Source: United States House of Representatives – Representative David Kustoff (TN-08)
WASHINGTON, D.C. — The House of Representatives unanimously passed, H.R. 1155, the Recovery of Stolen Checks Act, introduced by Reps. David Kustoff (R-TN), Nicole Malliotakis (R-NY), and Terri Sewell (D-AL). This bipartisan legislation would give victims of mail theft the option to receive their payment from the Department of Treasury electronically. Click here to watch Congressman Kustoff remarks during debate or read them as prepared below: Thank you, Mr. Speaker. And I do want to thank Chairman Jason Smith (R-MO) for his leadership on this issue and this important piece of legislation, as well as the leadership of Rep. Nicole Malliotakis (R-NY) and Terri Sewell (D-AL). Over the last several years, the number of government checks stolen from the mail has increased dramatically. If I could, I would like to share a few statistics:
Between 2019 and 2022 there was an 87% increase in theft from mailboxes, according to the U.S. Postal Inspection Service.
According to the Financial Crimes Enforcement Network (FinCEN), reports of check fraud doubled from 2021 to 2022.
FinCen’s most recent report on check fraud (published September 2024) found that between February to August 2023, the bureau received 15,417 individual reports about mail theft-related check fraud.
This has been an ongoing problem in my district in West Tennessee, as it has been throughout the country. It is well past time that we get mail theft in the United States under control. That starts with giving federal law enforcement officers the tools and resources they need to detect, investigate, and prosecute the criminals behind these thefts. We also have to ensure that victims of mail theft are taken care of, and that they can access timely relief.
That’s why this bill H.R. 1155, the Recovery of Stolen Checks Act, is so important. Right now, it can take up to four months for the IRS to issue a replacement for a stolen check. That’s a long time. And due to the sheer frequency of mail theft that is happening right now, many taxpayers are having their replacement checks get stolen as well. This is truly unacceptable – and outdated IRS regulations are partially to blame. Frankly, the IRS’s current process makes no sense. It exacerbates check fraud, it creates more bureaucratic hurdles for U.S. taxpayers, and it ultimately makes it more difficult for Americans to access their hard-earned dollars. For many American families, a delay in getting their tax refund has the potential to cause serious financial strain. The Recovery of Stolen Checks Act will give victims of mail theft the option to receive their replacement payment through direct deposit, instead of having to risk mailing another check. This is a simple fix that will help expedite relief to affected taxpayers, keep government checks out of the hands of criminals, and ultimately make our government more efficient. I urge my colleagues to support this bipartisan, commonsense piece of legislation which passed out of the Ways and Means Committee unanimously by a vote of 41 to 0. The Recovery of Stolen Checks Act passed unanimously out of the House Committee on Ways and Means on February 12, 2025. Click here for the full text of the bill.
Source: United States House of Representatives – Representative David Kustoff (TN-08)
WASHINGTON, D.C. — Today, the House of Representatives unanimously passed H.R. 517, the Filing Relief for Natural Disasters Act, that was introduced by Reps. David Kustoff (R-TN) and Judy Chu (D-CA). This bipartisan legislation will provide relief to taxpayers impacted by natural disasters and emergencies.
Click here to watch Congressman Kustoff’s remarks on the floor of the House of Representatives. “When disaster strikes, victims should be focused on rebuilding, recovering, and caring for their loved ones. They should not have to worry about complying with bureaucratic red tape from the IRS,” said Congressman Kustoff. “I am proud to see the House of Representatives pass my bill, the Filing Relief for Natural Disasters Act. This commonsense legislation will make much needed changes to the tax code and ensure communities have the flexibility they need to start the recovery process.”
“A slow Washington bureaucracy should not stand in the way of recovery after a hurricane, tornado, or other natural disaster destroys a community. Victims of such catastrophes should be able to have their tax filing deadlines postponed regardless of whether the federal or state government declares a disaster first. I want to thank Representative Kustoff for putting forward a common-sense idea that helps the people of West Tennessee and all Americans hit by a natural disaster,” said Ways and Means Committee Chairman Jason Smith (R-MO). Background: Currently, the U.S. Department of Treasury has the authority to postpone tax filing deadlines to taxpayers affected by federally-declared disasters. However, this does not extend to state-level emergencies. The Filing Relief for Natural Disasters Act would authorize the Treasury, in consultation with FEMA, to extend relief to impacted taxpayers as soon as the governor of a state declares a disaster or state of emergency. This legislation would also expand the current mandatory extension following a federally-declared disaster declaration from 60 to 120 days.
The Filing Relief for Natural Disasters Act unanimously passed out of the House Committee on Ways and Means on February 26, 2025. Click here to read the full text of the bill.
Today, President Donald J. Trump made clear to the world that the days of economic surrender are over. After being sold out by career politicians for generations, President Trump is enacting fair trade policies that will restore our workforce, rebuild our economy, and finally put America First.
The move drew immediate praise:
Coalition for a Prosperous America Chairman Zach Mottl: “A permanent, universal baseline tariff resets the global trade environment and finally addresses the destructive legacy of decades of misguided free-trade policies. President Trump’s decision to implement a baseline tariff is a game-changing shift that prioritizes American manufacturing, protects working-class jobs, and safeguards our economic security from adversaries like China. This is exactly the type of bold action America needs to restore its industrial leadership. Today’s action will deliver lasting benefits to the U.S. economy and working-class Americans, cementing President Trump’s legacy as one that ushered in a new Golden Age of American industrialization and prosperity.”
National Cattlemen’s Beef Association SVP of Government Affairs Ethan Lane: “For too long, America’s family farmers and ranchers have been mistreated by certain trading partners around the world. President Trump is taking action to address numerous trade barriers that prevent consumers overseas from enjoying high-quality, wholesome American beef. NCBA will continue engaging with the White House to ensure fair treatment for America’s cattle producers around the world and optimize opportunities for exports abroad.”
Steel Manufacturers Association President Philip K. Bell: “President Trump is a champion of the domestic steel industry, and his America First Trade Policy is designed to fight the unfair trade that has harmed American workers and weakened manufacturing in the United States. The recently reinvigorated 232 steel tariffs have already started creating American jobs and bolstering the domestic steel industry. President Trump is working to turn America into a manufacturing powerhouse and the steel tariffs are driving that movement. President Trump’s initial 232 steel tariffs and the historic tax cuts led to investments of nearly $20 billion by steel manufacturers in the United States. Since the revised tariffs took effect, Hyundai Steel announced a $5.8 billion steel mill in Louisiana, demonstrating that the tariffs are working to bring more steel investments and production to the United States. The domestic steel market is stronger when other nations are forced to compete on a level playing field. On a level playing field, American workers can outcompete anyone. We look forward to continuing working with President Trump and his administration to ensure a level playing field for Americans and a robust domestic steel industry that strengthens our national, economic and energy security.”
Alliance for American Manufacturing President Scott Paul: “Today’s trade action prioritizes domestic manufacturers and America’s workers. These hardworking men and women have seen unfair trade cut the ground from beneath their feet for decades. They deserve a fighting chance. Our workers can out-compete anyone in the world, but they need a level playing field to do it. This trade reset is a necessary step in the right direction.”
National Electrical Contractors Association CEO David Long: “President Trump has consistently prioritized policies that put the electrical industry as a priority, and we recognize his commitment to strengthening our nation’s economy. As these new tariffs take effect, we look forward to working with the Administration to ensure that electrical contractors and the entire electrical industry can continue powering America efficiently while navigating potential cost and supply chain challenges.”
Bienvenido Empresarios: “As an organization committed to empowering Hispanic Americans and strengthening our nation’s future, Bienvenido supports policies that build a more resilient American economy, safeguard our communities, and reassert U.S. leadership on the global stage. President Trump’s emphasis on using economic leverage — including tariffs — reflects a broader strategy to counter China, confront the deadly fentanyl crisis, and bring critical industries back home. Now is a time for tough, decisive action when national security and American livelihoods are at stake. Our hope is that these measures lead to stronger enforcement, fairer trade, and long-term prosperity for all Americans.”
America First Policy Institute: “Tariffs worked then—and they’ll work again. Under President Trump, tariffs brought back jobs, lowered inflation, and strengthened national security. It’s not just economic policy—it’s America First in action.”
Speaker Mike Johnson: “President Trump is sending a clear message with Liberation Day: America will not be exploited by unfair trade practices anymore. These tariffs restore fair and reciprocal trade and level the playing field for American workers and innovators. The President understands that FREE trade ONLY works when it’s FAIR!”
Senate Majority Whip John Barrasso: “President Trump is acting boldly to put America first. America needs fair and free trade. We can’t allow other countries to keep abusing our workers and job creators. It’s time we had a level playing field. I applaud President Trump’s 100% commitment to Made in America.”
Sen. Jim Banks: “The decision by President Trump today to impose reciprocal tariffs will be so good for Indiana. … Those are the manufacturing jobs that President Trump is bringing back from overseas.”
Sen. Bill Cassidy: “The president’s trade agenda can pave the way for stronger trade deals, fairer rules, and real results. I am excited to work with President Trump to make it happen. Louisiana’s workers and families deserve nothing less.”
Sen. Roger Marshall: “President Donald Trump is fighting for long-term solutions to put America’s farmers and ranchers first.”
Sen. Ashley Moody: “It’s liberation day in America! Today, @POTUS sent a message to the world that the era of America being taken advantage of is over.”
Sen. Markwayne Mullin: “President Trump is going to charge foreign countries roughly half of what they *already* charge us to do business. Literally who can argue with this?”
Sen. Pete Ricketts: “President Trump is delivering on his campaign promises to level the playing field and stand up for the American people. Reciprocal tariffs will ensure equal treatment for American businesses. @POTUS is working to reshore jobs lost overseas and secure our supply chains. He is working to open new markets for our nation’s agriculture products. He is demonstrating to foreign adversaries like China that we will no longer be taken advantage of.”
Sen. Rick Scott: “The days of the U.S. being taken advantage of by other countries are OVER! Pres. Trump is making it clear that he will ALWAYS put American jobs, manufacturing and our economy first. As Americans, let’s stand with him and support one another by buying products MADE IN AMERICA.”
Sen. Eric Schmitt: “President Trump is bringing America back. We won’t be ripped off by other countries anymore. We’re bringing back manufacturing, unleashing energy production, and paving the way for prosperity.”
Sen. Tommy Tuberville: “For too long, other countries have ripped us off with bad trade deals – resulting in American jobs and manufacturing moving overseas. But change is coming. The Golden Age of America’s economy is here. Happy Liberation Day.”
House Majority Leader Steve Scalise: “The United States and American workers will no longer be ripped off by other countries with unfair trade practices. Thank you President Trump for putting America’s workers and innovators first with reciprocal tariffs that level the playing field and make trade FAIR.”
House Majority Whip Tom Emmer: “For too long, foreign countries have taken advantage of us at the expense of American workers. President @realDonaldTrump says NO MORE.”
House Republican Conference Chairwoman Lisa McClain: “Tariffs work! @POTUS has proven tariffs are an effective tool in achieving economic and strategic objectives. The President’s long-term strategy will pay off.”
Rep. Elise Stefanik: “I strongly support President Trump’s America First economic policies to strengthen American manufacturing and create millions of American jobs. For too long, Americans have suffered under unfair trade practices putting America Last. We will not allow other countries to take advantage of us and we must put America and the American worker first.”
Rep. Jason Smith: “America shouldn’t reward countries that discriminate against American workers and manufacturers. On Liberation Day, President Trump is correcting this and demanding fair treatment for American producers.”
Rep. Mark Alford: “The days of the United States being taken advantage of are OVER. Republicans are putting American workers FIRST.”
Rep. Jodey Arrington: “For too long, our leaders have allowed other nations to rip us off through numerous unfair trade practices resulting in suppressed wages, lost opportunities, and unrealized economic growth. Just as he did in his first term, President Trump is fighting to ensure an even playing field for our manufacturers, farmers, and workers so we can unleash American prosperity and Make America Great Again.”
Rep. Brian Babin: “Trump’s tariffs aren’t starting a trade war—they’re ending one. For decades, other countries ripped off American workers with unfair tariffs and barriers. Now, we’re finally fighting back.”
Rep. Andy Biggs: “Past administrations have allowed the United States to be ripped off by allies and adversaries alike. President Trump said “NO MORE!” The Art of the Deal.”
Rep. Vern Buchanan: “For too long, unfair trade practices devastated America’s manufacturing base and stole millions of blue-collar jobs. It’s time to level the playing field and bring those jobs back. @POTUS is fighting for American workers.”
Rep. Michael Cloud: “America-First means putting the American people first. We will no longer be taken advantage of as a nation and people.”
Rep. Andrew Clyde: “For far too long, the U.S. has been ripped off by countries across the globe with unfair trade practices. Now, we’re finally leveling the playing field. THANK YOU, President Trump, for putting American workers and manufacturing FIRST.”
Rep. Mike Collins: “This is fair. Whether it’s our military or economy, other countries have taken advantage of the U.S. for far too long. That time is over.”
Rep. Chuck Edwards: “Many countries are taking advantage of the United States by imposing tariffs against us while we don’t have reciprocal tariffs against them. @POTUS has used tariffs to produce successful trade deals for us in his first term, and I support his plan to use them again to create a more level playing field and secure fairer trade deals for America. The quicker other countries agree to fairer trade deals, the quicker the tariffs can end.”
Rep. Scott Franklin:“For years the US handcuffed itself and played nice while other countries imposed massive tariffs and took advantage of us. We’re done putting America last. @POTUS is leveling the playing field, ending trade imbalances and prioritizing American workers and manufacturing again!”
Rep. Russell Fry: “HAPPY LIBERATION DAY. Thanks to @POTUS, America is DONE being taken advantage of. A new era has begun.”
Rep. Lance Gooden: “For decades, Washington allowed Texans to be ripped off by foreign countries. Those days are now over. @POTUS is committed to making America wealthy again!”
Rep. Marjorie Taylor Greene: “If you want to do business in America, you need to play by our rules. For too long, American businesses, big and small, have been ripped off by bad trade deals and unfair competition. President Trump is putting a stop to it. He’s standing up for our workers, our companies, and our consumers.”
Rep. Abe Hamadeh: “The America First Republican party is the party of the working class, the forgotten men and women. On this Liberation Day, we further our commitment to them, that we will reshore our manufacturing, restore fair trade, and rebuild the greatest economy in the world.”
Rep. Pat Harrigan:“If you want access to the most powerful economy in the world, treat us fairly. If not, don’t expect a free ride. That’s real leadership and @POTUS is delivering it!”
Rep. Andy Harris: “President Trump’s reciprocal tariffs will put the American worker first and bring fairness back to international trade. America is being respected again.”
Rep. Diana Harshbarger: “President Trump is bringing back the American Dream. Our taxpayers have been ripped off by foreign countries for far too long, but those days are over. President Trump is right to impose these reciprocal tariffs.”
Rep. Clay Higgins: “@POTUS’ trade agenda puts American industry and America first. I support the President’s action to protect our domestic producers.”
Rep. Wesley Hunt: “Today, President Trump empowered the American middle class. His policies on tariffs will bring automotive manufacturing back to America.”
Rep. Nicole Malliotakis: “Since President Trump has been elected, we’ve attracted $5 trillion in private investment, foreign & domestic companies have announced Made in USA manufacturing, countries have reduced tariffs or changed foreign policies. President Trump is sticking up for American workers & farmers, repatriating our supply chain and protecting our national security.”
Rep. Addison McDowell: “My district was hit hard over the years by unfair trade deals. Finally, we have a President who wants to put the American worker FIRST.”
Rep. Mary Miller: “America will no longer be taken advantage of! This is how you put America First.”
Rep. Riley Moore: “For decades, foreign countries have enjoyed free access to the greatest consumer marketplace on the face of the planet, all while still charging our domestic producers hefty duties or imposing significant barriers to access their markets. Today that ends. President Trump is the only president in my lifetime to acknowledge how unfair trade has gutted the heartland and shipped countless jobs overseas. By finally reciprocating in-kind, we’ll force foreign competitors to the negotiating table, lower trade barriers, and ultimately create real free and fair trade across the board. I’m confident this move will boost our domestic manufacturing industry and fuel demand for American products across the globe.”
Rep. Tim Moore: “President Trump is leveling the playing field for American workers and bringing back MADE IN AMERICA!”
Rep. Troy Nehls: “President Trump’s reciprocal tariffs make it clear that our country will not be ripped off anymore. We are bringing back American manufacturing and putting America First.”
Rep. Ralph Norman: “Happy LIBERATION Day … ✅Protect the American worker ✅Strengthen manufacturing ✅Reduce unfair trade practices … Our economy will be competitive again!!”
Rep. Andy Ogles: “He’s resetting the negotiating table. He’s resetting the deck here to say, ‘You know what? For too long, you’ve taken advantage of our free market and you’ve literally leached jobs away from the American people … Let’s have a serious conversation and let’s do something that’s fair and mutually beneficial for both sides.’”
Rep. Guy Reschenthaler: “I fully support President Trump’s critical efforts to right this generational wrong, bring manufacturing jobs home, and rejuvenate American working families. Made in America is back.”
Rep. John Rutherford: “Tariffs help bring American jobs back home, incentivize buying American, AND put pressure on Canada and Mexico to stop the flow of fentanyl and illegal immigrants from their countries into ours. Even the Biden Admin kept or increased tariffs that President Trump imposed during his first presidency. Under Trump, inflation stayed around 2% and our GDP grew to 3%. Smart tariffs are a long-term investment in the American economy that are worth the short-term cost.”
Rep. Greg Steube: “What many fail to realize: Trump’s reciprocal tariffs are a long-overdue response to years of unfair trade policies against America. For decades, America has been ripped off by other countries who have repeatedly slapped tariffs on our goods, blocked our products, and flooded our markets with theirs. The numbers don’t lie–the rest of the world has profited at the expense of American workers and businesses. President Trump is finally putting America First by taking bold, necessary actions that past leaders wouldn’t take.”
Rep. Marlin Stutzman: “If Australia doesn’t want our beef – WE DON’T WANT THEIRS! Thank you @POTUS for opening the door of fair treatment for America’s Cattlemen”
Rep. Tom Tiffany: “Gone are the days of America being taken advantage of by foreign countries. The American worker comes FIRST.”
Rep. William Timmons: “President Trump’s tariffs are a necessary move to protect American workers and rebuild our economy. We are finally breaking free from decades of unfair trade deals that gutted our industries. These tariffs will bring jobs back to our districts, strengthen manufacturing, and ensure our children inherit a country that is not just a consumer, but a producer. Thank you, @POTUS.”
Rep. Beth Van Duyne: “For far too long, the United States has been taken advantage of by our foreign trade partners. The American people re-elected President Trump to bring back truly fair trade with other countries. Reciprocal tariffs are a first step to have a level playing field for American products and to start bringing back manufacturing to our country!”
Rep. Daniel Webster: “President @realDonaldTrump is delivering on his mandate to restore America’s economic strength. For too long, unfair trade deals have hollowed out our factories and shipped American jobs overseas. By standing up to bad actors like China and Venezuela and enforcing fair trade, President Trump is defending American industries and putting American workers first.”
