INTENDED FOR INTERNAL DISTRIBUTION ONLY |
|
|
| DATE: TUESDAY, 05.13.25 LAST UPDATE: 09:03 AM ET PREPARED BY: CB, RR, JB, SK, BM |
|
|
We have the following scheduled for today's program:
TOP OF HOUR 3 GUEST: Justin Haskins TOPIC: How the EU AI Act will affect the U.S., PLUS how concerned are Americans about AI? |
| Here are some highlights from this day on previous shows:
May 13, 2004 - The links between Saudi Arabia and 9/11... Abu Ghraib photos lead open news broadcasts, beheading of Nick Berg does not... 'The Day After Tomorrow'... Glenn doesn't like organized boycotts, you should make your own decisions... |
|
|
HEADLINES - RAW & UNVERIFIED |
|
|
No millionaire tax hike in Trump's 'big, beautiful bill' The Ways and Means Committee, the House's tax-writing panel, released nearly 400 pages of legislation on Monday, setting the stage for permanently extending Trump's 2017 Tax Cuts and Jobs Act, as well as a host of other new Trump tax priorities. Trump’s ‘One Big, Beautiful Bill’ Gets ‘No Tax’ On Tips And Overtime Trump had also been pushing for an end to taxes on Social Security for seniors, however, that wasn't included. Instead, the measure has a section that would allow middle-and low-income seniors to deduct an extra $4,000 for each taxable year. Republicans risk sinking Trump’s agenda with tax hikes and betrayals Trump’s signature reconciliation bill is being undermined by Republicans pushing tax hikes on the rich, a SALT cap giveaway to blue states, and continued funding for Planned Parenthood — threatening both his legacy and the party’s 2026 prospects. GOP tax bill slams Harvard with 21% endowment tax During a members-only GOP conference on Capitol Hill, House Ways and Means Chairman Jason Smith told members that Harvard's current 1.4% endowment tax under the 2017 Tax Cuts and Jobs Act will be bumped up to 21%.
|
Treasury announces US collected record $16.3 billion in customs duties in April The U.S. total surplus for April was $258 billion, an increase of 23% from the same period a year ago. But the U.S. is still seeing a $1.05 trillion deficit for the current fiscal year, through April, which is also 23% higher than a year ago, according to the Wall Street Journal. Dow adds 1,100 points, S&P 500 up 3% after the US and China slash tariffs The Trump administration cut U.S. Tariffs on Chinese goods from 145% to just 30%, while China reduced its retaliatory taxes from 125% to 10%, aiming to allow further negotiations. Budweiser-maker Anheuser-Busch to invest $300 million in US facilities It’s a move the beer-maker said will bolster manufacturing jobs across the United States, while also supporting veterans who are pursuing manufacturing careers. McDonald’s to hire 375K US workers this summer — most in years despite weak first quarter The company, which has more than 13,500 restaurants in the U.S., plans to open 9,000 more by 2027. |
Federal judge allows IRS to share information about alleged illegal migrants with DHS U.S. District Judge Dabney Friedrich sided with the Trump administration in a lawsuit brought by the immigrant-rights group Centro de Trabajadores Unidos, by declining to issue an injunction to block the two government agencies from partnering on illegal immigration. Florida's next phase to carry out mass deportations as feds say state's efforts are the blueprint The state swore in over 100 state troopers as deputy U.S. Marshals to help Trump’s mass deportation push, giving them authority to arrest and detain illegal aliens without needing federal agents. Trump Admin Ends Deportation Protections For Tens Of Thousands More Refugees The Biden administration brought in around 76,000 Afghans following the U.S. military's disastrous withdrawal from the country in 2021. DHS sets sights on California for allegedly providing federal benefits to illegal aliens The Department of Homeland Security released a statement on Monday explaining that Homeland Security Investigation is looking into whether the state of California knowingly provided federal benefits to illegal aliens. ICE arrests 422 illegal migrants in Texas sweep, including some wanted for murder and sexual assault A breakdown of the 422 arrests found that 262 have criminal convictions, 34 have pending convictions, 126 have other immigration violations, and 229 have final orders of removal. Maryland Man II: Man without a country — ICE arrests Spokane resident brought to America as toddler Forty-one paragraphs into the story ... on Nov. 1, 2007, Diaz was initially charged with third-degree rape. Diaz later pleaded guilty to third-degree assault, which prompted an "order of removal" regarding his legal status. In 2017, he had another scrape with the law that landed him a second felony conviction.
|
|
|
|
|
|
|