Friday, the House of Representatives approved a $2.2-T aid/stimulus bill to alleviate economic devastation of the coronavirus pandemic and sent it to President Trump to sign into law, he signed it, it is now the law. Below are Key elements of the bill and the cost estimates provided by the Committee for a Responsible Federal […]
$DIA $SPY $QQQ $RUTX $VXX Friday, investors took some profits after the American Aid bill was passed and sent to President Trump for signing. By the end of the session, the DJIA was off 4.1%, S&P 500 and NAS 3.8 shed 3.4% and 3.8% respectively. The strong gains made on the week drove the DJIA […]
Friday afternoon, President Trump signed the $2.2-T American Aid/Stimulus bill, after swift and near-unanimous action by Congress this week to support businesses, rush resources to overburdened healthcare providers and help struggling families during this coronavirus epidemic. President Trump moved quickly to halt an economic free fall caused by behavioral restrictions meant to slow the spread […]
Republicans are accusing Democrats of using the coronavirus pandemic as an opportunity to push unrelated political issues, aka tack on pork, with to the American Aid legislation, as the 2 sides failed to reach an agreement Sunday night to advance the bill that will provide relief to American businesses and families struggling as a result of the virus outbreak. […]
The US Senate pared a number of marijuana-related provisions attached to the massive spending bill passed last week. One of the bills: the Secure and Fair Enforcement Banking Act would have enabled financial institutions to openly serve the cannabis industry. Senate Banking Committee Chairman Mike Crapo (R-Id), said he opposed the bill but was open […]
The Republican-held Senate passed a temporary government-wide spending bill that would keep federal agencies up and running through 20 December and avert a government shutdown after Midnight Thursday. The spending bill, passed by a 74-20 vote, would keep federal the government open for another month in hopes the additional time will help negotiators wrap up […]
As Missouri moves ahead with implementing its voter-approved medical marijuana law, neighboring Iowa sees a bill vetoed by a GOP governor, and more. Alabama Alabama Medical Marijuana Patients Push for Bill Approval. With the House set to vote on a medical marijuana bill today, patients rallied at the state capitol to urge its passage. The […]
FLASH: A Democratic presidential contender rolls out a package of veterans’ medical marijuana bills, the Alabama Senate has approved a restrictive medical marijuana bill, edibles are coming to Maryland, and more. National Democratic Presidential Candidate Seth Moulton Files Three Veterans’ Medical Marijuana Bills. Rep. Seth Moulton (D-MA), who recently announced he is seeking the Democratic […]
FLASH: Florida battle brews over limiting THC in smokable marijuana, Michigan’s unlicensed dispensaries get at least a temporary reprieve, Oregon growers get a heads up from regulators, and more. Arizona Arizona Prosecutor Still Prosecuting Medical Marijuana Patients, ACLU Charges. The Maricopa County Attorney’s Office under ardent marijuana foe Bill Montgomery is continuing to prosecute medical […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500’s 8-Day Winning Streak Capped in a Fibo Retrace on Volume Tax time is here and the April 15 deadline for individual returns looms, as Americans are facing the full reality of President Trump’s new tax law. The law, better known as the Tax Cuts and Jobs Act, […]
$TWTR FLASH: Twitter (NYSE:TWTR) Reverses Ban of Pro-Life Movie ‘Unplanned’ The R-rated pic scored the 2nd-best start ever for faith-based distributor Pure Flix; tracking had suggested it would only earn around $3-M. Garnering the coveted A+ CinemaScore, the controversial anti-abortion drama Unplanned opened to a strong $6.1-M from 1,059 theaters at the US box office despite […]
FLASH: The House is likely to pass the bill, but there is a less-than-25% chance cannabis legislation becomes law. Wall Street analysts are keeping a close watch on a House committee vote scheduled Tuesday on a bill to get cannabis industry cash off the streets and into bank accounts. Called the ‘SAFE Act,’ the measure […]