Rep. Tony Wied: “President Trump has made it clear with these reciprocal tariffs that we will no longer allow other countries to take advantage of us. His goal is simple: to bring jobs and manufacturing back to our country and open up foreign markets to American products. If companies want to avoid these tariffs, they will do business in the United States. I applaud the President for taking a stand against years of unfair trade practices and making sure we put American workers and consumers first. It’s time our foreign trading partners finally live up to their end of the bargain.”
Rep. Roger Williams: “For too long, America Last policies have put the U.S. auto industry at a disadvantage. As a car dealer and small business owner, I support @POTUS’ Executive Order to increase competition, boost revenue, and bring back American jobs.”
U.S. Trade Representative Ambassador Jamieson Greer: “Today, President Trump is taking urgent action to protect the national security and economy of the United States. The current lack of trade reciprocity, demonstrated by our chronic trade deficit, has weakened our economic and national security. After only 72 days in office, President Trump has prioritized swift action to bring reciprocity to our trade relations and reduce the trade deficit by leveling the playing field for American workers and manufacturers, reshoring American jobs, expanding our domestic manufacturing base, and ensuring our defense-industrial base is not dependent on foreign adversaries—all leading to stronger economic and national security.”
Secretary of the Treasury Scott Bessent: “President Trump signed the Declaration of Economic Independence for the American people. For decades, the trade status quo has allowed countries to leverage tariffs and unfair trade practices to get ahead at the expense of hardworking Americans. The President’s historic actions will level the playing field for American workers and usher in a new age of economic strength.”
Secretary of Agriculture Brooke Rollins: “FARMERS COME FIRST — @POTUS is leveling the playing field, ensuring American farmers and ranchers can compete globally again!”
Secretary of State Marco Rubio: “Thank you, @POTUS! ‘Made in America’ is not just a tagline — it’s an economic and national security priority.”
Secretary of Homeland Security Kristi Noem: “For too long, America has been targeted by unfair trade practices that made our supply chain dependent on foreign adversaries, eroded our industrial base, and hurt American workers. This has gravely impacted our national security. President Trump’s strong action will help make America safe again. @DHS, primarily through @CBP, is ready to collect these new tariffs and put an end to unfair trade practices. Thank you President @realDonaldTrump for putting America FIRST.”
Secretary of Energy Chris Wright: “President Trump is a businessman; he’s a negotiator. The result of that has been and will continue to be improvements for the American people. We are in the midst of a negotiation, and he is fighting every day to make the cost-of-living conditions better for Americans.”
Secretary of Education Linda McMahon: “At the White House this afternoon, we celebrated Liberation Day — setting our economy on the path of future prosperity for our children. Business owners, workers, and taxpayers have been waiting for strong economic leadership. @POTUS’ actions today prove we are done being taken advantage of in international trade.”
Secretary of the Interior Doug Burgum: “President Trump’s Liberation Day reciprocity plan is commonsense. If you tariff us, we’ll tariff you. This will strengthen our economy and make America wealthy again!”
Secretary of Transportation Sean Duffy: “Today is the day we will liberate ourselves from unfair trade practices and outdated ways of thinking. Tariffs are an important tool in the President’s toolbox to stop foreign countries from ripping us off, protect America’s workers, and restore U.S. manufacturing. I stand with @POTUS as he finally levels the playing field. Happy Liberation Day!”
Secretary of Housing and Urban Development Scott Turner: “For four years, Americans couldn’t afford groceries, let alone a house. This Liberation Day, @POTUS is bringing manufacturing and jobs back. President Trump is making the American Dream achievable again!”
Small Business Administration Administrator Kelly Loeffler: “Small businesses will no longer be crushed by foreign governments and unfair trade deals. Instead, we will put American industry, workers, and strength FIRST. Thank you @POTUS for bringing back Made in America!”
Source: People’s Republic of China – State Council News
Spring is in the air when flowers bloom, tea leaves unfurl, travelers flock to gardens, orchards, and rolling hills to embrace the season’s warmth. From scenic strolls to hands-on harvests, the joy of spring spills into markets and villages, fueling tourism, cultural experiences, and rural revitalization.
The pulse of a flourishing economy in spring is captured through the laughter of visitors, the rustle of blooming flowers, the influx of vehicles with out-of-town plates, and the hustle and bustle of vendors.
Visitors take photos in Zhaoxing Dong Village of Liping County, Qiandongnan Miao and Dong Autonomous Prefecture, southwest China’s Guizhou Province, March 17, 2025. [Photo/Xinhua]Tourists enjoy blooming cole flowers by a sightseeing train in Jiangling scenic spot of Wuyuan County, Shangrao City, east China’s Jiangxi Province, March 23, 2025. [Photo/Xinhua]Tourists picks tea leaves at a scenic spot in Wuyi County of Jinhua City, east China’s Zhejiang Province, March 25, 2025. [Photo/Xinhua]Visitors experience traditional Chinese makeup during a spring-themed fair in Yuyuan Garden Mall in east China’s Shanghai, March 20, 2025. Combining the spring floral scenery, traditional parades, performances and trendy markets, the fair offers visitors an immersive experience of traditional Chinese culture. [Photo/Xinhua]Tourists enjoy leisure time at a coffee manor in Pu’er, southwest China’s Yunnan Province, Jan. 7, 2025. [Photo/Xinhua]Tourists enjoy meals amid blossoming flowers in Quchi Township of Wushan County, southwest China’s Chongqing, March 21, 2025. [Photo/Xinhua]Tourists select cultural and creative products at a market amid blossoming peach blossom in Hongqiao District of Tianjin, north China, March 15, 2025. [Photo/Xinhua]An aerial drone photo taken on March 24, 2025 shows tourists enjoying cole flowers at Qianduo scenic spot in Xinghua, east China’s Jiangsu Province. [Photo/Xinhua]Tourists visit a rapeseed flower field in Chating Town of Wangcheng District, Changsha City, central China’s Hunan Province, March 27, 2025. In recent years, Chating Town has actively promoted the industrialization of rapeseed cultivation by planting over 10,000 mu (about 666.67 hectares) of rapeseed. Meanwhile, the town has organized various cultural and tourism activities featuring rapeseed flowers, with an aim of integrating local agriculture and culture into tourism for rural revitalization. [Photo/Xinhua]Actors perform an eagle dance, a national intangible cultural heritage, in Taxkorgan Tajik Autonomous County, northwest China’s Xinjiang Uygur Autonomous Region, March 22, 2025. Tajik Autonomous County of Taxkorgan in Xinjiang boasts various intangible cultural heritages. Around Spring Equinox, the fourth solar term in the Chinese lunar calendar which falls on March 20 this year, the county has integrated its landscape resources with its traditional ethnic culture to hold intangible cultural heritage performances and cultural and sports activities, as a way to attract visitors and promote its tourism in spring. [Photo/Xinhua]An aerial drone photo taken on March 21, 2025 shows a section of Hainan Coastal Scenic Highway in Qionghai, south China’s Hainan Province. Empowered by Boao Forum for Asia, Qionghai has built an exquisite array of rural clusters and embarked on a road to rural revitalization driven by tourism. [Photo/Xinhua]Tourists visit Shaxi Town in Jianchuan County, southwest China’s Yunnan Province, March 17, 2025. Shaxi, a remote township in Jianchuan County, was once an important trading hub for tea, herbs, silk and salt on the ancient Tea Horse Road, a trade route dating back to the Tang Dynasty (618-907). The ancient temples, old alleys and caravansaries of the ancient town are reminders of past glories and attract tourists from around the world. [Photo/Xinhua]Tourists take a boat on the Ronghu Lake in Guilin, south China’s Guangxi Zhuang Autonomous Region, March 12, 2025. Guilin, renowned for its breathtaking karst landscape, is one of China’s most iconic destinations. Nestled in the Guangxi Zhuang Autonomous Region, Guilin is celebrated for its stunning natural beauty, with limestone peaks and serene rivers that attract visitors from around the world. Its unique topography and vibrant culture make it a cornerstone of Chinese tourism. Guilin’s scenic wonders, including the famous Lijiang River and Elephant Trunk Hill, highlight the city’s cultural significance and status as a must-visit location for nature lovers and travelers alike. [Photo/Xinhua]
Source: United States House of Representatives – Congressman Troy A. Carter Sr. (LA-02)
WASHINGTON, D.C.– Today, Congressman Troy A. Carter, Sr. (D-LA) released the following statement:
“In Louisiana’s Second Congressional District, we know the value of hard work—and we know when we’re being taken for granted. From New Orleans to Baton Rouge, from the River Parishes to the West Bank, families and small businesses will be paying more for everyday goods. And while some call it inflation, let’s be honest: this is the Trump Tax.
“When Donald Trump imposes tariffs, he isn’t taxing foreign governments—he’s taxing us. Prices will go up on goods we rely on: clothing, food, appliances, and construction materials. Our port workers, truck drivers, shipbuilders, and small business owners will all feel the sting of these costs passed down from Washington.
“The Trump Tax will hit our district hard. We are home to major shipping corridors, import/export businesses, manufacturing plants, and a vibrant hospitality industry—all sectors impacted by increased costs under Trump’s tariff policies. When the price of goods goes up, it doesn’t just hurt the consumer—it hurts the economy of the entire district.
“Trump is raising taxes on working people in the 2nd District while giving billionaires and big corporations massive tax breaks. That’s not leadership—that’s a betrayal of the people who keep this country running.
“I will continue to fight for economic justice, to lower costs, and to hold those accountable who are raising taxes on working families while calling it something else. In Louisiana’s Second District, we know a bad deal when we see one. And the Trump Tax is a bad deal for all of us.”
Source: United States Senator for Rhode Island Jack Reed
WASHINGTON, DC – Following news reports by the Washington Post that members of President Donald Trump’s National Security Council, including White House national security adviser Michael Waltz, used personal Gmail accounts while conducting official government business regarding sensitive or exploitable national security issues, U.S. Senator Jack Reed (D-RI), the Ranking Member of the Senate Armed Services Committee, issued the following statement:
“I am very concerned about the Trump Administration’s lack of operational security when it comes to national security matters. There is a clear, troubling pattern and Congress needs to look at it in a serious, bipartisan manner. Mr. Waltz and his team have engaged in questionable data security practices and it could cost our nation dearly. Taxpayers have spent millions, if not billions, to give national security officials 24-7 access to protected networks and technology. There is both the matter of compliance with federal records laws but also a matter of sloppiness that could be exploited by our adversaries. If our allies don’t trust the administration and won’t share sensitive information then that is a real setback for our nation. This administration lacks both discipline and accountability and it shows.”
According to the Washington Post: “A senior Waltz aide used the commercial email service for highly technical conversations with colleagues at other government agencies involving sensitive military positions and powerful weapons systems relating to an ongoing conflict, according to emails reviewed by The Post. While the NSC official used his Gmail account, his interagency colleagues used government-issued accounts, headers from the email correspondence show.
“Waltz has had less sensitive, but potentially exploitable information sent to his Gmail, such as his schedule and other work documents, said officials, who, like others, spoke on the condition of anonymity to describe what they viewed as problematic handling of information. The officials said Waltz would sometimes copy and paste from his schedule into Signal to coordinate meetings and discussions.”
Source: United States House of Representatives – Representative Mike Kelly (R-PA)
WASHINGTON, D.C. — Today, U.S. Rep. Mike Kelly (R-PA), Chairman of the Ways & Means Subcommittee on Tax, joined President Donald J. Trump and other lawmakers at the White House where the President unveiled new tariffs and economic policies to level the playing field and make American businesses more competitive on the global stage.
The event, titled “Make America Wealthy Again,” was held in the Rose Garden to commemorate what President Trump has designated as “Liberation Day.”
“President Trump has made it clear: the America First agenda is focused on creating American jobs and strengthening national security. This is critically important to ensure not only free trade with other nations, but fair trade in this global economy,” said Rep. Kelly.
On Tuesday, Rep. Kelly, a co-chair of the House Automotive Caucus, joined NewsNation to discuss the importance of auto tariffs, the President’s goal to make more automobiles in the United States, and to rejuvenate the American auto industry.
BACKGROUND
The success of tariffs
A 2024 study on the effects of President Trump’s tariffs in his first term found that they “strengthened the U.S. economy” and “led to significant reshoring” in industries like manufacturing and steel production.
A 2023 report by the U.S. International Trade Commission — which analyzed the effects of President Trump’s Section 232 and 301 tariffs on more than $300 billion of U.S. imports — found the tariffs reduced imports from China, effectively stimulated more U.S. production of the affected goods, and had very minor effects on downstream prices.
According to the Economic Policy Institute, the tariffs implemented by President Trump during his first term “clearly show[ed] no correlation with inflation” and had only a fleeting effect on overall prices. — Economic Policy Institute: “Following implementation of Sec. 232 measures in 2018—and prior to the global downturn in 2020—U.S. steel output, employment, capital investment, and financial performance all improved. In particular, U.S. steel producers announced plans to invest more than $15.7 billion in new or upgraded steel facilities, creating at least 3,200 direct new jobs, many of which are now poised to come online.”
Prior to President Trump’s announcement on Wednesday, Israel and Vietnam are among the countries that have dropped their tariffs on the United States.
Source: United States House of Representatives – Representative Richard Hudson (NC-08)
WASHINGTON, D.C. – Congressmen Richard Hudson (R-NC) and Darrell Issa (R-CA), alongside Senator Jim Risch (R-ID), introduced the Freedom from Unfair Gun Taxes Actto prohibit states from implementing excise taxes on firearms and ammunition to fund gun control programs.
“Gun grabbing liberals will stop at nothing to undermine the Second Amendment,” said Congressman Hudson. “Their latest scheme is an unconstitutional tax that seeks to price you out of your right to keep and bear arms, and this legislation will put a stop to it.”
“For too many years, extreme state policies — including from my home state — have targeted our fundamental Second Amendment rights and the American citizens who exercise them,”said Congressman Issa.“The latest attack is California’s imposition of a ‘sin tax’ on firearms and ammunition. This outrageous and unfair burden on law-abiding citizens is why Sen. Risch, Rep. Hudson, and I are working to stop this and other attempts to penalize our people and put the price of self-defense out of reach of any American.”
“Blue states that implement an excessive excise tax to fund gun control initiatives are exploiting the Second Amendment,” said Senator Risch. “The Freedom from Unfair Gun Taxes Act ensures states do not place a significant financial burden on law-abiding gun owners to advance their anti-Second Amendment agenda.”
As of July 1, 2024, California implemented a new 10-11% excise tax on firearms and ammunition to discourage the purchase of firearms and fund gun control programs. These added fees now double the tax on gun and ammunition purchases. Colorado, Vermont, New York, Massachusetts, Washington, and New York have proposed similar taxes.
Hudson, Issa, and Risch are joined by U.S. Senators Mike Crapo (R-ID), Marsha Blackburn (R-TN), Bill Cassidy (R-LA), Kevin Cramer (R-ND), Steve Daines (R-MT), Deb Fischer (R-NE), Lindsey Graham (R-SC), John Hoeven (R-ND), Cindy Hyde-Smith (R-MS), Jim Justice (R-WV), James Lankford (R-OK), Pete Ricketts (R-NE), and Representative Doug LaMalfa (R-CA) in introducing the legislation.
TheFreedom from Unfair Gun Taxes Acthas received support from the Congressional Sportsmen’s Foundation, National Shooting Sports Foundation (NSSF), and the National Rifle Association (NRA).
Source: The Conversation (Au and NZ) – By Felicity Deane, Professor of Trade Law, Taxation and Climate Change, Queensland University of Technology
US President Donald Trump has imposed a range of tariffs on all products entering the US market, with Australian exports set to face a 10% tariff, effective April 5.
These import taxes will be charged by US customs on each imported item. The punitive tariffs on 60 countries range as high as 34% on imports from China and 46% on Vietnam, and exceed the rates agreed between the United States and other global trade partners.
“For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike,” Trump said.
The impact on Australian industries will be both direct and indirect. The largest Australian export to the US is meat products, totalling A$4 billion in 2024, and our farmers may divert some product to other nations.
Direct and indirect impacts
The larger economic risk is to our regional trading partners.
While Australia faces only 10% tariffs, our major trading partners China, Japan and South Korea all face much higher US tariffs under the new regime. So the risk of a manufacturing slowdown in those countries could dampen demand for Australia’s much larger exports – iron ore, coal and gas.
Australian investors reacted swiftly, wiping 2.1% off the main stock market index, the S&P/ASX 200, in the first hour of trade.
Another problem will be the disruption to global supply chains. It is not just finished products impacted. For instance, the 25% automobile tariff will be extended to auto parts on May 3. This means even if a car is entirely built in the US, it will still be more expensive because many components are imported.
On April 1, the US released an annual trade report that identifies what it describes as “foreign trade barriers”. There was a long list of grievances with both tariff and non-tariff barriers identified.
The report identified Australia’s biosecurity restrictions on meat, apples and pears. The Australian biosecurity rules do not directly ban any products, although in practice raw beef products are excluded.
Trump singled out Australian beef in his speech. “They won’t take any of our beef,” he claimed.
In a speech riddled with inaccuracies and falsehoods, this was one of them. Australia take shelf-stable US products, but not raw products for which consumer safety can not be assured.
The US cited two other main Australian trade barriers. US drug companies have criticised the Pharmaceutical Benefits Scheme approvals processes. The Albanese government’s plan to strengthen the News Media Bargaining Code that requires tech companies to pay for news published on their platforms was also targeted.
How can Australia respond?
Both Prime Minister Anthony Albanese and Opposition Leader Peter Dutton are in agreement over what we should do in response. They say Australian law and policy is not up for sale. We don’t negotiate on biosecurity, we don’t negotiate on the Pharmaceutical Benefits Scheme process, and our local news media deserves protection from Big Tech.
1. All avenues start with negotiations
The preferred option is for a negotiation with the US to secure an exemption.
However, the US has sidelined the WTO in recent years and Albanese has ruled out this route.
2. Consultation
The second potential action is to initiate consultations under the Australia–US Free Trade Agreement. There is a formal process identified in the agreement to which Albanese referred, with a threat of “dispute resolution mechanisms”.
Albanese has ruled out imposing “reciprocal tariffs” on US imports, noting this would only push up prices for Australian consumers.
3. Find new markets
Third, we can find other markets. Australian agricultural products are some of the most desirable in the world. Australian producers will have other options. Indeed, the latest data for beef exports showed exports to China jumped 43% from January, to Japan up 27%, and to South Korea up 60% from the previous month.
What has the government said?
Albanese announced a response package, including $50 million to help pursue new markets. He said the tariff announcement was “not the act of a friend” and had “no basis in logic”:
It is the American people who will pay the biggest price for these unjustified tariffs. This is why our government will not be seeking to impose reciprocal tariffs.
Albanese’s response contains only one direct trade measure. That is the plan to strengthen anti-dumping provisions on steel, aluminium and other manufacturing. This means countries looking to sell their products too cheaply in Australia will face countervailing duties. It is a measure that aligns with trade rules.
The decision by the US to impose tariffs in this way shows complete disregard for the world trade order established after World War II.
The rules that have existed since this time aimed to limit trade barriers (such as tariffs). They also recognised the importance of supporting developing countries to be part of the world economy.
