Rep. Jeffries pressed on Democrats' plan against GOP redistricting
CNN's Manu Raju speaks with House Minority Leader Hakeem Jeffries (D-NY) about both Democrats and Republicans possibly redistricting key states in the middle of an election cycle.
02:38 - Source: CNN
Vertical Politics of the Day 16 videos
Rep. Jeffries pressed on Democrats' plan against GOP redistricting
CNN's Manu Raju speaks with House Minority Leader Hakeem Jeffries (D-NY) about both Democrats and Republicans possibly redistricting key states in the middle of an election cycle.
02:38 - Source: CNN
Democrats walk out before vote for controversial Trump nominee
Senate Judiciary Committee Republicans voted on Thursday to advance the nomination of Emil Bove, President Donald Trump's former personal attorney, to a federal judgeship, over the loud protests of Democrats.
01:42 - Source: CNN
Trump's 'Manosphere' problems
Influential podcasters with large audiences of millennial and Gen Z men helped propel President Donald Trump to victory in 2024. Now some of those same voices are sharing criticisms of the current administration. CNN's Steve Contorno breaks it down.
01:56 - Source: CNN
Trump DOJ fires federal prosecutor in Epstein case
Maurene Comey, a federal prosecutor in the case against accused sex trafficker Jeffrey Epstein and the daughter of former FBI Director James Comey, has been fired from her job in the Southern District of New York, according to people familiar with the situation.
01:56 - Source: CNN
Bernie Sanders calls Trump's GOP 'cult of the individual'
Sen. Bernie Sanders (I-VT) tells CNN's Anderson Cooper that Republicans developed an almost Stalinist-type devotion to President Donald Trump.
00:45 - Source: CNN
This Native American senator brings Oklahoma ranch style to Washington
Sen. Markwayne Mullin (R-Oklahoma) gives CNN's Dana Bash a tour of his Capitol office, which showcases his Cherokee heritage and rancher lifestyle.
02:35 - Source: CNN
Ex-Trump business associate on Trump's friendship with Epstein
CNN's Erin Burnett speaks with former Trump Plaza Hotel and Casino COO Jack O'Donnell about one of President Trump's previous interactions with Jeffrey Epstein.
02:27 - Source: CNN
Fearing ICE crackdown, this family self-deports
Fearing increased immigration enforcement, undocumented immigrant Julio Mendoza and his American wife, Sasha, made the difficult decision to self-deport to Mexico with their three children, all of whom are US Citizens. CNN's Priscilla Alvarez reports.
01:35 - Source: CNN
How Trump's image is changing inside Russia
Once hailed as a pro-Kremlin figure, President Donald Trump's image is changing inside Russia. It comes after Trump vowed further sanctions on the country if a peace agreement with Ukraine is not reached in 50 days. CNN's Chief Global Affairs Correspondent is on the ground in Moscow with the analysis.
01:41 - Source: CNN
Rep. Jasmine Crockett responds to Trump saying she should take IQ test
CNN's Laura Coates speaks with Rep. Jasmine Crockett (D-TX) about President Donald Trump's comments that she and Rep. Alexandria Ocasio-Cortez should take an IQ test.
01:05 - Source: CNN
Trump says interest in Epstein files is 'pretty boring stuff'
President Donald Trump said he doesn't understand his supporters' continued interest in the Epstein files, calling it "boring," while also reiterating his call for anything 'credible' to be released.
00:56 - Source: CNN
Trump's fight with MAGA base over Epstein explained
President Trump is at odds with some of his own supporters over after his Attorney General Pam Bondi declined to release more documents from the Jeffrey Epstein case. CNN's Erin Burnett explains the feud inside Trump's MAGA movement.
02:20 - Source: CNN
Supreme Court ruling will allow mass firings of Education Department employees
The Supreme Court on Monday said President Donald Trump may proceed with his plan to carry out mass layoffs at the Department of Education in the latest win for the White House at the conservative high court. CNN's Sunlen Serfaty reports.
