Cohen returns to Capitol Hill after slamming Trump as liar

WASHINGTON — In a damning depiction of Donald Trump, the president’s former lawyer cast him as a racist and a con man who used his inner circle to cover up politically damaging allegations about sex and who lied throughout the 2016 election campaign about his business interests in Russia.

A day after publicly testifying before the House’s oversight committee, Michael Cohen returned Thursday to Capitol Hill, this time to testify behind closed doors to the House intelligence committee.

Cohen, who previously pleaded guilty to lying to Congress, told lawmakers Wednesday that Trump had advance knowledge and embraced the news that emails damaging to Democratic rival Hillary Clinton would be released during the campaign. But he also said he had no “direct evidence” that Trump or his aides colluded with Russia to get him elected, the primary question of special counsel Robert Mueller’s investigation.

Cohen, shaking off incessant criticism from Republicans anxious to paint him as a felon and a liar, became the first Trump insider to pull back the curtain on a version of the inner workings of Trump’s political and business operations. He likened the president to a “mobster” who demanded blind loyalty from underlings and expected them to lie on his behalf to conceal information and protect him — even if it meant breaking the law.

“I am not protecting Mr. Trump anymore,” Cohen declared.

“My loyalty to Mr. Trump has cost me everything: my family’s happiness, friendships, my law license, my company, my livelihood, my honour, my reputation and soon my freedom,” Cohen said. “I will not sit back, say nothing and allow him to do the same to the country.”

Cohen’s matter-of-fact testimony about secret payments and lies unfolded as Trump met with North Korean leader Kim Jong Un. At a Vietnam hotel and unable to ignore the drama thousands of miles away, Trump lashed out on Twitter, saying Cohen “did bad things unrelated to Trump” and “is lying in order to reduce his prison time.”

Later, Trump, speaking at a press conference in Vietnam after the summit with Kim ended early, said he was a “little impressed” that Cohen told Congress there was “no collusion” between his presidential campaign and Russia.

Trump said Thursday he tried to watch as much of Cohen’s marathon congressional hearing as he could. He slammed the hearing as “fake” and said it was a “terrible thing” for Democrats to hold it during the summit.

In testimony that cut to the heart of federal investigations encircling the White House, Cohen said he arranged a hush money payment to a porn actress at Trump’s behest and agreed to lie about it to the public and the first lady. Cohen said he had lied by claiming that Trump was “not knowledgeable” about the transaction even though Trump had directly arranged for his reimbursement. And he said he was left with the unmistakable impression Trump wanted him to lie to Congress about a Moscow real estate project, though the president never directly told him so.

In one revelation, Cohen said prosecutors in New York were investigating conversations Trump or his advisers had with him after his office and hotel room were raided by the FBI last April. Cohen said he could not discuss that conversation, the last contact he said he has had with the president or anyone acting on his behalf, because it remains under investigation.

The appearance marked the latest step in Cohen’s evolution from legal fixer for the president — he once boasted he’d “take a bullet” for Trump — to a foe who has implicated him in federal campaign finance violations. The hearing proceeded along parallel tracks, with Democrats focusing on allegations against Trump while Republicans sought to undermine Cohen’s credibility and the proceeding itself.

As Republicans blasted him as a convicted liar, a mostly unrattled Cohen sought to blunt the attacks by repeatedly acknowledging his own failings. He called himself a “fool,” warned lawmakers of the perils of blind loyalty to a leader undeserving of it and pronounced himself ashamed of what he’d done to protect Trump.

Cohen is due to begin a three-year prison sentence in May, and he described himself as co-operative with multiple investigations in hopes of reducing his time behind bars. He is seen as a vital witness for federal prosecutors because of his proximity to the president during key episodes under investigation and their decade-long professional relationship.

The first of six Trump aides charged in the Trump-Russia investigation to testify publicly about crimes committed during the 2016 campaign and in the months that followed, Cohen also delivered biting personal commentary on a president he said never expected to win in the first place.

“He never expected to win the primary. He never expected to win the general election,” Cohen said. “The campaign — for him — was always a marketing opportunity.”

He recounted how Trump made him threaten schools he attended to not release his grades and SAT scores and denigrated blacks as “too stupid” to vote for him. He said Trump once confided to him that, despite his public explanation of a medical deferment from the Vietnam War because of bone spurs, he never had any intention of fighting there.

“I find it ironic, President Trump, that you are in Vietnam right now,” Cohen said.

