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Politics

Election-Year Politics May Jeopardize Advancement of Tax Bill

TL/DR - The House is expected to approve a $78 billion bill that expands the child tax credit and restores corporate tax breaks. The bill, named "The Tax Relief for American Families and Workers Act," would also bolster the low-income housing tax credit and extend tax benefits for Taiwanese companies and individuals. The bill faces resistance…

In 2023, Trump’s PACs Utilized $50 Million from Donations for Legal Costs

TL/DR - Donald Trump reportedly used $50 million from donor contributions to cover legal bills and investigation-related costs in 2023. The funds came from his political action committee, Save America, which had to request refunds of $60 million from other Trump PACs due to depletion, out of which only $42.5 million has been returned from MAGA…

Elon Musk Shares Unverified Election Information on X Without Fact-Checking

TL/DR - Elon Musk, since buying and rebranding Twitter as X, has made claims about the US voting system similar to those previously made by Donald Trump, sparking concern among civil rights lawyers and Democrats. Musk has removed the platform's system for flagging false election content, arguing it amounted to election interference, which has led…

Biden Pledges Retaliation Following Attack on US Forces in Jordan

TL/DR - An attack by Iranian proxy groups on American troops in the Middle East has resulted in three U.S deaths and 24 injuries, escalating the pressure on President Biden to retaliate. The attack is part of a series of over 150 by Iranian-backed groups since an October 7 terrorist attack in Israel by Hamas. Biden has been careful to avoid…