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Lou Dobbs, conservative political commentator, dies at 78
Lou Dobbs, the conservative political pundit and cable TV host who was a nightly presence on Fox Business Network for more than a decade, has died. He was 78.
His death was announced Thursday in a post on his official social media account, which called him a “fighter till the very end – fighting for what mattered to him the most, God, his family and the country.”
“Lou’s legacy will forever live on as a patriot and a great American. We ask for your prayers for Lou’s wonderful wife Debi, children and grandchildren,” the post said.
Celal Gunes/Anadolu via Getty Images
He hosted “Lou Dobbs Tonight” on Fox Business from 2011 to 2021, following two separate stints at CNN.
Fox News Media said in a statement that the network was saddened by Dobbs’ passing.
“An incredible business mind with a gift for broadcasting, Lou helped pioneer cable news into a successful and influential industry,” the statement said. “We are immensely grateful for his many contributions and send our heartfelt condolences to his family.”
Dobbs was an early and vocal supporter of former President Donald Trump during his candidacy for the White House and throughout his presidency. After his death was announced Thursday, Trump wrote on his media platform Truth Social that Dobbs was a friend and a “truly incredible Journalist, Reporter, and Talent.”
“He understood the World, and what was ‘happening,’ better than others. Lou was unique in so many ways, and loved our Country. Our warmest condolences to his wonderful wife, Debi, and family. He will be greatly missed!” Trump wrote on the platform.
Dobbs was named in a lawsuit against Fox News by Dominion Voting Systems over lies told on the network about the 2020 presidential election. A mediator in 2023 pushed the two sides toward a $787 million settlement, averting a trial. A mountain of evidence — some damning, some merely embarrassing — showed many Fox executives and on-air talent didn’t believe allegations aired mostly on shows hosted by Dobbs, Maria Bartiromo and Jeanine Pirro. At the time, they feared angering Trump fans in the audience with the truth.
Dobbs spent more than two decades at CNN, joining at its launch in 1980 and hosting the program “Moneyline.” He left CNN in 2009 to help media mogul Rupert Murdoch launch Fox Business.
When he joined Fox, he said he considered himself the underdog. A few years later his show was highly rated and he was a key figure on the right-leaning network.
“We’ll focus on the American people, their standard of living…the American nation,” he said about his show in 2011. “Those are always my starting points.”
Dobbs’ Fox show was titled “Lou Dobbs Tonight,” the same as the one he left in 2009 after an awkward last few years at CNN. Once the most visible television business journalist with his “Moneyline” show in the 1990s, Dobbs made CNN management uneasy as he grew more opinionated and drew angry protests from Latinos for his emphasis on curbing illegal immigration.
Dobbs dove into the complex public policy and economic issues that drive society. He said he always wanted to be straight with his viewers about his own views on issues.
“My audience has always expected me to tell them where I’m coming from, and I don’t see any reason to disappoint them,” he said in 2011.
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.
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.
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