Search Results for Congress

Ban on AI Regulations in Trump’s Tax Bill Carries a Huge Environmental CostThis story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. Republicans are pushing to pass a major spending bill that includes provisions to prevent states from enacting regulations on artificial intelligence. Such untamed growth in AI will take a heavy toll upon the world’s dangerously overheating climate, experts have warned. About 1 billion tons of planet-heating carbon dioxide are set to be emitted in the US just from AI over the next decade if no restraints are placed on the industry’s enormous electricity consumption, according to estimates by researchers at Harvard University and provided to the Guardian. This 10-year timeframe, a period of time in which Republicans want a “pause” of state-level regulations upon AI, will see so much electricity use in data centers for AI purposes that the US will add…

Even Sky-High Income Tax Rates Won’t Stop the Relentless Rise of the RichestWill Donald Trump’s “One Big Beautiful Bill,” as critics contend, be a massive giveaway to the rich? Absolutely, when you tally it up. Yet the bill’s provisions, while devastating to the nation’s poorest, represent only modest gains for the majority of affluent families. Consider the merely rich—the top-earning 10 percent of households. The Congressional Budget Office estimates that the House version of the bill will increase average after-tax resources of those families by about $12,000, or 2.3 percent—hardly life-changing for families that bring home an average of $522,000 a year after taxes. (It may well prove life-changing for families on Medicaid and food stamps, and not in a good way.) And what of the “ultrawealthy”—which I’ll define as households with at least $100 million in assets, enough to break into the richest 0.01 percent? For them, the financial…

Trump’s ‘big, beautiful bill’ has been handed a major victory, legal watchdog grou…The complete expulsion of an artificial intelligence (AI)-related amendment in President Donald Trump’s “big, beautiful bill” is supposedly a big win for American families, businesses and the administration itself, according to one legal watchdog group.”The removal of the 10-year and 5-year AI moratorium from Trump’s bill is a major victory,” Article III Project President and founder Mike Davis told Fox News Digital on Tuesday. “We don’t need to degrade ourselves like China to outcompete them.””We believe in protecting our children, safeguarding intellectual property, and ensuring our system of free speech, self-governance and innovation thrives,” he continued. “This provision would have handed over our cultural and economic future to Big Tech oligarchs.”HOUSE DEMOCRATS TARGET G.O.P. OVER PRICE OF GROCERIES AHEAD OF JULY 4TH HOLIDAYIn the early morning hours on Tuesday, an agreement collapsed between Sens. Marsha Blackburn, R-Tenn., and…

Tesla DOGE-d ItselfBefore DOGE, there was Twitter. In 2023, Elon Musk seemed too distracted by his latest venture to run the world’s most valuable car company. Tesla was faltering as he focused on remaking (and renaming) the social-media network. So at Tesla’s investor-day event in Austin that March, Musk responded with a rare show of force. He was joined onstage by a cadre of more than a dozen of the company’s top executives, all to signal that even if he was extremely busy, Tesla was run by a world-class team: “We’ve obviously got significant bench strength here,” Musk said. Sure enough, Tesla closed out 2023 with the best sales it’s ever had.Musk is in bad need of a similar comeback right now as he returns from Washington to focus on his struggling car company. In recent months, Tesla sales have plummeted as the chain-saw-wielding, far-right centibillionaire has turned off traditionally…

‘Why the Hell Did You Vote for This Bill?’ Democrat Baffled by Republican Senator’s Explanatio…Rep. Jim McGovern (D-MA) had some harsh words for Sen. Lisa Murkowski (R-AK) after she voted for a massive spending bill backed by President Donald Trump. The Senate on Tuesday narrowly passed the legislation, which will cut Medicaid funding while expanding the 2017 tax cuts that are set to expire at the end of the year. The Congressional Budget Office estimated that the legislation will add more than $3 trillion to the national debt over the next 10 years and it will boot about 11 million people off of Medicaid. After the senators deadlocked at 50-50, Vice President JD Vance broke the tie. Republican Sens. Susan Collins (R-ME), Rand Paul (R-KY), and Thom Tillis (R-NC) joined all 47 Democrats in voting against the bill. Despite expressing reservations on the bill, Murkowski voted for it after securing…

Dear Joe Rogan, Kash Patel Played YouDear Joe Rogan, I don’t know you. We’ve never met, and I am not a regular listener of your podcast. But I have the impression you are a man who does not like to be played. I regret to inform you that Kash Patel played you. When the FBI director was on your show last month, he made multiple statements that were false or misleading. Given that you’re a proponent of truth-telling, I expect you will be troubled to learn this. Let me start with Patel’s remarks about what he derisively calls “Russiagate.” A good chunk of your two-hour-long conversation was devoted to this topic, a personal obsession of Patel. As he has done for years, Patel presented to you and your audience a highly skewed and false narrative. “All roads lead to Russiagate,” he declared. “That’s where it all started.” He meant that…