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In a string of tweets on Monday morning, President Donald Trump further denied allegations made in a New York Times report that he had not paid income taxes 10 of the past 15 years.Trump insisted on Twitter that he had paid "many millions of dollars in taxes" and that he was "entitled, like everyone else, to depreciation & tax credits."According to The New York Times, which claimed to have obtained two decades of Trump's returns, the then-real estate mogul leveraged hundreds of millions of dollars that he earned from hosting "The Apprentice" into several expensive projects that have resulted in massive losses. The Times reports that while Trump said in a 2018 public filing that he made 4.9 million in revenue, his tax records indicate he lost .4 million that year. Trump then used those losses to avoid paying income taxes, the Times reports.The Times also reported that Trump paid just 0 in income taxes in 2016 and 2017, and is "personally responsible for loans and other debts totaling 1 million, with most of it coming due within four years."Trump argues that because of his "extraordinary assets," he, in fact, is "extremely well leveraged.""I have very little debt compared to the value of assets," Trump tweeted.Prior to publishing its reports, The New York Times says Trump Organization lawyer Alan Garten claimed that “most, if not all, of the facts appear to be inaccurate.” During a press conference at the White House on Sunday, Trump called the Times report "fake news." 1516

In California’s Coachella Valley, people are concerned about catching the novel coronavirus.“They’re scared; they’re freaking out,” said Jorge Garcia, who contracted the virus. “I was scared at first because you hear a lot of stories that people don’t make it, they get really sick.” A lot of people in the desert community, located about two hours east of Los Angeles, are getting sick.Local county health officials report more than 36,000 confirmed cases of coronavirus in the area and more than 680 deaths.Now, health experts say there aren't enough doctors and nurses to handle the spike in cases.“At one point we had over 90 patients in the hospital with COVID,” said Alan Williamson, MD, Chief Medical Officer at Eisenhower Health in Rancho Mirage, Ca. “I think we had about three beds available at our peak.”Williamson says his staff is overworked and pushed to its limits. And that bringing in traveling nurses to help lighten the load is no longer an option.“Because of national nature of this pandemic, all of those resources were basically tapped out,” he said.Now, help is on the way from the United States military.“The Department of Defense is committed to this fight,” said U.S. Army Major General Mike Stone, who is helping lead a joint military team to help civilian hospitals fight COVID-19.“We’re tailoring the force,” he said. “We’re giving exactly what’s required where it’s needed on the frontlines to save people’s lives.”To help slow the spread of this virus and provide relief for staff, Stone says the Department of Defense has sent nearly 600 health care workers from different branches of the military to support almost two dozen hospitals in California and Texas.“There is a lot of need and if we can save a life, that’s why we’re there,” he said.The cost of this mission has not been totaled, but Stone says the price is well worth it, as the military shows its commitment to the country.“When the chips are down, America always pulls together,” he said. “We’re here for however long it takes.” 2032

Housing and rates are worrying some economists that a recession is looming."One of the biggest concerns is the housing market," said Lindsey Piegza, chief economist for Stifel, on CNNMoney's "Markets Now" live show Wednesday. "It's throwing up a very large red flag and suggests maybe this 4% growth we saw in the second quarter is not sustainable."Home sales?have declined in four of the past five months as housing prices have grown -- but paychecks have remained stagnant. Many people can't afford to buy homes, and those who can are taking on a lot of debt to get into them.Piegza says that echoes what happened right before the Great Recession in 2008."We're not there yet, but this is what led us to the housing crash," she said.How could this happen again? Piegza believes that a decade of rock-bottom interest rates helped people forget about the dangers of borrowing too much."I don't know if we learned our lesson from the Great Recession," she said. "We are going back to a lot of the easy lending that we used to see."Although Piegza said a recession isn't necessarily imminent -- especially after quarterly growth just came in at the fastest pace in almost four years -- there are signs of waning momentum in the economy.Interest rates, for example, are starting to become a bad omen.The Federal Reserve, which finished up its two-day meeting Wednesday, is expected to raise its target rate two more times this year. Higher rates have boosted short-term US Treasury bond rates. But the longer-term bond rates haven't risen along with the shorter-term rates, because investors are growing wary about the economy over the long haul.With two more interest rate hikes planned, the Fed could boost short-term rates higher than long-term ones, inverting the so-called yield curve. An inverted yield curve has preceded every recession in modern history."We could easily be there by the end of the year," Piegza said. "I think we'll see pressure on the longer end by the end of the year, but the Fed will still be raising rates on the short end."Fed Chairman Jerome Powell has said that he is not concerned about an inverted yield curve. Piegza strongly disagrees."It is a predictive measure of a recession," she said. 2266

