Deficit-swelling Trump White House plans to use deficit against Democrats


Donald Trump

A series of budget fights between the Trump White House and Congress will come into focus on Saturday, when the U.S. government hits its debt limit, already at a record of roughly $22 trillion. | Alex Wong/Getty Images

White House

After mostly brushing off deficit concerns for two years, the White House now plans to reposition itself as an unlikely enforcer of fiscal responsibility.

The self-described “king of debt” is about to get religion.

In the next several months, the Trump administration faces several big spending and budget showdowns with Congress. And after mostly brushing off deficit concerns while pushing through a costly tax-cut plan, the White House now plans to reposition itself as an unlikely enforcer of fiscal responsibility led by its new top budget official, a veteran of the conservative group Heritage Action.

Story Continued Below

The series of budget fights will come into focus on Saturday, when the U.S. government hits its debt limit, already at a record of roughly $22 trillion. That won’t cause an immediate crisis, thanks to Treasury’s ability to keep paying the bills for a limited amount of time using power known as “extraordinary measures.”

Still, Saturday marks the beginning of a series of budget challenges for the Trump White House. The next marker comes on March 11, when the White House is scheduled to release the president’s broad budget priorities, which will feature a call for deep spending cuts — and be dead on arrival in the Democratic-led House. Administration officials have been meeting for weeks to devise a strategy to dramatically boost defense spending, fulfilling a promise to Trump’s base, while at the same time placing a strong new rhetorical emphasis on deficit concerns in a bid to undermine Democratic demands for more spending on non-defense programs like foreign aid, education and environmental protection.

It’s a long-shot plan certain to face accusations of hypocrisy — especially since it’s coming from Trump, who once boasted, “I’ve made a fortune by using debt.” Privately, many White House officials also dismiss the notion that the federal debt is a major problem.

The approach will also touch off another fierce, months-long fight with newly empowered Democrats in Congress, who have railed for two years now that the Trump administration is recklessly exploding the deficit.

But administration officials insist they’ve got the upper hand this time around. They think they’ve found a way to fund their defense spending increase — and they contend Democrats have more to lose from the automatic spending cuts triggered by sequestration.

Russ Vought, acting head of the White House’s Office of Management and Budget, sent the opening salvo in a recent op-ed lamenting Washington’s spending problem and warning of sky-high annual deficits and the national debt. Some D.C. budget wonks scoffed, previewing the reaction that is sure to become more pronounced as the battle heats up and politicians begin examining Trump’s blueprint.

The president’s critics countered that the Trump administration backed a tax-cut plan that will cost an estimated $2.3 trillion over 10 years and add $1.9 trillion to the debt. And after much consternation, Trump agreed to sign a massive $1.3 trillion spending bill last year — though afterwards, he told aides he’d regretted it apart from the boost it gave to the military.

“It rightly identifies the problem and then is totally wrong on the solutions,” said Marc Goldwein, senior policy Director for the Committee for a Responsible Federal Budget, of Vought’s op-ed.

And if the Trump administration was really serious about tackling spending, these critics said, they’d take on politically treacherous issues like entitlements. One senior administration official said the president’s upcoming budget proposal would not offer any new cuts to mandatory spending and would track with what they’ve proposed in past budgets.

“The core structural problems remains and have not been addressed,” said Michael Peterson, the CEO of the Peter G. Peterson Foundation. Those problems include the growing share of the federal budget taken up by spending on Medicare and Social Security, two programs for the elderly, disabled and children that politicians have been loath to touch. Peterson warned that the United States is on a “very unsustainable, dangerous and damaging fiscal path.”

Trump’s plan to raise defense spending without allowing the traditionally reciprocal increase in non-defense discretionary spending requires some tricky math. Among the tools the administration plans to use to cut spending: raiding the Overseas Contingency Operations fund, which has not been subject to the sequestration budget caps Congress put in place earlier this decade.

Such a move has long come under fire from fiscal conservatives, including Mulvaney himself, who once sponsored legislation to prevent the OCO from being used in that way and has called the move a “gimmick.” Democrats also oppose the tactic.

