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Supreme Court signals it will uphold a tax on foreign income and leave a wealth tax for another day

Wed, Dec 6, 2023 at 9:51 am

( ) -q-28- UNDATED (Correspondent Jeremy House) “of Redmond, Washington.”

The Supreme Court seems inclined to uphold a tax on foreign income while leaving broader questions about a never-enacted tax on wealth for another day.

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Out-cue: of Redmond, Washington]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: Conservative and liberal justices have voiced concerns that ruling for a Washington couple challenging a provision of the 2017 tax bill would threaten other provisions of the tax code. There seems to be a consensus on the court to craft a narrow ruling that would avoid what Solicitor General Elizabeth Prelogar (pree LOH gur) said would be “several trillion dollars in lost revenues.” The case argued this week was brought by Charles and Kathleen Moore of Redmond, Washington.

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Greg Clugston SRN News White House correspondent

Four GOP presidential candidates to square off in fourth debate

Wed, Dec 6, 2023 at 7:05 am

Four candidates have qualified for the fourth Republican presidential debate. It’ll be the smallest debate stage so far this year for the Republican party. The RNC says Nikki Haley, Ron DeSantis, Vivek Ramaswamy, and Chris Christie have qualified for this evening’s debate in Tuscaloosa, Alabama. The candidates will be squaring off just under six weeks before the Iowa caucuses. As he’s done before, front-runner Donald Trump is skipping the debate. He’ll be holding a fundraiser in Florida instead.

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White House continues push for more Ukraine aidTue, Dec 5, 2023 at 12:51 pm
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Biden’s job approval hovers at 40 percent – RealClearPoliticsTue, Dec 5, 2023 at 7:05 am

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Senator Kevin Cramer’s Son Involved In Deadly Police Pursuit Crash

Thu, Dec 7, 2023 at 5:33 pm

Republican Senator Kevin Cramer [R-ND] says his son was involved in a police chase on Wednesday night that lead to the death of a police officer. Senator Cramer says his son—42 year old Ian Cramer— has a long history of mental illness and hallucinations and was driving a stolen vehicle at the time. Ina statement the senator requests prayers for the family of the fallen police officer and his colleagues.

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GOP Senators Call For Resignation Of FDIC ChairmanThu, Dec 7, 2023 at 5:31 pm
Senate To Hold Hearings On Diabetes, Weight-Loss DrugsThu, Dec 7, 2023 at 5:28 pm
Graham Warns No Aid To Ukraine, Israel Without Border ReformsTue, Dec 5, 2023 at 10:47 am

Bernie Bennett SRN News U.S. House correspondent

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Men are really cleaning up in women’s cycling

Thu, Dec 7, 2023 at 8:44 am

Men are really cleaning up in women’s cycling

VERBATIM: Both the gold AND the silver medals at the Single Speed competition of this month’s Illinois State Cyclocross Championship went to men. Cycling federations have been especially welcoming to transgender athletes and as a result, men are beginning to dominate women’s races. Legendary tennis champion Martina Navratilova doesn’t like it, delivering an X post that reads “More mediocre males taking podium places from female athletes.” Michael Harrington, SRN News.

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