Deficit

Page: 7

MLB: Los Angeles Dodgers at St. Louis Cardinals
Apr 11, 2019; St. Louis, MO, USA; St. Louis Cardinals right fielder Jose Martinez (38) celebrates with teammates after scoring on a throwing error during the sixth inning against the Los Angeles Dodgers at Busch Stadium. Mandatory Credit: Scott Kane-USA TODAY Sports

April 12, 2019

Jose Martinez had four hits and Matt Wieters drove in three runs as the St. Louis Cardinals completed a four-game sweep of the visiting Los Angeles Dodgers with an 11-7 victory Thursday afternoon.

It was the Cardinals’ first four-game sweep of the Dodgers in St. Louis since July 15-18, 2010.

Harrison Bader was hit by a pitch with the bases loaded twice in the game as the Cardinals reached their season high in runs scored without hitting a home run. It was just the fourth time since 1974 that a batter was hit by a pitch with the bases loaded twice in a game.

Enrique Hernandez hit a home run for the Dodgers, as did former Cardinal David Freese and starting pitcher Walker Buehler, but Los Angeles twice gave up three-run leads. It was a far better day at the plate than on the mound for Buehler, who yielded five runs on five hits over four innings.

Red Sox 7, Blue Jays 6

Rafael Devers singled with the bases loaded in the bottom of the ninth inning to lead host Boston to a much-needed win over Toronto.

Mitch Moreland, who homered earlier in the game to erase the last bit of a 5-0 deficit, tied it again in the ninth with a one-out double to drive in Mookie Betts. Xander Bogaerts walked, and Devers chipped his single past the infield as the Red Sox picked up their first home win.

Freddy Galvis had given the Blue Jays a 6-5 lead in the top of the eighth with a solo home run, his fourth hit of the game. Toronto fell for the eighth time in its past 10 games. Ken Giles (0-1) took the loss, snapping his run of 34 consecutive saves without a blown opportunity.

Mets 6, Braves 3

Amed Rosario gave New York a lead it would never relinquish with a three-run homer in the second inning, and he finished with a career-high four RBIs as the Mets won at Atlanta in the opener of a four-game series.

Rosario added an RBI single in the sixth. The 23-year-old shortstop has reached base safely in 11 of team team’s first 12 games this season. Hot-hitting rookie Pete Alonso launched a long two-run homer in the seventh for the Mets. Alonso has six homers and 17 RBIs in his first 12 big league games.

The Braves saw their three-game winning streak snapped despite getting two-run homers from Ronald Acuna Jr. and Johan Camargo. Acuna finished with three hits while Tyler Flowers had two. Ozzie Albies, who signed a seven-year contract extension earlier Thursday, went 0-for-5.

Cubs 2, Pirates 0

Jose Quintana struck out 11 batters in seven scoreless innings, and Chicago Cubs held on over visiting Pittsburgh.

Quintana (1-1) notched his 13th career start with double-digit strikeouts. He scattered four hits and walked one as Chicago earned its first series victory of the season. Daniel Descalso and Victor Caratini each drove in a run for the Cubs.

Pittsburgh failed to cross the plate for the second time in three games. Adam Frazier led the Pirates with two hits.

Indians 4, Tigers 0

Leonys Martin went 3-for-4 with a home run, two RBIs and two runs against his former team to lead visiting Cleveland to a shutout of Detroit in the rubber match of a three-game series.

Martin, who was traded from the Tigers to the Indians last year before surviving a life-threatening infection, finished the series with two home runs, five hits and three walks to help the Indians take two of the three games.

Indians starter Shane Bieber (1-0) struck out six, walked one and allowed just three hits in seven innings. It was the third time this season that the Tigers were shut out. Spencer Turnbull (0-2) took the loss, allowing three runs and eight hits in four innings.

A’s 8, Orioles 5

Khris Davis homered twice for the second consecutive day, and Oakland banged out five homers for a second straight game in beating host Baltimore.

