Category: United States of America

  • MIL-OSI USA: Rep. Estes, House Passes One Big, Beautiful Bill

    Source: United States House of Representatives – Congressman Ron Estes (R-Kansas)

    This morning, Rep. Ron Estes and the House of Representatives passed H.R. 1 – the One Big Beautiful Bill Act. As a senior member of the House Ways and Means Committee, Rep. Estes was instrumental in crafting the tax provisions in the legislation that lower taxes for working families and support small businesses. Before the vote, Rep. Estes spoke in support of the bill during debate.

    “[The bill] ends benefits for illegal immigrants. Instead of giving Medicaid to able-bodied adults, it prioritizes the benefit for children, seniors and low-income Americans. It provides a tax credit for seniors, exceeding President Trump’s plan to end taxes on Social Security. It provides funding for more border security to keep our country safe,” said Rep. Estes. “And perhaps more importantly, it extends the pro-family, pro-growth policies from the Tax Cuts and Jobs Act that even the New York Times and Washington Post admitted gave tax cuts to middle class Americans.”

    Watch video of Rep. Estes’ remarks here.

    Full Remarks

    Mr. Speaker, I rise today to urge my colleagues to support our One Big, Beautiful Bill.

    First, let me outline what this bill doesn’t do. It doesn’t take away Medicare, Medicaid or Social Security from Americans who need it. And it doesn’t give lavish tax breaks to millionaires and billionaires.

    Here’s what it does do. It ends benefits for illegal immigrants. Instead of giving Medicaid to able-bodied adults, it prioritizes the benefit for children, seniors and low-income Americans. It provides a tax credit for seniors, exceeding President Trump’s plan to end taxes on Social Security. It provides funding for more border security to keep our country safe.

    And perhaps more importantly, it extends the pro-family, pro-growth policies from the Tax Cuts and Jobs Act that even the New York Times and Washington Post admitted gave tax cuts to middle class Americans.

    And how do we know this will work? Because we saw TCJA boost wages, job growth and tax revenue, despite the CBO’s biased and inaccurate scoring in 2017.

    Mr. Speaker, I urge our colleagues to vote in favor of One Big, Beautiful Bill. 

    MIL OSI USA News

  • MIL-OSI USA: SBA Offers Disaster Relief to Maryland Small Businesses and Private Nonprofits Affected by March Drought

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Maryland who sustained economic losses caused by drought beginning Mar. 4.

    The disaster declaration covers the counties of Anne Arundel, Baltimore County, Carroll, Frederick, Howard and Montgomery, and Prince George in Maryland and District of Columbia, Adam and York in Pennsylvania as well as Arlington, Fairfax and Loudoun in Virginia.  

    Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries, and PNPs with financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises. Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions.

    EIDLs are available for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”  

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.62% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return economic injury applications is Jan. 6, 2026.

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    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI: NorthStrive Biosciences Announces Completion of Phase I Strategic Review for EL-22 Targeting Muscle Loss Associated with GLP-1 Weight Loss Drugs and Age-Related Sarcopenia

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., May 22, 2025 (GLOBE NEWSWIRE) — Northstrive Biosciences Inc. (“Northstrive”), a subsidiary of PMGC Holdings Inc. (NASDAQ: ELAB) (the “Company,” “PMGC,” “we,” or “our”), today announced the completion of a Phase I strategic research and literature synthesis for EL-22 (formerly BLS-M22), its first-in-class oral myostatin-engineered probiotic. The analysis, conducted in collaboration with Yuva Biosciences and supported by AI-based scientific review technology from Yuva Biosciences’ MitoNova™, provided valuable insights into EL-22’s proposed mechanism of action and will help guide further exploration into its potential to address critical unmet needs in muscle-wasting conditions, including GLP-1-associated atrophy and age-related sarcopenia.

    EL-22 is leveraging a myostatin-engineered probiotic approach to address obesity’s pressing issue of preserving muscle while on weight loss treatments, including GLP-1 receptor agonists. The oral biologic is designed to induce a targeted immune response against myostatin, a key negative regulator of muscle growth. Unlike traditional injectable antibodies, EL-22 leverages genetically engineered Lactobacillus casei to stimulate the gut immune system, offering a convenient, patient-friendly oral delivery method with potential safety and efficacy advantages.

    Key Highlights from the Report:

    • Strong Preclinical Rationale: Synthesized findings from published peer-reviewed literature, highlight noteworthy effects of EL-22 in mdx mice on antibody production, serum CK, body weight, motor function, and muscle histology.
    • Unique Oral Vaccine Approach: EL-22 is distinct from the more common systemic administration of antibodies or gene therapy vectors. Utilizing Lactobacillus casei as a delivery vehicle to stimulate mucosal and systemic immunity against myostatin is a novel immunological strategy for a muscle-wasting disorder.
    • Targeting GLP-1-Associated Muscle Loss: With the rapid expansion of GLP-1 receptor agonists in obesity and diabetes, EL-22 is well-positioned to address the growing concern of associated muscle loss. The company is prioritizing this indication for its next clinical development milestone.
    • Strategic Next Steps: NorthStrive intends to launch a Phase 2 proof-of-concept trial targeting GLP-1 users and begin regulatory engagement to advance EL-22 toward an IND filing in the United States.

    About Northstrive Biosciences Inc.

    Northstrive Biosciences Inc., a PMGC Holdings Inc. company, is a biopharmaceutical company focusing on the development and acquisition of cutting-edge aesthetic medicines. Northstrive’s lead asset, EL-22, leverages an engineered probiotic approach to address obesity’s pressing issue of preserving muscle while on weight loss treatments, including GLP-1 receptor agonists. For more information, please visit www.northstrivebio.com.

    About Yuva Biosciences, Inc.

    Yuva Biosciences is a longevity company harnessing the cutting edge of mitochondrial science to address the root cause of aging. By partnering with consumer brands and biotech innovators, Yuva Biosciences develops solutions for aging-related concerns including hair loss, skin wrinkles, and several other conditions driven by a decline in mitochondrial function. The company is headquartered in Birmingham, Alabama. For more information, please visit www.yuvabio.com.

    About PMGC Holdings Inc.

    PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. Currently, our portfolio consists of three wholly owned subsidiaries: Northstrive Biosciences Inc., PMGC Research Inc., and PMGC Capital LLC. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit https://www.pmgcholdings.com.

    Forward-Looking Statements

    Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “believes,” “expects,” “plans,” “potential,” “would” and “future” or similar expressions such as “look forward” are intended to identify forward-looking statements. Forward-looking statements are made as of the date of this press release and are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Therefore, you should not rely on any of these forward-looking statements. These and other risks are described more fully in PMGC’s filings with the United States Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

    IR Contact:

    IR@pmgcholdings.com

    The MIL Network

  • MIL-OSI USA: Van Orden Votes to Pass the One, Big, Beautiful Bill

    Source: United States House of Representatives – Congressman Derrick Van Orden (Wisconsin 3rd)

    WASHINGTON, D.C. – Today, Congressman Derrick Van Orden (WI-03) released the following statement after voting to pass the One, Big, Beautiful Bill:

    “This bill takes great strides in fulfilling the mandate that was given to President Trump by 77 million Americans. Without this bill, Wisconsinites would have seen a 25% tax hike. As the Democrats spent time fearmongering with lies that this bill will cut benefits, Republicans got the job done by delivering tax savings and benefit protections for the American people.”

    The One, Big, Beautiful Bill provides for the American people on a variety of fronts, including:

    • Restoring integrity in the SNAP program by holding states accountable for their error rates and ensuring benefits are directed to those who need it most
    • Preventing the largest tax increase in American history, eliminating taxes on tips and overtime, and providing tax relief for seniors, job creators, small businesses, and farmers
    • Increasing the dairy tier I cap, investing in agriculture research, bolstering trade promotion, and strengthening the farm safety net
    • Strengthens, secures, and sustains Medicaid for the most vulnerable

    MIL OSI USA News

  • MIL-OSI USA: LaLota Brokers SALT Deal

    Source: US Representative Nick LaLota (NY-01)

    Delivers Full Relief to 92% of Constituents
    Quadruples Deduction Cap for Long Island Families

    Washington, D.C. Rep. Nick LaLota (NY-01) announced a significant win for Long Island taxpayers following successful negotiations to quadruple the cap on the State and Local Tax (SALT) deduction. The change, included in the House-passed version of the One Big Beautiful Bill, now heads to the Senate and awaits the President’s signature. If enacted, the measure would provide long-overdue relief—saving many Suffolk County families as much as $8,000 on their 2026 federal tax returns.

    The deal raises the SALT deduction cap to $40,000 for households earning under $500,000, with both thresholds indexed to grow by about 1% annually—reaching roughly $44,000 and $552,000 by year ten. A household earning $333,000 and paying $20,000 in property taxes would now be fully covered under the new cap. The provision is valued at $344 billion over ten years.

    LaLota secured the breakthrough after resisting heavy internal party pressure and rejecting a weaker proposal that would have capped deductions at $30,000 for households earning under $400,000with no indexing and a reset to $10,000 after a decade. That rejected proposal, worth $225 billion, might have covered a household earning $250,000 with $15,000 in property taxes—but it would have fallen far short for many Long Islanders.

    “This was a years-long battle, and I’m proud my colleagues finally came around to a plan that fixes the unfair $10,000 cap from 2017,” said LaLota. “Raising it to $40,000 means 92% of the families I represent will finally be made whole. For too long, Suffolk County’s middle class has been punished by double taxation. That ends now.”

    According to the Tax Foundation, median property taxes in Nassau and Suffolk Counties far exceed $10,000, meaning most homeowners have long been penalized under the current $10,000 cap. Only 16.3% of NY-01 taxpayers currently claim a SALT deduction—evidence of just how narrow and inequitable the benefit has been.

    “Securing this deal took months of pressure, standing firm, and refusing to settle,” LaLota added. “I meant what I said: No SALT, no deal—for real. That wasn’t a slogan—it was a promise to Suffolk County families. And today, we delivered.”

