Latest news with #CBO
Leader Live
2 hours ago
- Leader Live
Chester man found at Connah's Quay home in breach of CBO
Lee Kutryk, of Parkgate Road in Chester, was produced in custody at Wrexham Magistrates Court on Monday. The 30-year-old admitted breaching a criminal behaviour order (CBO) by attending High Street in Connah's Quay on Saturday (July 12). Prosecutor James Ashton told the court that the CBO was imposed in September 2019 and subsequently amended and extended last year to run until September 2027. It imposes a number of conditions upon the defendant, chiefly for the purposes of Monday's court hearing prohibiting Kutryk form entering Connah's Quay. On the day of the offence, police received a report that Kutryk had been seen in the area. Officers attended an address following information received and were told to "f*** off" by the occupant. But after gaining entry to the property, a search was carried out and ultimately, Kutryk was found under a pile of washing in the kitchen. He was arrested and taken to custody in Llay. Mr Ashton told the court Kutryk had breached the CBO seven times previously. Gary Harvey, defending, told the court his client's latest offending came shortly after he was released from custody on his last sentence. Following release, Mr Harvey said, he was placed in his temporary accommodation in Chester but didn't have his medication. Lee Kutryk (NWP) (Image: North Wales Police) "He had seizures," he explained. "And he had one on the morning of this incident. "Staff [at the accommodation] discussed an ambulance, but he went to his partner's address in Connah's Quay; he felt safer there and felt he'd be looked after better. "Someone told the police, who went there. "He was very compliant with officers and told them: "I know I shouldn't be here." Mr Harvey conceded his client's behaviour had constituted a deliberate breach of the CBO. MORE COURT NEWS Kutryk himself them interjected, telling the court: "I'm institutionalised. I want to go back to prison." The Magistrates agreed the breach had been "persistent" in nature and jailed the defendant for 18 months. Kutryk was ordered to pay £85 costs and a £154 victim surcharge.
Axios
21 hours ago
- Business
- Axios
Floridians face SNAP cuts under Trump's new law
Around 102,000 Floridians are at risk of losing at least some food assistance due to President Trump's newly signed megabill, per estimates from the left-leaning Center on Policy and Budget Priorities. Why it matters: It's a historic cut to the social safety net, which Republicans claim will weed out waste, fraud and abuse. But experts warn the move could leave more people hungry and uninsured. The big picture: The Supplemental Nutrition Assistance Program (SNAP), often called food stamps, helps low-income families, seniors and people with disabilities buy groceries. Driving the news: The law raises the age range for SNAP work requirements from 18–54 to 18–64 and includes new conditions for parents of children 14 and older. It also ties part of SNAP funding to states' payment error rates, shifting some benefit costs to states with higher error rates. The Congressional Budget Office (CBO) estimates the bill would cut nutrition funding by about $186 billion through 2034. By the numbers: As of March 2025, more than 2.9 million Floridians were enrolled in SNAP, according to federal data. Zoom in: CBPP points to a CBO indication that more than 2 million people would be cut from SNAP under the work requirement provision.
Newsweek
2 days ago
- Business
- Newsweek
Biden's Legacy: What Remains After Trump Dismantled Build Back Better?