Cohen gave lawmakers his first-person account of how he arranged to buy the silence of porn actress Stormy Daniels and former Playboy model Karen McDougal, who said they had sex with Trump. He described a February 2017 conversation with Trump in the Oval Office in which the president reassured him that reimbursement checks sent through Federal Express were coming but would take some time to get through the White House system.

He said the president spoke to him a year later to discuss the public messaging around the transaction and had even once put his wife, Melania Trump, on the phone so that Cohen could lie to her.

“Lying to the first lady is one of my biggest regrets,” Cohen said. “She is a kind, good person. I respect her greatly, and she did not deserve that.”

Federal prosecutors in New York have said Trump directed Cohen to arrange payments to buy the silence of the porn actress and the former Playboy model in the run-up to the 2016 campaign. Cohen has said he acted out of “blind loyalty.”

He said he was presenting the committee with a copy of a check Trump wrote from his personal bank account after he became president to reimburse Cohen for the hush money payments. He offered up other exhibits as well, including examples of financial statements he said Trump had drawn up to show he was wealthier than he really was.

In an allegation relating to Mueller’s probe, Cohen said he overheard Trump confidant Roger Stone telling the candidate in the summer of 2016 that WikiLeaks would dump damaging information about Clinton.

Trump put Stone on speakerphone as Stone relayed that he had communicated with WikiLeaks founder Julian Assange and that “within a couple of days, there would be a massive dump of emails that would damage Hillary Clinton’s campaign,” Cohen said. Damaging emails U.S. officials say were hacked by Russia were later released by WikiLeaks.

Trump responded by saying “wouldn’t that be great,” Cohen said.

Stone disputed that account Wednesday, and Barry Pollack, a lawyer for Assange, said Stone and Assange did not have the telephone call that Cohen described.

Cohen’s claims that Trump had advance knowledge of the emails contradict the president’s assertions that he was in the dark, and it is unclear how legally problematic that could be for Trump anyway. Mueller has not suggested that mere awareness of WikiLeaks’ plans, as Stone is purported to have had, is by itself a crime.

Cohen also suggested Trump implicitly told him to lie about a Moscow real estate project. Cohen has admitted lying about the project, which he says Trump knew about as Cohen was negotiating with Russia during the campaign. Cohen said Trump did not directly tell him to lie, but “he would look me in the eye and tell me there’s no business in Russia and then go out and lie to the American people by saying the same thing.”

Cohen said he does not have direct evidence that Trump colluded with the Russian government during the election but he has “suspicions,” including after a June 2016 meeting between the president’s oldest son and a Kremlin-connected lawyer.

“I wouldn’t use the word ‘colluding.’ Was there something odd about the back-and-forth praise with President Putin?” Cohen said. “Yes, but I’m not really sure I can answer that question in terms of collusion.”

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Associated Press writers Laurie Kellman, Lisa Mascaro, Chad Day, Michael Balsamo and Colleen Long contributed to this report.

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Follow all of AP’s Trump Investigations coverage at https://apnews.com/TrumpInvestigations

Mary Clare Jalonick, Eric Tucker And Michael R. Sisak, The Associated Press

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Taxpayers Federation calling on BC Government to scrap failed Carbon Tax

Published on January 16, 2025

Todayville

From the Canadian Taxpayers Federation

By Carson Binda

BC Government promised carbon tax would reduce CO2 by 33%. It has done nothing.

The Canadian Taxpayers Federation is calling on the British Columbia government to scrap the carbon tax as new data shows the province’s carbon emissions have continued to rise, despite the oldest carbon tax in the country.

“The carbon tax isn’t reducing carbon emissions like the politicians promised,” said Carson Binda, B.C. Director for the Canadian Taxpayers Federation. “Premier David Eby needs to axe the tax now to save British Columbians money.”

Emissions data from the provincial government shows that British Columbia’s emissions have risen since the introduction of a carbon tax.

Total emissions in 2007, the last year without a provincial carbon tax, stood at 65.5 MtCO2e, while 2022 emissions data shows an increase to 65.6 MtCO2e.

When the carbon tax was introduced, the B.C. government pledged that it would reduce greenhouse gas emissions by 33 per cent.

The Eby government plans to increase the B.C. carbon tax again on April 1, 2025. After that increase, the carbon tax will add 21 cents to the cost of a litre of natural gas, 25 cents per litre of diesel and 18 cents per cubic meter of natural gas.