01:34 - Source: CNN
Trump demands Russia reach peace deal within 50 days
President Donald Trump made several announcements on Monday aligning him more firmly with Ukraine's defense against Russia's invasion than ever before. CNN's Nick Paton Walsh breaks down the two main developments that could drastically impact the ongoing war.
01:34 - Source: CNN
MTG warns of 'big' blowback in MAGA world over handling of Epstein case
CNN's Manu Raju spoke with Rep. Marjorie Taylor Greene (R-GA) who is demanding "transparency" from President Donald Trump's administration when it comes to information related to accused sex trafficker Jeffrey Epstein and warned that the issue could stoke "significant" blowback from the right wing of the party.
01:04 - Source: CNN
MAGA faithful weigh in on Epstein files debate
At a conservative conference in Florida, Trump supporters share their views on the Epstein files fallout with CNN's Donie O'Sullivan.
01:40 - Source: CNN
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 minutes ago
- Yahoo
Trump's big bill offers $6K tax break for seniors — but not everyone gets a cut. Here's how much you may save
Donald Trump's big sweeping spending bill included a sweetener for many seniors across America. Starting this year, individuals over the age of 65 can claim $6,000 as a tax deduction in their next filing, according to the Internal Revenue Service. Those who file joint returns can claim this amount individually, which means a married couple could get deductions up to $12,000. Although this isn't the elimination of all income taxes on Social Security that he promised while campaigning, this new subsidy could still be a helpful financial boost for those who qualify. However, the real impact of this new deduction depends on your income bracket. Here's a closer look at how much you could save at different levels of income. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Low income Low-income seniors might not notice this new deduction because they already benefit from a standard deduction that reduces or eliminates the income taxes they owe. As of 2025, the standard deduction for someone over the age of 65 is up to $18,500 individually and up to $32,300 for joint filers. This category includes a significant number of American seniors. According to the KFF, one in three adults over the age of 65 had an income below $28,080 in 2022. Middle income Households with relatively modest incomes could see the most benefit from this new deduction. Because the deduction starts to phase out for single filers earning over $75,000 and married couples making over $150,000 — with full disqualification at incomes above $175,000 for individuals and $250,000 for couples — the Urban-Brookings Tax Policy Center projects that middle- and upper-middle-income households stand to gain the most. Read more: Americans are 'revenge saving' to survive — but millions only get a measly 1% on their savings. Seniors with incomes between approximately $80,000 and $130,000 are expected to benefit the most from this provision, which would cut their taxes by an average of $1,100, or around 1% of their after-tax income, according to their calculations. High income With a full phase out of the deduction at individual incomes above $175,000 and joint incomes above $250,000, high income tax payers won't benefit from this new incentive at all. Caveats Given all the rules and limitations, this new tax rule could best be described as helpful but limited. Based on the income limits, the Urban-Brookings Tax Policy Center estimates that less than half of all seniors could see a tax reduction because of this new deduction. The rule is also time-limited and applies only to federal income taxes between 2025 and 2028. Altogether, the new deduction offers a modest cut to a highly specific group of seniors for a relatively short period of time. However, it does have a long-term impact on other government programs that many seniors rely on: Social Security and Medicare. The Committee for a Responsible Federal Budget (CRFB) projects that the new set of tax policies implemented by the One Big Beautiful Bill Act (OBBBA) will hasten the insolvency of both the Social Security and Medicare trust funds, moving their depletion date up from 2033 to 2032 — a full year sooner than earlier forecasts. What to read next Robert Kiyosaki warns of 'massive unemployment' in the US due to the 'biggest change' in history — and says this 1 group of 'smart' Americans will get hit extra hard. Are you one of them? How much cash do you plan to keep on hand after you retire? Here are 3 of the biggest reasons you'll need a substantial stash of savings in retirement Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
