Top News Stories

$3.7 Trillion Tax Cut Plan: In a move poised to reshape American fiscal policy, former President Donald J. Trump’s allies in Congress have introduced a sweeping tax plan that would extend and deepen tax cuts initially passed in the 2017 Tax Cuts and Jobs Act (TCJA). According to the Congressional Budget Office (CBO), the proposed legislation would reduce federal tax revenues by an estimated $3.7 trillion over the next decade, increasing the federal deficit by $2.4 trillion. This revelation has reignited a complex policy debate encompassing economic philosophy, public finance, intergenerational equity, and legal authority.

Preferential Media Privileges: The Biden administration's decision to revoke longstanding preferential access for media giants such as the Associated Press, Reuters, and Bloomberg has ignited widespread debate about the future of journalism, transparency, and the separation of press and power in democratic governance. As reported by The Epoch Times, this policy shift marks the first formal effort in recent decades to decenter the dominance of traditional wire services in favor of broader press inclusion.

The United States has taken a significant regulatory step by suspending licenses for the export of nuclear power equipment to China. The decision, announced by the Department of Commerce, impacts leading American suppliers such as Westinghouse Electric Co. and Emerson Electric, which provide high-value components to Chinese nuclear facilities. This development reflects a deepening concern over the protection of national security interests and control of sensitive technologies in light of China's advancing nuclear capabilities and dual-use technology ambitions.

Federal Oversight: The recent clash between Harvard University and the federal government has brought national attention to the intersection of academic freedom, civil rights enforcement, and executive authority. The Trump administration, citing concerns about antisemitism and institutional bias, has launched a series of punitive measures against Harvard, including freezing over $2 billion in federal research funding and restricting the university's ability to enroll international students. These moves, unprecedented in scope and speed, signal a dramatic escalation in federal involvement in the governance of higher education.