“The sprawling measure — which at its core was really one big, beautiful tax extender — was never about those tax rates or Medicaid or the deficit. The underlying legislation was no bill at all, but a referendum on Trump. And that left congressional Republicans a binary choice that also had nothing to do with the policy therein: They could salute the president and vote yes and or vote no and risk their careers in a primary.”
“Trump said the tariffs on Japan and South Korea would be separate from any “sectoral” tariffs that he imposes. That appears to refer to the duties that he has already imposed on autos, auto parts, steel and aluminum under Section 232 of the 1962 Trade Expansion Act, which gives the president broad authority to restrict imports to protect national security.”
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“Trump said he was imposing the duties to help reduce the “very persistent” trade deficits with the two countries — meaning they export more goods to the U.S. than they buy from the U.S. — which the president blamed on Japan and South Korea’s tariffs and other trade barriers.
However, most economists disagree with that analysis, saying that macroeconomic factors like relative savings rates play more of a role in driving the overall U.S. trade deficit.”
“For decades, Republicans have extolled the virtues of removing loopholes and carveouts from the tax code, arguing it would make the system fairer and more efficient, while allowing for lower overall tax rates.”
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“Trump’s One Big Beautiful Bill is not an exercise in tax simplification.
Instead, it began with a push to extend the party’s 2017 tax cuts — which despite some streamlining also introduced some complexity — and piled more on top, in line with a slew of presidential campaign promises. Add in a heavy dose of congressional politics, and the result was a sprawling and quirky piece of legislation that is distinctively Trumpy: lower taxes and a bigger pile of tax breaks.”
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“several economists I spoke with worried it is the worst of all combinations: increasing the debt to pay for tax breaks that lead to neither growth nor other economically useful outcomes.”
“Tariffs will revert back to their April 2 rates on Aug. 1 for countries that fail to nail down new trade deals with the United States, Treasury Secretary Scott Bessent said Sunday, just three days before the Trump administration’s initial July 9 deadline for tariffs to return.
Bessent told CNN’s “State of the Union” that the Trump administration would be sending out letters to 100 smaller countries “saying that if you don’t move things along, then on August 1st, you will boomerang back to your April 2nd tariff level.””
“The catastrophic floods that struck central Texas on Friday show that accurate weather forecasts alone aren’t enough to save lives.
The National Weather Service issued timely warnings in advance of the deadly floods, meteorologists say. But they emphasized that forecasts are only one piece of an effective response — local authorities must be able to interpret weather warnings, communicate them to the public and help communities get to safety in time.”
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“In the case of last week’s floods, NWS began to escalate its warnings as much as 12 hours in advance, issuing flood watches beginning Thursday afternoon and upgrading to a flash flood warning by 1a.m. local time Friday, with more urgent warnings following into the early morning.”
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“The NWS office in San Angelo, which serves some of the hardest-hit communities, has no permanent meteorologist in charge, according to a list of vacancies published by the agency in June. And the Austin/San Antonio office, also serving flooded communities, is missing its warning coordination meteorologist and a science and operations officer, according to the same list.
These roles often serve as liaisons between NWS meteorologists and local authorities or emergency managers. Warning coordination meteorologists, in particular, help translate forecasts into usable action plans that can aid the local authorities who make decisions and evacuate communities as severe weather systems approach.
It’s unclear whether those vacancies have affected coordination with local authorities. Top meteorologists at NWS San Angelo and NWS Austin/San Antonio did not immediately respond to questions about whether the openings posed any challenges during the floods.
But Tom Fahy, legislative director at the union that represents NWS employees, said in an interview that vacancies at the Texas offices did not cause any problems during the floods.”
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” “The crux of this disaster is a failure of the last mile of communication,” Fahy said. “The forecasts went out, they communicated the forecasts, they disseminated the watches and warnings. And the dilemma we have is there was nobody listening at 4 o’clock in the morning for these watches and warnings.”
Most people who died in Friday’s floods were located in Kerr County, which does not have a warning system, according to Kelly, the Kerry County judge, at a Friday news conference.”
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“In an interview with The New York Times, Kelly suggested that warning systems are expensive and “taxpayers won’t pay for it.””
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” A policy on the camp’s website suggests that campers are not permitted to have cellphones, smart watches, iPads or other devices with touchscreens. It’s unclear whether counselors had access to devices equipped with emergency alerts or whether the camp had access to a NOAA weather radio.”
Joe Rogan takes on a variety of complex topics, including taxes, but doesn’t understand how marginal taxes work, despite commenting on taxes over the years.
“Trump managed to garner 48% of the Latino vote compared to Harris’ 51% share and significantly jumped past the 36% clip that he got during in the 2020 presidential election.”
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“47% of naturalized citizens of all ethnic backgrounds voted for Trump in 2024, compared with 38% in 2020. In that same voting bloc 51% voted for Harris in 2024, a notable drop from the 59% who voted for Joe Biden in 2020.”
Republicans/Trump frontloaded the start of popular items in the big bill, and delayed unpopular items until after midterms, making it harder for voters to know what the people they are voting for actually did.
“Russia’s changing attack tactics are forcing Ukraine to adapt by making shorter defense lines and building low-rise strongpoints less visible to drones swarming the skies.
But the revamp is undermined by a chaotic approach to fortifying front lines, with very different approaches being used depending on local commanders. Tougher defense positions are also made much less effective by Ukraine’s chronic shortage of combat troops.
The change in fortification strategy is being driven by Russia dropping large formation attacks supported by armored vehicles in favor of much smaller units backed by drones, Ukrainian Defense Minister Rustem Umerov said last week.
Ukraine is responding by building fortifications for ever smaller units — from battalions of about 500 troops to companies of about 100, and now for platoons of 20 to 50 soldiers.
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Previously, strong points used extensive trench networks from 2 to 5 kilometers in length. The new system uses smaller strongpoints with trench networks 60 to 70 meters long and equipped with mandatory anti-drone cover. “These are harder to detect and are effective in carrying out tasks of defense, deterrence, and delivering firepower, including against FPV drones,” Umerov said.
Behind that frontline defense, Ukraine is continuing to build two additional lines that include concrete tetrahedrons, also called dragon’s teeth, to hold off armored vehicles, minefields, foxholes, wooden and concrete trenches, anti-drone covers and nets.
“Fortification is not just about concrete and trenches — it is an adaptive engineering system that takes the enemy’s tactics into account and always serves one purpose: protecting our warriors. We monitor the process daily and reinforce the areas where it’s needed most,” Umerov said.
Earlier, fortifications were often built in open terrain to block Russian attacks using large numbers of armored vehicles. Now, they are built around forest belts, which have better camouflage.”