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Trump cuts nearly $8B in clean energy projects in targeted states

by Emma Walker – News Editor October 3, 2025
written by Emma Walker – News Editor

WASHINGTON (AP) – The Trump governance is rescinding ‍nearly $8 billion ⁣in funding for clean energy projects, targeting initiatives in 16 states, the Department of⁢ Energy announced ‌Thursday. The move, impacting grants‍ awarded under the ⁣2022 climate law signed by President Biden, represents a significant rollback of federal investment in green technology and⁢ fuels ongoing efforts to dismantle Obama-era climate policies.

The cuts affect projects across‌ the country, with recipients now having 30 days to appeal the DOE’s decision. This action follows the administration’s broader targeting of climate programs and clean energy grants, including‍ the recent rescission of $13 billion previously allocated for similar initiatives. The administration argues these regulations ‌are unjustified⁤ and hinder economic growth, while critics contend the cuts will raise energy costs and stifle innovation.

Awardees were selected from a pool of applicants and were notified of the funding terminations Thursday. The DOE did not promptly specify the criteria used to select the 16 ‍states affected, prompting questions from reporters at the White House, which the President ⁤declined to answer.

“This is yet another blow by the Trump administration against innovative technology, jobs and the clean energy⁣ needed to meet skyrocketing demand,” said jackie Wong, ‌a​ senior vice president at NRDC. ⁢

Conrad⁢ Schneider, senior‍ director at the‍ Clean Air Task Force, stated ​the decision “pulls the rug out”⁣ from communities and workers relying on the projects and “weakens the U.S.’s position in the global marketplace” for energy technologies.

The associated Press receives support from the Walton Family Foundation for coverage of water and environmental policy. The AP is solely‌ responsible for all⁢ content.For all of AP’s environmental coverage, visit https://apnews.com/hub/climate-and-environment.

October 3, 2025 0 comments
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Business

Trump Sons’ SPAC Seeks Government Incentives, Then Removes Reference

by Priya Shah – Business Editor August 5, 2025
written by Priya Shah – Business Editor

Trump Sons to Profit from SPAC Targeting Companies Seeking Government Incentives, Filing Reveals – Then Revises

NEW YORK – A newly filed Securities and Exchange Commission (SEC) document revealed, and then subsequently revised, that Donald Trump Jr. and eric Trump are poised to receive considerable financial gains from a Special Purpose Acquisition Company (SPAC) specifically seeking to acquire a U.S. manufacturer positioned to benefit from federal and state government incentives – a policy area championed by their father, president Donald Trump.The initial filing explicitly mentioned targeting companies able to leverage “grants,tax credits,government contracts or preferential procurement programs,” but that language was removed after inquiries from the Associated Press.

The SPAC, New America Acquisition 1 Corp., is seeking to raise $300 million through an initial public offering (IPO) on the New York Stock Exchange, priced at $10 per share.Donald Trump Jr. and Eric Trump are slated to receive “founder shares” potentially worth $50 million collectively upon the stock’s debut. the company’s stated mission is to acquire an American manufacturing company to “revitalize domestic manufacturing,” aligning with the Trump management’s trade and economic policies.

Understanding SPACs and the Potential Conflict

SPACs, also known as “blank check companies,” are shell corporations created solely to raise capital through an IPO for the purpose of acquiring an existing private company.This allows the target company to become publicly traded without undergoing the conventional, more rigorous IPO process. New America Acquisition 1 Corp. is registered in Delaware, a common state for corporate formation due to its business-friendly laws. The company’s leadership includes several individuals with backgrounds in finance and investment, including Robert Rosner, who serves as chairman and CEO.

The original SEC filing detailed a preference for a target company “well positioned” to capitalize on government support. Following questions from the AP,Paul Hastings,the law firm assisting New America,attributed the inclusion of this language to a “mistake” by “scriveners.” However, ethics experts argue the removal doesn’t negate the initial intent.

“they just deleted the language. They haven’t committed not to do what they saeid earlier today they were planning to do,” stated Kathleen Clark, a professor at Washington University School of Law specializing in government ethics.”Its an attempt to exploit public office for private profit.”

The Trump Organization declined to comment on whether New America still intends to pursue companies that would benefit from government programs or the reason for the filing revision.

A press release issued by New America emphasized “American values and priorities” but made no mention of seeking government incentives. this contrasts sharply with the explicit language in the original SEC filing, which highlighted the desire to identify a company that could ride “public policy tailwinds.”

Broader Implications & Context

This situation raises concerns about potential conflicts of interest, as the Trump administration has actively promoted policies designed to incentivize domestic manufacturing. Critics argue that the Trump sons‘ financial stake in a company explicitly seeking to benefit from these policies creates an appearance of impropriety.

