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Biden to push for return of expanded child tax credit in State of the Union speech • New Hampshire Bulletin

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Biden to push for return of expanded child tax credit in State of the Union speech • New Hampshire Bulletin


WASHINGTON – Top White House economic officials said Tuesday that President Joe Biden will announce how his administration is tackling economic issues – from the housing crisis to restoring the expansion of the child tax credit – during this week’s State of the Union address to Congress and the nation.

“Providing more breathing room to American families is really something that remains a top priority for the president,” said Jon Donenberg, a deputy director of the National Economic Council, in a briefing at the White House with reporters from regional publications.

The speech is expected to be of great significance for Biden as he seeks reelection in November against the likely Republican nominee, former President Donald Trump.

Some policies Biden will address in his remarks Thursday night include his administration’s efforts to crack down on “junk fees,” help first-time homebuyers and protect renters from rent hikes, as well as pushing for several changes to the U.S. tax code.

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Daniel Hornung, a deputy director of the National Economic Council, said Biden will make the case to Republicans to bring back the expanded child tax credit.

“The president will push to restore that tax break to make sure that families across the country, families with children, have the breathing room they need,” Hornung said.

Biden will use the State of the Union to push tax policies that promote “interests of working people and not billionaires or megacorporations,” Hornung said.

The president will propose a multi-pronged plan that would include raising the corporate tax rate to 28 percent, a priority Biden discussed in last year’s budget proposal.

Hornung said the president wants to reverse the “tax windfall” that corporations enjoyed following the Trump administration’s 2017 Tax Cuts and Jobs Act that set the corporate rate at 21 percent.

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Biden will again pitch a minimum tax on the richest 0.01 percent of Americans and call on Congress to ensure tax cuts for lower- and middle-income Americans by restoring all or part of the pandemic-era expansion of the child tax credit and premium tax credits for Affordable Care Act plans.

Push in Congress on taxes

Biden’s renewed urgency over the tax code comes as Trump’s 2017 tax policies are winding down and must either be renewed or changed by the end of 2025. Biden is expected, in his speech, to criticize Republican proposals to extend some Trump-era tax breaks.

Congress has taken rare bipartisan, bicameral action this year to head off the looming tax code tempest.

A proposal to temporarily expand the child tax credit and restore a handful of expired or expiring corporate tax incentives received sweeping support in the U.S. House in late January. The bill, which the White House has endorsed, is stalled in the U.S. Senate.

The 2021 expansion of the child tax credit lifted nearly 3 million children out of poverty, according to the U.S. Census. 

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That temporary pandemic-era expansion under the American Rescue Plan, now expired, increased benefits from up to $2,000 to $3,600 for qualifying children under age 6, and $3,000 for other qualifying children under age 18.

Housing crunch

Several economic advisers noted that rental rates have continued to rise and that there is a “housing gap in this country,” Domestic Policy Advisor Neera Tanden said.

“He has specific proposals that he’ll speak to in terms of housing affordability and ensuring that we are addressing rent,” Tanden said of the president’s speech Thursday.

Rohit Chopra, the director of the Consumer Financial Protection Bureau, said that the administration is also looking at ways to lower closing costs on buying a home because the White House’s analysis has found that expense “drains people’s down payment and pushes up their monthly mortgage payment.”

He added that the White House is also looking for ways to make it easier for homeowners to refinance “now that (interest) rates have started to come down.”

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Hornung said that the White House is also exploring ways to “boost the supply of housing throughout the country,” and find steps that the federal government can take to “help state (and) local governments reduce barriers” when it comes to expanding housing.

He said that in addition to getting more housing supply online, Biden will lay out how the administration is looking “to invest in the supply of affordable housing,” and to block “practices that are driving up rents that are not just about supply and demand.”

Biden to point to actions on junk fees

Chopra said that Biden will stress how his administration has gone after “junk fees,” and will continue to do so, pointing to a finalized rule Tuesday that will cap most credit card fees to $8.

“I think the impact is gonna be most felt by those who really are living paycheck to paycheck, those who are trying to pay off their debt,” he said.

Chopra said that the administration launched an industry-wide study and found junk fees in hotels, ticket sales, airlines and the banking industry. He said it’s a tactic that companies use to push up purchase prices to “charge for fake or worthless services.”

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“I think we’ve all been seeing these creep across the economy in our lives almost everywhere we go,” he said.

Chopra said the White House found that one bank was charging customers a fake junk fee for a printed bank statement “that was neither printed nor mailed.”

“We have already ordered them and others to refund the money,” he said. “I think what we’re seeing is people, perhaps those who have the least amount of time to bicker with customer service agents. They’re no longer spending that time. They’re actually seeing that money being kept for themselves.”



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Reduced federal funds to boost broadband in New Hampshire – Valley News

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Reduced federal funds to boost broadband in New Hampshire – Valley News


Despite some angst that the Trump Administration might vaporize the money, funds are coming to New Hampshire to expand broadband internet access throughout the state, although the amount isn’t what was originally allocated.

