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President Trump’s budget has been billed as slashing deficits by trillions of dollars through what media outlets are billing as “deep” spending cuts. In reality, its savings are mainly imaginary — highly dependent on rosy economic forecasts and vague promises to eliminate “waste, fraud, and abuse.” Assuming significantly faster economic growth over the next decade than the Congressional Budget Office does enabled the White House Office of Management and Budget…

The Lion Air flight had an experienced pilot and co-pilot, each with more than 5,000 hours of flying time. The pilot of the Ethiopian flight was highly experienced, too — but the co-pilot was remarkably inexperienced, with just 200 hours. It is not clear who was at the controls when the jet went down. Which airlines fly this plane? Which have grounded it? On Monday, China and Indonesia ordered their…

President Trump’s budget has been billed as slashing deficits by trillions of dollars through what media outlets are billing as “deep” spending cuts. In reality, its savings are mainly imaginary — highly dependent on rosy economic forecasts and vague promises to eliminate “waste, fraud, and abuse.” Assuming significantly faster economic growth over the next decade than the Congressional Budget Office does enabled the White House Office of Management and Budget…

<!– –> × SEARCH QUOTES Europe Politics Prime Minister Theresa May won legally binding Brexit assurances from the European Union on Monday in a last ditch attempt to sway rebellious British lawmakers who have threatened to vote down her divorce deal again. Scrambling to plot an orderly path out of the Brexit maze just days before the United Kingdom is due to leave on March 29, May rushed to Strasbourg…

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Former Vice President Dick Cheney and current Vice President Mike Pence went head-to-head over President Trump’s foreign policy over the weekend. During a private event hosted by the American Enterprise Institute, Cheney said, “We’re getting into a situation when our friends and allies around the world that we depend upon are going to lack confidence in us,” according to a transcript obtained by the Washington Post. “I worry that the…

<!– –> × SEARCH QUOTES Business News The Boeing 737 MAX, the type of plane involved in a deadly crash in Ethiopia over the weekend, is still airworthy, the Federal Aviation Administration said Monday, giving a vote of confidence to the type of jet that has been involved in two deadly crashes since October. Aviation officials in China and Indonesia ordered domestic airlines to ground their fleets of the popular…

Nancy Pelosi stands up in her spacious office in the U.S. Capitol, walks past an enormous window with a commanding view of the Mall and the Washington Monument, and picks up a small plaque from her desk. A gift from Rep. Cheri Bustos (D-Ill.), the plaque has the familiar profile of a young Abraham Lincoln on one side. Pelosi returns to her chair holding the plaque on her palm and…

Ben Kuria, whose father died in the Ethiopian Airlines plane crash, described how he wished he’d spent more time saying goodbye to his dad. His flight, ET302 flight to Nairobi, Kenya, crashed shortly after take-off from Ethiopia’s capital, Addis Ababa, leaving no survivors. Joseph Waithaka was returning to his home in Kenya from a trip to see his family in England when the flight went down. His son paid tribute…

Nancy Pelosi stands up in her spacious office in the U.S. Capitol, walks past an enormous window with a commanding view of the Mall and the Washington Monument, and picks up a small plaque from her desk. A gift from Rep. Cheri Bustos (D-Ill.), the plaque has the familiar profile of a young Abraham Lincoln on one side. Pelosi returns to her chair holding the plaque on her palm and…

President Donald Trump’s administration unveiled its third budget proposal Monday, cementing a vision for the United States that bolsters funding for defense and border walls, while severely cutting social programs for the nation’s poorest. The $4.7 trillion budget proposal, which encompasses everything from funding for food aid, education, and health care to national defense, seeks to slash $845 billion from Medicare — a program Trump notably promised to leave untouched…

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LOS ANGELES — The young girl whose body was discovered in a duffel bag near a Los Angeles-area hiking trail last week has been identified, and two persons of interest were being held Sunday for questioning about her death. The Los Angeles County Sheriff’s Department said the county coroner identified the girl as Trinity Love Jones, 9, of Los Angeles County. Authorities did not provide more detail about where in…

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Disapproval from Democratic presidential candidates was just as blunt. “This is a budget for the military industrial complex, for corporate C.E.O.s, for Wall Street and for the billionaire class,” Senator Bernie Sanders, Independent of Vermont, said in a statement. “It is dead on arrival.” Even some prominent Republicans greeted the president’s request somewhat coolly, because it did not go far enough to reduce the growing national debt. Representative Steve Womack,…

Some Venezuelans have taken to looting supermarkets in Caracas during the fourth day of blackouts, which have paralysed the country.  Pictures reveal that some supermarkets in the capital have been left ransacked by desperate residents as they struggle to find food.  Security forces detained a number of people who were caught looting on Sunday, with some pictures showing looters being piled onto waiting trucks.  Armed men were seen forcefully escorting…

<!– –> × SEARCH QUOTES Brexit Brexit has shattered the U.K.’s image as a place for investment, the former chairman of one of the country’s biggest banks said Monday. A second referendum on whether the U.K. should leave the EU may be inevitable, Gerald Grimstone, who served as chairman of Barclays, warned ahead of crucial Parliament votes this week on Prime Minister Theresa May’s Brexit deal. And he didn’t mince…

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Boeing Boeing shares were set to drop at least 9% at Monday’s market open, wiping about $21.5 billion off the company’s market capitalization. Questions are being asked about the manufacturer after the second crash in six months involving one of its Boeing 737 Max 8 aircraft. The latest crash, of an Ethiopian Airlines flight traveling to Kenya on Sunday morning, killed 157 people. China’s aviation…