Category: Taxation

  • MIL-OSI USA: Sullivan Shapes “One Big Beautiful Bill” to Unleash Alaska’s Economy, Create Good-Paying Jobs, Provide Historic Tax Cuts for Working Families, and Strengthen Health Care

    US Senate News:

    Source: United States Senator for Alaska Dan Sullivan

    07.01.25

    WASHINGTON—U.S. Senator Dan Sullivan (R-Alaska) today voted to pass the One Big Beautiful Bill Act of 2025. This transformative legislation includes numerous provisions to unleash Alaska’s extraordinary resource potential, deliver tax relief for hard-working families and small businesses, make the largest investment for the U.S. Coast Guard in history, secure the southern border and halt the flow of deadly fentanyl, continue the build-up of Alaska-based military, upgrade Alaska’s aviation safety, strengthen Alaska’s health care and nutrition programs, protect Alaska’s most vulnerable communities, and achieve historic savings for future generations.

    “This comprehensive legislation is the product of months of relentless, focused work on behalf of Alaskans—and it delivers significant wins for our state. I think it is safe to say, no state fared better from this bill,” said Sen. Sullivan. “From Day One of these negotiations, which have been going on for months, I fought to ensure that Alaska wasn’t just included, but prioritized. An overriding focus of mine in shaping this legislation was ensuring it helps to unleash Alaska’s private sector economy for the benefit of our hard-working families and more job creation. The One Big Beautiful Bill works in concert with President Trump’s Day One, Alaska-specific executive order to unleash Alaska’s vast natural resource potential, restoring and establishing in law the first Trump administration’s mandate to unlock ANWR, NPR-A, and Cook Inlet for responsible resource development. These provisions are focused on creating good-paying jobs, generating billions of dollars in new revenues for the state, and putting Alaskans back in the driver’s seat of our economic future. Importantly, the historic resource development provisions cement regular lease sales into law for Alaska to guard against attempts by future Democratic administrations and Senate leaders to use regulatory powers to lock up our state and shut down our economy, as was done with President Biden’s 70 executive orders and actions targeting Alaska, what I called the ‘Last Frontier Lock-Up.’

    “A second overriding focus of mine in shaping this legislation was ensuring it benefits Alaska’s working families. On that front, this bill is a home-run. We prevented the largest tax hike in history—more than $4 trillion—and locked in permanent, lower tax rates, an enhanced Child Tax Credit for millions of families, an increased standard deduction used by over 90 percent of taxpayers, a small business deduction that drives job creation and local economic growth, and an enhanced Child and Dependent Care Tax Credit—which incorporates language from a standalone bill I cosponsored, in addition to other deductions that will help Alaskans keep more of what they earn.

    “As Chairman of the Commerce Subcommittee overseeing the U.S. Coast Guard, I also fought to secure the largest investment in Coast Guard history—nearly $25 billion, which includes funding for 16 new icebreakers and $300 million to homeport the Coast Guard icebreaker Storis, in Juneau. And, with the Golden Dome initiative, we’re building the next generation of homeland missile defense—new interceptors, sensors, and radar systems to protect the entire country, with the cornerstone of this vital system continuing to reside in our great state. We’re also working to redevelop existing Arctic infrastructure, like the very strategically located Adak Naval Base in the Aleutians.

    “With this bill, we are also securing our southern border with the most robust enforcement package in a generation—$46 billion for the wall, billions more for Border Patrol and law enforcement, and resources to crack down on the flow of deadly fentanyl into Alaska.

    “Finally, contrary to the fear mongering from critics and naysayers for months on this legislation, I was able to secure significant funding—I am confident it will exceed about $200 million per year for five years—to modernize Alaska’s health system, stabilize our rural providers, improve patient outcomes, keep standalone hospitals open, and empower state leaders to maintain coverage for vulnerable Alaskans. The bill also includes commonsense work requirements for these benefits, ensuring able-bodied Americans utilizing these programs are contributing to our economy, and shoring up the social safety net program for those it was intended to support–struggling single parents, children and individuals with disabilities or mental health challenges. At the same time, Alaska faces challenges that no other state deals with, which is why we secured flexibility for our state government to implement the new Medicaid and SNAP work requirements, giving the state breathing room to fix program challenges without hurting Alaskans who rely on these benefits.

    “From resource development to tax relief for small businesses and middle class families, to national defense, especially our Coast Guard, to securing our border, to strengthening our health care, this legislation reflects years of determined advocacy for Alaska. The final result is a transformative package full of historic wins for Alaska that will positively shape the future of our state for decades to come.”

    1. Growing Alaska’s Economy and Good-Paying Jobs Through Historic Legislation to Unleash Alaska’s Extraordinary Natural Resources

    Senator Sullivan fought to ensure this legislation unleashes Alaska’s natural resource potential, with provisions mandating at least four new area-wide lease sales in the ANWR Coastal Plain over the next decade, directing the Secretary of the Interior to expeditiously resume at least five lease sales in the NPR-A, and mandating a minimum of six lease sales over 10 years in Cook Inlet. The bill reopens areas designated as available for oil and gas leasing during the first Trump administration, and directs more revenues from the NPR-A, ANWR, and Cook Inlet to the State of Alaska, increasing the state’s percentage of the share to 70 percent for future leases. The legislation restores the leasing rules implemented during the first Trump administration—key to unlocking federal revenues from resource development in both ANWR and the NPR-A. The bill streamlines environmental reviews under NEPA by allowing project sponsors to opt into expedited timelines through a fee-based system—cutting review periods in half. The bill also creates a new Energy Dominance Financing program at the Department of Energy that has the potential to accelerate the momentum of the Alaska LNG project.

    Finally, the bill requires increased timber harvests and long-term contracts in national forests and on public lands, including in the Tongass National Forest.

    The One Big Beautiful Bill Act of 2025:

    • Requires BLM to hold at least 4 additional area-wide ANWR lease sales in the Coastal Plain over the next 10 years, with revenues divided 70 percent for the State of Alaska and 30 percent for the federal government starting in 2034—up from 50 percent;
    • Requires the Secretary of the Interior to expeditiously restore and resume lease sales under the NPR–A oil and gas program as directed by federal law—5 lease sales within 10 years of enactment under terms, conditions, stipulations, and areas described in the first Trump administration’s 2020 NPR-A Integrated Activity Plan and Final Environmental Impact Statement and Record of Decision—and directs that the State of Alaska receive 70 percent of revenues generated from development activity on future leases starting in 2034–up from 50 percent;
    • Requires a minimum of six lease sales over 10 years in Cook Inlet, with at least 1 million acres per sale and with revenues divided 70 percent for the State of Alaska and 30 percent for the federal government starting in 2034—up from 27 percent;
    • Reverses the Biden-era royalty hike by reinstating a lower 12.5-16.67 percent on offshore and onshore federal oil and gas leases;
    • Restores commonsense leasing rules that we saw under the first Trump administration that are a prerequisite to generating federal revenues from production in both the NPR-A and in ANWR—more lands, more leasing on a more prescriptive timeline;
    • Streamlines the NEPA environmental review process by allowing project sponsors to opt in for faster timelines through a fee-based system, halving review periods;
    • Includes a $5 billion increase for critical minerals supply chains, opening new opportunities for Alaska’s mining industry;
    • Requires increased timber harvests and long-term contracts in national forests and public lands, including in the Tongass National Forest;
    • Creates a new Energy Dominance Financing program within the Department of Energy to support enhancement and development of reliable energy infrastructure, providing another vehicle for the Alaska LNG project to accelerate development of the gasline;
    • Places a 10-year moratorium on the methane tax; and
    • Provides $1 billion for the Defense Production Act to conduct critical mineral mining operations, including in Alaska.

    “This energy package is a huge victory for Alaska’s jobs and economy, and for America’s energy future,” Sen. Sullivan said. “It’s time to unleash Alaska’s extraordinary resource potential: This bill mandates lease sales—1.6 million acres in ANWR, 20 million acres in NPR-A, and millions of acres in Cook Inlet—so we can tap into the state’s vast resources and create good-paying jobs for thousands of Alaskans. Importantly, we were able to secure a strong 70-30 split for ANWR, Cook Inlet, and future NPRA-leases, which will deliver untold new revenues to the State of Alaska.

    “Combined with President Trump’s Executive Order, ‘Unleashing Alaska’s Extraordinary Resource Potential,’ this is a huge opportunity to jump start natural resource development and create new jobs in Alaska. These Alaska-driven provisions will lower energy costs for American families, create good-paying jobs for Alaskans, and generate billions in new federal revenues to realize our energy potential and put Alaskans back in the driver’s seat of our state’s economy.”

    1. Delivering Tax Relief for Hard-Working Families and Small Businesses

    In 2017, Sen. Sullivan voted for the Tax Cuts and Jobs Act, which included across-the-board tax cuts for small businesses and middle class families, and a doubling of the child tax credit to support working families and small businesses, and spur economic growth. Without Congress’ action, those tax cuts and tax credit increases were due to expire this year, which would amount to a $4.5 trillion tax hike on all Americans. It’s also important to note, contrary to what some critics of the legislation have said, under the One Big Beautiful Bill Act of 2025, millionaires and billionaires will be paying the exact same marginal tax rates as they do currently. There is no tax cut for them.

    The One Big Beautiful Bill Act of 2025:

    • Avoids a massive $4.5 trillion tax increase on Americans by extending the 2017 tax cuts;
    • Institutes a permanent $2,200 child tax credit and tax relief amounting to an estimated annual take-home pay increase of $7,600-$10,900 for a family of four;
    • Expands tax credits to make child care more affordable for the thousands of working families in Alaska that are in need of quality, affordable child care:
      • Specifically, this bill enhances the Child and Dependent Care Tax Credit, the only tax credit that specifically helps working parents offset the cost of child care. This provision builds on stand-alone legislation that Sen. Sullivan cosponsored;
      • Improves the Employer-Provided Child Care Credit which supports businesses that want to help locate or provide child care for employees;
      • Expands the Dependent Care Assistance Plan which creates flexible spending accounts that allow working parents to set aside pre-tax dollars to pay for child care expenses;
    • Eliminates taxes on tips and overtime for millions of workers, and taxes on auto loan interest for new American-made vehicles;
    • Expands tax relief for small businesses, which constitute 99.1 percent of businesses in Alaska, benefiting the backbone of Alaska’s economy; and
    • Makes permanent the opportunity zone, low-income housing, and new markets tax credits—key incentives for economic development and affordable housing, and adds greater emphasis on economically disadvantaged and rural areas.

    “I have always fought to ensure hard-working Alaskans are able to keep more of their paycheck, and our small businesses are able to grow and hire more workers,” said Sen. Sullivan. “With this legislation, we are preserving the historic tax relief delivered for Alaskans in the 2017 Tax Cuts and Jobs Act and providing new relief for our workers and small businesses. Specifically, this bill prevents an average $2,380 tax hike on every Alaskan and a 25 percent tax increase on over 58,000 of Alaska’s small businesses. For Alaska’s working families, the bill permanently boosts the per-child tax credit to $2,200, preserves the doubling of the standard deduction we secured in 2017, and expands tax credits for paid family leave and child care—which I cosponsored in stand-alone legislation. The bill also eliminates taxes on tips, benefiting roughly one-in-ten Alaskans who work in our service and leisure industries. In sum, this bill will deliver a take-home pay increase of up to $10,900 for a family of four.

    “The historic tax relief we are delivering in this bill, coupled with the legislation’s unprecedented provisions to unleash Alaska natural resources—working in concert with President Trump’s Day One, Alaska-specific executive order—bring together all of the elements needed to achieve strong growth in Alaska’s private sector economy. Importantly, that will mean more good-paying jobs for more of Alaska’s families.”

    1. Making the Largest Investment in U.S. Coast Guard History

    As Chairman of the Senate Commerce Subcommittee on the Coast Guard, Sen. Sullivan has consistently championed robust investments in our Coast Guard. Sen. Sullivan’s strong advocacy in the negotiations of the One Big Beautiful Bill of Act 2025 resulted in nearly $25 billion for fiscal year 2026 to the U.S. Coast Guard, including:

    • 16 new icebreakers—three Polar Security Cutters (heavy icebreakers), three Arctic Security Cutters (medium polar icebreakers), and 10 light and medium icebreaking cutters; 
    • 22 new cutters—nine Offshore Patrol Cutters, 10 Fast Response Cutters, and three Waterways Commerce Cutters;
    • More than 40 new helicopters, six new C-130J aircraft, three new river cutters, and new maritime surveillance equipment (Many of these new Coast Guard aviation and ship assets will be coming to Alaska);
    • $300 million for the homeporting of the Juneau icebreaker, the Storis; and
    • $4.379 billion to repair docks, hangars, and shore facilities and replace aging infrastructure, funds that will help address the Coast Guard’s nationwide infrastructure backlog, as found in communities like Sitka, Seward, Kodiak and St. Paul.

    “This historic investment of nearly $25 billion for the U.S. Coast Guard—the largest investment in Coast Guard history—is a game-changer for the men and women who protect our nation’s oceans and maritime communities, especially in Alaska,” Sen. Sullivan said. “With funding for 17 new icebreakers, 21 cutters, dozens of aircraft, and billions to modernize docks and shore facilities–particularly in Alaska, we’re strengthening America’s maritime presence in the Arctic and along our vast coastline. I’ve been working for years to get an icebreaker homeported in Alaska. This is the next critical step: $300 million to support icebreaker homeporting in Juneau—cementing Alaska’s role as the nation’s Arctic operations hub. This investment will create good-paying jobs throughout Southeast Alaska, bolster our national security, and ensure our Coast Guard has the tools it needs to protect our waters and our communities for decades to come.”

    1. Securing the Border and Fighting Fentanyl

    Senator Sullivan has long advocated for stronger policies to secure the nation’s southern border, highlighting the negative impacts of President Biden’s four years of open border policies on all states, including those that are thousands of miles away, like Alaska. For two years in a row, Alaska experienced the largest annual increase in the rate of drug overdose deaths in the country, driven in large part by the flow of fentanyl across the porous border. In recognition of the havoc this crisis has wrought on Alaska’s communities, the Senator last year spearheaded the launch of a statewide “One Pill Can Kill” initiative to educate Alaskans about the dangers of the drug and raise awareness about the resources available for treatment, prevention and reporting criminal activity.

    This legislation provides billions of dollars for our border security, funding and personnel to the immigration court system, materials and manpower to build the southern border wall, funding for Border Patrol and fleet vehicles, enhanced and upgraded Border Patrol technology, and additional law enforcement funding, including for DHS, DOJ, ICE, Secret Service, and federal courts.

    The One Big Beautiful Bill Act of 2025 provides:

    • $46 billion for a southern border wall, $8 billion for Border Patrol and fleet vehicles, $6 billion for border patrol technology;
    • $47.8 billion in additional law enforcement funding, including for DHS, DOJ, ICE, and Secret Service, and federal courts and detention facilities; and
    • $1.25 billion in funding for the immigration court system.

    “This Homeland Security package is a critical step toward securing our borders and stopping the flow of deadly fentanyl into our country, a crisis that is even impacting Alaska,” Sen. Sullivan said. “Alaska’s communities, from our biggest cities to rural villages, have dealt with the deadly consequences of a porous southern border. For years, fentanyl poured into our state, surging overdose deaths by more than 40% between 2022 and 2023, and taking the lives of far too many young people. Thankfully, since President Trump came into office, illegal border crossings have dropped by 99%. These provisions will continue this enforcement of our border and stop this scourge of illegal aliens, drug cartels, and fentanyl from devastating communities across the country.”

    1. Building Up Our Alaska-based Military

    Taking care of our troops and rebuilding our military guided by a policy of “Peace Through Strength” have been top priorities of Senator Sullivan since he joined the Senate Armed Services Committee. The strong military provisions in this bill include several major benefits for Alaska.

    The bill allocates $9 billion to improve the quality of life for service members—enhancing housing, child care, and health care services at Alaska’s many military bases—building on the historic 14.5 percent military pay raise for junior enlisted warfighters that Senator Sullivan helped secure in last year’s National Defense Authorization Act. It also provides $115 million to support the exploration and development of existing Arctic infrastructure, like the critical Adak Naval Air Station in Alaska’s Aleutian Islands and invests $9 billion in air superiority efforts that will help sustain aircraft and operations at Eielson Air Force Base and Joint Base Elmendorf-Richardson (JBER).

    The bill also invests heavily in missile defense systems—with $1.975 billion that could enhance radar sites like the Long Range Discrimination Radar at Clear Space Force Station, the COBRA DANE radar on Shemya, and other installations across the state. Alaska may also benefit from $800 million for next-generation interceptors at Fort Greely, and $500 million for national security space launch infrastructure that could include the Kodiak Pacific Spaceport. These investments are part of President Trump’s $25 billion “Golden Dome for America” initiative, which accelerates the development of a layered missile defense system to protect the homeland—cementing Alaska’s position at the forefront of national security. Senator Sullivan’s GOLDEN DOME Act would further add to the money appropriated by the One Big, Beautiful Bill Act to protect Alaska and the nation.

    Additionally, Alaska stands to gain from the $12 billion Pacific Deterrence Initiative, which includes expanded military exercises involving Alaska Command, and from the $29 billion shipbuilding provision, which will likely strengthen U.S. Navy maritime presence to help safeguard Alaska’s waters.

    The One Big Beautiful Bill Act of 2025 includes:

    • A $25 billion down payment on President Trump’s “Golden Dome for America” initiative to build a layered missile defense system, positioning Alaska as the central pillar;
      • $1.975 billion for improved missile defense radars, potentially benefiting LRDR at Clear Space Force Station, COBRA DANE on Shemya Island, and other Alaska radar sites;
      • $800 million for next-generation interceptors going to Fort Greely;
      • $500 million for space launch infrastructure, which could include the Kodiak Pacific Spaceport;
    • $115 million for the exploration and development of existing Arctic infrastructure, like the shuttered Adak Naval Air Station in Alaska’s Aleutian Islands;
    • $9 billion to improve military quality of life—including housing, childcare, and healthcare at Alaska military bases;
    • $9 billion for air superiority, supporting aircraft operations at Eielson Air Force Base and JBER;
    • $12 billion for the Pacific Deterrence Initiative, expanding military exercises involving Alaska Command; and
    • $29 billion for shipbuilding.

    “Taking care of our troops and achieving ‘Peace Through Strength’ are two of my top priorities. This legislation includes funding for Alaska’s air defense superiority, readiness missions, maritime fleet, as well as an investment in better housing, child care, and health care at bases across Alaska,” said Sen. Sullivan. The escalating missile threats from the Iranian regime—and the rapidly advancing capabilities of Russia and China—make clear why we must build a robust, modernized missile defense system to protect the entire country. That’s exactly what the Golden Dome initiative will do. With President Trump’s leadership, a $25 billion down payment in this legislation, and the Golden Dome Act I introduced with my colleagues to cement this vision in law, we now have all three pillars of effective policy: presidential backing, appropriated funding, and authorizing legislation. This initiative will deploy space-based sensors and next-generation interceptors, and significantly enhance our all-domain awareness. Alaska will remain the cornerstone of America’s missile defense, and I look forward to advancing this historic effort to secure our homeland.”

    1. Upgrading Alaska’s Aviation Safety

    Alaska faces an aviation accident rate 2.35 times higher than the national average, and this legislation delivers major, long-overdue investments to address that challenge head-on. The Alaska-specific aviation safety provisions in this legislation include the installation of Weather Observing Systems and weather camera sites, as well as a $40 million carve out for the FAA  Alaska Aviation Safety Initiative. These provisions are in addition to a federal overhaul of aviation safety announced by President Trump earlier this year that includes the addition of 174 new weather stations specifically for Alaska.

    Included in the One Big Beautiful Bill Act:

    • $2.5 billion for nationwide air traffic control reform and upgrades;
    • $80 million to install not less than 50 Automated Weather Observing Systems (AWOS), not less than 60 Visual Weather Observing Systems (VWOS), not less than 64 weather camera sites, and weather stations; and
    • $40 million to carry out aviation safety projects in the FAA Alaska Aviation Safety Initiative, other than the activities funded from the set aside for weather observation systems.