The timing of the SPAC’s launch is particularly sensitive, occurring during a period of heightened scrutiny regarding the Trump family’s business dealings and their relationship with the presidency. The Trump Organization has faced numerous accusations of leveraging the President’s position for financial gain throughout his term.

The success of New America Acquisition 1 Corp. hinges on identifying a suitable acquisition target. The company has not yet announced any specific companies it is considering. However, the initial filing suggests a focus on manufacturers in sectors potentially eligible for government support, such as advanced manufacturing, renewable energy, or infrastructure.

This advancement underscores the complex interplay between private business interests and public office, and will likely fuel further debate about ethics and transparency in government.

August 5, 2025 0 comments
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World

Kim Jong Un’s sister rejects South Korea’s peace efforts, says no interest in talks

by Lucas Fernandez – World Editor July 28, 2025
written by Lucas Fernandez – World Editor

North Korea Rejects Seoul Overtures, Signals Strong Russia Ties

Kim Yo Jong Dismisses South Korean Diplomacy, Cites Alliance with U.S.

North Korea has flatly rejected any dialogue with South Korea’s new liberal administration, asserting no interest in talks regardless of proposals. The influential sister of leader **Kim Jong Un** delivered the stark message, indicating Pyongyang’s current focus on its burgeoning relationship with Russia.

No Interest in Dialogue

Kim Yo Jong stated definitively that North Korea has no inclination to engage with Seoul. “We clarify once again the official stand that no matter what policy is adopted and whatever proposal is made in Seoul, we have no interest in it and there is neither a reason to meet nor an issue to be discussed with” South Korea.

These remarks mark the first official North Korean response to the government of President **Lee Jae Myung**, which assumed office in early June. Seoul has made efforts to mend strained inter-Korean relations, including halting loudspeaker broadcasts along the border and preventing activists from sending propaganda leaflets via balloons.

Russia Cooperation Takes Priority

Experts suggest North Korea’s stance reflects its prioritization of deepening cooperation with Russia, particularly as the conflict in Ukraine continues. This partnership, where North Korea reportedly supplies conventional weapons and troops, is likely reciprocated with economic and military aid, potentially including sensitive technologies that could advance Pyongyang’s nuclear and missile programs.

North Korea has largely boycotted diplomatic engagement with both South Korea and the United States since the 2019 collapse of summit talks between **Kim Jong Un** and former U.S. President **Donald Trump**, which faltered over sanctions relief. Since then, Pyongyang has concentrated on enhancing its nuclear arsenal.

Shifting Constitutional Stance

In a significant policy shift earlier this year, **Kim Jong Un** directed the rewriting of North Korea’s constitution. The changes officially removed the long-standing goal of peaceful Korean unification and instead cemented South Korea as an “invariable principal enemy.” This move surprised many observers, as it effectively abandoned the aspiration of a unified Korea under Pyongyang’s terms and signaled a potential shift in how North Korea might employ its nuclear weapons.

The constitutional amendment is seen by some analysts as a measure to counter South Korean cultural influence and reinforce **Kim Jong Un**’s dynastic rule. Others believe it provides legal justification for using nuclear weapons against South Korea, framing it as a foreign adversary rather than a potential partner for unification, despite a shared sense of national identity.

South Korea’s new administration, in its bid to improve relations, has also repatriated North Koreans who were found adrift in wooden boats. However, **Kim Yo Jong** characterized these moves as insufficient, criticizing Seoul’s continued “blind trust” in its military alliance with the U.S. and its perceived adversarial stance towards the North, specifically referencing upcoming South Korea-U.S. joint military exercises.

July 28, 2025 0 comments
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News

Wisconsin’s Democratic governor, Tony Evers, won’t seek reelection

by David Harrison – Chief Editor July 24, 2025
written by David Harrison – Chief Editor

Evers Declines Third Term, Opening Wisconsin Governor’s Race

Battleground State Sees Power Shift as Key Democrat Steps Aside

Wisconsin Governor Tony Evers announced Thursday he will not seek a third term, triggering an open race for the state’s highest office for the first time in 16 years. The two-term Democrat’s decision sets the stage for a high-stakes contest in a pivotal battleground state.

A Political Landscape in Flux

Evers’ departure creates an opening for both parties, with Democrats aiming to capitalize on newly drawn legislative maps considered more favorable to them. Control of the State Legislature has been held by Republicans since 2011. The upcoming gubernatorial election is seen as crucial for Democrats seeking to gain legislative control and target congressional seats nationwide.

The governor, aged 73, cited a desire to focus on his family after five decades of public service. In a video announcement, Evers expressed deep pride in his career, stating, “For five decades, my family has sacrificed to give me the gift of service. They’re my world and I owe it to them to focus on doing all the things we enjoy and love doing together.”