Some of the biggest US tariffs are to hit some of the lowest-income countries. This will impact their economies badly and disadvantage people already living in poverty.
Felicity Deane does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: United States Senator for Minnesota Amy Klobuchar
WASHINGTON—On the Senate Floor, U.S. Senator Amy Klobuchar (D-MN) called for support of her bipartisan legislation with Senators Tim Kaine (D-VA) and Mark Warner (D-VA) to undo President Trump’s across-the-board tariffs on Canadian imports. The administration is imposing a 10 percent tariff on energy from Canada and a 25 percent tariff on other goods — a move that amounts to a tax hike on American consumers and businesses. Canada is Minnesota’s top trading partner.
“This resolution is about drawing a line in the sand and saying you cannot abuse your emergency powers to start an unjustified trade war,”said Klobuchar.“You cannot abuse your emergency powers to hurt one of the finest relationships in the world, the relationship between America and Canada, and you cannot drive up prices, eliminate jobs, and put in place a national sales tax.”
Along with Klobuchar, Kaine, and Warner, the legislation is cosponsored by Senators Chris Van Hollen (D-MD), Angus King (I-ME), Sheldon Whitehouse (D-RI), Chris Coons (D-DE), and Rand Paul (R-KY).
Specifically, the senators’ legislation would work by terminating the President’s February 1 declaration that President Trump used to launch his trade war with Canada, and thus eliminate the tariffs on Canadian imports as a result. The declaration invoked the International Economic Emergency Powers Act (IEEPA), an unprecedented use of that law in its nearly 50-year history to justify across-the-board tariffs on a longstanding U.S. ally.
A rough transcript of Klobuchar’s remarks is available below. Download videoHERE.
Senator Klobuchar:Madam President, I rise today in strong support of the bipartisan resolution led by my colleague who is here today, Senator Tim Kaine, which I co-lead with him and Senator Warner to restore stability to our trade with one of our greatest allies, greatest friends, and that is the country of Canada.
This resolution does one thing, and it does it clearly. It terminates the President’s declaration related to the Canadian border that he is using as an excuse to impose across-the-board tariffs, which are, in fact, taxes on Canadian imports under theInternational Emergency Economic Powers Act.
Passing this resolution just became even more urgent because of the President’s announcement of even more across-the-board tariffs this afternoon, including a minimum 10% tax on all imports and even higher tariffs on certain countries, including our friends and allies.
This is a country that has thrived on the fact, and our economy has grown because we do business with the world. And already with the President’s announcement, which he calls Liberation Day, I call it a National Sales Tax Day, because the estimates are that these tariffs will result in about $5,000 in taxes, that’s right, on the average family in America every single year.
What has happened? Well, the stock market is closed, but the futures are tanking. They are tanking, and that is because people get that this is not going to work for our American economy. They don’t want a national sales tax. People involved in the economy of this country, everyone from small business owners on and they’re going to be the first hit by this, because they do not actually have the wherewithal and the big conglomeration to try to deal with it.
Small farmers in my state that are already dealing with retaliatory tariffs, that are already dealing with the fact that Canadians who used to buy their stuff don’t want to buy it anymore, or other countries aren’t buying their stuff. And what happens then, the Canadians look for other markets, and there’s other countries, other manufacturers, other farmers, and other nations that say “we are more than happy to fill your contract, sir. We are more than happy to help you out with that aluminum, Mam.” Because of these tariffs.
…
This resolution is about drawing a line in the sand and saying you cannot abuse your emergency powers to start an unjustified trade war. You cannot abuse your emergency powers to hurt one of the finest relationships in the world, the relationship between America and Canada, and you cannot drive up prices, eliminate jobs, and put in place a national sales tax.
Canada is not just our neighbor with my state, it’s our number one trading partner. In fact, we do so much business with Canada that it is more than the total of our number two, number three, and number four, largest markets combined. We are the fourth biggest ag exporter, the state of Minnesota, in the country. So, we know a little bit about how this works.
In 2023 alone, our state exported 7 billion in goods to Canada, including ag products, machinery, and medical devices. That’s a major hit for the retaliatory tariffs that we’re going to see.
The damage could extend to every sector of our economy. I just mentioned tourism. So I chair the Canadian American Interparliamentary Group. I go to Canada a lot. I know our partners over there. I know the people in the Conservative Party, the Liberal Party, all of them. And the one thing that has united us to a T is this friendship, that has far transcended this President.
I remember it was the Canadian Embassy in one of the worst of times for our country, that had banners draped in the front of their embassy that said, “friends, neighbors, partners, allies.” Those banners aren’t hanging there right now, and they’re not going to put them up any time soon.
It was the Canadians that were the first to arrive after 9/11 to volunteer, to help out our country in its greatest moment of need. They fought alongside us in two World Wars. This is a long-standing friendship and an incredible trade relationship based on mutual respect and trust, and yes, two strong economies.
Because these new tariffs are already causing harm, as I noted, they amount to a national sales tax.
Since the administration began to propose and implement or pause but hang over people’s heads, wide-ranging tariff, wholesale prices have gone up on everything from meat and coffee to natural gas and lumber.
Homeowners Association, Home Builders Association, Retail Association, how many business groups? Are the Republicans not listening to them anymore? And add to that, the Steelworkers. Do they not care about that? They’re opposed to that, and they support this resolution that Senator Kaine, and Warner, and I have come together to introduce.
With these tariffs across the world, we’re going to see a $20,000 increase to the price of a home and a $3,000 increase to an American-made car. This might not mean much to Elon Musk and the billionaires in Trump’s cabinet, but it means a lot to the people in my state.
Tariffs can be an important tool. Sure, you can have targeted tariffs. That’s not what this is. These tariffs on Canada are an abuse of the emergency powers, and if they want to negotiate this, put it in the upcoming negotiations of the USMCA, the United States, Mexico, Canada, Trade Agreement that I supported, that President Trump negotiated in his last administration. Why wouldn’t he do it there? Why, instead, is he doing his usual shock and awe, jarring the economy? This is going to be a blanket permission slip for tariff wars.
And I will note again, thank Senator Kaine, our bipartisan group of supporters, and the United Steelworkers, International Association of Machinists, North American Building Trades Union, AFL-CIO, Chamber of Commerce, National Taxpayers Union, and the National Retail Federation have all endorsed this resolution. Maybe we don’t care about all those businesses and all those workers, but maybe we should listen to them.
This resolution is about restoring common sense and responsible governance. It is about Congress reasserting its constitutional role on trade, and it’s about standing up for American workers, businesses, and consumers who are being asked to pay the price of this trade war.
Let’s change course, before the damage becomes even more permanent. I urge my colleagues to support this resolution.
Source: United States House of Representatives – Congressman Hakeem Jeffries (8th District of New York)
Washington, DC – Today, Democratic Leader Hakeem Jeffries spoke at a rally where he emphasized that while Republicans are focused on giving tax cuts to their billionaire donors and Elon Musk, Democrats are going to continue to defend Medicare, Medicaid and Social Security and stand up for everyday Americans.
LEADER JEFFRIES: Are you ready to put families over billionaires? Are you ready to stop the GOP Tax Scam dead in its tracks? Is SEIU in the house right now? What an honor and a privilege to be here with all of you as we stand in the midst of this righteous fight, just a few steps away from the Capitol where I work, a Capitol, of course, that has turned into a hostile work environment. Because half the people want to bury their heads in the sand. Act like they don’t know what their responsibilities are. They believe, some of these sycophants, they believe that they work for Donald Trump. Congress doesn’t work for Donald Trump, we work for the American people, and all of you.
And so we got a very different vision about what we need to do at this moment. We want to move the country forward, they want to turn back the clock. We’re fighting hard to bring people together, they want to tear us apart. We believe in an economy that works for everyday Americans. They want an economy of the billionaires, by the billionaires and for the billionaires. That’s what the GOP Tax Scam is all about. That’s why we’re going to stop the GOP Tax Scam dead in its tracks and put families over billionaires. We’ve got a vision of America, we believe that in this country, when you work hard and play by the rules, you should be able to live a comfortable life, provide for your families, educate your children, purchase a home, have access to high-quality health care, go on vacation every now and then and one day retire with grace and dignity, that’s the American dream, and we’re gonna fight hard to make sure we bring that dream to life for every single person in this country, and put families over billionaires.
Nobody told us that the road would be easy. And so we know we have trouble all around us. Trouble in the White House. Trouble with the Congress. Trouble the cabinet. And by the way, Pete Hegseth needs to resign or be fired immediately. Trouble in the cabinet and trouble with Elon Musk. Can I park right there for a moment? Elon Musk is unelected, unaccountable, unhinged, unpopular and un-American with his out-of-control behavior. And so he wants to, and the extreme MAGA Republicans, they want to take a chainsaw to Social Security, a chainsaw to Medicare, a chainsaw to Medicaid, a chainsaw to public schools, a chainsaw to veterans’ benefits, a chainsaw to the American way of life. But here’s the thing, we’ve got to show up, we got to stand up, we’ve got to speak up and when we do, we’re going to take a chainsaw to Project 2025. Families over billionaires.
Let me end with this observation. Earlier this month, several of us, many in this crowd, many Members of Congress had an opportunity to visit Selma for the 60th anniversary of Bloody Sunday. I also had the chance to stop by Montgomery, which was the start of the Civil Rights Movement. And when I was there, we thought about the courage and the conviction and the character of those civil rights heroes and foot soldiers. They had trouble all around them. The odds were stacked against them. But they knew that their cause was a righteous one and they were able to prevail. And that’s exactly what we’ve got to do right now because our cause, the cause of putting families over billionaires is a righteous one in the United States of America. And so when the Civil Rights Movement started early in 1956, shortly after the Montgomery Bus Boycott had started in December of the previous year, Dr. King was gathered at a church with thousands of people shortly after he had been arrested. They tried to intimidate them and bully them and stop the movement in its tracks. And Dr. King said to a gathering of folks that they’ve got to press on and keep pressing. And Dr. King said that if you can’t fly, run. If you can run, walk. If you walk, crawl. But at all times, press on, and keep pressing.
And here’s the thing, they want to intimidate us. They want to bully us. They want to threaten us. They’re trying to stop us. But our cause is a righteous one, and we’ve got to press on and keep pressing. Press on for our children, press on for our seniors, press on for our veterans, press on for our unions, press on for our Dreamers, press on for working families, press on for the middle class, press on for poor, press on for sick, press on for the afflicted, press on for least, press on for lost, press on for left behind, press on for voting rights, press on for civil rights, press on for economic justice, press on for social justice, press on racial justice, press on for families, press on for freedom, press on for our future, press on for democracy. We’re going to press on until victory is won. Families over billionaires.
Source: United States Senator for New Hampshire Jeanne Shaheen
(Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH) released the following statement in response to President Trump imposing 10 percent tariffs on all imported goods, with far higher taxes on many more countries:
“President Trump’s extreme, sweeping tariffs amount to a national sales tax—which may be the largest tax increase during peacetime in U.S. history—that will indeed punish Granite State families, consumers and small businesses the most. Instead of focusing on how to lower costs for families who are struggling to make ends meet, the President is insistent on starting an unnecessary trade war.
“Make no mistake: hardworking Americans—not foreign nations—will be forced to pick up the tab. And in the President’s own words, he ‘couldn’t care less’ if prices go up.
“If the impact here at home wasn’t enough, the President’s reckless tariffs will harm our global standing – weakening our national security and fueling China’s growth. To punish families with higher prices while driving our trading partners towards one of our top adversaries is simply putting America Last.
“Families will foot the bill so that the administration can pay for tax cuts for billionaires. The President must immediately reverse course before he isolates America further and runs our economy into the ground.”
Economists and business leaders alike have said broad tariffs could stoke further inflation, worsen the risk of a recession and raise prices on consumers.
In recent weeks, Senator Shaheen has traveled across the Granite State to hear from multiple small business owners—including C&J, DCI Furniture, Mount Cabot Maple and American Calan Inc.—about how President Trump’s threat of sweeping tariffs has already harmed their ability to maintain current operations, let alone grow and compete.
Last month, Shaheen invited Rebecca Hamilton, the co-owner and co-CEO of Badger in Gilsum, New Hampshire, to be her guest for President Trump’s Joint Address to Congress. Badger is one of many New Hampshire small businesses that will be badly hit by today’s tariffs. A day prior, Shaheen took to the Senate floor to call for unanimous consent to pass her legislation—the Protecting Americans from Tax Hikes on Imported Goods Act. If Republicans had not blocked passage, Shaheen’s bill would have shielded American consumers and businesses from rising prices and higher taxes caused by President Trump’s tariffs on Canada and Mexico.
CALGARY, Alberta, April 02, 2025 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial process heat, today announced its financial and operating results for the year ended December 31, 2024 (all figures are in Canadian dollars unless otherwise noted). Acceleware’s results reflect contributions from the Company’s two business units, radio frequency (“RF”) heating for industrial applications using the Company’s proprietary Clean Tech Inverter (“CTI”) including enhanced oil recovery (“RF XL”), and scientific high-performance computing (“HPC”). This news release should be read in conjunction with the Company’s audited financial statements and the accompanying notes for the year ended December 31, 2024 and management’s discussion and analysis (“MDA”) with respect thereto, all of which are available on Acceleware’s website at www.acceleware.com or on www.sedarplus.ca.
HIGHLIGHTS
Financial highlights for the three and twelve months ended December 31, 2024:
Three Months Ended
Twelve Months Ended
Dec 31, 2024
Dec 31, 2023
Dec 31, 2024
Dec 31, 2023
Revenue
$
1,918,077
43,590
5,233,033
279,011
Comprehensive income/ (loss)
851,242
617,748
2,001,685
(2,045,373
)
Gross R&D expenditures
581,071
684,437
2,872,982
2,872,982
Government assistance
–
2,064,434
1,227,929
2,618,242
Acceleware is piloting RF XL at its commercial-scale RF XL pilot project at Marwayne, Alberta (the “RF XL Pilot”). During 2024, the RF XL Pilot was shut down awaiting redeployment of upgraded subsurface components designed to address limitations encountered in the first phase of heating. Please refer to the RF XL PILOT UPDATE section below for more information, and to the MDA for a complete RF XL Pilot update.
Based on results to date, Acceleware remains confident that RF XL will become viable as a differentiated technology in the effort to reduce production costs and decarbonize heavy oil and oil sands production. In 2024, the Company’s operations team continued data analysis, “history-matching” simulations and other analyses of operational data from tests in 2022. The analysis provides evidence that the operation of the RF XL Pilot resulted in sustained heating of the formation around the heating well prior to the pause in operations for maintenance and inspection. In particular, the Company successfully injected RF power into the heating well for over 200 days — a significant milestone and something that has never been achieved before. Also of note is that the CTI successfully operated for seven consecutive months at a variety of power levels and operating conditions during this time.
In the year ended December 31, 2024, the Company worked closely with industry partners to refine the next iteration of the RF XL subsurface system to address technical issues that were illuminated during the first phase of heating at the RF XL Pilot. This redesign work is now complete and ready for manufacturing and deployment. During 2024 the Company confirmed that the expected cost to redeploy the upgraded design at Marwayne would be approximately $5 million including contingency. In December 2024, the Company announced that it had secured a total of up to $1.3 million in non-dilutive funding from the Clean Resource Innovation Network (“CRIN”) for the next phase of the RF XL Pilot, contingent on the Company sourcing the remaining $3.7 million. To this end, the Company also secured an RF XL consulting contract from an oil and gas operator (whose identity remains confidential), the net proceeds of which will be applied to RF XL development. The Company has identified several additional industry and government potential funders and is in discussions with them. The purpose of the next phase of the RF XL Pilot is to enable higher power to be distributed in the reservoir for a sustained period, resulting in higher reservoir temperatures and oil production, to advance the potential commercial viability of RF XL technology.
In addition to development work, and with results gained from RF XL deployment in Marwayne to date, Management has also initiated a strategic review of the commercialization plan for RF XL. The process involved analyzing various heavy oil and bitumen reservoirs in western Canada, considering RF XL test results and analyses conducted to date, with the goal of determining the optimal resources for the demonstration of commercial viability of RF XL. These reservoirs included not only the vast McMurray oil sands, but also heavy oil plays including the Clearwater in north-central Alberta, the Bluesky in west-central Alberta, and the Mannville Stack in eastern Alberta and western Saskatchewan. The review process has led Management to conclude that heavy oil plays offer the greatest near-term potential for commercializing RF XL, due to lower initial capital cost per well, ability to scale from one-to-many heating wells, lower operating cost to effectively decrease viscosity, and the potential for significant incremental production and ultimate recovery to make uneconomic resources economic. Once proven in heavy oil, Management believes the oil sands will offer significant market expansion potential.
In Q1 2025, Acceleware’s board of directors approved a Management proposal to investigate (in parallel with continued effort to progress a second phase of heating at Marwayne) the opportunity for Acceleware, as an operator, to acquire a suitable heavy oil property, and thereafter apply RF XL as a secondary recovery method to improve the property’s production, cashflow, ultimate recovery and asset valuation. Should this investigation ultimately lead to a decision to “green light” an undertaking of this nature based on its economic merits, Acceleware would benefit from the valuation enhancement brought about by RF XL. Management has commenced its investigation as of the date of this news release.
Beyond enhanced recovery of heavy oil, Acceleware believes EM Powered Heat and the CTI can economically decarbonize many industrial heating verticals through electrification. Immediate application of electrification in industrial heating is critical in the clean energy transition. Acceleware has established initiatives, and is in discussions to pursue other initiatives, to develop CTI powered prototypes for applications in industries such as mining and mineral processing, concrete, carbon capture, agri-food drying, hydrogen and other clean fuels production.
Acceleware continues to work toward securing a contract to complete Phase 3 of a potash ore drying project from the International Minerals Innovation Institute (“IMII”). The findings of Phase 2 were presented to IMII in July 2024, and the Company continues to conduct paid testing with the system. Phase 3 of the project would include the design, construction and testing of a larger shop-scale demonstration dryer. IMII, a non-profit organization jointly funded by industry and government, is committed to developing and implementing innovative education, training, research and development partnerships to support a world-class minerals industry. IMII’s minerals industry members include BHP, Cameco Corporation, Fission Uranium Corp., The Mosaic Company and Nutrien Ltd.
The Company has 28 patents granted or allowed to protect various proprietary technologies and 32 patent applications pending or under development. The Company uses an integrated strategy for IP protection involving a combination of patenting and trade secrets, working closely with the patent offices and intellectual property advisors.
RF XL PILOT UPDATE
Consistent with the last update, Acceleware plans to continue a second phase of heating after completing a proposed significant subsurface design upgrade to address the moisture ingress issue. Prior to the next phase of heating, all RF XL subsurface components will be removed, refurbished, or upgraded, and then redeployed. This plan was developed in consultation with industry partners and service providers and among the alternatives examined, it is expected to have the highest probability of achieving higher power injected into the reservoir for a sustained period. During 2024 the engineering team worked to solidify plans and estimate costs. An estimated additional $5 million of funding is required to complete the redeployment including contingency, and Acceleware is actively working to raise these funds. Acceleware has secured $1.3 million partial funding for the redeployment conditional on securing the balance of the funds from industry partners or other sources. The final timing and cost of the redeployment and subsequent heating is uncertain and remains primarily dependent on financing, partner investment, the time required to source the remaining financing, and the successful deployment of repairs and components. Planned upgrades have been specifically designed to eliminate the moisture ingress issue. In addition, measures will be taken to add resilience to the system to ensure long-term operation if moisture does return. Upgrades will also be made to enhance the performance of the CTI function, including providing more accurate monitoring of broadband voltage, current and power.
