The promise of philanthropy was that the wealthy could enjoy tax breaks for their charitable contributions. The pandemic laid bare how accumulation can trump getting money to those in need. A Senate bill aims to change that.
Senator Chuck Schumer, the Democratic leader, is lining up votes to build the case for defusing the procedural weapon, which Republicans have used to thwart the party’s agenda.
The U.S. Navy will reportedly request funding for eight new vessels in the next fiscal year budget, down from the twelve that had been sought in a Trump administration blueprint that called for the building of a vastly larger fleet of ships and submarines.
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