Trump freezes Obama’s last-minute $221 million gift to Palestinians

Former President Barack Obama with PA leader Mahmoud Abbas in 2013. /AP

 

A payment of $221 million to the Palestinian Authority (PA) that was authorized in the final hours of Barack Obama’s presidency has been frozen by the Trump administration.

Just hours before President Donald Trump took the oath of office, then-Secretary of State John Kerry formally notified Congress that State would release the $221 million to the PA. Continue reading

150 Days: Treasury Says Debt Has Been Frozen at $18,112,975,000,000

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(CNSNews.com) – The portion of the federal debt that is subject to a legal limit set by Congress closed Monday, August 10, at $18,112,975,000,000, according to the latest Daily Treasury Statement, which was published at 4:00 p.m. on Tuesday.

That, according to the Treasury’s statements, makes 150 straight days the debt subject to the limit has been frozen at $18,112,975,000,000.

$18,112,975,000,000 is about $25 million below the current legal debt limit of $18,113,000,080,959.35. Continue reading

The next few days will transform Greece and Europe

As it turns out, the Greek crisis ends not with a bang, but with a referendum.

It has been easy to ignore the doings in Greece for the past few years, with the perpetual series of summits in Brussels that never seem to resolve anything. But it’s time to pay attention. These next few days are shaping up to become a transformational moment in the 60-year project of building a unified Europe. We just don’t yet know what sort of transformation it will be.

Whatever the exact phrasing of the question (and assuming the referendum goes forward as planned), it really boils down to this simple choice: Continue reading