Total direct funding received for the first phase of the RF XL Pilot was $24.4 million and included $5.9 million from Alberta Innovates, $5.5 million from Sustainable Development Technology Canada (“SDTC”), $5.0 million from Emissions Reduction Alberta (“ERA”), $3.0 million from CRIN and $5.0 million in aggregate from three oil sands operators. See discussion below in Financial Summary. In exchange for funding, the oil sands operators received exclusive access to detailed technical data and test results, prioritized rights to host a subsequent test, preferred pricing on pre-commercial products and preferred access to RF XL products. These major oil sands producers represent well over one million barrels of oil sands and heavy oil production per day.
QUARTER IN REVIEW
Revenue of $1.9 million was recorded in the three months ended December 31, 2024 (“Q4 2024”) compared to $44 thousand in the three months ended December 31, 2023 (“Q4 2023”) and $3.3 million in the previous quarter ended September 30, 2024 (“Q3 2024”). Revenue in Q4 2024 included $1.9 million related to the RF XL Pilot. Deferred revenue related to a contract with one oil sands producer was recognized when all deliverables were provided.
Total comprehensive income for Q4 2024 was $0.9 million compared to a comprehensive income of $0.8 million for Q4 2023 and comprehensive income of $1.2 million for Q3 2024. Comprehensive income in Q4 2024 and Q3 2024 was higher due to revenue related to the RF XL Pilot, while positive comprehensive income in Q4 2023 was due to higher government assistance for R&D. Finance expenses in Q4 2024 and Q4 2023 include interest expense on notes payable which are funding the Company’s working capital. Comprehensive income in all periods was impacted by changes in value of the derivative financial instruments embedded within the convertible debenture. The changes in derivative value are driven primarily by the fluctuation in the Company’s share price.
Gross R&D expenses incurred in Q4 2024 were $0.6 million compared to $0.7 million in Q4 2023 and $0.5 million in Q3 2024. R&D spending in Q4 2024 was principally related to the IMII dryer for potash ore and included lab engineering, designing and testing, data analysis, and partner consultations. R&D spending in Q4 2023 was related to the RF XL Pilot. There was $nil government assistance received in Q4 2024 and $2.1 million in Q4 2023 and $0.7 million in Q3 2024. The Company received the final CRIN payment of $0.3 million in Q3 2024 and the final ERA holdback payment of $0.2 million. The Government of Alberta’s Innovation Employment Grant (“IEG”) to support research and development was effective January 1, 2021 and provides a grant of up to 20% of eligible R&D expenses incurred in Alberta. This new grant effectively replaced Alberta’s 10% scientific research and experimental development refundable tax credit that was eliminated as at December 31, 2019. The Company met the eligibility criteria, claimed eligible R&D expenditures and received $0.3 million in Q3 2024 related to 2023 eligible expenditures, received $0.1 million in the three months ended September 30, 2023 related to 2022 eligible expenditures, and $0.4 million in the three months ended March 31, 2023 related to 2021 eligible expenditures. Government assistance is recorded as a reduction of R&D expenses.
G&A expenses incurred in Q4 2024 were $315 thousand compared to $579 thousand in Q4 2023 and $446 thousand in Q3 2024. There were lower non-cash payroll related costs incurred in Q4 2024 due to the timing of option grants and lower salaries as the Company continues to prioritize cost control given uncertain economic conditions.
YEAR IN REVIEW
Revenue of $5.2 million was recorded for the year ended December 31, 2024 compared to $279 thousand for the year ended December 31, 2023. Revenue for the year ended December 31, 2024 included $4.75 million services revenue related to the RF XL Pilot and $322 thousand in services revenue related to the potash drying project. Revenue was recognized for the RF XL Pilot as all milestones were completed under Project Funding Agreements for two oil sands producers while a third oil sands producer terminated its Project Funding Agreement triggering revenue recognition of previously received milestone payments.
Total comprehensive income for the year ended December 31, 2024 was $2.0 million compared to comprehensive loss of $2.0 million for the year ended December 31, 2023. The increase was due to higher revenue as noted above, despite lower government assistance for R&D. There were fluctuations in both periods related to changes in fair value of the derivative financial instruments embedded in convertible debentures.
Gross R&D expenses for the year ended December 31, 2024 were $2.3 million compared to $2.9 million incurred during the year ended December 31, 2023 due to higher R&D activity in the first half of 2023 related to the final on site activities associated with the RF XL Pilot. Federal and provincial government assistance of $1.2 million was recognized in the year ended December 31, 2024. This was lower than the $2.6 million for the year ended December 31, 2023 when the RF XL Pilot on-site activities wrapped up. R&D net of government assistance was $1.0 million in the year ended December 31, 2024 compared to $255 thousand in the year ended December 31, 2023.
General and administrative (“G&A”) expenses incurred during the year ended December 31, 2024 were $1.6 million compared to $2.0 million for the year ended December 31, 2023, due to lower salaries and professional fees. The Company continues to prioritize cost management, while it works on sourcing financing alternatives.
As at December 31, 2024, Acceleware had negative working capital of $3.4 million (December 31, 2023 – negative working capital of $2.0 million) including cash and cash equivalents of $272 thousand (December 31, 2023 – $1.0 million). The increase in negative working capital is attributable to the decrease in cash as well as an increase in short term notes payable, and an increase in deferred management compensation.
In the interests of matching cash requirements with a combination of cash generated from operations, external funding, and capital raising activities, the Company actively manages its cash flow and investments in new products. Acceleware intends to maximize cash generated from operations through several initiatives which include continuing to focus on higher gross margin software products that are marketed through a combination of direct and reseller models; minimizing operating expenses where possible; and limiting capital expenditures. As the Company continues to develop its RF Heating technology, new R&D investments will be financed through a combination of internal cash flow from the HPC business, project funding agreements, government assistance and external financing, when available.
ABOUT ACCELEWARE:
Acceleware is an innovator of clean-tech decarbonization technologies comprised of two business units: Radio Frequency Heating Technology and Seismic Imaging Software.
Acceleware is piloting RF XL, its patented low-cost, low-carbon production technology for heavy oil and oil sands that is materially different from any heavy oil recovery technique used today. Acceleware’s vision is that electrification of heavy oil and oil sands production can be made possible through RF XL, supporting a transition to much cleaner energy production that can quickly bend the emissions curve downward. With clean electricity, Acceleware’s RF XL technology could eliminate greenhouse gas (GHG) emissions associated with heavy oil and oil sands production. RF XL uses no water, requires no solvent, has a small physical footprint, can be redeployed from site to site, and can be applied to a multitude of reservoir types. Acceleware is also actively developing partnerships for RF heating of other industrial applications using the Company’s proprietary CTI.
Acceleware and Saa Dene Group (co-founded by Jim Boucher) have created Acceleware | Kisâstwêw to raise the profile, adoption, and value of Acceleware technologies. The shared vision of the partnership is to improve the environmental and economic performance of the energy sector by supporting ideals that are important to Indigenous peoples, including respect for land, water, and clean air.
The Company’s seismic imaging software solutions are state-of-the-art for high fidelity imaging, providing the most accurate and advanced imaging available for oil exploration in complex geologies. Acceleware is a public company listed on Canada’s TSX Venture Exchange under the trading symbol “AXE”.
NOTE REGARDING FORWARD-LOOKING INFORMATION AND OTHER ADVISORIES
This news release contains “forward-looking information” within the meaning of Canadian securities legislation. Forward-looking information generally means information about an issuer’s business, capital, or operations that are prospective in nature, and includes disclosure about the issuer’s prospective financial performance or financial position.
The forward-looking information in this press release can be identified by terms such as “believes”, “estimates”, “plans”, “potential”, and “will”, and includes information about, the expected commercialization of RF XL, the expected cost of the RF XL Pilot, the timing of the execution of the RF XL Pilot and the redeployment, expected financing required for the RF XL Pilot redeployment, and the anticipated economic and societal benefits of the RF XL technology. Acceleware assumes that current cost estimates are accurate, current timelines will not be delayed by either internal or external causes, that research and development effort including the commercial-scale test plans will result in commercial-ready products, and that future capital raising efforts will be successful.
Actual results may vary from the forward-looking information in this press release due to certain material risk factors. These risk factors are described in detail in Acceleware’s continuous disclosure documents, which are filed on SEDAR at www.sedar.com.
Acceleware assumes no obligation to update or revise the forward-looking information in this press release, unless it is required to do so under Canadian securities legislation.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this release in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
DISCLAIMER
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information: Geoff Clark Tel: +1 (403) 249-9099 geoff.clark@acceleware.com
US President Donald Trump’s foreign policy is doing little to enhance his country’s standing abroad. But it is helping to reinforce his political authority at home.
Congress and the courts are typically deferential to the president on foreign policy – and, in particular, issues related to national security. By putting most of his agenda under the banner of foreign policy, Trump is now taking advantage of that deference to minimise challenges to his power.
Trump has claimed for decades that US domestic problems can be solved with a more aggressive foreign policy.
This focus certainly helps him deal with his political problems, allowing him to attack his enemies and evade accountability under the guise of “saving the country”.
Trump has even gone so far as to call April 2 – when sweeping new tariffs are imposed on foreign goods – “Liberation Day”.
We are used to thinking of the US president as having almost unlimited power over US foreign policy. But the Constitution actually gives a lot of that power to Congress.
For example, Article 1, Section 8 of the Constitution gives Congress, not the president, the power to declare war. It also gives Congress the power to “collect Taxes, Duties, Imposts and Excises”, which include tariffs.
Given these shared responsibilities, the legal scholar Edward Corwin described the Constitution as “an invitation to struggle for the privilege of directing American foreign policy.”
Since at least the Second World War, the president has been decisively winning that struggle. Or more accurately, Congress has been declining invitations to use its power.
For example, American wars no longer begin with declarations. The US has not declared war since 1941, even though the country has been at war almost every yearsince then. Presidents instead initiate and escalate military conflict in other ways, nearly always with Congressional approval. That approval usually remains in place until a war goes badly wrong.
Congress also passed legislation in 1934 giving the president power to negotiate trade agreements and adjust tariffs. That power expanded significantly with an act in 1962 that authorised the president to impose tariffs if imports threaten “national security”.
Although Trump claims tariffs will bring economic prosperity back to the US by reviving manufacturing, his administration justifies them on national security grounds. For example, it is currently using another federal act passed in 1977 that allows tariffs in response to an international emergency as justification for its tariffs on Canada and Mexico.
The courts are supposed to review the constitutionality of government actions. But on foreign policy, the courts have been deferential to the president even longer than Congress.
In a sweeping judgement in 1918, the Supreme Court wrote that foreign relations counted as a “political power” of the executive and legislative branches, not subject to judicial review.
A federal judge recently complained the Trump administration ignored his order blocking deportation flights of alleged Venezuelan gang members to El Salvador.
Trump invoked the 1798 Alien Enemies Act to justify deporting the Venezuelans, even though some have no criminal record.
And Secretary of State Marco Rubio argued the deportations were a “foreign policy matter”, and “we can’t have the judges running foreign policy”.
Mass deportation is one of Trump’s most popular policies. If he is going to pick fights with the judiciary, it makes political sense to do it on an issue where public opinion is on his side – even if the law is not.
Rubio’s comment is also a likely preview of the arguments Trump’s lawyers will make when cases about immigration reach the Supreme Court.
Deportations under both acts are going to face legal challenges. But the Trump administration is betting the Supreme Court will take Trump’s side, given its conservative members generally hold an expansive view of executive power.
A Supreme Court win would be a major political victory for Trump. It would encourage him to focus even more on using deportation as a political weapon, and making foreign policy justifications for legally dubious acts.
War as a political tool
Trump is effectively putting the US on a war footing. He is justifying his executive actions by recasting allies as enemies who menace national security with everything from illegal drugs to unfair subsidies, and by labelling millions of foreign nationals as “invaders”.
Many Americans don’t believe him. But as long as he can make threatening foreigners the main focus of American politics, he can find political and legal support for almost anything he wants to do.
David Smith does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
e acerca el 15 de abril del 2025, la fecha límite para presentar su declaración de impuestos. Sin embargo, hay buenas noticias. Si no debe dinero en impuestos, tiene tres años para presentar su declaración de impuestos sin ninguna penalidad y aún recibir su reembolso. Además, gracias al Programa de Infraestructura Fiscal del Departamento de Servicios Humanos de Oregon, hay muchos lugares en donde puede obtener ayuda gratis para presentar su declaración de impuestos.
Para muchas personas, sobre todo para aquellas con ingresos bajos o que trabajan medio tiempo o por temporadas, les corresponde un reembolso gracias a los impuestos que les retuvieron de su pago durante el año y los créditos fiscales disponibles.
Pero, ¿por qué esperar tres años si le corresponde un reembolso de impuestos? No deje que la fecha límite del 15 de abril le impida presentar su declaración de impuestos este año. Puede que sea demasiado tarde para conseguir una cita antes del 15 de abril, pero muchos lugares en donde puede presentar su declaración de impuestos gratis toman un descanso después del 15 de abril, vuelven a abrir en mayo, y trabajan hasta el 15 de octubre.
También es bastante común que reciba una carta del Departamento de Impuestos de Oregon o del Servicio de Impuestos Internos federal de dos a tres meses después de que haya presentado su declaración de impuestos, pidiéndole más información. Los servicios gratuitos para presentar su declaración de impuestos pueden ayudarle a responder a la carta, incluyendo traducirla a otros idiomas si es necesario.
Obtenga más información sobre los créditos fiscales, fechas límite y dónde encontrar ayuda gratis para presentar sus impuestos en: https://www.oregon.gov/odhs/es/Pages/ayuda-con-impuestos.aspx
El Programa de Infraestructura Fiscal del Departamento de Servicios Humanos de Oregon (The Tax Infrastructure Grant Program) les da fondos a las organizaciones que son culturalmente relevantes o culturalmente específicas, a los gobiernos tribales y a las organizaciones comunitarias rurales para ayudar a educar y brindar ayuda gratuita para presentar declaraciones de impuestos a las personas con ingresos bajos. La ayuda está disponible en varios idiomas. El dinero de la ayuda también se usa para aumentar el número de preparadores de impuestos certificados en Oregon.
Dónde puede obtener ayuda gratis para presentar su declaración de impuestos
211Info: Llame al 2-1-1 or envíe un correo electrónico a help@211info.org para obtener una lista de toda la ayuda gratuita para presentar la declaración de impuestos.
Organización Comunitaria para Inmigrantes y Refugiados (Immigrant and Refugee Community Organization, IRCO); TAX@irco.org; 971-427-3993; Portland, Ontario
PHOENIX, Ariz. – Jackie Marie Peters, 53, of Mansfield, Texas, was sentenced on March 31, 2025, by United States District Judge G. Murray Snow to 18 months in prison, followed by three years of supervised release. Peters previously pleaded guilty to Conspiracy to Defraud.
From approximately January 2020 through April 2022, Peters’s co-conspirators hacked into an Arizona tax-preparer firm’s computer network and modified in-progress tax documents for more than 40 individuals without their knowledge or the knowledge of the firm. Peters then opened 10 bank accounts at different banks, and numerous tax refunds based upon the modified tax documents were deposited into those accounts. Peters ultimately transferred more than $2.5 million from the accounts that received fraudulent tax refunds to purchase cryptocurrency.
The IRS Criminal Investigation Phoenix Field Office conducted the investigation in this case. The United States Attorney’s Office, District of Arizona, Phoenix, handled the prosecution.
CASE NUMBER: CR-23-00948-PHX-GMS RELEASE NUMBER: 2025-047_Peters
Source: United States Senator for Idaho Mike Crapo
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Chairman of the Senate Finance Committee and member of the Senate Budget Committee, issued the following statement after Senate Budget Committee Chairman Lindsey Graham (R-South Carolina) released the text of the Senate’s Fiscal Year 2025 Budget Resolution, which provides a $1.5 trillion instruction to the Senate Finance Committee on a current policy baseline.
“The 2017 Trump tax cuts powered a booming economy, made the United States more competitive, and allowed working families to save more of their hard-earned dollars,” said Crapo. “This budget resolution unlocks the process to permanently extend proven, pro-growth tax policy, ensure Americans can keep more of their hard-earned money, provide additional tax relief to those who need it most, and take long-overdue steps toward getting our fiscal house in order.”
READ: FY 2025 Budget Resolution will Deliver Permanent Tax Relief, Spur Economic Growth and Restore Fiscal Order
DUBLIN, Ohio, April 02, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today provides a business update and reports financial results for the fiscal year ended December 31, 2024.
“We have made great strides in 2024 in advancing reAlpha’s goal to become a leader in the real estate technology industry through strategic innovation and impactful acquisitions,” commented Piyush Phadke, Chief Financial Officer of reAlpha. “Our continued investment in AI-driven technologies and strategic acquisitions has translated into meaningful revenue growth, and we believe we are well-positioned to drive further expansion of our business and deliver value to our stockholders.”
Business Highlights
Strategic and operational highlights during the period ended December 31, 2024, include:
Launched the reAlpha platform, an end-to-end, commission-free homebuying platform, in April 2024, which was designed to reshape the homebuying experience by eliminating traditional commission fees. The reAlpha platform is powered by Claire, reAlpha’s AI-real estate agent, which is available 24/7.
Acquired a controlling interest in Hyperfast Title, LLC, in July 2024, which enabled us to offer title services in 3 U.S. states.
Acquired an 85% stake in AiChat Pte. Ltd. (“AiChat”) in July 2024, which enhanced reAlpha’s AI capabilities in conversational customer engagement and expanded its presence in the Asia-Pacific region.
Introduced the reAlpha Super App in August 2024, which provided homebuyers with the ability to use the reAlpha platform and its AI-driven homebuying services directly in their mobile devices.
Completed the acquisition of Debt Does Deals, LLC (“Be My Neighbor”), which allowed us to offer mortgage brokerage services in 27 U.S. states. Later in the year, Be My Neighbor became licensed in an additional state, for a total of 28 U.S. states.
Financial Results and Operational Update
In the beginning of 2024, reAlpha halted its short-term rental operations under its rental business segment due to macroeconomic conditions, such as high interest rates and inflationary pressures. As a result, in the twelve months ended December 31, 2024, reAlpha recognized a goodwill impairment of Roost Enterprises, Inc. (“Rhove”) of $17,337,739, which reAlpha acquired to operate under its rental business segment. As such, reAlpha’s financial statements and related financial notes thereto for the twelve months ended December 31, 2024, reflect the Rhove goodwill impairment as discontinued operations. Because macroeconomic conditions persisted during 2024, and in connection with Rhove’s goodwill impairment, the board of directors of reAlpha approved to discontinue its short-term rental business operations entirely in the first quarter of 2025.
