Reeves Reaps £22 Billion Windfall as Britain’s Tax Take Surges
Source: Bloomberg Politics · Bias: Center
Summary
Chancellor of the Exchequer Rachel Reeves has been given a £22 billion ($30 billion) windfall ahead of her spring update this week, an unexpected boost as she seeks to show her efforts to stabilize the public finances are working.
Reeves Reaps £22 Billion Windfall as Britain’s Tax Take Surges
Center
Chancellor of the Exchequer Rachel Reeves has been given a £22 billion ($30 billion) windfall ahead of her spring update this week, an unexpected boost as she seeks to show her efforts to stabilize the public finances are working.
Conservative commentator Steve Bannon weighed in on the stunning primary wins by far-left Democrat candidates, declaring that the country is entering a new era in politics. The […]
White House press secretary Karoline Leavitt blasted progressive Democrats during an appearance on Fox News’ “Jesse Watters Primetime,” warning that they are pushing a “full-blown communist revolution.” […]
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.”
MS NOW reports voters appear to be mindful of President Donald Trump raking in millions of dollars this summer while their own air-conditioning bills are creeping out of reach of their monthly home budget.Across much of the country, the 4th of July weekend is bringing more than just fireworks. It's also bringing dangerous and potentially record-breaking heat from the Midwest all the way to the northeast with heat indexes potentially climbing well above 100 degrees.More than 160 million people in 30 states are currently under extreme heat warnings this holiday weekend, with little sign of relief from either Mother Nature or the Trump economy. In places like New York, for example, humidity can make a 100-degree day feels like 110, 115 degrees. And it is, of course, considerably more humid in many Southern red states.MS NOW reporter Moses Small marched out into the street and talked to voters fleeing high home utility bills at city cooling centers.“Yeah, it's stressful,” said New York resident Daniela Crespo. “I've been anticipating looking at the forecast, thinking about, how many days am I going to run the AC? What temperature am I going to set it at? What is this going to cost me? It definitely has been on my mind.”Crespa added, however, that even as her own monthly electric bill blows up in her face and she struggles to control it by adjusting her AC to the tip of tolerance she is markedly aware of the extreme wealth pooling out of the White House and the Trump family’s bank accounts.“I mean, I think it really distills the kind of moment we're in with the level of corruption that we're seeing at the very highest levels of government,” Crespa told Snow, speaking on Trump making $2 billion in White House related monetization schemes and crypto machinations since returning to the White House.“When it gets to this hot, families tell me they really do think about the utility bills and their bank accounts,” said Snow, “especially with the Bureau of Labor Statistics reporting inflation up 4.2 percent in the past year — but within that, a 23.5 percent jump on energy costs.”Snow added that a CNBC analysis claims Americans, on average, have spent an extra almost $450 in gas and electric prices alone since Trump unilaterally kicked off his war in Iraq. Meanwhile, the money the Trump family is making while occupying the White House appears to smell with enough corruption to make Democrats competitive even in some of the reddest farm states this November. - YouTube youtu.be
Mamdani mentions he’s an immigrant himself, but completely ignores the fact that this country, which he says is so unwelcoming, made him the youngest mayor in the history of its largest city.
Former Rep. Marjorie Taylor Greene (R-GA) torched what was left of her relationship with President Donald Trump on Thursday after new financial disclosures showed he personally pocketed $2.2 billion during his first year back in office, The New York Times reported Friday. "The Republican Party hijacked MAGA," Greene wrote on X, the Times reported.Some MAGA voices went further, framing the windfall as proof of Trump's business savvy rather than a conflict of interest. Iowa activist Kelley Koch, who chairs a group called MAGA Nation, brushed off outrage entirely: "Let's just be honest, people are checked out right now," she said, speaking with the Times.Democrats weren't nearly as forgiving. California Gov. Gavin Newsom called Trump "the most corrupt president in American history," while Rep. Haley Stevens (D-MI) accused him of standing "with the billionaire class" while ordinary Americans struggle, the Times reported.
Everyone knows the song.It’s a warm summer night, the top of the seventh inning has just concluded, and the organ begins to ring throughout the stadium. It’s time to whip out the singing voice for one of America’s most iconic tunes — "Take Me Out to the Ball Game." At a time when baseball fandom was overwhelmingly male-dominated, the character of Katie stands out as an unusual creation for the era.Yet few baseball fans, let alone Americans at large, know the true history behind the 118-year-old symbol of our country’s pastime.To get to the beginning, we must travel back to the time of President Theodore Roosevelt. The year is 1908: The Ford Model T makes its debut in the automobile market; New York City drops the very first New Year’s Eve ball in Times Square; and the Grand Canyon is declared a national monument.The story goes that Jack Norworth was riding a New York subway train when he was inspired by a sign he saw that read, “Baseball Today — Polo Grounds.” Norworth quickly developed the lyrics to the song, with Albert Von Tilzer composing the music.The irony? According to reports, neither of these men had ever been to a baseball game. Norworth did not attend a game until 32 years later in 1940.Norworth and his then-wife Nora Bayes would go on to debut the tune during a vaudeville act at the Amphion Theater in Brooklyn. The song was quickly recorded by multiple different groups, with both the Edward Meeker and the Haydn Quartet versions finding mass success. Although only the chorus is sung at baseball games today, the original song contains multiple verses that tell the story of Katie Casey (later changed to Nelly Kelly by Norworth) — a “baseball mad” fanatic who would rather have her boyfriend take her to the ballgame than to the theater. At a time when women did not even have the right to vote, let alone the fact that baseball fandom was overwhelmingly male-dominated, the character of Katie stands out as an unusual creation for the era.The earliest documented instance of "Take Me Out to the Ball Game" being played at a baseball game was during a Los Angeles high school game in 1934. The song made its Major League debut later that year during Game 4 of the 1934 World Series.Stadium bands began regularly performing the tune during games in the mid-20th century. However, the way baseball fans engage with the song today — singing it during the seventh-inning stretch — was popularized by Chicago White Sox announcer Harry Caray in the 1970s. Caray later brought the tradition to the Chicago Cubs when he became their announcer in 1982. In 2001, "Take Me Out to the Ball Game" was ranked #8 on the "Songs of the Century" list, and later in 2010, Edward Meeker's recording was inducted into the Library of Congress' National Recording Registry.So next time you find yourself indulging in America's pastime, remember to buy some "peanuts and Cracker Jack" so that you can "root, root, root for the home team" — but never forget: "For it's one, two, three strikes, you're out, at the old ball game."Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!
