Latest news with #VicePresidentVance
Yahoo
5 days ago
- Politics
- Yahoo
Sanders shrugs off Vance as possible MAGA successor: ‘Doesn't matter to me who heads the Republican Party'
Sen. Bernie Sanders (I-Vt.) on Sunday shrugged off the idea of Vice President Vance being the likely Republican front-runner for the 2028 presidential election. 'Neither Trump, nor he nor the Republicans of today have anything of significance to say to working-class people,' he said on CNN's 'State of the Union' with Dana Bash. 'Doesn't matter to me who heads the Republican Party,' he added. President Trump said on Tuesday that Vance would be the 'most likely' successor of the Make America Great Again (MAGA) movement in 2028. 'So it's too early to talk about it, but certainly he's doing a great job, and he would be probably favored at this point,' Trump said. Bash reminded Sanders that Vance is from a working-class family in Ohio and could appeal to many voters in red states, but Sanders shrugged off the idea that the vice president could be a threat to Democrats in 2028. 'What they are trying to do is divide us up, 'You're a Muslim, you're undocumented, you're Black, you're gay, let's divide everybody up so the rich can become richer.' Our job is to bring people together. Doesn't matter to me who heads the Republican Party,' he continued. Trump also said Tuesday that he would 'probably not' try to run for a third term and touted the idea that Secretary of State Marco Rubio could run alongside Vance as vice president in 2028. In February, Vance was already seen as a favorite successor to Trump in a Conservative Political Action Conference poll. Sixty-one percent of respondents said they would support Vance as the future head of the Republican Party. Other Republican politicos and media personalities have been rumored to be thinking about campaigning in 2028, including Rubio, right-wing influencer Steve Bannon and Florida Gov. Ron DeSantis. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
6 days ago
- Business
- Yahoo
Vance: ‘We're done with the funding of the Ukraine war business'
Vice President Vance on Sunday said he wants peace and to stop funding the Ukraine war, ahead of a Friday meeting in Alaska between President Trump and Russian President Vladimir Putin to discuss a ceasefire deal. 'We're done with the funding of the Ukraine war business. We want to bring about a peaceful settlement to this thing,' Vance told Fox News's Maria Bartiromo on 'Sunday Morning Futures.' In Alaska, the Trump administration hopes for a breakthrough in peace negotiations with Moscow and a discussion around territorial acquisitions. Earlier this week, the Kremlin shared a ceasefire deal with the Trump administration, asking for control of Eastern Ukraine in exchange for a halt in hostilities. Ukrainian President Volodymyr Zelensky adamantly opposed the deal, stating on the social platform X, 'Ukraine is ready for real decisions that can bring peace. Any decisions that are against us, any decisions that are without Ukraine, are at the same time decisions against peace.' Zelensky was not invited to the summit, but the White House and U.S. Ambassador to NATO Matthew Whitaker have said that it's a possibility and Trump is open to a trilateral summit. This uneven deal led to an intense response from European leaders, who said they would support Trump's effort diplomatically and through economic and military means but that a resolution 'must protect Ukraine's and Europe's vital security interests.' Trump vowed to end the conflict in 24 hours during his presidential campaign, but negotiations have proven harder than anticipated, and the three-year-long conflict is costly for both America and Europe. 'Americans, I think, are sick of continuing to send their money, their tax dollars of this particular conflict but if the Europeans want to step up and actually buy the weapons from American producers we're OK with that, but we're not going to fund it ourselves anymore,' Vance continued. This is not the first time the vice president has asked European leaders to take on a bigger role. However, in June, Trump secured a historic deal for NATO allies to spend 5 percent of their gross domestic product on defense. In July, the president made another deal with NATO for the U.S. to send lethal weapons to Ukraine that were purchased by other NATO countries. These two steps significantly grew Europe's economic involvement in the Russia-Ukraine war. Vance went to England on Saturday to discuss Trump's efforts towards peace. 'What we said to Europeans is simply, first of all, this is in your neck of the woods, this is in your backdoor, you guys have got to step up and take a bigger role in this thing, and if you care so much about this conflict you should be willing to play a more direct and a more substantial way in funding this war yourself,' Vance said on Fox News. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
05-08-2025
- Entertainment
- Yahoo
Trump on Sydney Sweeney controversy: If she's Republican, ‘I think her ad is fantastic'
President Trump on Sunday weighed in on actor Sydney Sweeney and her recent controversial ad campaign with American Eagle. 'You'd be surprised at how many people are Republicans,' the president said after a reporter stated that the 'White Lotus' and 'Euphoria' star is a registered Republican. 'That's what I wouldn't have known, but I'm glad you told me that. If Sydney Sweeney is a registered Republican, I think her ad is fantastic,' the president said while en route back to Washington on Sunday evening from Bedminster, N.J. BuzzFeed reported over the weekend that Sweeney has been registered to the Republican Party of Florida since June 2024. The ad featuring Sweeney has caused backlash online, with social media users criticizing what they claim are racist undertones surrounding the campaign's message that Sweeney 'has great jeans,' a riff on the idea of 'good genes.' 'Genes are passed down from parents to offspring, often determining traits like hair color, personality, and even eye color,' Sweeney says in one video. 'My jeans are blue.' Vice President Vance mocked critics of the ad in a recent interview, blaming Democrats for those who argue the commercial backs eugenics. 'So you have a pretty girl doing a jeans ad and they can't help but freak out. It reveals a lot more about them than it does us. No question,' Vance said on the 'Ruthless Podcast.' White House communications director Steven Cheung pointed to the backlash as an example of 'cancel culture run amok.' The Hill has reached out to a contact for Sweeney for comment. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
12-07-2025
- Politics
- Yahoo
'Racist, xenophobic': Alicia slams JD Vance's narrow definition of ‘American'
Vice President Vance spoke at the Claremont Institute, a right-wing think tank, where he seemed to call for a vision of citizenship where people whose ancestors have been here longer have more of a claim to being American.