Thursday, the US Senate approved a border security compromise for building a wall with Mexico, and prevents another government shutdown. The White House said President Trump would sign it then declare a national emergency and invoke other executive powers to to shift money to Wall-building from elsewhere in the federal budget. House passage and President […]
FDA begins to move on allowing hemp-based CBD products, Florida’s legal battle over medical marijuana takes another twist, and more. National FDA Begins Process of Allowing Hemp-Based CBD Products. After President Trump signed the 2018 farm bill into law late last year, the Food and Drug Administration (FDA) issued a press release pledging to pursue […]
Americans see through Senate Democrats’ efforts to thwart President Trump’s call for additional border Wall funding, as they want a secure border and they elected President Trump because he promised to keep the country safe. “Let’s see if they can start negotiating in good faith,” House Majority Whip Steve Scalise (R:LA) said Friday. “I think […]
FDA Seeks Public Comment on Marijuana Classification, WA Bans Gummies and Candies Plus The FDA is seeking public comment on marijuana classification, Mississippi cops continue to seize cash and other goods despite a change in state law that should have stopped them, and more. Marijuana Policy The Trump Administration Seeks Public Comments On Marijuana Reclassification. […]
House to Make Individual Tax Cuts Permanent US House of Representatives Speaker Paul Ryan, (R-WI), announced Wednesday that the Lower Chamber will vote later this month to make the individual tax cuts signed in December permanent. President Donald Trump signed the tax bill in December, but the tax cuts it outlined were set to expire […]
President Trump Signs National Defense Authorization Act The bill, formally named the John S. McCain National Defense Authorization Act, but referred to by President Trump as the National Defense Authorization Act will introduce thousands of new recruits to active duty, reserve and National Guard units and replace aging tanks, planes, ships and helicopters with more […]
Republican Tax Plans Include Making US Cuts Permanent $DIA, $SPY, $QQQ, $RUTX, $VXX Tax Reform 2.0 Republican plans to build on last year’s US tax legislation will include making individual and small business tax cuts permanent, expanding savings plans and giving breaks to start-up companies, according to documents released on Tuesday by the chief architect […]
Medical Marijuana Update Arkansas finally issued some cultivation licenses, Maine legislators override a gubernatorial veto to expand medical marijuana, Michigan adds more qualifying conditions, and more. Arkansas Arkansas Issues Cultivator Licenses. The state Medical Marijuana Commission has awarded cultivation licenses to five medical marijuana businesses. The move comes after an injunction blocking the move was […]
The Farm Bill Now Focused on Hemp US Hemp producers and several advocacy groups have agreed that legislation offered by Senate Majority Senator Mitch McConnell, (R-KY), could have a dramatic impact on the US Hemp industry. Hemp, predominantly used a fiber, is part of the cannabis family like marijuana. However, Hemp contains much lower levels […]
Medical Marijuana Update There is no joy in Idaho, a California bill to protect patients’ employment rights advances, Utah Democrats endorse medical marijuana, and more. Arkansas Last Friday a week, justices agreed to expedite the medical marijuana licensing case. The state Supreme Court has agreed to speed up its review of a ruling that has […]
Medical Marijuana Update A Maryland medical marijuana expansion bill aimed at addressing racial inequities is on the governor’s desk, there will be no joy in Tennessee this year, the Mormon Church opposes a Utah medical marijuana initiative, and more. Maryland On Monday, the legislature gave final approval to a medical marijuana expansion bill. The Senate Monday […]
Medical Marijuana Update Legislatures across our nation grapple with medical marijuana, as an Arkansas judge puts that state’s program on hold, and more. Arkansas Last Wednesday, an Arkansas judge put a hold on the state medical marijuana program. A state judge put the state’s program on hold because of objections to the licensing process, but was […]
