sprj Pakistan Captures Top Al-Qaida Leader

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Qeud Existing U.S. home sales fell in August, price growth slows
Treasury Secretary Janet Yellen testified before a House Appropriations Committee on Monday as she continues to make assurances that the banking system is safe.Watch the hearing in the player above.Yellen projected calm on Tuesday after recent regional bank collapses but told a gathering of bankers that additional rescue arrangements could be warranted if any new failures at smaller institutions jeopardize financial stability.Yellen, who made her remarks at the American Bankers Association, said that overall the situation is stabilizing.And the U.S. banking system remains sound, Yellen said, drawing clear differences between recent events and the 2008 financial meltdown, which triggered trillions of dollars of fi stanley cup nancial losse stanley cup s globally.This is different from 2008, she said. 2008 was a solvency crisis, rather what we ;re seeing now is contagious bank runs.Yellen remarks come after a series of troubling bank developments this month.Silicon Valley Bank, based in Santa Clara, California, failed on March 10 after depositors rushed to withdraw money amid anxiety over the bank health. It was the second-largest bank collapse in U.S. history. Regulators convened over the following weekend and announced that New York-based Signature Bank also had failed. They said that all depositors at both banks, including those holding uninsured funds stanley cup , those exceeding $250,000, would be protected by federal de Moot Iraq prime minister orders probe after two protesters killed in clashes
As the Biden administration and Republicans negotiate a possible infrastructure spending package, how to pay for it has been a key sticking point.President Joe Biden and Democrats in Congress want to raise taxes on the rich, while some Republica salomon ns have been pushing for an increase in the gas tax 鈥?which would be the first in 28 years. A bipartisan group of senators recently crafted a compromise bill that would pay for just under US$1 trillion in spending on rail, roads and bridges over five years in part by indexing the gas tax to inflation. D stanley cup emocrats call this regressive because it would raise taxes on working Americans.As the director of energy studies at the University of Floridas Public Utility Research Center, hoka Ive studied both taxes on energy and how the government spends money on infrastructure.Throughout the gas taxs controversial history, leaders have frequently called upon this revenue source when serious infrastructure investment is needed.The first 40 yearsThis resilient levy is a major source of U.S. funding for roads and transit today. It originated during the Great Depression as a temporary penny-per-gallon gasoline tax. At the time, a gallon cost about 18 cents, or about $2.90 in 2021 dollars.As he signed the Revenue Act of 1932 into law, President Herbert Hoover lauded the willingness of our people to accept this added burden in these times in order impregnably to establish the credit of the federal government. The original gas tax, an emergency measure int