Revenue for the twelve months ended December 31, 2024 was $948,420, an increase of 270%, compared to $256,436 for the twelve months ended December 31, 2023. reAlpha’s revenues consist of technology services income that it receives from its technologies and services provided by its subsidiaries. This increase in revenues is mainly attributed to the revenue derived from strategic acquisitions that reAlpha completed during 2024, such as AiChat and Be My Neighbor.
Cash and cash equivalents were $3,123,530 as of December 31, 2024 and $ 6,456,370 as of December 31, 2023.
Net loss was approximately $26.02 million for the twelve months ended December 31, 2024, compared to a net loss of approximately $2.46 million for the twelve months ended December 31, 2023. This increase in net loss is predominantly due to the goodwill impairment of Rhove during the twelve months ended December 31, 2024, and the one-time gain of $5,502,774 from the sale of myAlphie, a technology platform reAlpha previously developed and sold, that was recognized in the comparable 2023 period, which was not present in 2024. Loss from discontinued operations was approximately $18.3 million for the twelve months ended December 31, 2024, compared to $0.31 million for the comparable 2023 period, which is mainly due to Rhove’s goodwill impairment and intangibles being presented as discontinued operations. Net loss from continuing operations was $7.68 million for the twelve months ended December 31, 2024, compared to $2.14 million for the comparable 2023 period. The increase in net loss from continuing operations was primarily due to the one-time gain from the sale of myAlphie that was not present in 2024.
Adjusted EBITDA was $(5,572,214) for the twelve months ended December 31, 2024, compared to $(7,387,223) for the twelve months ended December 31, 2023.
About reAlpha Tech Corp.
reAlpha Tech Corp. (Nasdaq: AIRE) is a real estate technology company developing an end-to-end commission-free homebuying platform. Utilizing the power of AI and an acquisition-led growth strategy, reAlpha’s goal is to offer a more affordable, streamlined experience for those on the journey to homeownership. For more information, visit www.realpha.com.
Investor Relations Contact:
Adele Carey, VP of Investor Relations investorrelations@realpha.com
Media Contact:
Fatema Bhabrawala, Director of Public Relations fbhabrawala@allianceadvisors.com
Forward-Looking Statements
The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements as to planned acquisitions, business strategy and plans, objectives of management for future operations of reAlpha, market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; reAlpha’s ability to commercialize its developing AI-based technologies; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for short-term rentals and AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s U.S. Securities and Exchange Commission (“SEC”) filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
reAlpha Tech Corp. and Subsidiaries
Consolidated Balance Sheet
December 31, 2024 and December 31, 2023
December 31, 2024
December 31, 2023
ASSETS
Current Assets
Cash
$
3,123,530
$
6,456,370
Accounts receivable
182,425
30,630
Receivable from related parties
12,873
–
Prepaid expenses
180,158
242,795
Current assets of Discontinued operations
56,931
88,036
Other current assets
487,181
582,463
Total current assets
$
4,043,098
$
7,400,294
Property and Equipment, at cost
Property and equipment, net
$
102,638
$
328,539
Other Assets
Investments
215,000
115,000
Other long term assets
31,250
406,250
Intangible assets, net
3,285,406
–
Long term assets of discontinued operations
–
18,335,701
Goodwill
4,211,166
–
Capitalized software development – work in progress
105,900
839,085
TOTAL ASSETS
$
11,994,458
$
27,424,869
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current Liabilities
Accounts payable
$
655,765
$
431,700
Related party payables
9,287
–
Short term loans – related parties – current portion
115,086
–
Short term loans – unrelated parties – current portion
666,053
190,095
Accrued expenses
1,164,813
799,624
Current liabilities of Discontinued operations
–
47,665
Deferred liabilities, current portion
1,534,433
593,750
Total current liabilities
$
4,145,437
$
2,062,834
Long-Term Liabilities
Deferred liabilities, net of current portion
–
406,250
Mortgage and other long term loans – related parties – net of current portion
45,052
–
Mortgage and other long term loans – unrelated parties – net of current portion
241,121
247,000
Note payable, net of discount
4,909,376
–
Other long term liabilities
1,086,000
–
Total liabilities
$
10,426,986
$
2,716,084
Stockholders’ Equity (Deficit)
Preferred stock, $0.001 par value; 5,000,000 shares authorized, 0 shares issued and outstanding as of December 31, 2024 and December 31, 2023
–
–
Common stock ($0.001 par value; 200,000,000 shares authorized, 45,864,503 shares outstanding as of December 31, 2024; 200,000,000 shares authorized, 44,122,091 shares outstanding as of December 31, 2023)
45,865
44,123
Additional paid-in capital
39,770,060
36,899,497
Accumulated deficit
(38,260,913
)
(12,237,885
)
Accumulated other comprehensive income
5,011
–
Total stockholders’ equity (deficit) of reAlpha Tech Corp.
1,560,023
24,705,735
Non-controlling interests in consolidated entities
7,449
3,050
Total stockholders’ equity (deficit)
1,567,472
24,708,785
TOTAL LIABILITIES AND STOCKOLDERS’ EQUITY
$
11,994,458
$
27,424,869
reAlpha Tech Corp. and Subsidiaries
Consolidated Statements of Operations and Comprehensive Loss
For the Year Ended December 31, 2024 and Eight Months Ended December 31, 2023 and Year Ended April 30, 2023
For the Year Ended
For the Eight Months Ended
For the Year Ended
December 31, 2024
December 31, 2023
April 30, 2023
Revenues
$
948,420
$
121,690
$
419,412
Cost of revenues
302,084
94,665
293,204
Gross Profit
646,336
27,025
126,208
Operating Expenses
Wages, benefits and payroll taxes
2,841,591
710,737
1,114,403
Repairs & maintenance
3,216
51,436
24,794
Utilities
11,545
12,321
32,456
Travel
259,661
46,476
–
Dues & subscriptions
118,656
24,426
98,000
Marketing & advertising
793,004
193,612
2,002,884
Professional & legal fees
2,124,946
4,572,026
1,470,306
Depreciation & amortization
282,095
30,029
157,802
Impairment of intangible assets
202,968
–
–
Other operating expenses
911,268
418,697
159,166
Total operating expenses
7,548,950
6,059,760
5,059,811
Operating Loss
(6,902,614
)
(6,032,735
)
(4,933,603
)
Other Income (Expense)
Gain on sale of myAlphie
–
5,502,774
–
Interest expense, net
(333,759
)
(70,119
)
(169,776
)
Other expense, net
(500,601
)
(144,764
)
(334,228
)
Total other (expense) income
(834,360
)
5,287,891
(504,004
)
Net Loss from continuing operations before income taxes
(7,736,974
)
(744,844
)
(5,437,607
)
Income tax (expense) benefit
54,260
(204,286
)
–
Net Loss from continuing operations
(7,682,714
)
(949,130
)
(5,437,607
)
Discontinued operations (Roost and Rhove)
Loss from operations of discontinued Operations
(261,242
)
(302,129
)
(14,776
)
Loss on abandonment of discontinued Operations
(18,078,393
)
–
–
Income tax benefit
–
Loss on discontinued operations
$
(18,339,635
)
$
(302,129
)
$
(14,776
)
Net Loss after income taxes
$
(26,022,349
)
$
(1,251,259
)
$
(5,452,383
)
Less: Net (Loss) Income Attributable to Non-Controlling Interests
679
464
726
Net Loss Income Attributable to Controlling Interests
$
(26,023,028
)
$
(1,251,723
)
$
(5,453,109
)
Other comprehensive income
Foreign currency translation adjustments
5,011
–
–
Total other comprehensive gain
5,011
–
–
Comprehensive Loss Attributable to Controlling Interests
$
(26,018,017
)
$
(1,251,723
)
$
(5,453,109
)
Basic and diluted loss per share
Continuing operations
$
(0.17
)
$
(0.02
)
$
(0.13
)
Discontinued operations
$
(0.41
)
$
(0.01
)
$
(0.00
)
Net Loss per share – basic and diluted
$
(0.58
)
$
(0.03
)
$
(0.13
)
Weighted-average outstanding shares – basic
44,631,577
42,688,666
40,439,190
Weighted-average outstanding shares – diluted
44,631,577
42,688,666
40,439,190
Consolidated Statements of Cash Flows
For the Year Ended December 31, 2024 and Eight Months Ended December 31, 2023 and Year Ended April 30, 2023
For the Year Ended
For the Eight Months Ended
For the Year Ended
December 31, 2024
December 31, 2023
April 30, 2023
Cash Flows from Operating Activities:
Net (Loss) income
$
(26,022,349
)
$
(1,251,259
)
$
(5,452,383
)
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Depreciation and amortization
466,691
289,067
157,802
Stock based compensation – employees
207,453
–
–
Stock based compensation – services
108,730
–
–
Legal & professional expenses
–
3,045,290
Amortization of loan discounts and origination fees
181,875
Write-off of capitalized software costs
145,746
–
–
Impairment of goodwill and Intangible assets
18,280,947
–
–
Commitment fee expenses
500,000
–
–
Loss on sale of properties
301
(85,077
)
(22,817
)
Gain on previously held equity
(20,663
)
–
–
Gain on sale of myAlphie
–
(5,502,774
)
–
Changes in operating assets and liabilities:
Accounts receivable
(16,437
)
37,490
65,696
Receivable from related parties
(12,873
)
20,874
(20,874
)
Payable to related parties
(56,241
)
–
–
Prepaid expenses
62,637
(226,889
)
96,038
Other current assets
(19,773
)
(419,849
)
(81,689
)
Accounts payable
58,756
48,928
235,433
Accrued expenses
(185,118
)
621,815
60,741
Deferred liabilities
278,080
593,750
–
Total adjustments
19,980,111
(1,577,375
)
490,330
Net cash used in operating activities
(6,042,238
)
(2,828,634
)
(4,962,053
)
Cash Flows from Investing Activities:
Proceeds from sale of properties
293,307
731,343
1,539,997
Additions to property, plant & equipment
(12,533
)
(40,840
)
19,721
Cash paid to acquire business
(1,268,630
)
(50,000
)
(25,000
)
Cash paid for equity method investment
(50,000
)
–
–
Cash used for additions to capitalized software development and intangibles
(516,544
)
(134,400
)
(452,451
)
Net cash (used in) provided by investing activities
(1,554,400
)
506,103
1,082,267
Cash Flows from Financing Activities:
Proceeds from issuance of debt
6,155,539
190,095
247,000
Payments of debt
(1,164,241
)
–
(1,071,709
)
Deferred financing costs
(727,500
)
Proceeds from issuance of common stock
7,331,938
4,282,274
Settling subscription issuance of common stock contributions
–
–
–
Offering costs paid on issuance of common stock
–
–
(416,312
)
Net cash provided by financing activities
4,263,798
7,522,033
3,041,253
Net Increase (decrease) in cash
(3,332,840
)
5,199,502
(838,533
)
Cash – Beginning of Period
6,456,370
1,256,868
2,095,401
Cash – End of Period
$
3,123,530
$
6,456,370
$
1,256,868
Cash
$
3,123,530
$
6,456,370
$
1,256,868
Restricted cash
–
–
–
Total cash
$
3,123,530
$
6,456,370
$
1,256,868
Supplemental disclosure of cash flow information
Interest expense
$
(58,897
)
$
(70,119
)
$
(169,776
)
Explanatory Notes on Use of Non-GAAP Financial Measures
To supplement reAlpha’s financial information presented in accordance with U.S. GAAP (“GAAP”), reAlpha believes “Adjusted EBITDA,” a “non-GAAP financial measure”, as such term is defined under the rules of the SEC, is useful in evaluating reAlpha’s operating performance. reAlpha uses Adjusted EBITDA to evaluate reAlpha’s ongoing operations and for internal planning and forecasting purposes. reAlpha believes that Adjusted EBITDA may be helpful to investors because it provides consistency and comparability with past financial performance. However, Adjusted EBITDA is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. In addition, other companies, including companies in reAlpha’s industry, may calculate similarly titled non-GAAP measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of reAlpha’s non-GAAP financial measures as tools for comparison. A reconciliation is provided below for each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures, and not to rely on any single financial measure to evaluate reAlpha’s business.
We use Adjusted EBITDA, a non-GAAP financial measure, to evaluate our operating performance and facilitate comparisons across periods and with peer companies. We reconcile our Adjusted EBITDA to our net income (loss) adjusted to exclude interest expense, depreciation and amortization, share-based compensation, and other non-cash, non-operating, or non-recurring items that we believe are not indicative of our core business operations. We believe this measure provides useful insight into our ongoing performance; however, it should not be considered a substitute for, or superior to, net income or other financial information prepared in accordance with U.S. GAAP.
The following table provides a reconciliation of net income to Adjusted EBITDA for the periods presented below:
2024
2023
Net (Loss) Income
$
(26,022,349
)
$
(2,462,407
)
Adjusted to exclude the following
Depreciation & amortization
282,095
346,171
Gain on sale of myAlphie
–
(5,502,774
)
Interest Expense
333,759
128,268
Share-based Compensation (1)
316,183
–
GEM commitment fee (2)
500,000
–
Acquisition related expense (3)
517,251
103,519
Gain on previously held equity (4)
(20,663
)
–
Amortization of loan discounts and origination fees (5)
181,875
–
Loss from discontinued operations before tax (6)
18,339,635
–
Adjusted EBITDA
$
(5,572,214
)
$
(7,387,223
)
(1) Reflects share-based compensation provided to non-executive officer employees and certain members of our board of directors for services rendered to us, which is recognized as a non-cash expense.
(2) Reflects the commitment fee incurred in connection with the equity facility we have in place with GEM Global Yield LLC SCS and GEM Yield Bahamas Limited (collectively, “GEM”) pursuant to that certain Share Purchase Agreement, among reAlpha and GEM, dated December 1, 2022.
(3) Reflects expenses related to acquisitions, including professional and legal fees, which are excluded to provide a clearer view of ongoing operational performance.
(4) Reflects the gain from the fair value measurement of previously held equity interests, which is recognized as a non-operational item and treated as a non-GAAP measure.
(5) Reflects the amortized original issue discount related to that certain secured promissory note, dated as of August 14, 2024.
(6) Reflects the loss from the discontinuation of our rental business segment operations, which consists mainly of the goodwill impairment of Rhove operations.
Taxable not-for-profits (NFPs) need to lodge an income tax return or non-lodgment advice by 15 May.
Who needs to lodge?
Taxable NFPs include organisations that do not meet the criteria for income tax exemption. These organisations must lodge an income tax return to report their taxable income and pay any tax due. The types of NFPs that may need to lodge an income tax return include:
NFP companies
Other taxable companies
Taxable trusts or partnerships
Lodgment due date
Organisations with an income year ending 30 June, have until 15 May 2025 to lodge the 2023–24 income tax return If you have an ATO approved SAP your due date to lodge the 2023-24 income tax return is determined by your approved balance date. It’s important for NFPs to meet this deadline to avoid any penalties or interest charges.
Preparing for lodgment
To prepare for lodgment, taxable NFPs should:
Review financial records: Ensure all financial records are accurate and up to date.
Determine taxable income: Calculate the organization’s taxable income for the financial year.
Complete the tax return: Use the appropriate tax return form for your NFP’s structure (e.g., company tax return, trust tax return).
How to lodge
There are several ways to lodge the income tax return:
Online: The quickest and easiest method is through Online services for business.
Registered tax agent: A registered tax agent can lodge the return on your NFP’s behalf.
Paper lodgment: If online lodgment is not possible, you can lodge a paper return by mail.
Support and resources
Here are some various resources to assist NFPs with their tax return lodgment:
Online services: Access to online lodgment and support tools.
Read more articles in the Not-for-profit newsroom and, if you haven’t already, subscribeExternal Link to our free monthly newsletter Not-for-profit news to be alerted when we publish new articles.
The Australian Taxation Office (ATO) welcomes the release of the Inspector-General of Taxation and Taxation Ombudsman’s report into the ATO’s identification and management of financial abuse within the tax system.
Financial abuse is a serious issue which can have significant impacts for victims.
The ATO has an important role in supporting taxpayers impacted by financial abuse, whilst ensuring the continued integrity of the tax system.
We agree with all recommendations provided in the Tax Ombudsman’s report, and value the perspectives of those who contributed to the report, including the lived experience of victim survivors.
The Tax Ombudsman’s findings help us to increase our understanding of community expectations and real-life experiences, so we can better support taxpayers impacted by financial abuse.
Several of the report’s recommendations build on work already underway in the ATO to support vulnerable clients.
The ATO’s Vulnerability Capability is strengthening and coordinating the way we support people experiencing vulnerability. This includes the development of a framework and specific actions and to support people experiencing vulnerability, including financial abuse.
The ATO welcomes insights on how to further strengthen and coordinate support for taxpayers that have experienced financial abuse, including considering improvements to our existing procedures in place to support these taxpayers.
We recognise the Tax Ombudsman’s findings in relation to the ATO’s role ensuring the integrity of the tax system and in holding perpetrators of financial abuse to account within our existing powers.
We commit to further engagement and consultation with other government agencies and community groups and leveraging existing support and programs to address financial abuse within the tax system.
Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)
CORPUS CHRISTI, Texas – A 38-year-old McAllen resident has been ordered to prison for her role in firearms trafficking, announced U.S. Attorney Nicholas J. Ganjei.
Jazmin Gutierrez and her co-defendant, Isai Alpides-Navarrete, each pleaded guilty July 25, 2024.
U.S. District Judge Nelva Gonzales Ramos has now ordered Gutierrez to serve 121 months in federal prison to be immediately followed by two years of supervised release. At the hearing, the court heard additional evidence about the number of firearms the pair purchased and their frequent trips around the state to collect them before transferring them to another individual who would smuggle them across the border. In handing down the sentence, Judge Ramos commented that this wasn’t an isolated incident, but multiple trips and that the firearms were going to individuals who commit serious crimes.
Judge Ramos previously sentenced Alpides-Navarrete, a citizen of Mexico illegally residing in the United States, to a total of 121 months for straw purchasing firearms and being an alien in possession of ammunition.
As part of an investigation involving the unlawful purchase, transfer and exportation of firearms, authorities arrested Gutierrez March 21, 2024. At that time, they found her in possession of five handguns, a 7.62x39mm assault rifle, high-capacity magazines and ammunition.
Law enforcement also conducted a search warrant at a residence in McAllen and took Alpides-Navarrete into custody. Inside the residence, they seized approximately 275 rounds of ammunition and high capacity magazines as well as 21 empty pistol boxes.
At the time of her arrest, Gutierrez admitted to finding firearms online from private sellers and purchasing over 50 of them which other individuals later smuggled into Mexico.
Gutierrez was permitted to remain on bond and voluntarily surrender to a U.S. Bureau of Prisons facility to be determined in the near future.
This case is a result of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. Bureau of Alcohol, Tobacco, Firearms and Explosives, Immigration and Customs Enforcement – Homeland Security Investigations and IRS Criminal Investigation are conducting the 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 on the Department of Justice’s OCDETF webpage.
Assistant U.S. Attorney Lance Watt is prosecuting the case.
