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Tag: Donald Trump

As Shutdown Drags On, Support Remains High For ACA Tax Credits, Poll Says

The post As Shutdown Drags On, Support Remains High For ACA Tax Credits, Poll Says appeared com. Three in four Americans and 50% of Republicans want Congress to extend tax credits so low income Americans can afford health coverage under the Affordable Care Act, a KFF poll released November 6, 2025 shows. In this photo, the US Capitol Visitor Center is closed to visitors on the first day of the US government shutdown in Washington, DC, on October 1, 2025. The tax credits, or subsidies, make health insurance premiums more affordable for individuals. They were enhanced by the Biden administration and the Democratic-controlled Congress in 2021, allowing more Americans to buy coverage. The enhanced subsidies, which expire at the end of this year, helped enrollment in the ACA’s individual coverage, also known as Obamacare, eclipse a record 24 million Americans, boosting its popularity to all-time highs. But legislation sitting before Congress that would extend the tax credits has yet to pass either the U. S. House of Representatives or the U. S. Senate. The issue of whether to extend tax credits is the key issue that triggered the shutdown of the federal government after President Donald Trump and his fellow Republicans in Congress didn’t come to an agreement with Democrats about the future of the enhanced subsidies. The shutdown is now the longest in U. S. history, surpassing the previous 35-day government funding lapse of 2019. “The expiring tax credits are a central issue in the ongoing Congressional budget standoff, as Democrats want the tax credits extended as part of a budget.

Only Reduced Food Stamps Benefits Will Be Issued, and May Take Months to Get To You

The U. S. Department of Agriculture will pay about half of November benefits for the Supplemental Nutrition Assistance Program, or SNAP, though benefits could take months to flow to recipients, the department said Monday in a brief to a federal court in Rhode Island, despite a court order to tap the necessary money to distribute them. The post Only Reduced Food Stamps Benefits Will Be Issued, and May Take Months to Get To You appeared first on FlaglerLive.

‘Bowing down to him’: Supreme Court faces ‘awkward’ predicament in new Trump case

The New York Times reports that on Wednesday, the Supreme Court will “consider for the first time whether to say ‘no'” to President Donald Trump “in a lasting way” as they weigh in on the president’s “use of emergency powers to impose sweeping tariffs on nearly every U. S. trading partner.”According to the Times, the case is a difficult one, made even worse by Trump’s “efforts to personalize the dispute. Observers of the court said the justices would be keenly aware that Mr. Trump would perceive a legal defeat as a personal blow,” the Times notes. Donald B. Verrilli Jr., who was the solicitor general during the Obama administration, agrees, saying “You can’t help but think that that’s going to be hovering over the decision-making process in this case.” Thus far, the Supreme Court’s six conservative justices have “so far been receptive to Mr. Trump’s claims of presidential authority,” the Times says. The tariffs case, however, is the first time the justices will weigh in on “the underlying legal merits” of Trump’s actions.”At the end of this term, we’ll see wins and losses for Trump on presidential power,” said Jack Goldsmith, a Harvard Law School professor and former top Justice Department lawyer under George W. Bush. “This is the case I think is the closest, so I don’t know which way it will cut.”This case, the Times says, “has divided the conservative legal community.”Trump’s lawyers say an obscure 1977 statute “gives him broad authority to impose tariffs when he believes an emergency exists,” but that law doesn’t mention “tarrifstaxes”, or “duties,” the Times explains.“Emergency powers are meant to be used in emergencies,” said Michael W. McConnell, a former federal appeals court judge nominated by President George W. Bush, who is leading the coalition of small businesses. “No Supreme Court would want to provoke a confrontation with a president of the United States unnecessarily, but on the other hand, the law is the law.”University of Texas at Austin law professor Tara Lee Grove says may find it “a stretch” to characterize trade deficits as an emergency, but the ’77 statute, she says, is “broad and appears to give the president a lot of discretion.”“The justices will be struggling with whether they want to second-guess any presidential decision about an emergency,” she said. Court observers have pointed to a dissenting opinion from Judge Richard G. Taranto, who was appointed by President Barack Obama, as a possible guidepost for the Supreme Court’s conservatives, should they back Trump, the Times explains. Taranto, the Times says, “argued that Congress intentionally used broad language to give presidents flexibility,” embodying “an eyes-open congressional grant of broad emergency authority in this foreign affairs realm.”D. John Sauer, the solicitor general, said Trump’s use of the ’77 statute to impose tariffs was not an unlimited delegation of power and referred to Judge Taranto’s dissent 10 times in his filing. Grove says the court will face a “legitimacy dilemma” as “they weigh the implications of their decision for the president’s legacy and the economy.”“No matter what they do in this case, it will be painted as political,” Grove says. Goldsmith says that he thinks the Supreme Court still has some integrity, but if Trump attends oral arguments as he said he intends to, things can get “awkward.”“I doubt the court wants to be perceived as bowing down to him,” Goldsmith says, but if Trump does show up, “it’s just going to make it harder for them to rule for him.”.