    LaLota also highlighted his consistent opposition to tax packages that failed to fix the SALT deduction.

    “In 2021 and 2022, Democrats controlled Washington and broke their promise to fix SALT. In 2024, when the Smith/Wyden tax plan ignored it again, I voted no. And when a $30,000 cap was floated, I pushed back. That wasn’t a compromise—it was an insult.”

    LaLota credited Speaker Mike Johnson and Chairwoman Elise Stefanik for working with him to deliver meaningful reform.

    “This is a major win for Long Island—but we’re not done yet. I’ll keep fighting until this provision is signed into law and middle-class families get the relief they deserve. I didn’t come to Washington to play politics—I came to fight for Suffolk County. And I’m just getting started.”

    Background:

    Timeline of LaLota Actions

    January 25, 2023 – First SALT Caucus Meeting

    February 8, 2023 – First SALT press conference

    April 10, 2023 – LaLota cosponsors SALT Deductibility Act

    April 14, 2023 – SALT press conference in Franklin Square, NY

    May 10, 2023 – LaLota introduces SALT Fairness and Deficit Reduction Act

    May 10, 2023 – LaLota cosponsors SALT Marriage Penalty Elimination Act

    May 17, 2023 – Meeting w/ RSC Chairman Kevin Hern re SALT

    May 18, 2023 – Meeting w/ Rep. Mario Diaz Balart re SALT

    May 24, 2023 – Meeting w/ Rep. Gottheimer re SALT

    May 24, 2023 – First meeting w/ House Ways and Means Committee Chairman Jason Smith

    May 30, 2023 – LaLota introduces amendment to Fiscal Responsibility Act to address unfair SALT deduction cap

    June 6, 2023 – Meeting w/ Senator Gillibrand re SALT

    June 14, 2023 – Meeting w/ Majority Leader Steve Scalise and Chairman Smith re SALT

    June 22, 2023 – Meeting w/ SALT Caucus

    July 12, 2023 – Meeting w/ Democratic Leader Chuck Schumer re SALT

    July 27, 2023 – Meeting w/ House Budget Committee re SALT

    January 31, 2024 – LaLota introduces SALT Marriage Penalty Elimination Act alongside Rep. Mike Lawler

    January 31, 2024 – LaLota votes against Wyden-Smith tax bill due to lack of SALT fix

    January 31, 2024 – LaLota forces vote on SALT Marriage Penalty Elimination Act

    February 14, 2024 – House Democrats block vote on SALT Marriage Penalty Elimination Act

    April 10, 2024 – LaLota highlights unfair SALT deduction cap at Small Business Committee hearing

    May 14, 2024 – LaLota House floor speech on House Democrats blocking SALT Marriage Penalty Elimination Act

    June 7, 2024 – Meeting w/ SALT Caucus

    August 12, 2024 – Publishes Op-Ed entitled, “Relief for New York: Increasing the SALT Deduction to Protect Our Communities”

    September 24, 2024 – Meeting w/ Ways and Means Committee Working Families Tax Team re SALT

    December 12, 2024 – LaLota rejects idea of raising SALT deduction cap to $20,000

    January 7, 2025 – Meeting w/ SALT Caucus

    January 8, 2025 – Meeting w/ Ways and Means Committee Working Families Tax Team re SALT

    January 11, 2025 – Meeting w/ President Trump at Mar-a-Lago re SALT

    January 14, 2025 – LaLota publishes Op-Ed entitled, “Fighting for Long Island’s Future”

    January 14, 2025 – Meeting w/ SALT Caucus

    January 23, 2025 – LaLota testifies in front of Ways and Means Committee re unfair SALT deduction cap

    January 24, 2025 – LaLota House floor speech on unfair SALT deduction cap

    January 30, 2025 – SALT press conference in Smithtown, NY

    February 26, 2025 – LaLota votes for House Budget Resolution & vows to get SALT fix done

    February 27, 2025 – LaLota meets w/ President Trump in Oval Office and talks SALT fix

    March 1, 2025 – LaLota reiterates his promise to vote against reconciliation bill if it doesn’t include meaningful increase to SALT deduction cap

    March 3, 2025 – LaLota publishes Op-Ed entitled, “A Responsible Budget That Puts Long Island First”

    April 6, 2025 – Phone Call w/ Speaker Johnson re Budget Resolution and SALT

    April 7, 2025 – Small Group Meeting w/ Speaker Johnson re SALT

    April 29, 2025 – Meeting w/ White House Legislative Affairs re SALT

    April 30, 2025 – Small Group Meeting w/ Speaker Johnson re SALT

    May 6, 2025 – Small Group Meeting w/ Speaker Johnson re SALT

    May 8, 2025 – Joint Statement from SALTy Five re Ways and Means proposed SALT language

    May 8, 2025 – SALTy Five reject Ways and Means offer on proposed SALT fix

    May 12, 2025 – Conference Call w/ Speaker Johnson and Chairman Smith

    May 13, 2025 – Meeting w/ Speaker Johnson re SALT

    May 15, 2025 – Small Group Meeting w/ Speaker Johnson re SALT

    May 19, 2025 – Phone Call w/ Speaker Johnson re SALT

    May 19, 2025 – Small Group Meeting w/ Speaker Johnson re SALT

    May 20, 2025 – Small Group Meeting w/ Speaker Johnson re SALT

    May 20, 2025 – Joint Statement from SALTy Five re President Trump’s comments during House Republican Conference Meeting

    New York currently holds the unenviable position of having the highest effective tax burden in the nation, a direct consequence of the ballooning state budget under single-party Democratic rule since 2018. The current New York State budget, growing at a rate double that of inflation, surpasses Florida’s despite New York’s smaller population. The repercussions are stark: New York leads the country in residents relocating to more economically-prudent states like Florida, North Carolina, and South Carolina.

    This fiscal mismanagement by New York Democrats has resulted in an excessive dependence on the federal State and Local Tax (SALT) deduction. This deduction permits taxpayers to offset their federal taxable income with the amount paid in state and local taxes. However, the 2017 tax reform, spearheaded by President Trump, capped these deductions at $10,000, intensifying the tax burden for New Yorkers. This cap underscores the urgent need for fiscal reform in the state to alleviate the pressures on its taxpayers.

    In 2022, despite their initial pledge of “No SALT, no deal,” House Democrats did not follow through before the final vote on the Inflation Reduction Act. Throughout 2021 and 2022, Democrats controlled both chambers of Congress as well as the White House. Nevertheless, they did not address the $10,000 cap on the State and Local Tax (SALT) deduction, missing a crucial opportunity to fulfill their promises to alleviate the tax burdens on their constituents. This inaction occurred even as they held the legislative power to potentially make significant changes to the policy.

    Since being sworn into office in January 2023, LaLota has been explicitly clear on his support for restoring the SALT deduction. LaLota joined the bipartisan SALT Caucus and, in March 2023, introduced the SALT Fairness and Deficit Reduction Act to effectively bring the deduction to pre-2017 levels for the overwhelming majority of taxpayers while at the same time reducing the federal deficit by raising and extending the SALT deduction cap to $60,000 for single filers and $120,000 for joint filers beginning in 2023 and lasting until December 31, 2032.

    In January 2024, LaLota voted against the Wyden-Smith tax bill because it failed to include an increase on the cap to the State and Local Tax (SALT) deduction. In February 2024, LaLota introduced the SALT Marriage Penalty Elimination Act to the floor of the House. Unfortunately, 18 Republicans, together with every single House Democrat, blocked further consideration, debate, and a final vote on the measure. The SALT Marriage Penalty Elimination Act would remove the marriage penalty and raise the SALT deduction cap to $20,000 for joint filers and cap adjusted gross income at $500,000.

    In January 2025, LaLota met with President Donald Trump at Mar-A-Lago to address critical issues impacting Long Island, including the SALT cap, and continue the conversation on available options for a reconciliation tax package. During that meeting, President Trump renewed his campaign pledge to ‘fix’ the SALT cap and support LaLota’s constituents who suffer under the nation’s most burdensome state and local taxes, a direct result from ineffective and incompetent Democratic governance in New York.

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    MIL OSI USA News

  • MIL-OSI USA: Congresswoman Salinas Defends Oregon Families, Votes No on Final Passage of GOP Tax Scam

    Source: US Representative Andrea Salinas (OR-06)

    Washington, DC – Today, Congresswoman Andrea Salinas (OR-06) issued the following statement after voting no on final passage of the Republican tax scam:

    “Time and time again, my Democratic colleagues and I have attempted to work with Republicans on legislation that would actually bring down costs and make life better for working families. They refused and instead put forth a disastrous tax bill that rips away health care and food assistance for millions, all to give massive tax breaks to billionaires.

    Democrats were undeterred. In committee, we introduced hundreds of amendments to change or remove some of the worst provisions in this bill, including commonsense fixes that would have prevented children from going hungry. Republicans either voted no or failed to bring our amendments up for consideration.

    At every turn, my colleagues on the other side of the aisle have not only ignored our attempts at bipartisanship – they have actively avoided accountability and even convened a meeting in the dead of night to force through their shameful legislation. Republicans are hiding from the American people because they know these cuts are deeply unpopular. Yet they don’t care. Families will starve and people will die as a result of the Republican tax scam – but the rich will get even richer.

    Despite this devastating setback, I will continue to push back against Trump and the GOP’s complicit actions to trample the Constitution, abdicate our co-equal powers of government, and harm the seniors, veterans, children, and hardworking families I’m here to represent.”

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    MIL OSI USA News

  • MIL-OSI USA: Rep. Young Kim Secures SALT Cap Increase, Tax Cuts in Historic Package 

    Source: United States House of Representatives – Representative Young Kim (CA-39)

    Washington, DC – Today, U.S. Representative Young Kim (CA-40) voted in favor of H.R. 1, which takes historic steps to uplift working families and small businesses, get our country back on the right fiscal track, and streamline and strengthen our federal government to better serve the American people.  

