'Jen's version' of answers to White House briefing questions
Jan Psaki takes a turn answers questions posed in today's White House briefing, including how Donald Trump feels about Elon Musk calling the Republican budget bill a "disgusting abomination."
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Politico
7 minutes ago
- Politico
Graham wants to punish Russia with ‘bone-crushing' sanctions. It could backfire.
Sen. Lindsey Graham has pledged that his expansive sanctions bill would be 'bone crushing' for the Russian economy. But if enacted, the South Carolina Republican's proposal to impose 500 percent tariffs on any country that buys Russian energy would effectively cut the U.S. off from some of the world's largest economies — including allies in Europe. 'A 500 percent tariff is essentially a hard decoupling,' said Kevin Book, managing director of Clear View Energy Partners, an energy research firm. Graham appeared to acknowledge as much on Wednesday, when he proposed a broad carve-out for countries that provide aid to Ukraine. This exemption would spare the European Union, which continues to import almost 20 percent of its gas from Russia. But experts remain skeptical that the sky-high tariffs proposed in the Sanctioning Russia Act are in any way feasible. India and China buy roughly 70 percent of Russian energy exports, but several other countries that buy any oil, gas or uranium from Moscow — and aren't included in the carve-out — could also be exposed to tariffs under the bill. The United States, which is still reliant on imports of enriched uranium from Russia to fuel its nuclear reactors, could also run afoul of the bill. Edward Fishman, a senior researcher with the Center on Global Energy Policy at Columbia University, said countries in the crosshairs of the bill would struggle to halt their imports of Russian energy overnight. Tariffs of 500 percent on imports of goods made in China would send prices soaring, disrupt supply chains and could drive up U.S. unemployment to recessionary levels. Most likely, it would lead to a screeching halt in U.S. trade with China. 'It would hurt Americans quite a bit,' Fishman said. The legislation's goal, co-sponsored by Sen. Richard Blumenthal (D-Conn.), is to starve Russia's war economy, which continues to earn hundreds of billions of dollars from energy exports. There is widespread support for the overall objective, with 82 senators signing on to Graham's bill so far, and growing support for a companion bill in the House. The bill is likely to change significantly as it moves through Congress and in consultations with the Trump administration, said Matt Zweig, senior policy director of FDD Action, a nonprofit advocacy organization affiliated with the Foundation for Defense of Democracies. It may also take a long time. 'With sanctions legislation, you're also normally dealing with iterative processes where you would want to go through every nook and cranny,' Zweig said. Still, the widespread bipartisan support for the legislation suggests there is a high degree of support among lawmakers for tougher action on Russia. 'What Congress may be doing is pressuring the executive branch to act,' said Adam Smith, a partner at the law firm Gibson Dunn. 'There is a sense in the Senate that more sanctions on Russia need to be imposed, or ought to be imposed,' added Smith, who was a senior adviser to the Treasury's Office of Foreign Assets Control during the Obama administration. Graham, the bill's most vocal Republican advocate, said as much in a meeting with reporters in Paris over the weekend, where he described the bill as 'one of the most draconian sanctions bills ever written.' 'The Senate is pissed that Russia is playing a game at our expense and the world's expense. And we are willing to do something we haven't been willing to do before — and that is go after people that have been helping Putin,' Graham said. Sen. Jeanne Shaheen of New Hampshire, the top Democrat on the Senate Foreign Relations Committee, dismissed concerns that the bill is too harsh. 'We need to make Putin understand he has to stop screwing around and come to the table. But we also need to follow it up and make clear we will be tough,' she said. Not everyone agrees. Sen. Rand Paul (R-Ky.), who has long been skeptical about the effectiveness of sanctions to change the behavior of U.S. adversaries, bashed the bill on Monday as 'literally the most ill-conceived bill I've ever seen in Washington,' he said. 'It would be a worldwide embargo on 36 countries.' Meanwhile, Russia and Ukraine have made little progress on peace talks. Officials from both countries met in Istanbul on Monday and agreed to a further prisoner swap, but failed to achieve any major breakthroughs. Graham and Blumenthal visited Ukraine, France and Germany during last week's congressional recess, where they discussed the sanctions bill, as well as efforts to push Russia to the negotiating table. The proposal has been welcomed by European Commission President Ursula Von der Leyen, who met with Graham in Berlin on Monday. 