07-14-2024  9:48 pm   •   PDX and SEA Weather

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NORTHWEST NEWS

Wildfire Risk Rises as Western States Dry out Amid Ongoing Heat Wave Baking Most of the US

Blazes are burning in Oregon, where the governor issued an emergency authorization allowing additional firefighting resources to be deployed. More than 142 million people around the U.S. were under heat alerts Wednesday, especially across the West, where dozens of locations tied or broke heat records.

Forum Explores Dangerous Intersection of Brain Injury and Law Enforcement

The Portland Committee on Community-Engaged Policing hosted event with medical, legal and first-hand perspectives.

2 Men Drown in Glacier National Park Over the July 4 Holiday Weekend

 A 26-year-old man from India slipped on rocks and was swept away in Avalanche Creek on Saturday morning. His body has not been recovered. And a 28-year-old man from Nepal who was not an experienced swimmer drowned in Lake McDonald near Sprague Creek Campground on Saturday evening. His body was recovered by a sheriff's dive team.

Records Shatter as Heatwave Threatens 130 million Across U.S. 

Roughly 130 million people are under threat from a long-running heat wave that already has broken records with dangerously high temperatures and is expected to shatter more inot next week from the Pacific Northwest to the Mid-Alantic states and the Northeast. Forecasters say temperatures could spike above 100 degrees in Oregon, where records could be broken in cities such as Eugene, Portland and Salem

NEWS BRIEFS

Echohawk Selected for Small Business Regulatory Fairness Board

Indigenous woman and executive leader of Snoqualmie-owned enterprise to serve on national board advancing regulatory fairness and...

HUD Reaches Settlement to Ensure Equal Opportunity in the Appraisal Profession

The U.S. Department of Housing and Urban Development (HUD) announced today that it has entered into an historic Conciliation...

HUD Expands Program to Help Homeowners Repair Homes

The newly updated Federal Housing Administration Program will assist families looking for affordable financing to repair, purchase, or...

UFCW 555 Turns in Signatures for Initiative Petition 35 - United for Cannabis Workers Act

On July 5, United Food and Commercial Workers Local 555 delivered over 163,000 signatures to the Oregon Secretary of...

Local Photographer Announces Re-Release of Her Book

Kelly Ruthe Johnson, a nationally recognized photographer and author based in Portland, Oregon, has announced the re-release of her...

Things to know about heat deaths as a dangerously hot summer shapes up in the western US

PHOENIX (AP) — A dangerously hot summer is shaping up in the U.S. West, with heat suspected in dozens of recent deaths, including retirees in Oregon, a motorcyclist in Death Valley, California and a 10-year-old boy who collapsed while hiking with his family on a Phoenix trail. Heat...

California reports first wildfire death of the 2024 season as fires persist across the West

SAN FRANCISCO (AP) — Wildfires fueled by strong winds and an extended heat wave have led to the first death in California of the 2024 season, while wind-whipped flames in Arizona have forced hundreds to flee from what tribal leaders are calling the “most serious” wildfire on their reservation...

Missouri governor says new public aid plan in the works for Chiefs, Royals stadiums

JEFFERSON CITY, Mo. (AP) — Missouri Gov. Mike Parson said Thursday that he expects the state to put together an aid plan by the end of the year to try to keep the Kansas City Chiefs and Royals from being lured across state lines to new stadiums in Kansas. Missouri's renewed efforts...

Kansas governor signs bills enabling effort to entice Chiefs and Royals with new stadiums

TOPEKA, Kan. (AP) — Kansas' governor signed legislation Friday enabling the state to lure the Super Bowl champion Kansas City Chiefs and Major League Baseball's Royals away from neighboring Missouri by helping the teams pay for new stadiums. Gov. Laura Kelly's action came three days...

OPINION

Minding the Debate: What’s Happening to Our Brains During Election Season

The June 27 presidential debate is the real start of the election season, when more Americans start to pay attention. It’s when partisan rhetoric runs hot and emotions run high. It’s also a chance for us, as members of a democratic republic. How? By...

State of the Nation’s Housing 2024: The Cost of the American Dream Jumped 47 Percent Since 2020

Only 1 in 7 renters can afford homeownership, homelessness at an all-time high ...