“The carbon tax has cost British Columbians a lot of money, but it hasn’t helped the environment as promised,” Binda said. “Eby has a simple choice: scrap the carbon tax before April 1, or force British Columbians to pay even more to heat our homes and drive to work.”

If a family fills up the minivan once per week for a year, the carbon tax will cost them $728. The carbon tax on natural gas will add $435 to the average family’s home heating bills in the 12 months after the April 1 carbon tax hike.

Other provinces, like Saskatchewan, have unilaterally stopped collecting the carbon tax on essentials like home heating and have not faced consequences from Ottawa.

“British Columbians need real relief from the costs of the provincial carbon tax,” Binda said. “Eby needs to stop waiting for permission from the leaderless federal government and scrap the tax on British Columbians.”

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The problem with deficits and debt

Published on January 13, 2025

Todayville

From the Fraser Institute

By Tegan Hill and Jake Fuss

This fiscal year (2024/25), the federal government and eight out of 10 provinces project a budget deficit, meaning they’re spending more than collecting in revenues. Unfortunately, this trend isn’t new. Many Canadian governments—including the federal government—have routinely ran deficits over the last decade.

But why should Canadians care? If you listen to some politicians (and even some economists), they say deficits—and the debt they produce—are no big deal. But in reality, the consequences of government debt are real and land squarely on everyday Canadians.

Budget deficits, which occur when the government spends more than it collects in revenue over the fiscal year, fuel debt accumulation. For example, since 2015, the federal government’s large and persistent deficits have more than doubled total federal debt, which will reach a projected $2.2 trillion this fiscal year. That has real world consequences. Here are a few of them:

Diverted Program Spending: Just as Canadians must pay interest on their own mortgages or car loans, taxpayers must pay interest on government debt. Each dollar spent paying interest is a dollar diverted from public programs such as health care and education, or potential tax relief. This fiscal year, federal debt interest costs will reach $53.7 billion or $1,301 per Canadian. And that number doesn’t include provincial government debt interest, which varies by province. In Ontario, for example, debt interest costs are projected to be $12.7 billion or $789 per Ontarian.

Higher Taxes in the Future: When governments run deficits, they’re borrowing to pay for today’s spending. But eventually someone (i.e. future generations of Canadians) must pay for this borrowing in the form of higher taxes. For example, if you’re a 16-year-old Canadian in 2025, you’ll pay an estimated $29,663 over your lifetime in additional personal income taxes (that you would otherwise not pay) due to Canada’s ballooning federal debt. By comparison, a 65-year-old will pay an estimated $2,433. Younger Canadians clearly bear a disproportionately large share of the government debt being accumulated currently.

Risks of rising interest rates: When governments run deficits, they increase demand for borrowing. In other words, governments compete with individuals, families and businesses for the savings available for borrowing. In response, interest rates rise, and subsequently, so does the cost of servicing government debt. Of course, the private sector also must pay these higher interest rates, which can reduce the level of private investment in the economy. In other words, private investment that would have occurred no longer does because of higher interest rates, which reduces overall economic growth—the foundation for job-creation and prosperity. Not surprisingly, as government debt has increased, business investment has declined—specifically, business investment per worker fell from $18,363 in 2014 to $14,687 in 2021 (inflation-adjusted).

Risk of Inflation: When governments increase spending, particularly with borrowed money, they add more money to the economy, which can fuel inflation. According to a 2023 report from Scotiabank, government spending contributed significantly to higher interest rates in Canada, accounting for an estimated 42 per cent of the increase in the Bank of Canada’s rate since the first quarter of 2022. As a result, many Canadians have seen the costs of their borrowing—mortgages, car loans, lines of credit—soar in recent years.

Recession Risks: The accumulation of deficits and debt, which do not enhance productivity in the economy, weaken the government’s ability to deal with future challenges including economic downturns because the government has less fiscal capacity available to take on more debt. That’s because during a recession, government spending automatically increases and government revenues decrease, even before policymakers react with any specific measures. For example, as unemployment rises, employment insurance (EI) payments automatically increase, while revenues for EI decrease. Therefore, when a downturn or recession hits, and the government wants to spend even more money beyond these automatic programs, it must go further into debt.

Government debt comes with major consequences for Canadians. To alleviate the pain of government debt on Canadians, our policymakers should work to balance their budgets in 2025.