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Presidents are often remembered for the policies they champion and the battles they fight—both militarily abroad and culturally at home. Yet, as the Oval Office swings from party to party, the core pieces of one administration's legacy often become the first targets of the next, dismantled or remade in favor of a new mandate. Former President Joe Biden's time in office was a rare chapter in modern American politics, serving one term sandwiched between two led by President Donald Trump. Republican strategist John Feehery, partner at EFB Advocacy, described Biden to Newsweek as a "transitional figure" between two Trump presidencies. Where some presidents build and refine what came before, others work to tear down and reassemble the frameworks of their predecessors, often reshaping the nation's priorities in the process. The passage of Trump's sweeping domestic policy package, the One Big Beautiful Bill Act (OBBB), incorporates numerous provisions that undo Biden's Build Back Better Act agenda and presidential platform. As Trump's vision takes shape, Newsweek spoke with several politicos and professors about what this means for Biden's legacy and how it may impact the policy landscape both leaders have fought to define. Newsweek on Friday filled out an online contact form in seeking comment from Biden. Photo-illustration by Newsweek/Getty/Canva Biden's Build Back Better Act Legacy Biden, who pledged to "rebuild the backbone of the country," which he identified as the middle class, crafted a centerpiece bill focused on social spending and climate programs, which totaled around $1.75 trillion. The Democrat-led House passed the bill in 2021, but it was not voted upon in the Senate. However, portions of it were enacted piecemeal through other individual legislations and were a part of his larger political platform. At the time, the Congressional Budget Office (CBO) projected the Build Back Better Act would increase the deficit by $367 billion over a decade. However, based on the CBO data, the passage of the legislation would create an increase in tax revenue of $127 billion. The majority of the new revenue was due to taxes on the extremely wealthy due to tightening IRS restrictions. The bill allocated $555 billion toward clean energy and green initiatives, including funding wind and solar energy projects, as well as providing electric vehicle tax credits, among others. Fiscally, the bill aimed to provide 39 million households tax cuts up to $3,600 by expanding the Child Tax Credit. It also dedicated $400 billion to addressing child care costs and prekindergarten. The bill pushed to expand health care access, reducing premiums and closing the Medicaid Coverage Gap, supporting around 4 million uninsured people to obtain coverage even if living in states that did not expand Medicaid under the Affordable Care Act. Beyond his legislative ambitions, Biden presided over a nation grappling with the aftermath of a pandemic and the eruption of geopolitical crises. COVID-19 continued to shape American life and economic recovery efforts during his initial months as president, while across the world, Russia invaded Ukraine and Israel and Hamas broke out into war. Both mass conflicts have carried into the current administration. Feehery emphasized this, telling Newsweek that Biden "will be seen as presiding over some of the worst public policy positions in our nation's history, namely the Covid nightmare and the Russian invasion of Ukraine." However, George C. Edwards III, professor of political science at Texas A&M, views Biden's legacy through a different lens, telling Newsweek, "When the dust has settled, Joe Biden will be remembered for leading the U.S. out of the Covid-19 epidemic and helping the U.S. economy achieve a soft landing as the envy of the world." Edwards continued, "He also made historic strides in building the infrastructure of the country, advancing environmental protection, fighting climate change, developing renewable energy, and investing in digital technology." Biden's Infrastructure Investment and Jobs Act passed both the House and Senate and was signed into law in November 2021. He also championed the CHIPS and Science Act, which was signed into law in August 2022 and allocates $52.7 billion for semiconductor research, manufacturing and workforce development in the U.S. The act may mark one of the rare instances of Trump actually reinforcing a Biden-era policy, through the president's push to increase domestic manufacturing and levy steep tariffs. Barbara Perry, presidential studies professor at the University of Virginia's Miller Center, told Newsweek: "In the short run, President Biden's legacy seems upended by the OBBB and other reversals by the second Trump administration. In the long lens of history, however, he will be remembered for righting the ship of state, listing badly after January 6, 2021's attack on the Capitol, and saving Americans and the US economy from the ravages of the COVID-19 pandemic." She added that "Unfortunately for the near-term, because of his advanced age and health status, he will not be given the decades that Presidents Carter, Bush I, and Bush II had to boost their approval ratings in active post-presidencies." Trump's One Big Beautiful Bill Impact On Independence Day, Trump signed into law his "big, beautiful bill," likely to be considered the legislative legacy of his second term. The massive spending bill includes several provisions that essentially reverse large portions of Biden's policy initiatives, including massive cuts to Medicaid, elimination of electric vehicle and clean energy tax credits, tax cuts for high-income earners and corporations, and increased border security spending, education policy rollbacks, among others. Medicaid provides health coverage to tens of millions of low-income Americans, with around 71 million currently enrolled in the program. The CBO estimates that more than 10 million Americans could lose their health coverage under the law, and also anticipates the bill to slash the program by about $790 billion over the next decade to help offset roughly $4.5 trillion in tax breaks. "The effects of Trump's bill are so far-reaching that it's not just Biden's legacy that's at stake but FDR's, Truman's, Eisenhower's, JFK's, and, maybe above all, LBJ's," Sean Wilentz, professor of American history at Princeton University, told Newsweek in an email, pointing to the "effective destruction" of federal medical programs. Edwards said that while "Donald Trump is trying to reverse Biden's policies regarding climate change and renewable energy," it will be trying, as "the foundations have been laid." Conversely, Republican strategist Matt Klink told Newsweek that "Donald Trump is effectively erasing many of the Biden administration's most notable and public achievements," through the passage of his sweeping spending bill. He argues the bill has three central premises: "First, it reinforces long-time Republican priorities about the social safety net being there for people when needed, not a permanent government handout." "Second, for Donald Trump's [Make America Great Again] MAGA supporters, it provides funding to deliver on the president's campaign promises such as the border wall, more aggressive immigration enforcement, and a defense build-up." And lastly, according to Klink, "it negatively impacts the Biden-Harris legacy and has thrown national Democrats for a loop." He concluded, "President Biden, previously viewed as a moderate, was either misled or wasn't capable of stopping a radical leftward plunge by national Democrats. The center-right American electorate reacted negatively toward Joe Biden, Kamala Harris, and Congressional Democrats." As Republicans and Democrats gear up for the pivotal 2026 midterms—a referendum on Trump's tenure as much as a battle for Congress—the Democratic Party is taking a hard look at Biden's legacy and the fallout from the 2024 election. With control of the House and Senate at stake, they're racing to rebrand, regroup and mobilize their bases for the fight ahead. For Trump, his "big, beautiful bill" may soon stand as the cornerstone of his legacy, as its sweeping provisions take effect, dismantling significant portions of Biden's policy achievements and reshaping the nation's economic and social landscape.
