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Cindy McCain responds to reports that her family will endorse Joe Biden in 2020 race

Cindy McCain, the widow of late Sen. John McCain, R-Ariz., responded to the reports that her family will endorse former Vice President Joe Biden in the 2020 presidential election.

McCain tweeted Wednesday: “Joe Biden is a wonderful man and dear friend of the McCain Family. However, I have no intention of getting involved in presidential politics.”

Her daughter, “The View” host Meghan McCain retweeted the remarks.

JOE BIDEN OFFICIALLY LAUNCHES 2020 PRESIDENTIAL BID

Biden officially announced his candidacy for president Thursday in a video message, capping off weeks of reports that he will join the crowded Democratic field. Biden unsuccessfully ran for president in 1988 and 2008.

McCain’s comment comes after a report in the Washington Examiner that said the McCain family would support Biden. The report cited sources close to the family.

“The source said they expected Meghan McCain to speak out in favor of Biden should he get the nomination, but a Cindy McCain endorsement could come sooner,” according to the Washington Examiner.

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During the 2016 presidential election, Sen. John McCain withdrew his support for then-candidate Donald Trump following the “Access Hollywood” tape. Trump recently criticized McCain by saying he was not “a fan” of the late senator. McCain died in August 2018 after a battle with cancer. Trump has made a habit of attacking McCain, even after his death.

Fox News’ Liam Quinn contributed to this report.

Source: Fox News Politics

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Oil dips on weak economic outlook, but OPEC-led cuts still support

FILE PHOTO: An oil pump jack pumps oil in a field near Calgary
FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd Korol/File Photo/File Photo

March 18, 2019

By Henning Gloystein

SINGAPORE (Reuters) – Oil prices dipped early on Monday, weighed down by concerns that a global economic downturn may dent fuel consumption.

However, crude markets remain broadly supported by supply cuts led by producer group OPEC and by aggressive sanctions by the United States against Iran and Venezuela.

Brent crude oil futures were at $67.03 per barrel at 0053 GMT, down 13 cents, or 0.2 percent, from their last close, but not far off the $68.14 per barrel 2019-high reached last week.

U.S. West Texas Intermediate (WTI) futures were at $58.37 per barrel, down 15 cents, or 0.3 percent, from their last settlement, and also not far off their 2019-high of $58.95 from the previous week.

“The greatest downside risk to our oil price view is demand weakness on slower economic growth. Our base case is that global oil demand will increase by 1.3 million barrels per day (bpd) in 2019… A synchronized global slowdown in growth could push global demand growth to below 1 million bpd,” analysts at Bernstein Energy said on Monday.

Despite this, oil prices have gained around a quarter since the start of the year amid U.S. sanctions against Iran and Venezuela, and as the Organization of the Petroleum Exporting Countries (OPEC) and non-affiliated allies like Russia – known as OPEC+ – have pledged to withhold 1.2 million bpd in supply to prop up prices.

Top crude exporter and OPEC’s de-facto leader Saudi Arabia said on Sunday balancing the oil market was far from done as inventories were still rising, signaling it may need to expand output cuts into the second half of 2019.

Russia also said production cuts would stay in place at least until June.

Analysts said the OPEC+ cuts would result in lower oil inventories.

“We expect inventories to draw with OPEC cuts coming into effect and supply disruptions elsewhere,” Bernstein Energy said in a note.

As a result, Bernstein forecast an inventory draw of 37 million barrels in the first quarter for the 36 member countries of the Organisation for Economic Co-operation and Development (OECD), which comprises most industrialized nations.

Key for the supply and demand balance of oil markets will be the United States, where crude production has soared by around 2 million bpd over the past year, thanks largely to an onshore boom in shale formation drilling.

But the number of rigs drilling for new oil production in the United States has been falling in 2019, and hit its lowest level since April 2018 last week, at 833 operating rigs.

U.S. crude oil production still increased at the start of 2019, hitting a record 12.1 million barrels per day (bpd) in February, but output has since dipped back to 12 million bpd, data from the Energy Information Administration (EIA) showed.

