Gary Cohn breaks down the details of Trump’s tax reform framework

Chief White House economic adviser Gary Cohn discussed details of the recently-announced Republican tax reform framework Sunday during an exclusive interview on “Sunday Morning Futures.”

Cohn, who serves as the director of the National Economic Council, explained the repatriation tax rate and how it will impact companies and the U.S. economy.

“They’re going to pay the rate if they have money overseas. That’s how we catch up from the ‘worldwide system’ to the ‘territorial system,’” Cohn told Maria Bartiromo on “Sunday Morning Futures.”

Currently, under the worldwide system companies are taxed 35 percent on all income, whether it is earned in the U.S. or overseas. Moving to a territorial system would then encourage some of the profits overseas—which could be as much as $3 trillion, according to Cohn—to return to the U.S.

“We will end up with a bifurcated rate,” he explained. “We will charge you one rate if you have liquid assets offshore. We will charge you a different rate if you’ve got bricks-and-mortar and you’ve turned those earnings into bricks-and-mortar or investments offshore. We will give you some period of time to pay it, but you will incur the tax liability the minute the tax referendum goes through.”

President Donald Trump pushed for a 15 percent corporate tax rate, though settled for 20 percent, still significantly lower than the present rate. Trump’s tax plan calls for reducing the number of tax brackets for individuals from seven to three.

“What people are forgetting is we really enlarged the zero rate. We doubled the zero rate so if you’re a family today, you now get the first $24,000 of your income at a zero rate. You then kick into the 12 percent rate, then you go to the 25 percent rate, then you go to the 35 percent rate,” Cohn said.

In addition to lessening the amount of tax brackets on the individual side, the tax plan would also eliminate the estate tax—also known as the “death tax”—which Cohn said has been most burdensome on farmers and small businesses.

“Death should not become a taxable event if you’re in a small business. Death should not become a taxable event if you’re a farmer. If you’re a farmer you should be able to pass it on to your families,” he said.

As for the timing of the GOP’s plan for a business and middle-class friendly tax overhaul, Cohn said it is now in the hands of tax writers in the House and Senate and hopes to have a bill done “in this calendar year.”

“To do that we’ve got to get out of the House relatively soon,” he said. “To get out of the House we’re going to have to have real details. This bill is going to be in markup hopefully in October.”

By FOXBusiness

Our college-age population consists mostly of 18- to 30-year-olds, and likewise our armed forces. I wonder whether they shared common responses to the 2016 presidential election. Many college administrators provided students with therapy dogs, play dough, coloring books, bubbles, videos of frolicking kittens and puppies, and soft music. They even canceled classes and postponed exams so that their 18- to 30-year-old snowflakes could better cope with the election results. There are numerous internet photos and videos of these youngsters screaming and in outright grief and panic. Here’s my question: Were our military leaders as accommodating as college administrators? Did commanding officers of our aircraft carriers provide their young people with therapy dogs, play dough, crayons and coloring books, and soft music? Were sea training exercises canceled? Were similar accommodations ordered by commanders of our special forces, such as the Army Rangers, Navy SEALs and Delta Force?

I’m guessing and hoping that our military leaders, unlike many college administrators, have not lost their minds. That brings me to this column’s title: “Not a Day Care.” That’s the title of a new book written by Dr. Everett Piper, president of Oklahoma Wesleyan University. Piper reminds us that today’s law students are tomorrow’s lawyers and judges. Based on what they are taught, there’s no mystery why lawyers and judges seek to legislate from the bench. Students who want to rid college curricula of dead old white men such as Plato, Aristotle, Voltaire and Kant will be on tomorrow’s school boards or be professors. This doesn’t bode well for our nation’s future.

Many colleges have become hotbeds of what might be labeled as enlightened racism. Students at the University of California, Berkeley created “safe spaces” for people of color. Resident advisers at Scripps College posted two signs to educate students about “emotional labor,” one aimed at white students and one for “people of color and marginalized backgrounds.” University of Michigan students demanded a “designated space on central campus for Black students and students of color to organize and do social justice work.” That was after the university caved to student demands and spent $10 million to build a multicultural center.

In Chapter 6, Piper discusses an attack by a Muslim Somali student at Ohio State University. Fortunately, he was shot dead by police officers before he could add to his toll of 11 injured students. The Islamic State group praised him and called him one of its soldiers. The administration responded to the incident by inviting Nathan Lean, author of “The Islamophobia Industry: How the Right Manufactures Fear of Muslims,” to lecture about Islamophobia. A few days after the attack, protesters gathered on campus to read the names of people of color killed by police in the previous two months. The Muslim Somali student made the list, going from a terrorist to a victim virtually overnight. Piper asks whether it is possible to imagine President Franklin D. Roosevelt taking to the radio waves after the Japanese attack on Pearl Harbor to announce a forum on diversity and prejudice.