    “With dozens of communities off the road system and wholly reliant on aviation, and an air traffic control system responsible for the heavily-trafficked aviation routes between North America and Asia, no state is more aware of our country’s aviation safety challenges than Alaska,” said Sen. Sullivan. “This bill includes historic critical upgrades to Alaska’s aviation safety equipment and funding for the FAA Alaska Aviation Safety Initiative. These weather observing systems and camera sites will provide real-time weather data and visual confirmation in remote areas with harsh, rapidly changing conditions, ensuring that Alaska’s pilots have the technology they need to fly as safely as possible.”

    1. Strengthening Alaska’s Health Care

    The One Big Beautiful Bill Act of 2025 does not touch Medicare or Social Security despite false ads running in Alaska saying the contrary. The major Medicaid reform in this bill centers around limitations and reductions of states’ use of provider taxes and state-directed payments to enhance their federal Medicaid payments. Many observers view the use of provider taxes and state-directed payments as a scheme to enhance a state’s share of federal Medicaid dollars. Because Alaska is the only state in the country that doesn’t use provider taxes or state-directed payments, and never has, its Medicaid program and federal funds that the state receives are not impacted by the provider tax reforms in the bill.

    Senator Sullivan has been working for years on legislation to increase Alaska’s Federal Medical Assistance Percentage (FMAP) by 25 percent and Hawaii’s FMAP by 15 percent to better reflect the high cost of living and high cost of health care delivery in both states. This FMAP provision was included in the original budget reconciliation bill with White House and Senate Republican support. The Congressional Budget Office (CBO) estimated that this provision would have generated approximately an additional $180 million in increased annual Medicaid dollars for Alaska.

    However, during the final stages of the budget reconciliation debate, Senate Minority Leader Chuck Schumer and Senate Democrats challenged Sen. Sullivan’s FMAP provision with the intent to strip it out of the budget reconciliation bill during a series of “Byrd baths.” Following this review, the Senate Parliamentarian advised that the provision violated the requirements of the Byrd Rule, resulting in its removal from the bill and costing Alaska potentially millions of dollars in additional annual Medicaid funding.

    In response, Senator Sullivan pivoted and pursued an alternative solution. To address Alaska’s limited health care infrastructure, he successfully negotiated a $25 billion increase for the Rural Health Transformation Fund in the budget reconciliation bill, bringing it to $50 billion.  Senator Sullivan helped shape the formula for this fund to allocate $100 million annually for Alaska for five years. He is confident that additional funding from this fund to Alaska will exceed another $100 million.

    In total, this fund is anticipated to provide over $200 million annually for five years to help expand access and improve health care across Alaska, support providers in remote communities, and reduce the state’s Medicaid application backlog through the Alaska Division of Public Assistance.

    The One Big Beautiful Bill Act of 2025:

    • Creates a $50 billion fund over five years to help states modernize and stabilize rural health care, improve outcomes, and keep standalone hospitals open, of which Alaska will likely receive at least $200 million annually over five years;
    • Institutes a 20-hour per week work requirement for able-bodied individuals to utilize Medicaid if they do not have children 14 years of age or younger (one-third less than the work requirements established by the bipartisan welfare reform in the 1990s under the Clinton administration);
    • Allows states to delay implementation of Medicaid work requirements if showing “good faith” effort to create work requirement processes through 2028;
    • Requires identity verification for ACA special enrollment to stop fraud targeting Alaska Native benefits.

    “For months, I have worked relentlessly on every aspect of this reconciliation bill to make sure Alaska isn’t just included, but prioritizedincluding our health care and nutrition programs,” said Sen. Sullivan. “My team and I also fought hard to secure a $50 billion fund to help states, like Alaska, modernize health systems, stabilize rural providers, improve patient outcomes, and keep standalone hospitals open. Thanks to this provision and commitments I received from the Trump administration, I am confident that Alaska will receive over $200 million a yearfor five yearsto empower our state leaders to  maintain coverage for vulnerable Alaskans and shore up our state’s social safety net.

    “Additionally, the Medicaid provisions in this bill will make this critical safety net program stronger, more accountable, and more sustainable—especially for Alaskans. Our goal is simple: maintain strong safety nets, reduce barriers to care, and grow good-paying jobs across Alaska so more people can thrive and get covered through the private sector.

    “I do support Medicaid work requirements for those who are able, but we made sure to include commonsense, tailored work exemptions, including for Alaska Native people, those who live in places with low employment opportunities, pregnant women, and people with mental health and substance use disorders.

    “Many of Alaska’s hospitals operate on the financial edge while continuing to serve as the backbone of care in remote regions. They are critical to Alaska’s health care system, and this legislation—the result of months of work from me and my team—ensures our hospitals will receive the Alaska-specific plus-ups and protections they need to continue serving our communities.”

    1. Protecting Alaska’s Most Vulnerable Communities

    Senator Sullivan worked to ensure the legislation included provisions directly aimed at protecting Alaska’s most vulnerable communities, especially seniors and those facing financial hardship. For seniors and elder Alaskans, the bill provides a $12,000 tax deduction to reduce Social Security taxes, with estimated average savings of between $9,000–$17,500 for seniors ages 60 and up. The legislation also allows telehealth copays to be covered by insurance outside of high-deductible thresholds—making virtual care more affordable for rural and senior populations, and exempts seniors over 65 from Medicaid and Supplemental Nutrition Assistance Program (SNAP) work requirements.

    The One Big Beautiful Bill Act of 2025 also expands home-and community-based services for individuals with disabilities, repeals harmful Biden-era nursing home staffing mandates, and includes a 2.5 percent Medicare reimbursement increase for FY 2026—known as the “doc fix”—to ensure that seniors utilizing Medicare continue to have access to care.

    The One Big Beautiful Bill Act of 2025:

    • Provides a $12,000 tax deduction for seniors 65 and older to reduce Social Security taxes and help retirees keep more of their income;
    • Maintains the existing 100 percent federal match for Alaska Native and American Indian people accessing Medicaid, and exempts them entirely from Medicaid work requirements;
    • Estimates tax relief savings for seniors age 60 and older between $9,000-$17,500;
    • Exempts seniors over 65 from Medicaid and SNAP work requirements;
    • Provides additional time for the State of Alaska to resolve its SNAP distribution error rate and carves out SNAP work requirement exemptions for areas with high unemployment rates;
    • Delays implementation of new SNAP work requirements if they are showing “good faith” effort through 2028;
    • Permanently extends key tax-free savings provisions for Achieving a Better Life Experience (ABLE) accounts, allowing individuals with disabilities to save for their future without losing access to Medicaid and Social Security;
    • Allows telehealth copays to be covered by insurance outside of overall health insurance deductibles, making it easier for seniors and Alaskans in rural areas to use telehealth; and
    • Allows telehealth copays to be covered by insurance outside of overall health insurance deductibles, making it easier for seniors and Alaskans in rural areas to use telehealth;
    • Expands home- and community-based care for people with disabilities;
    • Includes a 2.5 percent Medicare reimbursement rate increase for FY 2026—known as the “doc fix”—to ensure that seniors utilizing Medicare continue to have access to care; and
    • Repeals Biden-era nursing home staffing mandates that threatened to close Alaska nursing home facilities, a top priority of rural health care providers.

    “My team and I worked hard to ensure the One Big Beautiful Bill protects Alaska’s most vulnerable communities, especially our seniors and those struggling to make ends meet,” said Sen. Sullivan. “We secured provisions that will provide real relief, like a $12,000 tax deduction that helps older Alaskans keep more of their hard-earned retirement income, and expanded telehealth access that makes care more affordable and accessible in our rural communities. We also were able to exempt seniors from burdensome work requirements and repeal a disastrous Biden-era federal nursing home mandate that threatened to close facilities across our state.

    “Contrary to some of the fear-mongering by critics, this bill makes no changes to Medicare or Social Security. Programs like Medicare, Medicaid, and SNAP were created to protect our most vulnerable populations, and this legislation helps ensure that these social safety net programs are there for Americans and Alaskans who need them.

    “My team and I also secured flexibility for implementing both the new Medicaid and Supplemental Nutrition Assistance Program (SNAP) work requirements for Alaska, including exemptions for all Alaska Native people, parents or guardians of children 14 and under, caregivers for elders and adults with disabilities, individuals who are medically frail or are dealing with a substance use disorder, veterans, pregnant women, and areas of high unemployment. With regard to SNAP, I helped secure a delay for Alaska to implement these work requirements until 2029 based on a good faith effort. These flexibilities will be crucial to ensuring our state’s most vulnerable continue to receive benefits while allowing the State breathing room to adjust to the new requirements under the bill.

    “This bill provides good governance cost-sharing measures to ensure that states properly administer their programs and get SNAP benefits to people who need it most. However, the State of Alaska is working on modernizing their system to administer their program and will need extra time to complete the overhaul. I pushed intensely to secure up to a two-year delay before the cost-sharing measures come into play. This crucial delay will provide the State the time it needs to overhaul their system and improve their program—ultimately ensuring that people who need SNAP the most, are the ones who receive it.”

    IX. Achieving Historic Savings for Our Children’s Future

    Sen. Sullivan shares the serious concern many Alaskans have about the size and scope of federal spending, especially the risks posed by the country’s $36 trillion debt. According to the nonpartisan Congressional Budget Office (CBO), the One Big Beautiful Bill Act of 2025 represents one of the largest federal spending reductions in American history, roughly $1.6 trillion, and will reduce the federal budget deficit by $508 billion over ten years. According to the White House Council of Economic Advisers, the legislation will result in the debt-to-GDP ratio falling to between 88 and 99 percent, instead of rising to 117 percent without the bill.

    “Our national debt of over $36 trillion has reached dangerous, unsustainable levels. Last year, we paid out more in interest on this debt—upwards of $950 billion—than we did to fund our military at about $870 billion,” said Sen. Sullivan. “When you look at history, great powers begin to fail when they hit this precarious inflection point—spending more in interest on the debt than they do to protect their own nation. These debt and spending levels also drive high inflation rates, as we’ve seen over the past few years, which remain the top concern of Alaskan families—the high cost of living. This bill includes one of largest spending reductions in history—$1.6 trillion, and will reduce the deficit by $508 billion over ten years. The bill accomplishes these reductions by eliminating waste, fraud, and abuse—not by cutting essential services.”

    X. Fighting Back Against Senate Democrats and Minority Leader Schumer’s Relentless Attempts to Shut Down Alaska’s Economy and Harm Our Citizens

    In the budget reconciliation process, the parliamentarian of the Senate only rules on provisions of the bill when they are challenged by Democrat or Republican party leaders, to see if those provisions violate the so-called “Byrd Rule,” which dictates that a provision in reconciliation legislation must be principally focused on the budget, spending and taxes. The Byrd rule and the parliamentarian’s role are not self-executing, meaning, the parliamentarian does not scrub budget reconciliation bills looking for violations of the Byrd rule. She only looks into these issues if those issues are challenged by the Republican or Democratic Senate leaders.

    In this bill, Democrats in the Senate, led by Minority Leader Chuck Schumer, challenged nearly every single provision in the bill that would benefit Alaska. The most egregious was Sen. Sullivan’s provision, which he’s worked on for years, to increase the federal match for Medicaid in Alaska. Sen. Sullivan secured the provision in the bill, which was supported by all Senate Republicans and the White House, and would have provided Alaska with hundreds of millions of dollars more a year in federal Medicaid dollars.

    The irony of this outcome is particularly strong given that far-left-wing Democrat-affiliated groups have been falsely attacking Senator Sullivan for weeks on cutting Medicaid. The only people objectively and factually trying to cut Medicaid for Alaskans are Chuck Schumer and Senate Democrats, who successfully did so when they stripped out Sen. Sullivan’s FMAP provision for Alaska that was already in the budget reconciliation bill.

    Other provisions that would dramatically help Alaska, but were challenged by Sen. Schumer and the Senate Democratic leadership to strip out of the budget reconciliation bill, include:

    • ANWR leases;
    • NPR-A leases;
    • Cook Inlet leases;
    • Increased funding for rural Alaska hospitals;
    • Coast Guard funding for Alaska, including facilities for the new icebreaker home-ported in Juneau;
    • Funding for potential Arctic military bases;
    • Border security;
    • Charitable deductions for Alaska whaling communities; and
    • Greater flexibility for SNAP requirements.

    “Here is an undeniable fact: The only people who are advocating cutting Medicaid for Alaskans are Chuck Schumer and the Senate Democrats,” said Sen. Sullivan. “Worse, this is just one of a number of positive provisions for Alaska that Senate Democrats’ fought to strip out of the budget reconciliation bill. This is consistent with the long pattern of National Democrats’ attempts, for decades, to lock up our state, shut down our economy, and hurt our working families.”

    MIL OSI USA News

  • MIL-OSI USA: Lummis Releases List of Wyoming Wins in One Big Beautiful Bill

    US Senate News:

    Source: United States Senator for Wyoming Cynthia Lummis

    July 1, 2025

    Washington, D.C. – Senator Cynthia Lummis (R-WY) today released the following statement and list highlighting some Wyoming specific wins included in the One Big Beautiful Bill that passed the Senate today.  

    “The One Big Beautiful Bill represents a victory for our state and our nation’s future,” Lummis said. “This legislation reverses years of federal policies that hurt Wyoming’s energy workers and families, instead focusing on real American priorities: expanding domestic energy production, cutting taxes for working families, and backing our ranchers and farmers.”

    Background: 

    Coal Industry:

    • Reduced Royalty Rates: Cuts federal coal royalty rates from 12.5% to 7% for new and existing leases through 2034 to incentivize production and increase revenue.
    • Mandatory New Leases: Requires Interior Secretary to lease at least 4 million additional acres of known recoverable coal reserves within 90 days of enactment.
    • Enhanced Market Access: Eliminates regulatory barriers that have prevented coal development on federal lands.

    Oil & Gas:

    • Quarterly Lease Sales: Mandates BLM hold quarterly lease sales in nine Western states, including Wyoming, for ten years.
    • Extended Drilling Permits: Increases drilling permits from three to four years, providing greater operational certainty.
    • Eliminated Bureaucratic Fees: Removes the $5-per-acre Expression of Interest Fee that previously discouraged land nominations.
    • Restored Competitive Framework: Reinstates noncompetitive leasing to encourage exploration and streamlines surface commingling applications.
    • Fair Royalty Rates: Restores pre–Inflation Reduction Act royalty rate of 12.5%, reversing punitive increases.
    • Faster NEPA Timelines: Introduces optional expedited environmental review process under NEPA, allowing project sponsors to pay fees for faster timelines (one year for Environmental Impact Statements, six months for Environmental Assessments).

    Timber Sales & Wildfire Prevention:

    • Mandatory Timber Contracts: Requires USFS to enter 40 long-term timber sale contracts between 2025-2034 to reduce wildfire risk, boost the economy, and create WY jobs.

    State & Local Revenue:

    • Fair Revenue Distribution: Directs 25% of renewable energy revenue from public lands to state where the lease operates. 
    • County Support: Allocates additional 25% to counties based on project location, ensuring local communities benefit from development.

    Bureau of Reclamation Investment:

    • $1 Billion Investment: Dedicated funding for restoration and expansion of surface water storage facilities. Wyoming has seven irrigation districts and water storage capacity.
    • Conveyance Facility Improvements: Funds construction activities that restore or increase capacity of existing facilities.

    Livestock Protection:

    • Depredation Reimbursement: Provides compensation for livestock losses due to wolves, bears, and eagles.
    • Drought/Fire Relief: Expands eligibility and payments for grazing losses on federal lands
    • Risk Management: Strengthens programs for disease preparedness, lab testing, and vaccine stockpiles.

    Market Access & Production:

    • Export Promotion: Creates permanent $285 million annual USDA program for agricultural export marketing.
    • Base Acre Expansion: Allows enrollment of up to 30 million new base acres to address Western producer inequities.
    • Production History Recognition: Includes previously ineligible lands in farm programs.

    Estate Tax Relief:

    • Increased Exemption: Raises estate tax exemption to $15 million (single)/$30 million (married), indexed for inflation.
    • Generational Help: Helps families pass ranches and farms to next generation without crushing tax burden.

    Business Investment Incentives:

    • Equipment Expensing: Restores 100% immediate expensing for new and used equipment – making it easier to invest in growth and resilience strategies for our hard-working ranchers
    • Investment Threshold: Raises immediate expensing cap to $2.5 million for equipment and property purchases.
    • Rural Economic Development: Provides powerful tools for reinvestment in operations and rural community growth.

    MIL OSI USA News

  • MIL-OSI USA: Senator Scott Applauds Passage of the One Big Beautiful Bill

    US Senate News:

    Source: United States Senator for South Carolina Tim Scott

    WASHINGTON – Today, U.S. Senator Tim Scott (R-S.C.) released the following statement upon passage of the Senate reconciliation legislation, otherwise known as President Trump’s One Big Beautiful Bill. This vital and comprehensive reconciliation legislation will produce lasting positive change for the American people through governmental fiscal responsibility, tax cuts, immigration enforcement, and investment in essential sectors of the country’s economy.

    “Results delivered! We’re one step closer to history because Senate Republicans got the job done,” said Senator Scott. “When President Donald J. Trump signs this bill into law, it will be a major success for hardworking American families. We’re delivering tax cuts for families, securing the border, strengthening our national defense, and unleashing American energy dominance. This is a win for Americans chasing opportunity, building prosperity, and fighting for their shot at the American Dream.”

    Senator Scott successfully championed several important provisions in this legislation that will provide economic relief, support small businesses, promote tax fairness, and strengthen various industries. These legislative victories underscore Senator Scott’s unwavering dedication to advancing the interests of the people of South Carolina and the United States.

    Below is a list of key provisions championed by Senator Scott: 

    • The Opportunity Zone Program is now permanent and greatly expanded, paving the way for economic investment and growth in economically distressed areas and maximizing community impact.
    • A permanent school choice tax credit that will benefit millions of middle and low-income children for generations.
    • Coaches and athletic staff can now claim out-of-pocket job-related expenses on their taxes just like classroom teachers.
    • Existing FICA Tax credits have been expanded to cover additional businesses, providing meaningful tax relief for small beauty and grooming establishments.
    • New Market Tax Credit has been permanently extended to attract private capital for projects in underserved urban and rural areas. 
    • The permanent extension of the Excess Business Loss Limitation Section 461(I) to safeguard the tax base and prevent aggressive tax sheltering.
    • The removal of retaliatory tax Section 899 to secure local employment and investment from foreign-owned U.S. businesses.
    • Removal of restrictions allowing employers and employees to contribute towards the fees of direct primary care programs. 

    South Carolina specific provisions can be found below:

    • Extension of critical support for South Carolina Farmers; providing stronger price protections, disaster aid, and new insurance tools. 
    • Extension of the 45X production credit to support the growing EV and lithium sector in the state.
    • Preservation of the tax credits vital for the state’s nuclear industry and eligibility for advanced nuclear technologies, promoting clean energy and economic growth. 
    • Protection of the duty drawback program, supporting small and medium-sized tobacco farmers. 

    MIL OSI USA News

  • MIL-Evening Report: New laws to make it harder for large Australian and foreign companies to avoid paying tax

    Source: The Conversation (Au and NZ) – By Kerrie Sadiq, Professor of Taxation, QUT Business School, and ARC Future Fellow, Queensland University of Technology

    The Conversation, CC BY

    The beginning of the financial year means for the first time in Australia the public will see previously unreleased tax reports produced by multinational taxpayers.

    These documents, known as country-by-country reports, or CbCR for short, contain information about the tax practices of large Australian businesses and foreign businesses operating in Australia. This information, previously only available to the taxpayer and the Australian Tax Office, will be made public.

    Country-by-country reports, announced in the October 2022-2023 budget, were introduced with other measures designed to improve corporate tax behaviour. The reports will be released from this week as part of corporate reporting practices. Multinationals have 12 months to comply.

    A fairer tax system

    Country-by-country reporting forms part of the government’s multinational tax integrity election commitment package. The aim is to ensure a fairer and more sustainable tax system. Large firms will be required to publish a statement on their global activities plus tax information for each jurisdiction in which they operate.