Davis, who now has an major-league-leading nine homers this season, became the first Oakland player to have back-to-back multi-homer games since Josh Reddick on Aug. 9-10, 2013. The A’s won three games and went deep 14 times in the four-game set to snap out of an early-season slump.

Baltimore’s Chris Davis flied out in his first at-bat to extend his streak to 58 consecutive hitless plate appearances, breaking the major league record held by Cleveland’s Tony Bernazard since 1984. Davis finished 0-for-3 with a walk, extending his slump to 53 hitless at-bats.

Mariners 7, Royals 6 (10 innings)

Daniel Vogelbach homered in the top of the 10th inning to lift Seattle to a victory at Kansas City.

The Royals led 6-4 and were within one out of snapping their nine-game losing streak, but Mitch Haniger tripled off the wall in center to tie the game. Kansas City not only lost its 10th straight, but it lost center fielder Billy Hamilton to injury after he collided with the wall on Haniger’s triple and left the field on a cart.

The Royals’ losing streak goes on, but Whit Merrifield’s franchise-record hitting streak was snapped at 31 games after an 0-for-6 day. Brandon Brennan (1-0) pitched the ninth for his first career win for Seattle. Connor Sadzeck picked up his first career save. Glenn Sparkman (0-1) took the loss for Kansas City.

Reds 5, Marlins 0

Eugenio Suarez went 3-for-4 with a homer and two RBIs to lead host Cincinnati over Miami.

Yasiel Puig, in his first game back from a two-game suspension, also drove in two runs. Puig, who had been suspended by Major League Baseball for his role in an altercation with the Pittsburgh Pirates, helped the Reds complete a three-game sweep over the Marlins.

Cincinnati held Miami to just one run in the three games. Reds starting pitcher Sonny Gray pitched four scoreless innings but got a no-decision after he was forced to leave the game due to a left calf contusion. Marlins rookie Pablo Lopez (1-2) gave up four runs in 4 2/3 innings.

Giants 1, Rockies 0

Jeff Samardzija pitched seven shutout innings, and Kevin Pillar produced the only run with a leadoff home run in the seventh, sending San Francisco past visiting Colorado.

Samardzija (1-0) outdueled Jon Gray (0-3), who took a four-hit shutout in the seventh before serving up Pillar’s third home run since joining the Giants in a trade last week.

Tony Watson worked a 1-2-3 eighth inning for the Giants before closer Will Smith recorded his fourth save with a perfect ninth. The win was the Giants’ second in their past three games. They have lost all four series they’ve played so far this season.

Padres 7, Diamondbacks 6

Pedro Avila worked into the sixth inning in his major league debut, Manuel Margot hit a tiebreaking home run in the eighth, and San Diego beat Arizona in Phoenix.

Avila, a 22-year-old Venezuelan who had made one career start above the high Class-A level, allowed one run and four hits in 5 1/3 innings. He struck out five and walked two.

Margot jumped on a 96 mph fastball from Archie Bradley (0-1) with two outs in the eighth inning for his first home run of the season, a deep shot to center field to break a 6-6 tie. Craig Stammen (1-0) got the final out of the seventh for the win, and Trey Wingenter earned his first career save.

–Field Level Media

Source: OANN

NHL: Stanley Cup Playoffs-Toronto Maple Leafs at Boston Bruins
Apr 11, 2019; Boston, MA, USA; Toronto Maple Leafs right wing Mitchell Marner (16) high fives center John Tavares (91) after an empty net goal against the Boston Bruins during the third period in game one of the first round of the 2019 Stanley Cup Playoffs at TD Garden. Mandatory Credit: Bob DeChiara-USA TODAY Sports

April 12, 2019

Mitch Marner scored two goals — one on a short-handed penalty shot in the second period — and the visiting Toronto Maple Leafs went on to defeat the Boston Bruins 4-1 Thursday night in the opener of a best-of-seven, first-round Eastern Conference playoff series.

William Nylander and John Tavares (into an empty net) also scored for the Maple Leafs. Patrice Bergeron scored for the Bruins, who won a first-round series over the Maple Leafs in seven games last season.

