Tag Archives: details

Memo details House Republicans’ plan to reclaim the majority in 2022


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‘More than a single incident of espionage’: Top Biden cybersecurity official details response to SolarWinds breach


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The key details of the Brexit deal, at a glance


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‘Both of them shot at each other’: Deadly Antelope shooting details emerge


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Bloomberg Offers Few Details to Back Up Trillions in Spending

Bloomberg Offers Few Details to Back Up Trillions in Spending(Bloomberg) — Ask Democratic presidential candidate Michael Bloomberg how he’ll pay for his plans to create jobs, provide health insurance and repair roads and bridges, and you get the same answer: Wait until you see my tax plan.Bloomberg has released almost 20 proposals since joining the race on Nov. 24: $ 1.2 trillion for infrastructure. $ 70 billion of federal spending in low-income neighborhoods to aid black homeownership. Another trillion and a half for health care. He hasn’t detailed where the money for the ambitious proposals will come from.If Bloomberg comes out of Super Tuesday among the Democratic race’s top tier, there will be increasing pressure on him to explain how he’s going to pay for his policies, said Don Fowler, a former Democratic National Committee chairman who hasn’t endorsed a 2020 candidate.“There will be a great hue and cry for him to add substance to his proposals and do it very quickly,” Fowler said.Bloomberg’s campaign says that it plans to release further details about the tax proposal as soon as next week and that it will show how he plans to pay for his proposals.That would mean details come out before 14 U.S. states vote March 3 on Super Tuesday, the contests on which Bloomberg is staking his campaign. But until then, voters have only heard him say he supports “taxing wealthy people like me” to pay for a growing list of policy proposals.The approach is at odds with Bloomberg’s pitch — that his three terms as New York mayor and in building the company that bears his name show he’s a practical problem solver, someone who takes a data-driven approach to running government efficiently.It’s also at odds with his Democratic rivals who often explain revenue streams when they propose big programs. No one does that more thoroughly than Elizabeth Warren, whose plan to pay for her $ 20.5 trillion health care plan ran 19 pages.Not that their estimates have always had pinpoint accuracy. Warren’s and Sanders’s Medicare For All cost estimates differ by $ 10 trillion. And academics have found Warren’s, Biden’s and Sanders’s revenue estimates from their tax plans overly rosy.The lack of details hasn’t stopped the Bloomberg campaign from rolling out the proposals in his campaign’s earliest days, sometimes at a clip of two or three a week. The media has started to notice, as one recent Associated Press article led off by noting the lack of details about paying for a promise to create millions of new jobs.Bloomberg’s plans on health care, the economy, climate change and other issues where he specifies costs total more than $ 3 trillion over 10 years. Many more don’t list a cost.Bloomberg is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News.His campaign has said it’s hard to determine cost estimates because plans are related, and the cost or savings in one proposal can affect another. But the campaign has consistently said that Bloomberg’s tax plan will pay for the policies he is releasing.Bloomberg himself has said little about his tax plan other than he supports increasing taxes on the rich but not with a wealth tax. He opposes the wealth taxes proposed by Warren and Bernie Sanders, which would place a tax on the fortunes of millionaires and billionaires.In a Jan. 11 interview, Bloomberg said the corporate tax rate cut in the Republicans’ 2017 tax overhaul was necessary for competitive reasons but was too deep, and he opposed the measure’s cuts in income-tax rates.“I’ve said I didn’t need the cut, and that was the money that we needed for infrastructure,” Bloomberg said. “You can expect me to try to rectify that in our proposals.”As New York’s mayor, Bloomberg increased property taxes by 18.5% in 2003 – the largest in the city’s history — to generate $ 837 million to plug budget deficits. His poll numbers suffered but he was re-elected in 2005.Other Democratic presidential candidates have released cost estimates and funding sources for their plans in varying levels of detail. Joe Biden has said he would pay for $ 3.2 trillion in proposals with new and higher taxes on the wealthy and corporations, including a minimum federal levy targeting companies that have reported paying no federal income taxes in recent years.Sanders has said his Medicare-for-All plan alone would cost more than $ 30 trillion over a decade but hasn’t fully detailed how he’d pay for it except to say taxes would go up while out-of-pocket health costs would go down.Leonard Burman, a fellow at the Urban Institute, a nonpartisan policy research group in Washington, said he would expect Bloomberg “to put out a package where the revenues could cover the costs, but it’s just really hard to tell what it would look like without knowing the exact price tag and the details.” Burman co-founded the Tax Policy Center, which analyzes candidate tax plans.To contact the reporter on this story: Mark Niquette in Columbus at mniquette@bloomberg.netTo contact the editors responsible for this story: Wendy Benjaminson at wbenjaminson@bloomberg.net, Craig GordonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.



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Andrew Yang's wife details alleged sexual assault by doctor

Andrew Yang's wife details alleged sexual assault by doctorThe wife of Democratic presidential candidate Andrew Yang says she was sexually assaulted by an obstetrician while she was pregnant with the couple’s first child. Evelyn Yang said in an interview televised Thursday by CNN that the assault happened in 2012 and that she was initially afraid to tell anyone. “Something about being on the trail and meeting people and seeing the difference that we’ve been making already has moved me to share my own story about it, about sexual assault,” she told CNN.