Governor Shapiro Invests in Pennsylvania Businesses and Main Streets as the Federal Government Raises Taxes and Prices
Governor Josh Shapiro visited Fegley’s Brew Works in the Lehigh Valley to highlight his Administration’s investments in Pennsylvania’s small businesses and main streets – and his work to cut taxes and reduce costs for Pennsylvanians. The Shapiro Administration has committed $20 million to the Main Street Matters Program, helping small businesses and commercial corridors all across the Commonwealth. Over the past year, the Pennsylvania Department of Community and Economic Development (DCED) has supported local economic development efforts, including $20,000 to Bethlehem City for commercial faade improvements, $146,500 for remediation of a blighted property in Bethlehem’s Enterprise Zone, and multiple Neighborhood Assistance Program (NAP) grants to support community development in Bethlehem City. Additionally, last fall, the Pennsylvania Department of Agriculture (PDA) awarded more than $516,000 in research and marketing grants to boost sales, production, and quality in Pennsylvania’s craft beer and malt beverage industry.
During his visit, Governor Shapiro highlighted the harmful impact of new federal tariffs, which threaten to raise costs for businesses and put key industries – such as Pennsylvania’s craft beer industry – at risk. With more than 500 craft breweries across the Commonwealth, Pennsylvania is a national leader in craft beer production, supporting thousands of jobs and generating millions in economic impact. Since taking office, the Governor has prioritized investments to help craft brewers expand, modernize, and reach new markets. His Administration remains committed to lowering costs, cutting red tape, and ensuring Pennsylvania’s businesses have the resources they need to compete and grow.
“Every community in Pennsylvania has a main street – places where we come together to shop at small businesses, share a meal with family or friends, or have a beer on the weekends – and those main streets matter. While my Administration invests in our main streets, Washington is making it harder for the small businesses that line them to succeed bydriving up their costs and increasing taxes,” said Governor Shapiro. “The new federal tariffs going into effect today are a tax on our businesses and our consumers that will drive up costs for everyone – they’ll even make beer more expensive. Here in Pennsylvania, instead of raising costs, we’re cutting costs for our businesses and consumers, and focusing on smart, strategic investments that create opportunity and grow our economy.”
List of Speakers: Jeff Fegley, owner of Fegley’s Brew Works Governor Josh Shapiro Beau Baden, owner of Sherman Street Beer Company Bethlehem Mayor Willie Reynolds Senator Lisa Boscola Representative Steve Samuelson Representative Jeanne McNeill
Source: United States Senator for Oklahoma James Lankford
WASHINGTON, DC — This week, Senator James Lankford (R-OK) and Congressman Mark Harris (R-NC) led a group of 18 lawmakers in the bicameral introduction of the Free Speech Fairness Act – legislation that would stop the IRS from silencing America’s pastors, churches, and non-profits.
Since 1954, the Johnson Amendment has suppressed the free speech of religious leaders, churches, and nonprofits by threatening the loss of tax-exempt status if they simply speak for or against any political candidate.
“The First Amendment protects Americans’ right to freedom of speech and religious freedom without the threat of interference from Congress, said Senator Lankford. “The Free Speech Fairness Act is needed to ensure these original free speech protections are upheld by removing a restriction on speech that has existed since 1954. Fundamental American values must extend to everyone, including pastors, social workers, or non-profit employees and volunteers. Everyone should have their constitutional rights to assembly, free speech, freedom of religion and free press protected.”
“People of faith should not fear exercising their First Amendment rights at the risk of the IRS coming after them, said Congressman Harris. “For too long, the Johnson Amendment has silenced pastors, churches, and non-profits from engaging on moral and political issues of our day for fear of losing their tax-exempt status. This attempt to muzzle people of faith must end – the Constitution is clear: Americans’ right to free speech shall not be infringed.”
In 2017, President Trump signed an executive order to stop the enforcement of the Johnson Amendment while he was in office. Speaker Mike Johnson and Majority Leader Steve Scalise have previously led the legislation to fix this provision in the tax code.
Cosponsors include Senator Ted Cruz (R-TX) and Representatives Michael Baumgartner (R-WA), Glenn Grothman (R-WI), Michael Guest (R-MS), Abraham Hamadeh (R-AZ), Clay Higgins (R-LA), Doug LaMalfa (R-CA), Mark Messmer (R-IN), Mary Miller (R-IL), Barry Moore (R-AL), Andy Ogles (R-TN), David Rouzer (R-NC), Keith Self (R-TX), Marlin Stutzman (R-IN), Tim Walberg (R-MI), and Randy Weber (R-TX).
Advancing American Freedom, Alliance Defending Freedom, America First Policy Institute, American Values, Americans for Tax Reform, Catholic Vote, Concerned Women for America LAC, Eagle Forum, Family Policy Alliance, Family Research Council, First Liberty Institute, Focus on the Family, Home School Legal Defense Association, James Dobson Family Institute, Liberty Counsel Action, and NC Family support the legislation.
More support for the Free Speech Fairness Act:
Senior Counsel of the Alliance Defending Freedom, Matt Sharp, said, “Freedom of speech is for everyone, including churches and religious non-profits. The government can’t base any tax exemption on a requirement that a church or any other non-profit organization self-censor and surrender its constitutionally protected freedom. ADF commends Representative Harris and Senator Lankford for introducing the Free Speech Fairness Act to ensure that religious entities can apply biblical teachings to all areas of life without fearing an IRS investigation and fines. Anything to the contrary would be a gross violation of the First Amendment.”
“The freedom of speech is a cherished right enshrined in our Constitution in the very same amendment as the freedom of religion – the First Amendment. It was that important to our Founding Fathers because they understood you can’t have one without the other,” said Gary L. Bauer, President of American Values. “Free speech and religious liberty are essential supports for all our freedoms, and the government has no right to limit either. It is long past time for the ill-conceived Johnson Amendment to be repealed. American Values is grateful to Rep. Mark Harris for defending our First Amendment rights. Take the muzzle off of America’s pastors and faith-based non-profit organizations – pass the Free Speech Fairness Act.”
“Religious and nonprofit leaders shouldn’t have to fear that the IRS will come after them if they exercise their right to free speech. The Free Speech Fairness Act will prevent the IRS from targeting Americans for exercising their First Amendment rights,” said Grover Norquist, President of Americans for Tax Reform.
“For too long, the Johnson Amendment has shackled the free speech rights of America’s religious leaders, churches, and nonprofits, silencing their voices under the threat of losing tax-exempt status,” said Penny Nance, CEO and President of Concerned Women for America Legislative Action Committee (CWALAC). “We at CWALAC wholeheartedly support the Free Speech Fairness Act and commend Rep. Mark Harris and Senator James Lankford for championing this vital legislation. With President Trump back in the White House, we are eager to see this bill reach his desk, finally ending the destructive grip of the Johnson Amendment once and for all.”
“The First Amendment guarantees every American the right to free speech and free practice of religion. It is the very bedrock of our republic; the federal government has no authority to infringe upon those rights simply because one has entered a house of worship. For decades, however, an unconstitutional provision in the U.S. Tax Code called the Johnson Amendment has silenced religious leaders from speaking openly from the pulpit. As a pastor before coming to Washington, I was personally harassed by the IRS. My church’s tax-exempt status was threatened because I dared to preach openly on political issues important to my congregation. Our Founding Fathers left us unalienable rights to be enjoyed – and defended. I’m proud to again join my colleagues in introducing the Free Speech Fairness Act to repeal the Johnson Amendment and fully restore Americans’ constitutional rights to express their beliefs,” said Jody Hice, President of Family Research Council Action.
“The Free Speech Fairness Act is a commonsense change that will enable nonprofit organizations to exercise the right of free speech more fully,” said Jim Mason, President of the Home School Legal Defense Association.
“The 1954 Johnson Amendment is a punitive measure that unfairly threatens the free speech rights of America’s pastors and Christian ministries. It is un-American and must be repealed. The James Dobson Family Institute thanks Rep. Mark Harris for protecting the free speech rights of America’s religious leaders and organizations, and urges quick, bipartisan passage of the Free Speech Fairness Act,” said Gary Bauer, Senior Vice President of Public Policy, James Dobson Family Institute.
“The Johnson Amendment violates this nation’s historic respect for the independence of its houses of worship by inviting the IRS to investigate and intimidate churches for political advantage. The Free Speech Fairness Act goes a long way to restoring this nation’s commitment to protecting our houses of worship and the religious liberty of its leaders,” said Jeremy Dys, Senior Counsel and Chair of Religious Institutions Practice Group at First Liberty Institute. Read the full text of the legislation here.
Disinfectant Wipes/Federal Insecticide, Fungicide and Rodenticide Act
Trials
United States v. Don M. Rynn
No. 2:24-CR-00653 (District of South Carolina)
AUSA Winston Holliday
AUSA Amy Bower
On March 20, 2025, a jury convicted Don M. Rynn of making false statements to federal agents and falsifying fishing records (18 U.S.C. §§ 1001, 1519).
Rynn managed several commercial fishing vessels in the McClellanville area, including the Maximum Retriever and the Crystal C. The vessels docked at Carolina Seafood, a federally licensed dealer.
On March 21, 2023, the Maximum Retriever embarked on a commercial fishing trip captained by the defendant’s son, who Rynn instructed to catch as many fish as he could (ignoring federally imposed quotas). Rynn told his son he would “take care of things” when he returned.
The Maximum Retriever returned to McClellanville shortly after midnight on March 27, 2023, with almost three times the legal limit of snowy grouper on board, and one and a half times the allowable number of grey tilefish. Rynn was waiting for the boat to arrive. Once the Maximum Retriever was in place, the Crystal C was maneuvered so that the two boats were side-by-side.
Rynn then directed deckhands to move fish from the ice hold of the Maximum Retriever to the Crystal C. They removed additional fish from the Maximum Retriever to Rynn’s truck to take to another seafood dealer in Georgetown.
In the mandatory trip report filed shortly thereafter, Rynn reported his catch only up to the limit, hiding the fact that the Maximum Retriever had vastly overfished. He attributed a substantial portion of the catch to the Crystal C, which had remained moored at the dock.
On March 27, 2023, law enforcement officers received an anonymous tip alerting them to the excessive catch. The Georgetown seafood dealer that had received some of the overage initially lied to cover for Rynn. When he realized the agents were closing in, the dealer threw the fish in the river to get rid of them.
In October 2023, National Oceanic and Atmospheric Association (NOAA) agents interviewed Rynn about the incidents in March. Rynn lied, saying the snowy grouper and tilefish had been contaminated by a fuel spill while at sea, and that he had disposed of them in a dumpster. Rynn further implied that a U.S. Coast Guard report addressing an unlawful discharge into Jeremy Creek was inaccurate and should have been attributed to the Crystal C, which would have bolstered his fuel spill story.
In total, the Maximum Retriever caught approximately 560 pounds of snowy grouper and 450 pounds of tilefish. The legal limit for grouper is 200 pounds and 300 for tilefish.
NOAA, the U. S. Coast Guard, the South Carolina Department of Natural Resources and the South Carolina Department of Natural Resources Saltwater Team conducted the investigation.
Photo from dock surveillance camera showing Rynn on back of boat directing two individuals to carry a tote of federally protected fish to his truck.
On March 14, 2025, a court unsealed a complaint charging the chief executive officer of a Georgia-based heating, ventilation and air conditioning (HVAC) company with illegally importing 500 cylinders of potent greenhouse gases known as hydrofluorocarbons (HFCs) into the United States from Peru.
William Randolph Hires is charged with violating the American Innovation and Manufacturing Act (AIM Act) by unlawfully importing 500 cylinders of HFCs (42 U.S.C. §§ 7675, 7413).
In April 2022, on behalf of his company, Hires purchased 500 cylinders of HFCs in Peru. Over the next several months, Environmental Protection Agency (EPA) officials explained to Hires’s employees that, under the AIM Act and its implementing regulations, Hires’s company could not lawfully import the HFCs into the United States because it did not have the required EPA-issued allowances. In a July 22, 2022, email to one of Hires’s employees, an EPA official stated “it is not possible to import bulk HFCs without consumption allowances.”
Hires’s employees conveyed this information from the EPA to Hires on several occasions. On one occasion, an employee forwarded an email to Hires that the employee had received from an EPA official which stated, “[t]he HFC you listed (R-410A) is a regulated substance. So, if you do not have allowances, you cannot import those bulk HFC refrigerants.” In another email exchange between Hires and an employee, the employee informed Hires that, based on a video conference the employee had with EPA officials, shipping without the necessary allowances would violate import laws so “[i]t is out of our hands.”
Hires nevertheless instructed his employees to illegally import the HFCs into the United States. In a July 28, 2022 email, Hires stated to his employees: “[y]eah you have to be careful what agencies you’re reaching out to because the EPA . . . can create a hassle and they can hold our stuff up in customs there[.]” In a subsequent email, Hires instructed his employees to “get [the HFCs] on the ship and get it out to sea . . . don’t care what it takes[.]” Hires later instructed his employees via email: “Do not call the EPA please do not.”
The EPA Criminal Investigation Division, Homeland Security Investigations, and U.S. Customs and Border Protection conducted the investigation.
United States v. Leshon E. Johnson
No. 6:25-CR-00012 (Eastern District of Oklahoma)
ECS Senior Trial Attorney Ethan Eddy
ECS Trial Attorney Sarah Brown
AUSA Jordan Howantiz
ECS Law Clerk Amanda Backer
On March 20, 2025, Leshon E. Johnson was arraigned on an indictment charging him with violating the Animal Welfare Act (7 U.S.C. § 2156(b) & 18 U.S.C. § 49). Specifically, Johnson possessed 190 pit bull-type dogs for the purpose of having the dogs participate in an animal fighting venture, and for selling, transporting, and delivering a dog for use in an animal fighting venture. Federal authorities seized the 190 dogs from Johnson in October 2024 as authorized under the Animal Welfare Act. This is believed to be the largest number of dogs ever seized from a single person in a federal dog fighting case.
Johnson ran a dog fighting operation known as “Mal Kant Kennels” in both Broken Arrow and Haskell, Oklahoma. He previously ran “Krazyside Kennels,” also out of Oklahoma, which led to his guilty plea on state animal fighting charges in 2004. Johnson selectively bred “champion” and “grand champion” fighting dogs — dogs that have respectively won three or five fights — to produce offspring with fighting traits and abilities desired by him and others for use in dog fights. Johnson marketed and sold stud rights and offspring from winning fighting dogs to other dog fighters looking to incorporate the Mal Kant Kennels “bloodline” into their own dog fighting operations. His trafficking of fighting dogs to other dog fighters across the country contributed to the growth of the dog fighting industry and allowed Johnson to profit financially. Trial is scheduled to begin on May 5, 2025.
The Federal Bureau of Investigation conducted the investigation.
Guilty Pleas
United States v. Terrell Williams
No. 4:23-CR-00692 (Eastern District of Missouri)
AUSA Jillian Anderson
On March 7, 2025, Terrell Williams pleaded guilty to an Animal Fighting Venture violation for hosting dog fights in his home and training dogs to fight (7 U.S.C. § 2156(a)-(c); 18 U.S.C. § 49(a)). Sentencing is scheduled for June 6, 2025.
Between September 2020 through May 2022, Williams hosted fights in a wooden “box” setup in the basement of his home in Riverview, Missouri. He also owned and bred bull terriers and terrier mixes that were used for fights. On June 22, 2022, FBI agents executed a search warrant at Williams’s home and seized eight bull terrier mixes and three Yorkshire terriers. The dogs bore scars consistent with fighting. Agents also removed equipment used to train and condition dogs, including weighted vests and a canine treadmill.
The Federal Bureau of Investigation conducted the investigation.
Dog rescued from defendant’s home during execution of search warrant. Photo included with detention motion filed with the court.
On March 11, 2025, Nicholas Dryden pleaded guilty to creating and distributing videos depicting the torture of monkeys (known as animal “crush” videos) (18 U.S.C. §§ 371, 48(a)(3)). Co-defendant Giancarlo Morelli entered a similar plea in December 2024.
Dryden commissioned videos from a 17-year-old in Indonesia who was willing to commit specified acts of torture on video in exchange for payment. Dryden utilized Telegram, a cross-platform messaging app that includes encrypted group messaging and private chats, to advertise the animal crush videos and solicit funding for additional videos. Within these private groups, Dryden shared snippets of videos that he commissioned and advertised that the full content was for sale. Co-defendants Morelli and Philip Colt Moss each sent money to Dryden more than a dozen times in exchange for monkey torture videos.
Thereafter, they frequently gave feedback on the videos and Morelli sometimes suggested torturous acts he’d like to see in future videos.
The U.S. Fish and Wildlife Service Office of Law Enforcement and the Federal Bureau of Investigation conducted the investigation.
United States v. Jose Manuel Valenzuela
No. 3:24-CR-01037 (Southern District of California)
ECS Assistant Chief Stephen DaPonte
AUSA Laura Sambataro
On March 18, 2025, Jose Manuel Valenzuela pleaded guilty to intentionally failing to present refrigerant tanks for inspection (19 U.S.C. §§ 1433, 1436). Sentencing is scheduled for June 10, 2025.
On April 22, 2024, Valenzuela (an HVAC technician) attempted to enter the United States from Mexico without declaring four 24-pound tanks of 404A refrigerant (a hydrofluorocarbon refrigerant) in his vehicle.
Customs and Border Protection, Homeland Security Investigations, and the U.S. Environmental Protection Agency Criminal Investigation Division conducted the investigation.
United States v. Robert C. Schmid
No. 3:25-mj-00011 (Eastern District of Virginia)
AUSA Carla Jordan-Detamore
On March 25, 2025, Robert C. Schmid pleaded guilty to violating the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) (7 U.S.C. §§ 136j(a)(1)(A), 1361(b)(1)(B)). Sentencing is scheduled for July 22, 2025.
Schmid owned the Atlantic Manufacturing Group, LLC (AMG), which manufactured and sold cleaning and janitorial products. AMG marketed and sold its products via various means, including a website, as well as through outside sales representatives. In September 2017, AMG entered into an agreement with “Company 1” to purchase a product called “Maquat 64-PD” for which Company 1 had obtained a registration from the EPA. AMG entered into this Agreement because it wanted to distribute and sell its liquid ProAmenities Lemon Detergent Disinfectant, made with Company 1’s Maquat 64-PD.
In October 2017, the EPA approved the label for AMG’s ProAmenities Lemon Detergent Disinfectant. The label made clear that the product was hazardous to humans and animals and was not for use on clothing or on skin.
Beginning in May 2020, and acting on behalf of AMG, Schmid began manufacturing and selling AMG “Hygienic Facility Wipes” that purportedly protected users from COVID-19. Schmid sold these wipes to janitorial services that supported government entities, gyms and health clubs, universities, and janitorial product retailers. AMG manufactured these wipes by applying the ProAmenities Lemon Detergent Disinfectant to dry wipes and packaging the wipes in plastic buckets or plastic packages. These wipes, however, were not registered with the EPA pursuant to FIFRA and did not have EPA approved labels or safety guidance. Investigators also determined that Schmid, his employees, and outside sales reps made unauthorized claims about the efficacy and safety of these wipes to potential customers.