Toronto goaltender Frederik Andersen made 37 saves and frustrated the Bruins on several occasions. Tuukka Rask stopped 29 shots for Boston.

After tying the game late in the first, Marner was tripped by Jake DeBrusk on a short-handed breakaway early in the second to earn a penalty shot. Marner deked Rask easily for what proved to be the game-winner at 2:47 of the second period.

Capitals 4, Hurricanes 2

Nicklas Backstrom scored two of Washington’s three first-period goals, and the Capitals held off a late Carolina rally for a victory in Game 1 of a first-round Eastern Conference playoff series.

Backstrom had multiple goals for the third time in his playoff career, coming just over three minutes apart in that opening period. Alex Ovechkin also scored in the first period, and John Carlson notched a hat trick of assists, getting helpers on all three first-period goals. That tied the NHL record for most assists in a period of a playoff game.

Hurricanes rookie Andrei Svechnikov scored twice in a span of 2:19 in the third period to cut the deficit to 3-2, but Lars Eller put it away with an empty-net goal in the final minute. Svechnikov (19 years, 16 days) became the youngest player with multiple goals in a playoff game since 1997.

Flames 4, Avalanche 0

Mike Smith stopped all 26 shots he faced to earn the shutout, and Matthew Tkachuk scored twice as host Calgary beat Colorado in the first game of their opening-round Western Conference playoff series.

Smith was undoubtedly the star while posting his fourth career playoff shutout and adding an assist in the process. His teammates rewarded him with more than enough offense. Andrew Mangiapane broke the deadlock late in the second period for his first playoff goal, and Mikael Backlund also found the net.

Avalanche goalie Philipp Grubauer made 28 saves in the loss.

–Field Level Media

Source: OANN

FILE PHOTO: The logo of Mexico's Central Bank (Banco de Mexico) is seen at its building in downtown Mexico City
FILE PHOTO: The logo of Mexico’s Central Bank (Banco de Mexico) is seen at its building in downtown Mexico City, Mexico February 28, 2019. REUTERS/Daniel Becerril/File Photo

April 11, 2019

MEXICO CITY (Reuters) – Financial challenges at Mexican state oil company Pemex could pose a risk for the country’s macroeconomic stability, Mexico’s central bank said in minutes published on Thursday.

Credit ratings agencies in recent weeks have issued warnings about Pemex and the country’s sovereign rating, expressing concern about the government’s plans to bail out the deeply indebted oil company. The entity holds roughly $106 billion in financial debt, the highest amount of any state oil firm in Latin America.

A majority of central bank members said any new government support for Pemex should address the company’s structural problems and not affect the country’s budget deficit, to avoid hurting its sovereign credit rating.

For the economy overall, the majority of bank members said available information suggests that growth at the start of the year continues to be low.

Mexican industrial output rose 0.3 percent in February from January, the national statistics agency said on Thursday. Although manufacturing typically has been a bright spot due to U.S. demand, the sector was nearly flat in February from the prior month.

Year-over-year, industrial output was down 0.8 percent, impacted by slower growth in mining and construction.

“Tighter financial conditions, policy uncertainty, soft business confidence, and slowing external demand will likely generate headwinds to both the construction and manufacturing sectors in 2019,” Goldman Sachs said in a report.

Even so, Capital Economics said in a report that February’s increase from the prior month suggests that Mexico’s economy will post stronger growth in 2019 than last year.

Mexico’s central bank held rates steady for the second time in a row at its March 28 monetary policy meeting, after several consecutive hikes. A majority of board members said in the meeting minutes published on Thursday that the entity will adjust monetary policy in an opportune and firm manner to reach its 3 percent inflation target.

(Reporting by Daina Beth Solomon, Editing by Frank Jack Daniel and Diane Craft)

Source: OANN

America’s economy is “soaring” under President Donald Trump and there are no concerns about a recession, Vice President Mike Pence said in an interview airing Thursday.

“Look what’s happening in manufacturing alone,” Pence told MSNBC’s “Squawk Box.” “I remember in the summer of 2016 when I was just joining this ticket, the last president was saying what are we going to do wave a magic wand to bring back manufacturing jobs. President Trump said, no, we can bring jobs back.”

