Connect with us

CBS News

Pro-GOP super PAC AFP Action launches $10 million ad campaign against Democratic senators

Avatar

Published

on


A fresh round of attack ads against Democratic U.S. Senate candidates is hitting the airwaves in several competitive races, designed to raise doubts about their support for one of President Biden’s top legislative accomplishments.

AFP Action, one of the largest pro-GOP super PACs supporting congressional candidates, is launching a $10 million television and digital ad campaign against Democratic senators Jon Tester of Montana, Jacky Rosen of Nevada, Sherrod Brown of Ohio, Bob Casey of Pennsylvania, Tammy Baldwin of Wisconsin and Rep. Elisa Slotkin of Michigan, who’s running for her state’s open U.S. Senate seat.

Tester and Brown are the most vulnerable Democratic incumbents of the cycle, while the others remain in expensive and closely watched competitive races, despite recent polling showing them pacing ahead of their Republican rivals. 

Most of the ads call out the candidates for supporting the Inflation Reduction Act, a $1.2 trillion piece of legislation passed in 2022. AFP Action argues the measure costs the average American family roughly an additional $1,000 every month because the federal spending authorized by the act sparked a rise in prices that has only started to abate in recent months.

The ad targeting Casey, for example, faults him for voting for Mr. Biden’s priorities “98% of the time” and contributing to increased prices caused by inflation. It then urges viewers to support Dave McCormick, his Republican opponent. 

Casey has argued the legislation is helping cut health-care related costs, noting earlier this year that “80,200 Pennsylvanians on Medicare Part B and D are paying at most $35 a month for insulin, and 346,000 Pennsylvanians are paying hundreds of dollars less for health care Marketplace premiums.”

The ad targeting Brown calls out his nearly 30 years in elected office and says his vote for the act “drove inflation higher, forcing Buckeye families to pay nearly $1,000 more per month for everyday essentials. Sherrod Brown let us down.” It buoys “first-generation American Bernie Moreno,” his GOP rival. 

Brown has defended his vote for the measure, noting it’s saved his constituents money in health-care and energy costs and that the federal investment in Ohio should help spur new jobs. 

“These Senators drove our economy over a cliff by voting in lockstep with the Biden-Harris administration’s far-left progressive agenda, and now they want a do-over,” said AFP Action Director Nathan Nascimento. 

AFP Action is the political arm of Americans for Prosperity, a conservative organization that famously bucked former president Donald Trump last year and endorsed former South Carolina Gov. Nikki Haley’s presidential bid. But the group dropped its support for her in February and shifted its focus to congressional races. The organization says it’s engaged in more than 500 federal contests this year. 

This new suite of advertising is but a small part of hundreds of millions of dollars set to be spent by various outside super PACs in support of Democratic and Republican congressional candidates, on top of the hundreds of millions already earmarked to be spent on the presidential campaign. Most of the ad time was reserved in the spring at lower rates in anticipation of a cluttered political ad market this fall.  



Read the original article

Leave your vote

Continue Reading

CBS News

Man arrested on murder charge 14 years after victim vanished in Virginia

Avatar

Published

on


Police arrested a man on murder charges this month, 14 years after he allegedly killed a man in Virginia, but the victim’s body has never been found. 

Shane Ryan Donahue, a Virginia man, is presumed deceased, the Prince William County Police Department said Tuesday. He was last seen leaving his parents’ home in Nokesville, Virginia, on March 22, 2010. Donahue, 23, was headed to his house in Nokesville, but never made it there. 

Donahue was added to the National Missing and Unidentified Persons System after he vanished. According to records, Donahue did not have a car and regularly got rides from friends. He frequented Washington, D.C., Baltimore, Fauquier County, Virginia, and Northern Virginia.

The case stumped investigators, who followed a number of leads over the years. This spring, detectives reactivated the investigation and started looking at every detail of the case from scratch, officials said. They revisited people who had been interviewed during the initial investigation and reviewed “digital evidence in greater detail due to advances in analytical technology and modern police investigative practices,” according to a news release.

Officers said Donahue was last seen leaving his parents’ home with Timothy Sean Hickerson, now a 43-year-old Florida resident. Investigators connected Hickerson to a burglary at Donahue’s home that happened just days before the Virginia man disappeared. 

Detectives got an arrest warrant this month and, with the help of Florida’s Flagler County Sheriff’s Office, Hickerson was taken into custody in Palm Coast, Florida. Hickerson was charged with murder and burglary, is now set to be extradited to Virginia. 



Read the original article

Leave your vote

Continue Reading

CBS News

Trump created the controversial $10,000 SALT deduction cap. Now he wants to end it.

Avatar

Published

on


Former President Donald Trump, an avowed proponent of tax cuts, is floating the idea of reversing a measure passed during his tenure in the White House that effectively raised taxes for many U.S. homeowners.

In a post Tuesday on Truth Social, Trump suggested he would scrap a $10,000 cap on deducting state and local taxes (SALT) that was passed as part of the 2017 Tax Cuts and Jobs Act — a massive revamp that he has said boosted economic growth. 