Fox News
4 days ago
- Business
- Fox News
How the CBO got it wrong again: Trump's economic bill set to generate trillions in surplus, not debt
The Republican Congress and President Donald Trump just delivered a major victory to the American people by passing and enacting into law the historic One Big Beautiful Bill Act (OBBB). Predictably, liberal media outlets – led by CNN, MSNBC, the New York Times and the Washington Post – continue to insist the OBBB will add trillions of dollars to our national debt. The truth – backed by both historical experience and robust economic analysis – is the exact opposite. President Trump's OBBB will not only boost jobs and take-home pay for America's working-class families. It will slash deficits by trillions of dollars even as its targeted expenditures will strengthen our national defense and secure our borders. As a bonus, OBBB will rapidly accelerate the deportation of millions of illegal aliens now stealing jobs from American citizens and driving down wages. At the center of the Fake News misinformation storm is the Congressional Budget Office. For years, the CBO has been trapped in a stale left-wing Keynesian mindset and stubbornly committed to static scoring models that fail to grasp how real-world economies respond to bold, pro-growth policies. As someone who has witnessed President Trump craft his economic agenda from inside the West Wing, I can tell you firsthand: when you cut taxes, slash job-killing regulations, achieve energy dominance, defend America's manufacturing base with tariffs and fight for fair trade, the economy doesn't just inch forward – it takes off. Exhibit A: The Trump 2017 Tax Cuts and Jobs Act. I was there when the CBO confidently projected a return to a sleepy Obama-Biden "new normal" 1.8–2.0% trend growth. But what actually happened? In 2018, real GDP roared ahead at 2.9%. Business investment surged. Hundreds of billions in overseas profits came home. Small businesses and consumers finally felt like Washington had their backs – and they responded by spending, investing and hiring. All of this completely blindsided the bean counters at CBO, who missed the wave of innovation and confidence that Trump's policies ignited. Comes now CBO 2.0 – once again stumbling into the Trump policy arena with its trademark combination of backward-looking modeling and partisan blind spots. Instead of learning from its spectacular misfire on the Trump 2017 tax bill, the CBO is now recycling the same flawed assumptions to smear the fiscal integrity of President Trump's One Big, Beautiful Bill – and the Fake News is eating it up. Here's how the tired old misinformation act of the CBO has unfolded: At the outset of scoring the OBBB, the CBO defaulted to its static methodology. As in 2017, it assumed a chronically underwhelming annual real GDP growth rate of just 1.8% – the same stale figure it has clung to for over a decade, regardless of the supply-side reforms at play. Unsurprisingly, the result of the CBO's debut analysis of OBBB was a headline-grabbing forecast of $3.9 trillion added to the national debt over the next 10 years. Of course, this initial forecast came under withering fire for two glaring omissions. First, as in 2017, it ignored the dynamic growth effects baked into the OBBB's permanent tax cuts, deregulatory measures, and investment incentives. Second, it refused to account for the revenue-generating power of Trump's tariff policy, which the White House projects will generate as much as $2.8 trillion over the same decade. Under heavy fire, the CBO scrambled to release a second "dynamic" estimate – but once again, they blew it. This time, they cooked the books by frontloading the bill's costs, artificially inflating the early debt load. That let them assume a spike in interest rates, which then conveniently wiped out the very growth their model was supposed to measure. It was a masterclass in bureaucratic sabotage disguised as fiscal analysis. To wit: When you frontload spending – particularly on growth-oriented tax relief and business investment incentives – you should also frontload the growth surge those policies trigger. More investment, more jobs and more productivity from this dynamic growth surge translate into higher revenues and lower debt burdens, not higher. And with reduced borrowing needs, interest rates should fall – not rise – as the market prices in stronger fiscal sustainability. Had the CBO conducted an intellectually honest dynamic analysis AND accurately accounted for the Trump tariffs, it would have forecast a massive multitrillion-dollar surplus, NOT an equally massive increase in the debt. Instead, what we got was yet another ideological forecast designed to discredit a Trump-led growth agenda that history has already vindicated once before. This CBO trash is what the Fake News is taking out now every day and night before the American people in its Trump Derangement Syndrome efforts to discredit what is beyond question a truly Big, Beautiful and FISCALLY RESPONSIBLE bill. Here's the Real News: President Trump has designed a tax cut that will not just pay for itself through more rapid economic growth and robust tariff collections. OBBB will reduce America's deficits by the trillions while financing everything from no taxes on tips and overtime to a much stronger national defense and far secure border. Get ready for the rocket ship.
