Americans worth more than $100 million sat on a whopping $8.5 trillion in untaxed profits in 2022, a report released Wednesday found — money that may never be taxed unless Congress closes a loophole shielding the investments of the ultrarich. These centimillionaires and billionaires made up just 0.05% of all American households in 2022, according … Read more
WASHINGTON ― President Joe Biden could, in theory, have Donald Trump abducted from his Mar-a-Lago home, spirited off to St. Helena in the faraway South Atlantic, and secretly kept there indefinitely, or even straight-up killed, without ever having to worry about criminal charges. Or so says Donald Trump’s logic. As part of his arguments against … Read more
U.S. President Joe Biden speaks on the student debt relief plan as Secretary of Education Miguel Cardona (R) listens in the South Court Auditorium at the Eisenhower Executive Office Building on October 17, 2022 in Washington, DC. Alex Wong | Getty Images How Plan A, Plan B student loan forgiveness compares Nearly 40 million Americans would have … Read more
Senator Joe Lieberman posing for a portrait in Beijing on October 15th 2023. (Gilles Sabrié for The Washington Post via Getty Images) Gilles Sabrié| The Washington Post | Getty Images No Labels founder Joe Lieberman is open to scrapping his bipartisan, third-party presidential ticket if the nonprofit political group cannot nail down the right candidates … Read more
Nothing that happened in Washington this year better encapsulates the modern Republican Party than the impeachment inquiry against President Joe Biden. And nothing will better symbolize former President Donald Trump’s control over the party than if the GOP goes through with it in 2024. Republicans have used their quest for dirt on the Biden family … Read more
Student debt rose to $1.6 trillion Student loan borrowers spent the first half of the year hoping to see their balances reduced, if not erased, by the end of the summer. Many spent the second half of the year scrambling to figure out how they were going to resume making payments. By the end of … Read more
U.S. President Joe Biden joins Israel’s Prime Minister for the start of the Israeli war cabinet meeting, in Tel Aviv on October 18, 2023, amid the ongoing battles between Israel and the Palestinian group Hamas. Miriam Alster | Afp | Getty Images Muslim leaders announced on Saturday that they are going national with an effort … Read more
A driver pumps gas at a Sunoco gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Images Oil prices are on pace to close out the year about 10% lower as bearish sentiment has taken over due to worries that the market is oversupplied from record production … Read more
Miodrag Ignjatovic | E+ | Getty Images Borrowers don’t need to apply Borrowers do not need to enroll in the on-ramp period, the U.S. Department of Education says. If your loans were eligible for the pandemic-era payment pause, which mainly include those in the Direct program, then borrowers will also qualify for this relief. Loans … Read more
Joe Biden did something this year that no other president has done. He put a citizen of the Navajo Nation into a lifetime federal judgeship. He also put a Bangladeshi American and Muslim woman into a lifetime federal judgeship. And he put 30 people into lifetime federal judgeships who have strong backgrounds in protecting people’s … Read more