Among the many other ugly things going on at our universities is the withering attack on free speech. Diversity is the highest goal of students and professors who openly detest those with whom they disagree. The content of a man’s character is no longer as important as the color of his skin or his sex or his political loyalties. This intolerance has won such respectability that even politicians have little shame expressing it. In 2014, New York Gov. Andrew Cuomo basically told people who disagreed with him to leave the state. He said people who defend traditional marriage, are pro-life and are anti-gun control “have no place in the state of New York.” That’s progressive ideological fascism that ought to be put down by freedom-loving Americans.

Dr. Everett Piper’s “Not a Day Care” is a short but powerful book by a university president who is not afraid to maintain civility and common sense, traits all too rare among today’s university administrators.

Walter E. Williams is a professor of economics at George Mason University. To find out more about Walter E. Williams and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate webpage at www.creators.com

Jimmy Kimmel, left, attacked the Graham-Cassidy health bill using talking points from Senate Minority Leader Chuck Schumer’s office, a new report claims. (AP)

Late-night host Jimmy Kimmel got talking points from Senate Minority Leader Chuck Schumer, D-N.Y. as he prepared a series of monologues attacking the latest Republican effort to repeal ObamaCare, according to a report published Friday.

The Daily Beast reported that Schumer’s office “provided technical guidance and info” about the so-called Graham-Cassidy bill, as well as “stats from various think tanks and experts” on the bill’s effects.

“Jimmy wanted to learn more about what was going on politically and policy-wise,” The Daily Beast quoted a source as saying, “[and] he wanted to fight this thing.”

The host of ABC’s “Jimmy Kimmel Live,” repeatedly attacked the bill and one of its co-authors, Sen. Bill Cassidy, R-La., over three episodes this week. At one point, Kimmel claimed that Cassidy had “lied to my face” when the senator appeared on the show to discuss health care.

Cassidy responded Thursday morning, telling “Fox & Friends” that “Jimmy doesn’t understand.”

“He’s only heard from those on the left who are doing their best to preserve ObamaCare,’ Cassidy went on. “He’s not heard from me, because we’ve not spoken.”

There was no immediate comment on the report from Schumer or Kimmel, who took to Twitter Friday afternoon to praise Sen. John McCain, R-Ariz., for announcing his opposition to the bill.

Kimmel catapulted himself to the forefront of the debate over public health in America this spring when he discussed his son’s heart condition in an emotional monologue.

McCain’s opposition deals a major blow to Republican hopes of passing the bill, which Senate leaders were hoping to bring to the Senate floor next week.

FoxNews.com

Milwaukee County Sheriff David A. Clarke Jr. will leave office next month to accept a federal appointment as an assistant secretary in the U.S. Department of Homeland Security.

He will work in the department’s Office of Partnership and Engagement as a liaison with state, local and tribal law enforcement and governments.

“I’m looking forward to joining that team,” Clarke said Thursday afternoon on the Vicki McKenna talk show on 1130 WISN Radio.

Clarke campaigned around the country for then-presidential candidate Donald Trump last year and has defended the first-term Republican president against critics in the early months of his administration.

The fourth-term sheriff will start the job in June.

But as is common with the sheriff, there was drama with the appointment. It appears that Clarke may have gotten ahead of the Trump administration in his interview.

In a tweet, the Department of Homeland Security said no announcement had been made on any appointment involving Clarke.

Also, the federal staffer being replaced by Clarke — Philip A. McNamara, assistant secretary for intergovernmental affairs — took to Twitter to complain about his successor.

Clarke previously had not indicated whether we planned to seek re-election.

He has come under widespread criticism locally for his inflammatory rhetoric and for spending so much time on the road as a Trump surrogate and while giving talks to conservative groups.

Clarke also has been criticized for his lack of public comments on his response to four deaths in the County Jail in 2016 or any administrative changes he might have made there.

His new federal job will not require Senate confirmation.

Milwaukee County Executive Chris Abele, who often crossed swords with the sheriff, said America deserves better than Clarke in this new post.

“For the country I love, the last thing America needs is another loud voice angrily and unproductively telling you who to blame and who not to trust,” Abele said in a statement.

In the new job, one of Clarke’s responsibilities would be to “take complaints of shortcomings in the Department of Homeland Security,” the sheriff said.

“They feel like they’re being ignored,” Clarke said of his counterparts in local law enforcement.

Clarke will work for Homeland Security Secretary John Kelly, a retired Marine general.

The department was created in the wake of 9/11. The department’s duties range from counter-terrorism to enforcing immigration laws.