A Crowded Field Emerges

The announcement immediately sparked speculation about potential successors. On the Democratic side, potential candidates include Attorney General Josh Kaul, Lt. Gov. Sara Rodriguez, former Lt. Gov. Mandela Barnes, state Sen. Kelda Roys, Secretary of State Sarah Godlewski, Milwaukee Mayor Cavalier Johnson, and Milwaukee County Executive David Crowley.

Republicans have already entered the race, with Washington County Executive Josh Schoemann and Milwaukee businessman Bill Berrien announcing their candidacies. U.S. Rep. Tom Tiffany and state Senate President Mary Felzkowski are also reportedly considering runs. Berrien reacted to Evers’ decision by stating the governor is “too scared to run” on a “record of failure,” while Schoemann indicated that Evers’ exit would not alter his campaign strategy, calling it “a wide open race, no doubt.”

Wisconsin Gov. Tony Evers won’t seek a third term. The two-term Democrat’s decision opens up the race in the battleground state for the first time in 16 years. https://t.co/j0tY35N09W

— Associated Press (@AP) March 19, 2024

Tiffany commented that Evers “leaves behind a legacy of decline” and that “it’s time we change course,” though he stopped short of confirming his own candidacy. Kansas Gov. Laura Kelly, chair of the Democratic Governors Association, pledged to maintain Democratic control of the governorship, asserting that any Republican primary winner would be “too extreme for Wisconsin.”

A Look Back at Wisconsin Governor Races

The last open gubernatorial race in Wisconsin was in 2010, when incumbent Democrat Jim Doyle chose not to run for a third term. Republican Scott Walker won that election, serving two terms before being unseated by Evers in 2018. Notably, Walker posted an image of a “Make Wisconsin Great Again” hat, hinting at a potential return, though he later removed a winking emoji that suggested he was joking.

Tommy Thompson remains the only Wisconsin governor elected to a third four-year term, serving from 1987 to 2001 before resigning during his fourth term. Evers won his initial election by a narrow margin of just over 1%, and his re-election in 2022 by just over 3%.

Governor Evers’ Tenure and Clashes

Evers, a former state superintendent of education and teacher, has often found himself at odds with the Republican-controlled Legislature. His tenure has been marked by contentious relations, including a “lame-duck” session by Republicans before he took office aimed at curbing his powers. During the COVID-19 pandemic, his decisions, such as statewide mask mandates and attempts to delay elections, drew criticism.

Republicans notably rejected 21 of his appointees and blocked key proposals like Medicaid expansion and marijuana legalization. Evers, in turn, utilized his veto power to counter Republican priorities, including stricter voting laws and expanded school voucher programs. However, he did collaborate with Republicans on the recent state budget, which included tax cuts and increased funding for special education and the University of Wisconsin system. He also worked with the GOP to secure funding for stadium repairs for the Milwaukee Brewers.

Evers was instrumental in the redrawing of Wisconsin’s legislative maps, a process mandated by the state Supreme Court after liberals gained a majority. The new maps, replacing heavily gerrymandered Republican maps, are credited with helping Democrats gain seats in the last election, fostering optimism for winning legislative control.

The “Folksy” Governor

Evers cultivated an image as a down-to-earth leader, often using Midwestern colloquialisms and mild profanity. This persona stood in contrast to more polarizing political figures. U.S. Rep. Mark Pocan described him as “the most quintessential Wisconsin politician I’ve ever seen.” Evers himself once embraced the label of “boring,” remarking after his 2022 reelection, “As it turns out, boring wins.”

July 24, 2025 0 comments
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News

Governor Signs Budget: Medicaid Funding Secured

by Emma Walker – News Editor July 3, 2025
written by Emma Walker – News Editor

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Wisconsin’s $111 Billion Budget Signed Into Law by Governor Evers

Wisconsin Governor tony Evers signed the state’s new two-year budget, totaling $111 billion, into law early Thursday morning, July 3, 2025, after it cleared both the Senate and Assembly in an expedited process [1].The budget includes income tax cuts for individuals and retirees, elimination of sales taxes on residential electric bills, and adjustments to fees for driver’s licenses and vehicle titles

July 3, 2025 0 comments
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Business

GOP at White House: Trump’s Tax Plan in Jeopardy

by Chief editor of world-today-news.com May 22, 2025
written by Chief editor of world-today-news.com

House Republicans Push Forward on Tax Package Amid Internal Discord

Washington, D.C. – House Speaker Mike Johnson is facing a notable challenge as he attempts to rally Republican support for a multitrillion-dollar tax breaks package. Despite opposition within his own party, Mr. Johnson has insisted that Republicans will proceed with teh bill,even after a lengthy White house meeting with GOP members who remain hesitant to back the legislation.

