Canada ended a digital service tax that would have hit major American tech companies hard after President Donald Trump announced he was ending trade talks with the country over the levy.
Canada’s Department of Finance said Sunday that it would rescind its Digital Service Tax (DST) in “anticipation of a mutually beneficial comprehensive trade arrangement with the United States.” The reversal came after Trump said on Friday that he was “terminating” trade discussions. 
The tax, which was expected to take effect on Monday, was anticipated to have a significant impact on United States-based companies like Amazon, Google, Meta, and Apple. 
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“Canada’s new government is focused on building the strongest economy in the G7 and standing up for Canadian workers and businesses,” <a href="https://www.canada.ca/en/department-finance/news/2025/06/canada-rescinds-digital-services-tax-to-advance-broader-trade-negotiations-with-the-united-states.html" target="_blank" rel="noopener">said</a> Minister of Finance and National Revenue François-Philippe Champagne. “Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress and reinforce our work to create jobs and build prosperity for all Canadians.”
Earlier this month, Champagne said that the Digital Service Tax would be implemented despite opposition from the United States. He <a href="https://www.cbc.ca/news/politics/canada-digital-services-tax-1.7565966" target="_blank" rel="noopener">said</a> on June 19 that the tax was “going ahead” as scheduled and would be applied. 
The digital service tax was <a href="https://www.canada.ca/en/services/taxes/excise-taxes-duties-and-levies/digital-services-tax.html" target="_blank" rel="noopener">enacted</a> to require “foreign and domestic large businesses to pay tax on certain revenue earned from engaging with online users in Canada,” according to the Canadian government. The tax would have cost American businesses up to $2.3 billion annually, <a href="https://ccianet.org/research/reports/impacts-canada-proposed-digital-service-tax-united-states/" target="_blank" rel="noopener">according</a> to a study conducted by the Computer and Communications Industry Association. 
Canadian Prime Minister Mark Carney said Sunday that he and Trump had agreed to continue trade discussions with the hope of signing an agreement by July 21. 
The resumption of talks follows Trump&#8217;s social media berating of Canada on Friday. 
“We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country,” Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114756567645919781">posted</a> on Truth Social. “Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period.”
Several other trade deadlines are looming, including a July 9 cutoff for the United States and the European Union to make a deal before 50% tariffs on European imports are imposed.