He added that he does back Trump’s calls for further rate cuts from the Federal Reserve. “Well, you saw the consumer numbers that came out yesterday. There’s no evidence of inflation in this economy,” Pence said.

Meanwhile, the United States is just scratching the surface of economic growth, said Pence, including 3% growth and 5.5 million jobs since the 2016 election day.

“You look at nations around the world, nations that we compete with every day, and the president really does believe that 3% is a starting point in this economy,” said Pence.

The vice president also told CNBC that the nomination process for Herman King and Stephen Moore is in the “very early” stages.

“Both are people that really understand what the president’s philosophy is in this economy, but we’ll see how it plays out,” said Pence.

Progress also is being made in negotiations with China, Pence said.

“Half of our international trade deficit is with China, but also to address things like intellectual property rights and the structural reforms, forced technology transfers that’s all on the table,” he said.

Source: NewsMax Politics

A worker moves ballot boxes as they are to be taken from a warehouse and sent to polling stations in Barcelona
A worker moves ballot boxes as they are to be taken from a warehouse and sent to polling stations ahead of the April 28 Spanish general election, in Barcelona, Spain, April 10, 2019. REUTERS/Albert Gea

April 11, 2019

By Ingrid Melander

MADRID (Reuters) – Spain is gearing up for one of its most tightly contested national elections in decades, with the result too close to call and at least five parties from across the political spectrum with a shot at being in government.

The April 28 ballot is set to mark a number of firsts: the first far-right lawmakers in nearly four decades, the first coalition government since Spain’s return to democracy and the first time since the financial crisis that the economy is not a top issue.

Lengthy coalition talks are expected to follow the vote, further fuelling the mood of political uncertainty gripping Europe.

Several leading candidates are holding rallies on Thursday evening before posters go up at midnight, when the campaign officially starts.

Here’s what’s at stake:

WHO WILL WIN?

No party will win enough votes to form a government on its own, and opinion polls point to a deeply fragmented parliament.

Prime Minister Pedro Sanchez’s Socialists are in the lead and on the rise, averaging around 29 percent of votes, according to a poll of polls by El Pais newspaper.

That would give them substantially more seats than the 84 they held in the previous legislature, but they would still need to find one or more allies and there is no guarantee they could form a coalition to stay in government.

Several other scenarios – including a right-wing coalition or a repeat election – are possible, and it will likely be weeks or even months before a new prime minister is chosen.

For now, a range of possible outcomes are all with opinion polls’ margin of error.

WHY IS THIS SO COMPLEX?

The proportion of undecided or wavering voters is as high as 42 percent, according to a CIS poll.

Pollsters have also been struggling to predict how well the new far-right party Vox will fare, though they all agree it will get lawmakers, the first of that political hue since 1982. [L8N21T1MH]

The 350 deputies in Spain’s lower house are elected in 52 constituencies, whose size varies widely. At a time when the number of contenders keeps increasing, forecasting the winners is tough, particular in small, rural areas.

Another factor is local and regional elections on May 26, with parties – especially in a country whose modern democratic history lacks of German-style tradition of coalition-building – unlikely to strike any deal in Madrid that could jeopardize their chances in those ballots.

Furthermore, most parties are either undergoing internal upheavals or have new leaders, meaning much could still change in terms of strategy and alliances.

Spaniards will also elect 208 representatives to the Senate, which has a low political profile and has been controlled by the conservative PP since 2011.

WHO WILL BE PRIME MINISTER?

Under the most optimistic scenario for the Socialists, Sanchez could stay on as prime minister with just one ally, the anti-austerity Podemos, despite the latter’s sharp drop in popularity, a poll showed on Tuesday.

But the same poll gave a wide range for its forecast and showed that the Socialists and Podemos could well need the backing of smaller, nationalist parties, including from Catalonia. Other surveys have shown the same.

Concessions the smaller parties would seek in return – and pressure from right-wing parties already accusing Sanchez of being a “traitor” for being open to dialogue with Catalan secessionists – make any such alliance a tough though not impossible ask.

