Pentagon plays down Strait of Hormuz quagmire: ‘Don’t need to worry about it’
Source: The Hill News · Bias: Center
Summary
Defense Secretary Pete Hegseth sought to play down the quagmire in the Strait of Hormuz that is pushing up global energy prices, telling reporters on Friday, “we have been dealing with it; don’t need to worry about it.” Joint Chiefs Chair Gen. Dan Caine said the military was prioritizing efforts to counter Iran’s capabilities to…
Pentagon plays down Strait of Hormuz quagmire: ‘Don’t need to worry about it’
Center
Defense Secretary Pete Hegseth sought to play down the quagmire in the Strait of Hormuz that is pushing up global energy prices, telling reporters on Friday, “we have been dealing with it; don’t need to worry about it.” Joint Chiefs Chair Gen. Dan Caine said the military was prioritizing efforts to counter Iran’s capabilities to…
President Donald Trump welcomes Second Lady Usha Vance into the Oval Office for a reading of Presidents Play, a storybook of Presidents’ activities while serving in the office. . Posted in Big Government, Celebrations, Education, Freedom 250, President Trump
The post President Trump Reads “Presidents Play” appeared first on The Last Refuge.
Despite efforts by U.S. negotiators, Iran says it wants to charge a toll for ships to pass through the Strait of Hormuz. It's yet another unresolved issue of the U.S.-Iran war.
Major American corporations that benefited from tax cuts enacted last year by President Donald Trump and congressional Republicans are donating to the campaigns of GOP lawmakers who made the windfall possible.A report published Friday by Unrig Our Economy spotlights seven House Republicans who voted for the sprawling and unpopular GOP budget package, which extended tax breaks for corporations and wealthy Americans while inflicting unprecedented cuts on Medicaid and federal nutrition assistance—with disastrous consequences for millions of low-income families across the country.Rep. Mariannette Miller-Meeks (R-Iowa), one of the lawmakers featured in the new report, has received campaign donations from corporate PACs representing 3M, Amazon, Walmart, AT&T, and other companies that collectively received billions of dollars in tax breaks from the Republican law, which restored a provision allowing businesses to immediately write off new investments.Amazon saw its US income taxes fall by more than half last year due to the GOP law, even as the company’s profits grew. Unrig Our Economy noted that Amazon, whose PAC donated thousands to the Republicans spotlighted in the new report, has an effective federal tax rate of 1.37% following enactment of the budget law.Miller-Meeks, who has received at least $57,000 in donations from the PACs of companies that benefited from the 2025 law, issued a statement Thursday bragging about supporting “the largest tax cuts in American history,” not mentioning that the benefits will disproportionately flow to profitable corporations and the richest people in the country.“Thanks to the Republican tax law, corporations are receiving tax breaks, House Republicans are getting campaign cash, and working families are getting stuck with the bill,” the report states.Another Republican lawmaker featured in the report, Rob Bresnahan of Pennsylvania, received $2,500 in campaign donations from the PAC of FirstEnergy, which reaped $500 million in depreciation deductions thanks to the GOP tax law.“Bresnahan voted to give FirstEnergy hundreds of millions in tax breaks even after the company raised utility prices for his constituents,” Unrig Our Economy’s report observes.The report also points out that Bresnahan “owned stock in every single one” of the companies who contributed PAC money to his campaign following passage of the Republican budget package last summer.“This comes after Bresnahan has already faced scrutiny for dumping stock in Medicaid providers and selling off bonds in Pennsylvania hospitals before voting to slash Medicaid and put rural hospitals at risk,” the report notes.Leor Tal, Unrig Our Economy’s campaign director, said in a statement that “one year ago, House Republicans ripped away healthcare and food assistance from millions of Americans, so that corporations could get massive tax breaks.”“Now, many of those companies are dishing out PAC money to the Republicans listed in this report,” said Tal. “Republicans in Congress sold out many of their own constituents to help corporations get even richer. It’s time that House Republicans step up, do the right thing, and start fighting for working Americans—not giant corporations.”
In light of the Lakers’ 35-minute free-agency splurge Wednesday morning, which netted them Quentin Grimes, Sandro Mamukelashvili and Collin Sexton, and the dissection of each of those agreements, what can’t be overlooked is how the Lakers kicked it all off by filling their biggest need. The Lakers agreed to a blockbuster trade with the Jazz...
Despite a deadly heatwave sweeping through Europe, the US president’s ineptness has created reason for optimism on the climate crisisSign up for climate and environment editor Adam Morton’s free Clear Air newsletter hereTwo real-life climate-themed movies are playing in parallel across the globe. They are about the world today, but they are also a snapshot of the future. The first is a slow-building horror story; the second, a feelgood summer hit. Both are worth watching.Horror films are suddenly box-office gold, so let’s start there. The World Health Organisation says the extreme, record-breaking heatwave blanketing Europe has killed more than 1,300 people. But everyone knows that number will end up a dramatic understatement. Continue reading...
Iran and Oman have presented to the U.S. a proposal for the administration of the Strait of Hormuz that includes the joint collection of administrative fees by the two Middle East nations, four sources told NBC News.