Bitcoin Broke the Uptober Streak, but a Handful of Altcoins Managed to Finish Higher

The post Bitcoin Broke the Uptober Streak, but a Handful of Altcoins Managed to Finish Higher appeared com. Bitcoin closed October lower, snapping its six-year “Uptober” streak while BNB eked out a gain as a mid-month jolt left most majors stuck below early highs. The shock landed Oct. 10, when President Donald Trump threatened steep new tariffs on China amid rare-earth tensions, touching off a broad risk-off move. Bitcoin slid from roughly the low $120,000s toward about $105,000 in fast trade, and altcoins fell harder as thin liquidity met heavy leverage. Over Oct. 10-11, derivatives venues auto-liquidated an estimated tens of billions of dollars in positions and more than half a trillion dollars in market value evaporated before a shaky rebound set a floor. It was a macro headline colliding with crowded positioning, not a crypto-specific catalyst. By month’s end, CoinDesk Data showed bitcoin finishing October in the red, the outcome that breaks what traders call “Uptober.” On CoinGlass’s Bitcoin Monthly Returns heat map, October 2025 is the first red October since 2018 and ends a green run that stretched from 2019 through 2024. That lore matters because the pattern persisted across very different regimes late-cycle surges and post-sell-off recoveries alike so a miss in 2025 resets expectations and reminds traders that seasonality is a tendency, not a promise. CoinGlass’s Bitcoin Monthly Returns Heat Map (CoinGlass) The month’s shape was remarkably consistent across one-month TradingView charts. Bitcoin started firm, suffered the synchronized Oct. 10-11 air pocket, then spent the back half of the month climbing without retaking its early peak. Ether traced the same flush-base-fade arc and stalled beneath the round-number band it tested in the first week. Solana and XRP echoed that rhythm with a sequence of lower highs into the final sessions. In practical terms, late rebounds did not flip resistance into support, which is why the monthly candles printed red for those four.

‘Terrified’: Jasmine Crockett believes she has Trump on the ropes — and he’s panicking

President Donald Trump’s frequent attacks on Rep. Jasmine Crockett (R-TX) reflect his growing fear of the Democratic lawmaker at least according to Crockett whose clashes with right-wing media and lawmakers have helped propel her onto the national stage.“I process [attacks from Trump and right-wing media] as they believe that I’m a threat,” Crockett told Politico. “Listen, you’re not talking about anybody who’s not relevant. That’s just the reality. No one is wasting capital on anyone that is not relevant.”While Trump is known for frequently lashing out at Democratic lawmakers, Crockett has been among the most frequent targets for his attacks. He’s called her a “lowlife,” a “very low-IQ person,” and compared her unfavorably to Rep. Alexandria Ocasio Cortez (D-NY), “only slightly dumber.”But for Crockett, Trump’s attacks are an admission that he saw her as a growing threat, and one he lashed out at frequently as a means to “thwart before they rise too much.”“I think that personally they are threatened. When you look at AOC, AOC is the highest-fundraising member in the U. S. House, period. Above Democrats, Republicans, that is number one,” Crockett said.“When you look at the crowds that she garners, when she goes out, that’s a scary thing for him, right? And a lot of the people that I believe that he wants to appeal to, AOC is one of the few people that can actually break through. I would argue that as much as I go against him, I would imagine that I get some of those folk too.”For her part, Crockett has not held back in returning jabs at Trump. After being called a “low IQ person,” Crockett fired back by noting that Trump “sure [does] have my name in your mouth a lot,” and that his attacks were proof that he was “terrified of smart, bold Black women telling the truth and holding you accountable.”.