Thursday in Whitewater will be mostly cloudy with a high of sixty-four. Sunrise is 6:53 AM and sunset 4:27 PM, for 9h 34m 10s of daytime. The moon is a waxing crescent with 23.4% of its visible disk illuminated.
On this day in 1863, President Lincoln delivers the Gettysburg Address at the dedication ceremony for the military cemetery at Gettysburg, Pennsylvania.
Recommended for reading in full —
Before William Barr became President Donald Trump’s choice to lead the U.S. Department of Justice, he represented Caterpillar Inc, a Fortune 100 company, in a federal criminal investigation by the department.
Much was at stake for Caterpillar: Since 2018, the Internal Revenue Service has been demanding $2.3 billion in payments from the company in connection with the tax matters under criminal investigation. The company is contesting that finding.
A week after Barr was nominated for the job of attorney general, Justice officials in Washington told the investigative team in the active criminal probe of Caterpillar to take “no further action” in the case, according to an email written by one of the agents and reviewed by Reuters.
The decision, the email said, came from the Justice Department’s Tax Division and the office of the deputy attorney general, who was then Rod Rosenstein.
“I was instructed on December 13, 2018,” wrote the agent, Jason LeBeau, “that the Tax Division and the Office of the Deputy Attorney General jointly came to the decision that no further action was to be taken on the matter until further notice.” LeBeau, an inspector general agent at the U.S. Federal Deposit Insurance Corporation, declined interview requests from Reuters.
Since then, a source close to the case says, the investigation has “stalled.” The order to freeze the Caterpillar investigation has not been previously reported.
Christopher Pulliam, Richard V. Reeves, and Ariel Gelrud Shiro write The middle class is already racially diverse:
There are myriad definitions of the middle class based on cash, credentials, or culture. Even if we focus just on income, there are at least a dozen definitions. In the work of the Future of the Middle Class Initiative, we define the middle class as the middle 60 percent of the income distribution.
For the analysis here, we further restrict our definition to individuals aged 25-54, what economists often call “prime age.” We do this as a crude control for dynamics around age and income – specifically as these dynamics differ between racial groups.
AMERICAN MIDDLE CLASS IS NOW FAR MORE DIVERSE
Below we show the racial composition of the middle class in 1979 compared to 2019. Information on race is somewhat limited in earlier years of the Current Population Survey. For example, “Asian or Pacific Islander” was not an option until 1988. In order to compare trends over time, then, we are restricted to the categorization of earlier survey years.
Four decades ago, the vast majority of the middle class was white. In 1979, the middle class was 84 percent white, nine percent Black, five percent Hispanic, and two percent “other.” Over time, the middle class has become much more race–plural. In 2019, the middle class was 59 percent white, 12 percent Black, 18 percent Hispanic, and ten percent “other.”
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