    Rep. Kim, who serves as Republican co-chair of the State and Local Tax (SALT) Caucus, secured a 400% increase in the cap on SALT deductions, allowing hardworking California families to keep more money in their pockets and providing vital relief for  her constituents hurt by the current $10,000 SALT cap. 

    “Californians I represent have been bearing the brunt of persistent inflation due to wasteful spending from Washington and Sacramento. It’s past time for relief. Increasing the SALT cap 400% is a huge win that allows middle-class families I represent to keep more hard-earned money in their pockets,” said Rep. Young Kim. 

    “This bill takes important steps to ensure federal dollars are stretched as far as possible and strengthen Medicaid for our most vulnerable citizens. I will keep working to get our country back on the right track and protect the American dream for future generations,” she continued. 

    In addition to providing much-needed SALT relief, H.R. 1 supports the American people through initiatives such as: 

    • Protecting Medicaid for future generations of our most vulnerable citizens, including seniors, women, children, and disabled Americans;  
    • Extending middle-class tax cuts and the child tax credit originally enacted in the 2017 Tax Cuts and Jobs Act; and, 
    • Promoting financial literacy and opportunity by creating a pilot program where newborns receive $1,000 in a tax advantaged investment account. 

    According to the U.S. Chamber of Commerce, nearly 25,000 small and pass-through businesses across Rep. Kim’s district will see an increase of approximately $21,906,300 in their qualified business income deduction through the bill’s passage. 

    MIL OSI USA News

  • MIL-OSI USA: JOINT DEMOCRATIC LEADERSHIP STATEMENT ON PASSAGE OF THE GOP TAX SCAM

    Source: United States House of Representatives – Congressman Hakeem Jeffries (8th District of New York)

    Democratic Leader Hakeem Jeffries, Whip Katherine Clark and Caucus Chair Pete Aguilar released the following statement:

    Today, every single House Democrat voted to stop the largest cuts to Medicaid and food assistance in American history. The GOP Tax Scam rips healthcare and food assistance away from millions of people in order to provide tax cuts to the wealthy, the well-off and the well-connected. 

    House Republicans promised to lower costs. Instead, Donald Trump’s One Big Ugly Bill will mean millions of families will pay higher premiums, copays and deductibles. Hospitals will close, nursing homes will shut down and communities will suffer. It will take food out of the mouths of children, seniors and veterans at a time when too many families are already struggling to live paycheck to paycheck.

    The GOP Tax Scam is deeply unpopular, which is why Republicans made every effort to advance it during the dead of night. For more than 28 hours, beginning with Rules Committee Ranking Member Jim McGovern, Democrats forced Republicans to debate this toxic legislation before the American people. This fight is just beginning, and House Democrats will continue to use every tool at our disposal to ensure that the GOP Tax Scam is buried deep in the ground, never to rise again.

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    MIL OSI USA News

  • MIL-OSI USA: Smith: House Passage of Reconciliation Bill Historic Win Years in the Making

    Source: United States House of Representatives – Congressman Adrian Smith (R-NE)

    Washington, DC — Today Congressman Adrian Smith (R-NE) released the following statement after the House of Representatives passed, with his support, a legislative package to advance President Trump’s priorities to enact tax relief, secure the border, promote energy abundance, and expand economic growth.

    “Passage of this legislation is a hard-fought win for the American people and years in the making. Through unprecedented coordination and collaboration across numerous committees, House Republicans have fulfilled our commitments to bring tax relief and certainty to American families, seniors, small businesses, and our hardworking agriculture producers. I am pleased the package includes measures I have led to drive major investment empowering parental choice in education and end the IRS’s unlawful, unfair, and expensive Direct File program. The bill prevents a more than $2 trillion tax increase on middle- and low-income Americans and opens the door to an historic era of American prosperity. I urge my colleagues in the Senate to swiftly pass it so President Trump can sign it into law.”

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    MIL OSI USA News

  • MIL-OSI USA: Rep. Moore Votes “Yes” on One Big Beautiful Bill

    Source: United States House of Representatives – Representative Riley Moore (WV-02)

    Washington, D.C. – This morning, the House of Representatives passed H.R. 1, the One Big Beautiful Bill Act. Congressman Riley M. Moore voted “Yes” on the legislation, and earlier this morning spoke in favor of it on the House floor.

    Congressman Moore issued the following statement:

    “77 million Americans demanded generational change in November. Today, House Republicans delivered on that mandate from the American people.

    “Our One Big Beautiful Bill delivers major victories for the American people:

    “It unleashes American energy like never before, repeals billions in subsidies for the Green New Scam, expedites permitting, and kills the radical EV mandates.

    “It delivers the largest tax cut in American history by making the 2017 tax cuts permanent, eliminates tax on tips and overtime, and slashes taxes on Social Security payments.

    “It sends critical resources to immigration authorities for border security and large-scale deportation efforts, finishes construction of the border wall, invests in 21st-century defense systems like the Golden Dome, restores America’s maritime dominance, and upgrades the nation’s air traffic control system.

    “It invests in the American family by expanding the child tax credit, enhances the adoption tax credit, establishes federal savings accounts for new babies, defunds big abortion, and ends government funding for all sex-change surgeries.

    “This bill delivers for West Virginia and the American people. We strengthened Medicaid for those who need it, cut spending by over $1.5 trillion, and will soon see our economy enter a new Golden Age. I’m proud to have voted “Yes” today, and urge the Senate to quickly pass this legislation and send it to President Trump for signature.”

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    MIL OSI USA News

  • MIL-OSI USA: Rep. Brian Babin Backs President Trump’s Bold ‘Big Beautiful Bill’ to Restore American Prosperity and Security

    Source: United States House of Representatives – Representative Brian Babin (R-TX)

    WASHINGTON, D.C. – U.S. Congressman Brian Babin (TX-36) cast his vote today in support of President Donald J. Trump’s “One, Big, Beautiful Bill,” a legislative package that secures critical wins for the American people and reasserts House Republican’s America First agenda.

    “President Trump promised to fight for working Americans, and this bill proves he’s delivering,” said Rep. Babin. “It takes the boot off the neck of our small businesses, puts more money in the pockets of our families, and restores sanity to our border and welfare programs. This is exactly the kind of leadership our country has been waiting for. For the past four years, American families have been squeezed by out-of-control inflation, reckless spending, and open border chaos. This bill is a major step in reversing the damage and returning power to the people. With Republicans back in charge, we’re restoring hope and rebuilding strength.”

    Key provisions of the bill include:

    • Preventing a looming tax hike by locking in the Trump tax cuts of 2017;
    • Cutting taxes on tips, overtime, and auto loan interest so that hardworking Americans keep more of their paycheck;
    • Providing meaningful tax breaks for retirees;
    • Redirecting taxpayer dollars away from Planned Parenthood and toward real health care options that value life;
    • Ending taxpayer-funded transgender procedures under Medicaid and rooting out fraud by creating work requirements and tightening eligibility—removing over 1.4 million illegal aliens from the program;
    • Canceling Biden’s radical EV mandate and repealing the Inflation Reduction Act’s special interest tax breaks;
    • Encouraging responsibility through stronger SNAP work requirements;
    • Delivering serious resources for the border, empowering DHS, Border Patrol, and Tom Homan’s team to get the job done and protect our nation.

    The House passage of the “Big Beautiful Bill” marks a major milestone in the conservative comeback. Congressman Babin urges the Senate to act quickly and send this bill to President Trump’s desk.

    MIL OSI USA News

  • MIL-OSI USA: Rep. Cuellar Votes NO on Partisan Budget Bill

    Source: United States House of Representatives – Congressman Henry Cuellar (TX-28)

    Today, Congressman Henry Cuellar, Ph.D. (TX-28), voted against the partisan budget bill, expressing concern that the legislation would raise costs for working families and make deep cuts to essential programs – including Medicaid, the Supplemental Nutrition Assistance Program (SNAP), which includes school meals, and health coverage for millions of Americans.

    “I voted against this bill because I believe it would harm families in my district,” said Rep. Cuellar. “No fiscally responsible budget adds $3.8 trillion to the national debt. That’s just not sustainable. I’ve supported responsible tax cuts in the past to help working families and small businesses. But that’s not what this bill does. It shifts the burden onto families who are just trying to get ahead while giving the biggest breaks to those who need them the least.”

    Rep. Cuellar continued: “According to estimates, more than 43,000 people in my district could lose their health coverage – 34,000 through the Affordable Care Act and another 9,000 through Medicaid. Similarly, over 3.4 million Texans rely on SNAP to put food on the table. With 17% of Texas households already facing food insecurity, we can’t afford to cut back on school meals or nutrition assistance.

    “These aren’t just numbers – they represent families, children, seniors, and individuals with disabilities who rely on these programs to get by. This is in addition to new tariffs driving up prices on groceries, clothing, home goods, and essential supplies families rely on every day.”

    Rep. Cuellar also raised concerns about the process used to draft and pass the legislation. “They held the final committee hearing at one o’clock in the morning,” he added. “The final version of the bill was over a thousand pages long, and members had just a few hours to review it – with amendments still being written late into the night. That kind of rushed process limits accountability and makes it harder to ensure the final product works for the folks we represent.”

    The bill is projected to raise taxes on low-income households, reduce Medicaid and SNAP funding by hundreds of billions of dollars, and remove key protections that help patients afford care. It would also limit states’ ability to respond to health emergencies and reduce provider funding that rural hospitals, nursing homes, and community clinics rely on to stay open.

    “This bill doesn’t reflect the values of Texas or the needs of working families,” Rep. Cuellar concluded. “People in South Texas aren’t asking for special treatment, just a fair shot. That means protecting health care, investing in kids, and making sure tax policy is responsible and balanced.”