Clarke said he had informed Gov. Scott Walker of his decision to take the federal post and expected to advise Walker on the appointment of a successor to complete his term.

Tom Evenson, spokesman for Walker, said his office had not yet received a formal resignation letter from Clarke. The search for a successor, Evenson said, won’t begin until Walker’s office receives that notice.

Once that happens, the governor will seek applications, a process that usually takes a couple of weeks, and then begin interviewing candidates. Applicants must live in Milwaukee County to be appointed to the post.

“The timeline for replacing a county sheriff varies with each case,” Evenson said.

Clarke’s successor will serve until the end of the current term in 2018.

Former Milwaukee Police Capt. Earnell Lucas, now a vice president of security with Major League Baseball, said Wednesday he would submit his name to Walker for appointment to the office.

“I have a deep and abiding commitment to this community, and the right experience in law enforcement and public safety to be the next Milwaukee County sheriff,” Lucas said.

Lucas has registered as a candidate for sheriff in 2018. He plans to run in the Democratic primary.

Milwaukee County Judge John Siefert said he also plans to run as a Democrat for sheriff next year. But, unlike Lucas, he will not seek an appointment from Walker.

“I assume the governor will insist that his appointee run as a Republican,” said Siefert, whose term ends in July. “I would not run as a Republican.”

Also being mentioned as a possible candidate is U.S. Marshal Kevin Carr, who served as Clarke’s top deputy for several years. He could not be reached for comment.

Clarke, a conservative who runs as a Democrat, has been elected four times.

He was first appointed sheriff in 2002 and won election to a full four-year term later that year.

He defeated challenger Chris Moews in the August 2014 Democratic primary to ensure re-election to a fourth term. No Republican challenged Clarke for the office that year, and he enjoyed conservative support.

Clarke told McKenna that he “would miss law enforcement” after a 38-year career.

He started as a patrol officer with the Milwaukee Police Department in 1978. Clarke was promoted to detective in 1989 and became lieutenant of detectives in 1992.

In 1996, Clake was promoted to police captain and named commander of the department’s 1st District. He became commanding officer of the department’s intelligence division in 1999.

Enrollment is down more than 2,000. The campus has had to take seven dormitories out of service.

Timothy Vaughn dutifully cheered the University of Missouri for a decade, sitting in the stands with his swag, two hot dogs and a Diet Coke. He estimates he attended between 60 and 85 athletic events every year—football and basketball games and even tennis matches and gymnastics meets. But after the infamous protests of fall 2015, Missouri lost this die-hard fan.

“I pledge from this day forward NOT TO contribute to the [Tiger Scholarship Fund], buy any tickets to any University of Missouri athletic event, to attend any athletic event (even if free), to give away all my MU clothes (nearly my entire wardrobe) after I have removed any logos associated with the University of Missouri, and any cards/helmets/ice buckets/flags with the University of Missouri logo on it,” Mr. Vaughn told administrators in an email four semesters ago.

He was not alone. Thousands of pages of emails I obtained through the Missouri Freedom of Information Act show that many alumni and other supporters were disgusted with administrators’ feeble response to the disruptions. Like Mr. Vaughn, many promised they’d stop attending athletic events. Others vowed they’d never send their children or grandchildren to the university. It now appears many of them have made good on those promises.

The commotion began in October 2015, when student activists claiming that “racism lives here” sent administrators a lengthy list of demands. Among them: The president of the University of Missouri system should resign after delivering a handwritten apology acknowledging his “white male privilege”; the curriculum should include “comprehensive racial awareness and inclusion” training; and 10% of the faculty and staff should be black.

Two weeks later, a student announced he was going on a hunger strike, and the football team refused to practice or play until the university met the demands. As protesters occupied the quad, administrators bent over backward to accommodate them, even providing a power strip so they could charge phones and a generator so they could camp in comfort. A communications instructor, Melissa Click, appeared on viral video calling for “muscle” to remove a student reporter from the quad. By Nov. 9, both the president and the chancellor of Mizzou, as the flagship Columbia campus is known, had resigned.

Donors, parents, alumni, sports fans and prospective students raged against the administration’s caving in. “At breakfast this morning, my wife and I agreed that MU is NOT a school we would even consider for our three children,” wrote Victor Wirtz, a 1978 alum, adding that the university “has devolved into the Berkeley of the Midwest.”

As classes begin this week, freshmen enrollment is down 35% since the protests, according to the latest numbers the university has publicly released. Mizzou is beginning the year with the smallest incoming class since 1999. Overall enrollment is down by more than 2,000 students, to 33,200. The campus has taken seven dormitories out of service.