'Pressure works, as the Kremlin understands nothing else,' Von der Leyen said in a statement. 'These steps, taken together with U.S. measures, would sharply increase the joint impact of our sanctions.' Senate Majority Leader John Thune indicated Monday that the chamber could take up the legislation later this month. Republican senators have said they would like to secure the approval of the White House before moving forward. The proposed use of blanket tariffs to target countries that continue to do business with Russia's energy sector is novel and appears to be pitched to Trump's interests. On Tuesday, White House press secretary Karoline Leavitt said Trump viewed sanctions as 'a tool in his toolbox,' but declined to comment about his position on the bill. Trump appeared to be inching closer toward supporting the bill in a post on Truth Social on Wednesday, which linked to an op-ed in The Washington Post supporting the legislation. Speaking in the Oval Office on Thursday, Trump indicated he wanted lawmakers to secure his approval before moving forward with the bill. 'They're waiting for me to decide on what to do,' he said, describing the legislation as a 'harsh bill.' The president has liberally wielded tariffs to advance his foreign policy agenda, but his implementation has been spotty. Wall Street has even adopted a trading strategy referencing Trump's capriciousness called TACO, which stands for 'Trump Always Chickens Out.' Tariffs of 145 percent on China, imposed in April, lasted a month before being dramatically scaled back to make way for trade talks, which have so far failed to secure a breakthrough. As it stands, the bill includes some levers that Trump could pull to forestall the tariffs, requiring the president to make a formal determination that Russia is refusing to negotiate or has violated any future peace agreement. Nahal Toosi, Joshua Berlinger, Phelim Kine and Katherine Tully-McManus contributed to this report.
Hamilton Spectator
25 minutes ago
- Hamilton Spectator
A top Taliban official offers amnesty to Afghans who fled the country and urges them to return
A top Taliban official said on Saturday that all Afghans who fled the country after the collapse of the former Western-backed government are free to return home, promising they would not be harmed if they come back. Taliban Prime Minister Mohammad Hassan Akhund made the amnesty offer in his message for the Islamic holiday of Eid al-Adha , also known as the 'Feast of Sacrifice.' The offer comes days after U.S. President Donald Trump announced a sweeping travel ban on 12 countries, including Afghanistan . The measure largely bars Afghans hoping to resettle in the United States permanently as well as those hoping to go to the U.S. temporarily, such as for university study. Trump also suspended a core refugee program in January, all but ending support for Afghans who had allied with the U.S. and leaving tens of thousands of them stranded. Afghans in neighboring Pakistan who are awaiting resettlement are also dealing with a deportation drive by the Islamabad government to get them out of the country. Almost a million have left Pakistan since October 2023 to avoid arrest and expulsion. Akhund's holiday message was posted on the social platform X. 'Afghans who have left the country should return to their homeland,' he said. 'Nobody will harm them.' 'Come back to your ancestral land and live in an atmosphere of peace,' he added, and instructed officials to properly manage services for returning refugees and to ensure they were given shelter and support. He also used the occasion to criticize the media for making what he said were 'false judgements' about Afghanistan's Taliban rulers and their policies. 'We must not allow the torch of the Islamic system to be extinguished,' he said. 'The media should avoid false judgments and should not minimize the accomplishments of the system. While challenges exist, we must remain vigilant.' The Taliban swept into the capital Kabul and seized most of Afghanistan in a blitz in mid-August 2021 as the U.S. and NATO forces were in the last weeks of their pullout from the country after 20 years of war. The offensive prompted a mass exodus , with tens of thousands of Afghans thronging the airport in chaotic scenes, hoping for a flight out on the U.S. military airlift. People also fled across the border, to neighboring Iran and Pakistan. Among those escaping the new Taliban rulers were also former government officials, journalists, activists, those who had helped the U.S. during its campaign against the Taliban. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
