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A Big Wave of Cash (but With Dry Spots) for Democratic House Challengers

Frank LoBiondo, a moderate 71-year-old, 12-term congressman from an Obama district in southern New Jersey, is the sort of candidate whom the Democrats might reasonably hope to pressure into retirement with a strong challenge. But he won’t be feeling much pressure so long as his top opponent has a mere $9,486 in the bank. Over all, there are 11 districts (out of the 50 districts that ought to be most competitive, by our estimates) where the Democrats don’t have a candidate who raised $100,000. On average, those 11 districts are…

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Editorial: The Little Guys Win One on Payday Loans

Photo Credit Steve Hebert for The New York Times Since the federal Consumer Financial Protection Bureau opened its doors in 2011, the agency’s investigations and enforcement actions have returned more than $12 billion to auto buyers, homeowners, credit-card holders and other borrowers who were victimized by deceptive or predatory practices. Consumers who have been trapped in debt by the notorious payday lending industry will now get extra help from the bureau with a rule imposed this month. These lenders advertise as “easy” the short-term loans that come due in two…

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Right and Left React to the Trump Condolence Controversy

Photo A video frame of Myeshia Johnson over the coffin of her husband, Sgt. La David Johnson, who was killed in an ambush in Niger, upon his body’s arrival in Miami on Tuesday. Credit WPLG, via Associated Press The political news cycle is fast, and keeping up can be overwhelming. Trying to find differing perspectives worth your time is even harder. That’s why we have scoured the internet for political writing from the right and left that you might not have seen. Has this series exposed you to new ideas?…

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Fallen soldier's widow explains why Trump's call made her angry and sad

Joe Skipper | Reuters 2017Myeshia Johnson, wife of U.S. Army Sergeant La David Johnson, who was among four special forces soldiers killed in Niger, kisses his coffin at a graveside service in Hollywood, Florida. “The only way he remembered my husband’s name, because he told me he had my husband’s report in front of him. And that’s when he actually said, ‘La David.’ I heard him stumbling on trying to remember my husband’s name, and that’s what hurt me the most,” she said. “Because if my husband is out here…

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Trump Promises ‘No Change to Your 401(k)’ as House Considers a Contribution Cap

Photo President Trump said early on Monday that his proposed tax plan would not prompt any changes to Americans’ tax-deferred retirement plans. Credit Doug Mills/The New York Times WASHINGTON — President Trump said early on Monday that his proposed tax plan would not prompt any changes to Americans’ tax-deferred retirement plans, pushing back against reports that the Republicans are weighing a proposal that would significantly reduce the income workers can save in these popular programs. There will be NO change to your 401(k). This has always been a great and…

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Trump says there will be no change to 401(k) plans

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Senate presses ahead on $36.5 billion disaster relief package

Shannon Stapleton | Reuters People affected by Hurricane Maria fill up water jugs from a mountain drain near the municipality of Morovis, outside San Juan, Puerto Rico, October 10, 2017. The Senate is pushing ahead on a $36.5 billion hurricane relief package that would give Puerto Rico a much-needed infusion of cash. The measure also would replenish rapidly dwindling emergency disaster accounts and provide $16 billion to permit the financially troubled federal flood insurance program to pay an influx of Harvey-related claims. But it rejects requests from the powerful Texas…

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Why the Fact-Checking at Facebook Needs to Be Checked

Since the 2016 presidential campaign, Facebook has taken a number of actions to prevent the continued distribution of false news articles on its platform, most notably by labeling articles rated as false or misleading by fact checkers as “disputed.” But how effective are these measures? To date, Facebook has offered little information to the public other than a recent email to fact checkers asserting that labeled articles receive 80 percent fewer impressions. But more data is necessary to determine the success of these efforts. Research (including my own) suggests the…

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