Forbes
01-07-2025
- Business
- Forbes
Senate Passes One Big Beautiful Bill Including Pass Through Entity Relief
The Senate passed their amended version of the One Big Beautiful Bill today, in a vote of 50-50 with Vice President Vance casting the tie-breaking vote. Republican Senators Rand Paul, Susan Collins, and Thom Tills voted no. The bill must now be passed by the House of Representatives, where only three Republican votes can be lost. WASHINGTON, DC - JULY 1: (EDITOR'S NOTE: Alternative Crop) Senate Majority Leader John Thune (R-SD) ... More (C), accompanied by Sen. John Barrasso (R-WY) (L) and Sen. Mike Crapo (R-ID) (R), speaks to reporters off the Senate floor after the Senate passes President Donald Trump's so-called "One, Big, Beautiful Bill," Act at the U.S. Capitol Building on July 1, 2025 in Washington, DC. U.S. Vice President J.D. Vance was the tie-breaking vote as President Donald Trump's so-called "One, Big, Beautiful Bill," Act passes in the Senate. (Photo by) House leadership has indicated that they will vote on the bill tomorrow. If the House passes the Senate version, it will go to the President for his signature. If the House makes any changes to the bill, it will have to go back to the Senate for approval. While both the House and Senate bills proposed language that was extremely harmful to the pass-through entity community, the final Senate bill passed made significant modifications that will encourage continued investments via pass through entities. Pass Through Entity Tax (PTET) Payments: While both the House and the original Senate bill limited PTET deductions, no such language was included in the final bill passed by the Senate. In the original bill, the Senate has limited PTET payments to the greater of $40,000 or 50% of the PTET payment made. The removal of the language in the final Senate bill is a welcome relief, confirming that entity type should not dictate whether state and local taxes are deductible. The Senate bill, similar to the House bill, increases the individual state and local tax (SALT) cap from $10,000 to $40,000 staring in 2025. However, the SALT cap would be reduced for taxpayers with modified AGI over $500,000, but the overall SALT deduction cannot go below $10,000 ($5,000 for MFS). If a married filing joint taxpayers modified AGI exceeds $600,000, the SALT cap would be $10,000. Under the Senate bill passed, PTET deductions do not fall under the SALT cap, and would be fully deductible. Excess Business Loss (EBL) Provision: Both the House and the original Senate bill required that any EBL limitations be carried forward to the following year, and again included in the excess business loss limitation calculation. This is different from the current law, that allows for any excess business loss to be considered a net operating loss, and carried forward for use in future years. The original proposals essentially limited individual taxpayers and only allowed EBL carryforwards to be utilized on trade or business income. The bill passed by the Senate makes the EBL provisions permanent, but does not require the EBL to be carried forward in the EBL calculation for the following year. Instead, the bill would allow for the current law to remain and an EBL to be characterized as a net operating loss. The net operating losses can offset future year up to 80% of total taxable income in future years. Section 199A: The final Senate bill makes permanent the 199A deduction, and provides for a 20% deduction for taxable years beginning after December 31, 2025. The House bill provided for an increase in the 199A deduction to 23%. The 199A deduction is eventually phased out for specified service trades or businesses (SSTBs) when an owner's taxable income exceeds a certain threshold amount. Trades or businesses that are subject to this phase-out include businesses involving the performance of services in the fields of health, law, accounting, actuarial science, performing arts, consulting, athletics or financial services. Current law starts to phase-out a SSTB's 199A deduction when taxable income exceeds $100,000 for married filing joint taxpayers ($50,000 for all others). The Senate bill would increase the threshold amount to $150,000 for married filing joint taxpayers ($75,000 for all others). In addition, the Senate bill provides for a $400 minimum 199A deduction if a taxpayer materially participates in a qualified trade or business and has income of at least $1,000. The Senate bill would enact these changes for taxable year beginning after December 31, 2025.