But administration officials said Mulvaney is now embracing use of the OCO, though they privately acknowledge the tricky politics of his abrupt shift. Even some in the administration are hesitant about the approach, reluctantly going along with it because it’s seen as the only option. “I don’t like it, personally,” one senior administration official told POLITICO.

The release of the president’s budget will kick off a series of deadlines for the administration, which should last through the fall of 2019.

Even though the U.S. will officially reach its debt limit on Saturday, the Congressional Budget Office estimates the country won’t run out of money to pay its bills until late summer or early fall, during which Congress will negotiate over a deal to raise the debt ceiling.

Congress must also strike an agreement by Oct. 1 to raise the sequestration budget caps.

In the wake of the bruising government shutdown, budget experts say appropriators and Republican congressional leadership have little appetite for any type of budget showdown this fall — just as the funding bills for the government also must get passed. Republicans saw their approval ratings tank during the 35-day partial federal shutdown over border wall funding, with the majority of Americans in poll after poll saying they blamed both Trump and congressional Republicans.

“Similar to last year, I think they will work out the agreement on the debt limit and an agreement to adjust the caps for 2020 and 2021. There will be pressure to try to make sure they don’t have to deal with it in an election year,” said William G. Hoagland, former Republican staff director of Senate Budget Committee.

Still, that sentiment hasn’t stopped the Trump administration and new acting director of the budget office from attempting to make demands — even in this new era of divided government. Vought’s op-ed called on Congress to adhere to the 5 percent spending cuts for major swaths of the federal government and then boost military spending by taking cash from the overseas fund.

One senior administration official defended the idea, saying that raiding the OCO fund has never been used as an opportunity to cut spending and therefore is a new, valid idea.

“That is what different this time around,” the official said. “We are saying: we are in divided government.”

Just as the administration now views OCO as a legitimate vehicle for cutting spending, some administration officials are also now expressing deep concern about the deficit — hence, the expected proposal of deep spending cuts in the upcoming budget.

Aides said the Treasury Department will take point on debt limit talks, while the Office of Management and Budget is driving the budget proposal.

Treasury Secretary Steve Mnuchin has said he would like Congress to raise the debt ceiling without any political showdowns, or attempts to extract additional policy concessions — a move that could anger some House Republicans.

One of the senior administration officials dismissed concerns that the debt limit fight will become a political nightmare, calling the issue, “much sound and fury signifying nothing.”

But the debt limit and budget cap negotiations will force the White House to help congressional leadership deliver votes on a key issue, all while keeping the president — the king of debt — on message.

Read More

from Daily Trends Hunter https://ift.tt/2GT2FJH
via IFTTT

Venezuelans risk ‘dangerous’ trek as official borders remain shut

Cucuta, Colombia – Thousands of Venezuelans in search of food and medicine have entered Colombia through informal crossings after main border bridges were closed during last week’s attempted aid delivery.

The informal crossings, or “trochas” as they are referred to locally, are reportedly operated by illegal armed groups, who charge fees to let people pass. On the route, Venezuelans must step over rocks and cross a river.

“There are elderly people and children crossing over to study. I just saw an old lady being carried over in a wheelchair,” said Ana Luisa Cuellar, 36, standing with bags of toilet roll and rice beside the river she would have to cross to return home. It was the third time she crossed from Venezuela on the trocha this week.

“It’s dangerous because there is no security and the people who control it are from armed groups,” Cuellar said, while nervously looking around at who was listening to her speak. She said she had to pay the illegal groups 5,000 Colombian pesos ($1.60) to cross. “They make a fortune,” she added.

After last Saturday’s attempts to deliver US humanitarian aid into Venezuela by self-declared interim president Juan Guiado, the Simon Bolivar bridge was shut at President Nicolas Maduro‘s orders. Shipping containers filled with sand barricade the bridge, where more than 30,000 Venezuelans crossed daily to buy food and medicine unavailable in Venezuela. 

When the border is open, more than 30,000 Venezuelans close the Simon Bolivar bridge daily [Steven Grattan/Al Jazeera] 

Venezuelans who depend on crossing the border to get basic products are feeling the strain of the border closure.

