Tag: Elections

2024-09-27

New York mayor charged in corruption case

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A federal indictment charging New York City Mayor Eric Adams with a decade-long campaign contribution scheme, bribery and other crimes was unsealed Thursday morning, hours after FBI raided his Gracie Mansion residence and seized his phone. The 57-page indictment accuses Adams of five criminal counts related to obtaining illegal donations for his 2021 mayoral campaign, and accepting free luxury…

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2024-09-26

‘America Forward’ tax credits will finance manufacturing revival

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Vice President and Democratic presidential candidate Kamala Harris speaks at the Philip Chosky Theatre during a campaign event in Pittsburgh, Pennsylvania, on September 25, 2024.  Jim Watson | AFP | Getty Images Vice President Kamala Harris on Wednesday said she would work to usher in a U.S. manufacturing comeback, an appeal to the business community and an attempt to…

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2024-09-24

Bipartisan national security group endorses Harris over Trump

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Democratic presidential nominee Vice President Kamala Harris steps off Air Force Two at LaGuardia Airport in East Elmhurst, Queens, New York City, U.S., September 22, 2024.  Matt Rourke | Via Reuters More than 700 former national security and military officials endorsed Kamala Harris for president over Donald Trump in the 2024 election in an open letter published Sunday by…

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2024-09-22

Biden Fed Jay Powell meeting Oval Office

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Chairman of the Federal Reserve Jerome Powell (left) meets with President Joe Biden in the Oval Office on May 31, 2022. Saul Loeb | AFP | Getty Images President Joe Biden on Thursday said he had “never once spoken” to Federal Reserve Chair Jerome Powell while he was president. But the pair, joined by Treasury Secretary Janet Yellen, met…

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2024-09-20

Neither Trump nor Harris secures union backing

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The International Brotherhood of Teamsters on Wednesday announced it will not formally endorse a candidate in the 2024 presidential election, ending months of speculation about whether the labor union would back Republican Donald Trump or Democrat Kamala Harris. The union’s general executive board said in a statement that its member polling showed no majority support for Harris, and no…

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2024-09-19

Republican former officials endorse Harris over Trump

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Democratic presidential candidate Vice President Kamala Harris speaks at a campaign rally at the Bojangles Coliseum in Charlotte, North Carolina, on Sept. 12, 2024. Jim Watson | AFP | Getty Images More than 100 Republican former lawmakers and officials endorsed Democratic presidential nominee Vice President Kamala Harris in a letter, while warning that their own party’s candidate, former President…

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2024-09-19

Trump reverses position, vows to ‘get SALT back’

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Republican presidential nominee and former U.S. President Donald Trump attends a press conference at Trump National Golf Club, in Rancho Palos Verdes, U.S., September 13, 2024.  David Swanson | Reuters Former President Donald Trump on Tuesday vowed that he would “get SALT back” if reelected, apparently suggesting that he would eliminate the cap on state and local tax deductions…

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2024-09-05

Harris capital gains tax plan softens Biden proposal

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Vice President Kamala Harris boards Air Force Two at Joint Base Andrews in Maryland, Sept. 4, 2024. Erin Schaff | The New York Times | Via Reuters Vice President Kamala Harris on Wednesday proposed a 28% tax on long-term capital gains for households with an annual income of $1 million or more, lower than the 39.6% rate President Joe…

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2024-09-04

Harris $50,000 small business startup tax deduction ahead of Trump debate

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Democratic presidential nominee and U.S. Vice President Kamala Harris delivers remarks at a campaign rally in Savannah, Georgia, U.S., August 29, 2024.  Elizabeth Frantz | Reuters Vice President Kamala Harris on Wednesday will unveil a new proposal to provide small businesses with a $50,000 tax deduction for startup expenses, ten times the current $5,000 allowable deduction, according to a…

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2024-08-27

ABC News event in doubt

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Republican presidential nominee and former U.S. President Donald Trump speaks during a visit to the Livingston County Sheriff’s Office in Howell, Michigan, U.S., August 20, 2024.  Rebecca Cook | Reuters Republican presidential nominee Donald Trump is waffling on whether he will debate with Vice President Kamala Harris as previously agreed. And their campaigns are squabbling over terms for the…

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