Politic related news.
WASHINGTON (AP) — The Trump administration last week announced that there could be new oil drilling off the California and Florida coasts for the first time in decades as President Donald Trump seeks to expand the nation’s oil production. The oil industry has been seeking access to new offshore areas, including Southern California and off [...]
WASHINGTON (AP) — The U.S. Treasury Department last week said it plans to reclassify certain refundable tax credits as “federal public benefits,” which will bar some immigrant taxpayers from receiving them, even if they file and pay taxes and would otherwise qualify. Tax analysts say immigrants brought to the United States illegally by their parents [...]
SACRAMENTO, Calif. (AP) — A U.S. appeals court has paused a California law set to take effect in January requiring large companies to report every two years on how climate change could hurt them financially. Another new law requiring major companies to annually disclose their carbon emissions can stay in place for now, the court [...]
WASHINGTON (AP) — The U.S. Education Department is handing off some of its biggest grant programs to other federal agencies as the Trump administration accelerates its plan to shut down the department. It represents a major step forward for the administration’s dismantling of the department, which has mainly involved cutting jobs since President Donald Trump [...]
WASHINGTON (AP) — National Public Radio will receive approximately $36 million in grant money to operate the nation’s public radio interconnection system under the terms of a court settlement with the federal government’s steward of funding for public broadcasting stations. The settlement partially resolves a legal dispute in which NPR accused the Corporation for Public [...]
WASHINGTON (AP) — The nation’s trade deficit fell by nearly 24 percent in August as President Donald Trump’s sweeping global tariffs pushed imports lower. In a report delayed for more than seven weeks by the federal government shutdown, the Commerce Department said that the gap between what the United States buys from other countries and [...]
WASHINGTON (AP) — The Federal Reserve’s top banking regulator last week released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor. In a set of sweeping changes, the principles call for bank examiners to focus on material financial risks and to “not become [...]
WASHINGTON (AP) — The Environmental Protection Agency earlier this week announced that it is redefining the scope of the nation’s clean water law to limit the wetlands it covers, building on a Supreme Court decision two years ago that removed federal protections for vast areas. When finalized, the new “Waters of the United States” rule [...]
Several transit authorities in central Ohio have been selected to receive part of a $13.5 million investment through the Ohio Workforce Mobility Partnership program. The program directs federal funding through the state transportation budget to projects that support workforce transportation by connecting residents to economically significant employment centers, bridge service gaps between rural and urban [...]
A lawmaker skeptical of the Big Ten’s proposed $2.4 billion deal with a private investor has requested a Congressional analysis of the tax consequences for the NCAA, its schools and conferences in the changing college sports industry. “Legitimate questions have been raised about whether it is time to rethink the tax-exempt regime under which college [...]