    Until now, large multinationals only had to prepare annual consolidated financial statements under international financial reporting standards. The traditional reports aggregate results and provide limited geographic reporting information.

    Traditional high-level reporting allows multinationals to conceal their country-level activities. This hides questionable tax practices.

    Country-by-country reporting allows us to better see where a multinational operates. More importantly, the amount of activity in each jurisdiction is reported. The information provides clues as to whether artificial profit shifting has occurred.

    Anyone interested can uncover details about how multinationals structure their global operations. Information may reveal a misalignment between the company’s real economic presence in a country, the profits they book and taxes they pay in that country.

    Bringing Australia into line with the EU

    Country-by-country reporting is not new. It is the requirement that the information be made public that has changed.

    Australian firms have been required to provide such reports to the Australian Tax Office since 2016. However, the information has been confidential.

    The new public disclosure law brings Australia in line with large firms operating in the European Union which brought in the change last year.

    How country-by-country reporting works

    A taxpayer with annual global income above A$1 billion and at least A$10 million of its turnover Australian-sourced will need to produce a report. The obligation to disclose rests with the parent entity no matter where they are located.

    Australia’s largest companies, including mining giants Rio Tinto and BHP, biotech firm CSL, and investment bank Macquarie Group, will be among those expected to report, as will foreign tech behemoths such as Apple, Amazon, Microsoft and Meta.

    These tech giants are the same US firms likely to be excluded from the global minimum tax rules under a G7 agreement reached last week. Under the agreement, US multinationals were exempted from paying more corporate tax overseas. Other G7 members gave in to protect their own companies from the US’s threat of retaliation.

    Under the law change in Australia, a parent entity will provide its name, the names of all members of the group, a description of their approach to tax, and information about operations in certain countries. Included on the list are countries that attract multinationals due to reduced tax obligations, such as Singapore, Switzerland, and the Bahamas.

    Everyone will be able to see where a multinational is operating. They will also see the types of business activities conducted, number of employees, assets, revenue, and taxes paid. Large profits in a country but little business activity and very few employees may raise questions, especially if a country has a low tax rate.

    Benefits of better transparency

    Access to the extra information will help investors assess the tax and reputational risk of a firm. A multinational that shifts profits to low tax countries may be audited and pay extra tax and penalties.

    Increased transparency allows greater scrutiny. In turn, it is hoped multinationals will reduce aggressive tax planning due to potential risk to their reputation.

    If multinationals shift less taxable profits out of Australia to low-tax or no-tax jurisdictions, this will lead to Australia receiving a greater share of much needed corporate tax revenue.

    Reducing profit shifting

    Recent academic research on public country-by-country reporting reveals it provides additional information to better identify tax haven activity. However, it does not result in a significant drop in corporate tax avoidance.

    Increased tax transparency helps investors and tax authorities to better understand a multinational’s economic and tax geographic footprint. It is also important when it seems that US giants will be excluded from the 15% global minimum tax rules. Transparency by itself, however, does not lead to multinationals paying more corporate taxes.

    By its very nature, tax avoidance is legal but pushes the boundaries by going against the spirit of the law. Indeed, many large multinationals argue tax is a legal obligation and is not voluntary. They maintain they pay the tax required of them according to the law.

    Undoubtedly, Australia’s new public country-by-country regime is a positive step for tax transparency. As a country initiative, it has been applauded as groundbreaking and world leading. However, it is not a panacea to corporate tax avoidance.

    To limit corporate tax avoidance and have multinationals pay more corporate taxes, we must get to the heart of the problem. We must change the law that dictates the way multinationals are taxed.

    Kerrie Sadiq currently receives funding from the Australian Research Council. She has previously received research grants from CPA Australia and CAANZ.

    Rodney Brown has previously received research grants from CPA Australia and CAANZ.

    ref. New laws to make it harder for large Australian and foreign companies to avoid paying tax – https://theconversation.com/new-laws-to-make-it-harder-for-large-australian-and-foreign-companies-to-avoid-paying-tax-260004

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Rosen Statement on Senate Republicans Passing Extreme Bill to Strip Health Care, Food Assistance from Nevadans

    US Senate News:

    Source: United States Senator Jacky Rosen (D-NV)

    Senate Republicans Rammed Through Their Extreme Tax Spending Bill, Cutting Medicaid And SNAP For Millions To Pay For More Billionaire Tax Cuts
    WASHINGTON, DC – U.S. Senator Jacky Rosen (D-NV) released the following statement after Senate Republicans passed their extreme tax spending bill that will take away health care coverage and food assistance from millions of Americans, all to pay for tax cuts for the ultra-wealthy.
    “What Senate Republicans just did is truly appalling: they passed an extreme tax spending bill that’ll slash health care coverage and food assistance for Nevadans who need it most in order to pay for more tax cuts for billionaires,” said Senator Rosen. “This extreme bill will also eliminate thousands of good-paying, clean energy jobs in our state while raising costs for hardworking families. It’s a disgrace. Hardworking Nevada families won’t ever forget how Donald Trump and Congressional Republicans betrayed them to give more money to the ultra-wealthy.”

    MIL OSI USA News

  • MIL-OSI USA News: WHAT THEY ARE SAYING: Senate Approves Landmark One Big Beautiful Bill

    Source: US Whitehouse

    The Senate delivered a resounding victory for American workers, farmers, and small businesses by passing President Donald J. Trump’s One Big Beautiful Bill — a transformative legislative package that locks in historic tax relief, delivers border security, reforms welfare, funds critical infrastructure, and more.

    Industry leaders and stakeholders nationwide hailed the Senate’s vote and called on the House to swiftly send the bill to President Trump’s desk:

    Airlines for America: “We are grateful that the Senate understands the urgent need to overhaul our nation’s air traffic control (ATC) system and included $12.5 billion in their reconciliation package for that cause. This is an important first step as Secretary Duffy works to implement President Trump’s vision of a brand new, state-of-the-art system. We especially appreciate Commerce Committee Chairman Ted Cruz for his long-time dedication to the safety and efficiency of our nation’s airspace. We urge the House of Representatives to quickly pass this legislation so President Trump can sign the One Big Beautiful Bill into law, begin the work of upgrading our ATC system and revitalize our airspace.”

    America’s Credit Unions President and CEO Jim Nussle: “We thank the U.S. Senate for securing the credit union not-for-profit tax status and not adding a new tax on 142 million credit union members as part of H.R. 1. Hard working Americans and their communities rely on the competitive rates and personally tailored services offered by credit unions to achieve their American Dream. By preserving the credit union tax status, it provides consumers across the country with more opportunities to achieve financial freedom.”

    American Airlines: “American Airlines strongly supports the much-needed funding to bolster and modernize our air traffic control system in the Senate reconciliation bill. In addition to staffing challenges, the U.S. air traffic control system’s technology and infrastructure have fallen behind much of the world. As President Trump and Secretary Duffy urgently work to build a state-of-the-art air traffic control system, this down payment is an essential first step in making aviation even safer and more efficient. The reconciliation bill also extends other key pro-growth tax policies that provide businesses with the necessary certainty to continue driving the economy. We urge the House to move swiftly and pass the bill.”

    American Farm Bureau Federation President Zippy Duvall: “Farm Bureau applauds the U.S. Senate for passing the reconciliation package. Farmers and ranchers are the foundation of America’s food supply chain, and they need the certainty that this legislation will provide. Improvements to farm safety net programs that reflect today’s agricultural economy and maintaining important tax provisions will directly benefit farm and ranch families … Important tax provisions will also help farmers save money that can be used to pay bills, invest in new technologies, and pass the family farm to the next generation. We now urge the House to pass the bill and get it to the president’s desk for his signature to ensure America’s farmers and ranchers can continue putting food on the table for America’s families.”

    American Federation for Children CEO Tommy Schultz: “The mission is clear: deliver school choice to every state in America. Today’s vote marks a monumental step toward that goal for the first time in history … We are eager to see President Trump sign school choice into law!”

    American Hotel & Lodging Association President and CEO Rosanna Maietta: “AHLA applauds the Senate’s swift action today to prevent major tax increases on both hotel employees and businesses. The tax provisions included in the Senate bill provide small business hotel owners with the level of certainty they need to effectively operate amidst tremendous uncertainty resulting from years of inflation, trade impacts, and a softening of demand within the broader travel sector. We commend Majority Leader Thune, Senator Crapo, and other Senate champions for securing passage. We urge Congress to swiftly get this package to the President’s desk for his signature to help put businesses back on a pro-growth footing.” 

    American Iron and Steel Institute President and CEO Kevin Dempsey: “Capital investment is crucial for economic growth and job creation in the American steel industry and the manufacturing sector as a whole. Many of the key capital cost recovery provisions of the 2017 tax law have expired or are being phased out. Restoring these provisions is essential to ensuring that many companies will be able to make new investments in steel-intensive facilities and machinery. We applaud Senate passage of this legislation which will permanently restore key provisions that have a proven record of fueling innovation and economic growth, including 100 percent bonus depreciation for business investment, immediate expensing for domestic research and development expenses and the EBITDA-based limitation on business net interest deductions. We urge the House to pass this bill and send it to President Trump this week so that he can sign it into law as soon as possible.”

    American Petroleum Institute President and CEO Mike Sommers: “We applaud the Senate for passing the One Big Beautiful Bill to bolster America’s energy advantage and support economic growth. This historic legislation will help usher in a new era of energy dominance by unlocking opportunities for investment, opening lease sales and expanding access to oil and natural gas development. We will continue to work with policymakers to get this final package to President Trump’s desk.”

    American Soybean Association President Caleb Ragland: “ASA applauds the Senate for its support of agriculture and the farm economy in this legislation. Soybean growers have long championed comprehensive revisions to the 45Z Clean Fuel Production Credit, an improved safety net for agriculture, and increased support for research and market expansion. The modified biofuel tax credits, enhancements to crop insurance and support for MAP and FMD, among other agriculture provisions included in this legislation will support U.S. farmers and expand market opportunities domestically. ASA urges the House to maintain these key agricultural provisions that support our rural economies as they consider this legislation.”

    American Trucking Association SVP of Legislative Affairs Henry Hanscom: “The American Trucking Associations is grateful to Senate Republicans for their hard work to craft a package that will guarantee tax certainty for our nation’s trucking companies. Trucking is the backbone of our economy, employing over 8.5 million Americans in companies that range in size from one-truck operators and small family businesses to enterprise carriers.  Enacting pro-business, pro-growth tax policies will ensure that all of those companies are able to better plan for the future, invest in their workforce and equipment, and move freight safely and efficiently.  As the industry that moves 72% of America’s freight by tonnage, and that is the sole source of freight services for more than 80% of American communities, ATA looks forward to President Trump signing this measure into law as soon as possible.”

    Americans for Prosperity Chief Government Affairs Officer Brent Gardner: “We are so close to delivering a generational win to Americans by making pro-growth tax policy permanent. When we pass this bill, job creators and families will have the certainty they need to invest in their businesses and futures, reigniting the American Dream. We are encouraged by the thoughtful and productive discussions that have brought this legislation back to the House and urge members to pass it expeditiously to ensure that Americans start reaping the benefits of this transformative legislation as soon as possible … It’s time to get this bill to the Oval Office for President Trump’s signature. We’re at the goal line, it’s time to punch it in. Let’s fulfill all those campaign promises and secure this victory for hardworking American taxpayers.”

    Associated Builders and Contractors VP of Government Affairs Kristen Swearingen: “Tax certainty and pro-growth policies are not abstract policy goals for construction businesses—they are the foundation that allows ABC members to invest, grow and keep America building. We thank the Senate for passing this important legislation and urge the U.S. House of Representative to take swift action to send it to the president’s desk.”

    Associated Equipment Distributors President and CEO Brian P. McGuire: “By permanently extending and restoring pro-growth, capital investment incentivizing tax policies, the Senate is ensuring long-term tax code certainty that will benefit the equipment sector and the broader economy. AED applauds Senate Majority Leader John Thune and his team for heeding our call for tax permanence, and we urge the House to pass this legislation and send it to the president’s desk expeditiously.”

    Association of Equipment Manufacturers SVP of Government and Industry Relations Kip Eideberg: “The Association of Equipment Manufacturers applauds the U.S. Senate’s passage of the One Big Beautiful Bill (OBBB) Act — a historic bill that will strengthen U.S. manufacturing, providing the certainty in the tax code necessary for equipment manufacturers to innovate, invest, and create more family-sustaining jobs right here in America. By extending and expanding the tax reforms from 2017, the OBBB will help equipment manufacturers build more in America, while also bolstering our global competitiveness. We commend Leader Thune for his leadership and commitment to ensuring the permanence of President Trump’s pro-growth tax reforms, and applaud the lawmakers involved in driving this effort forward. We urge the U.S. House of Representatives to act swiftly and send the bill to President Trump’s desk.”

    Business Roundtable CEO Joshua Bolten: “Today’s vote puts us on the cusp of extending and strengthening tax reform. Business Roundtable applauds the Senate for passing the One Big Beautiful Bill … The House now has the opportunity to send a swift, decisive signal that America will remain a premier destination for business to invest, hire, and grow. We urge the House to act without delay and send the bill to President Trump’s desk by the Fourth of July.”

    Center for Transportation Policy Executive Director Jackson Shedelbower: “… it’s clear that lawmakers are united in an effort to modernize the country’s aging air traffic control systems. The $12.5 billion that is appropriated in both versions of the package will be a strong down payment towards ensuring that the U.S. maintains its reputation as a global leader in air travel. Lawmakers need to work out the remainder of their differences so the legislation can be swiftly pushed over the finish line.”

    CTIA—The Wireless Association President and CEO Ajit Pai: “CTIA applauds the Senate for passing the One Big Beautiful Bill, which includes a solid spectrum pipeline and smart tax provisions to support wireless investment. Along with restoring FCC auction authority, establishing a robust 800-megahertz pipeline of mid-band spectrum with a specific timeframe for action is critical to meeting growing consumer demand, securing U.S. leadership in 5G, and strengthening national and economic security.  The bill’s targeted tax incentives will accelerate private investment in next-generation networks and support infrastructure deployment, job creation, and economic growth across the country. We thank Senate leadership, including Senate Majority Leader John Thune, Senate Commerce Committee Chairman Ted Cruz, and Senator Marsha Blackburn for their commitment to securing America’s wireless future, and we urge swift action to pass this legislation so President Trump can sign it into law.”

    Concerned Veterans for America Executive Director John Vick: “This legislation represents a win for American families, small businesses, and veterans across the country―groups that form the backbone of a thriving and resilient nation. This is a monumental moment for Americans who believe in hard work, opportunity, and service. The One Big Beautiful Bill Act sets the stage for lasting prosperity and a stronger future for those who have sacrificed the most.”

    Global Business Alliance President and CEO Jonathan Samford: “I applaud Chairman Mike Crapo, Leader John Thune and their Senate colleagues for advancing international tax policies that keep the U.S. the top destination for global investment. These provisions will help sustain American jobs, drive innovation, and reinforce a stable tax environment that attracts cross-border capital and world-class know-how. I urge swift House action and final passage of this One Big Beautiful Bill Act in order to secure America’s competitive edge.”

    Iowa Biodiesel Board Executive Director Grant Kimberley: “These improvements to the biomass-based diesel tax incentive come at a pivotal moment for the industry, which has seen months of uncertainty, stalled production and investment hesitation. Together with EPA’s proposed increase in Renewable Fuel Standard volumes—projecting more than 2 billion additional gallons of biomass-based diesel in 2026—the tax developments point to a significant resurgence in clean fuel demand. This gives us much-needed certainty for the near future.”

    Information Technology Industry Council President and CEO Jason Oxman: “The One Big Beautiful Bill will advance President Trump’s vision of ensuring America outpaces global competitors and remains the world’s leader in technology. We’re pleased to see the Senate pass the reconciliation text with strong innovation-focused language that will empower companies to invest in America by restoring critical research and development expensing and stimulate economic growth and high-skilled job creation. We urge the House of Representatives to send this critical package to President Trump as quickly as possible.”

    Job Creators Network CEO Alfredo Ortiz: “By passing this tax cut bill, Republican Senators show once again that they are the party of Main Street. By expanding and making permanent the Tax Cuts and Jobs Act, including restoring full, immediate expensing, the Senate has delivered historic, pro-growth reform that can last for generations. These tax cuts empower small business owners to invest, hire, raise wages, and reinvest in their communities, ushering in America’s next Golden Age. On behalf of Main Street, JCN calls on the House to quickly pass this legislation and get it to President Trump’s desk by July 4, giving America the best birthday present it could ask for.”

    National Association of Home Builders Chairman Buddy Hughes: “NAHB commends the Senate for passing the One Big Beautiful Bill Act. This legislation will help spur economic growth and allow our members to invest more resources in multifamily rental construction, land development to build more single-family homes, and new equipment to expand their businesses. In turn, this will create a better business climate that allows builders to increase the nation’s housing supply, which is crucial to help ease America’s housing affordability crisis. We urge the House to move quickly to pass this bill.”

    National Association of Manufacturers President and CEO Jay Timmons: “The Senate just pushed the ball deep into the red zone. Now it’s the House’s turn to finish the drive and deliver a big win for manufacturers in America. The Senate advanced a tax package that will strengthen small businesses, family-owned operations and manufacturing workers across the country. It drives manufacturers closer to the goal line—growing businesses, creating jobs and powering stronger communities. After months of driving, months of endurance and effort, months of playing audacious offense and tenacious defense, months of partnership between manufacturers of every industry and our leaders in Congress and the administration, the House now can finish the job. We call on our partners in the House to send this bill to the president’s desk—the strongest tax bill for manufacturers we have seen in a generation. Because when Congress champions the 13 million people who make things in America, manufacturing wins—and when manufacturing wins, America wins.”

    National Business Aviation Association President and CEO Ed Bolen: “We thank the Senate for recognizing with this initial funding that a safe and efficient national airspace requires a robust, resilient ATC system that bolsters our nation’s global aviation leadership. As leading economists have found, immediate expensing helps companies and entrepreneurs relying on business aviation have access to a critical competitive asset, while strengthening America’s manufacturing base. These provisions represent an important investment in an essential American industry, and the citizens, companies and communities that depend on it. NBAA looks forward to their continued progress.”

    National Cattlemen’s Beef Association SVP of Government Affairs Ethan Lane: “The Senate version of the One Big Beautiful Bill protects family farmers and ranchers across the country from a massive tax hike at the end of the year, increases the Death Tax exemption, makes the Section 199A tax deduction permanent, increases the Section 179 tax deduction, funds foreign animal disease prevention programs, and delivers so many more wins for cattle producers … It’s time for the House to pass this bill and send it to President Trump’s desk so he can sign it into law.”

    National Corn Growers Association President Kenneth Hartman, Jr.: “NCGA has worked closely with members of Congress as they drafted and voted on this legislation. We are particularly pleased to see the permanent extension of certain tax provisions, which will provide more certainty to corn farmers around the country as they plan for the future of their businesses.”

    National Cotton Council Chairman Patrick Johnson: “The NCC appreciates the momentous effort that has gone into crafting and passing the One Big Beautiful Bill. We are grateful for the Senate’s commitment to delivering meaningful enhancements to the cotton safety net, which is absolutely critical for the stability and future of our industry.”

    National Council of Farmer Cooperatives President and CEO Chuck Conner: “We commend the Senate for advancing permanent tax relief through the extension of Section 199A, a key priority for farmer co-ops that ensures they are not penalized for doing business together. Equally important are the provisions extending Section 179 expensing and the clean fuel production credit under Section 45Z, which provide producers and co-ops with the incentives and tools they need to innovate, invest, and lead the transition to a more sustainable agricultural future. We also appreciate the Senate’s attention to the needs of production agriculture by updating reference prices and commodity title support to reflect today’s economic realities. Combined with a significant increase in funding for market development programs, these provisions will help producers reach new markets and stay competitive amid global uncertainty. Now, it’s time for the House of Representatives to act. We urge lawmakers to take up the Senate package without delay and send it to the president’s desk before the July 4th recess. America’s farmers can’t afford to wait.”