According to latest polls, the three right-wing parties combined – the PP, Ciudadanos and Vox – would not have a parliamentary majority. But that is also a margin-of-error call.

One scenario of a likely majority would be between Ciudadanos and the Socialists. Ciudadanos chief Albert Rivera has ruled out a deal with Sanchez, but the party has changed its mind over alliances after past elections.

One outcome does seem certain, however: confirmation of the end of the two-party system that began with Spain’s return to democracy in the late 1970s and started unraveling in 2015.

WHAT ARE THE MAIN ISSUES FOR VOTERS?

Catalonia’s independence drive has irritated many and will be a high-profile factor, especially with 12 of its former leaders standing trial.

PP, Ciudadanos and Vox are competing for the anti-separatism vote but the Socialists, after refusing to give in to Catalan demands to secure their backing for the budget, will also aim to use the issue to their advantage.

With the rise of Vox and with PP veering to the right, the Socialist party will seek to attract voters with its progressive stance on issues ranging from women’s rights to the removal of former dictator Francisco Franco’s remains from a grand mausoleum.

The economy, forecast to grow a relatively robust 2.2 percent this year, has so far not been a major campaign theme, but subsidiary issues such as regulating the property rental market could play a role.

WHY SHOULD MARKETS AND THE EU CARE?

Spain has had a succession of minority or caretaker governments over the past three years, meaning structural reforms have been delayed.

And, while the Socialists have managed to adopt some economic measures including an increase in pensions and minimum wages, their rolling over of the 2018 budget means a number of tax hikes will not enter force, making it harder to cut the deficit from 2018’s 2.6 percent of GDP.

(Additional reporting by Belen Carreno; Editing by Andrei Khalip and John Stonestreet)

Source: OANN

Workers harvest tobacco at a farm outside Harare
Workers harvest tobacco at a farm outside Harare, Zimbabwe, February 20, 2019. REUTERS/Mike Hutchings

April 11, 2019

HARARE (Reuters) – Zimbabwe has reached agreement with the International Monetary Fund (IMF) on a program of economic policies and structural reforms that could pave the way to the crisis-hit country re-engaging with international financial institutions.

Suffering from decades of decline and hyperinflation, Zimbabwe has not been able to borrow from international lenders since 1999, when it started defaulting on its debt. It has arrears of around $2.2 billion with the World Bank, the African Development Bank and European Investment Bank.

“Zimbabwe is facing deep macroeconomic imbalances, with large fiscal deficits and significant distortions in foreign exchange and other markets, which severely hamper the functioning of the economy,” Gene Leon, leader of the IMF staff team, said in a statement.

Zimbabwe is also facing the challenge of responding to drought and the devastation from Cyclone Idai, Leon said.

Under the agreement with the IMF, policies will focus on eliminating the government’s double-digit fiscal deficit and adoption of reforms to allow market forces to drive the functioning of foreign exchange and other financial markets.

Leon said the agreed policies can be expected to remove distortions that have held back private sector growth, but gave no specific targets for the reduction of the deficit or other objectives.

He also did not say if and when any fresh IMF financial support would be forthcoming.

Zimbabwe had on Tuesday appealed for $613 million in aid from local and foreign donors to cover food imports and help with a humanitarian crisis following Cyclone Idai.

Leon had met with Finance Minister Mthuli Ncube, Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya and other officials in a continuation of talks which aim to implement a set of policies facilitating a return to economic stability.

Leon said in a statement released late on Wednesday the agreement is subject to review by the IMF’s management.

“Successful implementation … will assist in building a track record and facilitate Zimbabwe’s reengagement with the international community,” said Leon.

The IMF said in its world economic outlook this week that Zimbabwe’s economy will contract 5.2 percent this year. This would be the first time that the economy will go into recession since 2008, when the economy shrank by 16.5 percent at the height of hyperinflation.