The plummeting support has also cost jobs. In May, Mizzou announced it would lay off as many as 100 people and eliminate 300 more positions through retirement and attrition. Last year the university reduced its library staff and cut 50 cleaning and maintenance jobs.

Mizzou’s 2016 football season drew almost 13,000 fewer attendees than in 2015, local media reported. During basketball games, one-third of the seats in the Mizzou Arena sat empty.

The university says its teams’ losing streaks have driven away fans, state budget cuts have strained its finances, and competition from other nearby universities has contributed to its lowered enrollment. But the protests were the truly catastrophic factor, compounding the other difficulties. Administrators saw it coming during the crisis, when they fretted in emails about “a PR nightmare” and “the middle of the road people we’re losing.” The past three semesters have validated their worst fears.

This phenomenon isn’t limited to Mizzou. Private institutions like Yale and Middlebury aren’t covered by public-records laws, so they can conceal the backlash. But when public universities have released emails after giving in to campus radicals, they have consistently shown administrators face the same public outrage.

Virginia Tech received numerous phone calls and more than 100 angry emails last year after it disinvited Jason Riley, a columnist for this newspaper, from speaking on campus. “While we can respond to the people who write to us, we cannot dispel the negative impression created by the media against the president, the university, the dean and the college and the department,” one administrator woefully told his colleagues.

Virginia Tech administrators also noted that news of the debacle reached millions on Twitter, where the reactions were “overwhelmingly negative toward the university and higher education in general.” Once again, a frustrated public vowed to yank support.

Universities have consistently underestimated the power of a furious public. At the same time, they’ve overestimated the power of student activists, who have only as much influence as administrators give them. Far from avoiding controversy, administrators who respond to campus radicals with cowardice and capitulation should expect to pay a steep price for years.

First, let me preface that I am a Constitutionalist, politically. That means that my personal feelings about politics start and end with the Constitution. I have a doctorate in Law, and have a good understanding of US history—especially as it relates to individual liberty.

The thing about America is that it was a British colony, and the dumping ground for every horrible practice of nations of the time. Slavery was an abomination that had been practiced for thousands of years, and nearly every nation at the time was involved—especially most of the nations of Europe, and those of Africa. Irish were being enslaved and shipped to America and the Ivory Coast, followed by the African slave trade. Warring African tribes were attacking one another, and the victor would sell off the survivors of the defeated tribes to international slave traders. Under British rule, slave labor and white indentured servants (closely akin to slavery) was promoted heavily in the American colonies, and Caribbean islands owned by European nations were utilized as clearing houses for the African slave trade.

As the American colonists rebelled against European oppression, including oppression of most British subjects as well as those trapped in the slave life, a great division formed among the colonies—those who utilized slave labor (mainly in the South) and those who opposed it (mainly in the North). The attitudes were diametrically opposed, and we even find thousands of Southern black citizens owning African slaves and thousands of Northern black citizens using the wealth they had accumulated in living the American dream to help the liberation cause.

The American Revolution and the coming forth of the US Constitution cost a lot of American blood and wealth, and many compromises were necessary to get us to that point. Let me share an example of the compromises. The Southern slave holders afforded no rights to their slaves—yet, for the purposes of representation in the US Congress, they insisted that their hundreds of thousands of slaves be counted in the census, thereby providing several additional members of the House of Representatives to Southern congressional districts. Northern politicians, who felt that slavery was vile, objected, and insisted that the slaves not be counted at all, because counting them would actually give the South an unfair voting advantage in the Congress—which they would utilize to keep the slaves in bondage. An eventual compromise was reached, for the purpose of forming a national government, and slaves were eventually counted as 2/3 of a citizen—unfortunately, still resulting in too many Congressmen being appointed by Southern states. Here is the problem—now, over 200 years later, this horrible compromise is twisted into something else. It is pointed to by the Party that tried to get the slaves counted so they could keep slavery alive in the South, as the North’s attempt to block slaves from being counted as “humans.” History is stood on its head by modern propaganda and rewriting history.

Election materials produced by Democratic Party

Abraham Lincoln was the candidate of the Republican Party, which was formed on the platform of emancipation, and an end to slavery in the US. The Democratic Party did everything in their power to block Lincoln and the Republicans. Steven Spielberg (Democrat) made an excellent movie starring Daniel Day Lewis as Lincoln, accurately depicting the efforts of the Republicans to free the slaves and empower them as US citizens, and the Democrats’ many attempts to block those efforts. More than 600,000 Americans gave their lives in the fight for freedom, to emancipate the slaves of the South. Most families were horribly affected—black and white. America won, the Constitution won, and Southern Democrats were sent home licking their wounds. They continued to treat black Americans as second class citizens for generations, forming the KKK, lynching blacks and their Republican protectors for decades.

