Reps. Anna Paulina Luna (R-FL) and Alexandria Ocasio-Cortez (D-NY) introduced bipartisan legislation to cap credit card interest rates at 10%, a figure significantly lower than the current average of 28.71%. This proposal, also previously advocated by President Trump, aims to alleviate the burden of high-interest debt on working-class Americans. Opponents, including banking groups, warn that such a cap could restrict credit availability for millions, citing examples from Oregon and Chile where similar policies reduced credit access. While the legislation currently lacks widespread support, it highlights a growing bipartisan concern over the rising cost of credit.
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Representative Derek Tran’s new bill mandates the reinstatement of veterans unjustly dismissed from federal service since President Trump’s second term began, impacting nearly 6,000 individuals. The legislation also requires federal agencies to report on these dismissals and justify their actions. While facing an uphill battle in the Republican-controlled House, the bill highlights Democratic efforts to counter the Trump administration’s widespread firings within the Department of Government Efficiency. Tran emphasizes the bill’s bipartisan potential, aiming to protect veterans regardless of political affiliation.
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History confirms that Republicans rejected a once-in-a-lifetime immigration opportunity, and it is a decision that will have long-lasting consequences for our country. The opportunity presented to them was a bipartisan proposal that aimed to deny more cases at the initial stage while expediting final decisions on all cases within months. This proposal struck a balance between enforcement and amnesty, which should have been a win-win situation for immigration hardliners.
However, instead of seizing this chance to address the immigration issue in a comprehensive and practical manner, House Republicans and former President Trump rejected the bill. They argued that it did not align with their hardline wish list and successfully convinced most Senate Republicans to block the legislation.… Continue reading
John Q. Hosedrinker