(Reporting by Henning Gloystein; editing by Richard Pullin)

Source: OANN

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China’s services activity quickens in March: official PMI

FILE PHOTO - A waiter prepares a table for service at Haidilao's new artificial intelligence hotpot restaurant in Beijing
FILE PHOTO - A waiter prepares a table for service at Haidilao's new artificial intelligence hotpot restaurant in Beijing, China, November 14, 2018. REUTERS/Jason Lee/File Photo

March 31, 2019

BEIJING (Reuters) – Growth in China’s services industry quickened in March, an official survey showed on Sunday, offering some respite for a slowing economy.

The official non-manufacturing Purchasing Managers’ Index (PMI) rose to 54.8 in March from 54.3 in February, well above the 50-point mark that separates growth from contraction.

The fast-growing services sector accounts for more than half of China’s economy and has helped buffer the impact of slowing manufacturing. But it softened late last year amid a cooling property market and faltering consumer demand for products from cars to mobile phones.

The composite PMI, which covers both manufacturing and services activity, edged up to 54 from February’s 52.4.

(Reporting by Beijing Monitoring Desk; Editing by Paul Tait)

Source: OANN

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U.S. net long dollars hit highest since late December: CFTC, Reuters

Illustration photo of a U.S. Dollar note
A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration

March 8, 2019

By Gertrude Chavez-Dreyfuss

NEW YORK (Reuters) – Speculators boosted their net long U.S. dollar position to its highest level since late December, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.

The value of the net long dollar position was $28.57 billion in the week ended March 5, compared with $23.84 billion the previous week. Net long dollar positioning has advanced for a fifth consecutive week.

U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars.

In a broader measure of dollar positioning that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian ruble, the U.S. dollar posted a net long position of $25.352 billion in the week ended March 5, compared with $23.524 billion.

The dollar had gained some momentum over the last two weeks, bolstered mainly by stronger-than-expected U.S. second-quarter economic growth and a dovish turn by the European Central Bank. The ECB on Thursday restarted its stimulus program by launching a new round of cheap loans to banks.

The dollar’s momentum, though, halted on Friday after a measly 20,000-job increase in domestic payrolls last month, far fewer than 180,000 forecast among analysts polled by Reuters.

That said, the dollar still ended this week on a positive note, rising nearly 0.9 percent despite cratering on Friday after the U.S. jobs report.

RBC Capital Markets remained positive on the U.S. dollar over the next three months.

“The Fed (Federal Reserve) is on hold, but the U.S. dollar is the highest yielder in G10,” said Elsa Lignos, global head of FX strategy at RBC in London. “In an environment where FX volatility is probing the lows, it is hard to ignore the argument of positive carry,” she added, referring to the carry trade in which investors sell lower-yielding currencies to buy higher-yielding units.

In the cryptocurrency market, speculators’ net short position on bitcoin Cboe futures further increased to 1,438 contracts in the week ended March 5, from 1,280 short contracts the previous week.

Bitcoin has started to creep higher to hit nearly $4,000 on Friday on the Bitstam platform, a two-week high.

(Reporting by Gertrude Chavez-Dreyfuss; editing by Sandra Maler and Jonathan Oatis)

Source: OANN

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Tennis: Barty beats doubles partner Azarenka to level Fed Cup semi-final

FILE PHOTO - Tennis: Miami Open
FILE PHOTO - Mar 30, 2019; Miami Gardens, FL, USA; Ashleigh Barty of Australia returns a shot back to Karolina Pliskova of the Czech Republic (not pictured) during the woman's finals at the Miami Open at Miami Open Tennis Complex. Mandatory Credit: Steve Mitchell-USA TODAY Sports

April 20, 2019

SYDNEY (Reuters) – World number nine Ashleigh Barty kept alive Australia’s hopes of advancing to their first Fed Cup final in 26 years when she beat former world number one Victoria Azarenka in the second singles of the tie against Belarus in Brisbane on Saturday.

Barty had some trouble in the first set against the two-time Australian Open champion and saved three break points at 5-5 to go on to win 7-6(2) 6-3 and level the tie at 1-1.

