Kamala Harris to propose $50,000 tax break for small businesses
CBSN
Vice President Kamala Harris, the Democratic presidential nominee, is set to propose policies she hopes will help spur small business creation across the U.S., according to a campaign official.
For one, she wants to expand the small business tax credit tenfold — from $5,000 to $50,000 — to help startups cover the average $40,000 it costs to launch an enterprise. She's also setting a goal of receiving 25 million new small business applications in her first term, up from the record 19 million that were filed under the Biden-Harris administration.
Details of the plan to benefit small business are expected to be unveiled in a speech by Harris in New Hampshire Wednesday.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
Alex Ovechkin has tied Wayne Gretzky's NHL goals record by scoring the 894th of his career.
A 39-year-old DACA recipient and married father of three from Kansas City, Kansas, was deported last month after he left the U.S. and traveled to Mexico to visit his grandfather's grave, according to a federal lawsuit filed Wednesday.
South Korea discovered and seized two tons of cocaine hidden aboard a Norwegian-flagged vessel, authorities told AFP on Friday, marking the country's largest drug bust to date.
The Trump administration on Friday said it accidently told some Ukrainians refugees they needed to leave the U.S. immediately because their legal status was being revoked, telling CBS News the message was sent by mistake.
When announcing his latest round of tariffs on April 2, President Trump veered into the subject of eggs, noting that prices "dropped now 59%, and they're going down more, and the availability is fantastic."
The Trump administration has decided against implementing a proposal for Medicare and Medicaid to cover weight loss drugs, the Centers for Medicare and Medicaid Services said in a filing published Friday by the agency.
The Trump administration's sweeping cuts to the federal bureaucracy have included slashing a little-known government agency that channels grant money to America's libraries — a potentially crippling interruption to a funding lifeline for libraries around the country.
More employees at the National Institutes of Health are expected to be laid off in the coming days, multiple federal officials say, less than a week after an initial wave of cuts gutted many offices within the health research agency.
Theodore McCarrick, a once-powerful Catholic cardinal who was defrocked by Pope Francis in 2019 after a Vatican investigation determined he sexually molested adults and children, died Friday, according to Archbishop of Washington Robert McElroy. McCarrick was 94.
Elon Musk and the Department of Government Efficiency say they're using their access to the Social Security Administration data not only to investigate claims of waste and fraud, but also to examine claims that immigrants are abusing the system — even though undocumented immigrants contribute more to Social Security than they take.
Washington — A federal judge on Friday rejected an effort by the Justice Department to throw out a Tufts University Ph.D. student's challenge to her detention after she was taken into custody by immigration authorities or have her case moved to Louisiana, finding instead that her case should be transferred to Vermont.
NATO's top official says Russia needs to move more quickly to end the war in Ukraine, and he's been told by the U.S. that Moscow must "do more."
SpaceX Fram2 crew splashes down off California coast to close out historic trip around Earth's poles
A wealthy space tourist and three fellow adventurers plunged back to Earth aboard a SpaceX Crew Dragon capsule Friday, splashing down in the Pacific Ocean off the coast of southern California to close out the first crewed flight around Earth's poles.