    ###

    El diputado Cuellar vota NO al proyecto de presupuesto partidista

    Washington, D.C. – Hoy, el congresista Henry Cuellar, Ph.D. (TX-28), votó en contra del proyecto de presupuesto partidista, expresando su preocupación de que la legislación aumentaría los costos para las familias trabajadoras y haría profundos recortes a programas esenciales – incluyendo Medicaid, el Programa de Asistencia Nutricional Suplementaria (SNAP), que incluye comidas escolares, y la cobertura de salud para millones de estadounidenses.

    “Voté en contra de este proyecto de ley porque creo que perjudicaría a las familias de mi distrito”, dijo el representante Cuellar. “Ningún presupuesto fiscalmente responsable añade 3,8 billones de dólares a la deuda nacional. Eso no es sostenible. He apoyado recortes de impuestos responsables en el pasado para ayudar a las familias trabajadoras y las pequeñas empresas. Pero eso no es lo que hace este proyecto de ley. Transfiere la carga a las familias que sólo intentan salir adelante, mientras que da las mayores exenciones a quienes menos las necesitan.”

    El diputado Cuéllar continuó “Según las estimaciones, más de 43.000 personas en mi distrito podrían perder su cobertura de salud – 34.000 a través de la Ley de Asistencia Asequible y otros 9.000 a través de Medicaid. Del mismo modo, más de 3,4 millones de tejanos dependen de SNAP para poner comida en la mesa. Con el 17% de los hogares de Texas ya se enfrentan a la inseguridad alimentaria, no podemos darnos el lujo de recortar en las comidas escolares o asistencia nutricional.”

    “No son sólo números: son familias, niños, ancianos y personas con discapacidad que dependen de estos programas para salir adelante. Esto se suma a los nuevos aranceles que hacen subir los precios de los comestibles, la ropa, los artículos para el hogar y los suministros esenciales de los que dependen las familias cada día.”

    El representante Cuellar también expresó su preocupación por el proceso utilizado para redactar y aprobar la legislación. “Celebraron la audiencia final del comité a la una de la madrugada”, añadió. “La versión final del proyecto de ley tenía más de mil páginas, y los miembros tuvieron sólo unas pocas horas para revisarlo, con enmiendas que se seguían escribiendo hasta altas horas de la noche. Ese tipo de proceso apresurado limita la responsabilidad y hace más difícil garantizar que el producto final funcione para la gente a la que representamos.”

    El proyecto de ley aumentaría los impuestos a las familias con rentas bajas, reduciría la financiación de Medicaid y SNAP en cientos de miles de millones de dólares y eliminaría protecciones clave que ayudan a los pacientes a costearse la atención sanitaria. También limitaría la capacidad de los estados para responder a emergencias sanitarias y reduciría la financiación de proveedores de la que dependen hospitales rurales, residencias de ancianos y clínicas comunitarias para permanecer abiertos.

    “Este proyecto de ley no refleja los valores de Texas ni las necesidades de las familias trabajadoras”, concluyó el diputado Cuéllar. “La gente del sur de Texas no está pidiendo un trato especial, sólo una oportunidad justa. Eso significa proteger la asistencia sanitaria, invertir en los niños, y asegurarse de que la política fiscal es responsable y equilibrada.”

    ###

    MIL OSI USA News

  • MIL-OSI USA: Speaker Johnson Statement on House Passage of The One Big Beautiful Bill Act

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    Speaker Johnson Statement on House Passage of The One Big Beautiful Bill Act

    Reconciliation bill now heads to the Senate for consideration

    Washington, May 22, 2025

    WASHINGTON — Speaker Johnson released the following statement after the House passed The One Big Beautiful Bill Act. The bill now heads to the Senate for consideration.

    “The media and the Democrats have consistently dismissed any possibility of House Republicans succeeding in our mission to enact President Trump’s America First agenda. Once again, they have been proven wrong. Today, the House has passed generational, nation-shaping legislation that reduces spending, permanently lowers taxes for families and job creators, secures the border, unleashes American energy dominance, restores peace through strength, and makes government work more efficiently and effectively for all Americans. House Democrats voted against all of it — which clearly proves they want tax hikes on their constituents, open borders, and Medicaid for illegal immigrants. We look forward to the Senate’s timely consideration of this once-in-a-generation legislation and stand ready to continue our work together to deliver The One Big Beautiful Bill to the President’s desk.”

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    MIL OSI USA News

  • MIL-OSI USA: Speaker Johnson: The President is waiting with his pen. And the American people are waiting for relief.

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    WASHINGTON — Ahead of passage, Speaker Johnson delivered the closing argument for the One Big Beautiful Bill Act on the House floor this morning, arguing for its swift passage and immediate consideration by the U.S. Senate.

    Click here to watch Speaker Johnson’s full remarks

    Below are Speaker Johnson’s remarks as delivered:

    After a long week and a long night and countless hours of work over the past year, a lot of prayer and a lot of teamwork, my friends, it quite literally is again Morning in America, isn’t it? And after four long years of President Biden’s failures, President Trump’s America First agenda is finally here, and we are advancing that today.

    What we’re going to do here this morning is truly historic, and it will make all the difference in the daily lives of hard-working Americans. The Dallas waitress pulling overtime, the Detroit mom counting bills late at night, the Kentucky coal miner waiting on his second chance. These are the forgotten men and women of our country that we are all called here to serve, and the One Big Beautiful Bill will deliver for those people.

    It revives our economy. It will deliver historic tax relief. It will make the largest investment in our border security in a generation. It will unleash affordable American energy again, restore common sense to government, secure generational savings and strengthen our national defense, while it also strengthens our essential programs like Medicaid for the people who need it the most. That’s what we’re doing with the One Big Beautiful Bill.

    To put it simply, this bill gets Americans back to winning again, and it’s been a long time coming. This One Big Beautiful Bill is the most consequential legislation that any party has ever passed, certainly under a majority this thin. Legislation of this magnitude is truly nation shaping and life changing. It’s the kind of transformational change that future generations will study one day.

    They’ll look back at this day as a turning point in American history, and it’s exactly what we were sent here to do. Let the record show that when the House Democrats vote in a few moments, this is what they’ll be voting for. Their vote will show that they are apparently for the largest tax increase in the history of our country. They will be voting for when they vote against this bill, waste, fraud, and abuse. They will be voting against safer communities, American energy dominance and American strength on the world stage.

    Today wouldn’t be possible without the leadership of arguably the most powerful and the most successful and the most respected president in the modern era of the United States. Our Democratic colleagues mock the objective truth. We were delivered unified government, my friends, in November, the White House, the Senate and the House were delivered to the party on this side of the aisle. So you can laugh all you want.

    None of this would be possible without the leadership of the 45th and the 47th president of the United States, Donald J. Trump, and it would not be possible without the really hard work of the men and women on this side of the aisle.

    I just want to name our chairman of their House committees that produced and did all the hard work to produce the big, beautiful bill. Scripture says we give honor where honor is due, Mr. Leader, and we’re going to do that here quickly: Chairman G.T. Thompson of the Agriculture Committee, Chairman Mike Rogers of the Armed Services Committee, Chairman Jodey Arrington of the Budget Committee, Chairman Tim Walberg, Education and Workforce Committee, Chairman Brett Guthrie, Energy and Commerce Committee, Chairman French Hill, Financial Services Committee, Chairman Mark Green, Homeland Security Committee Chairman Jim Jordan, Judiciary Committee, Chairman Bruce Westerman, House Natural Resources Committee, Chairman James Comer Oversight and Accountability Committee, Chairman Sam Graves, Transportation and Infrastructure, Chairman Jason Smith, Ways and Means Committee, and I want to make special mention of Chairwoman Virginia Foxx of the Rules Committee, who, by my count, sat in that chair and led that Rules Committee for almost seemed like two straight days. And I think she took two short breaks. She’s the “iron lady of the House,” and I’m so grateful for all their hard work.

    The beauty of what we produce with the One Big Beautiful Bill over here is that this was a team effort. This was men and women who were elected to come here, the duly elected representatives of the people back home. They rolled up their sleeves. They got down in the trenches. We began this effort over a year ago.

    It was actually March of last year, because we anticipated, and we believed, that we would be delivered unified government, that we would have a Republican leader in the White House, Donald J. Trump, that we would have the Senate and the house, and that we would have that moment of opportunity. And so, we planned, and we worked, and we locked arms together as a team, and we have delivered this against all odds.

    The media has tried to divide us. They’ve written our eulogy about 10 times, and you know what? Sometimes it’s good to be underestimated, isn’t it? But we got this done, and I’m so proud of the work of every member of this House Republican Conference who worked in their committees. Every single member had a say in this, every single constituent, the millions of people that are represented here, have their voices and their interests reflected, because we did this together as a team, and it’s quite an achievement.

    I just want to say that all that tireless work has led to the hard work of crafting this legislation, and we’ve been ready since day one to deliver on this agenda. Unified control of government is a rare mandate. It doesn’t happen very often. It’s happened just three times for our party in the last half century. We do not take it for granted, and we are delivering on that mandate here today.

    The American people gave us a mandate in November. They sent a message with their vote. They gave this side of the aisle the power, and we’re going to use it to make their lives better. What we’re achieving here today is nothing short of historic, and that’s true. House Republicans are getting it done again.

    In the Republican Party, see, we believe in a simple principle. We believe that America really is a shining city on a hill. Ronald Reagan used to talk about that, he was referencing Scripture. He understood that America is exceptional. He understood that, as it says right there above the Speaker’s rostrum, our national motto, that we trust in God, in God is our trust. These are the things that make our nation exceptional, and the people of our country, they deserve, they deserve better.

    We’ve been working hard to deliver so that the people of our country see this again as a shining city on a hill, and that people around the world see us for who we should be. One thing that we can all agree on, on both sides of the aisle, is that a strong America is good for everybody, all around the world. All of us together, regardless of party, were called here to stand together and defend those freedoms and to defend those foundations that made us the greatest nation in the history of the world. All of us have to look and recognize that the shine has not been on that city in a while. We’re here to restore it, and this piece of legislation, as large as it is and historic as it is, will do that very thing.

