From Bloomberg's Angela Greiling Keane: According to the Center for Immigration Studies (which opposes liberalizing immigration), there were 42.1 million immigrants, both legal and undocumented, living in the United States in 2015.
Bloomberg colleague Bill Faries writes: This is essentially the Obama administration's current policy. While military officials say Islamic State's foothold in Iraq and Syria is shrinking, the terrorist group's ability and determination to stage or inspire attacks from Brussels to Orlando has only grown. And Clinton didn't say what she would do in Syria, where U.S.-backed rebels have struggled in a battle with ISIS, the al-Qaeda-linked Nusra Front and Syrian President Bashar al-Assad's Russian-backed military.
From Angela Greiling Keane: Sales of autos in the U.S. set a record in 2015 of 17.5 million cars and light trucks.
Sahil Kapur writes: Clinton is correct that she's never called for eliminating the Second Amendment, and the gun control proposals she has endorsed, such as mandatory background checks, are permissible under Supreme Court precedent. Clinton has, however, come out against a 2008 Supreme Court ruling that expanded gun rights by finding an individual right to possess a firearm for self-defense in the home.
Angela Greiling Keane writes: The nonpartisan Congressional Budget Office, in an analysis of the leading immigration reform bill in 2013, found it would increase spending by $262 billion over 10 years while increasing revenue by $459 billion over the same time period.
From Lynnley Browning and John Voskhul: There's evidence that in 2015 at least, individuals with the highest incomes paid significantly higher tax rates than others. The top 1 percent of the wealthiest taxpayers, with an average annual income of $2.1 million, had an average federal income tax rate of 33.4 percent that year, according to the Urban-Brookings Tax Policy Center. Within that group, the top 0.1 percent, who had average annual income of $9.4 million, paid 34.9 percent.
Those rates compare with an average federal income tax rate of 13.1 percent for about 33.4 million taxpayers in the middle fifth of incomes -- a group that had an average annual income of $59,484, according to the tax policy center. The bottom fifth, or those with an average annual income of $12,939, paid 3.6 percent.
Regardless, Clinton's proposed tax increases focus on those with high incomes: a 4 percent surtax on incomes over $5 million; a minimum 30 percent tax rate on individuals earning more than $1 million; raising the tax rates on capital gains for investments held less than six years to between 24 percent and 39.6 percent; and increasing the top estate-tax rate to 45 percent and applying it to estates worth $3.5 million or more.
After signing the Declaration of Independence in July 1776, John Adams, Benjamin Franklin, and Thomas Jefferson set out to design an official seal for the United States. The seal, which features the motto "E pluribus unum," Latin for "out of many, one," was adopted in 1782. The motto itself was never adopted as official, however, and in 1956, Congress passed and President Dwight D. Eisenhower signed a law making "In God We Trust," of U.S. currency fame, the official national motto.
From Alex Wayne and Mike Shepard: Though it doesn't prove they "lost everything," at Trump's Taj Mahal casino in Atlantic City, more than 250 construction subcontractors weren’t paid in full or on time, according to New Jersey Casino Control Commission records released in 1990 that were reviewed separately by the Associated Press and USA Today. Trump and his daughter Ivanka told USA Today the claims of non-payment stemmed from dissatisfaction with the finished work. All three of Trump's casinos in Atlantic City have gone bankrupt, one of them twice--in 2009, and again in 2014.
From Brendan Greeley and Carlos Torres: According to the Bureau of Labor Statistics, since the month Barack Obama took his oath there has been a net gain of 10.6 million private-sector American jobs. Clinton seems to be referring to private-sector jobs created since the post-recession low of February, 2010--since then, 14.8 million new jobs have been created.
Absolute number of jobs is not a measure economists normally use, since it doesn't account for population growth or aging. The standard there is still the U-3 unemployment rate: people who don't have a job, but are looking. That was at 8.3 percent in January of 2009. It has improved to 4.9 percent now.
From Lynnley Browning and John Voskuhl: That's close, but not quite accurate, according to an analysis by the nonpartisan Committee for a Responsible Federal Budget. It found that over a decade, Clinton's tax proposals would raise about $1.2 trillion in new revenue, while her major spending proposals would cost almost $1.5 trillion. However, since that analysis, Clinton has announced a proposal to eliminate tuition at in-state public colleges and universities for families with annual incomes up to $125,000. The proposal is estimated to cost tens of billions of dollars annually. Clinton's campaign has said the additional cost would be covered by closing off certain tax advantages, especially those used by hedge funds and private equity firms -- but the details aren't clear.
From Lynnley Browning and John Voskuhl: That's close, but not quite accurate, according to an analysis by the nonpartisan Committee for a Responsible Federal Budget. It found that over a decade, Clinton's tax proposals would raise about $1.2 trillion in new revenue, while her major spending proposals would cost almost $1.5 trillion. However, since that analysis, Clinton has announced a proposal to eliminate tuition at in-state public colleges and universities for families with annual incomes up to $125,000. The proposal is estimated to cost tens of billions of dollars annually. Clinton's campaign has said the additional cost would be covered by closing off certain tax advantages, especially those used by hedge funds and private equity firms -- but the details aren't clear.
From Brendan Greeley and Carlos Torres: According to the Bureau of Labor Statistics, since the month Barack Obama took his oath there has been a net gain of 10.6 million private-sector American jobs. Clinton seems to be referring to private-sector jobs created since the post-recession low of February, 2010--since then, 14.8 million new jobs have been created.
Absolute number of jobs is not a measure economists normally use, since it doesn't account for population growth or aging. The standard there is still the U-3 unemployment rate: people who don't have a job, but are looking. That was at 8.3 percent in January of 2009. It has improved to 4.9 percent now.
From Alex Wayne and Mike Shepard: Though it doesn't prove they "lost everything," at Trump's Taj Mahal casino in Atlantic City, more than 250 construction subcontractors weren’t paid in full or on time, according to New Jersey Casino Control Commission records released in 1990 that were reviewed separately by the Associated Press and USA Today. Trump and his daughter Ivanka told USA Today the claims of non-payment stemmed from dissatisfaction with the finished work. All three of Trump's casinos in Atlantic City have gone bankrupt, one of them twice--in 2009, and again in 2014.
From Lynnley Browning and John Voskhul: There's evidence that in 2015 at least, individuals with the highest incomes paid significantly higher tax rates than others. The top 1 percent of the wealthiest taxpayers, with an average annual income of $2.1 million, had an average federal income tax rate of 33.4 percent that year, according to the Urban-Brookings Tax Policy Center. Within that group, the top 0.1 percent, who had average annual income of $9.4 million, paid 34.9 percent.
Those rates compare with an average federal income tax rate of 13.1 percent for about 33.4 million taxpayers in the middle fifth of incomes -- a group that had an average annual income of $59,484, according to the tax policy center. The bottom fifth, or those with an average annual income of $12,939, paid 3.6 percent.
Regardless, Clinton's proposed tax increases focus on those with high incomes: a 4 percent surtax on incomes over $5 million; a minimum 30 percent tax rate on individuals earning more than $1 million; raising the tax rates on capital gains for investments held less than six years to between 24 percent and 39.6 percent; and increasing the top estate-tax rate to 45 percent and applying it to estates worth $3.5 million or more.
Angela Greiling Keane writes: The nonpartisan Congressional Budget Office, in an analysis of the leading immigration reform bill in 2013, found it would increase spending by $262 billion over 10 years while increasing revenue by $459 billion over the same time period.