Juneteenth is a Sacred American Holiday

Today, when our history is threatened by erasure, our communities are being dismantled by systemic disinvestment, Juneteenth can serve as a rallying cry for communal healing and collective action. ...

AFRICAN AMERICANS IN THE NEWS

Historically Black town in Louisiana's Cancer Alley is divided over a planned grain terminal

WALLACE, La. (AP) — Sisters Jo and Dr. Joy Banner live just miles from where their ancestors were enslaved more than 200 years ago in St. John the Baptist Parish, Louisiana. Their tidy Creole cottage cafe in the small riverfront town of Wallace lies yards from property their great-grandparents...

Pastors see a wariness among Black men to talk abortion politics as Biden works to shore up base

WASHINGTON (AP) — Phoenix pastor the Rev. Warren H. Stewart Sr. has had countless discussions this election season with fellow Black men on the economy, criminal justice, immigration and other issues dominating the political landscape in their battleground state of Arizona. But never abortion. ...

Morehouse College president says he will retire next June

ATLANTA (AP) — Morehouse College President David Thomas announced that he will retire next year, saying it is time for new leadership at the prominent all-male, historically Black school he has led since 2018. Thomas, 67, said in a statement Friday that he will retire June 30,...

ENTERTAINMENT

Book Review: 'Hey, Zoey' uses questions about AI to look at women's autonomy in a new light

Dolores is going through the motions of life when she finds a potentially marriage-ending surprise in her garage: a high-end, lifelike sex doll imbued with artificial intelligence named Zoey. There are a lot of places that author Sarah Crossan can go from here — when is it cheating?...

Book Review: 'Loving Sylvia Plath' attends to polarizing writer's circumstances more than her work

A popular form of writing nowadays is one that involves reexamining the lives of people, often members of marginalized groups, who have otherwise been flattened or short-changed by history. How has society’s assumptions or prejudices informed how a person is remembered, many authors...

Book Review: Gonzo journalist Barrett Brown’s memoir a piquant take on hacktivism’s rise

His talents in full flower and basking in public admiration, gonzo journalist and inveterate anti-establishment troublemaker Barrett Brown is jailed in his native Texas on various federal felony charges. It is 2013 and Brown’s adventures have included helping Anonymous hacktivists...

U.S. & WORLD NEWS

Treason and espionage cases are rising in Russia since the war in Ukraine began

TALLINN, Estonia (AP) — When Maksim Kolker’s phone rang at 6 a.m., and the voice on the other end said his...

The RNC's first day will still focus on the economy. Here's what to know about Trump's plans

WASHINGTON (AP) — Donald Trump goes into the Republican National Convention with bold promises about the U.S....

When does a presumptive nominee become a nominee? Here's how Donald Trump will make it official

WASHINGTON (AP) — Monday 12:01 AM Nearly 2,500 delegates are gathering in Milwaukee this week for...

Scientists, a journalist and even a bakery worker are among those convicted of treason in Russia

TALLINN, Estonia (AP) — Over the past decade, Russia has seen a sharp increase in treason and espionage cases. ...

A Pakistani court acquits ex-PM Khan but supporters' hopes of his release are dashed

ISLAMABAD (AP) — A Pakistani court on Saturday overturned the convictions and seven-year sentences of former...

What to know about the growing number of treason and espionage cases in today's Russia under Putin

Treason cases were rare in Russia 30 years ago, with only a handful brought annually. In the past decade and...

Stephen Ohlemacher the Associated Press

The president is taking a risky gamble by proposing a rollback on tax breaks for corporations that buy their own business jets



WASHINGTON (AP) -- President Barack Obama is renewing an old fight with the business community by insisting that $400 billion in tax increases be part of a deficit-reduction package. His proposals have languished on Capitol Hill, repeatedly blocked by Republicans, often with help from Democrats.

Some would raise big money. Limiting tax deductions for high-income families and small business owners could raise more than $200 billion over the next decade. Others are more symbolic, such as scaling back a tax break for companies that buy corporate jets.

The corporate jet proposal would raise $3 billion over the next decade, according to GOP congressional aides. That's a relatively small sum in the big scheme of Washington budgets, but Obama and Democrats call attention to it repeatedly in their effort to portray Republicans as defenders of corporate fat cats.