    National Council of Textile Organizations President and CEO Kim Glas: “On behalf of the U.S. textile industry, I would like to commend Senate leaders for including an important provision in the broader budget reconciliation bill that would permanently end de minimis for commercial shipments from all countries, effective July 2027. The Senate language mirrors a provision included in the House reconciliation package passed earlier in May … We are also grateful that the Trump administration has already used executive authorities to end de minimis access for Chinese goods—which represent approximately two-thirds of all de minimis shipments—while also laying the groundwork to close de minimis to commercial shipments from all countries.”

    National Foreign Trade Council VP for International Tax Policy Anne Gordon: “We welcome Senate passage of the One Big Beautiful Bill … We welcome the Senate’s decision to retain core international and business provisions of the Tax Cuts and Jobs Act in its version of the bill, as well as including permanent immediate expensing of research and development and reinstating depreciation and amortization in the interest deduction limitation. We are also pleased to see the Senate make permanent the look-through for controlled foreign corporations and provide other long-needed international tax fixes for U.S. corporations. As the House considers the revised bill, we encourage swift consideration and passage of tax legislation that incentivizes investment, innovation, and global opportunity for America’s job creators.”

    National Milk Producers Federation President Gregg Doud: “Dairy farmers are grateful for legislation that will create several key opportunities for dairy. Following last month’s successful vote in the House, we are excited that the Senate’s legislation also positions these investments to benefit dairy farmers and the cooperatives they own. We hope they are enacted into law as swiftly as possible.”

    National Mining Association President and CEO Rich Nolan: “We urge the House to quickly pass this bill, which increases the competitiveness of the American mining industry and provides vital incentives, including funding to counter China’s mineral dominance. The bill also makes improperly withdrawn lands available for energy production, which is key to supplying a reliable electric grid capable of powering our nation’s future. Through these measures, the bill will directly support U.S. economic growth and security. Mining feeds and fuels virtually every American supply chain; a strong mining industry creates an equally strong foundation for every industry that depends on the products and energy we provide. More can be done, and the NMA will continue to advocate with Congress and the administration on ways to support additional domestic mining, and mineral production and processing.”

    National Pork Producers Council President Duane Stateler: “We appreciate the efforts of Agriculture Chair John Boozman and other Senate leadership to ensure key animal health provisions were included in the bill, along with tax and other measures important to agriculture. Foreign animal diseases (FADs) threaten not only the livelihoods of pork producers but also our food supply chain at large. We thank our congressional leaders for these important steps to help keep our pork supplies safe, secure, and affordable for American families.”

    National Restaurant Association EVP for Public Affairs Sean Kennedy: “This bill includes the most important pro-growth tax policies restaurant operators need to continue to power the national economy. The inclusion of permanent policies for 199A qualified business income deduction, full expensing of capital investments, and the return of depreciation and amortization in the calculation of business interest expense will give restaurant operators working capital to invest in their businesses and employees. We are also pleased to see the inclusion of policies like No Tax on Tips and Overtime that will benefit our workforce. We appreciate the work that has gone into getting this bill through the Senate and encourage the House to quickly pass it, sending it to the President for signature.”

    National Roofing Contractors Association CEO McKay Daniels: “This legislation is critical to providing certainty for all businesses to continue to invest in their employees and grow their companies. In particular, the bill is a huge win for ‘main street,’ family-owned and pass-through entities that represent 95% of all U.S. businesses and employ the majority of private-sector workers. Without passage of this legislation, our industry will face rising tax burdens and diminished global competitiveness. Congress must act now to secure a stable future for America’s job creators.”

    National Small Business Association President and CEO Todd McCracken: “NSBA applauds the Senate for passing H.R. 1, the One Big Beautiful Bill Act which includes NSBA’s #1 priority, permanency for the small-business tax rate cut in the form of the 199A Qualified Business Income deduction. Enacting this provision and several others—including reversing a very problematic change to the R&D tax deduction—is a major win for small business. As our nation celebrates Independence Day, I urge the House to pass the language approved in the Senate and give America’s small businesses the freedom and independence they need and deserve to keep their businesses thriving.”

    National Sorghum Producers Chair Amy France: “These are critical improvements that will help sorghum producers manage risk, plan for the future, and stay competitive. We’re grateful to Chairman Boozman and other leaders in the Senate Ag Committee who ensured these priorities were part of the final bill.”

    Nuclear Energy Institute President and CEO Maria Korsnick: “We applaud the U.S. Senate for advancing policies that recognize the important role of nuclear energy to achieve a reliable, affordable and increasingly clean energy system. The Senate version of the budget reconciliation bill restores the nuclear power production tax credit through 2032, and the tax credits for new nuclear generation through 2033, with transferability retained for both. The Senate version also preserves the viability of the Loan Program Office by extending the program’s authority and funding from 2026 to 2028, although the appropriation of $1B is less than available under current law. Maintaining the tax provisions in the Senate bill will continue to address economic hurdles and provide confidence to invest in today’s nuclear plants, while securing long-term, well-paying jobs. Further the bill allows us to continue down the path to achieve the Administration’s ambitious goals for deploying new, cutting-edge nuclear technologies that will meet the growing demand for more reliable energy.”

    Philanthropy Roundtable COO Elizabeth McGuigan: “Now more than ever, we need a strong, vibrant civil society. Government spending is shrinking – which is a good thing – and generous Americans are ready and willing to support causes and communities around the country. We’re especially grateful for the leadership of President Donald J. Trump, whose pro-growth, pro-America agenda continues to inspire strong economic stewardship. We encourage the House to pass the Senate bill quickly and without changes.”

    RATE Coalition Executive Director Dan Combs: “Today’s vote is a major win for workers, businesses, and the American economy as a whole. By preserving the 21 percent corporate tax rate, the Senate has reaffirmed its commitment to a competitive tax code that drives investment, fuels job growth, and ensures the U.S. remains the best country in the world to start and grow a business.  We applaud this strong, pro-growth action and urge lawmakers to expeditiously finalize the legislation and send it to President Trump’s desk without delay.”

    Small Business & Entrepreneurship Council President and CEO Karen Kerrigan: “We commend Republican Senate leaders for their tireless work in getting the ‘One Big Beautiful Bill Act’ to this critical stage for America’s small business owners and entrepreneurs. Their commitment to advancing this powerful package shows incredible dedication to the success of Main Street businesses across the country and to the future of U.S. entrepreneurship. Now, House members must focus on the widespread gains in the legislation for the U.S. economy, workers, families, and small business owners. We urge the House to promptly pass the bill so it can be signed by President Trump.”

    Steel Manufacturers Association: “Congratulations to the @SenateGOP for passing H.R. 1! The bill will make historic investments in Americans, our workers, our communities and our economy will all benefit.”

    The LIBRE Initiative President Daniel Garza: “We commend the Senate for passing H.R. 1 to make the Trump tax cuts permanent—measures that have proven to deliver real benefits to hardworking families, job creators, and entrepreneurs across the country. For Latinos—who are starting businesses at a notable rate and powering local economies—this bill is not just good policy, it’s essential.  By making the low tax rates and small business provisions permanent, this legislation helps ensure that Latino workers, small business owners, and families can thrive with greater certainty, flexibility, and opportunity. Tax relief allows families to keep more of what they earn, invest in their future, and weather economic uncertainty with confidence. We applaud the Senate for sending a clear message that the American Dream remains alive and within reach for all—especially those working hard to build a better life.”

    U.S. Chamber of Commerce EVP and Chief Policy Officer Neil Bradley: “With today’s vote, the Senate has taken decisive action to deliver the kind of permanent tax relief the American business community has been calling for. The tax provisions included in this bill will not only drive economic growth and sharpen America’s competitive edge but also put more money in workers’ pockets, increasing prosperity in communities across the country. The Chamber thanks Leader Thune, Chairman Crapo, and all who are working to make the pro-growth reforms of the 2017 Tax Cuts and Jobs Act permanent, including the deduction for domestic R&D expenditures, 100% bonus depreciation for certain business investments, and an expanded business interest limitation. The Chamber applauds the Senate for voting to make these provisions permanent features of the tax code. We urge lawmakers to swiftly pass the OBBBA and deliver it to President Trump to be signed into law.”

    USA Rice Farmers Chair LG Raun: “USA Rice applauds the Senate for passing the OBBB Act including a historic and critical investment in the farm safety net. We urge the House of Representatives to take up and pass this bill with the key ag investments before the 4th of July.”

    Wine & Spirits Wholesalers of America President and CEO Francis Creighton: “On behalf of the Wine & Spirits Wholesalers of America, I want to thank the United States Senate for passing President Trump’s One Big Beautiful Bill Act under Section 198A. This critical legislation empowers America’s family-owned wholesalers to reinvest, compete, and thrive. We urge the U.S. House to act swiftly and send this bill to the President’s desk without delay.”

    MIL OSI USA News

  • US Senate passes Trump’s sweeping tax-and spending bill, setting up House battle

    Source: Government of India

    Source: Government of India (4)

    U.S. Senate Republicans passed President Donald Trump’s massive tax-and-spending bill on Tuesday by the narrowest of margins, advancing a package that would slash taxes, reduce social safety net programs and boost military and immigration enforcement spending while adding $3.3 trillion to the national debt.

    The legislation now heads to the House of Representatives for possible final approval, though a handful of Republicans there have already voiced opposition to some of the Senate provisions. Trump wants to sign it into law by the July 4 Independence Day holiday, and House Speaker Mike Johnson said in a statement that he aimed to meet that deadline.

    The measure would extend Trump’s 2017 tax cuts, give new tax breaks for income from tips and overtime pay and increase spending on the military and immigration enforcement. It also would cut about $930 billion of spending on the Medicaid health program and food aid for low-income Americans and repeal many of Democratic former President Joe Biden’s green-energy incentives.

    The legislation, which has exposed Republican divides over the nation’s fast-growing $36.2 trillion debtwould raise the federal government’s self-imposed debt ceiling by $5 trillion. Congress must raise the cap in the coming months or risk a devastating default.

    The Senate passed the measure in a 51-50 vote with Vice President JD Vance breaking a tie after three Republicans – Thom Tillis of North Carolina, Susan Collins of Maine and Rand Paul of Kentucky – joined all 47 Democrats in voting against the bill.

    The vote followed an all-night debate in which Republicans grappled with the bill’s price tag and its impact on the U.S. healthcare system.

    Much of the late horse-trading was aimed at winning over Republican Senator Lisa Murkowski of Alaska, who had signaled she would vote against the bill without significant alterations.

    The final Senate bill included two provisions that helped secure her vote: one that sends more food-aid funding to Alaska and several other states, and another providing $50 billion to help rural hospitals cope with the sweeping cuts to Medicaid.

    Following the vote, Murkowski issued a statement calling it one of the hardest of her Senate career said she had voted yes despite some continued reservations.

    “This has been an awful process — a frantic rush to meet an artificial deadline that has tested every limit of this institution,” she said. “This bill needs more work across chambers and is not ready for the President’s desk.”

    ‘NOT FISCAL RESPONSIBILITY’

    The vote in the House, where Republicans hold a 220-212 majority, is likely to be close.

    A White House official told reporters that Trump would be “deeply involved” in pushing House Republicans to approve the bill.

    “It’s a great bill. There is something for everyone,” Trump said at an event in Florida on Tuesday. “And I think it’s going to go very nicely in the House.”

    An initial version passed with only two votes to spare in May, and several House Republicans have said they do not support the Senate version, which the nonpartisan Congressional Budget Office estimates will add $800 billion more to the national debt than the House version.

    Republicans have struggled to balance conservatives’ demands for deeper spending cuts to reduce the impact on the deficit with moderate lawmakers’ concerns that the Medicaid cuts could hurt their constituents, including service cutbacks in rural areas.

    The House Freedom Caucus, a group of hardline conservatives who repeatedly threatened to withhold their support for the tax bill, has criticized the Senate version’s price tag.

    “There’s a significant number who are concerned,” Republican Representative Chip Roy, a member of the Freedom Caucus, said of the Senate bill.

    A group of more moderate House Republicans, especially those who represent lower-income areas, have objected to the steeper Medicaid cuts in the Senate’s plan.

    Meanwhile, Republicans have faced separate concerns from a handful of House Republicans from high-tax states, including New York, New Jersey and California, who have demanded a larger tax break for state and local tax payments.

    The legislation has also drawn criticism from billionaire Elon Muskthe former Trump ally who has railed against the bill’s enormous cost and vowed to back challengers to Republican lawmakers in next year’s midterm elections.

    House Democrats are expected to remain unanimously opposed to the bill.

    “This is the largest assault on American healthcare in history,” House Democratic Leader Hakeem Jeffries told reporters. “It’s the largest assault on nutrition in American history.”

    TAX BREAKS, IMMIGRATION CRACKDOWN, TIGHTER BENEFITS

    The Senate bill would deliver some of its biggest benefits to the top 1% of U.S. households, earning $663,000 or more in 2025, according to the Tax Foundation. These high earners would gain the most from the bill’s tax cuts, the CBO has said.

    Independent analysts have said the bill’s tightening of eligibility for food and health safety net programs would effectively reduce poor Americans’ incomes and increase their costs for food and healthcare. The nonpartisan Congressional Budget Office forecast that nearly 12 million more people would become uninsured under the Senate plan.

    The bill’s increase in the national debt effectively serves as a wealth transfer from younger to older Americans, nonpartisan analysts have said.

    Senate Democratic Leader Chuck Schumer said the vote “covered this chamber in shame,” adding that the bill would be “ripping health care away from millions of Americans, taking the food out of the mouths of hungry kids.”

    Republicans rejected the cost estimate generated by the CBO’s longstanding methodology and have argued the Medicaid cuts would only root out “waste, fraud and abuse” from the system.

    Following the vote, Senate Majority Leader John Thune said the bill “will permanently extend tax relief for hard-working Americans…that will spur economic growth and more jobs and opportunities for American workers.”

    -REUTERS

  • US Senate passes Trump’s sweeping tax-and spending bill, setting up House battle

    Source: Government of India

    Source: Government of India (4)

    U.S. Senate Republicans passed President Donald Trump’s massive tax-and-spending bill on Tuesday by the narrowest of margins, advancing a package that would slash taxes, reduce social safety net programs and boost military and immigration enforcement spending while adding $3.3 trillion to the national debt.

    The legislation now heads to the House of Representatives for possible final approval, though a handful of Republicans there have already voiced opposition to some of the Senate provisions. Trump wants to sign it into law by the July 4 Independence Day holiday, and House Speaker Mike Johnson said in a statement that he aimed to meet that deadline.

    The measure would extend Trump’s 2017 tax cuts, give new tax breaks for income from tips and overtime pay and increase spending on the military and immigration enforcement. It also would cut about $930 billion of spending on the Medicaid health program and food aid for low-income Americans and repeal many of Democratic former President Joe Biden’s green-energy incentives.

    The legislation, which has exposed Republican divides over the nation’s fast-growing $36.2 trillion debtwould raise the federal government’s self-imposed debt ceiling by $5 trillion. Congress must raise the cap in the coming months or risk a devastating default.

    The Senate passed the measure in a 51-50 vote with Vice President JD Vance breaking a tie after three Republicans – Thom Tillis of North Carolina, Susan Collins of Maine and Rand Paul of Kentucky – joined all 47 Democrats in voting against the bill.

    The vote followed an all-night debate in which Republicans grappled with the bill’s price tag and its impact on the U.S. healthcare system.

    Much of the late horse-trading was aimed at winning over Republican Senator Lisa Murkowski of Alaska, who had signaled she would vote against the bill without significant alterations.

    The final Senate bill included two provisions that helped secure her vote: one that sends more food-aid funding to Alaska and several other states, and another providing $50 billion to help rural hospitals cope with the sweeping cuts to Medicaid.

    Following the vote, Murkowski issued a statement calling it one of the hardest of her Senate career said she had voted yes despite some continued reservations.

    “This has been an awful process — a frantic rush to meet an artificial deadline that has tested every limit of this institution,” she said. “This bill needs more work across chambers and is not ready for the President’s desk.”

    ‘NOT FISCAL RESPONSIBILITY’

    The vote in the House, where Republicans hold a 220-212 majority, is likely to be close.

    A White House official told reporters that Trump would be “deeply involved” in pushing House Republicans to approve the bill.

    “It’s a great bill. There is something for everyone,” Trump said at an event in Florida on Tuesday. “And I think it’s going to go very nicely in the House.”

    An initial version passed with only two votes to spare in May, and several House Republicans have said they do not support the Senate version, which the nonpartisan Congressional Budget Office estimates will add $800 billion more to the national debt than the House version.

    Republicans have struggled to balance conservatives’ demands for deeper spending cuts to reduce the impact on the deficit with moderate lawmakers’ concerns that the Medicaid cuts could hurt their constituents, including service cutbacks in rural areas.

    The House Freedom Caucus, a group of hardline conservatives who repeatedly threatened to withhold their support for the tax bill, has criticized the Senate version’s price tag.

    “There’s a significant number who are concerned,” Republican Representative Chip Roy, a member of the Freedom Caucus, said of the Senate bill.

    A group of more moderate House Republicans, especially those who represent lower-income areas, have objected to the steeper Medicaid cuts in the Senate’s plan.

    Meanwhile, Republicans have faced separate concerns from a handful of House Republicans from high-tax states, including New York, New Jersey and California, who have demanded a larger tax break for state and local tax payments.

    The legislation has also drawn criticism from billionaire Elon Muskthe former Trump ally who has railed against the bill’s enormous cost and vowed to back challengers to Republican lawmakers in next year’s midterm elections.

    House Democrats are expected to remain unanimously opposed to the bill.

    “This is the largest assault on American healthcare in history,” House Democratic Leader Hakeem Jeffries told reporters. “It’s the largest assault on nutrition in American history.”

    TAX BREAKS, IMMIGRATION CRACKDOWN, TIGHTER BENEFITS

    The Senate bill would deliver some of its biggest benefits to the top 1% of U.S. households, earning $663,000 or more in 2025, according to the Tax Foundation. These high earners would gain the most from the bill’s tax cuts, the CBO has said.

    Independent analysts have said the bill’s tightening of eligibility for food and health safety net programs would effectively reduce poor Americans’ incomes and increase their costs for food and healthcare. The nonpartisan Congressional Budget Office forecast that nearly 12 million more people would become uninsured under the Senate plan.

    The bill’s increase in the national debt effectively serves as a wealth transfer from younger to older Americans, nonpartisan analysts have said.

    Senate Democratic Leader Chuck Schumer said the vote “covered this chamber in shame,” adding that the bill would be “ripping health care away from millions of Americans, taking the food out of the mouths of hungry kids.”

    Republicans rejected the cost estimate generated by the CBO’s longstanding methodology and have argued the Medicaid cuts would only root out “waste, fraud and abuse” from the system.

    Following the vote, Senate Majority Leader John Thune said the bill “will permanently extend tax relief for hard-working Americans…that will spur economic growth and more jobs and opportunities for American workers.”

    -REUTERS

  • US Senate passes Trump’s sweeping tax-and spending bill, setting up House battle

    Source: Government of India

    Source: Government of India (4)

    U.S. Senate Republicans passed President Donald Trump’s massive tax-and-spending bill on Tuesday by the narrowest of margins, advancing a package that would slash taxes, reduce social safety net programs and boost military and immigration enforcement spending while adding $3.3 trillion to the national debt.

    The legislation now heads to the House of Representatives for possible final approval, though a handful of Republicans there have already voiced opposition to some of the Senate provisions. Trump wants to sign it into law by the July 4 Independence Day holiday, and House Speaker Mike Johnson said in a statement that he aimed to meet that deadline.

    The measure would extend Trump’s 2017 tax cuts, give new tax breaks for income from tips and overtime pay and increase spending on the military and immigration enforcement. It also would cut about $930 billion of spending on the Medicaid health program and food aid for low-income Americans and repeal many of Democratic former President Joe Biden’s green-energy incentives.

    The legislation, which has exposed Republican divides over the nation’s fast-growing $36.2 trillion debtwould raise the federal government’s self-imposed debt ceiling by $5 trillion. Congress must raise the cap in the coming months or risk a devastating default.

    The Senate passed the measure in a 51-50 vote with Vice President JD Vance breaking a tie after three Republicans – Thom Tillis of North Carolina, Susan Collins of Maine and Rand Paul of Kentucky – joined all 47 Democrats in voting against the bill.