CNET
27 minutes ago
- CNET
SAVE Student Loan Update: Don't Expect to Make Payments This Year, but Do This One Thing ASAP
Pla2na/Getty Images/CNET There's been a lot of student loan chatter, but little clarity for borrowers enrolled in the Saving on a Valuable Education repayment plan. We've witnessed several updates to student loan programs this year, from proposed changes to Public Service Loan Forgiveness eligibility to the ramping up of collections efforts on defaulted student loan accounts to a new Republican-fronted bill seeking to change existing income-driven repayment plan options. But the official rejection of SAVE may have the biggest impact for the 8 million borrowers who qualified for lower monthly payments. Now that we know SAVE is officially out, what's next? Should you switch to another income-driven repayment plan? Or wait it out? I talked to experts to find out when payments are expected to restart and what you should do during this downtime. Read more: How Much Could Student Loan Payments Skyrocket for SAVE Borrowers? We Did the Math When will payments restart for student loan borrowers in SAVE? It's not clear when payments will start again for borrowers on the SAVE plan but it's looking like the end of this year would be the earliest timeframe. The Department of Education's website says SAVE plan borrowers will stay in a general forbearance until at least the fall. It also directed loan servicers to adjust the income recertification deadline to no earlier than Feb. 1, 2026. Robert Farrington, student loan expert and founder of The College Investor, expects the general forbearance to last even longer. "Borrowers will likely see the SAVE forbearance end in mid-to-late 2026," says Farrington. "Many borrowers are already reporting the end date of their forbearance moving to September 2026." Currently, loan payments for any borrower in SAVE remain on hold in a general forbearance and your balance isn't accruing interest. If you're enrolled in a loan forgiveness program like PSLF, each paused month will not count towards your forgiveness during the pause. While you can choose to switch to an alternative repayment plan, most experts suggest sticking with SAVE, and doing this one thing ahead of payments resuming. Should PSLF borrowers in SAVE switch to another payment plan? If you're a teacher, nurse or other public servant pursuing PSLF, you may be worried that the payment pause is not counting toward your 120-payment requirement. That leaves you with three options. First, you could switch from SAVE to another income-driven repayment plan (ICR, IBR or PAYE). That way, your payments will count toward PSLF's 120-payment requirement. Alternatively, if you would have hit 120 months of on-time payments if not for the pause, you can apply for the PSLF Buyback program to get credit for your time in forbearance. "This program [allows borrowers] to make a lump-sum payment for any months spent in administrative forbearance under SAVE, ensuring those months count towards PSLF," explains Megan Walter, NASFAA senior policy analyst. The downside of these first two options is that borrowers have been reporting processing delays. So don't expect a fast response. Last, if you've recently enrolled in PSLF or are not close to receiving forgiveness, you might prefer to wait until you're moved into a new payment plan. Yes, your months in forbearance won't count toward your 120-payment goal, but this could give you time to start saving for a potentially higher student loan payment. Whether you decide to change plans now or wait, make sure your decisions align with your financial goals. With SAVE no longer an option, it's important to understand all your avenues for paying back your student loans. What should SAVE borrowers do right now? That doesn't mean you should sit back and do nothing, though. Take this time to prepare for the likelihood that your payments will increase in the future. You can use the Federal Student Aid's Loan Simulator tool to help calculate how much your monthly payment will be under different payment plans. While your payments are paused, you won't have to worry about your account being moved to collections. Although borrowers with defaulted loans are once again subject to collections, including wage garnishment, those enrolled in the SAVE plan don't have to worry about those consequences for now. Use this time to improve your finances, suggested Farrington. "This is a great time to pay off other debts (including private loans), build an emergency fund, contribute to an IRA and more." If you have the wiggle room in your budget, start paying yourself each month the same amount you'd pay your student loan servicer. Put this money into a high-yield savings account to earn a little extra interest on your savings.
