This week: Action near on tax reform, government spending

first_img continue reading » The House and Senate this week are expected to take up the final tax reform bill, which, to NAFCU’s urging, keeps the credit union tax exemption intact. Both chambers hope to have the bill passed and on the president’s desk for his signature before Christmas.NAFCU President and CEO Dan Berger and other members of NAFCU’s legislative affairs team have been actively engaged on Capitol Hill and with the White House to ensure the credit union tax exemption is left alone in this tax bill. In August, the association and several member credit union representatives met with Treasury Secretary Steven Mnuchin to discuss tax reform efforts, and Berger was invited on FOX Business to explain the importance of the exemption. The association has also held numerous meetings with senators, representatives and administration officials throughout the year.Last month, NAFCU launched a grassroots effort calling on member credit unions to defend the industry’s tax-exempt status at the local level. An independent tax study released by NAFCU earlier this year found the credit union tax exemption benefits $16 billion to the U.S. economy each year. (Read more on the tax bill here.) 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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COLUMN: USC is a fallen power

first_imgA lot can change in a decade, especially in sports. Ten years ago, an undefeated USC team came to South Bend as the undisputed preeminent program in all of college football. Notre Dame and its coach, Charlie Weis, wanted a victory so badly they resorted to a Belichickian  move of growing the grass to slow down USC’s dynamic athletes. Ultimately, USC prevailed in tremendous fashion with one of the most memorable plays in Trojan history, the Bush Push.The close loss to USC was lucrative for Weis, who used the 34-31 defeat to ink a contract extension that week. That was the power of USC 10 years ago. The Trojan program was so dominant and widely revered that even a close loss served as a signature victory of sorts. Not everyone may have liked USC, but everyone respected the Trojans. Opposing programs and fan bases got up for USC games. They were the biggest game of the season for every team who faced USC.Fast forward 10 years, and the state of the USC football program is almost diametrically opposed. I was in South Bend this weekend, and there was no extra emphasis from the Notre Dame fan base because they were playing a great team. Sure, the rivalry created an electric atmosphere, but it didn’t seem like anyone respected or was scared of this USC team.When Notre Dame won, it was just another victory over a mediocre team. It didn’t mean that much, which is a far cry from what beating USC used to represent. That is how you measure the strength of a football program: how excited opposing fan bases get when they beat you. By that metric, USC is a program in ruins, reduced to an ashen state by a pervasive combination of NCAA bias, poor administrative decisions and abysmal coaching.Beating USC now doesn’t mean anything because it happens so frequently. The Trojans lose everywhere and to everyone, and it’s both frustrating and dejecting as a fan.Of course the NCAA played a hand in this with its crippling sanctions. I hate that fraudulent and sham organization as much as anyone, but it isn’t completely responsible for what has happened to the USC program. The depleted roster and reduced recruiting classes that USC had weren’t conducive to a successful program, but USC still brought in enough talent to be in a better position than they are currently.Let’s not forget that the NCAA punishment might have been diminished or even partially mitigated had the Athletics Department decided to fight the sanctions. Instead, administrators meekly sat there and took it without any fight, much like the Trojans’ defense each week. Combine that with the questionable at best, and horrendous at worst, management of USC’s coaching situation, and a lot of the blame for USC’s current state falls squarely on the shoulders of the Athletics Department.Finally, the aforementioned coaching has been the key catalyst in the Trojan’s demise. Lane Kiffin seemed more interested in sparring with the media and breaking obscure statistical records than winning games. Forgetting about his off-the-field issues, Steve Sarkisian wasn’t exactly a world beater as head coach. He also seemed to care more about how the Trojans won than the simple act of winning. Poor coaching, an incompetent athletic administration and external variables created a confluence of factors that has ruined the USC brand.A lot can be written about the loss to Notre Dame. I personally thought Clay Helton did a solid job as coach, and if he wins more this season he should be given fair consideration for the job. The Trojans showed fight and played inspired football. Unfortunately, they also gave up two 90-yard drives in the fourth quarter and senior quarterback Cody Kessler continued his unfortunate trend of disappearing in big moments and big games. The lack of urgency with which he played in the final few minutes was disheartening.Those are micro issues however, symptoms of a program plagued by macro issues. The Trojans need a leader, a coach who can mold a team in his image and inspire players to compete and bring the Trojan program back. There are coaches out there who can do that — it’s about finding one and not settling for anything less.The USC program is in tatters. The Trojans are not nationally relevant for anything having to do with actual football —  instead they are a has-been. It’s been seven years since the team played in a Rose Bowl, 10 since they played in a national title. For a University with such immense resources and such fertile recruiting grounds that is unacceptable. Thankfully, the right coach can come in and reverse this trend immediately. With the talent laden roster the Trojans have, the right coach ensures that the next time the Trojans come into South Bend it will be the biggest game of the year for the Fighting Irish. That’s how it ought to be, and that is how it will be for every opposing team when USC finally gets a respectable leader.Jake Davidson is a junior majoring in accounting. His column, “Davidson’s Direction,” runs Mondays.last_img read more

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SANTA ANITA 20 CENT RAINBOW PICK SIX JACKPOT CARRYOVER OF $395,207 INTO THURSDAY; MANDATORY JACKPOT PAYOUT ON CLOSING DAY, SUNDAY, NOV. 3

first_imgSANTA ANITA 20 CENT RAINBOW PICK SIX JACKPOT CARRYOVER OF $395,207 INTO THURSDAY; MANDATORY JACKPOT PAYOUT ON CLOSING DAY, SUNDAY, NOV. 3 IF THERE IS NO SINGLE TICKET ON THURSDAY, SUNDAY’S JACKPOT POOL COULD REACH $4 MILLION       ARCADIA, Calif. (Oct. 27, 2019)–With the prospect of a massive mandatory payout pool of $4 million a strong possibility, Santa Anita’s popular 20 cent Single Ticket Rainbow Pick Six Jackpot proved elusive yet again today, resulting in a Jackpot carryover of $395,207 into Thursday’s nine-race program.As the two-day Breeders’ Cup World Championships on Nov. 1 & 2 will offer fans a separate Pick Six pool with a one dollar minimum, if there is no single ticket Rainbow Six winner on Thursday, there is the very real prospect of a $4 million pool on Sunday, Nov. 3, with a mandatory payout.Although there was no single ticket winner, there were 18 consolation tickets with six winners, each worth $5,684.80.With a carryover from Saturday of $351,352, there was $191,549 in new money wagered today, creating a total Jackpot pool of $542,901.First post time for a nine-race card on Thursday is at 1 p.m. and Santa Anita will be open for simulcast wagering on Wednesday, with admission to the Grandstand Paddock Room available at 10 a.m.  Free parking and admission will be offered on both Wednesday and Thursday.Approximate post time for Thursday’s fourth race, the beginning of the Rainbow Six, is at 2:30 p.m. PT. For additional information, please visit santaanita.com or call (626) 574-RACElast_img read more

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