No matter how Democrats characterize their proposals as revenue raisers or plugging tax loopholes, GOP leaders oppose them all, arguing that raising taxes in a bad economy would only make matters worse.

"If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and natural gas companies that are making hundreds of billions of dollars," Obama said this week, "then that means we've got to cut some kids off from getting a college scholarship, that means we've got to stop funding certain grants for medical research, that means that food safety may be compromised, that means that Medicare has to bear a greater part of the burden."

The White House has identified about $600 billion in tax increases it wants over the next decade. About $400 billion of them were offered as part of deficit-reduction talks led by Vice President Joe Biden. That would be paired with more than $1 trillion in spending cuts.

Some of the tax proposals are vague and budget experts have yet to calculate just how much they would raise. For example, limiting deductions for high-income families and small businesses could raise anywhere between $210 billion and $290 billion, depending on what threshold is established as high income.

Obama is proposing to eliminate $41 billion in tax breaks for oil and natural gas companies, raise taxes on investment fund managers by $21 billion and change the way many businesses value their inventories for tax purposes. The change in inventory accounting would raise an estimated $70 billion over the next decade, hitting manufacturers and energy companies, among others.

Treasury Secretary Timothy Geithner has given Congress an Aug. 2 deadline for raising the current debt ceiling, currently $14.3 trillion, to avoid defaulting on the government's financial obligations for the first time in the nation's history. He warns that a default could trigger potentially dire consequences for an already anemic economy, including higher interest rates, tighter credit and new rounds of job layoffs. The government hit the debt ceiling in May and has been juggling accounts since then to make all its payments.

Obama says he is proposing a balanced approach that spreads the pain among people who rely on government services and those most able to finance them.

While Republican leaders argue that raising taxes is bad policy, bad politics and too unpopular to pass the Republican-controlled House, several GOP senators have said they are willing to consider eliminating unspecified tax breaks to reduce the deficit.

Two weeks ago, 33 Republican senators joined a 73-27 majority to repeal a $5 billion annual tax subsidy for ethanol gasoline blends. On Wednesday, Sen. Ron Johnson, R-Wis., said, "I would like to do away with special tax breaks but not legitimate business deductions."

But GOP leaders insist there is no support among Republicans to impose the kind of tax increases Obama is proposing.

"The president is sorely mistaken if he believes a bill to raise the debt ceiling and raise taxes would pass the House," Speaker John Boehner, R-Ohio, said. "The votes simply aren't there, and they aren't going to be there because the American people know tax hikes destroy jobs."

Among the tax increases proposed by the White House and the amount they'd raise over the next decade:

- Limit itemized deductions, including those for charitable contributions and mortgage interest, for families and small business owners with high incomes. Under current law, if a taxpayer's top income tax rate is 35 percent - the highest rate - a $100 deduction is worth $35 in tax savings. For several years, Obama has proposed limiting itemized deductions for people making above $250,000 to 28 percent, meaning a $100 deduction would be worth only $28 in tax savings at most. That would raise $293 billion, according to congressional estimates.

A similar proposal would gradually phase out itemized deductions for people making more than $500,000, raising "in the ballpark of $210 billion," said Maryland Rep. Chris Van Hollen, one of the House Democratic negotiators in the Biden talks.

- Change the way businesses value their inventory, raising an estimated $70 billion. Current law allows businesses to lower their taxable profits - and their tax bills - by using an accounting method that can inflate the cost of goods sold. Obama proposes to phase out the practice, known as last-in, first out, or LIFO.

- Increase taxes on investment fund managers, mainly hedge funds and private equity firms, raising about $21 billion. Investment managers typically pay capital gains taxes on their fees, with a top rate of 15 percent. Obama wants to tax the fees as regular income, with a top tax rate of 35 percent.

- Eliminate about $41 billion in tax breaks for oil and natural gas companies. Obama has called for eliminating tax breaks for all oil and gas companies every year since he took office in 2009. The biggest is a deduction for production expenses that is available to all manufacturers. In May, the Senate rejected a smaller proposal that targeted the five biggest companies: Shell Oil Co., ExxonMobil, ConocoPhillips, BP America and Chevron Corp.

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Associated Press writers Jim Kuhnhenn, Andrew Taylor and Laurie Kellman contributed to this report.

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