World Leaders Converge In Canada For G7 Summit

Canada Caves: Digital Tax On U.S. Tech Scrapped After Trump Pressure

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Perhaps it is fitting that legendary Beach Boy and California native son Brian Wilson would pass away in the same year that a New York Times headline would ask, <a href="https://www.nytimes.com/2025/05/11/us/california-turmoil-resilience.html">“Is the California Dream a Mirage?”</a>
The social, environmental and economic disaster that is California has been mushrooming for decades now, with any improvements in the near term looking about as likely as a working bullet train from the north to the south in that state. The litany of negative facts emerging for the state is accompanied by descriptors such as “worst,” “first,” “record,” “ballooning,” “unsustainable,” “disaster,” and “mismanagement.” These ills are detailed in the <a href="https://www.dailywire.com/news/california-assemblyman-explains-how-state-has-mismanaged-fire-prevention-policies-as-wildfires-rage">myriad</a> <a href="https://www.wsj.com/opinion/bad-policy-served-as-kindling-for-californias-wildfires-forest-water-management-social-justice-c5b94a4f?gaa_at=eafs&amp;gaa_n=ASWzDAif-IufnKaxHOP49zFGTHPZhQuqrXUEi-2TLq3CTiNpkYvlSDqNxFWNzK60iAw%3D&amp;gaa_ts=685d8562&amp;gaa_sig=3-LfR_GHU3tLPG-o-YsVjgoRNU1-opiK9zrnQzURPOZIBNcm7OIKeIV5kTdTHBKbOeKnRJ-BbcIcuJq-0ipu3Q%3D%3D">articles</a> <a href="https://nypost.com/2025/01/11/opinion/catastrophic-wildfires-left-la-in-ashes-due-to-californias-failing-liberal-leadership/">pointing</a> to California’s failed leadership.
Consider the overall economic situation. California went from a state budget surplus of <a href="https://www.hoover.org/research/after-100-billion-surplus-california-now-faces-73-billion-budget-deficit">$100b to a deficit of $73b</a> in just three years. This was driven in part from its decision in February of 2020 to escalate spending significantly while it was <a href="https://www.ppic.org/publication/whats-behind-californias-recent-population-decline-and-why-it-matters/">losing jobs</a>, and for the first time since receiving statehood in 1850, population. Between 2010 and 2023, the state saw 9.3 million people leave while only 6.7 million arrived — with a disproportionate number of the “leavers” in the high-income, high-tax-paying category.
California had the distinction of being rated as the very worst state in which to do business by <a href="https://chiefexecutive.net/california-is-the-worst-state-for-business-2014/">Chief Executive</a> magazine — for ten years in a row. Others were more positive with The <a href="https://sbecouncil.org/2019/05/06/new-report-sbe-council-ranks-50-states-according-to-public-policy-and-tax-climates-for-small-business/">Small Business and Entrepreneurship Council</a> seeing them as only the second worst state, and the <a href="https://www.cato.org/blog/best-worse-states-entrepreneurs">Cato Institute</a> placing them at 48th out of 50 for entrepreneurs.
<a href="https://californiapolicycenter.org/reports/worsttobest/">The California Policy Center</a> concludes: 
“For anyone operating a business in California – small, medium or large – the experiences of the last twenty years have been challenging, and it gets worse every year. California’s regulatory environment, its high taxes and exorbitant fees, and the overall cost of doing business are the toughest in the nation. Many businesses have voted with their feet, moving their operations to more welcoming business environments.” 
According to WalletHub.com’s report “<a href="https://wallethub.com/edu/best-places-to-retire/6165">Best &amp; Worst Places to Retire (2025)</a>,” which examined 182 cities across the U.S., four out five of the worst cities in which to retire are in California.
The story is equally daunting in a host of other arenas for the state — education, illegal immigration, water, violent crime, theft, housing, insurance, energy, environment, assorted taxes and fees, cost of living, state employee pensions, healthcare, and more. <a href="https://www.consumeraffairs.com/movers/%23editorial">ConsumerAffairs</a>, a consumer news and advocacy organization, compared all 50 U.S. states and Washington, D.C. across five categories: affordability, economy, education and health, quality of life, and safety. California ranked as the single least desirable state to move to. Their conclusion might have been influenced by seeing that, compared to all other 49 states in the nation, California has the:
<ul>
<li>Highest <a href="https://www.census.gov/library/publications/2023/demo/p60-280.html">poverty rate</a></li>
<li>Highest top marginal <a href="https://taxfoundation.org/data/all/state/state-income-tax-rates/">state income tax rate</a></li>
<li>Highest <a href="https://www.redfin.com/blog/most-expensive-states-to-buy-a-house/">median home price</a></li>
<li>Highest <a href="https://taxfoundation.org/data/all/state/state-gas-tax-rates-2024/">gasoline tax</a></li>
<li>Highest number of federal <a href="https://www.datapandas.org/ranking/welfare-recipients-by-state">welfare recipients</a></li>
<li>Highest amount of <a href="https://www.foxnews.com/politics/dem-states-blame-most-nearly-400-million-unemployment-fraud">unemployment benefit fraud</a></li>
<li>Highest number of <a href="https://www.pewresearch.org/short-reads/2024/07/22/what-we-know-about-unauthorized-immigrants-living-in-the-us/">illegal immigrants</a></li>