After Company 1 issued Schmid a cease-and-desist email in August of 2020 about the unauthorized use of its product, Schmid switched to “Company 2” to use its liquid, which was not registered with the EPA, in its wipes. Schmid, however, continued to claim that his wipes were an EPA-registered product. AMG also generated product labels claiming the wipes eradicated corona viruses, in addition to other falsified information (to include the ingredient list).
Between March and November 2020, AMG sold approximately 5,000 cases of the wipes, taking in close to $415,000 in sales and making approximately $33,000 in gross profit.
The U.S. Environmental Protection Agency Criminal Investigation Division conducted the investigation.
United States v. Robert J. Bullock, Sr.
No. 1:24-CR-10056 (District of Massachusetts)
AUSA Benjamin Tolkoff
On March 26, 2025, Robert J. Bullock, Sr., pleaded guilty to violating the Safe Drinking Water Act for tampering with public water systems (42 U.S.C. § 300i-1(a)). Sentencing is scheduled for June 25, 2025.
On the evening of November 29, 2022, Bullock, a former Stoughton Water Department employee, went into one of the Water Department’s pumping stations and turned off the pump that introduces chlorine into drinking water. As a result, water that had not been properly disinfected was introduced into the drinking water system.
When questioned by investigators, Bullock claimed to not have tampered with the water system. Specifically, Bullock said that he had not knowingly turned off the chlorine pump at Goddard Pumping Station 7 on the night of November 29, 2022, when in fact he had; and that he did not set the alarms for the chlorine level to zero that night, when he did.
The Federal Bureau of Investigations, the U.S. Environmental Protection Agency Criminal Investigation Division, and the Stoughton Massachusetts Police Department conducted the investigation.
Sentencings
United States v. National Water Main Cleaning Company
No. 3:25-CR-00002 (District of Connecticut)
AUSA Hal Chen
RCEC Man Chak Ng
On March 4, 2025, a court sentenced the National Water Main Cleaning Company (NWMCC) to pay a $500,000 fine, complete a three-year term of probation, and implement an environmental compliance program. The company will also employ an independent outside consultant to perform a compliance audit and identify an environmental compliance manager for its Connecticut facilities. NWMCC will also make a payment of $500,000 to the Connecticut Department of Energy and Environmental Protection (CT DEEP) to fund aquatic ecosystem enhancement projects in the South-Central Coastal Watershed.
The company pleaded guilty to violating the Clean Water Act (CWA) for knowingly discharging a pollutant into Cuff Brook while refurbishing a large culvert pipe in Cheshire, Connecticut, in July 2019 (33 U.S.C. §§ 1319 (c)(2)(A); 1311(a)). The unauthorized discharge of uncured geopolymer mortar killed more than 150 fish and contaminated Cuff Brook.
At the time of the incident, NWMCC was operating under a Code of Conduct as part of a 2014 settlement with the Massachusetts Attorney General’s Office to resolve civil allegations involving environmental pollution.
The U.S. Environmental Protection Agency Criminal Investigation Division conducted the investigation, with assistance from the Connecticut Department of Energy and Environmental Protection.
United States v. Fidelity Development Group LLC
No. 3:24-CR-00077(Southern District of Ohio)
ECS Senior Trial Attorney Adam Cullman
On March 4, 2024, a court sentenced Fidelity Development Group LLC (Fidelity) to pay a $100,000 fine and complete a two-year term of probation. Fidelity pleaded guilty to violating the Clean Air Act for failing to inspect for the presence of asbestos (42 U.S.C. § 7413(c)(1)).
In 2015 or 2016, Fidelity purchased a building and planned to renovate it into a mixed-use property. Fidelity failed to perform or acquire an asbestos survey for the building prior to renovations. Around April 2020, a certified asbestos company conducted an asbestos survey in the Fidelity Building and identified more than 12,000 linear feet of 80% chrysolite asbestos pipe wrap insulation in friable condition.
The U.S. Environmental Protection Agency Criminal Investigation Division conducted the investigation.
United States v. Frock Brothers Trucking, Inc.,et al.
Nos. 1:24-CR-00235, 00250 (Middle District of Pennsylvania)
AUSA William Behe
On March 6, 2025, a court sentenced Frock Brothers Trucking, Inc., to pay an $80,000 fine and complete a two-year term of probation. Mechanic Leon Martin will complete a two-year term of probation, to include three months’ home detention, and pay a $500,000 fine.
Both defendants pleaded guilty to conspiracy and to violating the Clean Air Act (CAA) for tampering with the emission control systems for several heavy-duty diesel trucks (18 U.S.C. § 371; 42 U.S.C. § 7413(c)(2)(C)).
Between 2018 and October 2023, Martin provided “tuning” or “reprogramming” services by modifying the engine control modules (ECMs) on diesel trucks. The ECM is a computerized system that manages and controls the engine’s performance. During that time, Martin tampered with the emissions diagnostic systems on the vehicles for many companies to prevent the diagnostic system software from monitoring the emission control system hardware.
Frock, a long-distance trucking company based in New Oxford, Pennsylvania, transports a variety of goods, including snack foods, refrigerated items, and produce. Ed Frock owned the company until his death in August 2022.
Between November 13, 2018, and December 28, 2018, Frock contracted with co-defendant Martin to disable and/or remove emission control components from eight of their diesel trucks. Frock removed the vehicles’ ECMs from their engines and shipped them to Martin for reprogramming. Once the devices were “tuned,” Martin shipped them back to Frock, where they were reinstalled on the trucks. Martin also tampered with the onboard diagnostic equipment (OBD) to delete factory-installed emission controls from Frock’s heavy duty diesel trucks. Martin’s tunes enabled those deleted trucks to operate without emission control devices, which are required by federal law.
The U.S. Environmental Protection Agency Criminal Investigation Division conducted the investigation.
On March 6, 2025, a court sentencedBenjamin Gathercole to complete a one-year term of probation, after he pleaded guilty to violating the Resource Conservation and Recovery Act (RCRA) for illegally transporting hazardous waste without a manifest (42 U.S.C. § 6928(d)(5)).
Gathercole lived in Tappahannock, Virginia, and worked at a local brake manufacturing facility. In 2019, a Virginia Department of Environmental Quality (DEQ) inspector determined that the brake manufacturing facility failed to make an accurate waste determination for 32 55-gallon drums stored on site. Some of the drums displayed labels noting they contained hazardous waste, but not in accordance with RCRA requirements. The DEQ issued a notice of violation to the facility in May 2019.
In September and October 2019, Gathercole removed 31 of the 55-gallon drums from the facility and transported them to his residence. He dug a hole near his property and buried the drums in the ground. He crushed some of them in the process, causing their contents to spill onto the ground.
In December 2020, a citizen tipped off the U.S. Environmental Protection Agency (EPA) about the illegal burial. In November 2021, agents executed a search warrant on the defendant’s property. Gathercole admitted to burying the drums at the request of his employer and directed authorities to where he had buried them. Further testing confirmed the waste was ignitable hazardous waste. The EPA finished excavating the site in November 2022.
The EPA Criminal Investigation Division and the EPA National Enforcement Investigation Center conducted the investigation.
United States v. Keidrick D. Usifo, et al.
No. 24-CR-00040 (Eastern District of Arkansas)
AUSA Edward Walker
On March 6, 2025, a court sentenced Keidrick Usifo to pay a $5,000 fine and complete a five-year term of probation. Co-defendant Deon Johnson will pay a $1,000 fine and complete an 18-month term of probation. Usifo and Johnson previously pleaded guilty to violating the Big Cat Public Safety Act (BCPSA)(16 U.S.C. §§ 3372 (e)(1)(A), 3373 (d)).
Lawmakers enacted the BCPSA in December 2022 to protect the public by prohibiting the private ownership of big cats (such as tigers and lions) as pets and by prohibiting exhibitors from allowing public contact with big cats, including tiger cubs. This law places new restrictions on the commerce, breeding, possession, and use of certain big cat species.
In April 2023, a citizen tipped off local game authorities after seeing a tiger cub in a residential neighborhood in Conway, Arkansas. Further investigation confirmed that Usifo purchased a tiger in March 2023 from a broker in Dallas, Texas, and brought it back to his residence in Arkansas.
After receiving a second complaint about the tiger cub, law enforcement conducted a traffic stop on April 21, 2023, arresting Usifo on a felony state warrant. The Conway Police Department then executed a search warrant at Usifo’s residence. The animal was not there, but they found evidence of its presence, including the fact that rooms in the house matched those in photos of the tiger that Usifo posted on Instagram.
While in the Pulaski County Detention Facility (PCDF), Usifo made several calls to Johnson, asking him to take care of the tiger while Usifo was held in detention. Johnson concealed his knowledge of the tiger when questioned by agents.
The U.S. Fish and Wildlife Service Office of Law Enforcement conducted the investigation, with assistance from the Arkansas Game and Fish Commission, the Conway Police Department, and the Little Rock Police Department.
Tiger cub, now named Fred, rescued by the Turpentine Creek Wildlife Refuge. Photo taken by case agent June 2024.
United States v. Frankluis Carela De Jesús, et al.
No. 3:24-CR-00174 (District of Puerto Rico)
ECS Senior Trial Attorney Patrick Duggan
AUSA Seth Erbe
On March 6, 2025, a court sentenced the final two Dominican nationals who attempted to smuggle tropical birds from San Juan, Puerto Rico, to the Dominican Republic. Frankluis Carela De Jesús will serve 12 months and one day of incarceration, followed by three years of supervised release. Domingo Heureau Altagracia will complete eight months of incarceration and three years of supervised release. Waner Balbuena and Juan Graviel Ramírez Cedano were each previously sentenced to serve 12 months and one day of incarceration, followed by three years of supervised release. All the defendants pleaded guilty to Lacey Act trafficking and to smuggling wildlife from the United States (18 U.S.C. § 554; 16 U.S.C. §§ 3372(a)(1), (a)(4), 3373(d)(1)(B)).
On May 3, 2024, the four Dominican nationals traveled in a flagless vessel departing from San Juan, Puerto Rico, to the Dominican Republic. They intended to smuggle various species of tropical birds to the Dominican Republic for financial gain. When the vessel was approximately 30 nautical miles north of Puerto Rico, the United States Coast Guard (USCG) approached the vessel and witnessed the crew tossing objects overboard. Following the boarding of the vessel, USCG authorities recovered several of the jettisoned objects, which were wooden cages containing tropical birds. Approximately 113 birds drowned as a result.
The U.S. Fish and Wildlife Service Office of Law Enforcement, the U.S. Coast Guard, and Customs and Border Protection conducted the investigation.
On March 10, 2025, a court sentenced Travis Larson to pay a $40,000 fine and complete a five-year term of probation. Larson will also pay $2,400 in restitution, to be divided between the State of Alaska and the Port Graham Authority. Larson will forfeit $150,000 and is prohibited from hunting anywhere in the world or providing any big game commercial services while under supervision. Larsen pleaded guilty to violating the Lacey Act for illegally transporting four black bears and making false records (16 U.S.C. §§ 3372(a)(2)(A), 3373(d)(1)(B); (d)(3)(A)).
Larson worked as a licensed big game transporter since 2010, and provided transport services through his company, Alaska Premier Sportfishing LLC (APS). Larson and APS offered paying clients transportation for multi-day hunting and fishing trips aboard a 65-foot liveaboard vessel, Venturess.
In May 2018, Larson transported eight hunters on a black bear hunt in the Nuka Bay area of the Kenai Peninsula. Each hunter paid $3,500 to participate in the hunt. The group included four Norwegian nationals. Larson knew all four people were not U.S. residents, nor were they accompanied by a licensed hunting guide or assistant guide, as required under state law.
On May 9, 2018, one foreign hunter was transported to a beach adjacent to Surprise Bay to hunt a black bear. The hunter shot and killed a black bear on land belonging to the State of Alaska. On May 10, 2018, Larson transported three foreign hunters to a beach adjacent to Beauty Bay to hunt black bears. Two of the hunters each shot and killed a black bear on land belonging to the Port Graham Corporation, an Alaska Native Corporation, and the other hunter shot and killed a black bear on land belonging to the State of Alaska. On both days, Larson transported the hunters and the illegally harvested black bears back to his vesselvia the smaller motorboat.
On May 11, 2018, Larson transported the four foreign hunters and the four illegally harvested black bears to Homer, Alaska, where he knew the black bears would be transported in interstate and foreign commerce following the hunt. The government dismissed the charges against Larson’s business.
The National Park Service Investigative Services Branch and the U.S. Fish and Wildlife Service Office of Law Enforcement conducted the investigation.
On March 10, 2025, a court sentenced Dugan Paul Daniels to six months’ incarceration, followed by three years’ supervised release, for falsifying fishing records in violation of the Lacey Act and illegally taking a sperm whale in violation of the Endangered Species Act (ESA) (16 U.S.C. §§ 3372(d)(2), 3373(d)(3)(A), 1583(a)(1)(C), 1540(b)(1)). Daniels will also pay a $25,000 fine and perform 80 hours of community service, and is banned from commercial fishing for one year.
Daniels is a commercial fisherman with 20 years of experience. Between October and November 2020, he submitted falsified fishing records to make it appear that he lawfully caught sablefish, aka “black cod,” in federal waters on two separate occasions. In fact, Daniels illegally harvested the fish in State of Alaska waters, specifically, in Chatham Strait and Clarence Strait. The total market value of the illegally harvested fish was $127,528.
In March 2020, Daniels and three crew members were fishing for sablefish southwest of Yakobi Island in the Gulf of Alaska when they came upon a sperm whale. During the encounter, Daniels directed a crewman to shoot the whale multiple times and also tried to ram the whale with his fishing vessel. Daniels documented the encounter in writing and through text messages sent from a GPS communication device. Some of the messages stated he wished he “had a cannon to blow” the whale out of the water and that he hoped “to be reeling in a dead sperm whale.” It is a violation of the ESA to harass, harm, pursue, hunt, shoot, wound, kill, trap, capture or collect, or to attempt to engage in any such conduct involving an endangered species.
The National Oceanic and Atmospheric Administration Office of Law Enforcement conducted the investigation.
No. 2:23-CR-00177 (Eastern District of Pennsylvania)
AUSA Christopher Parisi
On March 11, 2025, a court sentenced Bien King and Khalil King to each complete three-year terms of probation, to include six months’ home confinement. Bien King was also sentenced to pay a $1,000 fine. The defendants pleaded guilty to violating the Federal Insecticide, Fungicide, and Rodenticide Act for selling a misbranded pesticide and for violating the Food, Drug, and Cosmetic Act for selling misbranded animal drugs (7 U.S.C. §§ 136j(a)(1)(E); 21 U.S.C. § 331(a)).
Bien King started “Little City Dogs” (LCD) a New York corporation with office space in New York City. Bien King also created a website that sold various products intended to treat diseases or pests in animals. Bien King’s son, Khalil, worked in the New York office. Khalil King was responsible for mixing ingredients and packaging various products for shipment. The defendants obtained the ingredients for these products from various suppliers in China. They knew that these suppliers routinely mislabeled shipments of these products to avoid detection by customs officials.
When LCD received orders from online sales, Khalil King and others shipped the products from the New York office to customers throughout the United States. An undercover agent placed several orders for various products through the LCD website. These purchases included a January 17, 2020, order for fipronil drops and ivermectin. Fipronil is designed to treat external parasites such as fleas and ticks. Ivermectin is designed to control heartworms in dogs and cats.
The defendants shipped the fipronil drops and ivermectin from New York to an address in Springfield, Pennsylvania. The labeling and packaging material accompanying the fipronil drops did not include information required by law. The labeling and packaging material accompanying the ivermectin likewise did not include required information. Furthermore, LCD’s facility in New York City was not registered with the U.S. Department of Health and Human Services.
The U.S. Environmental Protection Agency Criminal Investigation Division and the U.S. Food and Drug Administration Office of Criminal Investigations conducted the investigation.
United States v. Jose V. Fernandez
No. 1:24-CR-00071 (District of Rhode Island)
AUSA John McAdams
On March 11, 2025, a court sentenced Jose V. Fernandez to complete a two-year term of probation. Fernandez pleaded guilty to making false statements for distributing false asbestos abatement training certifications (18 U.S.C. § 1001 (a)(3)).
Fernandez owned the Rhode Island Safety Environment Training Center. The Rhode Island Department of Health (RIDH) accredited the facility to provide asbestos abatement training. On multiple occasions between 2021 and 2023, Fernandez submitted false documentation to the RIDH attesting that nearly two dozen individuals paid for, attended, and successfully completed an Environmental Protection Agency-approved abatement training program when, in fact, no one attended any classes.
The U.S. Environmental Protection Agency Criminal Investigation Division and the Rhode Island Department of Health conducted the investigation.
On March 11, 2025, a court sentenced Pedro Luis Bones-Torres to 12 months’ incarceration, followed by one year of supervised release. Bones-Torres pleaded guilty to violating the Clean Water Act and the Rivers and Harbors Act for illegally constructing and depositing material into the wetlands and waters of the United States in the Jobos Bay National Estuarine Research Reserve (the “Jobos Estuarine Reserve”) and Las Mareas community of Salinas, Puerto Rico (33 U.S.C. §§ 1311(a), 403).
Starting in January 2020, Bones-Torres engaged in construction and land clearing activities on a property to the South of Camino de Galileo in the Las Mareas area of Salinas, Puerto Rico (the “Property”). Much of the Property supported mangrove trees with an open area that was occasionally partially submerged by the sea tides. This wetland area was within the Jobos Estuarine Reserve.
Between January 2020 and October 2022, Bones-Torres removed mangroves from the Property, depositing fill material onto the wetland area using excavation and earth moving equipment. After he filled the wetlands, he built a concrete pad, a concrete gazebo with an outdoor kitchen, a wooden gazebo, and a dock extending into Mar Negro. Bones-Torres did not seek or receive approval to fill the wetlands and was at no point permitted to fill wetlands on or near the Property.
The U.S. Environmental Protection Agency Criminal Investigation Division, the Federal Bureau of Investigation, the U.S. Army Criminal Investigation Division, the Department of Commerce Office of Inspector General, National Oceanic and Atmospheric Administration Office of Law Enforcement, and the U.S. Fish and Wildlife Service Office of Law Enforcement conducted the investigation.
United States v. Royce Gillham
No. 2:24-CR-14046 (Southern District of Florida)
ECS Senior Trial Attorney Adam Cullman
AUSA Daniel Funk
On March 13, 2025, a court sentenced Royce Gillham to 37 months’ incarceration, followed by three years of supervised release. Gillham, the former General Manager of a biofuel producer based in Fort Pierce, Florida, pleaded guilty to conspiring to commit wire fraud and conspiring to make false claims (18 U.S.C.§ 371).
This biofuel company produced and sold renewable fuel and fuel credits and claimed to turn various feedstocks into biodiesel. When reporting the number of gallons produced to the Internal Revenue Service and the Environmental Protection Agency (EPA), Gillham and his employer vastly overstated their production volume in an effort to generate more credits. When auditors sought more information from the company, Gillham and his co-conspirators gave them false information about their fuel production and customers.