Aryna Sabalenka earlier gave Belarus a strong start to the tie when she beat former U.S. Open champion Sam Stosur 7-5 5-7 6-3 in two hours, 47 minutes.

“I knew the first set would be key,” Barty said of her match against her current doubles partner.

“I dug myself into a hole in that 5-5 game but I went back to what I do well and got out of it.

“For me it was just about me coming out and doing every thing right. I prepared really well all week.”

World number 10 Sabalenka looked completely out of sorts in the first two sets against Stosur, with both players struggling to hold serve.

Sabalenka, however, turned up her power game in the third and after establishing a 4-1 lead blew her first match point opportunity in the eighth game on Stosur’s serve when she blasted a backhand volley wide with the court open.

She raced out to a 40-0 lead in the next game and while Stosur saved her second match point, the Australian sent a backhand long on the next point that gave Belarus a 1-0 lead.

“It was an unbelievable match,” Sabalenka said. “She played so quick, I couldn’t touch the ball on her returns. You must fight for each point.

“I’m happy to have handled her level today.”

Australia captain Alicia Molik praised Stosur’s performance but also hinted that she may change her lineup for the reverse singles on Sunday, depending on how the 35-year-old recovers.

Australia are attempting to reach their first Fed Cup final since 1993. They have not won the title since 1974.

Belarus were beaten 3-2 by the United States in their only Fed Cup final appearance in Minsk in 2017.

(Reporting by Greg Stutchbury in Wellington; Editing by Sudipto Ganguly)

Source: OANN

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California bill aims to appoint public health official to determine vaccine exemptions

A California lawmaker recently proposed a bill that would put the decision to dole out a vaccine exemption in the hands of a state public health official – a move that has anti-vaccine supporters up in arms in a state that already has some of the toughest immunization laws in the country.

California state Sen. Richard Pan introduced late last month Senate Bill 276, which if approved would take the decision to grant vaccine exemptions out of the hands of doctors and put it under control of state health officials. Pan, who before turning to politics was a pediatrician, brought forth the legislation in response to reports that some doctors in the state are abusing their power and selling medical exemptions to parents.

“Medical exemptions have more than tripled since the passage of SB 277. Some schools are reporting that more than 20 percent of their students have a medical exemption,” Pan said in a statement. “It is clear that a small number of physicians are monetizing their exemption-granting authority and profiting from the sale of medical exemptions.”

Pan’s legislation also comes as the United States has seen a rise in the number of measles cases nationwide, with California being one of the hardest hit areas for the contagious, but preventable disease.

NYC MEASLES OUTBREAK: FIRST VACCINATION FINES, 4 MORE SCHOOLS SHUT DOWN

Health officials at the University of California, Davis Medical Center last month warned around 200 people about a potential exposure to the measles virus in its emergency room, and there are reports that travelers with measles have recently passed through Los Angeles International Airport – one of the nation’s busiest travel hubs.

The Centers for Disease Control and Prevention on Monday announced that measles outbreaks have continued to spike this year – putting 2019 on track to break a record for number of cases since it was declared eliminated in the U.S. back in 2000.

While Pan argues that the new measure would thwart fraud attempts by families and doctors, and keep communities in California safe from preventable diseases, anti-vaccine and pro-informed consent advocates have labeled the move “modern tyranny” and a move by California lawmakers to reach a 100 percent vaccination rate in the state.

A group of doctors, alternative healthcare practitioners and members of parental rights groups traveled on Wednesday to Sacramento to voice their anger and opposition to the bill, which was scheduled to be discussed in the Senate.

LAX TRAVELERS WARNED ABOUT POSSIBLE MEASLES EXPOSURE AGAIN 

“A law that prevents a doctor from using his professional judgement is immoral and dangerous,” Barbara Loe Fisher, the co-founder and president of the National Vaccine Information Center, told Fox News. “[Supporters of SB 276] are more concerned about achieving a 100 percent vaccination rate in California than they are about these children who are vulnerable of being injured or dying from a vaccine.”