<li>Highest percentage of <a href="https://www.newsweek.com/map-states-most-high-school-dropouts-1872310">high school dropouts</a></li>
<li>Highest rates of <a href="https://worldpopulationreview.com/state-rankings/human-trafficking-statistics-by-state">human trafficking</a></li>
<li>Highest <a href="https://247wallst.com/special-report/2024/02/13/this-is-the-state-with-the-most-homeless-people-every-state-ranked/">homeless population</a></li>
<li>Highest level of <a href="https://www.federalreserve.gov/releases/z1/dataviz/pension/comparative_view/table/">state pension shortfall</a></li>
<li>Highest level of <a href="https://www.consumeraffairs.com/movers/states-people-are-moving-to-and-from.html">net exodus</a> from the state</li>
<li>Highest <a href="https://www.statista.com/statistics/630090/states-with-the-average-electricity-price-for-the-residential-sector-in-the-us/">cost for kilowatt hours</a> in the continental U.S.</li>
</ul>
While many folks have wryly referred to California as, “the most expensive weather in the world,” an increasing number of people are rethinking that cost — especially when the weather itself is now regularly accompanied by wildfires, mudslides, and earthquakes.
The <a href="https://hgbr.org/californias-economic-challenges-a-growing-exodus-and-policy-concerns/">Hampton Global Business Review</a> concludes, “The allure of California’s beaches and innovation hubs might not be enough to counteract the growing disenchantment among its residents and business leaders.”
While all of this is more than sobering, contrary to the popular narrative, the untenable situation in which the state now finds itself cannot be blamed solely or even largely on the handful of people who have occupied the top leadership roles or even the few thousand in mid-tier management/political roles for the state. To be sure, many of those people have largely been far worse than feckless; they have been actively counterproductive — perhaps even maleficent. But blaming leadership is like blaming guns for shooting homicides. They could not have performed this disservice without the active support of the California voters.
Time and time again, California voters continue to check the box for more of the same people who continue to inflict damage on them for decades now. But more importantly, they knowingly do so. No objective observer can credibly argue that Californians have been fooled or misled by their leaders or the outrageous decisions they have made, or failed to make.
The great scholar, author, and life-long California resident Dr. Victor Davis Hanson has for years <a href="https://goodreads.com/book/show/28121811-the-decline-and-fall-of-california">detailed</a> the disastrous results of many of these decisions — from eliminating fire-preventing forest management, to not only failing to build appropriate dams but blowing up existing dams and eliminating reservoirs, to promoting unchecked and mass illegal immigration.
There was likely no more clarifying moment of truth on this point than when Governor Gavin Newsom faced a recall. His record was damning. There was the bungled and hypocritical mismanagement of the COVID virus response — complete with vaccine shortages, maskless French Laundry dinners with friends, and arbitrary business closure guidelines, a budget deficit that was more than double his own projection, and most importantly, the ignoring or exacerbation of most of the long list of the aforementioned maladies destroying the state.
Not only did the recall effort fail miserably, with Newsom receiving a convincing approval mandate of 62% of the vote, but he was then solidly re-elected in 2022 with nearly that same margin. California voters, no doubt painfully aware of all of these issues essentially said, “Yes, yes, yes! Give us more of this!”
But suppose for just a moment that Newsom had been recalled, that perhaps he had skewered one of the sacred cows big enough to motivate his ouster. Perhaps he drove a diesel car, or contended that there is something wrong about allowing a 250lb biological male athlete to compete with women, or suggested that maybe the unpunished shoplifting limit should be reduced from $950 to say $500, or publicly stated that illegal immigrants are not entitled to the same rights as U.S. citizens. Who would voters have suggested take his place? It almost certainly would have been another entity not dissimilar to Newsom in any significant way.
All of this is exacerbated by the fact that so many logically thinking, hard-working, patriotic Americans are leaving California if they can. With each passing year, the state is left with an increasingly left-leaning voter base — and they like it that way.  Thus, it is folly to believe that California’s ills can be solved as simply as replacing a few, key incompetent leaders. California’s failed leadership is not nearly as problematic as its failed follower-ship. And that is a far harder nut to crack.
Brian Wilson made a career writing songs about the abundant fun, fun, fun available in the Golden State. Were he with us today, begrudgingly or not, he would have to admit that clearly, daddy took the T-Bird away.
* * *
Greg Salsbury, Ph.D. is former president of Western Colorado University and Board of Advisor member for <a href="https://starrs.us/" target="_blank" rel="noopener">STARRS.US</a>.
The views expressed in this piece are those of the author and do not necessarily represent those of The Daily Wire.