    The vote followed an all-night debate in which Republicans grappled with the bill’s price tag and its impact on the U.S. healthcare system.

    Much of the late horse-trading was aimed at winning over Republican Senator Lisa Murkowski of Alaska, who had signaled she would vote against the bill without significant alterations.

    The final Senate bill included two provisions that helped secure her vote: one that sends more food-aid funding to Alaska and several other states, and another providing $50 billion to help rural hospitals cope with the sweeping cuts to Medicaid.

    Following the vote, Murkowski issued a statement calling it one of the hardest of her Senate career said she had voted yes despite some continued reservations.

    “This has been an awful process — a frantic rush to meet an artificial deadline that has tested every limit of this institution,” she said. “This bill needs more work across chambers and is not ready for the President’s desk.”

    ‘NOT FISCAL RESPONSIBILITY’

    The vote in the House, where Republicans hold a 220-212 majority, is likely to be close.

    A White House official told reporters that Trump would be “deeply involved” in pushing House Republicans to approve the bill.

    “It’s a great bill. There is something for everyone,” Trump said at an event in Florida on Tuesday. “And I think it’s going to go very nicely in the House.”

    An initial version passed with only two votes to spare in May, and several House Republicans have said they do not support the Senate version, which the nonpartisan Congressional Budget Office estimates will add $800 billion more to the national debt than the House version.

    Republicans have struggled to balance conservatives’ demands for deeper spending cuts to reduce the impact on the deficit with moderate lawmakers’ concerns that the Medicaid cuts could hurt their constituents, including service cutbacks in rural areas.

    The House Freedom Caucus, a group of hardline conservatives who repeatedly threatened to withhold their support for the tax bill, has criticized the Senate version’s price tag.

    “There’s a significant number who are concerned,” Republican Representative Chip Roy, a member of the Freedom Caucus, said of the Senate bill.

    A group of more moderate House Republicans, especially those who represent lower-income areas, have objected to the steeper Medicaid cuts in the Senate’s plan.

    Meanwhile, Republicans have faced separate concerns from a handful of House Republicans from high-tax states, including New York, New Jersey and California, who have demanded a larger tax break for state and local tax payments.

    The legislation has also drawn criticism from billionaire Elon Muskthe former Trump ally who has railed against the bill’s enormous cost and vowed to back challengers to Republican lawmakers in next year’s midterm elections.

    House Democrats are expected to remain unanimously opposed to the bill.

    “This is the largest assault on American healthcare in history,” House Democratic Leader Hakeem Jeffries told reporters. “It’s the largest assault on nutrition in American history.”

    TAX BREAKS, IMMIGRATION CRACKDOWN, TIGHTER BENEFITS

    The Senate bill would deliver some of its biggest benefits to the top 1% of U.S. households, earning $663,000 or more in 2025, according to the Tax Foundation. These high earners would gain the most from the bill’s tax cuts, the CBO has said.

    Independent analysts have said the bill’s tightening of eligibility for food and health safety net programs would effectively reduce poor Americans’ incomes and increase their costs for food and healthcare. The nonpartisan Congressional Budget Office forecast that nearly 12 million more people would become uninsured under the Senate plan.

    The bill’s increase in the national debt effectively serves as a wealth transfer from younger to older Americans, nonpartisan analysts have said.

    Senate Democratic Leader Chuck Schumer said the vote “covered this chamber in shame,” adding that the bill would be “ripping health care away from millions of Americans, taking the food out of the mouths of hungry kids.”

    Republicans rejected the cost estimate generated by the CBO’s longstanding methodology and have argued the Medicaid cuts would only root out “waste, fraud and abuse” from the system.

    Following the vote, Senate Majority Leader John Thune said the bill “will permanently extend tax relief for hard-working Americans…that will spur economic growth and more jobs and opportunities for American workers.”

    -REUTERS

  • MIL-OSI: Plains All American’s 2024 Schedule K-3 Now Available

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) (the “Partnership”) announced today that its 2024 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/plainsallamerican.

    A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor.

    To receive an electronic copy of your Schedule K-3 via email, unitholders may call Tax Package Support toll free at (866) 872-2829.

    About Plains:
    PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGL). PAA owns an extensive network of pipeline gathering and transportation systems, in addition to terminalling, storage, processing, fractionation and other infrastructure assets serving key producing basins, transportation corridors and major market hubs and export outlets in the United States and Canada. On average, PAA handles approximately 8 million barrels per day of crude oil and NGL.

    PAGP is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North America.

    PAA and PAGP are headquartered in Houston, Texas. More information is available at www.plains.com.

    Investor Relations Contacts:
    Blake Fernandez
    Michael Gladstein
    PlainsIR@plains.com
    (866) 809-1291

    The MIL Network

  • MIL-OSI: Plains All American’s 2024 Schedule K-3 Now Available

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) (the “Partnership”) announced today that its 2024 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/plainsallamerican.

    A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor.

    To receive an electronic copy of your Schedule K-3 via email, unitholders may call Tax Package Support toll free at (866) 872-2829.

    About Plains:
    PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGL). PAA owns an extensive network of pipeline gathering and transportation systems, in addition to terminalling, storage, processing, fractionation and other infrastructure assets serving key producing basins, transportation corridors and major market hubs and export outlets in the United States and Canada. On average, PAA handles approximately 8 million barrels per day of crude oil and NGL.

    PAGP is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North America.

    PAA and PAGP are headquartered in Houston, Texas. More information is available at www.plains.com.

    Investor Relations Contacts:
    Blake Fernandez
    Michael Gladstein
    PlainsIR@plains.com
    (866) 809-1291

    The MIL Network

  • MIL-OSI: Guggenheim Investments Announces July 2025 Closed-End Fund Distributions

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

    The following dates apply to the distributions:
    Record Date July 15, 2025
    Ex-Dividend Date July 15, 2025
    Payable Date July 31, 2025
    Distribution Schedule
    NYSE
    Ticker
    Closed-End Fund Name Distribution
    Per Share
    Change from Previous
    Distribution
    Frequency
    AVK Advent Convertible and Income Fund $0.1172   Monthly
    GBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573   Monthly
    GOF Guggenheim Strategic Opportunities Fund $0.1821   Monthly
    GUG Guggenheim Active Allocation Fund $0.11875   Monthly


    A portion of this distribution is estimated to be a return of capital rather than income. Final determination of the character of distributions will be made at year-end. The Section 19(a) notice referenced below provides more information and can be found at www.guggenheiminvestments.com.

    You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Distribution Policy.

    Past performance is not indicative of future performance. As of this announcement, the sources of each fund distribution are estimates. Distributions may be paid from sources of income other than ordinary income, such as short-term capital gains, long-term capital gains or return of capital. Unless otherwise noted, the distributions above are not anticipated to include a return of capital. If a distribution consists of something other than ordinary income, a Section 19(a) notice detailing the anticipated source(s) of the distribution will be made available. The Section 19(a) notice will be posted to a Fund’s website and to the Depository Trust & Clearing Corporation so that brokers can distribute such notices to Shareholders of the Fund. Section 19(a) notices are provided for informational purposes only and not for tax reporting purposes. The final determination of the source and tax characteristics of all distributions will be made after the end of the year. This information is not legal or tax advice. Consult a professional regarding your specific legal or tax matters.

    About Guggenheim Investments 
    Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, LLC (“Guggenheim”), with more than $246 billion* in assets under management across fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 220+ investment professionals perform rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification opportunities and attractive long-term results.

    Guggenheim Investments includes Guggenheim Funds Investment Advisors, LLC (“GFIA”), Guggenheim Partners Investment Management, LLC (“GPIM”) and Guggenheim Funds Distributors, LLC (“GFD”). GFIA serves as Investment Adviser for GBAB, GOF and GUG. GPIM serves as Investment Sub-Adviser for GBAB, GOF and GUG. GFD serves as servicing agent for AVK. The Investment Adviser for AVK is Advent Capital Management, LLC and is not affiliated with Guggenheim.

    *Assets under management are as of 3.31.2025 and include leverage of $15.2bn. Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Wealth Solutions, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Private Investments, LLC.

    This information does not represent an offer to sell securities of the Funds and it is not soliciting an offer to buy securities of the Funds. There can be no assurance that the Funds will achieve their investment objectives. Investments in the Funds involve operating expenses and fees. The net asset value of the Funds will fluctuate with the value of the underlying securities. It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value. Past performance is not indicative of future performance. An investment in closed-end funds is subject to investment risk, including the possible loss of the entire amount that you invest. Some general risks and considerations associated with investing in a closed-end fund may include: Investment and Market Risk; Lower Grade Securities Risk; Equity Securities Risk; Foreign Securities Risk; Interest Rate Risk; Illiquidity Risk; Derivative Risk; Management Risk; Anti-Takeover Provisions; Market Disruption Risk and Leverage Risk. See www.guggenheiminvestments.com/cef for a detailed discussion of Fund-specific risks.

    Investors should consider the investment objectives and policies, risk considerations, charges and expenses of any investment before they invest. For this and more information, visit www.guggenheiminvestments.com or contact a securities representative or Guggenheim Funds Distributors, LLC 227 West Monroe Street, Chicago, IL 60606, 800-345-7999.

    Analyst Inquiries 
    William T. Korver
    cefs@guggenheiminvestments.com

    Not FDIC-Insured | Not Bank-Guaranteed | May Lose Value
    Member FINRA/SIPC (07/25) 65312

    The MIL Network

  • MIL-OSI USA: July 1st, 2025 Heinrich Votes Against Republicans’ Big, Beautiful Betrayal of New Mexico Families to Give Tax Handouts to Billionaires

    US Senate News:

    Source: United States Senator for New Mexico Martin Heinrich
    WASHINGTON — U.S. Senator Martin Heinrich (D-N.M.) stood up for New Mexico families by voting against Senate Republicans’ budget reconciliation that funds Republicans’ tax handouts for billionaires at the expense of working people.
    For over 27 hours, Heinrich pushed to amend Republicans’ reconciliation legislation, repeatedly voting to lower costs for families, block cuts to Medicaid, protect rural hospitals in New Mexico, extend tax credits for health care premiums, and prevent millions of Americans from losing their health insurance.
    “The largest cut to Medicaid in American history. The largest transfer of wealth to the rich in American history. The largest cut to food assistance in American history. The largest increase to the national deficit in American history: That’s what this bill represents. And it has one effect — billionaires win, American families lose. It’s a betrayal of working families masquerading as legislation.
    “If signed into law, this bill will hike electricity bills, leave tens of millions uninsured, cut food assistance for millions more, shutter hundreds of nursing homes, force rural hospitals to close, and send health insurance premiums soaring. The consequences of this bill will be deadly — and Republicans will own every single one.
    “Senate Republicans had a choice: stand with working families or bend to billionaires. They chose greed, cruelty, and a callous disregard for the people they represent. New Mexicans and all Americans will suffer for it. I urge all Americans to raise their voices and call on their elected leaders in the House of Representatives to stop this disaster before it becomes law.”
    Last night, Senate Republicans blocked Heinrich’s efforts to:
    Fight Increasing Costs
    Senate Republicans voted against:
    Lowering health care costs for working families and small businesses and ensuring the wealthy and big corporations pay their fair share in taxes.
    Protecting food assistance for kids, veterans, and seniors, including 223,000 New Mexicans from losing all or part of their Supplemental Nutrition Assistance Program (SNAP) benefits in just the first year this bill is enacted into law.
    Preventing cuts to Medicaid that could lead to increased costs for people with private insurance.
    Increasing the Child Tax Credit by ensuring the wealthy and big corporations pay their fair share in taxes.
    Lower energy prices for families and small businesses by preserving the Inflation Reduction Act’s clean energy tax credits.
    Providing permanent tax relief for overtime wages for working class Americans.
    Protect families and small businesses from cost increases by ending the trade war with Canada.
    Preventing any policy changes that raise the cost of electricity prices.

    Protect Rural Hospitals
    Senate Republicans voted against:
    Preventing rural hospitals from closing, converting, reducing, or stopping services, including emergency care, mental health care, and labor and delivery services.
    As a result, this bill could cause 6 to 8 rural hospitals to close in New Mexico, according to the New Mexico Hospital Association.

    Protect Medicaid
    Senate Republicans voted against:
    Stopping cuts to Medicaid and preventing over 90,000 New Mexicans from losing their coverage within the first year alone.
    Stopping cuts to Medicaid that put 4 four nursing homes in New Mexico at risk of closure.
    Stopping cuts to Medicaid that help fund substance use disorder treatment.
    Protecting millions of Americans from losing their health care as a result of new administrative burdens and paperwork requirements.
    Extending the health care premium tax credits created in the Affordable Care Act to prevent millions of people from losing health insurance.
    Keeping labor and delivery units open by stopping cuts to Medicaid that fund 40% of births nationwide and nearly 50% of births in rural communities.
    Ensuring access to reproductive care — including cancer screenings and birth control – by keeping Planned Parenthood funded.
    Expanding Medicaid to cover dental, vision, and hearing and to cut the price of prescription drugs under Medicare in half.

    Protect Our National Security
    Senate Republicans voted against:
    The financial, health, and well-being of our nation’s veterans by prohibiting any federal agency from carrying out mass firings of veterans.

    Prioritize Working Families Over Billionaires
    Senate Republicans voted against:
    Preventing tax handouts for people making over $10 million a year.
    Preventing tax handouts for people and corporations making over $100 million a year.
    Preventing tax handouts for people making over $500 million a year.
    Preventing tax handouts for people making over $1 billion a year.
    Preventing tax handouts for corporations making over $1 billion a year.
    Preventing more than $37 trillion from being added to the debt in 30 years—more debt than has accumulated over the past 249 years.

    Below is a list of amendments that Heinrich filed to amend Republicans’ budget resolution to cut taxes for billionaires at the expense of working people:
    Amendment to stop a new burdensome requirement that could strip health care from 64,000 New Mexicans on Medicaid.
    Amendment to stop a $268 million cost shift that could force New Mexico to cut SNAP benefits and kick families off their food assistance.
    Amendment to protect food assistance for hundreds of thousands of New Mexicans by stopping harsh, burdensome work requirements that would cut SNAP benefits for families, including 39,790 New Mexicans who could lose their benefits altogether.
    Amendment to expand Medicare to cover dental, vision and hearing and cut prescription drug prices under Medicare by 50%.
    Amendment to ensure no increase in cost for middle class families or individuals using Medicaid, CHIP, or private insurance marketplaces established by the ACA.
    Amendment to lower student loan payments by blocking a plan to force borrowers into a more expensive repayment option.
    Amendment to protect students from losing their Pell Grants to cover the cost of rising tuition costs.
    Amendment to protect a tax credit that helps families keep energy costs low by incentivizing clean energy upgrades like installing home heat pumps.
    Amendment to protect a tax credit that helps families save on energy bills and make their homes more comfortable and energy efficient.
    Amendment to protect a tax credit that incentivizes developers and home builders to build energy-efficient homes.
    Amendment to remove a provision in the bill that bars workers providing Medicaid home- and community-based services from obtaining job-based health insurance, retirement benefits, skills training, and the option to have a voice on the job through a union.
    Amendment to save the Inflation Reduction Act’s EPA Clean Heavy-Duty Vehicles grant program that makes our air cleaner, improves public health, spurs important energy and fuel savings for public school districts, and creates high-quality jobs.
    Amendment to protect funding for air pollution reductions, greenhouse gas corporate reporting, methane emissions and waste reduction, environmental and climate justice block grants.
    Amendment to protect the $7,500 clean vehicle tax credit to help Americans with the upfront cost of electric vehicles.
    Amendment to provide $200 million in economic assistance for facilities and businesses harmed by the New World screwworm outbreak.
    Amendment to provide $500 million to combat the spread of and eradicate the New World screwworm through surveillance, training, biosecurity, research, and the construction of sterile fly production and dispersal facilities.
    Amendment to protect mixed-status families by removing unjust new vetting rules that discourage adults from sponsoring unaccompanied children in need of care.
    Amendment to eliminate $2 billion in wasteful spending for the Department of Homeland Security (DHS), which would fund unjust, extreme immigration enforcement measures that target vulnerable migrants and expand deportation efforts.
    Amendment to block nearly $30 billion from funding U.S. Immigration and Customs’ (ICE) extreme and unconstitutional immigration enforcement agenda.
    Amendment to stop steep new immigration fees that would block immigrants from applying for legal status and push more strain onto New Mexico border communities and law enforcement.
    Amendment to stop $46 billion in wasteful spending on President Trump’s border wall, which bypasses environmental regulations and threatens important wildlife habitats for dozens of endangered species, including Mexican gray wolves in New Mexico and Arizona.
    Amendment to shift funding away from unproductive, invasive background checks on immigrant families and instead invest in child welfare professionals at DHS to ensure unaccompanied kids receive safe, supportive care.
    Amendment to ban the President, Vice President, Senate-appointed Executive Branch Officials, Members of Congress, Special Government Employees, and their spouses and children from directly or indirectly issuing or profiting from cryptocurrencies.
    Below is a total list of amendments that Heinrich filed in his capacity as Ranking Member of the Senate Energy and Natural Resources Committee to amend Republicans’ budget resolution to cut taxes for billionaires at the expense of working people:
    Amendment to ensure meaningful Tribal consultation occurs on federal oil and gas leasing projects.
    Amendment that decouples Bureau of Land Management’s (BLM) oil and gas leasing from renewable energy approvals.
    Amendment to protect clean energy manufacturing jobs.
    Amendment striking metallurgical coal from 45X Advanced Manufacturing Tax Credit, which has no phase out.
    Amendment prohibiting companies from receiving a royalty rate reduction authorized under OBBB if the price of oil rises above the price at the time of enactment, protecting taxpayers from high oil prices and pain at the pump.
    Amendment to strike provisions that would increase electricity prices on American households and force a debate on how OBBB raises costs.
    Amendment to strike the new Loan Program Office (LPO) title named “Energy Dominance Financing, which will give $1 billion to fund only coal, oil and gas projects, instead of opening financing to cleaner, cheaper energy options.
    Amendment reserving $100 million for Tribal Energy Projects from the $1 billion provided for “Energy Dominance Financing” program.
    Amendment to strike $1 billion from “Energy Dominance Financing,” which primarily finance coal, oil, and gas projects.
    Amendment grandfathering LPO pipeline projects in “Energy Dominance Financing,” ensuring that projects currently in LPO’s pipeline are still considered under the new program.
    Amendment eliminating Inflation Reduction Act recissions.
    Amendment to strike provision that expands oil and gas leasing in the National Preserve in Alaska, to protect Alaskan lands from additional leases.
    In February, Heinrich attempted to amend Republicans’ resolution by offering an amendment to reinstate blocked grants for survivors of sexual assault and domestic violence and ensure law enforcement can hold predators and abusers accountable. Republicans voted against his amendment. Watch Heinrich’s video here.

