Hmmm... the page you're looking for isn't here. Try searching above.- LifestyleMarketWatch
We want to retire in a place with a low cost of living, no humidity and no colder than 50 degrees — I freeze easily! Where should we go?
A low tax burden would be beneficial, but not crucial. The South has the winter temperatures you want but is hot and humid in the summer. The MarketWatch “where should I retire” tool tells me you are headed to the Oregon coast, to a few spots in California or possibly to New Mexico.
- WorldBusiness Insider
A pilot recruit was blindfolded and strapped to a target as fighter jets fired on him in a brutal hazing ritual, says legal complaint
His fellow pilots fired on the terrified French airman for 20 minutes of the incident in March 2019, according to the man's lawyers.
- PoliticsBloomberg
Yellen Says Debt-Limit Measures Could Be Exhausted in Summer
(Bloomberg) -- Treasury Secretary Janet Yellen said the department’s fiscal tools to keep the national debt from breaching its congressionally mandated limit may be exhausted as soon as this summer, which would be earlier than some analysts are expecting.“There are scenarios in which, you know, sometime during the summer the extraordinary measures would run out,” Yellen said Friday during a press briefing at the White House.The current suspension of the U.S. borrowing limit expires July 31, and the Treasury Department on Wednesday cautioned that if Congress fails to act, the administration would have to shift federal funding to make good on debt payments.Yellen’s comment is more specific than Treasury’s warning on Wednesday that the agency was “evaluating a range of potential scenarios, including some in which extraordinary measures could be exhausted much more quickly than in prior debt limit episodes.” It’s also earlier than the October target that some analysts had penciled in.Read more: Yellen Faces U.S. Debt-Limit Dance, With Covid ComplicationsThe latest comments could put additional pressure on lawmakers to raise or suspend the ceiling before it returns following a two-year suspension. While the Treasury has options to keep paying interest on debt for a time -- such as redirecting money from federal retirement funds -- legislative action will be vital.With about $300 billion of so-called extraordinary measures available, strategists from Bank of America, Wrightson ICAP and Barclays estimate the government can remain funded into the fourth quarter. The Bipartisan Policy Center also expects the drop-dead date to arrive in the fall.Tail RiskThe risk that Treasury will exhaust its toolkit sooner rather than later “is pretty far out in the tail, but it’s not inconceivable,” said Lou Crandall, chief economist at Wrightson ICAP. “If the ramp-up of Treasury spending is slower than expected, some of the cash that we expect to go out from late May through July might get pushed back into August, which would chew up the Treasury’s resources very quickly.”“It is far more likely that the Treasury will have enough cash to operate well into the fourth quarter,” Crandall said.The ceiling was suspended under a 2019 agreement between the Trump administration and Congress. It’s been a political football in the past because voting for an increase can invite political attacks over ramping up the debt burden for future generations.Yellen will need Congress to refrain from political brinkmanship and avoid any disruption -- at worst a default or government shutdown -- that would undermine the recovery from the pandemic.Navigating the debt limit debate is also a test of unity within the Democratic Party. With slim majorities in both chambers of Congress, Democrats are widely expected to raise the debt ceiling using a fast-track budget tool enabling them to bypass a Senate Republican filibuster. That would deprive the GOP of being able to use the debt ceiling as leverage in exchange for spending cuts.Yet pushing through a debt-limit increase using that tactic could mean wrapping it together with a raft of spending and tax measures that follow through on Biden’s longer-term economic proposals.That in turn means Democrats would have to unify behind a grand compromise in the weeks after the Aug. 1 end of the debt limit suspension, before Treasury measures run out.(Updates with analyst’s comment in seventh paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
- CelebrityYahoo Life
Eva Longoria rocks red bikini in sexy tribute to 'Desperate Housewives'
The former "Desperate Housewives" star paid sexy tribute to her old character.
- U.S.In The Know
American teen shares her biggest ‘culture shocks’ from attending an Australian high school: ‘I can’t get over [it]’
A teen is going viral after sharing the biggest culture shocks she faced in Australia.
- U.S.HuffPost
After Hundreds Of Arrests In Sprawling Capitol Hunt, The FBI Just Made A Pretty Big Mistake
The bureau searched the home of an Alaskan Trump supporter they mistook for the woman who grabbed a laptop from Nancy Pelosi's office.
- U.S.Complex
14-Year-Old Florida Girl Questions School's Dress Code After Teacher Called Her Outfit Too Revealing
14-year-old Florida girl Alice Wagner has taken a stand against her school after her teacher accused her of wearing inappropriate clothing to class.