Vogue World: Hollywood Press Announcement

California Had Fun, Fun, Fun — Until Voters Took The T-Bird Away

Business

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Planned Parenthood has long been synonymous with abortion, profiting from the violent destruction of preborn children. But now, the nation&#8217;s largest abortion chain has added another sinister revenue stream — mutilating young people in the name of “gender-affirming care.” It is past time for Congress to cut off the more than half a billion dollars in taxpayer funding that Planned Parenthood receives annually. Americans should not be forced to subsidize an organization that ends the life of preborn babies and irreversibly harms confused young people.
Planned Parenthood’s <a href="https://www.liveaction.org/news/report-details-planned-parenthood-record-abortions-funding/">total revenue</a> for 2023-24 was $2.03B, nearly the same as the previous fiscal year of 2022-23 at $2.05B. They took in a staggering $498 million just in donations in 2022 — and instead of improving the <a href="https://www.nytimes.com/2025/02/15/us/planned-parenthood-clinics.html">horrific conditions</a> inside its clinics, it funneled much of it into advancing its radical political and legal agenda. In 2024 alone, the abortion giant spent <a href="https://www.plannedparenthoodaction.org/pressroom/statement-from-planned-parenthood-action-fund-on-presidential-election-results#:~:text=Planned%20Parenthood%20advocacy%20and%20political%20organizations%20made%20a%20record%2Dbreaking%20%2469.5%20million%20investment%20during%20the%202024%20election%20cycle.">$69.5 million</a> to defeat pro-life Republican candidates and policies.
<h3>Abortion: The Business of Death</h3>
According to its 2023-2024 <a href="https://www.liveaction.org/news/report-details-planned-parenthood-record-abortions-funding/">annual report,</a> Planned Parenthood performed 402,230 abortions in the 2022 to 2023 fiscal year. This breaks down to an average of 1,102 daily abortions, nearly 46 hourly, and one every 78 seconds Its business model revolves around ending innocent lives, and they are unapologetic about it. The science is clear: from the moment of fertilization, a unique human life begins. Yet Planned Parenthood treats preborn children as disposable. Their so-called &#8220;care&#8221; consists of poisoning or dismembering the youngest members of our human family.
This brutality is not an unfortunate byproduct of their work — it is their core business. Despite offering <a href="https://lozierinstitute.org/fact-sheet-planned-parenthoods-2023-24-annual-report/">fewer legitimate healthcare</a> services each year, Planned Parenthood’s abortion numbers continue to rise. Women in crisis deserve real support, not an organization that profits from their despair by ending their children’s lives.
Defunding Planned Parenthood is not about limiting healthcare access; it is about redirecting taxpayer dollars to organizations that actually serve women and children. Yet, year after year, Congress continues to funnel hundreds of millions of taxpayer dollars into this abortion behemoth.
<h3>Gender Transitions: The Business of Mutilation</h3>
As if poisoning and dismembering preborn children weren’t evil enough, Planned Parenthood has also become one of the largest providers of cross-sex hormones, pushing powerful, life-altering drugs onto vulnerable teenagers with little to no medical oversight. According to <a href="https://www.thefp.com/p/how-did-planned-parenthood-become?utm_source=chatgpt.com">insurance claim data</a>, Planned Parenthood has prescribed gender transition hormones to at least 40,000 young adults in just one year, often after brief, <a href="https://www.foxnews.com/politics/undercover-investigation-planned-parenthood-prescribing-hormones-minors-minimal-oversight">superficial consultations</a>.
One of us, Chloe, knows firsthand the devastation of this industry. As a teenager, she was encouraged to believe that she was born in the wrong body. Medical professionals — including those at organizations like Planned Parenthood — fast-tracked her onto puberty blockers, testosterone, and eventually a double mastectomy, all before she was old enough to legally drive. She was told it would bring her happiness. It didn’t. It left her with permanent scars, a deep voice, a damaged body, and the realization that she had been betrayed by the very people who claimed to help.
Planned Parenthood is not providing informed, compassionate care. They are running a conveyor belt of gender transition services, <a href="https://www.youtube.com/watch?v=GfoZCtbvdhM">pushing vulnerable young people</a> toward a medical pathway that results in permanent sterilization, sexual dysfunction, and lifelong regret. Many of those who detransition, like Chloe, find themselves abandoned by the medical community that once rushed them into these procedures.
<h3>No More Taxpayer Funding</h3>
The American people should not be forced to pay for the destruction of innocent lives or the mutilation of confused young people. Planned Parenthood has shown time and time again that it is not a legitimate healthcare provider. It is an ideological machine that profits off death and suffering.
According to a recent <a href="https://lozierinstitute.org/fact-sheet-planned-parenthoods-2023-24-annual-report/#_ftn14">report</a> from the Lozier Institute, &#8220;Taxpayer funding in the form of government grants, contracts, and Medicaid reimbursements hit $792.2 million, over $2 million per day&#8230;&#8221;
European nations such as Sweden, Finland, and the United Kingdom are now restricting the use of puberty blockers and cross-sex hormones for minors, recognizing that the evidence supporting them is weak and the risks catastrophic. Yet, in the U.S., Planned Parenthood continues to push these treatments at record rates, all while receiving taxpayer dollars.
Enough is enough. Congress must act. Every dollar that funds Planned Parenthood is a dollar spent enabling the deaths of preborn children, the mutilation of young people caught in an identity crisis, and political attack ads on Republican leaders. That money should be invested in real healthcare — providers that support women, protect children, and offer genuine, life-affirming care and psychological help.
The fight to defund Planned Parenthood is not just a policy battle; it is a crossroads for our nation. Lives are at stake for both the preborn children who deserve the right to live and the young people being led down a destructive path from which they may never fully recover. We must demand that our lawmakers stand against this barbarism. It’s time to end taxpayer funding for an organization that kills and mutilates the most vulnerable in our community. Congress must defund Planned Parenthood now.
* * *
Lila Rose is a writer, speaker and activist. She is the founder and president of Live Action, a human rights nonprofit with the largest digital footprint for the global pro-life movement.
Chloe Cole, a poised and articulate 20-year-old woman, passionately advocates against the practice of transitioning minors.Driven by a noble mission to safeguard children from potentially harmful ideologies and medical interventions, Chloe draws from her personal experiences to shed light on the distressing consequences of gender-affirming care for adolescents. Having embarked on her own transition journey at the tender age of 12, only to subsequently detransition at 16, Chloe speaks with firsthand authority on the deeply traumatic effects experienced by minors undergoing such treatments. Follow her: @ChoooCole
The views expressed in this piece are those of the author and do not necessarily represent those of The Daily Wire.