This went on until President Eisenhower. The Republicans were trying to pass civil rights and voting rights legislation, and Southern Democrats were filibustering. If you look at the voting records of the 1950s, you will be shocked at the names voting against the Republican Civil Rights legislation (Gore, Kennedy, Fulbright, etc.). At that same time, Southern Democrats were still legislating Jim Crow laws, and standing on university steps with the National Guard, keeping young black Americans out of “white” schools.

Planned Parenthood founder Margaret Sanger preaches the gospel of Eugenics to her fellow Democrats at KKK meeting.

There came a time when certain Democratic politicians made a decision, that they could gain political power if they suddenly changed lanes and proclaimed that they, not the Republicans, were the benevolent protectors of American blacks. This was orchestrated during the presidency of JFK, and when he was murdered, President LB Johnson championed welfare state legislation, forever trapping American minorities in a permanent underclass, dependent on government handouts. His words when he signed the Great Society legislation were, “We’ll have those n___________ voting Democrat for the next 200 years.” Despicable.

Now, when I tell my children that what they are being taught at school is not historically accurate, they get this lecture. When I tell them that Dr. Martin Luther King, Jr. was a Republican, they are surprised. When I tell them that nearly all Black Americans were Republican until the Great Society legislation won them over to the Democratic Party, they are shocked. In fact, history has been so set on its ear by those seeking to rewrite it, that my children said they were told that Lincoln was a Democrat (as declared on a university plaque in Illinois), and that the KKK was started and manned by Republicans.

The Constitution is colorblind. American conservatives are colorblind. The Constitution is set in place to protect America’s citizens and the various states from federal encroachments. America’s minorities are being used as pawns by international leftists to accumulate power in the left, leaving minorities deeper in debt and more powerless with each passing year. Additionally, 3,500 minority babies are aborted in this nation every day. Who’s behind that? As Americans, we must recognize that this is a national disgrace, and I was pleased to hear Kanye West protest this fact during the election when he shouted out to American minorities to wake up to the reality of party politics and how the left is exploiting minorities without giving anything to them of value.

[Client]—what I am trying to say is that we live in a period of extreme political turmoil. The source of this turmoil is people and organizations who do not like America, and its personal liberties afforded by the US Constitution. They are doing everything they can to destroy America. The fact that you were a member of a minority, and were personally able to break racial barriers that had been in place for many years, makes you a wonderful role model—for all people, especially, though, for minority citizens, and for young ladies. My point is, that by living the American dream, and proving that the system works for everyone, through your own success, is the loudest, most positive and affirming statement you can make. I believe that if you jump into the middle of an argument that is being hyped and twisted for political purposes (yes—this is a political struggle for power, not a racial equality struggle), that the eventual fallout will have a negative impact on your stellar public persona.

History will be on the side of those who stood by America and its ideals, enshrined in the US Constitution. Those ideals do not divide Americans into any groups—not by gender, religion, race, etc. The only people who want to emphasize those distinctions and divide the people into small groups pitted against one another are people and organizations seeking to accumulate political power at the expense of those divided groups. Divide and Conquer is how they do their damage.

Most of us are members of one minority group or another. We cannot allow enemies of liberty to persuade us to turn on one another, thereby promoting their purposes. We are all Americans, and we should say nothing more than “We Are All Americans, and we have individual liberty as our common goal.” There are extremists, yes, and they want nothing more than to suck us into their sick world by spewing hate. The world is and always has been full of them—Nazis in Germany, fascists in Italy, Socialists is Russia and China, Jihadists in the Middle East. All of these groups wish to wipe out all opposition to their world domination. Their main enemy is America, because American ideals and personal liberty make it impossible for them to succeed. Therefore, they seek to conquer America by dividing Americans. They are all represented by extremist groups here in America. They take advantage of the poor, and poorly educated, and to the extent possible, they do everything in their power to keep Americans poor and ignorant.

With this in mind, do you see why I advise you to rise above the fray, and not allow your good name and great reputation to be sullied by all of this? There are tremendous powers at work in America—and we are hearing a ton of propaganda every day. Translation—you cannot count on anything the press is reporting right now. So my advice is to let others fight this propaganda war, the rewriting of history, and the rewriting of current events. I advise that your best move is to make a simple, affirmative statement . . . .

Stephen Bannon, the chief strategist to President Trump, is expected to leave the White House, a source tells Fox News.

The New York Times also reported Friday that Trump has told aides he’s decided to remove Bannon, though it’s unclear when that might happen.

The populist Bannon formally joined Trump’s team a year ago, when the former head of Breitbart News was tapped as chief executive of the campaign. After Trump won the presidential race, Bannon was appointed to a senior adviser role at the same time Reince Priebus was named chief of staff.