New Farm Bill Moves to Legalize Hemp as Agricultural Product Monday, US Senate Majority Leader Mitch McConnell (R-KY) announced a bill to legalize the hemp industry by classifying it as an agricultural commodity. Senator McConnell announced the Hemp Farming Act of 2018, co-sponsored by Sens. Ron Wyden, (D-OR)., and Rand Paul, (R-KY), alongside Kentucky Agriculture […]
The $1.3-T Omnibus Bill is NOT a Federal Budget After 2 day’s of research on ‘The Art of the Deal’ The Big Q: Why is the Omnibus Spending Bill going no where? The Big A: It is NOT an official US Federal Budget. So, here we have it, US President Donald J. Trump outsmarted the […]
How That $1.3-T Omnibus Spending Bill Got Passed, Amazing! “All you need to know why this was a bad bill is to look at the roll call,” a Republican insider e-Mailed me Saturday. And, yes he is right. US President Donald Trump, faked a veto, then reluctantly signed the $1.3-M spending bill Friday. Now, a […]
This Omnibus $1.3-T Spending Bill, Much More of the Same The Big Q: Why is our President afraid of a government shutdown? Friday, our President reached out to the Democrats, gave them what they wanted (could never gotten under Hussein Obama) and sent an Olive Branch at Robert Mueller. And in return for what? Thus, […]
Trump Tax Reform 2.0 on Fast Track in Congress Republican lawmakers are looking to act a lot faster than expected to keep the new individual tax cuts from expiring in Y 2025, thus daring Democrats to put up a roadblock during a congressional election year. Incoming White House economic adviser Larry Kudlow added momentum to […]
Americans Now Know President Trump Has Cut Their Tax Bill America’s voters now believe that the Republican tax law will lead to their taxes being reduced, according to a poll released Tuesday by American Action Network. Last month, most Americans believed the tax law would raise their taxes, but that trend has now changed, even in […]
Hillary Clinton & The Clinton Foundation Now Under DOJ/FBI Investigations The US Justice Department (DOJ) has begun a new investigation into whether the Clinton Foundation engaged in pay-to-play politics or other illegal activities while Hillary Clinton was Barack Hussein Obama’s Secretary of State. Lead FBI agents in Little Rock, AK, where The Clinton Foundation is […]
US Economy Ready for an Investment Boom and Strong Growth $DIA, $SPY, $QQQ, $VXX We here at HeffX-LTN are optimistic about America’s economic future now that President Trump and GOP lawmakers have kept their promise of a sweeping tax reform. “I think the economy is on the verge, which you heard me say this, because of the […]
American Companies Counting Benefits from President Trump’s Tax Cuts $WFC, $GS, $AAPL, $GOOGL US Craft breweries are raising a glass to the Republicans’ new tax overhaul: It cuts the excise tax on beer. US Retailers, long saddled with heavy tax bills, will get relief. So will some high-profile names in corporate finance, led by Wells […]
GOP Tax Bill Shreds Barack Obamacare President Donald Trump declared victory for repealing Barack Obamacare in the Republican tax bill that was cleared the US Senate Wednesday. The bill eliminates a tax penalty for Americans who don’t carry health insurance, a pillar of the Affordable Care Act (ACA). Insurers warned that eliminating the requirement will […]
History Made: Senate Passes President Trump’s Tax Reform Early Wednesday, Republicans passed the most sweeping rewrite of our nation’s tax laws in more than 30 years. American taxpayer will love it when they see their paychecks in the New Year. President Donald Trump cheered in celebration of his Key legislative victory. The Senate passed the […]
President Trump’s Tax Reform Will Boost GDP, Wages and Add 340,000 Jobs The final GOP tax bill set for a House vote Tuesday, reportedly will boost GDP (gross domestic product) by 1.7%, lift wages by 1.5%, and add 340,000 full-time jobs to the US economy. The Tax Foundation analyzed the details of the final bill […]
DJIA Post Another Record, Investors See Tax Cuts Ahead $DIA, $SPY, $QQQ, $VXX The DJIA marked aother record high Monday, with banks and retailers surging and tech falling as investors realigned their portfolios in hopes of benefiting from expected corporate tax cuts. The S&P 500 ended with a small loss after hitting an intra-day all-time […]