Fisher did not attend the rally in Sacramento.

There have been cases in the past of children getting sick, and even dying, from being vaccinated, but according to public health records these cases are rare and for the vast majority of those immunized the only issues that arise – if any – are mild symptoms similar to the disease the vaccine is trying to prevent.

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The CDC reported that a serious allergic reaction and infection related to a vaccine occurs in one out of every million doses administered.

SB 276 is not the first piece of legislation in California to try to bring up the state’s vaccination rate.

In 2015, the state passed SB 277 – another piece on legislation led by Pan - that did away with the personal belief exemption from a list of approved reasons not to immunize a child. It is now mandatory for a child to be vaccinated to attend school in the state and parents cannot rely on the argument of religious or philosophical convictions to not inoculate their children.

Source: Fox News Politics

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WTA roundup: Anisimova, Sharma into final at Bogota

FILE PHOTO: Tennis: Miami Open
FILE PHOTO: Mar 20, 2019; Miami Gardens, FL, USA; Amanda Anisimova of the United States reaches for a backhand against Andrea Petkovic of Germany (not pictured) in the first round of the Miami Open at Miami Open Tennis Complex. Geoff Burke-USA TODAY Sports

April 14, 2019

Sixth-seeded American Amanda Anisimova overcame a slow start to rally past Brazilian qualifier Beatriz Haddad Maia 4-6, 7-6 (2), 6-2 on Saturday and reach the Claro Open Colsanitas final in Bogota, Colombia.

It will be the second career final appearance for the 17-year-old Anisimova, who hadn’t won on clay in two years before entering the tournament. She had 13 chances to break Haddad Maia through the first two sets but converted only one, then converted three of four in the final set to wrap up victory in 2 hours and 40 minutes.

In the final, Anisimova will face Australia’s Astra Sharma, who downed former Bogata champion Lara Arruabarrena of Spain 7-5, 6-1 to also reach her first career final. Sharma, 23, completed the victory in just 66 minutes, breaking Arruabarrena — the 11th seed, who reached the final in 2017 and 2018 after winning it in 2012 — four times in five chances.

Anisimova and Sharma have never faced each other in WTA play.

Samsung Open

Polish 17-year-old Iga Swiatek was nearly flawless in her semifinal against the Czech Republic’s Kristyna Pliskova, cruising to a 6-0, 6-1 victory in Lugano, Switzerland, to reach her first career final.

Swiatek needed just 54 minutes to claim victory, despite having to save seven break points on her own serve, including two in the final game before two match points. She converted five of eight opportunities on Pliskova’s serve, winning the first nine games of the match overall.

Opposing Swiatek in the final will be Slovenia’s Polona Hercog, who dispatched France’s Fiona Ferro 7-5, 6-4 in 92 minutes. Hercog is seeking the third title of her career and her first since July of 2012 (Swedish Open). Her only final appearance since that victory came last April at the Istanbul Cup.

–Field Level Media

Source: OANN

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Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of
Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of “Avengers: Endgame” in Los Angeles, California, U.S., April 25, 2019. REUTERS/Mike Blake

April 26, 2019

LOS ANGELES (Reuters) – Marvel Studios superhero spectacle “Avengers: Endgame” hauled in a record $60 million at U.S. and Canadian box offices during its Thursday night debut, distributor Walt Disney Co said.

Global ticket sales for the film about Iron Man, Hulk and other popular characters reached $305 million for the first two days, Disney said.

(Reporting by Lisa Richwine; Editing by Chizu Nomiyama)

Source: OANN

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Funeral of journalist Lyra McKee in Belfast
Labour Party leader Jeremy Corbyn attends the funeral service for murdered journalist Lyra McKee at St Anne’s Cathedral in Belfast, Northern Ireland April 24, 2019. Brian Lawless/Pool via REUTERS

April 26, 2019

LONDON (Reuters) – The leader of Britain’s opposition Labour Party, Jeremy Corbyn, said on Friday he had turned down an invitation to a state dinner which will be part of U.S. President Donald Trump’s visit to Britain in June.

