Deutsche Sees Any Rate Cut by RBI Boosting India’s Bond Market
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2023-11-24 16:29
Dr Denis Mukwege: Nobel Prize-winner to contest DR Congo presidency
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2023-10-02 23:51
Who is Troy Weeks? Man who mowed Rex Huermann's lawn says he wasn't allowed inside 'creepy' house
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Devers breaks tie in 6-run 8th, Red Sox beat Reds 8-2 to avoid sweep
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‘I’m very proud of my son’: Joe Biden defends son Hunter Biden after deal with DoJ to plead guilty to federal charges
President Joe Biden said he was proud of his son Hunter Biden, after the younger Mr Biden reached a plea deal with the Department of Justice, agreeing to plead guilty to federal charges following an investigation into his taxes. The president responded to shouted questions from reporters in San Francisco, who asked if he had spoken to his son. “I’m very proud of my son,” he said. He did not respond to a question about if he encouraged his son to take a guilty plea. The president’s son will plead guilty to two federal charges, the Justice Department said in a court filing on Tuesday morning. Mr Biden has been the subject of not only the ongoing federal investigation but a focus of Republicans’ probe into the Biden administration. A court filing from David Weiss, the US Attorney for District of Delaware, said that the president’s only living son will plea guilty to two federal charges of willful failure to pay federal income tax one charge of a firearm by a person who is “an unlawful user or addicted to a controlled substance.” At the time, Mr Biden, the sole surviving son of the president’s first marriage, was actively addicted to drugs. “The parties jointly request that the Court schedule a consolidated Initial Appearance on the firearm Inform and an Initial Appearance and Change of Plea Hearing on the tax charges,” the filing said. Mr Weiss was appointed by former president Donald Trump and has been in charge of the probe into Mr Biden. The case says that in 2017, Mr Biden had received taxable income in excess of $1.5m, $100,000 of which was taxable to the federal government, but he failed the pay it to the Internal Revenue Service by 17 April 2018. He reportedly failed to do the same the following year. Mr Biden also agreed to a pretrial diversion agreement to regarding the firearm charge. According to the legal filing, Mr Biden knew he was an unlawful user of and addicted to a controlled substance and possessed a Colt Cobra 38SPL firearm, which was shipped through interstate commerce. White House Spokesman Iam Sams put out a statement after the charges were made public. “The President and First Lady love their son and support him as he continues to rebuild his life,” he said. “We will have no further comment.” Mr Biden’s attorney Christopher Clark said in a statement that the announcement of the two agreements meant that the investigation that began five years ago was concluded. “Hunter will take responsibility for two instances of misdemeanor failure to file tax payments when due pursuant to a plea agreement,” he said. “A firearm charge, which will be subject to a pretrial diversion agreement and will not be the subject of the plea agreement, will also be filed by the Government. I know Hunter believes it is important to take responsibility for these mistakes he made during a period of turmoil and addiction in his life. He looks forward to continuing his recovery and moving forward.” But a statement from Mr Weiss to Fox News said “The investigation is ongoing.” The charges come days after former president Donald Trump’s indictment and arraigment related to his alleged mishandling of documents related to national security. The former president criticised Mr Biden’s agreement with the federal government. "Wow! The corrupt Biden DOJ just cleared up hundreds of years of criminal liability by giving Hunter Biden a mere 'traffic ticket,'” Mr Trump posted on Truth Social. “Our system is BROKEN!” Mr Trump attacked the younger Mr Biden for his addictions in his debate with his father in September of 2020. Mr Biden has discussed his addictions in the past and his father addressed them in that debate. “My son like a lot of people, like a lot of people we know at home had a drug problem,” the then-Democratic nominee for president said. “He’s overtaken it. He’s, he’s fixed it. He’s worked on it. And I’m proud of him. I’m proud of my son.” Mr Biden is the sole surviving son of the president’s first marriage to Nelia Hunter Biden. Shortly after his father’s election to the Senate in 1972, his mother and his sister Naomi were killed in a car crash that left him and his elder