Planned Parenthood door

After Raking In $800M In Taxpayer Dollars, Planned Parenthood Now Offers Trans Services

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Corporations that receive billions of dollars in taxpayer-funded federal contracts have a duty to be ideologically neutral, transparent, and accountable to the American people.
This shouldn’t need to be said. But 1792 Exchange’s <a href="https://1792exchange.com/contractors/" target="_blank" rel="noopener">new database</a> of top government contractors shows that it does.
One of the report’s most striking revelations is the fact that some government contractors most aggressively aligned with diversity, equity, and inclusion (DEI) are not even American. These include the United Kingdom-based BAE Systems, BP, Deloitte, and Rolls-Royce, and Ireland-based Accenture.
Many American contractors blatantly promote radical agendas — at this point, LGBT might as well stand for “Lockheed, General Dynamics, Boeing, Textron” — but allowing foreign firms to act as ideological agents within the American system is beyond the pale.
These firms exert extensive influence on federal agencies and provide essential services such as defense technology, energy logistics, financial auditing, and consulting, while actively promoting a worldview that the American electorate and our current administration reject.
As President Donald Trump made clear in executive orders rescinding federal DEI mandates, the “government should be focused on mission readiness, not ideological indoctrination.” This principle must encompass foreign contractors and consultants.
To grasp the scale of ideological encroachment, consider <a href="https://1792exchange.com/spotlight-reports/corporate-bias-ratings/?c_id=1073" target="_blank" rel="noopener">BAE Systems</a>, the British defense and aerospace giant, which received $7.7 billion in government contracts in 2023.
Despite serving as a primary contractor for the Department of Defense, BAE has <a href="https://www.baesystems.com/en-us/article/bae-systems-inc-releases-third-annual-dei-report" target="_blank" rel="noopener">adopted comprehensive DEI goals</a>, including race- and gender-based recruitment benchmarks and board composition — a commitment they called “<a href="https://www.annualreports.com/HostedData/AnnualReportArchive/b/LSE_BA_2023.pdf" target="_blank" rel="noopener">Change the Race Ratio</a>” in their 2023 annual report — and ethnicity-based mentorship programs, such as RISE, implemented by KPMG.
In the United Kingdom, where BAE is allowed to take “<a href="https://www.gov.uk/government/publications/positive-action-in-the-workplace-guidance-for-employers/positive-action-in-the-workplace#:~:text=communicate%20with%20staff.-,2.,is%20relevant%20to%20a%20case." target="_blank" rel="noopener">positive action</a>,” it must adhere to national expectations of not engaging in “positive discrimination.” Yet on American soil, with American funds, they behave as if potential violations of civil rights law are both normative and commendable.
Similarly, <a href="https://1792exchange.com/company/bp/" target="_blank" rel="noopener">BP</a> — the British energy conglomerate that obtained over a billion dollars in federal contracts from the United States government — publicly supports a vast range of DEI policies, <a href="https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/sustainability/bp-diversity-equity-and-inclusion-report-2020.pdf" target="_blank" rel="noopener">including racial equity audits</a>, <a href="https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/investors/bp-directors-remuneration-report-2021.pdf" target="_blank" rel="noopener">DEI-linked executive compensation schemes,</a> and <a href="https://www.bp.com/en/global/corporate/careers/life-at-bp/our-stories/bp-recognized-by-stonewall.html" target="_blank" rel="noopener">gender identity training</a> protocols.