The recently announced funding is $18.6 million, significantly less than the original $196.5 million.

The news was, nevertheless, greeted with bipartisan enthusiasm.

“New Hampshire is proud to be No. 1 in the nation for internet connectivity, and this new federal funding we have secured will help us reach our goal of delivering reliable broadband access to everyone in our state,” Republican Gov. Kelly Ayotte said in a statement.

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“Having worked on the broadband provisions in the bipartisan infrastructure law, I know how important internet connectivity is for small businesses to grow and compete, for students to learn and thrive and for those in remote areas to access health care,” said Democratic U.S. Sen. Jeanne Shaheen.

The broadband funding is $18.6 million. It comes from the Broadband Equity Access and Deployment Program (BEAD), part of the Infrastructure Investment and Jobs Act of 2021, bipartisan legislation passed and enacted during the President Joe Biden administration.

Originally, the state was slated to get $196.5 million from BEAD for 9,527 locations across the state, especially in rural areas where access to broadband internet can be difficult because of distance, terrain and lack of infrastructure.

With the arrival of Donald Trump in the White House, given his disdain for the Infrastructure Act, he signed an executive order that paused a disbursement of all funds related to the bill, pending a review by his new administration.

Subsequent policy changes from the National Telecommunications and Information Administration (NTIA), an agency within the U.S. Department of Commerce, worried the state’s Democratic congressional delegation that the changes could derail the disbursement of the state’s $191 million in BEAD funds.

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“The administration has now removed discretion from state and local communities, instead requiring that BEAD funds be allocated solely to the lowest-cost projects — even if those projects deliver extremely low-quality internet service to rural areas. This change is especially harmful to rural Granite Staters, who may now be limited to slow, weather-dependent internet,” the delegation wrote in August to U.S. Secretary of Commerce Howard Lutnick.

And, indeed, the changes meant that the $191 million originally slated for the Granite State had been trimmed to the newly announced $18.6 million, reducing the new broadband locations from 9,527 to 5,250.

The Trump Administration saw the policy changes as a means to distribute the money in a more cost-effective manner. That was recognized by the administration with the completion of the state’s application process for the funds.

“Congratulations to New Hampshire for getting their BEAD Final Proposal over the finish line,” said U.S. Department of Commerce Assistant Secretary for Communications and Information and NTIA Administrator Arielle Roth. “The state’s commitment to cutting excessive costs and technology diversity resulted in a strong deployment plan that will achieve universal connectivity across the Granite State.” Roth’s statement was provided by the governor’s office.

The state’s approved plan accelerates the timeline for implementation, with the hope that the state will be fully broadband wired by the end of next year.

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The state’s proposal for upgrades includes a mix of coax, fiber, and satellite connections provided by Comcast, Consolidated Communications, New Hampshire Electric Co-op, and SpaceX.

Contracts for the work still have to be approved by the governor’s Executive Council.

Congressional Democrats at least seem happy that they got what they could get. And everyone seems to be putting a happy face on the news of the reduced funding.

“Everyone deserves access to high-speed, reliable internet no matter where they live,” said U.S. Sen. Maggie Hassan. “I worked with my colleagues to negotiate and pass the bipartisan infrastructure law to help expand access to reliable internet, and am glad to see our state one step closer to ensuring that everyone has access to broadband. I will continue to push for federal funding that supports Granite state families and small businesses and ensures that communities across our state, including in rural areas, can grow and thrive.”

“Under the bipartisan infrastructure law, Congress worked together to approve critical investments that are making our communities safer, stronger, and more prosperous. Access to high-speed internet is a necessity for every city and town, and it helps businesses compete, ensures students can learn, and allows patients to see a provider. This funding should never have been threatened or delayed, and I’m relieved that it will soon be delivered to New Hampshire,” said 1st District U.S. Rep. Christopher Pappas. “I will continue working to secure resources that modernize our infrastructure and improve Granite Staters’ quality of life.”

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“Access to reliable, high-speed internet is not a luxury. It is a lifeline and economic driver for hardworking families, small businesses, farmers, and rural communities across our state,” said 2nd District U.S. Rep. Maggie Goodlander. “I look forward to seeing these federal dollars put to work quickly and effectively to deliver for New Hampshire.”

Ayotte pointed to a recent report that shows New Hampshire is the No. 1 internet connected state in the country.

Reviews.org used census data and reported in October that 95.37% of all households in the Granite State are connected to the internet.

“Expanding broadband will help keep our communities safe, grow our economy, improve access to health care in our rural communities, and more. I thank the Department of Commerce for helping us continue to get more Granite Staters connected,” Ayotte said in her statement.

The state’s broadband application process and oversight are the work of the state Department of Business and Economic Affairs (BEA).

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“This investment is critical in reaching the last mile in bringing high-speed service to rural towns, which will support small businesses, enable remote work, and increase access to educational opportunities, healthcare, and other facets of our quality of life,” said Matthew Conserva, program manager of the BEA Office of Broadband Initiatives.