Senate Republican’s Pass Historic Tax Reform Bill Trump Tax Plan Will Spark Investment Boom That Will Benefit Every American The great news is that President Trump, the Senate, and the House are moving in the right direction. The business tax cuts will generate an investment boom in the years ahead. The Senate and House bills […]
US Senate Takes Major Step to Sweeping Tax Reform $DIA, $RUT Late Wednesday, the US Senate took a step toward passage of tax legislation setting up a likely decisive vote later this week. Republicans spent the day working on the bill, which aims to cut taxes on corporations, other businesses and many individuals and families, […]
President Trump, “America Will Win Like Never, Ever Before President Donald Trump spoke about the GOP’s efforts to pass tax reform Wednesday, saying it will help the United States win again. “If we do this, then America will win like never, ever before,” President Trump told a crowd in St. Charles, Missouri. “Just three months […]
House of Representatives Pass ‘Sweeping’ Tax Reform Bill Bulls Take Control of Financial Markets $DIA, $SPY, $QQQ, $VXX The House of Representatives approved a package of tax cuts affecting businesses, individuals and families Thursday, moving Republicans and President Donald Trump an important step closer to the biggest tax code overhaul in a generation. The largely […]
White House’s Executive Order Will Weaken Barack Obamacare President Donald Trump’s White House staff have prepared an executive order that will weaken the requirement that all Americans have health insurance. Since the individual mandate cannot be repealed by President Trump alone, the new EO would expand the “hardship exemption” to the requirement that taxpayers provide […]
Hussein Obama ‘Aggravated’ as Legacy Shreds Before His Eyes Former US President Barack Hussein Obama said at an event in New York Wednesday it is “aggravating” to see lawmakers moving to unravel his one piece of legacy legislation; Barack Obamacare, aka the Affordable Care Act (ACA) “Those of you who live in countries that already […]
Democratic Lawmakers Align with President Trump on Key Issues President Donald Trump and Democrats align on adding a 3-month extension of the US debt limit and government spending to a hurricane-relief bill over the arguments of fellow Republicans, who pressed for a longer debt extension. Wednesday, President Trump, after meeting with Congressional leaders at the […]
President Trump Signs Milestone Vet Medical Care Bill Veterans groups applaud the bill being signed. President Donald Trump signed an emergency spending bill that will put $2.1-B into a program that allows veterans to receive private medical care at government expense. Trump, who made improving Veterans care a central campaign promise, signed the VA Choice […]
DOJ Sent FBI Key Points on Clinton-Lynch Phoenix Tarmac Meeting Former US Attorney General Loretta Lynch’s close aide at the Department of Justice (DOJ) suggested edits to the FBI about the high-profile meeting between Ms. Lynch and former President Bill Clinton last year. Ms. Lynch and Bill Clinton exchanged words in the DOJ jet on […]
Are Bill and Loretta Next? US President Donald Trump on Tuesday slammed the NY-T’s and the W-P after published e-Mails showed their reluctance to report the meeting last year between former President Bill Clinton and then-Attorney General Loretta Lynch on the tarmac at a Phoenix, AZ airport. Here is President Trump’s Tweet: Follow Donald J. […]
Medical Marijuana Update: Patients are Opting for CBD Instead of Rx Medication $POTN A recent study reveals at 40% of patients who consume high-CBD forms of cannabis stopped using traditional pharmaceutical medications and now use marijuana to treat their symptoms. The survey was conducted by Brightfield Group, a market research firm focused on the legal […]
Huma Abedin’s e-Mails Revealed, Judicial Watch Pushes Clinton Probe Judicial Watch says newly-obtained documents show examples of former Hillary Clinton adviser Huma Abedin, using a non-secure e-Mail account to transmit classified information. In a statement the conservative watchdog group said: “The documents included 91 Clinton email exchanges not previously turned over to the State Department, bringing […]