Now, in the run-up to the November election, Trump said in the post he would “get SALT back, lower your taxes, and so much more,” although he stopped short of offering details. Trump made the post ahead of a speech he’s giving Wednesday at the Nassau Coliseum on Long Island.

Trump’s new proposal for getting rid of his $10,000 SALT deduction cap comes as the presidential hopeful is pitching several additional tax cuts that would, if enacted, reduce taxes for major groups of voters. He’s also vowed to eliminate taxes on Social Security benefits, a pledge that could get support from the nation’s senior citizens, as well as to end income taxes on tipped workers and on overtime pay, ideas that would help lower- and middle-income Americans. 

Yet Trump’s reversal on the SALT deduction has sparked skepticism from lawmakers as well as economists and policy experts. 

“So … now Trump is against the SALT tax cap which *checks notes* is a key part of the — only — major piece of legislation passed during his administration?” noted Chris Koski, a political science professor at Reed College in Portland, Oregon, on X.

Rep. Tom Suozzi, a Democrat from Nassau, Queens, said in a statement on Wednesday that he is “happy that the former president is saying that he has finally reversed his devastating decision in 2017 to cap the State and Local Tax (SALT) deduction.” He also urged Trump to convince Republican lawmakers to vote to restore the full deduction “if he is truly serious.”

The SALT deduction cap “has been a body blow to my constituents for the past 7 years,” Suozzi added.

Senator Chuck Schumer, a Democrat from New York, wrote on X,”Donald Trump took away your SALT dedications and hurt so many Long Island families. Now, he’s coming to Long Island to pretend he supports SALT. It won’t work.”

Asked for details about Trump’s proposal to restore the SALT writeoff, a spokeswoman for the Trump campaign told CBS MoneyWatch: “While his pro-growth, pro-energy policies will make life affordable again, President Trump is also going to quickly move tax relief for working people and seniors.”

Here’s what to know about the SALT deduction. 

What is the SALT deduction?

The state and local tax deduction allows taxpayers who itemize to deduct property taxes, sales taxes and state or local income taxes from their federal income taxes. Prior to the Tax Cuts and Jobs Act, there was no limit on how much people could deduct through the SALT deduction. 

But the 2017 tax overhaul passed under Trump limited the deduction to $10,000 – a blow to many homeowners in states with high property taxes, many of which are Democratic leaning. At the time of the law’s passage, the Treasury Department estimated that almost 11 million taxpayers in high-tax states like New York and New Jersey would forfeit $323 billion in deductions.

Who benefits from the SALT deduction?

Homeowners with high property taxes, such as people in New York, New Jersey and California, were the biggest beneficiaries of the the full SALT deduction. 

But some experts also noted that the SALT deduction primarily put more money in the pockets of higher-earning Americans. About 80% of the full SALT deduction had helped people earning more than $100,000 a year, according to the Tax Foundation. 

What happened after Trump capped the SALT deduction at $10,000?

The limit has increasingly impacted middle-class homeowners across the U.S. because of rising property taxes and incomes. Some lawmakers have also sought to either repeal or increase the SALT cap, but none of those efforts have borne fruit. 

Earlier this year, some lawmakers sought to double the SALT deduction cap to $20,000 for married couples, with the change retroactive for the 2023 tax year. But that bill was blocked in the House in February.

Won’t the SALT deduction cap expire anyway?

Yes, the SALT deduction cap is a provision that’s due to expire in 2025, as are many other parts of the Tax Cuts and Jobs Act, such as a reduction of the individual tax brackets. But Trump has previously indicated he wants to extend the provisions in his signature tax law.

How much would it cost the U.S. to repeal the SALT deduction cap?

It won’t be cheap, according to the the Committee for a Responsible Federal Budget, a think tank that focuses on budget and policy issues. 

Eliminating the $10,000 deduction limit “would increase the cost of extending the 2017 Tax Cuts and Jobs Act (TCJA) by $1.2 trillion over a decade,” the group estimates, adding that such a measure would be a “costly mistake.”

Extending the TCJA’s tax cuts would increase the nation’s deficit by $3.9 trillion over the next decade, the group estimates. By adding in a expiration or repeal of the SALT deduction cap, that would grow to $5.1 trillion, it added.

“Lawmakers should not extend the TCJA without a plan to – at a minimum – offset the costs of extension, but ideally the plan would raise revenues relative to current law and help put the nation’s debt on a better trajectory,” the group said in a statement.



Read the original article

Leave your vote

Continue Reading

CBS News

What Kamala Harris told Latinos at Congressional Hispanic Caucus event

Avatar

Published

on


What Kamala Harris told Latinos at Congressional Hispanic Caucus event – CBS News


Watch CBS News



Vice President Kamala Harris courted minorities, immigrants and their families during the Congressional Hispanic Caucus Institute’s leadership conference in Washington. CBS News senior White House and political correspondent Ed O’Keefe reports.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Read the original article

Leave your vote

Continue Reading

Copyright © 2024 Breaking MN

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.