    MIL OSI USA News

  • MIL-OSI USA: Grassley Votes to Deliver Tax Relief for Iowa Families and Small Businesses, Secure the Border and Enact America First Agenda

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley
    WASHINGTON – Sen. Chuck Grassley (R-Iowa) today voted to pass the One Big Beautiful Bill Act to protect Iowans from being hit with the largest tax increase in history and provide historic investments in border security and law enforcement. The legislation will now receive a vote in the House of Representatives before heading to President Trump’s desk to be signed into law. 
    “In November, Americans gave President Trump a mandate to fix the economy and secure the border. The One Big Beautiful Bill Act delivers a resounding victory for the American people, enacting the America First policies that President Trump and congressional Republicans promised. Together, we’re preventing the largest tax increase in the history of our country and giving relief to the small businesses that are the backbone of our economy. As a lifelong family farmer, I’m proud our bill will also deliver a modernized farm safety net that gives Iowa farmers the certainty they need,” Grassley said. 
    “As Chairman of the Senate Judiciary Committee, I oversaw the bill’s measures to make monumental investments in our immigration system, border security and law enforcement. The One Big Beautiful Bill Act will provide safety and prosperity for American families for generations, and I urge my colleagues in the House to quickly get this bill to the President’s desk,” Grassley continued. 
    Background:
    This legislation prevents a more than $4 trillion tax hike on American families and workers by making the 2017 Trump tax cuts permanent, ahead of their previously projected expiration on December 31, 2025. Moreover, it further reduces their taxes by increasing the child tax credit, eliminating taxes on tips and overtime and providing additional tax relief to seniors.  
    It also updates the farm safety net to provide family farmers certainty, so they can continue producing crops to feed and fuel America and the world. 
    The legislation includes many additional wins for Iowa, such as an extension and reforms to the Clean Fuels Production Tax Credit that puts farmers first by eliminating subsidies for foreign feedstocks. It also provides relief to help small biodiesel plants in Iowa get back up and running. Grassley secured an important victory for the wind and solar industries by getting the creation of a punitive new tax on wind and solar stricken from the bill.
    In his capacity as Judiciary Chairman, Grassley spearheaded large portions of the legislation that strengthen America’s border security and immigration system and support law enforcement. 
    -30-

    MIL OSI USA News

  • MIL-OSI USA: Hoeven: Senate Passes One Big Beautiful Bill, Providing Permanent Tax Relief for American Families and Small Businesses

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven

    07.01.25

    Legislation Will Grow Economy, Bolster Border Security, Rebuild Military, Empower Energy Dominance and Support Farmers and Ranchers

    WASHINGTON – Senator John Hoeven today helped secure passage of the One Big Beautiful Bill, legislation to provide permanent tax relief for American families and small businesses, while delivering on key promises, including:

    • Securing the border. 
    • Rebuilding our military.
    • Supporting farmers and ranchers.
    • Unleashing American energy dominance.

    At the same time, the legislation finds savings of $1.6 trillion through common sense reforms and reducing waste, fraud and abuse, ultimately reducing the deficit by $507 billion.

    “The One Big Beautiful Bill will provide permanent tax relief, ensuring that Americans can keep more of their hard-earned dollars,” said Hoeven. “This legislation delivers on promises made by President Trump, including securing the border, investing in our military, empowering American energy dominance and supporting our farmers and ranchers. These are the priorities that will make our nation more prosperous and more secure.”

    Tax Relief for Families and Small Businesses

    The legislation permanently extends current individual tax rates and bracket changes of the Tax Cuts and Jobs Act, preserving $2.6 trillion in tax breaks for those earning under $400,000 per year, and preventing a $1,700 tax hike on the average family of four.

    The bill provides new and expanded tax deductions and credits for individuals, families and seniors, including:

    • No taxes on tips or overtime for millions of American workers.
    • Increasing and making permanent the enhanced child tax credit at $2,200, with $1,700 of that amount being refundable, adjusted for inflation.
    • Permanent relief from the death tax by setting the exemption to $15 million or $30 million for those married filing jointly, adjusted for inflation.
    • Savings accounts for newborns to help build financial security.
    • A new $6,000 tax deduction for millions of low- and middle-income seniors. Combined with other deductions, this will result in the average beneficiary paying zero taxes on Social Security

    The legislation helps small businesses, including agricultural producers and manufacturers invest in their operations by:

    • Permanently extending the Section 199A pass-through deduction for small businesses, farmers and ranchers.
      • Permanently extending the Section 199A(g) deduction used by agricultural cooperatives.
    • Increasing the Section 179 expensing amount to $2.5 million and increasing the phaseout for qualified property at $4 million.
    • Establishing a 100 percent accelerated depreciation for new industrial and manufacturing facilities that begin construction between 2025-2028.
    • Making permanent the 30 percent interest expense allowance.
    • Permanently extending the 100 percent domestic research and development deduction.
    • Making permanent 100 percent bonus depreciation.

    Support for Farmers and Ranchers

    The legislation provides strong support for the nation’s farmers and ranchers, and improves the farm-safety net to meet today’s markets and input costs by:

    • Increasing reference prices for ARC and PLC by 10% to 20% (specific increase varies by commodity).
    • Providing built-in future reference price increases with an inflation adjuster and improved price escalator formula to prevent reference prices from becoming outdated when market and input costs change.
    • New safety net begins right away – producers can receive the higher of the ARC or PLC payment for this crop year, 2025, with the new updated reference prices. North Dakota farmers will see tens of millions of dollars in relief in 2025 alone thanks to these updates.
    • Includes key provisions of Hoeven’s FARMER Act to strengthen and expand access to affordable crop insurance
      • Increases premium support for individual-based coverage across nearly all levels – starting at 55% — by an additional 3-5%.
      • Enhances the Supplemental Coverage Option by raising the coverage level from 86% to 90%, and boosts premium support from 65% to 80%.
    • Extends the sugar program through 2031, while increasing the sugar loan rate to meet current market conditions.
    • Improves livestock disaster programs
      • Sets Livestock Indemnity Program (LIP) payments at 100% of market value for losses from federally protected predators and 75% for weather and disease losses.
      • Improves the Livestock Forage Program (LFP) to provide one monthly payment to eligible producers with grazing land in counties rated D2 (severe drought) for at least four consecutive weeks and two payments if D2 persists during any seven of eight consecutive weeks within the normal grazing period.

    Unleashing U.S. Energy Dominance

    The One Big Beautiful Bill will help restore American energy dominance by rolling back burdensome Green New Deal policies and empowering domestic energy production, including:

    • Increasing the value of the 45Q tax credit for captured carbon used in enhanced oil recovery (EOR) and utilization to match that of sequestration.
    • Requiring the Interior Department to hold regular oil and gas lease sales across federal lands and waters.
    • Requiring the Bureau of Land Management (BLM) to act timely on coal lease applications.
    • Reducing the royalty rate for oil, gas and coal produced on federal land to their levels prior to the Biden administration’s tax-and-spend legislation.
    • Stopping the Biden-era natural gas tax.
    • Investing in the Strategic Petroleum Reserve.
    • Providing regulatory relief for energy producers and repeals Biden-era Green New Deal policies and programs.

    Bolstering the Military

    • $25 billion to support the Golden Dome initiative, with investments in hypersonic testing, ground-based radars, and space-based sensors that support North Dakota-based missions and capabilities.
    • $15 billion to enhance nuclear deterrence, including the nuclear missions based at Minot Air Force Base:
      •  $2.5 billion for the new Sentinel intercontinental ballistic missile (ICBM) program.
      • $500 million to sustain the existing Minuteman III ICBM.
      • $200 million for additional MH-1139 Grey Wolf helicopters.
    • Improves servicemembers’ quality of life through increased allowances and special pays, as well as improvements to housing, health care, childcare, and education.

    Securing the Border

    • Completes construction of the border wall, and upgrades barrier systems including access roads, cameras, lights, and sensors.
    • Improves border screening technology to help prevent drug trafficking and human smuggling.
    • Strong funding to hire and train more border security personnel.
    • Funds the Operation Stonegarden grant program to equip state and local law enforcements to cooperate with Border Patrol.
    • Invests in state and local capabilities to detect threats from unmanned aerial systems.

    Supporting Water Infrastructure

    • Provides $1 billion in funding for Bureau of Reclamation Water Conveyance Projects, including for eligible projects like the Eastern North Dakota Alternate Water Supply Project (ENDAWS).

    MIL OSI USA News

  • MIL-Evening Report: News laws to make it harder for large Australian and foreign companies to avoid paying tax

    Source: The Conversation (Au and NZ) – By Kerrie Sadiq, Professor of Taxation, QUT Business School, and ARC Future Fellow, Queensland University of Technology

    The Conversation, CC BY

    The beginning of the financial year means for the first time in Australia the public will see previously unreleased tax reports produced by multinational taxpayers.

    These documents, known as country-by-country reports, or CbCR for short, contain information about the tax practices of large Australian businesses and foreign businesses operating in Australia. This information, previously only available to the taxpayer and the Australian Tax Office, will be made public.

    Country-by-country reports, announced in the October 2022-2023 budget, were introduced with other measures designed to improve corporate tax behaviour. The reports will be released from this week as part of corporate reporting practices. Multinationals have 12 months to comply.

    A fairer tax system

    Country-by-country reporting forms part of the government’s multinational tax integrity election commitment package. The aim is to ensure a fairer and more sustainable tax system. Large firms will be required to publish a statement on their global activities plus tax information for each jurisdiction in which they operate.

    Until now, large multinationals only had to prepare annual consolidated financial statements under international financial reporting standards. The traditional reports aggregate results and provide limited geographic reporting information.

    Traditional high-level reporting allows multinationals to conceal their country-level activities. This hides questionable tax practices.

    Country-by-country reporting allows us to better see where a multinational operates. More importantly, the amount of activity in each jurisdiction is reported. The information provides clues as to whether artificial profit shifting has occurred.

    Anyone interested can uncover details about how multinationals structure their global operations. Information may reveal a misalignment between the company’s real economic presence in a country, the profits they book and taxes they pay in that country.

    Bringing Australia into line with the EU

    Country-by-country reporting is not new. It is the requirement that the information be made public that has changed.

    Australian firms have been required to provide such reports to the Australian Tax Office since 2016. However, the information has been confidential.

    The new public disclosure law brings Australia in line with large firms operating in the European Union which brought in the change last year.

    How country-by-country reporting works

    A taxpayer with annual global income above A$1 billion and at least A$10 million of its turnover Australian-sourced will need to produce a report. The obligation to disclose rests with the parent entity no matter where they are located.

    Australia’s largest companies, including mining giants Rio Tinto and BHP, biotech firm CSL, and investment bank Macquarie Group, will be among those expected to report, as will foreign tech behemoths such as Apple, Amazon, Microsoft and Meta.

    These tech giants are the same US firms likely to be excluded from the global minimum tax rules under a G7 agreement reached last week. Under the agreement, US multinationals were exempted from paying more corporate tax overseas. Other G7 members gave in to protect their own companies from the US’s threat of retaliation.

    Under the law change in Australia, a parent entity will provide its name, the names of all members of the group, a description of their approach to tax, and information about operations in certain countries. Included on the list are countries that attract multinationals due to reduced tax obligations, such as Singapore, Switzerland, and the Bahamas.

    Everyone will be able to see where a multinational is operating. They will also see the types of business activities conducted, number of employees, assets, revenue, and taxes paid. Large profits in a country but little business activity and very few employees may raise questions, especially if a country has a low tax rate.

    Benefits of better transparency

    Access to the extra information will help investors assess the tax and reputational risk of a firm. A multinational that shifts profits to low tax countries may be audited and pay extra tax and penalties.

    Increased transparency allows greater scrutiny. In turn, it is hoped multinationals will reduce aggressive tax planning due to potential risk to their reputation.

    If multinationals shift less taxable profits out of Australia to low-tax or no-tax jurisdictions, this will lead to Australia receiving a greater share of much needed corporate tax revenue.

    Reducing profit shifting

    Recent academic research on public country-by-country reporting reveals it provides additional information to better identify tax haven activity. However, it does not result in a significant drop in corporate tax avoidance.

    Increased tax transparency helps investors and tax authorities to better understand a multinational’s economic and tax geographic footprint. It is also important when it seems that US giants will be excluded from the 15% global minimum tax rules. Transparency by itself, however, does not lead to multinationals paying more corporate taxes.

    By its very nature, tax avoidance is legal but pushes the boundaries by going against the spirit of the law. Indeed, many large multinationals argue tax is a legal obligation and is not voluntary. They maintain they pay the tax required of them according to the law.

    Undoubtedly, Australia’s new public country-by-country regime is a positive step for tax transparency. As a country initiative, it has been applauded as groundbreaking and world leading. However, it is not a panacea to corporate tax avoidance.

    To limit corporate tax avoidance and have multinationals pay more corporate taxes, we must get to the heart of the problem. We must change the law that dictates the way multinationals are taxed.

    Kerrie Sadiq currently receives funding from the Australian Research Council. She has previously received research grants from CPA Australia and CAANZ.

    Rodney Brown has previously received research grants from CPA Australia and CAANZ.

    ref. News laws to make it harder for large Australian and foreign companies to avoid paying tax – https://theconversation.com/news-laws-to-make-it-harder-for-large-australian-and-foreign-companies-to-avoid-paying-tax-260004

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: News laws to make it harder for large Australian and foreign companies to avoid paying tax

    Source: The Conversation (Au and NZ) – By Kerrie Sadiq, Professor of Taxation, QUT Business School, and ARC Future Fellow, Queensland University of Technology

    The Conversation, CC BY

    The beginning of the financial year means for the first time in Australia the public will see previously unreleased tax reports produced by multinational taxpayers.

    These documents, known as country-by-country reports, or CbCR for short, contain information about the tax practices of large Australian businesses and foreign businesses operating in Australia. This information, previously only available to the taxpayer and the Australian Tax Office, will be made public.

    Country-by-country reports, announced in the October 2022-2023 budget, were introduced with other measures designed to improve corporate tax behaviour. The reports will be released from this week as part of corporate reporting practices. Multinationals have 12 months to comply.

    A fairer tax system

    Country-by-country reporting forms part of the government’s multinational tax integrity election commitment package. The aim is to ensure a fairer and more sustainable tax system. Large firms will be required to publish a statement on their global activities plus tax information for each jurisdiction in which they operate.

    Until now, large multinationals only had to prepare annual consolidated financial statements under international financial reporting standards. The traditional reports aggregate results and provide limited geographic reporting information.

    Traditional high-level reporting allows multinationals to conceal their country-level activities. This hides questionable tax practices.

    Country-by-country reporting allows us to better see where a multinational operates. More importantly, the amount of activity in each jurisdiction is reported. The information provides clues as to whether artificial profit shifting has occurred.

    Anyone interested can uncover details about how multinationals structure their global operations. Information may reveal a misalignment between the company’s real economic presence in a country, the profits they book and taxes they pay in that country.

    Bringing Australia into line with the EU

    Country-by-country reporting is not new. It is the requirement that the information be made public that has changed.

    Australian firms have been required to provide such reports to the Australian Tax Office since 2016. However, the information has been confidential.

    The new public disclosure law brings Australia in line with large firms operating in the European Union which brought in the change last year.

    How country-by-country reporting works

    A taxpayer with annual global income above A$1 billion and at least A$10 million of its turnover Australian-sourced will need to produce a report. The obligation to disclose rests with the parent entity no matter where they are located.

    Australia’s largest companies, including mining giants Rio Tinto and BHP, biotech firm CSL, and investment bank Macquarie Group, will be among those expected to report, as will foreign tech behemoths such as Apple, Amazon, Microsoft and Meta.

    These tech giants are the same US firms likely to be excluded from the global minimum tax rules under a G7 agreement reached last week. Under the agreement, US multinationals were exempted from paying more corporate tax overseas. Other G7 members gave in to protect their own companies from the US’s threat of retaliation.

    Under the law change in Australia, a parent entity will provide its name, the names of all members of the group, a description of their approach to tax, and information about operations in certain countries. Included on the list are countries that attract multinationals due to reduced tax obligations, such as Singapore, Switzerland, and the Bahamas.

    Everyone will be able to see where a multinational is operating. They will also see the types of business activities conducted, number of employees, assets, revenue, and taxes paid. Large profits in a country but little business activity and very few employees may raise questions, especially if a country has a low tax rate.

    Benefits of better transparency

    Access to the extra information will help investors assess the tax and reputational risk of a firm. A multinational that shifts profits to low tax countries may be audited and pay extra tax and penalties.

    Increased transparency allows greater scrutiny. In turn, it is hoped multinationals will reduce aggressive tax planning due to potential risk to their reputation.

    If multinationals shift less taxable profits out of Australia to low-tax or no-tax jurisdictions, this will lead to Australia receiving a greater share of much needed corporate tax revenue.

    Reducing profit shifting

    Recent academic research on public country-by-country reporting reveals it provides additional information to better identify tax haven activity. However, it does not result in a significant drop in corporate tax avoidance.

    Increased tax transparency helps investors and tax authorities to better understand a multinational’s economic and tax geographic footprint. It is also important when it seems that US giants will be excluded from the 15% global minimum tax rules. Transparency by itself, however, does not lead to multinationals paying more corporate taxes.

    By its very nature, tax avoidance is legal but pushes the boundaries by going against the spirit of the law. Indeed, many large multinationals argue tax is a legal obligation and is not voluntary. They maintain they pay the tax required of them according to the law.

    Undoubtedly, Australia’s new public country-by-country regime is a positive step for tax transparency. As a country initiative, it has been applauded as groundbreaking and world leading. However, it is not a panacea to corporate tax avoidance.

    To limit corporate tax avoidance and have multinationals pay more corporate taxes, we must get to the heart of the problem. We must change the law that dictates the way multinationals are taxed.

    Kerrie Sadiq currently receives funding from the Australian Research Council. She has previously received research grants from CPA Australia and CAANZ.

    Rodney Brown has previously received research grants from CPA Australia and CAANZ.

    ref. News laws to make it harder for large Australian and foreign companies to avoid paying tax – https://theconversation.com/news-laws-to-make-it-harder-for-large-australian-and-foreign-companies-to-avoid-paying-tax-260004

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: The National Anti-Corruption Commission turns 2 – has it restored integrity to federal government?

    Source: The Conversation (Au and NZ) – By A J Brown, Professor of Public Policy & Law, Centre for Governance & Public Policy, Griffith University

    The National Anti-Corruption Commission (NACC) opened its doors two years ago this week amid much fanfare and high expectations.

    Since then the body has attracted considerable criticism, overshadowing a solid, if slow, start to a whole new anti-corruption system across federal government.

    Established with strong powers after a history of much weaker proposals, what has it achieved in its first two years?

    Early hurdles

    On its first day, the decision to livestream the opening ceremony showed the Commission was alive to public expectations.

    However, the Commission’s reputation faced major early challenges: fears its transparency had been “nobbled”, and its damaging initial decision not to investigate officials referred by the Robodebt Royal Commission.

    The first challenge flowed from the politics that birthed the Commission.

    In 2022, despite otherwise state-of-the-art powers, the Albanese government made a late decision to insert an “exceptional circumstances” test to its ability to hold public hearings in corruption investigations.

    The shift created a bad impression. Many voices, including cross-bench parliamentarians, were left with good reason to question the very institution they helped create.

    The problem will haunt the NACC until the unnecessary threshold is removed.

    Public recognition

    In reality, the NACC still has hefty public hearing powers, but they are as yet to be used.

    When the need arises for royal commission-scale transparency, it will deliver an important side benefit the NACC still badly needs: public visibility.

    The challenge is confirmed by research on public trust, yet to be published, by Griffith University. Surveyed in March this year, only 12% of respondents said they knew at least a fair amount about the NACC, while a third had never heard of it at all, or didn’t know.

    This contrasts with the NSW Independent Commission Against Corruption, now 37 years old and the country’s heaviest user of public hearings. Over a quarter (26%) of NSW respondents said they knew at least a fair amount about the ICAC.

    Building visibility is a slow road, and does not mean the NACC is not doing its job. But with recognition a cornerstone of confidence, it’s a key tool the Commission clearly still needs to learn how to use.

    Workload

    In fact, the NACC’s heavy pipeline of work is finally starting to give it more to talk about.

    About 4,500 corruption complaints or referrals have been assessed since 1 July 2023, leading to more then 40 full investigations, including 31 currently underway.

    It will take time for this workload to pay off, in dealing with and preventing corruption, as well as reinforcing the public trust everyone needs. But even if slow, the first results confirm the importance of the investment.

    This week, the Commission published its fourth investigation report, revealing details of serious corrupt conduct by a Department of Home Affairs Senior Executive who abused her office by dishonestly advantaging her sister’s fiance for a job.

    Small fry? Maybe to some. But the fact 15 of the current investigations relate to senior officials takes the fight against nepotism and cronyism right to where it needs to be.

    Before the NACC, there was little confidence in how this kind of soft corruption was being dealt with by federal agencies.

    Hard corruption

    In its first two years, the NACC has also monitored 40 internal investigations by agencies which previously would have gone unsupervised, if they happened at all.

    On harder corruption, some results tell an even stronger tale.

    Last year, the NACC finalised an investigation which saw a former Australian Taxation Office employee jailed for five years, for accepting A$150,000 in bribes to reduce the tax debts of a Sydney businessman – also since jailed.