    Now look, we’re accomplishing a big thing here today, but we know this isn’t the end of the road just yet. We’ve been working closely with Leader Thune and our Senate colleagues, the Senate Republicans, to get this done and delivered to the President’s desk by our Independence Day, that’s July 4.

    Today proves that we can do that, and we will do that. And it doesn’t matter how much the media doubts this, or how much the Democrats, you know, give us their narratives. Doesn’t matter how long the speeches are. It doesn’t change the facts; we’re delivering, and we’re doing it in a big way.

    So, to our friends in the Senate, I would just say, the President is waiting with his pen. The American people are waiting for this relief. They are waiting for these life changing results, and we are going to finish this job. This is a historic moment that we will be talking to our children and our grandchildren about, and everyone will remember America’s back. I yield back.

    ###

    MIL OSI USA News

  • MIL-OSI USA: House Passes President Trump’s America First Agenda

    Source: United States House of Representatives – Congressman Rick Allen (R-GA-12)

    Today, the U.S. House of Representatives passed H.R. 1, the One Big Beautiful Bill Act. After voting in support of the bill, Congressman Rick W. Allen (GA-12) issued the following statement:

    “House Republicans have met the moment before us with passage of today’s historic legislation. Through months of hard work, valuable input from all Members of our conference, and a clear mandate from 77 million Americansthe House has delivered the people’s agenda,” said Congressman Allen. “The One Big Beautiful Bill Act codifies President Trump’s priorities by providing resources to secure the border, making a generational investment in America’s defense, bolstering domestic energy dominance, avoiding the largest tax hike in history, and protecting our most vulnerable communities. My colleagues in the Senate must move expeditiously in passing our bill and sending it to President Trump’s desk. The sooner this legislation is signed into law, the sooner our economy will experience record growth and American families, workers, and businesses will see the relief they have long deserved.”

    THE ONE BIG BEAUTIFUL BILL ACT:

    • Makes the 2017 Trump tax cuts permanent – protecting the average taxpayer from a 22% tax hike.
      • The average taxpayer in GA-12 would see a 24% tax hike if the Trump Tax Cuts expire.
      • A family of 4 making $60,966, the median income in GA-12, would see a $1,160 tax increase if the Trump Tax Cuts expire.
      • Over 6,000 family-owned farms in GA-12 would have their death tax exemption slashed in half next year if the Trump Tax Cuts expire.
    • Delivers on President Trump’s priorities of no tax on tips, overtime pay, and car loan interest, and provides additional tax relief for seniors. 
    • Provides funding for 10,000 new Immigration and Customs Enforcement (ICE) personnel.
    • Provides an effective border wall system, specifically:
      • Completion of 701 miles of primary wall.
      • Construction of 900 miles of river barriers.
      • 629 miles of secondary barriers.
      • Replacement of 141 miles of vehicle and pedestrian barriers.
    • Rescinds wasteful Inflation Reduction Act (IRA) spending which led to runaway inflation.
    • Streamlines processes for developing energy infrastructure which will unleash American energy, help secure affordable and reliable energy for Americans, and support exporting energy to aid our allies.
    • Ensures that Medicaid only pays for American citizens and legal immigrants by strengthening citizenship verifications to determine eligibility, saving tens of billions of dollars.
    • Increases personal accountability to help lift Americans out of poverty by establishing work requirements in Medicaid for able-bodied adults who do not have dependent children or elderly parents in their care.
    • Strengthens accountability for students and taxpayers, streamlines student
      loan options, and simplifies student loan repayment.

    BACKGROUND: The One Big Beautiful Bill Act, otherwise known as the reconciliation billis a combination of individual bills advanced by 11 House committees as instructed by the Republican Budget Framework. Congressman Allen sits on two of the 11 committees, the House Energy and Commerce Committee and the House Education and Workforce Committee, in which he played an integral role in crafting and advancing the language under each committee’s jurisdiction. Legislation brought to a vote under the reconciliation process in the United States Senate only requires a simple majority vote.

    MIL OSI USA News

  • MIL-OSI USA: House Republicans Pass President Trump’s ‘Big Beautiful Bill’ – U.S. Representative Barry Loudermilk

    Source: United States House of Representatives – Representative Barry Loudermilk (R-GA)

    Rep. Barry Loudermilk (GA-11) issued the following statement on the House of Representatives passage of the One Big, Beautiful Bill Act.

    “Today, my Republican colleagues and I passed President Trump’s One Big, Beautiful Bill Act — a historic win for the American people. An extensive amount of work went into this legislation, which will extend tax cuts for hard-working Americans, unleash American energy stifled by the Democrats’ Green New scam, and provide much-needed support for our brave Border Patrol agents. This bill also gives the administration the tools to investigate, expose and cut fraud, waste, and abuse within federal government agencies, while protecting the core services that many Americans rely upon.

    “This is an historic bill aimed at delivering on the mandate the American people gave us in November. Republicans have ensured that Americans can keep more of what they earn, and pay lower prices for food and gas, as a result of our pro-energy approach. Americans can also expect a return to a safer nation, as we equip Border Patrol and Homeland Security with the tools needed to expel foreign terrorists and criminals — and to keep them from returning. The Big, Beautiful Bill is the pro-family, pro-America policy needed to restore American excellence at home and abroad.”

    Background

    Border Security

    • Provides funding for 10,000 new Immigration and Customs Enforcement personnel.
    • Provides funding for detention capacity sufficient to maintain an average daily population of at least 100,000 aliens.
    • Provides funding for at least one million annual removals.
    • Introduces a new series of fees that provide funding and resources to various agencies.
    • Funds the hiring of 10,000 new ICE agents and Homeland Security Investigations (HSI) criminal investigators
    • Codifies permanent fees for immigration services, to ensure cost recovery and reduce the federal deficit.

    • Provides $12 billion to reimburse states for actions taken to deter, mitigate, or prevent unlawful or illicit activities related to border security.

    Permanent Extension of Tax Cuts and Jobs Act

    • Makes the 2017 Trump-era tax cuts permanent – protecting the average taxpayer from a 22 percent tax hike.
    • Saves the average American family $1,700 – the equivalent of 9 weeks of groceries.
    • Increases real annual take-home pay for a median-income household with two children by roughly $4,000 to $5,000.
    • Raises annual real wages by $2,100 to $3,300 per worker.
    • Delivers on President Trump’s priorities of no tax on tips, overtime pay, or car loan interest, and provides additional tax relief for our seniors.

    • Repeals the requirement for firearm silencers and takes the manufacturer tax on silencers to $0
    • Locks in and boosts the doubled Child Tax Credit for more than 40 million families, and provides additional tax relief for American families.
    • Supports working families by expanding access to childcare and making the paid leave tax credit permanent.
    • Puts American families in control of their health care by expanding health savings accounts and cementing into law a Trump Administration policy that offers more choice and flexibility for health coverage options.
    • Starts building financial security for America’s children, at birth, with the creation of new savings accounts.

    Unleashes American Energy

    • Reinstates quarterly onshore oil and gas lease sales, generating $12 billion in revenue.
    • Mandates at least thirty lease sales in the Gulf of America over the next fifteen years, and six in the Cook Inlet, generating billions of dollars in new revenue.
    • Returns to reasonable oil and natural gas royalty rates.
    • Requires geothermal lease sales, generating $23 million in new revenue.
    • Resumes leasing for energy production in the National Petroleum Reserve in Alaska and the Arctic National Wildlife Refuge, generating over $1 billion in new revenue and savings.
    • Resumes coal leasing on federal lands.
    • Increases timber sales on federal lands and requires long-term timber contracts.

    MIL OSI USA News

  • MIL-OSI USA: Carter statement on “One, Big, Beautiful Bill” passing the House

    Source: United States House of Representatives – Congressman Earl L Buddy Carter (GA-01)

    Headline: Carter statement on “One, Big, Beautiful Bill” passing the House

    Carter statement on “One, Big, Beautiful Bill” passing the House

    Washington, May 22, 2025

    WASHINGTON, D.C. – Rep. Earl L. “Buddy” Carter (R-GA) released the following statement today after the U.S. House of Representatives passed the One, Big Beautiful Bill Act:


    “This is a once-in-a-generation bill that will unlock President Trump’s full domestic agenda, which Georgians voted for overwhelmingly back in November. With the One, Big, Beautiful Bill Act we are unleashing our nation’s energy dominance, securing the border, putting more money back into hardworking Americans’ wallets, kicking illegal immigrants off Medicaid so that it is available for those who need it, and ending the waste, fraud, and abuse that risks sending our country into economic ruin. I could not be more proud of my House Republican colleagues for getting this fantastic bill passed, but the fight is not over.

    “Georgia’s Senators now have a choice: Will they stand with the people of Georgia by preventing the largest tax hike in American history, or will they bend the knee to Chuck Schumer by siding with the liberal elites?” said Rep. Carter.

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    MIL OSI USA News

  • MIL-OSI USA: Casten Statement on Republican Bill to Gut Medicaid

    Source: United States House of Representatives – Representative Sean Casten (IL-06)

    May 22, 2025

    Washington, D.C. — U.S. Congressman Sean Casten (IL-06) released the following statement after voting against the House Republican bill to gut Medicaid and roll back Inflation Reduction Act tax credits in order to give a tax cut to Donald Trump and Elon Musk:

    “The House Republican bill stands to strip over 20,235 people in the 6th Congressional District of their health insurance. It would gut Medicaid – a program that benefits ALL Americans. And, it would cut hundreds of billions of dollars from food assistance programs like SNAP, making it more difficult for children, seniors, and veterans to eat.

    “Who does it benefit? The bill gives a tax cut to the wealthiest 1% of Americans. It boosts fossil fuel companies by making it harder for consumers to access cheaper, more reliable energy sources. It makes life easier for people like Donald Trump and Elon Musk at the expense of hard-working families.

