Economy

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Republicans Just Passed “the Worst Bill in Modern American History”

Just in time for the nation’s birthday, House Republicans have passed the most regressive legislation in recent memory, a bill that’s expected to cut more than $1 trillion from Medicaid and boot some 12 million Americans off their health insurance, even as it explodes the federal deficit—all to extend and expand tax cuts that favor the rich. […]


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Even Sky-High Income Tax Rates Won’t Stop the Relentless Rise of the Richest

Will Donald Trump’s “One Big Beautiful Bill,” as critics contend, be a massive giveaway to the rich? Absolutely, when you tally it up. Yet the bill’s provisions, while devastating to the nation’s poorest, represent only modest gains for the majority of affluent families. Consider the merely rich—the top-earning 10 percent of households. The Congressional Budget […]


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Ban on AI Regulations in Trump’s Tax Bill Carries a Huge Environmental Cost

This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. Republicans are pushing to pass a major spending bill that includes provisions to prevent states from enacting regulations on artificial intelligence. Such untamed growth in AI will take a heavy toll upon the world’s dangerously overheating climate, experts have […]


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These New England Fishermen Made Peace With Offshore Wind. Trump Wants to End It.

This story was produced by the independent, nonprofit newsroom Canary Media and co-published by Mother Jones. Gary Yerman, 75, sat nervously in a noisy ballroom in Virginia Beach, Virginia, counting down the minutes until he could shed his ill-fitting double-breasted suit for a sun shirt and blue jeans. He introduced himself as a fisherman of […]


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Elon Musk Rips Into Trump’s “Utterly Insane” Tax Bill Again

After a brief interlude, Elon Musk on Saturday resumed his public wrestling match with President Donald Trump, ripping into the president’s domestic policy bill as “utterly insane and destructive” just as the Senate met to vote on a key procedural step to pass the “big beautiful bill.” “The latest Senate draft bill will destroy millions […]


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The Collapse of the World’s Coral Reefs is “Death by a Thousand Cuts”

This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. The Kenyan marine ecologist David Obura is chair of a panel of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES), the world’s leading natural scientists. For many decades, his speciality has been corals, but he has warned that the […]


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California Rolls on With Electric Trucks, Despite Trump’s Roadblocks

This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. Wes Lowe uses so much Claritin that he started an Amazon subscription to avoid running out. His kids take two asthma medications. This reflects the normalcy of pollution in California’s San Joaquin Valley, where residents breathe some of the dirtiest air in […]


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Most People Support Taxing Carbon Even If It Costs Them, Global Survey Shows

This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. People in affluent countries around the world are willing to tax themselves to address climate change and ease poverty. That idea defies conventional political wisdom, which typically holds that people hate taxes. It emerged in a survey of 40,680 people in […]


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The Costs of Restricting Abortion? More Than $130 Billion Per Year.

When the US Supreme Court decided to overrule Roe v. Wade three years ago, the ruling had sweeping consequences for public health, making pregnancy much riskier, leading to the preventable deaths of pregnant women, and causing a spike in infant mortality. Now, research suggests the country has also suffered hundreds of billions of dollars in […]


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The Costs of Restricting Abortion? More Than $130 Billion Per Year. Read Post »

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These Los Angeles Tenants Are Saying No to Rent Hikes

In 2018, Monica Ruiz and her neighbors found letters from their landlord taped to their doors. They were notifications of rent hikes—in some cases, increases of over 200 percent. Ruiz had lived at Hillside Villa, a large apartment complex overlooking Los Angeles’ gentrifying Chinatown, for more than 20 years. She had raised five children there. […]


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