The Drudge Report first reported Bannon’s exit, saying he could return to Breitbart. The New York Times then reported Trump has decided to boot Bannon.

Bannon had become increasingly isolated inside the White House following the ascension of John Kelly as chief of staff, sources inside the White House and outside advisers recently told Fox News.

Earlier this week, he gave a candid interview to a liberal magazine where he slammed some of his adversaries inside the administration.

Bannon has long been a target of mainstream Republican ire – and until now had survived even as top Trump lieutenants like Sean Spicer and Priebus have resigned.

Trump briefly addressed the speculation during a wide-ranging Q&A with reporters at Trump Tower on Tuesday afternoon, while leaving the door open as to whether Bannon would stay.

“I like Mr. Bannon, he’s a friend of mine,” Trump said, while downplaying his impact in the 2016 campaign. “I like him. He’s a good man. He’s not a racist … but we’ll see what happens with Mr. Bannon.”

Fox News’  John Roberts, Alex Pappas and Serafin Gomez contributed to this report.

President Trump accused “Obstructionist Democrats” on Friday of hurting national security by waging court fights against his policies, in an apparent reference to the battle over his travel ban and other measures that could get renewed attention following the terror attacks in Spain.

“The Obstructionist Democrats make Security for our country very difficult. They use the courts and associated delay at all times. Must stop!” Trump tweeted, later adding: “Radical Islamic Terrorism must be stopped by whatever means necessary! The courts must give us back our protective rights. Have to be tough!”

Moments earlier, Trump had said U.S. security officials are on the lookout for any signs of trouble, while assuring that America’s borders “are far tougher than ever before.”

The president issued the message as Spanish officials make arrests and hunt for more suspects in Thursday’s attacks that killed at least 14 in central Barcelona and the resort of Cambrils.

“Homeland Security and law enforcement are on alert & closely watching for any sign of trouble. Our borders are far tougher than ever before!” Trump tweeted.

Despite his assurance on the border, his administration remains locked in a court battle with opponents of his travel ban.

The Supreme Court plans to take up the case in the fall, while allowing portions of it to go into effect.

In June, the Supreme Court partially lifted lower court injunctions against Trump’s executive order that had temporarily banned visas for citizens of six countries. The justices’ ruling exempted applicants from the ban if they could prove a “bona fide relationship” with a U.S. person or entity, but the court offered only broad guidelines as to how that should be defined.

The Trump administration then set new criteria for new visa applicants from Syria, Sudan, Somalia, Libya, Iran and Yemen saying they must prove a relationship with a parent, spouse, child, adult son or daughter, son-in-law, daughter-in-law or sibling already in the United States to be eligible. The same requirement, with some exceptions, holds for would-be refugees from all nations who are still awaiting approval for admission to the U.S.

In Spain, a fourth person was arrested on Friday in connection with the terror attacks.

The death toll rose to 14 after a woman died following an injury when a car plowed into pedestrians in Cambrils, about 80 miles south of Barcelona. She is the first fatality of the attack in the popular seaside town.

Police shot and killed five suspects who were equipped with bomb belts in Cambrils. The belts were found later to be fake. It was not immediately clear if the Barcelona van driver was among the arrested or dead suspects.

Local government confirmed the incident in Cambrils was linked to the attack in central Barcelona, which wounded more than 100.

FoxNews.com, The Associated Press contributed to this report. 

DEVELOPING: Several people were injured after a white van rammed into dozens of people in a popular tourism district of Barcelona Thursday in what local police described as a likely “terror attack.”

The incident took place on Las Ramblas of Barcelona, the famous main pedestrian walk way that crosses the city. Police described the incident on Twitter as a “massive crash.”

In a photograph shown by public broadcaster RTVE, three people were lying on the ground in the street and were apparently being helped by police and others.

A grisly video of the incident appeared to show at least five people lying motionless on the ground, with legs twisted and heads bloodied.

“It was real chaos, people started running, screaming. There was a loud bang,” eyewitness Ethan Spibey told Sky News.

The Spanish newspaper El Pais quoted unnamed police sources as saying the perpetrators of the crash were holed up in a bar in Tallers Street. There was no immediate police confirmation of the report.

Catalan emergency services said people should not go to the area around Placa Catalunya, according to Reuters.

Witnesses told El Pais the driver ran over several people, and there were injured people lying on the ground.

El Pais, citing a police source, said the driver of the van fled the scene after the crash

One witness said the van “has trampled people while crossing the traffic light.”

The Ministry of the Interior said on Twitter: “There has just been a massive crash on the Ramblas in Barcelona by a person with a van. There are injured.”