“Theresa May should not be rolling out the red carpet for a state visit to honor a president who rips up vital international treaties, backs climate change denial and uses racist and misogynist rhetoric,” Corbyn said in a statement.

He said maintaining the relationship with the United States did not require “the pomp and ceremony of a state visit” and he said he would welcome a meeting with Trump “to discuss all matters of interest.”

(Reporting by Andy Bruce; Writing by William Schomberg)

Source: OANN

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Libyan Minister of Economy Ali Abdulaziz Issawi speaks during an interview with Reuters in Tripoli
Libyan Minister of Economy Ali Abdulaziz Issawi speaks during an interview with Reuters in Tripoli, Libya April 25, 2019. REUTERS/Hani Amara

April 26, 2019

By Ulf Laessing

TRIPOLI (Reuters) – Libya’s U.N.-recognized government has budgeted up to 2 billion dinars ($1.43 billion) to cover costs of a three-week-old war for control of the capital, such as treatment for the wounded, to be funded without new borrowing, the economy minister said.

Ali Abdulaziz Issawi suggested the government hoped for business to continue more or less as usual despite the assault on Tripoli, in the country’s northwest, by forces tied to a parallel administration based in the eastern city of Benghazi.

Once Africa’s third largest producer of oil, Libya has been riven by factional conflict since the fall of Muammar Gaddafi in 2011, with the country now broadly split between eastern-based forces under Khalifa Haftar and the U.N.-backed government in Tripoli, in the west, under Prime Minister Fayez al-Serraj.

Still, with Haftar’s Libyan National Army forces unable so far to pierce defenses in Tripoli’s southern suburbs, normal life and business activities continue in much of the capital and western coastal towns.

Issawi, in an interview with Reuters in his Tripoli office, also said Libya’s commercial ports and wheat imports were still functioning normally, although some roads have been blocked.

He said the Serraj government estimates it will spend up to 2 billion dinars extra on medical treatment for wounded, aid for displaced people and other “emergency” war costs.

He said this was not military spending but analysts believe that the sum will also cover expenditures such as pay for allied armed groups or food for fighters.

“We could actually spend less,” he added, in comments that gave the first insight into the economic impact of the fighting.

Issawi said the Tripoli government, which controls little territory beyond the greater capital region, would not incur new debt to fund the war costs, sticking to a plan to post a 2019 budget without a deficit.

Tripoli derives revenue largely from oil and natural gas production, interest-free loans from local banks to the central bank, and a 183 percent surcharge on foreign exchange transactions conducted at official rates.

But with centralized tax collection greatly diminished, public debt has piled up – to 68 billion dinars in the west, including unpaid state obligations such as social insurance.

Some analysts expect Serraj’s government will be forced to raise new debt if the war for control of Tripoli drags on.

With much of Libya dominated by armed factions that also act as security forces, the public wage bill for both the western and eastern administrations has soared as fighters have been made public employees in efforts to buy their loyalty.

The east has sold bonds worth 35 billion dinars outside the official financial system as the Tripoli central bank does not fund the parallel government apart from some wages.

Despite its limited reach, the Tripoli government still runs an annual budget of around 46.8 billion dinars, mainly for public salaries and fuel subsidies.

“This year we cannot finance via debt…we will not borrow (by agreement with the central bank),” Issawi said.

According to International Monetary Fund data, Libya’s central government debt-to-GDP ratio is 143 percent, making it one of the most heavily indebted in the world on that measure.

Issawi declined to say what parts of the budget would be trimmed to support the extra outlay for war costs.

However, with some 70 percent of the budget allocated to public wages, fuel subsidies and other welfare benefits, a portion devoted to infrastructure is most likely to be axed.

Widespread lawlessness has meant there have been no major infrastructural projects since 2011, when a NATO-backed uprising overthrew dictator Muammar Gaddafi, leaving schools, hospitals and roads in acute need of restoration.