    “This bill is among the most harmful and dangerous that the House has considered during my time in Congress. There is a reason House Republicans worked almost exclusively in the middle of the night to pass it – they don’t want the American people to know about it. I was proud to vote Hell no.”

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    MIL OSI USA News

  • MIL-OSI USA: Rep. Mike Levin Slams Passage of GOP’s “Big Ugly Bill”

    Source: United States House of Representatives – Representative Mike Levin (CA-49)

    May 22, 2025

    Washington, D.C. — Today, Rep. Mike Levin (CA-49) released the following statement after voting against the so-called “Big Ugly Bill” being pushed by House Republicans and the Trump Administration:

    “I voted no because this bill is a disaster for working families. It would rip health care away from 14 million Americans—including over 25,000 in my district—by slashing Medicaid and imposing harsh work requirements. It would take food assistance away from up to 10 million Americans. It would drive up household energy bills, even as nearly 80 million Americans already struggle to pay for utilities.

    “And what’s all this pain for? To pay for giant tax breaks for billionaires like Elon Musk. Meanwhile, the rest of us will be left with a $3.8 trillion increase in the national debt, triggering deep, automatic cuts to Medicare and other vital programs.

    “President Trump and Speaker Johnson are once again putting billionaire donors ahead of everyday Americans—at the direct expense of children, seniors, veterans, and working families.

    “This fight is far from over. The bill still has to pass the Senate, and it’s likely to come back to the House. I urge the Senate to reject this cruel, backward legislation and stand up for the people we’re here to serve.”

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    MIL OSI USA News

  • MIL-OSI Security: Americus Man Sentenced to Prison for Illegally Possessing Firearms

    Source: Office of United States Attorneys

    Under Investigation for Fentanyl Distribution, Armed Defendant Attempted to Evade Police

    ALBANY, Ga. – An Americus, Georgia, resident who was under investigation for distributing fentanyl in the community was sentenced to federal prison for illegally possessing several firearms in furtherance of a drug trafficking crime as he attempted to evade arrest.

    Juan Antonious Boone, 36, of Americus, Georgia, was sentenced to serve 181 months in prison to be followed by three years of supervised release by Chief U.S. District Judge Leslie Abrams Gardner on May 21. Boone previously pleaded guilty to one count of possession of a firearm by a convicted felon and one count of possession of a firearm in furtherance of a drug trafficking crime on Oct. 9, 2024. There is no parole in the federal system.

    “Armed repeat felons distributing fentanyl and other dangerous illegal substances will find their cases in federal court,” stated Acting U.S. Attorney C. Shanelle Booker. “We are grateful that no one was injured when the defendant recklessly sped away in his car while attempting to evade arrest. I want to thank the teams from the Americus Police Department, GBI and ATF for helping us hold the defendant accountable for his crimes and their tireless efforts to make our communities safer.”

    “Let me be clear—if you’re a convicted felon pushing fentanyl and carrying illegal firearms, the ATF will find you, and you will face the full force of federal prosecution,” said ATF Assistant Special Agent in Charge Beau Kolodka of the Atlanta Field Division.

    “Fentanyl distribution and armed criminal activity pose a grave threat to public safety,” said GBI Director Chris Hosey. “This sentencing sends a clear message: individuals who choose to traffic deadly drugs and illegally possess firearms will be met with the full force of the law. We remain steadfast in our mission to protect Georgia communities through strong partnerships and relentless investigative work.”

    “The Americus Police Department appreciates the teamwork between local, state and federal law enforcement partners that helps to get dangerous criminals like this off our streets. We are all in the fight together against violent offenders who are flooding our streets with fentanyl and other dangerous narcotics,” said Americus Police Chief Mark Scott.

    According to court documents and statements made in court, the Georgia Bureau of Investigation (GBI) utilized a confidential informant (CI) between June 13, 2023, and Aug. 7, 2023, to purchase small quantities of narcotics, including fentanyl, from Boone in the Americus area. On Jan. 8, 2024, GBI conducted surveillance of Boone at the Days Inn in Americus as he departed the hotel. Boone, who was wanted on an active probation warrant, was pulled over by Americus Police Department (APD) officers. Rather than exiting the vehicle as instructed, Boone placed the vehicle in drive and drove away at a high speed, almost striking an APD officer. APD officers pursued Boone to a nearby apartment complex; when he got to a dead-end, he got out of the car and ran away. Boone had a firearm in his hand and one in his waistband; he was safely apprehended. Boone, who has several felony convictions, was illegally possessing two stolen 9mm pistols. Inside his car, police found approximately 24 grams of fentanyl, 79.743 grams of methamphetamine, 251 grams of cocaine, a large quantity of marijuana and a 9mm semiautomatic pistol. Boone has several prior felonies, including two convictions for possession of a firearm by a convicted felon and a conviction for possession of a firearm during the commission of a felony.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs) and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    The case was investigated by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), the Georgia Bureau of Investigation (GBI) and the Americus Police Department (APD).

    Assistant U.S. Attorney Matthew Redavid prosecuted the case for the Government.

    MIL Security OSI

  • MIL-OSI Security: Former IRS Employee Ordered to Repay Funds From PPP Loan Fraud

    Source: Office of United States Attorneys

    FORT WAYNE – Rakita Davis, 45 years old, of Fort Wayne, Indiana, was sentenced by United States District Court Chief Judge Holly A. Brady after pleading guilty to federal felonies for wire fraud, announced Acting United States Attorney Tina L. Nommay.

    Davis was sentenced to 24 months of probation and ordered to pay $55,213.61 in restitution to the Small Business Administration.

    According to documents in the case, Davis falsely claimed gross income for a business that did not exist when she applied for two Paycheck Protection Program (PPP) loans in 2021. The PPP program provided loans to small businesses for job retention and other expenses as part the CARES Act and for emergency financial assistance to Americans suffering from the economic impact of the COVID-19 pandemic. Davis, who was employed by the IRS when she applied for the loans, falsely claimed that she was the sole proprietor of a catering business when in reality, no such business existed. As a result of her fraudulent representations, Davis received PPP funds which she used for her own benefit on personal items such as jewelry, airfare, luxury car rentals, and vacations.

    “This sentencing demonstrates the commitment of the Treasury Inspector General for Tax Administration (TIGTA) to investigate and bring to justice those who victimize the American taxpayer,” said Kelly Moening, TIGTA Special Agent-in-Charge. “Fraudulently applying for loans through a federal program meant to assist Americans in need will be met with aggressive investigation and prosecution. I want to thank our law enforcement partners and the U.S. Attorney’s Office for their commitment to this goal.”  

    This case was investigated by the United States Treasury Inspector General for Tax Administration with assistance from IRS Criminal Investigation.  The case was prosecuted by Assistant United States Attorney Justin C. Sheridan.

    MIL Security OSI

  • MIL-OSI Security: Salvadoran National Currently Serving State Prison Sentence for Child Rape Sentenced for Illegal Reentry

    Source: Office of United States Attorneys

    BOSTON – A Salvadoran national living in Methuen, Mass. was sentenced yesterday in federal court in Boston for unlawfully reentering the United States after deportation.

    Agustin Landaverde-Romero, 57, was sentenced by U.S.  District Court Judge Richard G. Stearns to 21 months in prison to be served concurrently with Landaverde-Romero’s unrelated state prison sentence. The defendant is subject to deportation upon completion of the imposed sentence. In February 2025, Landaverde-Romero pleaded guilty to unlawful reentry of a deported alien. Landaverde-Romero was indicted by a federal grand jury in March 2024.

    On July 6, 1999, Landaverde-Romero entered the United States without inspection near Brownsville, Texas. He was identified by authorities in July 1999 and ordered to be removed to El Salvador on Sept. 23, 1999. On Oct. 7, 1999, he was removed from the United States.

    Sometime thereafter, Landaverde-Romero illegally reentered the United States. In July 2020, he was arrested and charged with rape of child and rape of child by force in Essex County Superior Court. He was subsequently convicted of the charges and, in May 2023, was sentenced to 20-25 years in state prison. On June 23, 2023, while serving his sentence, Landaverde-Romero was encountered by immigration authorities during a screening of inmates and determined to have unlawfully reentered the United States.

    United States Attorney Leah B. Foley; Michael J. Krol, Special Agent in Charge of Homeland Security Investigations in New England; and Methuen Police Chief Scott J. McNamara made the announcement. Assistant U.S. Attorney Suzanne Sullivan Jacobus of the Major Crimes Unit prosecuted the case.

    MIL Security OSI

  • MIL-OSI Security: Two Money Couriers for Colombian-Based Drug Money Laundering Organization Sentenced

    Source: Office of United States Attorneys

    BOSTON – Two Jamaican nationals were sentenced yesterday in federal court in Boston for their involvement in a sophisticated international money laundering organization that laundered more than $6 million in drug trafficking proceeds from Colombian cartels through the United States, Caribbean and European banking systems.

    St. Devon Anthony Cover, 61, was sentenced by U.S. District Court Judge Richard G. Stearns to 42 months in prison. In January 2025 Cover was convicted of one count of money laundering conspiracy and seven counts of laundering of monetary instruments. Dennis Raymond Rowe, 60, was sentenced by U.S. District Court Judge Richard G. Stearns to 52 months in prison. In January 2025 Rowe was convicted of one count of money laundering conspiracy, one count of money laundering and two counts of laundering of monetary instruments. Both defendants are subject to deportation upon completion of their imposed sentences.

    The defendants were among 20 individuals from Colombia, Jamaica and Florida who were indicted by a federal grand jury in May 2022 in connection with the money laundering conspiracy.

    Over the course of the investigation, $1 million was seized from corporate bank accounts and other investigative activity. Nearly 3,000 kilograms of cocaine – with a street value of over $90 million – was traced back to the money laundering organization. This includes approximately 1,193 kilograms of cocaine seized at sea 60 miles south of Jamaica in July 2019, as well as 1,555 kilograms of cocaine seized in nine scrap metal shipping containers at the Port of Buenaventura, Colombia in March 2019.

