The head of the National Rifle Association’s political and lobbying arm incorrectly described a repealed Social Security Administration reporting requirement for gun background checks as targeting senior citizens “who asked for help handling their finances.”
House Minority Leader Nancy Pelosi claimed that the Republican tax cut plan “raises taxes on [the] middle class,” while President Donald Trump claimed that “everybody’s gonna benefit” from a plan that “is for the middle class.”
President Donald Trump continued his challenge of the National Football League in a tweet, this time to push tax reform.”Why is the NFL getting massive tax breaks while at the same time disrespecting our Anthem, Flag and Country? Change tax law!” Trump tweeted.
What tax breaks is the NFL receiving, and what tax law is Trump referring to?
There are ways that Trump’s tweet is both right and wrong. But the bottom line is that the NFL continues to benefit from major tax breaks, especially in the construction of its stadiums.
Q: Did President Donald Trump revoke the National Football League’s status as a nonprofit organization?
A: No. The NFL’s league office voluntarily gave up that status in 2015.
In October 2017, Donald Trump announced that he will be ending the cost-sharing subsidies that the Obama administration made as part of the ACA. The purpose of these subsidies is to reduce the out of pocket expenses of enrollees who fall in the 100% to 250% of federal poverty level.
There is disagreement on the legality of these subsidies and the current ruling by the courts was that Congress did not specifically appropriate the subsidies and were not legal.
Experts predict that ending these subsidies will result in more insurers leaving the market and significant increases in premiums including those who are not enrolled in the ACA.
Qatar has hired seven American lobbying firms and spent nearly $5 million on U.S. lobbying and media campaigns in an effort to fight its isolation by Saudi Arabia, the United Arab Emirates, Bahrain, Egypt, and others in June.
In a news interview and a speech in Pennsylvania, President Donald Trump misleadingly suggested that rising stock value could reduce the national debt. One budget expert told us that notion was “just silly.”