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Showing posts with the label Epstein files

UNANIMOUS CONSENT

Well, with incredible swiftness yesterday,  both houses of the U.S. Congress passed that controversial Epstein file release legislation . The House vote was 427 to 1.  Louisiana Republican Representative Clay Higgins cited his concern about innocent people being hurt. Minority Leader Chuck Schumer brought up the bill on the floor of the Senate under a procedure called unanimous consent.  He had checked with the Republican party about this process, which allows no debate and no amendments, got concurrence and succeeded.  There was no congressional vote, so no one in the midterm election will get tainted. This measure is now on President Donald Trump's desk, and he has said he will sign it. The bill requires Attorney General Pam Bondi to release “all unclassified records, documents, communications, and investigative materials” related to Epstein and his co-conspirator Ghislaine Maxwell no later than 30 days after the law is enacted.   T he bill gives Bondi th...

TRUMP'S HUGE, UGLY LAW

Donald Trump signed his Big, Beautiful Bill on July 4.  Here are some details. Wikipedia  calls it the  One Big Beautiful Bill Act.   For purposes of this posting, I'll call it BBB. Has several hundred provisions. Permanently extends the individual tax rates Trump signed into law in 2017, which were set to expire at the end of 2025. Raises the cap on the state and local tax deductions to $40,000 for taxpayers making less than $500,00/year, but will drop to $10,000 after five years. Temporary tax deductions for tips, and overtime pay. Allows car buyers to deduct up to $10,000/year in auto loan interest for cars assembled in the U.S. and purchased between 2025 and 2028. Creates something called Trump Accounts, allowing parents to create tax-deferred accounts for the benefit of their children, which will expire in 2028.  In short, the U.S. government deposits $1000/birth of a child born between 2025 and 2028.  Then parents may contibute up to $5,000/year, with...