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What’s in the White House Budget Request?

SubscribeLog In SubscribeLog InAdvertisementPoliticsWhat’s in the White House Budget Request?ImagePresident Trump’s budget proposal would increase military spending by $195 billion over the next two years.CreditAndrew Renneisen/Getty ImagesBy The New York Times Feb. 12, 2018WASHINGTON — The White House released its fiscal 2019 budget on Monday, outlining the administration’s fiscal priorities at a moment when Congress is already moving ahead with its own spending plan. The blueprint is largely a political statement and is unlikely to influence lawmakers, who control the federal pursestrings and just passed a bill, which President Trump signed into law last week, raising spending caps by about $300 billion over two years.That deal, which briefly forced a government shutdown, increases military spending by $195 billion over the next two years and increases nondefense spending by $131 billion over that period. Mr. Trump’s budget proposal calls for a different approach and says Congress should not spend all of those additional nondefense funds […]

Casting Wall Street as Victim, Trump Leads Deregulatory Charge

Most noticeably, there’s been a dramatic change in tone from the White House. This weekend, Mr. Trump wrote in a Twitter post that regulators, in particular the consumer bureau, have left the financial industry “devastated and unable to properly serve the public.”It was a rare instance of a politician casting Wall Street as a victim — especially since the banking industry is on a roll. Commercial banks last year generated $157 billion in profits, the highest level ever, according to the Federal Deposit Insurance Corp. Banks are making lots of loans […]

Texas, Arpaio, Mayweather: Your Weekend Briefing

#briefing-market-module.interactive-embedded .interactive-caption { display: none; } Market Snapshot View Full Overview ____ Photo Credit Sam Hodgson for The New York Times 4. Sebastian Gorka, an adviser to President Trump with hard-line views on Islam and immigration, has been forced out of the White House in the latest exit since John Kelly took over as chief of staff. And we found out that a chief economic adviser to the president, Gary Cohn, above, considered stepping down over the president’s response to the deadly violence in Charlottesville, Va. Mr. Cohn, who is Jewish, said in an interview with The Financial Times that the administration “must do better” in condemning hate groups. Our reporter spent some time at the Trump International Hotel in Washington, finding a different but revealing side of the administration. ____ Photo Credit Royal Malaysian Navy European Pressphoto Agency 5. International challenges proliferated. Just days after Secretary of State Rex Tillerson praised Pyongyang for showing restraint, North Korea launched several short-range missiles off its coast. Continue reading the main story On Afghanistan, President Trump — reversing his stance — embraced deeper involvement in a nearly 16-year war. […]

Yellen Warns Against Erasing Regulations Made After Financial Crisis

She also cautioned against overconfidence, noting that policy makers gathered at this same conference a decade ago were optimistic about the resilience of the system — which was even then in the process of falling apart. One goal of the changes enacted since the crisis is to guard against the problems that regulators do not anticipate.“The events of the crisis demanded action, needed reforms were implemented and these reforms have made the system safer,” Ms […]

The Superpedestrian Copenhagen Wheel lives up to the hype (Review)

In which I get to put this long awaited drop-in e-bike conversion wheel through its paces, and find it to be electrifying. […]

Public Health: Obamacare’s Future Now Depends on an Unhappy White House

But the Trump administration, rather than working to solve those problems, has mostly described them as failures of the previous administration. The White House has declined to say whether it will continue to pay certain subsidies to plans for very low-income Americans, subsidies seen as vital to the financial health of the exchange business. And it has suggested that it might decline to enforce the law’s individual mandate. Both of those actions will tend to raise prices, discourage insurer participation and make Obamacare shakier than it would be otherwise.While premiums for Obamacare plans rose sharply for many customers this year, a growing body of evidence suggests that the insurers still in the market have begun making money and would be likely to stay if not for the administrative uncertainty. So far, there has not been a widespread run for the exits among insurers, but that could change if the companies feel that the administration wishes to actively undermine the markets.Newsletter Sign UpContinue reading the main storyThank you for subscribing.An error has occurred. Please try again later.You are already subscribed to this email.View all New York Times newsletters.President Trump, for the moment, appears to be leaning toward that course of action. In a Tuesday morning tweet, he wrote, “Let Obamacare fail and then come together and do a great healthcare plan.” Later in the day, he told reporters that Republicans should “let Obamacare fail,” adding, “I’m not going to own it.”Republicans control both houses of Congress and the White House. But they have demonstrated that there is not enough agreement within the party to pass a major health overhaul bill […]

Bedded Bliss – Cari Quinn & Taryn Elliott

Bedded Bliss Cari Quinn & Taryn Elliott Genre: Erotic Romance Publish Date: August 22, 2016 Publisher: Rainbow Rage Publishing Seller: Draft2Digital, LLC A hot night in Vegas is just what the rockstar ordered…until someone ends up married. Michael Shawcross is living the dream, opening up for his idols, Oblivion, on his band Warning Sign’s first tour. Until an overzealous fan goes too far and his hard-partying ways catch up to him in the form of an ultimatum from his manager, Lila Crandall. Clean up your image—or else. Single mom Chloe Adams is in Vegas for a rare girls’ night out. She wasn’t ever supposed to be attracted to another rockstar. In fact, she’s in rockstar rehab, and the cure for her addiction definitely isn't a sexy, smart-mouthed guitarist with wicked fingers. She never expects to accidentally end up his wife. Or to have her new husband suddenly decide that she’s the solution to all his problems. And surprise…he’s happy to show his appreciation in a number of interesting, inventive ways. Pretending their marriage is real might just be the hottest proposition she’s ever been given. But what happens when a lie becomes the truth? […]