American citizens, through federal procurement budgets, are effectively subsidizing an imported ideology that increasingly lacks democratic legitimacy at home.
<a href="https://1792exchange.com/company/accenture/" target="_blank" rel="noopener">Accenture</a> ($3 billion) and <a href="https://1792exchange.com/company/deloitte/" target="_blank" rel="noopener">Deloitte</a> ($3.7 billion), incorporated in Ireland and the United Kingdom, respectively, have become deeply embedded in federal operations, making their cultural influence within agencies indistinguishable from that of internal leadership. These firms frequently promoted their DEI credentials in competitive bids, and until now, federal officials have often highlighted these characteristics as value-added features instead of liabilities.
It’s commendable that Accenture <a href="https://www.foxbusiness.com/politics/accenture-dropping-corporate-dei-policies" target="_blank" rel="noopener">announced it would end its DEI initiatives</a>. However, given its history of establishing headquarters in foreign countries — first in Bermuda, then moving to Dublin in 2009 to avoid paying American taxes — it’s concerning that the company promoted this agenda at any point without being fully invested in the outcome of our nation.
Given that $3 billion of its $64.9 billion in revenue comes directly from American taxpayers, and its global CEO operates from an office in the Washington, D.C., area, one should question how Accenture can claim to be Irish. Notably, the company is aware of this line of inquiry, listing its Irish domicile as a risk factor in its <a href="https://www.accenture.com/content/dam/accenture/final/accenture-com/a-com-custom-component/iconic/document/Accenture-2024-10-K.pdf" target="_blank" rel="noopener">2024 10-K filing</a> with the Securities and Exchange Commission.
Likewise, <a href="https://1792exchange.com/company/rolls-royce-holdings-plc/" target="_blank" rel="noopener">Rolls-Royce</a> ($1.1 billion), the British aerospace firm, completes the list of foreign-headquartered contractors that combine technological excellence with radical ideological activism. Although it <a href="https://www.thetimes.com/business-money/companies/article/rolls-royce-dei-us-diversity-backlash-9hcs2zdrm" target="_blank" rel="noopener">reportedly</a> rolled back funding for its identity-based employee resource groups in the United States, Rolls-Royce previously enacted internal policies that reflect the most radical tenets of the DEI framework, including <a href="https://www.rolls-royce.com/~/media/Files/R/Rolls-Royce/documents/annual-report/2021/ar2021-strategic-report.pdf" target="_blank" rel="noopener">“anti-racism” events</a> and <a href="https://www.rolls-royce.com/country-sites/sea/our-stories/2019/women-in-stem.aspx" target="_blank" rel="noopener">unconscious bias training</a>.
The central paradox is this: as the United States reorients its federal policy around merit, neutrality, and excellence, some of the largest beneficiaries of government contracts are foreign actors advancing the very ideologies that Americans just voted to reject.
Congress and the Trump administration must act swiftly to align federal contracting policy with the new executive directives. A contractor’s country of incorporation must not allow it to launder political agendas through backdoor bureaucratic channels.
Ultimately, federal contracting is more than an economic matter; it is a matter of sovereignty. American taxpayers should not be subsidizing foreign entities that undermine American values. 1792 Exchange’s report has exposed this vulnerability. Now, it falls to policymakers to close the gap between the will of the people and the behavior of those paid to serve them.
Daniel Cameron is the CEO of the 1792 Exchange and the former attorney general of Kentucky.
The views expressed in this piece are those of the author and do not necessarily represent those of The Daily Wire.