Russia Scandal Fake News, Clintons’ Had Real Russia Relationships White House Press Secretary Sarah Huckabee Sanders flipped Russia conspiracy questions during Tuesday’s press briefing, pointing to a lack of evidence against The Trump Administration and a host of evidence against Bill and Hillary Clinton. Ms. Sanders slammed media questions aimed at showing that there were […]
Media Hiding The Clinton’s Russia Connections Tuesday, Tom Fitton, Judicial Watch President said, that we must wonder how many donations were made by Russian connections to Hillary R. Clinton, basing his comments on a leaked e-Mail from her campaign concerning a story that was killed on the matter. “[There were] connections between all this Russian-connected […]
Medical Marijuana Update Florida gets sued over its “No Smoking” medical marijuana law, Maryland gets its 1st dispensary approved, West Virginia’s medical marijuana law goes into effect, and more. Florida Last Thursday, the state was sued over the no smoking provision in the medical marijuana law. Orlando attorney John Morgan, the mastermind and chief funder […]
Will The UK Walk Away From The EU Without Any Bill? Hardline Brexiteers have claimed they will get a good deal from the EU without making many concessions and have said it is perfectly possible to walk away without a deal whatsoever. Ms May ramped up the rhetoric earlier this week when she claimed Mr Juncker […]
Medical Marijuana Update Despite everything, Attorney General Sessions has medical marijuana on his mind, Florida lawmakers approve a no-smoking medical marijuana implementation bill, Vermont’s governor signs a medical marijuana expansion bill, and more. National Monday, it was reported that Attorney General Sessions asked Congress to let him go after medical marijuana. Attorney General Sessions sent […]
Medical Marijuana Update The Veterans Administration Secretary hints at openness to medical marijuana for PTSD, Arkansas regulators are ready to accept applications, Florida lawmakers are ready to move forward on implementing the will of the voters, and more. National Last Wednesday, the VA secretary said he’s open to medical marijuana for PTSD. Department of Veterans […]
Medical Marijuana Update US Senators Dianne Feinstein and Chuck Grassley file a CBD research bill, Detroit has been moving against unpermitted dispensaries, and more. National Last Thursday a week, a pair of prohibitoinist senators filed a CBD research bill. Two of the Senate’s most ardent prohibitionists, International Narcotics Control caucus leaders Sens. Dianne Feinstein (D-CA) […]
‘Sanctuary Cities’ Now Banned in Texas Late Sunday, Texas Gov. Greg Abbott signed a ban on “sanctuary cities” that now allows police to ask about a person’s immigration status and threatens sheriffs with jail if they do not cooperate with federal authorities. He signed the bill over strong opposition from immigrant-rights groups and Democrats, who […]
House Votes to Repeal & Replace Barack Obamacare Thursday in the US House of Representatives, The Trump Administration scored a major victory, as the GOP lawmakers passed legislation that will repeal and replace Barack Obamacare by a 217-213 vote tally. The 1st step in the process of dismantling former President Barack Hussein Obama’s healthcare law […]
Medical Marijuana Update Open enrollment is now underway for Maryland patients, regulatory bills are advancing in Florida and Montana, and more. Florida Last Monday, a medical marijuana regulation bill won a House committee vote. The House Health and Human Services Committee approved House Bill 1397, which aims to regulate the state’s voter-approved medical marijuana system. […]
Medical Marijuana Update Arkansas and North Dakota are moving toward enacting their voter-approved medical marijuana laws, Oklahoma and Wisconsin see CBD Cannabis Oil bills signed into law, +++. Arkansas Last Tuesday, state regulators finalized the medical marijuana rules. The state Medical Marijuana Commission gave final approval to rules governing dispensaries and cultivation facilities. The rules […]
Medical Marijuana Update Arkansas’ governor signs a package of medical marijuana regulation bills, a West Virginia medical marijuana bill is just a vote away from final passage, and more. Arkansas Last Monday, the governor signed into law a dozen medical marijuana-related bills. Gov. Asa Hutchinson has signed into law a dozen bills aimed at regulating […]