“Women and children are regularly exposed to violence, including risks of sexual violence and harassment. Additionally, fees are often required to cross,” said Bob Kitchen, the International Rescue Committee’s vice president for emergencies.

“Our teams report that upwards of 2,000 children are no longer be able to access school, as they made the journey from Venezuela to Colombia on a daily basis to receive their education,” he told Al Jazeera.

The International Rescue Committee reported an increase in the number of Venezuelans using informal crossings [Steven Grattan/Al Jazeera]

The IRC also reported seeing an increase in walkers or ”caminantes”, with the spike beginning on Sunday and still on the increase.  

“Teams report seeing an increase in the number of women and children, and in particular teenage boys who are afraid of being recruited into gangs in Venezuela,” Kitchen said. 

Felipe Munoz, the Colombian government’s director of border issues, said that the move has hugely affected Venezuelan citizens.

“A very important thing to mention is ill people who need dialysis and cancer treatment and vaccines are unable to access these services,” he said, adding that because the routes are controlled by armed groups, Venezuelans are now at risk. 

‘I’m dreading crossing’

The informal border crossing near the Simon Bolivar bridge was closed on late Friday morning for about an hour for unknown reasons, creating a buildup of Venezuelans trying to reach their home country. 

Roger Moros, 39, laid on the ground of Colombian side of the trocha when the closure was announced. Surrounded by the goods he bought in Cucuta, which included chickens feet, sugar and flour, he said he had to pay 3,000 pesos ($1) to pass by.

“I’m not a fan of Guaido or Maduro, and I think the humanitarian aid is just a political weapon,” he said. “If it were really humanitarian aid why don’t they distribute it in Colombia so people can get access to it now?”

The IRC said that many Venezuelan children are unable to go to school due to the border closures [Steven Grattan/Al Jazeera] [Daylife]

Another Venezuelan waiting to cross the river was Patricia Ortiz, 57, from San Antonio, just across the border.

“The aid should have gotten in for the people who need it,” she said stood beside her neighbour who she travels with once a week to Cucuta. “I’m dreading crossing,” she said staring at the river that separates Venezuela and Colombia.

Patricia Ortiz said she was dreading crossing the trochas [Steven Grattan/Al Jazeera] 

Read More

from Daily Trends Hunter https://ift.tt/2TbX9sc
via IFTTT

Trump campaign pushes government intervention on 5G


Donald Trump

“I want 5G, and even 6G, technology in the United States as soon as possible,” President Donald Trump said. | Joe Raedle/Getty Images

technology

The president’s reelection team is backing a plan the wireless industry fears would impose a heavy government hand over America’s communications future.

President Donald Trump’s reelection team is backing a controversial plan to give the government a role in managing America’s next-generation 5G wireless networks — bucking the free market consensus view of his own administration and sparking wireless industry fears of nationalization.

The plan — embraced by Trump 2020 campaign manager Brad Parscale and adviser Newt Gingrich — would involve the government taking 5G airwaves and designing a system to allow for sharing them on a wholesale basis with wireless providers. The idea is also being pushed by a politically connected wireless company backed by venture capitalist Peter Thiel that could stand to benefit.

Story Continued Below

It’s already getting pushback from industry, which dismisses the concept as untested and unworkable.

But the Trump campaign is now fully embracing the model in a bid to woo rural voters who have long lacked decent internet service because wireless companies don’t have a financial incentive to offer affordable broadband to all Americans, including those outside the biggest cities.

“A 5G wholesale market would drive down costs and provide access to millions of Americans who are currently underserved,” Kayleigh McEnany, national press secretary for Trump’s 2020 campaign, told POLITICO. “This is in line with President Trump’s agenda to benefit all Americans, regardless of geography.”

Trump campaign advisers aren’t offering an explanation for why their position is so different from the one embraced by the Trump administration, and they say they have no financial motivations for their stance.

But the campaign’s position sets up a likely policy fight with key Trump administration figures who preach an industry-led 5G vision, including White House economic adviser Larry Kudlow and members of the FCC.

The issue of government’s potential role in 5G — which promises super-fast internet speeds seen as critical to U.S. economic and technology development — has already proven to be an explosive one.