These articles are being shared by partners in The Granite State News Collaborative. For more information visit collaborativenh.org.



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Hudson, NH Police arrest four following drug trafficking investigation

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Hudson, NH Police arrest four following drug trafficking investigation


HUDSON, N.H. — A monthslong investigation into drug trafficking resulted in multiple arrests, the seizure of various narcotics — including fentanyl and methamphetamine — and the recovery of firearms.

The Hudson Police Department announced in a press release on Thursday that the four charged were Kenny Eustate, 40, of Hudson; Matthew Williams, 42, of Manchester, New Hampshire; Sarah LaFond, 36, of Manchester, New Hampshire; and Karen Makela, 41, of an unknown address.

On Oct. 30, the Hudson Police, working alongside the Drug Enforcement Administration and the Southern New Hampshire Special Operations Unit, executed a search warrant at a residence in their town. Police said officers discovered fentanyl, methamphetamine, prescription medications, firearms, and other evidence linked to drug distribution.

Three individuals were taken into custody at the scene, including Eustate, arrested on active warrants for sale of controlled drugs and failure to appear. Police said that evidence recovered during the search led to additional charges levied against Eustate, including being a felon in possession of a deadly weapon.

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Williams and LaFond were both arrested on outstanding burglary and theft warrants issued by the Manchester Police Department.

The investigation continued, leading to the arrest of Makela on Dec. 3. Makela faced charges of sale of controlled drugs and two counts of breach of bail. According to police, at the time of her arrest, she was found in possession of fentanyl and methamphetamine, resulting in additional drug possession charges.

Makela was arraigned on Dec. 4 in the 9th Circuit Nashua District Court and held on preventative detention.

Eustate was also arraigned in the 9th Circuit Nashua District Court and held on preventative detention.

Williams and LaFond were booked by the Hudson Police before being released to authorities in Manchester.

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“The Hudson Police Department would like to thank the DEA, and the Southern New Hampshire Special Operations Unit for their continued assistance and support throughout the investigation,” police said in the release.

Follow Aaron Curtis on X @aselahcurtis, or on Bluesky @aaronscurtis.bsky.social.



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Newly released Epstein photos include NH businessman and Segway inventor Dean Kamen

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Newly released Epstein photos include NH businessman and Segway inventor Dean Kamen


Editor’s note: This story may be updated as we verify additional details.

A newly released photograph shows New Hampshire businessman and inventor Dean Kamen with sex offender Jeffrey Epstein, as well as English billionaire Richard Branson outside on what appears to be a beach. The image was part of the latest batch of files published by Democrats on the House Oversight Committee on Friday, as part of an ongoing inquiry into Epstein.

Kamen, who is 74, has not been accused of any wrongdoing related to his time spent with Epstein. It isn’t clear how often the men traveled together, or when they were last in communication.

Kamen’s name has previously appeared in a flight log connected to Epstein, but this is the first public image of the two together.

Kamen, who is 74, has not been accused of any wrongdoing related to his time spent with Epstein. It isn’t clear how often the men traveled together, or when they were last in communication.

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The photo of Epstein, Kamen and Branson — the British entrepreneur behind Virgin Atlantic and other companies — is undated. No other context was provided for the image.

NHPR attempted to contact Kamen on Friday morning by email for comment through two associates who have worked closely with him in recent years, but did not immediately receive a response.

Kamen’s name previously appeared in a 2003 flight log for Epstein’s private jet. The flight entry references a trip from John F. Kennedy airport in New York to Monterey, California.

Kamen is himself an avid pilot, who at times has commuted from his home in Bedford to his offices in Manchester via a personal helicopter. After finding early success designing medical devices, Kamen minted his status as a celebrity inventor in 2001, when he rolled out the Segway personal transport device on national television.

(Kamen served on NHPR’s Board of Trustees from 1987 to 1992.)

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Epstein died in 2019 as he awaited trial on a range of criminal charges related to child sex trafficking and abuse.

Ghislaine Maxwell, Epstein’s longtime accomplice, was sentenced to 20 years in prison in 2022 for aiding in that sex trafficking operation. Before her arrest, Maxwell was living in a secluded home in Bradford, New Hampshire.

It isn’t clear how Maxwell came to live in New Hampshire, or if she had any relationship with Kamen.

Epstein’s relationships with powerful figures including President Donald Trump, Bill Clinton and Bill Gates, among others, has been a major source of controversy in Washington, with a bipartisan coalition of lawmakers calling for the release of records.

Last month, Trump signed a measure ordering the Justice Department to release more materials related to its investigations into Epstein, following the passage of the Epstein Files Transparency Act. It isn’t clear what those files, which are expected to be released, in part, next week, may contain.

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In recent years, Kamen has become the central figure in a massive government-funded project in Manchester that aims to one day develop medical technologies that could help regrow human tissues and organs. The project has been championed by powerful figures in New Hampshire, including Sen. Jeanne Shaheen.





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