    In or about October 2016, law enforcement began an investigation into a sophisticated money laundering organization located primarily in Barranquilla, Colombia. During an extensive five-year investigation, the organization laundered over $6 million in drug proceeds through intermediary banks in the United States, including banks in Massachusetts, as well as additional proceeds through banks in the Caribbean and Europe by use of the Colombian Black Market Peso Exchange (BMPE). By using the BMPE, the defendants and their co-conspirators sought to conceal drug trafficking activity and proceeds from law enforcement as well as evade currency exchange requirements in the United States and Colombia through the illegal currency exchange process. As part of the conspiracy, members of the organization held roles and responsibilities relative to the needs and opportunities of the scheme, such as drug suppliers, peso brokers, money couriers and business owners/dollar purchasers.

    Through the BMPE, Colombian drug trafficking organizations with drug proceeds generated in the United States use third parties – generally referred to as “peso brokers” that are also based in Colombia – who agree to exchange Colombian pesos they control for the drug supplier’s dollar proceeds. Peso brokers then use money couriers in the United States and elsewhere to physically secure the drug proceeds, often in suitcases or bags on the street, and transfer the proceeds into the United States banking system. To avoid detection, peso brokers deposit the drug proceeds into bank accounts in company or individual names intended to appear as legitimate business activity, or through multiple small deposits into different bank accounts which are then consolidated into larger accounts. As a result, Colombian peso brokers control a pool of drug-derived proceeds in United States bank accounts. These dollar proceeds are then purchased by individuals or companies in Colombia seeking to exchange pesos for United States dollars at a favorable exchange rate and in a manner that avoids currency exchange and income reporting requirements. The dollar drug proceeds are transferred at the direction of the purchaser, and often end up in bank accounts of individuals or companies who appear to have no direct involvement in drug trafficking crimes.

    During the course of the conspiracy, Cover laundered approximately $268,000 and Rowe laundered over $600,000 by delivering bulk cash drug proceeds to undercover law enforcement.

    United States Attorney Leah B. Foley; Stephen Belleau, Acting Special Agent in Charge of the Drug Enforcement Administration, New England Field Division; Thomas Demeo, Acting Special Agent in Charge of the Internal Revenue Service Criminal Investigation, Boston Field Office; Aura Liliana Trujillo Rojas, Delegate for Criminal Finance for the Colombian Attorney General’s Office; Ricardo Sánchez Silvestre, Brigadier General of the Colombian National Police Anti-Narcotics Directorate; Jervis Moore, Chief of the Narcotics Division for the Jamaica Constabulary Force; and Colonel Geoffrey Noble of the Massachusetts State Police made the announcement. The Justice Department’s Office of International Affairs and the Criminal Division’s Narcotic and Dangerous Drug Section’s Office of the Judicial Attaché in Bogotá, Colombia provided significant assistance in securing the arrests and extraditions of Cover, Rowe, and other co-defendants from Colombia and Jamaica. Assistant U.S. Attorneys Jared C. Dolan and Alathea E. Porter of the Criminal Division are prosecuting the case.

    This effort is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    The details contained in the charging documents are allegations. The remaining defendant is presumed to be innocent unless and until proven guilty beyond a reasonable doubt in a court of law.
     

    MIL Security OSI

  • MIL-OSI: DSS, Inc. Reports Strong Q1 2025 Financial Performance, Setting the Stage for Strategic Growth

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) — DSS, Inc. (NYSE American: DSS), a multinational company operating across diverse industries including packaging, real estate, and biomedical innovation, today announced financial results for the first quarter of 2025, highlighting meaningful progress in its financial repositioning and a strong foundation for corporate execution in the coming quarters.

    In a quarter focused on streamlining operations and financial discipline, DSS delivered significant improvements in key financial metrics:

    • 28% Year-Over-Year Revenue Growth: Total revenues rose sharply, fueled by a 30% increase in printed product sales and a nearly doubling of rental income from the company’s real estate segment, which grew from $400,000 to $714,000.
    • Strategic Asset Monetization: The Company completed the sale of its Plano, TX facility, for $9.5 million, contributing to $12.88 million in cash from investing activities during the quarter.
    • Debt Reduction and Capital Discipline: DSS used proceeds from asset sales and investments to pay down over $8 million in total debt, reflecting a clear commitment to balance sheet optimization.
    • Strengthening Shareholder Equity: Through its partner company Impact BioMedical, DSS raised $1.5 million in new equity capital during Q1.
    • Improved Operating Cash Flow: Net cash used in operations improved from $2.15 million in Q1 2024 to $1.64 million in Q1 2025, underscoring early operational efficiencies.

    “These results show clear, measurable progress in the financial realignment strategy we launched earlier this year,” said Jason Grady, CEO of DSS, Inc. “In my January letter to shareholders, I outlined the urgent need to cut inefficiencies, strengthen our balance sheet, and lay the groundwork for sustained growth. This quarter proves that work is paying off. As we continue to streamline operations, we’re now turning our attention toward execution in our core verticals and identifying smart, accretive opportunities that will drive long-term value. The foundation is in place and now we’re building on it.”

    The Company plans to continue to showcase measurable results from initiatives in development, operations, and M&A activity as the year progresses. With a renewed focus on high-potential business units and capital allocation, DSS is positioning itself for a dynamic second half of 2025 and beyond.

    To read the 2025 CEO shareholder letter, visit: investors.dssworld.com

    Forward-looking Statements:

    The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

    About DSS, Inc.:

    DSS, Inc. (NYSE American: DSS) is a multinational company operating businesses across multiple high-growth sectors. DSS focuses on creating, acquiring, and investing in innovative companies that drive sustainable value for its shareholders.

    For investor and media inquiries or additional information, please contact:

    DSS, Inc. Investor Relations
    Email: IR@dssworld.com
    Phone: +1 (585) 565-2422

    The MIL Network

  • MIL-OSI: Wearable Devices Secures U.S. Patent for Continuous Gesture Control, Enabling Fine-Tuned Interaction with Digital Devices

    Source: GlobeNewswire (MIL-OSI)

    The newly allowed patent advances Wearable Devices’ neural gesture technology, unlocking seamless pinch-to-zoom, volume control, and object manipulation in mid-air

    Yokneam Illit, Israel, May 22, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced that the United States Patent and Trademark Office has allowed a continuation of  its patent titled “Gesture and Voice-Controlled Interface Device”.

    Traditional gesture sensing systems continuously track hand and finger movements but lack clear “start” and “end” points, making it difficult for devices to understand when a user truly intends to zoom, adjust volume, or manipulate an object. As a result, unintuitive solutions have been used – such as requiring the use of both hands, adding special buttons, or abandoning continuous control altogether. The same goes for voice assistants, which require a “wake word”, prompting them to wait for further instructions.

    Wearable Devices’ newly allowed patent defines a method to extract precise start and end points from continuous gestures. This breakthrough enables devices to support natural and intuitive control gestures like pinch-to-zoom not just for zooming images, but also for adjusting volume, resizing objects, or moving elements – seamlessly and touch-free.

    The technology is ideally suited for augmented reality (“AR”) headsets, gesture-controlled smart devices, and wearable controllers based on cameras, Inertial Measurement Unit (IMU), or electromyography (EMG) sensors – making mid-air fine control finally accessible and natural.

    “This patent unlocks the full potential of touchless control, allowing users to adjust digital environments as intuitively as they would on a touchscreen – but without ever needing to touch a device,” said Guy Wagner, President and Chief Scientist at Wearable Devices.

    About Wearable Devices

    Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) is a growth company pioneering human-computer interaction through its AI-powered neural input touchless technology. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s consumer products – the Mudra Band and Mudra Link – are defining the neural input category both for wrist-worn devices and for brain-computer interfaces. These products enable touch-free, intuitive control of digital devices using gestures across multiple operating systems.

    Operating through a dual-channel model of direct-to-consumer sales and enterprise licensing and collaborations, Wearable Devices empowers consumers with stylish, functional wearables for enhanced experiences in gaming, productivity, and extended reality (“XR”). In the business sector, the Company provides enterprise partners with advanced input solutions for immersive and interactive environments, from AR/virtual reality (“VR”)/XR to smart environments.

    By setting the standard for neural input in the XR ecosystem, Wearable Devices is shaping the future of seamless, natural user experiences across some of the world’s fastest-growing tech markets. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq Capital Market under the symbols “WLDS” and “WLDSW,” respectively.

    Forward-Looking Statements Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss the benefits and advantages of our products and technology, our aim to make neural input as intuitive and accessible as possible, and the potential of our touchless control technology in enabling devices to support natural and intuitive control gestures and allowing users to adjust digital environments. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2024, filed on March 20, 2025 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations Contact
    Michal Efraty
    IR@wearabledevices.co.il

    The MIL Network

  • MIL-OSI: BNP Paribas Primary New Issues: STAB Notice NO STAB for AVOLTA (Dufry One)

    Source: GlobeNewswire (MIL-OSI)

    [22/05/2025]

    Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

    [AVOLTA (DUFRY ONE)]

    Post-stabilisation Period Announcement

    NO STABILISATION CARRIED OUT

    [Further to the pre-stabilisation period announcement dated [20/05/2025]] BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

    Securities

    Issuer: Avolta (Dufry One)
    Guarantor(s) (if any): N/A
    Aggregate nominal amount: EUR 500,000,000
    Description: May 2032 4.5%
    Offer price: 100

    Stabilisation Manager(s)

    Name(s): BNP Paribas, ING, Santander, Banca Akros, LBBW, UBS, Bank of China, BBVA, Bank of America, CIC, Commerzbank, Credit Agricole, Goldmans, HSBC, IMI, MedioBanca, MUFG, Raiffeisen Bank Intl, Unicredit

    This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

    This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

    The MIL Network

  • MIL-OSI USA: Kamlager-Dove Statement on House Passage of Republicans’ Big Backstabbing Bill

    Source: United States House of Representatives – Congresswoman Sydney Kamlager California (37th District)

    WASHINGTON, DC – Today, Rep. Sydney Kamlager-Dove (CA-37) released the following statement after House passage of the Republican reconciliation bill:

    “House Republicans just sold out their constituents to the highest bidders: Donald Trump and his billionaire boys club. Debated and brought to the House Floor in the dead of night, they passed a monstrosity of a bill that strips millions of Americans of their healthcare, food assistance, housing, and more.