(Reporting by Nqobile Dludla; Additional reporting by MacDonald Dzirutwe; Editing by David Holmes)

Source: OANN

NHL: Stanley Cup Playoffs-Columbus Blue Jackets at Tampa Bay Lightning
Apr 10, 2019; Tampa, FL, USA; Columbus Blue Jackets defenseman Seth Jones (3) celebrates with teammates after scoring the game winning goal against the Tampa Bay Lightning during the third period of game one of the first round of the 2019 Stanley Cup Playoffs at Amalie Arena. Mandatory Credit: Kim Klement-USA TODAY Sports

April 11, 2019

Seth Jones’ power-play goal late in the third period capped a thrilling rally as the Columbus Blue Jackets erased a three-goal deficit and stunned the host Tampa Bay Lightning 4-3 on Wednesday in the opening round of the Stanley Cup playoffs.

Jones scored his second career playoff goal with 5:55 to play. He took a slick pass from Artemi Panarin and roofed the power-play goal to complete a spree of four unanswered goals, three of which came in the third period.

Josh Anderson had a goal and an assist, and Nick Foligno and David Savard also tallied for the Blue Jackets, who lost all three regular-season meetings with the Lightning by a combined score of 17-3.

The Lightning, who won the Presidents’ Trophy and tied an NHL single-season record with 62 wins, led 3-0 after one period on goals by Alex Killorn, Anthony Cirelli and Yanni Gourde.

Blues 2, Jets 1

Tyler Bozak scored the game winner with overtime looming as St. Louis rode a third-period comeback to a stunning win at Winnipeg in the opener of a first-round Western Conference playoff series.

With his team controlling play for much of the third period, St. Louis’ Patrick Maroon created a turnover with his effective forecheck and sent the puck to the slot for Bozak. Bozak snapped a quick shot that found the mark for the game winner with 2:05 remaining in regulation.

The Jets pushed hard for the equalizer, but couldn’t solve St. Louis goalie Jordan Binnington, who made 24 saves. With 12.4 seconds remaining, Binnington got across his net in time to deny Mark Scheifele’s one-timer. Winnipeg’s Patrik Laine opened the scoring in the first period, and St. Louis’ David Perron responded early in the third.

Islanders 4, Penguins 3 (OT)

Josh Bailey scored 4:39 into overtime as New York edged Pittsburgh in Game 1 of an Eastern Conference quarterfinal series in Uniondale, N.Y.

Bailey put back the rebound of a shot by Mathew Barzal for the Islanders. Jordan Eberle and Brock Nelson scored in the first period for the Islanders, and Nick Leddy scored in the third. Robin Lehner recorded 41 saves.

Phil Kessel scored in the first period for the Penguins and Evgeni Malkin scored in the second before Justin Schultz forced overtime by scoring with 1:29 remaining in regulation. Matt Murray made 29 saves.

–Field Level Media

Source: OANN

NHL: Stanley Cup Playoffs-Columbus Blue Jackets at Tampa Bay Lightning
Apr 10, 2019; Tampa, FL, USA; Columbus Blue Jackets defenseman Seth Jones (3) celebrates with teammates after scoring the game winning goal against the Tampa Bay Lightning during the third period of game one of the first round of the 2019 Stanley Cup Playoffs at Amalie Arena. Mandatory Credit: Kim Klement-USA TODAY Sports

April 11, 2019

Seth Jones’ power-play goal late in the third period capped a thrilling rally, as the Columbus Blue Jackets erased a three-goal deficit and stunned the host Tampa Bay Lightning 4-3 on Wednesday in the opening round of the Stanley Cup Playoffs.

Jones scored his second career playoff goal when he rang a shot off the crossbar with 5:55 to play. He took a slick pass from Artemi Panarin and roofed the power-play goal to complete a spree of four unanswered goals, three of which came in the third period.

Josh Anderson had a goal and an assist, and Nick Foligno and David Savard also tallied for the Blue Jackets, who lost all three regular-season meetings with the Lightning by a combined score of 17-3.

In matchup of the two top goaltenders in games won this season, Columbus’ Sergei Bobrovsky made 26 saves while Andrei Vasilevskiy stopped 22 shots for the Lightning.

