Sep 23, 2018

How Palo Alto taxpayers are funding California

The former Palo Alto home of Hewlett-Packard founders Bill Hewlett and Dave Packard. Photo: Kimberly White/Corbis via Getty Images

California scooped up just under $1 billion from nearly 9,000 tax returns filed in 94301 (Palo Alto, home of Stanford and the "birthplace of Silicon Valley") in 2016 — more revenue than from any other ZIP Code in California, the L.A. Times' Melanie Mason reports.

Why it matters: As Democrat Gavin Newsom and Republican John Cox campaign for governor, taxes paid "in Palo Alto’s 94301 and a handful of other affluent ZIP Codes ... will determine whether promises to build more houses, overhaul healthcare or invest in schools can actually be kept. ... Economists and politicians have long said that California’s volatile revenue base leaves the state at risk for a painful budgetary reckoning when the economy slumps."

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Pence aide says intel report of Russia helping Trump is "false information"

Marc Short. Screenshot: Fox News

Marc Short, chief of staff to Vice President Mike Pence, claimed on "Fox News Sunday" that the White House has not received intelligence that Russia is seeking to help President Trump win re-election, calling it "false information" that has been selectively leaked by Democrats on the House Intelligence Committee.

The big picture: Short and national security adviser Robert O'Brien both dismissed reports published in the Washington Post and New York Times last week about a briefing provided by top election security official Shelby Pierson, an aide to outgoing acting director of national intelligence Joseph Maguire.

Bernie's juggernaut

Sen. Bernie Sanders speaks in San Antonio last night with his wife, Jane. Photo: Eric Gay/AP

Sen. Bernie Sanders won so big in the Nevada caucuses that Democrats are hard-pressed to sketch a way he's not their nominee.

Driving the news: With 60% of precincts counted (slow, but better than Iowa!), Sanders is running away with 46% of delegates — crushing Joe Biden's 20%, Pete Buttigieg's 15%, Sen. Elizabeth Warren's 10% and Sen. Amy Klobuchar's 5%.

Clyburn: Sanders' "socialist" label will be "extra burden" in House races

Jim Clyburn with Speaker Nancy Pelosi. Photo: Mario Tama/Getty Images

House Majority Whip Jim Clyburn (D-S.C.) said on ABC's "This Week" Sunday that Sen. Bernie Sanders' identification as a democratic socialist may be an "extra burden" in down-ballot House races if he were to win the Democratic nomination.

Why it matters: Clyburn's comments echo fears from many establishment Democrats, who worry the House majority they won in 2018 by taking moderate seats carried by President Trump could be at risk with Sanders at the top of the ticket.