At the beginning of 2018, a leaked memo from the National Security Council, which envisioned the Trump administration building a nationwide 5G network to compete with China, faced immediate rejection from the wireless industry, every FCC commissioner and lawmakers of both parties, who were alarmed at the prospect of a heavy government hand in the sector.

The White House at the time never explicitly ruled out the nationalization concept, with press secretary Sarah Huckabee Sanders saying “there are a lot of things on the table.” But administration officials still scrambled to reassure the powerful wireless sector, holding a conference on 5G later in the year where Kudlow said “the White House is officially behind this free-enterprise, free-market approach.”

The Trump campaign is now touting a different flavor of potential government intervention into 5G, one championed by a wireless company known as Rivada Networks.

Rivada, which counts Trump ally Thiel among its investors, is lobbying for the administration to take wireless spectrum from the Defense Department and use a third-party operator — ideally Rivada — to make those airwaves available to users who need it on a rolling wholesale basis, much like in the electricity market.

This model would differ from the current system where wireless carriers like AT&T and Verizon typically hold long-term spectrum leases secured at FCC auctions. Veteran GOP operative Karl Rove, a Rivada adviser, is helping to cultivate an informal network of advocates to push the concept.

Rivada’s influence operation has sparked speculation about its role in the Trump campaign’s thinking. But Parscale, one of the most vocal Trump surrogates backing the government-managed 5G plan, has no financial interest in Rivada or 5G, according to the campaign. Gingrich, who wrote an op-ed praising the “public-private” 5G model, also said he’s not getting paid by the company, but finds what it wants to do “fascinating.”

Rivada has requested meetings with Michael Kratsios, deputy assistant to the president for technology policy, which he has declined, according to an administration official. Kratsios previously worked for Thiel.

Trump himself issued a pair of enigmatic tweets on 5G in late February, which failed to clear up where he stands on the government’s role in the next-generation networks.

“I want 5G, and even 6G, technology in the United States as soon as possible,” Trump said. “It is far more powerful, faster, and smarter than the current standard. American companies must step up their efforts, or get left behind.”

Asked about the Trump campaign’s views on 5G, the White House Office of Science and Technology policy said it stands behind the current, industry-led approach. “The Trump Administration embraces any and all private sector-driven efforts to boost innovation in the United States for deploying secure 5G networks,” a spokesperson said.

The FCC declined to comment.

CTIA, which represents wireless heavyweights like AT&T and Verizon, has already sought to counter the growing talk of government involvement in 5G.

“Instead of trying to ‘out-China, China’, as some proponents of a nationalized ‘wholesale’ network monopoly suggested, we reaffirmed our faith in that most American of principles — competition in a free and open market,” the trade group wrote in a blog post last month.

Rivada has fallen short in its efforts to shape government policy before, despite attracting high-profile advocates including Rove and former Govs. Jeb Bush and Martin O’Malley, who serve on the board. The company failed to make inroads with the multibillion-dollar U.S. public safety communications network FirstNet, first losing the government contract to build the network to AT&T and then failing to convince states to defect to Rivada’s version of the project.

But Rivada CEO Declan Ganley is maintaining a combative message when it comes to the 5G plan his company backs, blasting incumbent telecom giants as “parasites” bilking the American public.

“America should have some of the cheapest bandwidth and data available in the world and instead it’s got the most expensive pricing in the world,” he said in an interview. Of the big wireless companies, he added: “They are the ninjas of regulatory capture. … They can hire 20,000 lobbyists to our one. We’ll never out-lobby them, but the numbers don’t lie. Americans are being hosed.”

Robert Spalding, the former National Security Council official who drafted the White House memo on 5G nationalization and is now a senior fellow at the Hudson Institute in Washington, sees benefits in the 5G model championed by the Trump campaign. But while it may be useful as messaging to rural voters, he said, the idea as a practical matter is dead on arrival because it would require the military to share its airwaves.

“I just don’t see it actually coming to fruition because at the end of the day, an agency like the Department of Defense would have to step up and say this is absolutely required for national security,” he said. “I know that DoD has no interest in using any kind of department resources in making this a priority.”