brother Beau severely injured. Beau Biden, who later served as attorney general of Delaware, died of brain cancer in 2015. The elder Mr Biden later remarried Jill Biden, the current first lady, and the two had a daughter Ashley Biden. Since taking back the House majority in November, Republicans have made Mr Biden the chief focus of many of their investigations and have attempted to show a link between his business dealings and his father’s work as vice president. House Oversight Committee Chairman James Comer intimated that this would not deter the committee. “Hunter Biden is getting away with a slap on the wrist when growing evidence uncovered by the House Oversight Committee reveals the Bidens engaged in a pattern of corruption, influence peddling, and possibly bribery,” he said. Rep Jamie Raskin (D-MD), the top Democrat on the committee, said that the charges were a sign of an equal justice system. “This development reflects the Justice Department’s continued institutional independence in following the evidence of actual crimes and enforcing the rule of law even in the face of constant criticism and heckling by my GOP colleagues who think that the system of justice should only follow their partisan wishes,” he said. “ Oversight Committee Republicans have advanced debunked conspiracy theories about President Biden and are now, again, wailing about the work of a Trump appointed U.S. Attorney. Meanwhile, our colleagues have refused to investigate Jared Kushner and Donald Trump’s receipt of billions of dollars from autocratic regimes after handing them a string of outrageous policy favors and concessions.” So far, the House Oversight Committee has not been able to produce clear evidence of a link between Mr Biden’s actions and his father’s work as either vice president or president. -Andrew Feinberg and John Bowden contributed to this report Read More Donald Trump and GOP fume over Hunter Biden’s ‘traffic ticket’ indictment as House investigation sputters Democratic lawmaker Stacey Plaskett accidentally says Trump ‘needs to be shot’ in slip-up on live TV Trump-appointed judge sets trial date in classified documents case Donald Trump and GOP fume over Hunter Biden’s ‘traffic ticket’ indictment as House investigation sputters Fox News host rips ‘incoherent’ Trump after Bret Baier interview
2023-06-21 04:47
Ivanka Trump takes stand in New York civil fraud trial
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2023-11-09 00:25
E-40 discusses new album, being an underrated hip-hop legend and cookbook with Snoop Dogg
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Biden says debt deal 'very close' even as two sides far apart on work requirements
Work requirements for federal food aid recipients have emerged as a final sticking point in negotiations over the looming debt crisis, even as President Joe Biden said Friday that a deal is “very close.” Biden’s optimism came as the deadline for a potentially catastrophic default was pushed back to June 5 and seemed likely to drag negotiations between the White House and Republicans over raising the debt ceiling into another frustrating week. Both sides have suggested one of the main holdups is a GOP effort to boost work requirements for recipients of food stamps and other federal aid programs, a longtime Republican goal Democrats have strenuously opposed. Even as they came closer to a framework on spending, each side seemed dug in on the work requirements. White House spokesman Andrew Bates called the GOP proposals “cruel and senseless” and said Biden and Democrats would stand against them. Louisiana Rep. Garret Graves, one of House Speaker Kevin McCarthy’s negotiators, was blunt when asked if Republicans might relent on the issue: "Hell no, not a chance,” he said. The later “ X-date,” laid out in a letter from Treasury Secretary Janet Yellen, set the risk of a devastating default four days beyond an earlier estimate. Still, Americans and the world uneasily watched the negotiating brinkmanship that could throw the U.S. economy into chaos and sap world confidence in the nation’s leadership. Yet Biden was upbeat as he left for the Memorial Day weekend at Camp David, declaring, “It’s very close, and I’m optimistic.” With Republicans at the Capitol talking with Biden’s team at the White House, the president said: “There’s a negotiation going on. I’m hopeful we’ll know by tonight whether we’re going to be able to have a deal.” But a deal had not come together when McCarthy left the Capitol Friday evening. In a blunt warning, Yellen said failure to act by the new date would “cause severe hardship to American families, harm our global leadership position and raise questions about our ability to defend our national security interests.” Anxious retirees and others were already