The Sticking Points

  • Local Tax Deductions: A proposed deal to increase deductions for local taxes to $40,000 for residents of New York and other high-tax states has sparked concern among conservative Republicans. They fear this costly provision will exacerbate the nation’s $36 trillion debt.
  • Spending Cuts: Republicans are aiming to offset lost revenue through spending cuts to federal safety net programs and a rollback of green energy tax breaks from the Biden-era Inflation Reduction Act.
  • Medicaid and SNAP: The package includes new work requirements for individuals receiving healthcare through Medicaid and food stamps through the Supplemental Nutritional Assistance Program (SNAP).

Leadership’s Optimism vs. Reality

Despite the internal strife, Mr. Johnson and his leadership team expressed confidence in their ability to secure GOP support for final passage. We’re excited that we’re going to land this airplane, Mr. Johnson said, back at the Capitol.

Though, the mood at the Capitol appeared less optimistic.The Rules Committee has been engaged in a marathon session, exceeding 18 hours, and another Republican, representative John Rose of Tennessee, has announced his opposition to the bill.

Democratic Opposition

Democrats, lacking the votes to block the package, are employing various tactics to voice their opposition and capitalize on the Republican disarray. House Democratic Leader Hakeem Jeffries of New York, along with his team, testified before the committee, denouncing the bill as one big, ugly bill that’s going to hurt the american people.

Hurt children, hurt families, hurt veterans, hurt seniors, cut health care, cut nutritional assistance, explode the debt.
House Democratic Leader Hakeem Jeffries

Trump’s Involvement

This legislation is a critical test for President Trump and his party, representing a significant investment of political capital in the early months of his return to the White house. Mr. Trump had previously urged lawmakers to finalize the bill. Following a White House meeting, Mr.Johnson suggested that Mr. Trump might use executive actions to achieve some goals that Congress cannot agree upon legislatively.

white House Press Secretary Karoline Leavitt described the meeting as productive, stating that it moved the ball in the right direction.

Economic Impact

A recent analysis by the Congressional Budget Office (CBO) indicates that the tax provisions would increase federal deficits by $3.8 trillion over the next decade. Additionally, changes to Medicaid, food stamps, and other services would result in $1 trillion in reduced spending. The CBO projects that the lowest-income households would experience a decrease in resources, while the highest-income households would see an increase.

Key Provisions of the package

  • Tax breaks: The package aims to extend tax breaks approved during Mr. Trump’s first term in 2017 and introduce new ones from his 2024 campaign.
  • No Taxes on Tips: As promised by Mr.Trump, the package proposes eliminating taxes on tips for certain workers.
  • Increased Standard Deduction: the standard income tax deduction would increase to $32,000 for joint filers.
  • Child Tax Credit: The child tax credit would increase to $2,500.
  • Enhanced Deduction for Older Adults: An enhanced deduction of $4,000 would be available for older adults with certain income levels to help offset taxes on Social Security income.

Spending Cuts and Work Requirements

To reduce spending, the package introduces new work requirements for many Medicaid recipients. Able-bodied adults without dependents would need to work or participate in community activities for 80 hours per month.Similar requirements would apply to SNAP recipients. The CBO estimates that these changes could result in 8.6 million fewer people having health insurance and 3 million fewer people receiving SNAP benefits each month.

Did You Know?

The “One Big Beautiful Bill Act” is named using President Trump’s own words. This reflects his direct involvement and vision for the tax and spending package.

Divisions Within the GOP

Representative Andy Harris of Maryland, chairman of the House Freedom Caucus, stated earlier that he did not believe the package could pass in a House vote, but there is a pathway forward that we can see. Conservatives are pushing for faster and deeper cuts to federal programs to offset the trillions of dollars in lost tax revenue.Simultaneously occurring, moderate lawmakers are concerned about the potential loss of healthcare for their constituents due to changes in Medicaid.

SALT Deduction Compromise

Lawmakers from high-tax states like New York and California sought a larger state and local tax (SALT) deduction for their constituents.Under the emerging SALT deal, the $10,000 deduction cap would quadruple to $40,000 with an income limit of $500,000, phasing down for incomes above that level.

Debt Concerns

The Committee for a Responsible Federal Budget estimates that the House bill is projected to add roughly $3.3 trillion to the national debt over the next decade.

Frequently Asked Questions

What is the main goal of the tax package?
To extend tax breaks from Trump’s first term and introduce new ones, while cutting spending.
How will the package affect the national debt?
It is indeed estimated to add roughly $3.3 trillion to the debt over the next decade.
What are the proposed changes to Medicaid and SNAP?
New work requirements for recipients, perhaps reducing the number of people covered.

Pro Tip

Stay informed about the ongoing debates and amendments to the bill.Contact your representatives to voice your concerns or support for specific provisions.

May 22, 2025 0 comments
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