16 minutes ago
- Yahoo
US automakers exempted from fines for fuel efficiency non-compliance
US regulators have waived fines for automakers failing to meet fuel efficiency standards dating back to the 2022 model year, following a new law signed by President Donald Trump. This move, part of a tax and budget bill, puts an end to fines under the Corporate Average Fuel Economy (CAFE) rules established by a 1975 energy law. In a letter obtained by Reuters, the National Highway Traffic Safety Administration (NHTSA) has informed automakers that it is re-evaluating its fuel economy regulations. The move aligns with other measures from Washington aimed at easing the production of gasoline vehicles and increasing the cost of electric vehicle (EV) sales. In the past, non-compliance with US fuel economy requirements has led to significant penalties for automakers. Stellantis, the parent company of Chrysler, incurred a $190.7m civil penalty for the 2019 and 2020 model years, adding to around $400m in fines from 2016 to 2019. Previously, General Motors (GM) paid $128.2m for 2016 and 2017. President Trump's recent actions also include nullifying California's goal to phase out gasoline-only vehicle sales by 2035. Meanwhile, Tesla has benefited from the situation, earning $2.8bn globally from regulatory credits through the sale of zero-emission EVs. The legislation signed this month by Trump states that vehicle fines will be eliminated for any year where NHTSA has not completed its rulemaking process. Center for Biological Diversity's Safe Climate Transport Campaign director Dan Becker expressed disapproval of the decision, stating: "The Trump administration is reaching back in time to give an obscene gift to pollution law violators GM and Stellantis at the expense of the American taxpayer. 'The automakers lobbied hard for this 'get out of jail free' card. They get hundreds of millions in fines cancelled." GM and Stellantis have yet to respond to the development. Senate Republicans estimates that the law could 'save automakers' around $200m. The NHTSA under President Joe Biden proposed in 2023 to increase fuel economy standards through 2032, which would have cost the industry an estimated $14bn in fines, including $6.5bn, $3bn, and $1bn for GM, Stellantis, and Ford Motor, respectively. However, the final rule adopted last year significantly reduced these requirements, capping potential industry fines at $1.83bn from 2027 through 2031. "US automakers exempted from fines for fuel efficiency non-compliance" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
16 minutes ago
- Yahoo
Japan's Ishiba Tries to Buy Time After Historic Election Setback
(Bloomberg) -- Japanese Prime Minister Shigeru Ishiba sought to buy time in office following a second election setback in less than a year. But whether he stays days, weeks or even months, Sunday's vote made clear that his Liberal Democratic Party needs an overhaul to stay relevant. Why the Federal Reserve's Building Renovation Costs $2.5 Billion Milan Corruption Probe Casts Shadow Over Property Boom How San Jose's Mayor Is Working to Build an AI Capital Ishiba on Monday vowed to remain in his job even though his LDP-led coalition finished Sunday running a government without a majority in both chambers of parliament for the first time since the party's founding seven decades ago. While it has ruled Japan for most of that period, younger voters are increasingly turning toward populist smaller parties as rising prices fuel discontent. 'The LDP is a fatigued party and it has a brand problem,' said David Boling, director at the Eurasia Group covering Japan and Asia Trade, former negotiator at the USTR. 'To be blunt I think many Japanese and many Japanese voters see it as a party of old men who are out of touch.' Although the outcome on Sunday wasn't as bad as some of the early exit polls suggested, Ishiba still failed to clear the low bar he set of retaining a majority in the upper house. That leaves him at risk of becoming yet another footnote in the revolving door of Japanese prime ministers that only managed to last for a year or so. For now, Ishiba can lean into the fact that he needs to stay on to negotiate a trade deal with the US to help Japan avoid a steep increase in tariffs from Donald Trump's administration. He cited those talks and other pressing issues at his briefing on Monday. 'I plan to put all of my efforts into finding a solution to the urgent issues we face, including the US tariffs, inflation, natural disasters, and the most complex and severe security environment since the war,' Ishiba said. Still, it looks like his days are numbered — even if he has no obvious successor right now. 