Davos become a showcase for global companies

Foreign Companies Use Taxpayer Dollars To Push DEI. That Needs To Stop.

Federal Government

Lockheed Martin

United Kingdom

The &#8220;Big, Beautiful Bill,&#8221; backed by President Donald Trump, fulfills one of Republicans&#8217; most provocative promises: to tax universities with massive endowments. The tax would help reduce the United States deficit by taxing multibillion dollar institutions of privilege as if they were hedge funds with classrooms attached — which critics say institutions like Harvard are.
The version of the bill passed by the House would institute hefty taxes on &#8220;net investment income&#8221; for universities with the largest endowments, topping out at 21% for colleges with endowments equivalent to more than $2 million per student. Colleges with endowments less than $500,000 per student wouldn&#8217;t be taxed, while those with endowments between $500,000 and $750,000 per student would be taxed 1.4%, with two other rates in between.
But the <a href="https://www.congress.gov/bill/119th-congress/house-bill/1/text">language</a> is not just designed to punish colleges that Republicans say have become liberal political organizations; it is written in a way that could benefit Americans by significantly increasing the slots available at high-level universities for citizens, rather than foreigners.
The calculation of endowment per student counts only students from the United States. So, one of the ways colleges can avoid taxes is by ensuring that more of their slots go to Americans. If a college has a $1 billion endowment and 1,000 students, that works out to $1 million per student, which would fall under a 7% tax rate. But if half of those students are foreigners, the rate would actually be based on dividing $1 billion by 500 students, resulting in a $2 million figure — and a much higher tax rate.
In some ways, the massive flow of foreigners to American colleges mirrors the surge in immigrants crossing the southern border. According to <a href="https://opendoorsdata.org/annual-release/international-students/">Open Doors</a>, which tracks international scholarship, more than 1.1 million foreigners studied at American colleges in the 2023-24 school year, up 7% from the previous year. The number of foreign graduate students was at &#8220;an all-time high,&#8221; it said, at 500,000. Most of the students came from India and China, and the highest growth rate came from sub-Saharan Africa.
The group said New York University had more than 27,000 international students, while Northeastern University had 21,000 and Columbia had 20,000. According to <a href="https://www.reuters.com/data/how-many-foreign-students-are-every-us-college-2025-05-22/">Reuters</a>, 42% of students at Carnegie Mellon were foreign, while the rate was 39% at Northeastern and Columbia, and 34% at NYU.
Universities say they prefer to admit foreign students because they are often wealthy people paying full tuition, and their progressive tuition model relies on charging high prices for some to subsidize financial aid for poor people.
But Republicans say that makes it more difficult for Americans to gain admittance to American schools at all, and that colleges get preferential tax treatment and significant government funding on the premise that they are educating American taxpayers.
Open Doors said that 55% of the foreign students pay for school using foreign money, typically from their family, while 41% are funded with money from the United States. In half of those cases, the money comes from the colleges, often through &#8220;federal government research grants disbursed to the student through the institution,&#8221; it said.
Republicans also say using American universities to train and conduct research by foreigners poses national security concerns. A common way that people begin residing illegally in the country is by coming on a student visa, and then never leaving when it expires. Mohammad K. Dabous of Jordan, for example, was arrested for allegedly ramming a truck through the gates of the Quantico military base after <a href="https://www.dailywire.com/news/illegal-who-tried-to-infiltrate-quantico-was-let-into-country-to-attend-u-s-college">overstaying a student visa</a>.
Giving foreigners, instead of Americans, a significant number of slots at elite institutions also leads to the argument that we need high immigration to staff the country with <a href="https://www.dailywire.com/news/the-h1-b-jobs-that-prove-the-visa-program-badly-needs-reform">doctors and engineers</a>, because there aren&#8217;t enough Americans with the necessary training.
The percentage of foreign students at some universities has become so high that instead of the American way of life rubbing off on a few visitors, antisemitism and third-world blood feuds have become a part of a dominant culture. Columbia, with its sizable international population, was at the epicenter of anti-Israel and anti-Western unrest, with Muslim immigrants radicalizing privileged Western leftists.
The &#8220;Big, Beautiful Bill,&#8221; which awaits passage by the Senate, would also overhaul how student loans are administered, forcing <a href="https://www.dailywire.com/news/heres-how-the-big-beautiful-bill-sticks-it-to-universities-that-churn-out-unemployed-debtors">colleges to eat the costs of bad bets when students can&#8217;t pay their loans</a>—in turn putting pressure on colleges to lower tuition, admit only qualified students, and deemphasize useless majors.
Related: <a href="https://www.dailywire.com/news/george-washington-university-antisemitism-lawsuit">U.S. Diplomat Training Ground Let Antisemites Take Over Its Faculty, Lawsuit Says</a>

Pro Palestine Columbia students continue occupation of campus

How The Big Beautiful Bill Would Push Colleges To Educate Americans, Not Foreigners