    And in December, a former Western Sydney Airport manager pleaded guilty to soliciting a A$200,000 bribe in exchange for a A$5 million services contract at Badgery’s Creek.

    Prior to the NACC, this was exactly the type of hard corruption many federal politicians and public servants claimed did not occur. No-one believed it, but now there’s a system for getting it under control.

    Politicians not immune

    The fact 13 of the NACC’s current investigations relate to former or current federal politicians or their staff is also reassuring. Of all the public officials in Australia, they have long been the most immune from integrity oversight.

    Known referrals include former Liberal Minister Stuart Robert in relation to alledged improper financial dealings with Canberra lobbyist, Synergy 360.

    A separate review found $374 million in contracts linked to Robert and the firm were poor value for money or plagued with perceived conflicts of interest.

    Even if Robert’s denials are correct, the NACC has good scope to help ensure no such dealings are possible in the future.

    The NACC’s strategic priorities highlight “senior public official decision-making” as an area where “even the perception of corruption can significantly harm trust in government”. This is especially important given the lack of regulation covering contractor, consultant and departmental relationships.

    Robodebt setback

    Tackling such fundamental issues, and not just driving a hamster wheel of criminal investigations, is the big challenge. It is underscored by the worst hurdle confronted by the NACC: its initial refusal to investigate Robodebt.

    The NACC’s independent inspector, Gail Furness, found that decision was contaminated by a badly managed conflict of interest, which caused the Commission reputational damage.

    But the poor handling also provided the circuit breaker needed for an independent reconsideration.

    Since February, the NACC is now investigating whether six individuals referred by the Robodebt Royal Commission engaged in corrupt conduct.

    It is a chance for the Commission to show it’s more than a compliance-focused enforcement agency, and is ready to play a positive part ensuring accountability and justice for victims when officials abuse their power.

    The larger mission

    Accepting this larger mission is a challenge for all anti-corruption commissions, but the NACC’s ability to do so is aided by some special powers.

    Its broad definition of “corrupt conduct” means it can tackle any kind of serious integrity failure, including breaches of trust or abuses of power, which don’t involve the types of private gain often associated with corruption in the past.

    A second key tool – also the likely solution to its visibility problem – is the Commission’s unique power to tackle larger issues through public inquiries.

    Also yet to be used, this power extends to any “corruption risks and vulnerabilities” or “measures to prevent corruption” the Commission sees fit. Unlike individual investigation hearings, it does not require “exceptional circumstances”.

    The last two years have seen the NACC well and truly blooded in its role as the cornerstone of the federal integrity transformation we needed to have.

    Now the question is more about the Commission’s choices of direction, including how it nurtures its relationship with the public, than whether it has capacity to get the job done.

    A J Brown AM is Chair of Transparency International Australia. He has received funding from the Australian Research Council and all Australian governments for research on public interest whistleblowing, integrity and anti-corruption reform through partners including Australia’s federal and state Ombudsmen and other regulatory agencies, parliaments, state anti-corruption agencies, and private sector industry bodies. He currently leads an ARC Discovery Project on mapping and harnessing public trust and distrust, in partnership with Sydney, La Trobe and Bond Universities. He is a former senior investigator for the Commonwealth Ombudsman, was a member of the Commonwealth Ministerial Expert Panel on Whistleblowing and is a member of the Queensland Public Sector Governance Council.

    ref. The National Anti-Corruption Commission turns 2 – has it restored integrity to federal government? – https://theconversation.com/the-national-anti-corruption-commission-turns-2-has-it-restored-integrity-to-federal-government-257889

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Security: Michigan Man Sentenced to Two Years in Prison for Drug Distribution and Loan Fraud

    Source: US FBI

    BOSTON – A Michigan man was sentenced today in federal court in Boston for a conspiracy to import and sell illegal pharmaceuticals, including opioids, and to fund the operation of the scheme by fraudulently obtaining a COVID-19 pandemic relief loan.

    Donald Nchamukong, 37, was sentenced by U.S. Senior District Court Judge Nathaniel M. Gorton to two years in prison, to be followed by two years of supervised release. Nchamukong was also ordered to pay $200,000 in restitution. In March 2025, Nchamukong pleaded guilty to conspiracy to smuggle goods into the United States, committing loan fraud and distributing controlled substances.

    Starting in 2019 and continuing to 2022, Nchamukong and co-conspirator, Doyal Kalita, conspired to distribute drugs to persons in the United States over the internet and using call centers in India. Nchamukong used shell companies, including a purported dietary supplements company and an auto parts supplier, and associated bank and merchant accounts to process sales of illegal foreign drugs, including the Schedule IV opioid, tramadol. Nchamukong and Kalita also received shipments of tramadol from India and reshipped the drug to customers across the United States, including in Massachusetts. When the COVID-19 pandemic hit, Nchamukong and Kalita fraudulently obtained a $200,000 Economic Injury Disaster Loan to fund their illegal drug scheme.  

    In June 2024, Kalita was sentenced to 10 years in prison for orchestrating the online drug distribution scheme, a technical support fraud scheme and related money laundering.

    United States Attorney Leah B. Foley; Ted E. Docks, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; Thomas Demeo, Acting Special Agent in Charge of the Internal Revenue Service Criminal Investigation, Boston Field Office; and Fernando P. McMillan, Special Agent in Charge of the New York Field Office of the U.S. Food and Drug Administration, Office of Criminal Investigations made the announcement today. Valuable assistance was provided by Homeland Security Investigations in New York, the Small Business Administration and the United States Attorney’s Office for the Eastern District of New York. Assistant U.S. Attorney Kriss Basil, Deputy Chief of the Securities, Financial & Cyber Fraud Unit  prosecuted the case.

    On May 17, 2021, the Attorney General established the COVID-19 Fraud Enforcement Task Force to marshal the resources of the Department of Justice in partnership with agencies across government to enhance efforts to combat and prevent pandemic-related fraud. The Task Force bolsters efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies tasked with administering relief programs to prevent fraud by augmenting and incorporating existing coordination mechanisms, identifying resources and techniques to uncover fraudulent actors and their schemes, and sharing and harnessing information and insights gained from prior enforcement efforts. For more information on the department’s response to the pandemic, please visit https://www.justice.gov/coronavirus and https://www.justice.gov/coronavirus/combatingfraud.

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud  Hotline via the NCDF Web Complaint Form.

    MIL Security OSI

  • MIL-OSI USA: 07.01.2025 Sen. Cruz Statement on Senate Passage of One, Big, Beautiful Bill

    US Senate News:

    Source: United States Senator for Texas Ted Cruz

    WASHINGTON, D.C. – Today, U.S. Sen. Ted Cruz (R-Texas) issued the following statement after the U.S. Senate passed the One Big Beautiful Bill (OBBB). The OBBB includes key language authored by Sen. Cruz, including Trump Accounts, the No Tax on Tips Act, and two historic school choice initiatives.
    Sen. Cruz said, “Today, we delivered on our promise to the American people to cut taxes, create jobs, support working Americans, and transformationally invest in our children.
    “For over a decade, I have led the fight in the U.S. Senate for school choice. Today, the Senate passed my legislation to provide billions of dollars in K–12 scholarships for kids across the nation. This historic investment represents the largest federal school choice program ever passed.
    “The OBBB also includes my No Tax on Tips Act to help waiters and waitresses, bartenders, taxi drivers, barbers, and hairdressers all across America. We also mandated the auction of 800 MHz of spectrum, which will enable us to beat China in the race to 6G—resulting in billions in new investments and the creation of hundreds of thousands of jobs.
    “The Senate also passed my legislation creating Trump Accounts—personal investment accounts for every child in America—which will unleash the power of compound growth and create new generations of capitalists.
    “I am also pleased to see the inclusion of our State Border Security Assistance Act, which is crucial for reimbursing the state of Texas for funds spent during the Biden administration’s illegal alien invasion.
    “I strongly urge my colleagues in the U.S. House of Representatives to put American families first and retain these vital provisions in the final version of the One Big, Beautiful Bill.”

    MIL OSI USA News

  • MIL-OSI USA: Senator Wicker Statement on Senate-Passed Reconciliation Bill

    US Senate News:

    Source: United States Senator for Mississippi Roger Wicker

    WASHINGTON – Senator Roger Wicker, R-Miss., released the following statement upon the Senate’s passage of the reconcillation bill.

    “The Senate-passed reconciliation bill is an investment in the future of the United States. Through this legislation, the Senate secured a down payment on a generational upgrade for our nation’s defense capabilities. Many of the key provisions of the Tax Cuts and Jobs Act will be cemented and expanded. This will stimulate the economy and benefit job creators across the country. Additionally, this legislation will help secure the southern border and unleash American energy production. I encourage my colleagues in the House of Representatives to pass this bill and deliver on the promises we made to the American people in November.”

    MIL OSI USA News

  • MIL-OSI USA: Padilla Statement Denouncing Senate Republicans’ Passage of Billionaire-First Tax Bill

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla Statement Denouncing Senate Republicans’ Passage of Billionaire-First Tax Bill

    WATCH: Padilla blasts President Trump’s “Big Ugly Bill” cutting health care and clean energy investments to provide tax cuts to billionaires

    WASHINGTON, D.C. — Today, U.S. Senator Alex Padilla (D-Calif.), a member of the Senate Budget Committee, issued the following statement after Senate Republicans narrowly passed their billionaire-first budget reconciliation bill to gut critical programs, kick 17 million Americans off their health care, explode the debt by over $3.5 trillion, and skyrocket energy costs for Californians:

    “Senate Republicans just voted to let President Trump and his billionaire buddies steal from working families in order to cut their own taxes by trillions of dollars.

    “Americans are struggling to keep up with rising costs from Trump’s chaotic tariffs. Instead of trying to reduce costs, Senate Republicans have chosen to cut a trillion dollars from Medicaid, kicking 17 million people — including over 2.3 million Californians — off their health insurance. Their votes will cause rural hospitals across the country to close. They’re decimating SNAP nutrition assistance that parents count on to feed their children. And electricity bills will go up while our energy system becomes less reliable.

    “One thing is clear: Republicans are voting for this bill knowing full well it will hurt their constituents, all in an effort to please Donald Trump and enrich the billionaire class.”

    Overnight, Senator Padilla proposed an amendment to the reconciliation bill to force Republicans to make changes to ensure it would not increase the deficit. Republicans rejected the amendment, highlighting their complete hypocrisy on the national debt. Republicans’ Big Ugly Bill adds more to the debt than the Bipartisan Infrastructure Law, American Rescue Plan Act, CARES Act, and CHIPS and Science Act combined — all to pay for yet another round of tax cuts for the wealthy and large corporations.

    As Ranking Member of the Senate Committee on Rules and Administration, Padilla previously circulated a memorandum outlining Senate Republicans’ hypocritical violation of filibuster rules in order to exploit the expedited reconciliation process while hiding the true cost of their tax bill. Padilla also spoke on the Senate floor against the Republican budget resolution in April, and voted against advancing it in the Senate in both February and April. He condemned House Republicans’ passage of the reconciliation bill in May.

    MIL OSI USA News

  • MIL-OSI USA: Gov. Kemp Nominates Frank O’Connell for Georgia Tax Court Chief Judge

    Source: US State of Georgia

    ATLANTA – Governor Brian P. Kemp today nominated Frank O’Connell for appointment to the Chief Judge position of the newly-created Georgia Tax Court. The Court will bring improved efficiency in the adjudication of tax cases at the state level and was created by a constitutional amendment approved by Georgia voters during the November 2024 election. Pending his confirmation by the Georgia House and Senate Judiciary committees, O’Connell’s four-year term as Chief tax court judge will begin on April 1, 2026.

    “Georgia taxpayers deserve leadership at the Department of Revenue that recognizes who they are most accountable to and as commissioner, Frank O’Connell has never forgotten that – serving the people of our state with honor and great work ethic,” said Governor Brian Kemp. “That’s why I’m again asking Frank to serve in a leadership position that will benefit the entire state. Marty and I are confident that with his skills and expertise, he will bring the same level of dedication to this new role.”

    “Georgia’s fiscal stability and success is a testament of the great leadership from public servants like Frank O’Connell,” said Lt. Governor Burt Jones. “Commisisoner O’Connell has led the Department of Revenue well and I believe he will continue to be a great leader for Georgia in this new role. I look forward to working with him and seeing his expertise positively impact Georgia’s tax court.”

    “Frank O’Connell has served the hardworking taxpayers of our state with integrity and dedication for over two decades,” said House Speaker Jon Burns. “Like our colleagues in the Senate, we look forward to confirming his appointment as Chief Judge of the Georgia Tax Court.”

    Frank M. O’Connell currently serves as Commissioner of the Georgia Department of Revenue, following his appointment by Governor Kemp to that role in February 2023. O’Connell previously served as Deputy Commissioner and as General Counsel for the Georgia Department of Revenue. He began his 21 years of service with the State of Georgia in the Department of Revenue’s Compliance Division and transferred to what is now the Office of General Counsel as Assistant Director before his appointment as General Counsel.

    In his previous role as Deputy Commissioner, O’Connell was responsible for the Tax Operations divisions of Audits, Taxpayer Services, Compliance, and Processing, and the External Operations divisions of Motor Vehicle Tag & Title, Alcohol & Tobacco Regulation, Local Government Services, and Special Investigations.  In his role as General Counsel where O’Connell spent most of his DOR career, he oversaw the drafting of legislative bills for the Department’s annual legislative package, the drafting of all DOR tax, alcohol & tobacco, and motor vehicle regulations, and advised the Department on agency contracts, Open Records Act responses, and the application of confidentiality laws protecting taxpayer data.

    Prior to joining the Georgia Department of Revenue in 2003, Mr. O’Connell consulted in state and local taxation for ten years at two “Big Four” accounting firms. A member of the Tax Section of the State Bar of Georgia, Mr. O’Connell received his law degree from the University of Notre Dame and his LL.M. in Taxation from New York University.

    O’Connell resides in East Cobb with his wife, Shelia.

    MIL OSI USA News

  • MIL-OSI USA: Four Family Members Charged in Multimillion-Dollar Tax Refund Fraud Scheme

    Source: US State of California

    A federal grand jury in Fort Worth, Texas, returned an indictment on June 11, unsealed yesterday, charging four family members with conspiracy to defraud the United States by filing tax returns that sought millions of dollars in false refunds.

    The following is according to the indictment: beginning in 2016, David Hunt, of Arlington, Texas, his twin sons Brandon Hunt and Baylon Hunt, also of Arlington, and Brandon and Baylon’s half-brother Corey Burt, of Mississippi, allegedly conspired to file false tax returns in the name of purported trusts that sought over $8.5 million in tax refunds that the trusts were not entitled to receive. Brandon Hunt also filed a false return in his own name. Collectively, the defendants allegedly received over $1 million from the IRS based on those false tax returns.

    Brandon and Baylon Hunt also allegedly submitted additional fake documents to the IRS as part of their scheme, including falsified financial instruments and altered money orders. The indictment further alleges that they shared in the proceeds of their fraud by transferring money between themselves. The defendants also allegedly used the refunds to purchase luxury goods, cryptocurrency, and real estate.

    Each defendant was charged with conspiracy as well as aiding and assisting in the preparation of tax returns. If convicted, each defendant faces a maximum penalty of five years in prison on the conspiracy charge and a maximum penalty of three years in prison for each count of aiding and assisting in the preparation of a false tax return. The defendants also face a period of supervised release, restitution, and monetary penalties. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General for Criminal Karen E. Kelly of the Justice Department’s Tax Division and Acting U.S. Attorney Nancy Larson of the Northern District of Texas made the announcement.

    IRS Criminal Investigation is investigating the case.

    Trial Attorneys Melissa Siskind and Daniel Lipkowitz of the Tax Division and Assistant U.S. Attorney Matthew Weybrecht for the Northern District of Texas are prosecuting the case.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL OSI USA News

  • MIL-OSI Security: Four Family Members Charged in Multimillion-Dollar Tax Refund Fraud Scheme

    Source: United States Attorneys General

    A federal grand jury in Fort Worth, Texas, returned an indictment on June 11, unsealed yesterday, charging four family members with conspiracy to defraud the United States by filing tax returns that sought millions of dollars in false refunds.

    The following is according to the indictment: beginning in 2016, David Hunt, of Arlington, Texas, his twin sons Brandon Hunt and Baylon Hunt, also of Arlington, and Brandon and Baylon’s half-brother Corey Burt, of Mississippi, allegedly conspired to file false tax returns in the name of purported trusts that sought over $8.5 million in tax refunds that the trusts were not entitled to receive. Brandon Hunt also filed a false return in his own name. Collectively, the defendants allegedly received over $1 million from the IRS based on those false tax returns.

    Brandon and Baylon Hunt also allegedly submitted additional fake documents to the IRS as part of their scheme, including falsified financial instruments and altered money orders. The indictment further alleges that they shared in the proceeds of their fraud by transferring money between themselves. The defendants also allegedly used the refunds to purchase luxury goods, cryptocurrency, and real estate.

    Each defendant was charged with conspiracy as well as aiding and assisting in the preparation of tax returns. If convicted, each defendant faces a maximum penalty of five years in prison on the conspiracy charge and a maximum penalty of three years in prison for each count of aiding and assisting in the preparation of a false tax return. The defendants also face a period of supervised release, restitution, and monetary penalties. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General for Criminal Karen E. Kelly of the Justice Department’s Tax Division and Acting U.S. Attorney Nancy Larson of the Northern District of Texas made the announcement.

    IRS Criminal Investigation is investigating the case.