House Intelligence Chairman Devin Nunes' dispute with Depuity Attorney General Rod Rosenstein and FBI Director Christopher Wray appeared to de-escalate Wednesday after Nunes was given access to the document that kicked off the FBI's investigation into the Trump campaign and Russia.Nunes had been threatening to hold Rosenstein and Wray in contempt -- and to potentially impeach them -- if the Justice Department didn't cooperate with his committee amid stepped-up congressional Republican criticism of Rosenstein as President Donald Trump considers whether to fire him.A Justice official told CNN that Nunes and Republican Rep. Trey Gowdy of South Carolina went to the Justice Department on Wednesday to view the document, known as an electronic communication, which details the origination of the counterintelligence investigation into Trump's team and Russia that began in July 2016. The official said the document was no longer redacted, except for "narrowly tailored" redactions to protect the name of a foreign country and foreign agent that, if revealed, could undermine "the trust we have with this foreign nation."The Justice Department also made 1,000 pages of classified materials available to the full House Intelligence Committee, the official said, which the department believes "substantially satisfied" Nunes' August 2017 subpoena.Nunes disagreed with that characterization, saying the committee's subpoenas "remain in effect," but he also had kind words for Rosenstein."Although the subpoenas issued by this Committee in August 2017 remain in effect, I'd like to thank Deputy Attorney General Rosenstein for his cooperation today," the California Republican said in a statement.Nunes' comments were a stark change from his position 24 hours ago."Well, I can just tell you we're not just going to hold in contempt -- we will have a plan to hold in contempt and to impeach," Nunes said in a Fox News interview Monday.But Rosenstein isn't out of hot water on Capitol Hill yet, as Republicans on the Judiciary and Oversight committees have also slammed him over failing to provide documents related to the FBI's handling of the Hillary Clinton email investigation.Senior Republicans on the key committees in the House bluntly warned that it was time to hold the senior officials in contempt."I would certainly support that," Rep. Peter King, an ally of Trump's who sits on the House Intelligence Committee, told CNN earlier Wednesday when asked about holding Wray and Rosenstein in contempt. "We need these documents and they won't give them to us. They've been stonewalling us for a year on one document after another."Congressional action against Rosenstein, who appointed special counsel Robert Mueller and has the authority to fire him, could add to Trump's ire toward the deputy attorney general. And if the House were to take aggressive action against Rosenstein, it could give Trump cover to fire the deputy attorney general, who is ultimately in charge of the Mueller investigation.In addition to Nunes' demand, House Judiciary Chairman Bob Goodlatte, a Virginia Republican, has subpoenaed the Justice Department demanding a wide range of documents about the FBI's handling of the Clinton email investigation in 2016. In response, the department delegated dozens of more staff to comply with the request and named a US attorney from Utah, John Lausch, to oversee the document production.Still, Republicans say the response has been paltry, giving ammunition for Trump to go after Rosenstein."Absolutely," Rep. Mark Meadows, a North Carolina Republican and close Trump ally who sits on the House Oversight Committee, said when asked if Rosenstein and Wray should be held in contempt. "At this particular point, they have not complied with a subpoena. They should be held in contempt."Meadows, who met with Lausch on Monday, said: "They can't tell us how many documents they're going to deliver, when they're going to deliver it, how they'll redact it. Those are three questions that they've had five months to answer and they can't answer it. It's appalling."While Republicans have been threatening to hold Rosenstein and Wray in contempt of Congress if they don't cooperate with both the House Intelligence and House Judiciary committee subpoenas for documents, Nunes' comments appeared to be the first to suggest impeachment.Meadows said the first step would be for Congress to hold Rosenstein and Wray in contempt, and impeachment could follow if the documents still aren't produced. "It would be the first step you hold them in contempt, then you have other tools in the toolbox if you do not get the documents," he said. "But it is certainly on that path to impeachment."CNN reported Tuesday that Trump is considering firing Rosenstein in the aftermath of the FBI raid of the office of his personal lawyer, Michael Cohen.The top Democrat on the House Intelligence Committee, Rep. Adam Schiff of California, said Wednesday that the threat from the GOP serves "insidious purposes: to intimidate DOJ and FBI, to provide the President with a pretext to fire Deputy Attorney General Rosenstein and FBI Director Wray, and to undermine special counsel Mueller's investigation."A GOP leadership aide said Nunes has not spoken to House Speaker Paul Ryan yet about the possibility of moving to hold Wray or Rosenstein in contempt.Nunes had given the Justice Department a Wednesday deadline to provide an unredacted copy of the document, saying what they had previously provided in redacted form was not sufficient.Still, firing Mueller or Rosenstein would prompt a backlash from many Republicans on Capitol Hill, who have publicly cautioned Trump against taking steps against the special counsel's investigation.King, a New York Republican, said while he supports holding Wray and Rosenstein in contempt if they don't turn over the documents, he was opposed to any effort that would oust them because of the Pandora's box it would open with the Mueller investigation."There's the consequences of Rosenstein that would open up. It would just create a firestorm," King told CNN. "Whether it's right or wrong to do it, the fact is it would create a firestorm that doesn't make it worthwhile." 6222

In an effort to limit COVID-19 exposure and new transmissions, authorities in China are ordering food importers to avoid frozen food “from areas with severe epidemics.”The country’s Foreign Trade Operations Office released a statement Monday citing cluster infections that continue to occur from frozen food items that test positive for the coronavirus. The statement does not list specific countries, and asks companies to stay up-to-date on “key epidemic areas.”In August, a city in China warned food importers that a “surface sample of frozen chicken wings” from Brazil tested positive for the coronavirus.In June, Chinese authorities said they found heavy traces of coronavirus in meat and seafood areas of a large wholesale food market in Beijing, after an outbreak of new cases.Earlier this month, China said it would suspend imports from companies overseas if their frozen foods test positive for coronavirus. Media outlets report China has already taken steps to ban imports from some meat processing plants.Their release on Monday puts responsibility on food importers in China to “establish and improve the early warning and reporting mechanism for preventing the import” of the coronavirus.The CDC and the World Health Organization say the chances of catching the coronavirus from food is low.“Currently, there is no evidence to suggest that handling food or consuming food is associated with COVID-19,” the Centers for Disease Control and Prevention states on their website.However, they continue by stating it is possible a person could touch a surface that has the virus on it and then touch their mouth or nose, potentially spreading the virus.The CDC recommends safe food practices like washing hands after touching food packaging and food products, and cooking meat thoroughly. 1802

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