FOREX SURCHARGE

Issawi said the government planned to raise as much as 30 billion dinars by the end of 2019 from hard currency deals after imposing in September a 183 percent surcharge on commercial and private transactions done on the official rate of 1.4 to the U.S. dollar. That fee has effectively devalued the official rate to 3.9, much closer to the black market equivalent.

Some 17 billion dinars have been raised since then, with hard currency allocated for import credit letters now issued without delays, Issawi said. The forex fee has helped the government forecast a budget in the black for 2019.

Despite the narrowing spread between the two rates, the black market continues to thrive. Dozens of traders remained at their favorite spot behind the central bank headquarters in Tripoli when Reuters reporters visited it last week.

But traders said it could take time for the Serraj government to register the extra forex receipts as official banking channels were taking up to six months to approve import financing, keeping the black market in play for dealers.

Issawi said authorities planned to lower the forex fee from 183 percent, without saying when. The black market rate has dropped from 6 to around 4.1 since September but it has hardly moved of late as demand for black market cash remains high.

The Tripoli government has stopped subsidizing food and bread, which used to be cheaper than drinking water in Libya. Wheat imports are now being arranged by private traders and there are surplus stocks of flour at the moment, Issawi said.

(Reporting by Ulf Laessing in Tripoli with additional reporting by Karin Strohecker in London; Editing by Mark Heinrich)

Source: OANN

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Rep. Gerry Connolly, D-Va., threatened possible jail time for White House officials refusing to comply with subpoenas to testify before the House Oversight Committee.

Connolly, a member of the House panel, made his comments during an interview on CNN on Thursday. He said that “if a subpoena is issued and you’re told you must testify, we will back that up.”

He added: “And we will use any and all power in our command to make sure it’s backed up — whether that’s a contempt citation, whether that’s going to court and getting that citation enforced, whether it’s fines, whether it’s possible incarceration.”

“We will go to the max to enforce the constitutional role of the legislative branch of government.”

His comments came after three officials have refused to comply with congressional requests to testify, CNN noted.

Trump told The Washington Post that his staff should not testify on Capitol Hill, explaining that the White House cooperated fully with special counsel Robert Mueller and “there is no reason to go any further, especially in Congress where it’s very partisan.”

Source: NewsMax Politics

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“Outdated laws” need fixing to deal with the surge in illegal immigrant families crossing the U.S. border with Mexico, a top Border Patrol official said Friday.

Migrant families face no consequences if apprehended trying to cross the border illegally under present law, Border Patrol chief of Operations Brian Hastings claimed during an appearance on “Fox & Friends.”

“We need a change in the current outdated laws that we’re dealing with for this current demographic and this crisis that we have,” he said.

Hastings said as of Thursday there have been 440,000 apprehensions along the southwest border. There were 396,000 apprehensions all of last year.

SOUTHERN BORDER AT ‘BREAKING POINT’ AFTER MORE THAN 76,000 ILLEGAL IMMIGRANTS TRIED CROSSING IN FEBRUARY, OFFICIALS SAY

And those numbers continue to rise, he said.

Historically 70 to 90 percent of apprehensions at the border were quickly returned to Mexico, Hastings said.

Now, 83 percent of those apprehended have come from the Central American northern triangle which includes Guatemala, El Salvador, and Honduras, and of those 63 percent are “family units” and children who cannot be returned, he said.

“There are no consequences that we can apply to this group currently,” Hastings said. “We’re overwhelmed. If you look at agents there doing a tremendous job trying to deal with the flow.”

The law dictates children have to be released after 20 days of detention.

FLORIDA SHERIFF ON BORDER CRISIS AFTER MAJOR DRUG BUST: ‘IT MAKES ME ABSOLUTELY CRAZY’

Sen. Lindsey Graham, R-S.C., says that has forced immigration officials to release entire families because “you don’t want to separate families.”

Recently, he said he is drafting legislation that would allow children to be detained for more than 20 days.

Hastings said agents are frustrated with the situation but are doing the best they can with the resources they have.

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“Up to 40 percent of our agents are processing at any given time,” he said. “That should say that in and of itself is pulling from those border security resources.”

Source: Fox News National

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