making contingency plans for missed checks, with the next Social Security payments due next week. Biden and Republican McCarthy have seemed to be narrowing on a two-year budget-slashing deal that would also extend the debt limit into 2025 past the next presidential election. But talks over the proposed work requirements for recipients of Medicaid, food stamps and other aid programs seemed at a standstill Friday afternoon. Biden has said the Medicaid work requirements would be a nonstarter. But he initially seemed open to possible changes on food stamps, now known as the Supplemental Nutrition Assistance Program, or SNAP. The Republican proposal would save $11 billion over 10 years by raising the maximum age for existing standards that require able-bodied adults who do not live with dependents to work or attend training programs. While current law applies those standards to recipients under the age of 50, the House bill would raise the age to include adults 55 and under. The GOP proposal would also decrease the number of exemptions that states can grant to some recipients subject to those requirements. Biden's position on the SNAP work requirements appeared to have hardened by Friday, when spokesman Bates said House Republicans are threatening to trigger an unprecedented recession “unless they can take food out of the mouths of hungry Americans.” Any deal would need to be a political compromise, with support from both Democrats and Republicans to pass the divided Congress. Failure to lift the borrowing limit, now $31 trillion, to pay the nation’s incurred bills, would send shockwaves through the U.S. and global economy. But many of the hard-right Trump-aligned Republicans in Congress have long been skeptical of Treasury’s projections, and they are pressing McCarthy to hold out. As talks pushed into another late night, one of the negotiators, Rep. Patrick McHenry, R-N.C., called Biden’s comments “a hopeful sign.” But he also cautioned that there’s still “sticky points” impeding a final agreement. While the contours of the deal have been taking shape to cut spending for 2024 and impose a 1% cap on spending growth for 2025, the two sides remain stuck on various provisions. House Republicans had pushed the issue to the brink, displaying risky political bravado in leaving town for the Memorial Day holiday. Lawmakers are tentatively not expected back at work until Tuesday, but now their return is uncertain. Weeks of negotiations between Republicans and the White House have failed to produce a deal — in part because the Biden administration resisted negotiating with McCarthy over the debt limit, arguing that the country’s full faith and credit should not be used as leverage to extract other partisan priorities. “We have to spend less than we spent last year. That is the starting point,” said McCarthy. One idea is to set the topline budget numbers but then add a “snap-back” provision to enforce cuts if Congress is unable during its annual appropriations process to meet the new goals. Lawmakers are all but certain to claw back some $30 billion in unspent COVID-19 funds now that the pandemic emergency has officially been lifted. McCarthy has promised lawmakers he will abide by the rule to post any bill for 72 hours before voting. The Democratic-held Senate has vowed to move quickly to send the package to Biden’s desk. ___ Associated Press writers Mary Clare Jalonick, Stephen Groves, Farnoush Amiri, Seung Min Kim and Kevin Freking and videojournalist Rick Gentilo contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Lauren Boebert claims Biden plan to combat antisemitism will target ‘conservatives’ Defense secretary tells Navy graduates they are ready to serve Doctor's supporters, hospital at odds with Indiana penalty for talking about 10-year-old's abortion
2023-05-27 12:28
NATO wrestles with Ukraine bid at summit on Russia's doorstep
NATO leaders will grapple with Ukraine's membership ambitions at their summit Tuesday, their determination to face down Russia boosted by a breakthrough in Sweden's...
2023-07-11 10:24
Former TPG executive's guilty plea upheld in US college admissions scandal
By Nate Raymond and Jonathan Stempel BOSTON A U.S. appeals court on Monday upheld the conviction of a
2023-08-15 05:55
How old is Ryan Reynolds? Fans extend heartfelt birthday wishes to actor as Wrexham invites people to sign online card
The special online card marks Ryan Reynolds' birthday to 'repay some of the inspiration and happy times' he has provided Team Wrexham to date
2023-10-24 03:15
The Syrian refugee who became mayor of a German village
Ryyan Alshebl fled war-torn Syria in 2015, arriving on the Greek island of Lesbos after a harrowing four-hour journey on...
2023-05-31 18:29
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