'We'll see in the next day or two if the dissenters are able to gather enough people to push him out, but this can't go on,' said Tobias Harris, founder of Japan Foresight, adding that none of the opposition parties want to join a coalition with him. 'It all looks like you've got a political crisis.' Harris cited four key points a replacement would need for success: bringing back right-wing voters, appealing to a younger demographic, matching Trump at the negotiation table and rebuilding a governing coalition that can win at the ballot box. Few of the familiar names in the LDP check all four boxes, he said. The timing of any move may depend on the success of the trade talks. Ishiba said he wanted to speak with Trump and obtain tangible results in the negotiations soon. His long-time right-hand man Ryosei Akazawa is already on his way to Washington for an eighth attempt to gain traction with his counterparts in the US. Among the key sticking points is the sectoral tariff on cars and auto parts that is sending profit hit shockwaves through Japan's auto sector. Within the LDP there is already unhappiness about Ishiba's relatively neutral response to Trump's abrupt letter stipulating higher across-the-board duties of 25% from the beginning of August. 'If Ishiba has no concrete results by then the voices calling for his resignation will likely get louder,' said Katsuyuki Yakushiji, professor emeritus at Toyo University and writer of multiple books on Japanese politics. He indicated that August would likely be the make-or-break month for the prime minister. The last three LDP prime ministers who lost an upper house majority stepped down within two months, including Shinzo Abe in 2007 during his first stint as premier. Abe's departure then, may provide a rough time frame for Ishiba now. Abe lost the majority in July, tried a cabinet reshuffle in August to regain momentum then stepped down in September. That month is a common post-summer timing for the LDP to appoint and try to rally around a new leader. At the time, Ishiba was one of the LDP's fiercest voices calling on Abe to resign unless he could justify a reason for staying on. Ishiba was reminded of this comment on Monday and said he clearly remembered asking Abe to explain himself to the public as well as the party. Fast forward 18 years and it's Ishiba taking the heat. The same names in the news, a generation later. The opposition gains in the election show voters are wanting something different. Ishiba is the leader the LDP chose, but he's not the choice of most members of the public. And they seek a sales tax cut to ease the pain of inflation they never asked for either. While the Constitutional Democratic Party came second as the biggest opposition party offering to address the tax issue, many younger voters opted for the Democratic Party for the People's and its pledge of more take-home pay for working age people. Harder conservatives drifted to Sanseito and its 'Japanese First' message, though support remained highly localized around areas with high concentrations of foreigners or as a kind of protest vote in the proportional representation segment of the election. Former Prime Minister Fumio Kishida is among the LDP members who might check a couple of the check boxes cited by Harris, while Sanae Takaichi, the policy hawk who lost out to Ishiba in last year's party shootout, might seem an obvious choice to win back right-wingers. But both would give the impression of looking at the rear-view mirror. Takaichi would likely more look like Abenomics II, than a move forward. Instead the party should look at younger guns such as conservative former Economic Security Minister Takayuki Kobayashi or Shinjiro Koizumi, the 'rice minister' whose quick action has helped cool prices of the nation's staple, according to Eurasia's Boling. In Koizumi's case, he also inherits some reformist cache from his father Junichiro, a party maverick who helped re-brand the party a quarter century ago, something the party needs to do again now. 'I think that brand needs to be a face of a younger LDP member. Is that Kobayashi? Is that Koizumi?' said Boling. 'I think it's probably more Koizumi than Kobayashi.' --With assistance from Yuko Takeo. (Adds analyst comments.) A Rebel Army Is Building a Rare-Earth Empire on China's Border Elon Musk's Empire Is Creaking Under the Strain of Elon Musk Thailand's Changing Cannabis Rules Leave Farmers in a Tough Spot How Starbucks' CEO Plans to Tame the Rush-Hour Free-for-All What the Tough Job Market for New College Grads Says About the Economy ©2025 Bloomberg L.P.