Read More

from Daily Trends Hunter https://ift.tt/2EnImAD
via IFTTT

Video: Giants CEO Larry Baer Knocks Wife Pam to Ground, Yells at Her

San Francisco Giants CEO Larry Baer listens to questions during a news conference at AT&T Park Thursday, Nov. 6, 2014, in San Francisco. After capturing a third championship in five years, the Giants baseball team faces another busy winter in which they will try to re-sign switch-hitting third baseman Pablo Sandoval. (AP Photo/Eric Risberg)

Eric Risberg/Associated Press

A video has been released showing San Francisco Giants CEO Larry Baer knocking his wife, Pam Baer, to the ground during an apparent argument. 

TMZ Sports obtained the footage in which Larry pulls Pam to the ground and yells at her while trying to grab something out of her right hand (warning: contains profanity):

Major League Baseball is looking into the matter, per ESPN’s Jeff Passan.

Per  and  of the San Francisco Chronicle, a worker in the area provided the video footage after saying he witnessed the situation unfold. 

Per TMZ Sports, the person who shot footage of the altercation got involved to help break it up and police weren’t called to the scene. The witness told TMZ the object Larry was trying to get from Pam was a cellphone.

“We were having a family fight about someone in my family and that’s it,” Pam told TMZ in a phone conversation. 

Speaking to Evan Sernoffsky of the San Francisco Chronicle, Larry confirmed the argument was about a family member.

“My wife and I had an unfortunate public argument related to a family member and she had an injured foot and she fell off her chair in the course of the argument,” he said. “The matter is resolved. It was a squabble over a cellphone. Obviously it’s embarrassing.”

Baer is part of the Giants ownership group that purchased the franchise in August 1992. He has been the team’s CEO since 2012.  

Read More

from Daily Trends Hunter https://ift.tt/2GTPB6S
via IFTTT

Lakers News: NBA Searched Cellphones in Paul George Tampering Case

Oklahoma City Thunder forward Paul George (13) in the second half of an NBA basketball game Tuesday, Feb. 26, 2019, in Denver. The Nuggets won 121-112. (AP Photo/David Zalubowski)

David Zalubowski/Associated Press

The NBA took extensive measures during its investigation into the Los Angeles Lakers tampering with Paul George two years ago.

Speaking at the Sloan Sports Analytics Conference (h/t TrueHoop’s Henry Abbott), NBA commissioner Adam Silver said the league hired investigators and inspected various cellphones of those involved in the case. 

The Lakers received a $500,000 fine from the NBA in August 2017 after it was determined general manager Rob Pelinka had contact with George’s agent “that constituted a prohibited expression of interest in the player while he was under contract” with the Indiana Pacers

Lakers president of basketball operations Magic Johnson was previously warned by the league for his comments about George during an April 2017 appearance on The Jimmy Kimmel Show

“We’re going to say ‘hi’ because we know each other,” Johnson said when asked if he could speak to George without violating tampering rules. “You just can’t say, ‘Hey, I want you come to the Lakers,’ even though I’m going to be wink-winking.”

George was long-rumored to be interested in joining the Lakers. He was traded by the Pacers to the Oklahoma City Thunder in July 2017. The six-time All-Star signed a four-year contract extension with the Thunder last offseason.  

Read More

from Daily Trends Hunter https://ift.tt/2Uh6V8O
via IFTTT

Watch D.K. Metcalf Do 27 Reps on Bench Press at 2019 NFL Combine

Mississippi wide receiver D.K. Metcalf (14) gestures before a play during the first half of an NCAA college football game against Louisiana Monroe in Oxford, Miss., Saturday, Oct. 6, 2018. (AP Photo/Thomas Graning)

Thomas Graning/Associated Press

Former Ole Miss receiver D.K. Metcalf has been one of the biggest stories early on at the 2019 NFL Scouting Combine in Indianapolis, so all eyes continue to be on him when he goes through different testing.

One day after measuring in with just 1.6 percent body fat, Metcalf had the opportunity to show off his strength on the bench press. That’s when the 6’3″, 228-pound wideout put up an impressive 27 reps.