    “Never before has it been clearer that Donald Trump and the Republican Party have completely abandoned seniors and working families. Trump’s reckless tariffs have already inflated the prices of everyday essentials like groceries and clothing. Now, they are gutting the very safety net programs that keep Americans alive—all to fund tax breaks for billionaires like Elon Musk. Meanwhile, Moody’s just downgraded the U.S. credit outlook, which will drive up interest rates, loans, and household debt.

    “The American people are suffering, and Donald Trump is to blame–along with every spineless Republican who refuses to stand up for their constituents. I am urging my Senate colleagues on both sides of the aisle to put the needs of their constituents first and vote against this Big Backstabbing Bill. Millions of lives are at stake.”

    # # #

    MIL OSI USA News

  • MIL-OSI USA: Malliotakis Celebrates House Passage of One Big Beautiful Bill

    Source: United States House of Representatives – Congresswoman Nicole Malliotakis (NY-11)

    Legislation Builds on 2017 Tax Cuts, Delivers Border Security and Energy Independence for American Families

    (WASHINGTON, DC) – Congresswoman Nicole Malliotakis released the following statement after the House passage of the One Big Beautiful Bill calling it “a big win for hardworking taxpayers.”

    “Today marks a historic victory for Staten Islanders, Brooklynites, and families across the nation who have been calling for tax relief. Our legislation builds on the success of President Trump’s 2017 tax cuts by making those tax provisions permanent, while delivering additional tax relief for senior citizens, increasing the SALT and Standard Deductions, and expanding the Child Tax Credit to ensure hardworking Americans keep more of their hard-earned money. 

    We also included key provisions to root out waste, fraud, and abuse in the Medicaid program so tax dollars go to protect our seniors, disabled, and the most vulnerable citizens who rely on it. We also strengthen our national security, fund border barriers and the deportation of criminals, and boost domestic energy production. The Senate must now act without delay as failure to do so would let key provisions of the 2017 Tax Cuts and Jobs Act expire, leading to a $4 trillion tax hike on American families and businesses. It’s time to deliver real results and tax relief and fulfill our commitments to America.”

     

    WATCH MALLIOTAKIS’ REMARKS HERE

     

    Highlights of the House Passed “One, Big, Beautiful Bill”

     

    Increases SALT & Standard Deductions:

    • Quadruples the State and Local Tax (SALT) deduction to $40,000 and raises the Standard Deduction to $16,300 for individuals and $32,600 for married couples building on the 2017 Tax Cuts and Jobs Act, which originally doubled the standard deduction.

    Tax Relief for Seniors:

    • Includes a provision mirroring Malliotakis’ legislation to provide a bonus deduction for seniors on Social Security—$4,000 for individuals earning up to $75,000 and $8,000 for married couples earning up to $150,000.

     

    Tax Relief for Working & Middle Class Families: 

    • Fulfills President Trump’s commitment to eliminate taxes on tips and overtime, stops the return of the Alternative Minimum Tax that crushed middle-income families, makes the 2017 tax cuts permanent, and allows Americans to fully deduct auto loan interest on American-made vehicles.

    • The Big Beautiful Bill also makes adoption tax credits more accessible, expands 529 education savings accounts, supports scholarships and school choice, expands the Child Tax Credit to $2,500, and improves access to child care. Malliotakis’ legislation to extend tax-free employer reimbursement for students and college graduates is also included.

     

    Protecting & Strengthening Medicaid: 

    • Safeguards New York’s most vulnerable Medicaid population by preserving the 50% federal reimbursement match, prevents illegal immigrants from receiving Medicaid benefits, eliminates PBM’s abusive use of spread pricing in Medicaid, and cracks down on fraudsters by targeting waste, fraud, and abuse. 

    Keeps Our Borders Secure: 

    • Provides funding for the detention and deportation of criminal illegal immigrants, hiring of 10,000 new Immigration and Customs Enforcement personnel, enforcement of the Remain in Mexico policy and construction of new border barriers.

     

    Revolutionizes Our National Security: 

    • $12.5 billion to modernize our air traffic control system at Newark Airport and other facilities, funding for the Golden Dome to help protect our homeland, investments in American shipbuilding to strengthen our naval fleet, and upgrades to our military to meet 21st-century threats.

     

    Unleashes American Energy: 

     

    ###

    MIL OSI USA News

  • MIL-OSI USA: Rutherford Statement on Passing the One Big Beautiful Bill

    Source: United States House of Representatives – Congressman John Rutherford (4th District of Florida)

    WASHINGTON, D.C. – On Thursday, U.S. Congressman John H. Rutherford (FL-05) released the following statement on the House passage of the One Big Beautiful Bill:

    The One Big Beautiful Bill will give Americans a much-needed tax break AND refocus our country on delivering for the American people. That’s why I voted YES.

    Contrary to what you are hearing about the One Big Beautiful Bill, it will NOT be a huge deficit bill. In fact, the Congressional Budget Office (CBO) was wrong about the original Tax Cuts and Jobs Act (TCJA) score in 2017. They failed then to account for the tremendous economic growth caused by tax relief for hardworking, middle-class Americans. So, why should we believe them now?

    This bill will NOT cut Medicaid and SNAP benefits – it WILL strengthen these programs for future generations.

    The Big Beautiful Bill WILL:

    • Continue to boost our economy
    • Make President Trump’s tax cuts permanent
    • Focus resources on permanently closing the Southern Border
    • Incentivize Made-In-America cars and manufacturing
    • End taxes on tips and overtime pay
    • Slash taxes on Social Security, offering historic tax relief to seniors
    • Increase the Child Tax Credit
    • Secure more than a trillion dollars in mandatory savings
    • Cap SALT deductions
    • Update air traffic control system to ensure Americans fly safely and efficiently
    • Unleash American energy dominance
    • Cut Green New Deal policies
    • Revolutionize our national security and America’s maritime dominance

    MIL OSI USA News

  • MIL-OSI USA: Pressley’s Statement on House Passage of Cruel Republican Reconciliation Bill

    Source: United States House of Representatives – Congresswoman Ayanna Pressley (MA-07)

    In Early Morning Floor Speech, Pressley Made Final Appeal to Republicans to Reject Bill That Would Make Millions Poorer, Sicker, Hungrier, and More Vulnerable

    Bill Would Rip Away Healthcare and Food Assistance from Millions, Harm Everyone in America to Fund More Tax Breaks for Billionaires Like Elon Musk and Donald Trump

    Floor Speech (YouTube)

    WASHINGTON – Today, Congresswoman Ayanna Pressley (MA-07) issued the following statement on the House’s passage of Republicans’ cruel reconciliation bill, which would gut Medicaid and SNAP, and rip healthcare and food assistance away from millions of people, including in Massachusetts. In an early morning speech on the House floor, Congresswoman Pressley made a direct, final appeal to her Republican colleagues to oppose this cruel and harmful bill.

    “Today, under the cover of night, House Republicans rammed through a cruel, callous, and morally bankrupt bill that would gut Medicaid, slash food assistance, and kick 14 million people off their healthcare—all to shower toy spaceship billionaires like Donald Trump and Elon Musk with hundreds of billions more in tax giveaways. This legislation would make communities in the Massachusetts 7th and across the country poorer, sicker, hungrier, and more vulnerable.

    “This bill would rip food out of the mouths of families already struggling to put meals on the table. It would decimate healthcare in America and worsen our maternal health crisis. It would gut mental health funding under SAMHSA and cut cancer research, putting lives at risk and turning its back on people struggling with addiction, mental health crises, cancer diagnoses, and much, much more. 

    “This bill is a shameful betrayal of our shared humanity. I urge the Senate to stand with the people and reject this heinous legislation. This is a somber day, but this fight is not over.”

    Across Massachusetts, over 955,000 Medicaid enrollees are at risk of losing healthcare coverage under MassHealth, the Commonwealth’s Medicaid program, due to the bill’s work reporting requirements for Medicaid. In the Massachusetts 7th Congressional District, approximately 135,000 enrollees would lose coverage.

    Republicans’ extreme budget plan also threatens the approximately 1,216,000 people in the Commonwealth who depend on SNAP to put food on the table, including 187,000 people in the Massachusetts 7th Congressional District.

    Congresswoman Pressley has been an outspoken critic of this harmful legislation since its inception.

    • Rep. Pressley delivered a floor speech in which she slammed the bill’s proposed Medicaid cuts, which would decimate reproductive healthcare in America and worsen maternal health outcomes.
    • Rep. Pressley co-hosted a press conference with Color of Change to oppose the Republicans’ cruel and harmful budget reconciliation package, which would gut critical programs like Medicaid and SNAP.
    • Rep. Pressley rallied with caregivers, advocates, and fellow lawmakers at a 24-hour vigil to protect Medicaid from Republicans’ cruel budget cuts that would devastate communities across this country.
    • In the House Oversight Committee’s markup of the Republican reconciliation bill, Rep. Pressley demanded Republicans answer to the families who would go hungry by way of this reconciliation bill – and she was met with silence.
    • In the House Financial Services Committee’s markup of the Republican reconciliation bill, Rep. Pressley condemned the bill’s proposed cuts to Medicaid and shared the story of Mary Marinelli, a 70-year-old hospice nurse from a Republican district in Michigan whose family depends on Medicaid to care for their autistic son.
    • In an impassioned speech on the House floor, Rep. Pressley slammed Republicans’ cruel and callous budget resolution that would slash Medicaid and other critical government services to pay for trillions of dollars in tax giveaways for Donald Trump’s billionaire donors.

    ###

    MIL OSI USA News