No Timeframe Set Yet for the New Healthcare Bill Marc Short, the White House director of legislative affairs, said there is no deal imminent for a new GOP healthcare plan. But, that a consensus is developing and called reports that the White House was ready to release a legislative text of an updated healthcare proposal […]
Medical Marijuana Update A package of implementation bills is moving in Arkansas, Florida Republicans use an implementation bill to try to impose restrictions on the voter-approved medical marijuana law, and more. Arkansas Last Thursday, A package of “fix” bills were moving. The Senate sent two medical marijuana bills to the governor’s desk, while the House […]
Nancy Pelosi, “I Was Ready to Go Home If Hillary Had Won, Now…” …I am going to be ‘Sent Home’” It is clear than since Donald Trump’s election to the US Presidency, and Hillary was sent packing, the leadership of the Democratic party has crumbled to dust. House Minority Leader Nancy Pelosi was ready to […]
Barack Obamacare Scuttled, House Panel OK’s GOP Health Bill House Republicans scored a pre-dawn triumph Thursday in their effort to scuttle former President Barack Hussein-Obama’s healthcare overhaul. After 18 hours of debate and majority party-line votes, Republicans pushed legislation through the Ways and Means Committee abolishing the tax penalty Obamacare’s statute imposes on people who […]
Republican Senators Aim to Strip Aid to Palestinians US Senator Marco Rubio (R-FL) and 10 other GOP lawmakers re-introduced legislation Wednesday to strip US aid to the Palestinian Authority due to its support of terrorism. “It’s unacceptable that our taxpayer dollars are still being used by the Palestinian Authority to pay terrorists who have Israeli […]
US Congress Planning Targeted Legislation Against the US and Iran $BA The Republican leadership on the Hill is waiting for President Donald Trump to take the lead US Representatives plans to vote on a resolution this week that will condemn the UN for its targeting of Israel, its leadership has already planned additional measures sure […]
US Congress Passes Funding Bill, Government Shutdown Averted The US Congress approved a stop-gap funding bill Wednesday that averts a looming federal government shutdown and provides urgently needed money to help battle an outbreak of the Zika virus. Passage of the bi-partisan legislation came shortly after Republicans and Democrats ended its fight over whether Washington […]
UAE Concerned About US House Passing 9/11 Bill The House bill will allow the families of 9/11 victims to sue Saudi Arabia in US courts The UAE has expressed concern about the US Congress passing the ‘Justice Against Sponsors of Terrorism Act’ last week. The House bill, passed last Friday, will allow the families of […]
Donald Trump, “Hillary Speaks, Bill Sleeps” Donald Trump’s campaign released a video Friday showing former President William Jefferson “Bill” Clinton dozing off during his wife’s speech Thursday night at the Democratic National Convention. “Even Bill is tired of the lies, SAD!” Trump said in an Instagram post that featured the new ad. With loud circus […]
Former US President Bill Clinton Crashed the Housing Market The way to trading and business riches is simple “Buy low, Sell high.” Donald Trump has been very good at buying low and selling high, and it helps account for his success in business. Last week the Democratic front-runner, Hillary Clinton painted that a crime. While […]
Donald Trump Exposing Checkered Past of Hillary & Bill Clinton Conservative Radio’s Rush Limbaugh says bringing up Bill Clinton’s sordid “legitimate past” is a responsibility Donald Trump is taking on to educate millennial voters. Donald Trump has new ads running that depict Bill Clinton as a rapist, and he used the word “rapist” to describe […]
Medical Marijuana Update Medical Marijuana for veterans advances in the Senate, Pennsylvania is set to become the 24th Medical Marijuana state, things are busy in Ohio, and more. National On Thursday, a Senate committee approved veterans’ access to medical marijuana. The Senate Appropriations Committee passed a bipartisan amendment Thursday, 20 to 10, allowing Veterans Administration (VA) doctors to […]