Ole Miss Football @OleMissFB

Video proof @dkmetcalf14 may not be human.

#HottyToddy 🔵🔴

📺 @nflnetwork https://t.co/TQhgxJNkdq

For the sake of comparison, the next seven receivers who followed him topped out at 15 while averaging 11.7 reps, according to the Bay Area News Group’s Matt Schneidman.

The legend of D.K. Metcalf continues to grow.

Bleacher Report @BleacherReport

D.K. Metcalf is a 6’4″, 240-lb WR who looks ready to destroy the #NFLCombine 😳 https://t.co/NIQSYemDn1

Bleacher Report draft expert Matt Miller ranks Metcalf as the No. 32 overall prospect in this year’s draft class—but that was before the former Rebels star stole the show at the combine.

Read More

from Daily Trends Hunter https://ift.tt/2SDCmsu
via IFTTT

Le’Veon Bell Shares Bryce Harper Recruiting Him to Eagles in Instagram Story

Pittsburgh Steelers running back Le'Veon Bell (26) smiles during an NFL football game against the Detroit Lions in Detroit, Sunday, Oct. 29, 2017. Pittsburgh won 20-15. (AP Photo/Paul Sancya)

Paul Sancya/Associated Press

Before his record-setting contract with the Philadelphia Phillies has even become official, Bryce Harper is already doing everything he can to bring championships to the City of Brotherly Love.

And not just in baseball.

When news of Harper’s 13-year, $330 million contract with the Phillies broke on Thursday, Pittsburgh Steelers running back Le’Veon Bell gave the 2015 National League MVP a shoutout.

That’s when Harper made a recruiting pitch to the soon-to-be free agent to join the Eagles:

Bleacher Report NFL @BR_NFL

Bryce is already recruiting in Philly… https://t.co/hW4kGjGcjO

“Aye come join!” Harper wrote to Bell in an Instagram direct message. “Let’s take this city by storm. Bring as many titles as we can to the greatest city in the world. Brotherly Love. #SecureTheBag”

Perhaps the outfielder should’ve offered to buy the running back a dinner or two, given he just reached an agreement for nearly a third of a billion dollars.

Bell appears destined for the open market when the new league year begins on March 13. The three-time Pro Bowler opted to sit the 2018 campaign out rather than play under the franchise tag for the second consecutive season after failing to come to terms on a long-term extension with Pittsburgh.

Steelers general manager Kevin Colbert told ESPN.com’s Jeremy Fowler last week that the team will not use the franchise tag on Bell this time around, making the 27-year-old an unrestricted free agent.

It remains to be seen if the Eagles will pursue Bell in free agency. If so, Bell could find himself remaining in Pennsylvania, joining Harper in Philadelphia.  

Read More

from Daily Trends Hunter https://ift.tt/2GRU1Lz
via IFTTT

Kevin Durant on Feeling Accomplished: ‘The NBA Will Never Fulfill Me’

MIAMI, FLORIDA - FEBRUARY 27: Kevin Durant of the Golden State Warriors smiles before a game against the Miami Heat at American Airlines Arena on February 27, 2019 in Miami, Florida. (Photo by Cassy Athena/Getty Images)

Cassy Athena/Getty Images

Golden State Warriors superstar forward Kevin Durant said playing in the NBA “is never going to fulfill” him as he continues to “push the limits” on who he is as a person.

On Friday, Kerith Burke of NBC Sports Bay Area provided comments from Durant about what brings him happiness away from the basketball court.

“Being around family. Being around friends,” he said. “The people who actually love you deep down to your core, who won’t judge you, who will let you grow mentally, physically, you know? Just let you be who you are. I like those environments.”

The two-time NBA champion added: “All that stuff will fulfill me more so than anything … just building toward something that’s sustained when I’m not even here on this Earth. My family could be straight when I die. That’s the type of stuff I tend to think about.”

This article will be updated to provide more information on this story as it becomes available.

Get the best sports content from the web and social in the new B/R app. Get the app and get the game.     

Read More

from Daily Trends Hunter https://ift.tt/2Ts8Dag
via IFTTT