The scheme generated more than $7 million in fraudulent EPA renewable fuels credits and sought over $6 million in fraudulent tax credits connected to the purported production of biodiesel.
The U.S. Environmental Protection Agency Criminal Investigation Division and the Internal Revenue Service Criminal Investigations conducted the investigation.
No. 2:24-CR-00161 (Central District of California)
ECS Senior Trial Attorney Ryan Connors
ECS Trial Attorney Lauren Steele
AUSA Dennis Mitchell
ECS Law Clerk Maria Wallace
ECS Law Clerk Tonia Sibblies
On March 14, 2025, a court sentenced Sai Keung Tin, also known as Ricky Tin, to 30 months’ incarceration, followed by one year of supervised release. Tin will also pay a $5,000 fine for his role in smuggling protected turtles from the United States to Hong Kong. Tin pleaded guilty to four counts of exporting merchandise contrary to law (18 U.S.C. § 554).
Between February 2018 and June 2023, Tin, a Chinese citizen, assisted turtle smugglers in the United States. During that time, Tin aided and abetted the trafficking of approximately 2,100 turtles to Hong Kong. The turtles were intended to be sold as part of the illegal Asian pet trade. Based on a conservative, contemporary market valuation of $2,000 per turtle, the smuggled reptiles were valued at $4.2 million.
U.S. Fish and Wildlife Service (USFWS) agents arrested Tin in February 2024 as he arrived at John F. Kennedy International Airport in New York.
USFWS agents obtained a search warrant to seize Tin’s cell phones, and found evidence that Tin came to the United States to smuggle turtles. He planned to travel to New Jersey, Texas, and Washington — familiarizing himself with tourist locations to present a false story if apprehended. His ultimate plan was to pay for turtles in cash, ship them around the country, and eventually illegally export them to Hong Kong.
Tin was associated with international turtle smuggler Kang Juntao, of Hangzhou City, China, who was extradited from Malaysia in 2019 and later sentenced to prison after pleading guilty to money laundering. Kang caused the shipment of approximately 1,500 turtles (with a market value exceeding $2.25 million) from the United States to Hong Kong, which included shipments to Tin.
The eastern box turtle is a subspecies of the common box turtle and native to the United States. Turtles with colorful markings are highly prized pets, particularly in China and Hong Kong, and are protected by the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).
The U.S. Fish and Wildlife Service Office of Law Enforcement conducted the investigation, with assistance from Customs and Border Protection and Homeland Security Investigations.
On March 19, 2025, Hino Motors, Ltd. (HML) was sentenced to pay a criminal fine of $521.76 million, serve a five-year term of probation, during which it will be prohibited from importing any diesel engines it has manufactured into the United States, and implement a comprehensive compliance and ethics program and reporting structure. Additionally, the court entered a $1.087 billion forfeiture money judgment against the company.
Prosecutors charged HML in a single conspiracy count with five objects: to defraud the Environmental Protection Agency, to defraud the National Highway Transportation Safety Administration, to violate the Clean Air Act, to commit wire fraud, and to smuggle goods into the United States, all in violation of 18 U.S.C. § 371.
Between 2010 and 2019, HML submitted and caused to be submitted false applications for engine certification approvals. Company engineers regularly altered emission test data, conducted tests improperly, and fabricated data without conducting any underlying tests. HML submitted fraudulent carbon dioxide emissions test data, which resulted in the calculation of false fuel consumption values for its engines. Company engineers also failed to disclose software functions that could adversely affect engines’ emission control systems. As a result of the fraud, HML imported and sold more than 105,000 non-conforming engines between 2010 and 2022.
The U.S. Environmental Protection Agency Criminal Investigation Division and the Federal Bureau of Investigation conducted the investigation.
Nos. 1:24-CR-00124, 1:21-CR-00016 (Northern District of New York)
AUSA Benjamin Clark
On March 20, 2025, a court sentenced Kyle Offringa to pay a $100,000 fine for conspiring to violate the Clean Air Act (CAA). His company, Highway and Heavy Parts, LLC (HHP), was sentenced on December 3, 2024, to pay a $25,000 fine. As part of the sentencing, the U.S. Environmental Protection Agency (EPA) will monitor the company for ongoing compliance for a two-year period. HHP and Offringa pleaded guilty to conspiring to tamper with a required monitoring device in violation of the CAA (18 U.S.C. § 371).
Between June 2017 and March 2019, HHP and Offringa conspired with a diesel truck operator, and others, including co-conspirators Daim Logistics, Inc., and Patrick Oare, to remove, delete, and tamper with monitoring devices that were required under the CAA to be installed on heavy-duty diesel trucks. Truck operators delete the emissions control hardware on heavy-duty diesel trucks to allow them to run at higher horsepower, with greater fuel efficiency, and with reduced maintenance costs. HHP charged its customers a fee for Offringa to reprogram the vehicles’ on-board detection equipment so regulators would not discover the tampering. Customers paid HHP between $1,000 and $1,500 for each truck Offringa altered.
Oare and Daim Logistics were sentenced in November 2024 for tampering with a monitoring device or method in violation of the CAA (42 U.S.C. § 7413(c)(2)(C)). Oare was sentenced to time served and to pay a $15,000 fine; the company will pay a $13,000 fine. In addition, prior to sentencing, the EPA and the New York State Department of Environmental Conservation monitored Daim for approximately 18 months to ensure the company complied with all applicable federal, state, and local laws and regulations regarding the emission control devices installed on diesel vehicles owned or operated by the company.
The U.S. Environmental Protection Agency Criminal Investigation Division conducted the investigation, with assistance from the Federal Bureau of Investigation and the New York State Department of Environmental Conservation Police.
NASA-Sponsored FIRST Robotics Welcomes Teams to Magnolia Regional NASA Leaders Visit Representatives Blood Moon in South Mississippi
New beginnings feel a lot like the month of April. It is the heart of spring and the season that symbolizes growth and renewal. April is the perfect time to break free from old routines and try something new. If you have landed here in this website corner of our digital world, consider this your open invitation to continue ahead on the journey with NASA Stennis by following us on social media. It is time to say goodbye to the Lagniappe publication as we know it, but do not worry. All of the great news about the center and its frontline activities still will be available, just in a new way – via our social media platforms! Gator wants you to feel more connected than ever as we continue to help power space dreams in south Mississippi. Moving forward, join NASA Stennis in our digital playground for even more of that extra-something special. This playground is not limited to only fun, or making new friends, or learning new stuff. Whether you are on Facebook, Instagram, YouTube, or X, there is a place, and space, for all of that and more. As we close out the website edition of NASA Stennis Lagniappe, we turn the page and look forward to new possibilities ahead. Let’s keep building one connection at a time because here at America’s largest rocket propulsion test site, it is more than just content. It is where the NASA Stennis team will continue building on its proven expertise in all areas of work, and where you will have a front row seat to experience it unfold. So, click the links below to become a NASA Stennis follower today. Then, invite your friends to become followers as well.
> Back to Top
NASA-Sponsored FIRST Robotics Welcomes Teams to Magnolia Regional
> Back to Top
NASA Leaders Visit Representatives
NASA Space Flight Awareness Program Recognizes Stennis Employees NASA’s Stennis Space Center employees were recognized with Honoree Awards from NASA’s Space Flight Awareness Program during a March 10 ceremony in Orlando, Florida, for outstanding support of human spaceflight.
Blood Moon in South Mississippi
U.S. Senator’s Staff Visit NASA Stennis
NASA Stennis Hosts Leadership Class
NASA Stennis Interns Tour Site
Rocket Test Group Visits NASA Stennis NASA Stennis partnered with Mississippi Enterprise for Technology to host more than 100 members of the 57th Rocket Test Group on March 18-19. The group toured the south Mississippi NASA center on March 19, learning how NASA Stennis operates as NASA’s primary, and America’s largest, rocket propulsion test site to serve the nation and commercial sector with its unique capabilities and expertise.
> Back to Top
NASA’s Artemis II Orion Service Module Buttoned Up for Launch – NASA Welcome Home! NASA’s SpaceX Crew-9 Back on Earth After Science Mission – NASA NASA Science Continues After Firefly’s First Moon Mission Concludes – NASA NASA Artemis II Core Stage Goes Horizontal Ahead of Final Integration – NASA
> Back to Top
A career path can unfold in unexpected ways. Ask NASA’s Rebecca Mataya. The journey to NASA’s Stennis Space Center near Bay St. Louis, Mississippi, was not planned but “meant to be,” she said.
Indian Railways Implements Digital Solutions for Transparent Revenue Monitoring Regular Workforce Assessment Ensures Efficient Manpower Utilization in Indian Railways
Posted On: 02 APR 2025 7:43PM by PIB Delhi
Indian Railways has a detailed mechanism in place for continuous monitoring of revenue generated at each Railway Station. Based on passenger earnings and footfalls, Railway stations are categorized into Non-suburban Grade (NSG1-6), Suburban Grade (SG1-3) and Halt Grade (HG1-3) Stations.
The sources of revenue at the station include:
Passenger earnings: Reserved passenger earnings (through the Passenger Reservation System) and unreserved passenger earnings (through Unreserved Ticketing System).
Freight earnings: transportation of Goods, demurrage, wharfage, etc.
Other Coaching earnings: Parcel, Luggage, platform tickets, postal haulage charges, cloak room charges, demurrage / wharfage of Parcels, etc. and
Sundry earnings: revenue from rent, leased parking lots, catering receipts, revenue from commercial utilization of land, advertisements on coaches and stations, etc.
Designated officials such as Commercial Inspectors, Travelling Inspectors of Accounts, etc. of the concerned Division supervise the revenues. The monitoring of revenue generated at each Railway station is done by concerned officials at all levels i.e. Station, Division and the Zonal Head Quarters.
With a view to ensure transparency, accuracy and efficiency in the present revenue management system, following digital applications are in use which are developed by domain experts of CRIS (Centre for Railway Information Systems):
Passenger Reservation System (PRS)
Terminal Management System (TMS)
Parcel Management System (PMS)
Freight Operations Information System (FOIS)
Traffic Accounts Management System (TAMS)
Online payment system
e-payment system
e-Balance sheet
Indian Railways E-Procurement System (IREPS) etc.
Human resources are very vital asset of Indian Railways and it is imperative that it is utilized effectively, efficiently and rationally. In order to optimally utilize the manpower continuous review of manpower is crucial, in view of changing workload condition, introduction of new technologies, working systems and creation of new assets.
Indian Railways assessing the workload of each employee regularly by reviewing the yardsticks from time to time for achieving the same. Besides this, work studies and benchmarking are regularly conducted for rationalization of manpower for various activities of different departments to review the provision of staff.
The workload of each employee is also guided by provisions of Hours of Employment Regulations (HOER), which is statutory in nature. Classification of staff as per HOER is also periodically revised based upon job analysis. This exercise enables Indian Railways to deploy manpower for new organizations & assets and also to utilize its existing human resources in most efficient and productive manner.
This information was given by the Union Minister of Railways, Information & Broadcasting and Electronics & Information Technology Shri Ashwini Vaishnaw in a written reply in Lok Sabha today.
Fiscal Health Index 2025 Mapping India’s State-Level Economic Resilience
Posted On: 02 APR 2025 5:42PM by PIB Delhi
Introduction
The Fiscal Health Index (FHI) initiative by NITI Aayog aims to evolve an understanding of the fiscal health of states in India. The FHI analysis covers eighteen major states that drive the Indian economy in terms of their contribution to India’s GDP, demography, total public expenditure, revenues, and overall fiscal stability. Odisha leads the Index, followed by Chhattisgarh, Goa, Jharkhand and Gujarat. As states are responsible for approximately two-thirds of public spending and one-third of total revenue, their fiscal performance is important for the country’s overall economic stability. The report objectively evaluates each state’s fiscal health through a composite index, facilitating comparisons and benchmarking against best practices. The composite Fiscal Health Index has been developed using data from the Comptroller and Auditor General of India (CAG), covering the Financial Year 2022-23.
Objectives of the Fiscal Health Index
To provide a comparative analysis of fiscal health across Indian states through standardized metrics.
To identify areas of strength and concern in states’ fiscal management practices.
To promote transparency, accountability, and prudent fiscal management through empirical assessment.
To assist policymakers in making informed decisions aimed at enhancing fiscal sustainability and resilience.
Key Indicators Evaluated
The Fiscal Health Index 2025 is based on a comprehensive set of indicators that are grouped into five broad categories:
Tax Buoyancy
Tax buoyancy is a ratio of change in tax revenue in relation to change in gross state domestic product or GSDP of a state. It measures how responsive a taxation policy is to growth in economic activities.
Revenue Generation and Mobilization: Assessment of states’ own revenue receipts, tax buoyancy, and non-tax revenue generation.
Debt-to-GSDP
The debt-to-GDP ratio is a metric that compares a state’s total public debt to its gross state domestic product (GSDP), indicating its ability to repay its debts, and is often expressed as a percentage.
Expenditure Management and Prioritization: Evaluation of efficiency in expenditure allocation, prioritization of capital expenditure, and adherence to fiscal discipline.
Debt Management: Analysis of states’ debt-to-GSDP ratios, interest payment burdens, and overall sustainability of debt portfolios.
Fiscal Deficit Management: Measurement of states’ fiscal deficit as a percentage of Gross State Domestic Product (GSDP) and adherence to statutory limits.
Overall Fiscal Sustainability: Composite analysis of revenue, expenditure, deficit, and debt indicators to gauge long-term fiscal health.
Key Findings
Odisha leads the fiscal health index with a top score of 67.8, excelling in the Debt Index (99.0) and Debt Sustainability (64.0). It maintains low fiscal deficits, a strong debt profile, and a high Capital Outlay/GSDP ratio. Chhattisgarh (55.2)and Goa (53.6) follow, excelling in Debt Index and Revenue Mobilization, respectively. Odisha, Jharkhand, Goa, and Chhattisgarh excel in non-tax revenue mobilization, averaging 21% of Total Revenue, with Odisha benefiting from mining premiums and Chhattisgarh from coal block auctions. Conversely, Punjab, Andhra Pradesh, West Bengal, and Kerala face significant fiscal challenges, including low expenditure quality, poor debt sustainability, and high fiscal deficits. States like Madhya Pradesh, Odisha, Goa, Karnataka, and Uttar Pradesh allocate around 27% of their Developmental Expenditure to Capital Expenditure, while West Bengal, Andhra Pradesh, Punjab, and Rajasthan allocate only about 10%. While top states excel in Debt Index and Sustainability, West Bengal and Punjab struggle with rising debt-to-GSDP ratios, raising concerns about debt sustainability.
Sustainability of Debt Portfolios
Sustainability of debt portfolios refers to state’s ability to meet its current and future debt obligations without defaulting or requiring exceptional financial assistance, focusing on both solvency and liquidity.
Top Performers: Odisha, Chhattisgarh, and Goa excel in Debt Index, Debt Sustainability, and Revenue Mobilization.
Revenue Mobilization: Odisha, Jharkhand, Goa, and Chhattisgarh effectively mobilize non-tax revenue (average 21% of Total Revenue).
Debt Index
The ratio of Interest Payments to Revenue Receipts (IP/RR) indicating the percentage of Revenue Receipts used for interest payment on account of outstanding debt.
Aspirational States: Punjab, Andhra Pradesh, West Bengal, Kerala face fiscal challenges like poor debt sustainability and high deficits.
Capital Expenditure: High allocation (27%) by Odisha, Goa, Madhya Pradesh, Karnataka, Uttar Pradesh; Low allocation (10%) by West Bengal, Andhra Pradesh, Punjab, Rajasthan.
Debt Concerns: West Bengal and Punjab face growing debt burdens and increasing debt-to-GSDP ratios.
Conclusion
The Fiscal Health Index 2025 offers a valuable tool for assessing the fiscal performance of Indian states. It highlights the need for continuous monitoring, prudent fiscal management, and proactive measures to enhance states’ financial health. The Index underscores the importance of revenue generation, efficient expenditure management, debt control, and adherence to fiscal deficit targets for overall fiscal sustainability. The FHI report has been shared with all States/UTs to help them evaluate their fiscal performance across key indicators. States are encouraged to adopt sustainable fiscal practices suited to their economies and work towards fiscal prudence through appropriate state-level interventions
On 8 April 2025 from 17:00 to 18:00, ECON and ENVI Members will exchange views with Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investments Union, on the draft Delegated Regulation amending three key Delegated Acts adopted under the EU Taxonomy Regulation, namely the Disclosures (Delegated Regulation (EU) 2021/2178), Climate (Delegated Regulation (EU) 2021/2139) and Environment (Delegated Regulation (EU) 2023/2486) Delegated Acts.
The draft delegated act was published for consultation on 26 February 2025 as part of the Omnibus I simplification package on sustainability reporting and due diligence. With the aim of reducing and simplifying reporting of companies, the draft act proposes, amongst others, to i) introduce a financial materiality threshold; ii) modify the disclosures templates; iii) adjust the Green Asset Ratio for banks, by excluding exposures related to companies which are outside the future proposed scope of the Corporate Sustainability Reporting Directive; and iv) simplify the “Do no Significant harm” criteria for pollution prevention and control related to the use and presence of chemicals. The Commission is planning to adopt the delegated act in the course of April 2025, triggering then the official 4-month scrutiny period by the Parliament and the Council.
MOUNTAIN VIEW, Calif., April 02, 2025 (GLOBE NEWSWIRE) — With the IRS tax filing deadline approaching on April 15, experts say you should file now. You can boost your refund with so many deductions and credits. A surprising number of people are unaware that the tax filing deadline is quickly approaching on April 15th. In fact, a recent survey powered by Harris QuestDIY revealed that more than half of 18–24 year olds and about one in three 25–34 year olds don’t know when the deadline is and there is no reason to wait to file.
If you’d prefer not to handle your taxes on your own, you can have a TurboTax Full Service expert do them for you. TurboTax can help find deductions and credits you might not know about, and are often overlooked. These deductions and credits can boost your tax refund – and result in more money in your pocket!
Here’s a few deductions and credits you don’t want to miss:
The Earned Income Tax Credit, which for a family with 3 kids is a substantial credit of up to $7,830 and can really help families. However, the IRS notes that one out of five people misses this credit when filing!
Credits for your kids: If you’re a parent, don’t forget valuable credits for your kids like the Child Tax Credit up to $2,000, the Child and Dependent Care Credit up to $1,050 for one child and up to $2,100 for two or more kids. Day camps even count.
Credits for college: If you paid for college for you child, yourself or your spouse, you may be able to claim the American Opportunity Tax Credit up to $2,500 for the first four years of college or the Lifetime Learning Credit up to $2,000 for even one college course.
Credits for Energy Efficient Improvements: If you made energy efficient improvements to your home you can claim a credit of up to $1,200 for improvements like energy efficient doors and windows, up to $2,000 for solar water heaters, and up to 30% of the cost for solar panels.
The Standard Deduction has been adjusted for inflation and is now $14,600 for single filers, $29,200 for those filing married filing jointly, and $21,900 for head of household.
The tax deadline is rapidly approaching, so no matter if you want to DIY or have an expert do your taxes for you, don’t wait, file now with TurboTax.
TurboTax is a registered trademark of Intuit Inc. Learn more at: turbotax.com