Tampa Bay, who won the Presidents’ Trophy and tied an NHL single-season record with 62 wins, led 3-0 after one period on goals by Alex Killorn, Anthony Cirelli and Yanni Gourde.

The Lightning blitzed the Metropolitan Division club in the opening 20 minutes.

Tempers flared early when Tampa Bay’s Dan Girardi blindsided Brandon Dubinsky at 2:55 of the first period. The two fought in the neutral zone, and Columbus’ Scott Harrington grappled with Cedric Paquette, who ended up pinned to the ice by Harrington.

However, Tampa Bay struck first when Jones bobbled the puck at the blue line on the power play, and Killorn stole it, raced in on a breakaway and beat Bobrovsky for a short-handed goal at 4:12.

Bobrovsky’s weak pass around the boards from behind his goal allowed Erik Cernak to get off a long blast, and Cirelli, who scored 19 goals in his rookie season, flipped in the rebound at 11:01.

Gourde tipped in a shot from the slot by Mikhail Sergachev at 17:50 for the three-goal advantage.

Foligno started the rally, beating Vasilevskiy on the blocker side off a breakaway for his seventh playoff marker at 9:15 of the second period to trim the deficit to 3-1.

Savard’s wrister on a quick rush at 7:56 of the third period cut it to 3-2.

Dubinsky’s double-minor for high-sticking Paquette at 9:23 had the Blue Jackets playing defensively on the penalty kill, but Anderson tied it with a short-handed goal at 11:54, setting the stage for Jones’ winner.

–Field Level Media

Source: OANN

A California city is moving to tax its residents for conserving TOO MUCH water.

“During the drought, many water agencies raised rates on Bay Area residents who used too much water,” reports CBS San Francisco. “Now, customers of the San Jose Water Company may soon pay more because they didn’t use enough.”

People responded to warnings telling them water was scarce by using less.

“We tried the best we could with a family of five,” one San Jose resident admitted to CBS. “It’s a little tough but I think we did OK with it.”

But because people changed their water use habits, the city’s water utility company found it was unable to fund operational costs.

“We don’t sell the amount of water that was projected because people are changing their behavior and using less water,” San Jose Water spokesperson Jayme Ackemann explained. “And because of that, unfortunately, we can’t cover our costs.”

Now the company is running a $9 million deficit, and is asking the city’s Public Utilities Commission to approve a surcharge of as much as seven percent, nearly $2 on average, to residents’ bills.

Residents interviewed by CBS did not like the idea of being taxed for doing their part during a water emergency.

“You know we ask our family our kids to be careful with the water usage, and now to hear that we’re gonna have to pay extra for doing that doesn’t seem to fair,” one resident said.

“Yeah, we’re going to punish you for doing your duty,” expressed another resident. “You know, making good on the environment and everything? I just don’t get it anymore.”

The company says they overestimated the amount of water people would use and “set the per gallon price too low,” according to CBS.

San Jose residents can protest the surcharge through April 18. If approved, the charge will begin appearing on bills starting July 1.


Follow @AdanSalazarWins

Facebook: https://www.facebook.com/adan.salazar.735

Source: InfoWars

FILE PHOTO: A guard walks in front of a Federal Reserve image before press conference in Washington
FILE PHOTO: A security guard walks in front of an image of the Federal Reserve following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, DC, U.S. on March 16, 2016. REUTERS/Kevin Lamarque

April 10, 2019

WASHINGTON (Reuters) – The U.S. federal government posted a $147 billion budget deficit in March, according to data released on Wednesday by the Treasury Department.

Analysts polled by Reuters had expected a $180 billion deficit for the month.

The Treasury said federal spending in March was $376 billion, down 10 percent from the same month in 2018, while receipts were $229 billion, up 9 percent compared with March 2018.

The deficit for the fiscal year to date was $691 billion, compared with $600 billion in the comparable period the year earlier.

When adjusted for calendar effects, the deficit remained at $691 billion for the fiscal year to date but was $603 billion for the comparable year-ago period.

Source: OANN


Current track

Title

Artist