Police officers tell members of the public to leave the scene in a street in Barcelona, Spain, Thursday, Aug. 17, 2017  (AP Photo/Manu Fernandez)

Emergency services in Catalonia say they have asked the Metro and train services in the area to close.

Police cordoned off the broad street and shut down its stores. They asked people to stay away from the area so as not to get in the way of the emergency services. A helicopter hovered over the scene.

The U.S consulate in Barcelona said on Twitter it was “aware of a reported incident at Las Ramblas in Barcelona. Please avoid the area and monitor local police @mossos for updates.”

“Americans in Spain: If you are safe, be sure to notify friends and loved ones. If you use social media, be sure to update your status,” the consulate tweeted.

The National Counterterrorism Center, the government hub for threat analysis, confirmed to Fox News the center is monitoring the events in Barcelona and note the use of a vehicle as a weapon.

Since July 2016, vehicles have been used to ram into crowds in terror attack across Europe, killing well over 100 people in Nice, Berlin, London, and Stockholm.

Las Ramblas is a packed tourist area in central Barcelona whose central feature is a broad promenade leading to the water. The stretch is lined with numerous shops, restaurants, a sprawling market and Gaudí architecture.

People walk down a wide, pedestrianized path in the center of the street, but cars can travel on either side of the area.

Fox News’ Catherine Herridge, Judson Berger, The Associated Press contributed to this report.

North Korea ‘will be met with fire and fury like the world has never seen’ if more threats emerge

President Trump has responded to reports of North Korea’s nuclear threats, saying the regime “will be met with fire, fury and frankly power, the likes of which the world has never seen before.”

Speaking from New Jersey on Tuesday, Trump also said North Korean leader Kim Jong Un “has been very threatening beyond a normal state,” adding that the regime “best not make anymore threats to the United States.”

The president’s comments come after a report was published by The Washington Post claiming North Korea has produced a compact nuclear warhead that can be placed inside one of its advanced missiles – which are already believed to be capable of reaching half of the United States.

The jarring assessment was prepared in July by the Defense Intelligence Agency, according to the Post. The Post was read parts of the DIA analysis and the document was verified by other U.S. officials, the newspaper reported.

“The [intelligence community] assesses North Korea has produced nuclear weapons for ballistic missile delivery, to include delivery by ICBM-class missiles,” an excerpt of the DIA analysis states.

Further, it is now believed that dictator Kim Jong Un may control up to 60 nuclear weapons.

The DIA report echoed some of the evaluations made in a lengthy Japanese defense white paper also revealed on Tuesday.

“It is conceivable that North Korea’s nuclear weapons program has already considerably advanced and it is possible that North Korea has already achieved the miniaturization of nuclear weapons into warheads and has acquired nuclear warheads,” Japan’s defense ministry said in the 500-page report.

The miniaturization of a nuclear warhead was one of three things U.S. officials said the regime needed to do in regards to their long-range missile tests.

Officials said North Korea also needed to be able to hit a target and demonstrate the ability to “re-enter” the earth’s atmosphere.

The regime has conducted 12 tests so far this year. One of the ICBM tests conducted in late July, in which a missile traveled 2,300 miles into space and 45 minutes into the air, was the longest and farthest ballistic missile test in the history of North Korea, officials told Fox News at the time.

“North Korea CAN miniaturize nuclear weapons for use on ballistic missiles,” leading North Korea expert Mark Fitzpatrick told Fox News. “North Korea has been working on miniaturizing a war head for 30 years now.” Fitzpatrick continued, saying that the regime is “very technically competent. It is natural that they should achieve this.”

Regarding the Post’s claim that the regime has up to 60 nuclear weapons, Fitzpatrick thinks that number is high and believes the number is closer to the 20-30 that others have estimated.

Reactions to the news highlighted the stunning advancements depicted in the reports. Some of those who’ve tangled with North Korea in the past advocated throwing diplomacy to the wayside.

“We’ve been playing the diplomatic game for a long time with #NorthKorea and it’s only given them time to advance their weapons program,” former U.S. Ambassador to the United Nations John Bolton tweeted.

Harry Kazianis, a columnist for the Asia Times and a senior editor at the National Interest, told Fox News’ “Happening Now” on Tuesday that North Korea was a “full-fledged” nuclear power.

But the U.S. on Saturday achieved what appeared to be a remarkable diplomatic victory, securing the unanimous approval of tough new sanctions — including votes from Russia and China.

Fox News’ Greg Palkot contributed to this report.

Love him or hate him, job creation is happening under President Trump – 1.29 million jobs have been created since he took office in January – helped with the addition of 209K positions in July, plus June data was revised higher by the Bureau of Labor Statistics. And the unemployment rate dropped to 4.3%.