    Trial Attorneys Melissa Siskind and Daniel Lipkowitz of the Tax Division and Assistant U.S. Attorney Matthew Weybrecht for the Northern District of Texas are prosecuting the case.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI

  • MIL-OSI USA: Senator Murray Statement on Senate Republicans’ Passage of Big, Ugly Bill to Rip Away Health Care, Nutrition, Abortion Access from WA State Families & Balloon National Debt to Fund Tax Cuts for Billionaires

    US Senate News:

    Source: United States Senator for Washington State Patty Murray
    In Washington state, at least 328,695 people will lose health care under Republican bill; 900,000 Washingtonians could see SNAP benefits reduced or eliminated; 14 rural hospitals will be at risk of closure
    ICYMI: In Senate Floor Speech, Murray Rails Against Republican Bill That Rips Away Health Care, Nutrition Assistance, Abortion Access & Balloons National Debt to Fund Tax Cuts for Billionaires; VIDEO HERE
    ICYMI: On Senate Floor, Murray Again Slams Republicans for Using Deceptive Tactics to Hide True Cost of Deficit-Busting Tax Cuts for Billionaires
    ICYMI: Republicans Block Murray Amendment to Stop Republicans’ Big Ugly Betrayal Bill From Defunding Planned Parenthood
    Washington, D.C. – U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, released the following statement on Senate Republicans passing their partisan reconciliation bill—the so-called “One Big Beautiful Bill Act”—by a vote of 51-50 on Tuesday, with Vice President Vance voting with Republicans to break the tie, after an overnight “vote-a-rama” where Democrats forced Republicans to take dozens of tough votes on a wide array of issues, from protecting rural hospitals to preserving food assistance for families to extending expiring tax credits that help millions of families afford health care. The nearly 30-hour vote-a-rama came after Democrats forced more than 10 hours of debate and a full reading of every word of Republicans’ 940-page bill that will kick 17 million Americans off their health care and make the largest cuts to Medicaid and nutrition assistance in history to pay for tax cuts for billionaires.  
    Senator Murray put forward an amendment to strike a provision of the legislation that achieves anti-abortion extremists’ long-sought goal of “defunding” Planned Parenthood by cutting off Planned Parenthood health centers from receiving federal Medicaid funding for the care they provide for millions of low-income women across the country—including birth control, cancer screenings, STI testing and treatment, and wellness exams. Republicans blocked the amendment, 51-49.
    “This monstrosity of a bill is about one thing: Republicans’ insistence on passing more tax breaks for billionaires and giant corporations while they kick working people off their health care, rip away nutrition assistance, and make it harder for struggling families to get by. It’s about taking away programs that give American families a hand up in hard times, to pay for a handout for the people who need it the least.
    “This should be obvious: if a bill is so bad that you have to exempt entire states from its consequences to win the votes you need—just don’t pass the bill!
    “Republicans’ legislation will mean 17 million Americans will lose their health insurance, including more than 328,000 people in Washington state who rely on Apple Health and Affordable Care Act coverage. Families will lose the SNAP benefits they rely on to afford food because of new Republican red tape positively meant to keep people from getting the benefits they are eligible for. Rural hospitals in Central and Eastern Washington that are already operating on the tightest of margins will be forced to close their doors, ripping away health care access from entire communities. Planned Parenthood health centers will shutter and women will be left with nowhere they can go to get birth control, cancer screenings, and other preventive care they can actually afford.
    “When it comes to the all-out assault on clean energy in this bill, even Elon Musk understands the plain facts of the matter—Republicans’ cuts are ‘utterly insane and destructive’ and will ‘destroy millions of jobs in America.’ Republicans are also ripping away tens of millions of dollars for critical NOAA facilities in Washington state as part of this bill.
    “This fight is not over—this bill is not yet law and I am not going to stop raising my voice and making sure the American people know exactly what is in it. Communities in Eastern and Central Washington will be among the hardest hit by these gigantic cuts to Medicaid and SNAP—now is the time to raise your voices and tell your Republican Members of Congress to vote NO. Republicans in the House need to listen to the American people and abandon this disaster of a bill.  
    “In the end, every Republican who votes for this bill will have to explain to their constituents why they voted to shutter local hospitals and punish struggling families to pay for tax cuts for billionaires.”
    Earlier on Sunday, Senator Murray delivered a lengthy speech on the Senate floor where she laid out in detail how Republicans’ One Big Beautiful Bill Act will rip away health care from millions of Americans, shutter the doors of hospitals and health care clinics across the country, make the largest cuts to Medicaid and nutrition assistance in history, and blow up the national debt—all so Republicans can fund massive tax breaks for billionaires. Murray also spoke out repeatedly during debate on the Senate floor against Republicans’ use of a so-called “current policy baseline” to hide the true cost of their deficit-busting tax cuts for billionaires.
    Republicans’ 940-page bill, which they released in the dead of night, cuts more than $900 billion from Medicaid—$100 billion more than the House bill. That means about 17 million Americans will lose their health care, according to estimates from the nonpartisan Congressional Budget Office (CBO), and more than 300 rural hospitals and over 500 nursing homes could close because of the legislation. The legislation makes the largest cut to the Supplemental Nutrition Assistance Program (SNAP) in history and will rip away nutrition assistance entirely from more than 5 million Americans and shift tens of billions of dollars in costs to states. The legislation also increases the debt by nearly $4 trillion dollars—nearly a trillion more than the House bill. About two in three Americans oppose the bill.
    In Washington state, 1.95 million people rely on Apple Health, Washington state’s Medicaid program, and over 300,000 Washingtonians access coverage through the state’s Affordable Care Act marketplace (Washington Healthplanfinder). The Joint Economic Committee estimates that at least 328,695 people in Washington state would lose their health insurance under the Republican legislation—that includes 198,050 people who would be kicked off Medicaid and 108,262 people who would lose their coverage under the Affordable Care Act. Among other things, Republicans’ bill would institute work reporting requirements for Medicaid, which have been proven not to increase employment and just strip health care coverage from people who are already working or exempt—this would put more than 620,000 Washingtonians at risk of losing their health care coverage or having it delayed. Fourteen rural hospitals in Washington state would be at risk of closure under the Republican bill. The legislation also “defunds” Planned Parenthood for the next year, threatening the closure of up to 200 health centers across the country—90 percent of them in states where abortion is legal. 11 percent of Washington state residents rely on SNAP, and the Washington State Department of Social and Health Services estimated that more than 900,000 people across the state could their see SNAP benefits reduced or eliminated under the House bill—the Senate bill is just as extreme.
    Senator Murray has held constant recent events—including multiple events in Washington state—to sound the alarm on Republicans’ devastating reconciliation bill and encourage constituents to raise their voices and call on their Members of Congress to oppose the legislation.

    MIL OSI USA News

  • MIL-OSI USA: Cassidy Stands with President Trump, Passes One Big Beautiful Bill

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy
    WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) today released the following statement after voting to pass President Trump’s One, Big, Beautiful Bill.
    “President Trump and I want to preserve the American Dream for working and middle America,” said Dr. Cassidy. “We keep taxes low, cut taxes on tips, overtime, and Social Security, extend the Child Tax Credit, fix our broken education system, support our military, secure our border, and build a business environment that creates better paying jobs – especially in Louisiana.” 
    As chair of the U.S. Senate Health, Education, Labor, and Pensions (HELP) Committee, Cassidy led the Committee’s portion of the One Big Beautiful Bill, which fixes America’s broken higher education system and addresses the root causes of the student debt crisis.
    Cassidy pushed to secure provisions in this historic legislation that:
    Make higher education more affordable by eliminating inflationary loan programs that have resulted in higher tuition costs.   
    Prevent taxpayer-subsidized loans for degrees that leave students worse off than if they never went to college.  
    Reform the current federal student loan program that transfers debt onto the 87 percent of Americans who chose to not go to college or already paid off their loans.
    Ensure low-income Americans can access higher education by strengthening Pell Grants and addressing the program’s budget shortfall. As it currently stands, the Pell Grant program faces a mounting budget shortfall that threatens its future.  
    Expand education freedom and opportunity for students by providing a charitable donation incentive for individuals and businesses to fund scholarship awards for students to cover expenses related to K-12 public and private education. 
    Increase access to career or technical-based education for low-income students by establishing Workforce Pell Grants. This is crucial to achieving President Trump’s goal of bringing skilled jobs back to America from China and Mexico. 
    Boost U.S. manufacturing and crack down on China and other countries abusing our trade loopholes (de minimis). In 2023, Cassidy introduced similar legislation. 
    Provide beauty industry small businesses with access to the tip credit, which would create jobs.
    Eliminate the $200 tax stamp for short-barreled firearms. 
    Raise the annual cap on offshore energy revenue sharing with Gulf states from $500 million to $650 million through 2034. 
    Require the Bureau of Ocean Energy Management (BOEM) to hold no fewer than two lease sales every year for fifteen years in the Central and Western areas of the Gulf of America—something the Biden administration refused to do. 
    Invest $389 million in America’s Strategic Petroleum Reserve (SPR) to bolster U.S. energy security. 
    Unleash American energy by allowing energy companies to deduct costs, including labor and safety, associated with oil and gas exploration. 
    Expand access to direct primary care arrangements, by allowing the use of Health Savings Account (HSA) dollars to pay for such services. 
    Click here for the HELP section-by-section.
    Click here for the HELP one-pager.

    MIL OSI USA News

  • MIL-OSI USA: Senator Murray Statement on Senate Republicans’ Passage of Big, Ugly Bill to Rip Away Health Care, Nutrition, Abortion Access from WA State Families & Balloon National Debt to Fund Tax Cuts for Billionaires

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    In Washington state, at least 328,695 people will lose health care under Republican bill; 900,000 Washingtonians could see SNAP benefits reduced or eliminated; 14 rural hospitals will be at risk of closure

    ICYMI: In Senate Floor Speech, Murray Rails Against Republican Bill That Rips Away Health Care, Nutrition Assistance, Abortion Access & Balloons National Debt to Fund Tax Cuts for Billionaires; VIDEO HERE

    ICYMI: On Senate Floor, Murray Again Slams Republicans for Using Deceptive Tactics to Hide True Cost of Deficit-Busting Tax Cuts for Billionaires

    ICYMI: Republicans Block Murray Amendment to Stop Republicans’ Big Ugly Betrayal Bill From Defunding Planned Parenthood

    Washington, D.C. – U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, released the following statement on Senate Republicans passing their partisan reconciliation bill—the so-called “One Big Beautiful Bill Act”—by a vote of 51-50 on Tuesday, with Vice President Vance voting with Republicans to break the tie, after an overnight “vote-a-rama” where Democrats forced Republicans to take dozens of tough votes on a wide array of issues, from protecting rural hospitals to preserving food assistance for families to extending expiring tax credits that help millions of families afford health care. The nearly 30-hour vote-a-rama came after Democrats forced more than 10 hours of debate and a full reading of every word of Republicans’ 940-page bill that will kick 17 million Americans off their health care and make the largest cuts to Medicaid and nutrition assistance in history to pay for tax cuts for billionaires.  

    Senator Murray put forward an amendment to strike a provision of the legislation that achieves anti-abortion extremists’ long-sought goal of “defunding” Planned Parenthood by cutting off Planned Parenthood health centers from receiving federal Medicaid funding for the care they provide for millions of low-income women across the country—including birth control, cancer screenings, STI testing and treatment, and wellness exams. Republicans blocked the amendment, 51-49.

    “This monstrosity of a bill is about one thing: Republicans’ insistence on passing more tax breaks for billionaires and giant corporations while they kick working people off their health care, rip away nutrition assistance, and make it harder for struggling families to get by. It’s about taking away programs that give American families a hand up in hard times, to pay for a handout for the people who need it the least.

    “This should be obvious: if a bill is so bad that you have to exempt entire states from its consequences to win the votes you need—just don’t pass the bill!

    “Republicans’ legislation will mean 17 million Americans will lose their health insurance, including more than 328,000 people in Washington state who rely on Apple Health and Affordable Care Act coverage. Families will lose the SNAP benefits they rely on to afford food because of new Republican red tape positively meant to keep people from getting the benefits they are eligible for. Rural hospitals in Central and Eastern Washington that are already operating on the tightest of margins will be forced to close their doors, ripping away health care access from entire communities. Planned Parenthood health centers will shutter and women will be left with nowhere they can go to get birth control, cancer screenings, and other preventive care they can actually afford.

    “When it comes to the all-out assault on clean energy in this bill, even Elon Musk understands the plain facts of the matter—Republicans’ cuts are ‘utterly insane and destructive’ and will ‘destroy millions of jobs in America.’ Republicans are also ripping away tens of millions of dollars for critical NOAA facilities in Washington state as part of this bill.

    “This fight is not over—this bill is not yet law and I am not going to stop raising my voice and making sure the American people know exactly what is in it. Communities in Eastern and Central Washington will be among the hardest hit by these gigantic cuts to Medicaid and SNAP—now is the time to raise your voices and tell your Republican Members of Congress to vote NO. Republicans in the House need to listen to the American people and abandon this disaster of a bill.  

    “In the end, every Republican who votes for this bill will have to explain to their constituents why they voted to shutter local hospitals and punish struggling families to pay for tax cuts for billionaires.”

    Earlier on Sunday, Senator Murray delivered a lengthy speech on the Senate floor where she laid out in detail how Republicans’ One Big Beautiful Bill Act will rip away health care from millions of Americans, shutter the doors of hospitals and health care clinics across the country, make the largest cuts to Medicaid and nutrition assistance in history, and blow up the national debt—all so Republicans can fund massive tax breaks for billionaires. Murray also spoke out repeatedly during debate on the Senate floor against Republicans’ use of a so-called “current policy baseline” to hide the true cost of their deficit-busting tax cuts for billionaires.

    Republicans’ 940-page bill, which they released in the dead of night, cuts more than $900 billion from Medicaid—$100 billion more than the House bill. That means about 17 million Americans will lose their health care, according to estimates from the nonpartisan Congressional Budget Office (CBO), and more than 300 rural hospitals and over 500 nursing homes could close because of the legislation. The legislation makes the largest cut to the Supplemental Nutrition Assistance Program (SNAP) in history and will rip away nutrition assistance entirely from more than 5 million Americans and shift tens of billions of dollars in costs to states. The legislation also increases the debt by nearly $4 trillion dollars—nearly a trillion more than the House bill. About two in three Americans oppose the bill.

    In Washington state, 1.95 million people rely on Apple Health, Washington state’s Medicaid program, and over 300,000 Washingtonians access coverage through the state’s Affordable Care Act marketplace (Washington Healthplanfinder). The Joint Economic Committee estimates that at least 328,695 people in Washington state would lose their health insurance under the Republican legislation—that includes 198,050 people who would be kicked off Medicaid and 108,262 people who would lose their coverage under the Affordable Care Act. Among other things, Republicans’ bill would institute work reporting requirements for Medicaid, which have been proven not to increase employment and just strip health care coverage from people who are already working or exempt—this would put more than 620,000 Washingtonians at risk of losing their health care coverage or having it delayed. Fourteen rural hospitals in Washington state would be at risk of closure under the Republican bill. The legislation also “defunds” Planned Parenthood for the next year, threatening the closure of up to 200 health centers across the country—90 percent of them in states where abortion is legal. 11 percent of Washington state residents rely on SNAP, and the Washington State Department of Social and Health Services estimated that more than 900,000 people across the state could their see SNAP benefits reduced or eliminated under the House bill—the Senate bill is just as extreme.

    Senator Murray has held constant recent events—including multiple events in Washington state—to sound the alarm on Republicans’ devastating reconciliation bill and encourage constituents to raise their voices and call on their Members of Congress to oppose the legislation.

    MIL OSI USA News

  • MIL-OSI USA: Senator Murray Statement on Senate Republicans’ Passage of Big, Ugly Bill to Rip Away Health Care, Nutrition, Abortion Access from WA State Families & Balloon National Debt to Fund Tax Cuts for Billionaires

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    In Washington state, at least 328,695 people will lose health care under Republican bill; 900,000 Washingtonians could see SNAP benefits reduced or eliminated; 14 rural hospitals will be at risk of closure

    ICYMI: In Senate Floor Speech, Murray Rails Against Republican Bill That Rips Away Health Care, Nutrition Assistance, Abortion Access & Balloons National Debt to Fund Tax Cuts for Billionaires; VIDEO HERE

    ICYMI: On Senate Floor, Murray Again Slams Republicans for Using Deceptive Tactics to Hide True Cost of Deficit-Busting Tax Cuts for Billionaires

    ICYMI: Republicans Block Murray Amendment to Stop Republicans’ Big Ugly Betrayal Bill From Defunding Planned Parenthood

    Washington, D.C. – U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, released the following statement on Senate Republicans passing their partisan reconciliation bill—the so-called “One Big Beautiful Bill Act”—by a vote of 51-50 on Tuesday, with Vice President Vance voting with Republicans to break the tie, after an overnight “vote-a-rama” where Democrats forced Republicans to take dozens of tough votes on a wide array of issues, from protecting rural hospitals to preserving food assistance for families to extending expiring tax credits that help millions of families afford health care. The nearly 30-hour vote-a-rama came after Democrats forced more than 10 hours of debate and a full reading of every word of Republicans’ 940-page bill that will kick 17 million Americans off their health care and make the largest cuts to Medicaid and nutrition assistance in history to pay for tax cuts for billionaires.  

    Senator Murray put forward an amendment to strike a provision of the legislation that achieves anti-abortion extremists’ long-sought goal of “defunding” Planned Parenthood by cutting off Planned Parenthood health centers from receiving federal Medicaid funding for the care they provide for millions of low-income women across the country—including birth control, cancer screenings, STI testing and treatment, and wellness exams. Republicans blocked the amendment, 51-49.

    “This monstrosity of a bill is about one thing: Republicans’ insistence on passing more tax breaks for billionaires and giant corporations while they kick working people off their health care, rip away nutrition assistance, and make it harder for struggling families to get by. It’s about taking away programs that give American families a hand up in hard times, to pay for a handout for the people who need it the least.

    “This should be obvious: if a bill is so bad that you have to exempt entire states from its consequences to win the votes you need—just don’t pass the bill!

    “Republicans’ legislation will mean 17 million Americans will lose their health insurance, including more than 328,000 people in Washington state who rely on Apple Health and Affordable Care Act coverage. Families will lose the SNAP benefits they rely on to afford food because of new Republican red tape positively meant to keep people from getting the benefits they are eligible for. Rural hospitals in Central and Eastern Washington that are already operating on the tightest of margins will be forced to close their doors, ripping away health care access from entire communities. Planned Parenthood health centers will shutter and women will be left with nowhere they can go to get birth control, cancer screenings, and other preventive care they can actually afford.

    “When it comes to the all-out assault on clean energy in this bill, even Elon Musk understands the plain facts of the matter—Republicans’ cuts are ‘utterly insane and destructive’ and will ‘destroy millions of jobs in America.’ Republicans are also ripping away tens of millions of dollars for critical NOAA facilities in Washington state as part of this bill.

    “This fight is not over—this bill is not yet law and I am not going to stop raising my voice and making sure the American people know exactly what is in it. Communities in Eastern and Central Washington will be among the hardest hit by these gigantic cuts to Medicaid and SNAP—now is the time to raise your voices and tell your Republican Members of Congress to vote NO. Republicans in the House need to listen to the American people and abandon this disaster of a bill.  

    “In the end, every Republican who votes for this bill will have to explain to their constituents why they voted to shutter local hospitals and punish struggling families to pay for tax cuts for billionaires.”

    Earlier on Sunday, Senator Murray delivered a lengthy speech on the Senate floor where she laid out in detail how Republicans’ One Big Beautiful Bill Act will rip away health care from millions of Americans, shutter the doors of hospitals and health care clinics across the country, make the largest cuts to Medicaid and nutrition assistance in history, and blow up the national debt—all so Republicans can fund massive tax breaks for billionaires. Murray also spoke out repeatedly during debate on the Senate floor against Republicans’ use of a so-called “current policy baseline” to hide the true cost of their deficit-busting tax cuts for billionaires.

    Republicans’ 940-page bill, which they released in the dead of night, cuts more than $900 billion from Medicaid—$100 billion more than the House bill. That means about 17 million Americans will lose their health care, according to estimates from the nonpartisan Congressional Budget Office (CBO), and more than 300 rural hospitals and over 500 nursing homes could close because of the legislation. The legislation makes the largest cut to the Supplemental Nutrition Assistance Program (SNAP) in history and will rip away nutrition assistance entirely from more than 5 million Americans and shift tens of billions of dollars in costs to states. The legislation also increases the debt by nearly $4 trillion dollars—nearly a trillion more than the House bill. About two in three Americans oppose the bill.

    In Washington state, 1.95 million people rely on Apple Health, Washington state’s Medicaid program, and over 300,000 Washingtonians access coverage through the state’s Affordable Care Act marketplace (Washington Healthplanfinder). The Joint Economic Committee estimates that at least 328,695 people in Washington state would lose their health insurance under the Republican legislation—that includes 198,050 people who would be kicked off Medicaid and 108,262 people who would lose their coverage under the Affordable Care Act. Among other things, Republicans’ bill would institute work reporting requirements for Medicaid, which have been proven not to increase employment and just strip health care coverage from people who are already working or exempt—this would put more than 620,000 Washingtonians at risk of losing their health care coverage or having it delayed. Fourteen rural hospitals in Washington state would be at risk of closure under the Republican bill. The legislation also “defunds” Planned Parenthood for the next year, threatening the closure of up to 200 health centers across the country—90 percent of them in states where abortion is legal. 11 percent of Washington state residents rely on SNAP, and the Washington State Department of Social and Health Services estimated that more than 900,000 people across the state could their see SNAP benefits reduced or eliminated under the House bill—the Senate bill is just as extreme.

    Senator Murray has held constant recent events—including multiple events in Washington state—to sound the alarm on Republicans’ devastating reconciliation bill and encourage constituents to raise their voices and call on their Members of Congress to oppose the legislation.

    MIL OSI USA News

  • MIL-OSI Europe: Answer to a written question – Changes in the tobacco market in the European Union – E-001976/2025(ASW)

    Source: European Parliament

    The Commission continues to work on revising the Tobacco Tax Directive.

    The upcoming revision is based on an impact assessment and public consultations in line with the principles of Better Regulation.

    The Commission is assessing a number of options in line with the Council conclusions of June 2020 on the structure and rates of excise duty applied to manufactured tobacco.

    Harmonisation of excise duties on tobacco products necessitates careful consideration of public health and fiscal objectives, while respecting national competences .

    The Commission is committed to supporting Member States in line with the objectives of Europe’s Beating Cancer Plan[1].

    • [1] https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/promoting-our-european-way-life/european-health-union/cancer-plan-europe_en.
    Last updated: 1 July 2025

    MIL OSI Europe News