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'Excitement turned into horror': New cruise details emerge after New Zealand volcano eruption

'Excitement turned into horror': New cruise details emerge after New Zealand volcano eruptionRoyal Caribbean is suspending tours of active volcanoes after the Dec. 9 New Zealand volcano eruption on White Island.



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New details emerge on snowstorm plane crash that left 9 dead

New details emerge on snowstorm plane crash that left 9 deadAn NTSB investigator examines the wreckage of a Pilatus PC-12 airplane at Chamberlain Municipal Airport in South Dakota. The aircraft crashed on Saturday, November 30, 2019, moments after taking off. The crash killed nine of the 12 people on board. (NTSB) The pilot and a passenger worked for three hours "to remove snow and ice from the airplane," according to a National Transportation Safety Board (NTSB) preliminary report, prior to a deadly plane crash late last month in South Dakota that claimed the lives of nine passengers and injured three others.The NTSB said a witness recalled having seen the efforts to clear the single-engine Pilatus PC-12 before the plane took off and then crashed within a mile of takeoff in Chamberlain, South Dakota, Nov. 30."If you have the proper equipment it shouldn't take three hours, especially for a plane that size," Ethan Klapper, a journalist and licensed aircraft dispatcher, told AccuWeather. "Sounds like something improper happened here. Also, they were clearing the snow while it was still snowing. So likely there was additional accumulation that was occurring during this, and they took off with still more snow that accumulated on the aircraft."Chamberlain, and much of South Dakota, was under a Winter Storm Warning from the National Weather Service at the time of the crash. Winds of 7 mph and moderate snow were reported at the time of the flight with overcast conditions and half-mile visibility, according to the report. Freezing rain and snow were observed at the Chamberlain Municipal Airport the previous afternoon and overnight.The plane arrived in Chamberlain Friday at about 9:30 a.m. CST, according to an earlier NTSB statement. The airplane remained parked on the airport ramp until the accident a day later."It seems a classic case of no deicing chemicals were sprayed or that there was some kind of buildup of new snow on the wings," said AccuWeather Senior Meteorologist Alex Sosnowski. "Or is it possible the air speed indicator was clogged with, or again became clogged with, snow and ice? Or, did they damage something on the plane while clearing it of snow and ice?" A photo of a Pilatus PC-12 in flight. (Pilatus Aircraft Ltd) Ice and snow need to be properly removed from a plane for the flight to be legal, and if that doesn't happen, the consequences can be dire. Variations in drag and lift could be substantial if a plane is not properly deiced, an aviation expert confirmed with AccuWeather.Three of the plane's warning systems – the stall warning, stick shaker and stick pusher \- activated within 15 seconds after liftoff, the NTSB report noted. The airplane immediately rolled about 10 degrees to the left after takeoff. The plane then reversed to five degrees to the right before it "ultimately entered a 64-degree left bank as the airplane reached its peak altitude of 460 feet above ground," according to the report.It's also possible the time taken to clear the plane's snow and ice affected pre-flight preparations. The pilot and passenger worked for three hours before being joined by the remaining passengers shortly before the flight, according to the NTSB report. The pilot requested clearance from Minneapolis Air Route Traffic Control Center (ARTCC) at 12:24 p.m., saying he'd be ready in five minutes. At 12:27 p.m., he received clearance with a void time of 12:35 p.m. No radio communications were received from the pilot and radar contact was never established. At 12:40 p.m., Minneapolis ARTCC contacted the Chamberlain airport manager, who advised the plane had departed about 10 minutes earlier. An alert notice was then issued.Another factor that could have contributed to the crash was a possible load imbalance. The Pilatus PC-12 pilot's information manual notes the "maximum number of occupants is 9 passengers" plus 1-2 pilot(s). According to the NTSB report, there were 12 people on the plane.The data recorder captured cockpit sound, the report noted; the NTSB will convene a group of technical experts to produce a transcript. The preliminary report does not include analysis or a probable cause for the accident. Probable cause will be determined at the end of the investigation, which could take between 12-14 months to complete.According to Travis Garza, president of wellness company Kyani, the company's two founders, Jim Hansen and Kirk Hansen, were among the crash victims. The other seven passengers who died were their relatives; three passengers survived.There were 393 U.S. civil aviation deaths in 2018, an increase from 347 in 2017, according to the NTSB. Most aviation deaths in 2018 took place during general aviation operations - all civilian flying except scheduled passenger airline service – when 381 were killed, compared to 331 in 2017.



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Democratic candidate Warren discloses details of past legal work, showing $2 million in compensation

Democratic candidate Warren discloses details of past legal work, showing $  2 million in compensationDemocratic presidential candidate Elizabeth Warren released information on Sunday about her past legal work, showing nearly $ 2 million in compensation from dozens of clients, as a dispute intensified with her rival Pete Buttigieg over transparency. Warren, a leading candidate among the 15 Democrats vying for the party’s nomination to take on President Donald Trump in the November 2020 election, had already put out 11 years of tax returns in April and called on other candidates to follow suit. Buttigieg, the mayor of South Bend, Indiana, has said in recent days that Warren, a U.S. senator from Massachusetts, should release older tax documents detailing her corporate legal work.



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We've Got the Details on China's Submarine Drones

We've Got the Details on China's Submarine DronesThe real deal?



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