Time of India
4 days ago
- Business
- Time of India
SBI CBO Admit Card 2025 released at bank.sbi: Check direct link here
SBI CBO admit card 2025: The State Bank of India (SBI) has officially released the admit card for the recruitment of Circle Based Officers (CBO) under Advertisement No. CRPD/CBO/2025-26/03. Tired of too many ads? go ad free now Candidates who successfully registered for the SBI CBO 2025 examination can now download their admit cards from the official website of the bank, The online written examination is scheduled to be conducted on July 20, 2025, and will comprise both objective and descriptive tests. Applicants are required to carry their admit card along with a valid ID proof to the examination centre. Without these documents, entry to the exam hall will not be permitted. Exam structure and selection process The SBI CBO 2025 exam comprises an online written examination (objective and descriptive), screening of experience and documents, interview (50 marks), and a local language test, if applicable. The final merit list will be based on a 75:25 weightage of online test and interview scores. Objective Test (120 marks, 2 hours): • English Language – 30 questions (30 minutes) • Banking Knowledge – 40 questions (40 minutes) • General Awareness/Economy – 30 questions (30 minutes) • Computer Aptitude – 20 questions (20 minutes) Descriptive Test (50 marks, 30 minutes): • Letter Writing and Essay in English There will be no negative marking in either section of the examination. Important instructions for candidates Candidates must ensure that the details on the admit card match their ID proof. Any discrepancies should be reported to the SBI helpdesk immediately. It is also advised to visit the examination venue a day before the exam to avoid any last-minute issues. Steps to download SBI CBO Admit Card 2025 Step 1: Visit the official SBI careers portal at Step 2: Click on the "Careers" section, then select "Current Openings." Tired of too many ads? go ad free now Step 3: Locate the link for "RECRUITMENT OF CIRCLE BASED OFFICERS 2025." Step 4: Click on the Admit Card link and enter your Registration Number and Password/Date of Birth. Step 5: Download and print the admit card to be carried to the examination centre. Details of SBI CBO recruitment and vacancies The SBI CBO recruitment 2025 process aims to fill a total of 2,964 vacancies, which include 2,600 regular positions and 364 backlog vacancies. These openings are spread across various SBI circles in India, and selected candidates will be posted on a circle-based appointment, with no provision for inter-circle transfers. The category-wise distribution of vacancies is as follows: • Scheduled Caste (SC): 387 (Regular) + 107 (Backlog) • Scheduled Tribe (ST): 190 (Regular) + 146 (Backlog) • Other Backward Classes (OBC): 697 (Regular) + 111 (Backlog) • Economically Weaker Section (EWS): 260 • General: 1066 Eligibility and age criteria Candidates were required to hold a graduation degree in any discipline from a recognised university as of April 30, 2025. Additionally, a minimum of two years' experience as an officer in a Scheduled Commercial Bank or Regional Rural Bank (RRB) was mandatory. The age limit was set between 21 to 30 years as of April 30, 2025, with relaxations provided for SC/ST, OBC, and PwBD candidates as per government norms. For further updates and to access the admit card, candidates are advised to regularly . TOI Education is on WhatsApp now. Follow us .
