US Ex-Vice President Biden launches 2020 presidential campaign
Washington: Former Vice President Joe Biden formally joined the crowded Democratic presidential contest on Thursday, betting that his working-class appeal and ties to Barack Obama's presidency will help him overcome questions about his place in today's increasingly liberal Democratic Party.
He made his announcement in a video posted on Twitter.Thursday's announcement marks the unofficial end of the chaotic early phase of the 2020 presidential season. The field now features at least 20 Democrats jockeying for the chance to take on President Donald Trump next year. Several lesser-known candidates may still join the race.
Biden, a 76-year-old lifelong politician, becomes an instant front-runner alongside Vermont Sen. Bernie Sanders, who is leading many polls and has proved to be a successful fundraiser.Among Democrats, Biden has unmatched international and legislative experience, and he is among the best-known faces in U.S. politics.
But the anti-establishment wave that swept Trump into office has not been kind to either party's statesmen. Biden's team worries about his fundraising ability and his tendency to commit gaffes. His centrist approach in a party moving left on major policy debates raises questions about his appeal.
Four years Trump's senior, Biden would be the oldest person ever elected president should he win. Yet his allies believe the skeptics will ultimately warm to his strong connections to the Obama years.
Biden has said he would campaign as an "Obama-Biden Democrat," who is as pragmatic as he is progressive. He's aiming to be a conduit between working-class white voters and the younger, more diverse voters who backed Obama in historic numbers.
The Republican Party wasted no time seeking to undercut Biden's record, releasing a video on Wednesday questioning economic growth under Obama and Biden while resurrecting conservative arguments against Obama's health care law and a failed investment in green energy company Solyndra.
The video ends with the words, "Joe Biden: Backwards, not forwards." Yet privately, Trump allies have warned that Biden might be the biggest re-election threat given the former vice president's potential appeal among the white working class in the Midwest, the region that gave Trump a path to the presidency.
The Republican video notably does not argue a Biden candidacy would lead to socialism, as Trump and his backers have said would happen with many in the large 2020 Democratic presidential field.
Biden is paying special attention to Pennsylvania, a state that swung to Trump in 2016 after voting for Democratic presidential candidates for decades.
The former vice president will be in the state three times within the opening weeks of his campaign. He'll be in Philadelphia on Thursday evening headlining a fundraiser at the home of David L. Cohen, executive senior vice president of Comcast. Biden is aiming to raise 500,000 at the event.
He will hold an event in Pittsburgh on Monday and will return to Philadelphia in the next two weeks for a major rally.His plans were described by people who spoke on the condition of anonymity because they weren't authorized to discuss his schedule and fundraising goals.
With a record that stretches half a century, Biden's challenges are easy to find.
Most recently, he struggled to respond to claims that he touched 2014 Nevada lieutenant governor nominee Lucy Flores' shoulders and kissed the back of her head before a fall campaign event. A handful of other women have made similar claims, though none has alleged sexual misconduct.
Biden initially said he didn't recall the Flores incident but credited her with coming forward. He took a different approach in a subsequent statement, saying, "Never did I believe I acted inappropriately." Biden later pledged in an online video to be "much more mindful" of respecting personal space but joked two days later that he "had permission" to hug a male union leader before addressing the group's national conference.
The episode offered a stark reminder of Biden's proclivity to gaffes and his long record in public office that has never felt the full glare of the spotlight that comes along with being a presidential front-runner.
His first White House bid in 1988 ended after a plagiarism scandal. He dropped out of the 2008 race after earning less than 1 percent of the vote in the Iowa caucuses. Later that year, Obama named Biden as his running mate.
More recently, Biden's willingness to work with Republicans has caused him political headaches.He was forced to walk back a comment last month that Vice President Mike Pence is "a decent guy" after intense blowback from liberal activists upset with Pence's opposition to gay rights.
In recent weeks, Biden also has been repeatedly forced to explain his 1991 decision, as Senate Judiciary Committee chairman, to allow Anita Hill to face difficult questions from an all-male panel about allegations of sexual harassment against Supreme Court nominee Clarence Thomas, who later was confirmed to the high court.
Biden has since apologized for his role in the hearing. But in the #MeToo era, particularly after the contentious confirmation of Supreme Court Justice Brett Kavanaugh, the episode remains a significant political liability. (AP)
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
KERC increases electricity tariffs for commercial, industrial consumers
Bengaluru (PTI): The Karnataka Electricity Regulatory Commission has reduced electricity tariffs for agricultural pump sets for 2025–26 from the earlier uniform rate of Rs 8.30 per unit to a range of Rs 6.57 to Rs 7.79 per unit across the state.
However, the Commission has increased tariffs for select commercial and industrial consumers by 10 paise to a maximum of 95 paise per unit.
As per the Commission’s order, the revised tariffs are as follows: LT-3a (low-tension commercial) consumers will pay a fixed charge of Rs 235 per kW and an energy charge of Rs 7.10 per unit, while LT-5 (industrial) consumers will be charged Rs 165 per HP as fixed charges and Rs 5.20 per unit as energy charges.
In the high-tension segment, HT-2a (industrial) consumers will pay a demand charge of Rs 365 per kVA and an energy charge of Rs 6.70 per unit, while HT-2b (commercial) consumers will pay Rs 390 per kVA as demand charges and Rs 6.90 per unit as energy charges.
The revised tariffs were notified in an order issued on March 3 after the Commission allowed a review petition filed by five state-run electricity supply companies—Bangalore Electricity Supply Company, Mangalore Electricity Supply Company, Chamundeshwari Electricity Supply Corporation, Hubli Electricity Supply Company and Gulbarga Electricity Supply Company.
The order, however, does not specify the date from which the revised tariffs will come into effect.
In its earlier tariff order dated March 27, 2025, the Commission had fixed the LT-4a tariff uniformly at Rs 8.30 per unit across all ESCOMs.
Consumers in the LT-4a category — primarily agricultural pump set users — are provided free power supply, with the state government reimbursing the cost through subsidies.
According to the order, the petitioners informed the Commission that despite the Government of Karnataka allocating Rs 16,021 crore towards subsidies for free power supply to LT-4a consumers, the ESCOMs would not be able to fully recover the cost of electricity supplied under the earlier tariff structure.
The Commission noted that this would leave distribution companies with no option but to demand payment of the balance amount from farmers, leading to “unexpected and undue hardship” for the agricultural community, which it described as the backbone of the state’s agricultural production.
The reduction in the LT-4a tariff would, however, result in a revenue shortfall of Rs 2,362.47 crore compared to the tariffs considered in the order under review.
Observing that it was necessary to safeguard farmers’ interests while ensuring that ESCOMs reasonably recover costs, the Commission said the review petition could be allowed under the provisions of the Code of Civil Procedure, 1908.
The petitioners informed the Commission that the Government of Karnataka has allocated an additional Rs 2,362.47 crore, supplementing the existing budgetary provision of Rs 16,021 crore, recognising that the entire financial burden should not be passed on to consumers and must be partially borne by the government.
The petitioners further stated that they will mobilise Rs 1,107.60 crore through miscellaneous revenue.
“The balance shortfall to be met by increasing tariffs for industrial and commercial consumers, amounting to Rs 1,254.88 crore, appears reasonable and justifiable,” the Commission added.