Trump is just getting started…. so he said in a tweet Friday following the July jobs data.

Indeed, coincidently on Friday, Toyota (TM) and Mazda announced a plan to invest $1.6 billion in a U.S. factory, in a state yet to be named. This is expected to create 4,000 jobs. Last month, Apple (AAPL) supplier Foxconn agreed to open a factory in Wisconsin, which is expected to generate 3,000 jobs and the company indicated that number could grow.

Still, some remain skeptical of the President. Newsweek’s new cover labeled him ‘Lazy Boy’. FOX Business anchor Neil Cavuto took issue with the cover, calling it “unfair to the President of the United States” while also acknowledging that POTUS is far from perfect. He also defended the way job creation and economic progress should be covered regardless of politics. “Was that all the President? No but it happened under the President and similar good things happened under Barack Obama, all the media would naturally credit Barack Obama, it flips the other way too if it doesn’t go your way,” he points out.

Even before President Trump officially took office in January he began strong arming American CEOs, some of whom, reversed plans to move jobs overseas.

In November of last year, Carrier, a unit of United Technologies (UTX) agreed to keep 1,100 jobs in Indianapolis. While the company said in a July statement Opens a New Window. that it remains committed to these jobs, a realignment of manufacturing operations will impact “600 Indianapolis jobs over the next several months” as previously announced.

Then came Ford (F), which scrapped plans to move production of the Lincoln SUV from Kentucky to Mexico, prompting the President to give a shout out tweet to scion Bill Ford.

The President is also attempting to revive the beleaguered coal industry with the opening of the Acosta Coal Mine in Pennsylvania, the first in many years. Corsa CEO George Dethlefsen told FOX it will create 70 jobs.

Five of the six months since taking office, the economy has generated north of 200K jobs, the level economists like to see for a growing economy. These numbers have the White House in a celebratory mood.

Not everything is as rosy as the White House would like. While jobs are growing the U.S. economy is still struggling to see sustained GDP growth above 3%, but there are signs of a rebound. An advance estimate for 2Q came in at 2.6% last month, stronger than the 1Q’s 1.2% showing.

And then there’s the question of stalled policies such as healthcare, which some say spells doom and gloom for tax reform, a cornerstone of the Trump administration’s pro-business push.

Still, despite those concerns investors like what they see so far. U.S. stocks continue to notch fresh records with the Dow Jones Industrial Average scoring a new milestone this week – 22K. Roughly $4 trillion in market value has been added to the stock market under President Trump with the S&P 500 averaging a 10.5% return for 2017 giving 401(K)s, pension funds and investment accounts a solid boost.

Suzanne O’Halloran is Managing Editor of FOXBusiness.com and a graduate of Boston College. Follow her on @suzohalloran  Opens a New Window. .

Top health insurance companies in numerous states are looking to hike premiums by double-digits – some by roughly 30 percent or more – for ObamaCare plans in 2018, according to newly released figures that could light a fire under stalled efforts on Capitol Hill to fix the program.

“A lot of us have lost focus on the fact that the system we have doesn’t work,” White House Budget Director Mick Mulvaney told “Fox & Friends” on Wednesday, referring to the proposed premium hikes.

The Wall Street Journal reported that major insurers in Idaho, West Virginia, South Carolina, Iowa and Wyoming are pitching premium hikes averaging 30 percent or higher.

Other states also could see double-digit hikes, including New Mexico, Tennessee and Texas – while elsewhere, insurers are eyeing smaller increases.

The requests are preliminary and could change before insurers strike 2018 agreements with federal officials in the fall.

But they underscore concerns about Affordable Care Act plans becoming increasingly unaffordable, as Republicans struggle to come up with an ObamaCare replacement bill that can pass Congress.

Their latest legislation – the so-called “skinny repeal” – failed by a single vote in the Senate last week, leaving lawmakers split over whether to “move on” and tackle issues like tax reform or regroup and try again. President Trump is urging Republicans not to give up, and even some Democrats have started to float ideas for shoring up the law, without scrapping it.

“I do think it’s important that they continue to work on health care,” Mulvaney said. “ObamaCare’s still broken. It was just as broken today as it was last week; in fact, more so.”

However, while the premium hikes could energize GOP efforts to upend the Affordable Care Act, they also could fuel Democrats’ criticism over how Republicans are handling to repeal/replace debate.

The Journal reported that insurers are concerned about Trump’s threat to halt payments to the industry that in turn help bring down costs, as well as whether Republicans will continue to enforce the individual mandate to buy insurance.

According to the Journal, one insurer in Montana linked the bulk of its proposed 23 percent increase to those two concerns.

FoxNews.com