Education

Universities

Senate Republicans unveiled their plan to secure the border, unleash domestic energy, and make President Donald Trump&#8217;s tax cuts permanent, hitting back against Democrats&#8217; backlash to Republican efforts to stop funding entitlement programs for illegal aliens. 
A <a href="https://www.republican.senate.gov/strongandprosperous/">website</a> launched on Wednesday outlines Senate Republican priorities for the bill while addressing panicked claims from Democrats about Republican plans for Medicaid. The page also allows visitors to check how much additional taxes they will have to pay if the 2017 Trump tax cuts are allowed to expire. For example, the expiration of the cuts would cost the average Floridian around $3,650. 
“Every single Senate Democrat supports the biggest tax hike in history, illegal aliens on Medicaid rioting in the streets, and more inflation— and we will make sure everyone knows it,” Senator Tom Cotton told The Daily Wire. “Americans support our plan for Safety and Prosperity because it does the opposite: keeps taxes low, reduces spending, and protects Medicaid for those who need it.”
Senate Republican priorities include funding Trump’s executive orders, securing the border, funding a border wall, and allocating funds to hire more ICE and Customs and Border Protection agents, as well as funding Trump’s Golden Dome missile defense project and building more Navy ships and drones. 
<div id="attachment_932871" style="width: 1568px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-932871" class="size-full wp-image-932871" src="https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-12.21.10%E2%80%AFPM.png" alt="" width="1558" height="800" srcset="https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-12.21.10%E2%80%AFPM.png 1558w, https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-12.21.10%E2%80%AFPM-300x154.png 300w, https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-12.21.10%E2%80%AFPM-1024x526.png 1024w, https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-12.21.10%E2%80%AFPM-768x394.png 768w, https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-12.21.10%E2%80%AFPM-1536x789.png 1536w" sizes="(max-width: 1558px) 100vw, 1558px" />Senate Republican Conference website.</div>
They also want to make the Trump tax cuts permanent, which they say will help Americans avoid a $4 trillion tax hike; make the small business tax deduction permanent; and increase oil and gas lease sales.
<div id="attachment_932873" style="width: 2609px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-932873" class="size-full wp-image-932873" src="https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-1.13.20%E2%80%AFPM.png" alt="" width="2599" height="1348" srcset="https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-1.13.20%E2%80%AFPM.png 2599w, https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-1.13.20%E2%80%AFPM-300x156.png 300w, https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-1.13.20%E2%80%AFPM-1024x531.png 1024w, https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-1.13.20%E2%80%AFPM-768x398.png 768w, https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-1.13.20%E2%80%AFPM-1536x797.png 1536w, https://dw-wp-production.imgix.net/2025/06/Screenshot-2025-06-11-at-1.13.20%E2%80%AFPM-2048x1062.png 2048w" sizes="(max-width: 2599px) 100vw, 2599px" />Senate Republican Conference.</div>
Some Senate Democrats, like Brian Schatz (HI) and Martin Heinrich (NM), have <a href="https://x.com/SenBrianSchatz/status/1932828301820674458" target="_blank" rel="noopener">claimed</a> that millions of people will be kicked off Medicare if the Republican proposal passes. Senate Republicans say they are only looking to cut fraud and waste, and ensure that illegal aliens aren’t benefiting from entitlement programs. 
The House has already passed its reconciliation bill, including reforms to entitlement programs. For Medicaid, these reforms include making illegal aliens ineligible and imposing basic work requirements for able-bodied Americans. 
Some Republicans are also pushing to end the funding of transgender procedures for both kids and adults in the bill. Sen. Roger Marshall (R-KS) introduced a bill last month ending funding for transgender procedures he said he hoped to get into the reconciliation bill, while Sens. John Cornyn (R-TX) and James Lankford (R-OK) <a href="https://www.dailywire.com/news/exclusive-senate-gop-proposal-would-end-federal-funding-for-genital-mutilation-procedures?author=Leif+Le+Mahieu&amp;category=News&amp;elementPosition=3&amp;row=0&amp;rowType=Vertical+List&amp;title=EXCLUSIVE%3A+Senate+GOP+Proposal+Would+End+Federal+Funding+For+‘Genital+Mutilation’+Procedures" target="_blank" rel="noopener">introduced</a> a similar bill on Tuesday.

Confirmation Hearing Held For Secretary Of Defense Nominee Pete Hegseth

EXCLUSIVE: Senate Republicans Lay Out Priorities For Spending Bill, Slam Democrat Attacks

Senate

Senate Republicans

Spending Bill

Governor Gavin Newsom is &#8220;threatening to commit criminal tax evasion,&#8221; Treasury Secretary Scott Bessent said on Sunday, amid an escalating war of words between California and the Trump administration.
The warning from Bessent came in response to Newsom recently <a href="https://x.com/GavinNewsom/status/1931087538565054849" target="_blank" rel="noopener">suggesting</a> that his state &#8220;cut&#8221; off the more than $80 billion &#8220;more in taxes than we get back&#8221; in response to a CNN <a href="https://www.cnn.com/2025/06/06/politics/trump-california-federal-funding" target="_blank" rel="noopener">report</a> with sources claiming President Donald Trump was preparing a broad cancellation of federal funding for California.
&#8220;Governor [Gavin Newsom] is threatening to commit criminal tax evasion. His plan: defraud the American taxpayer and leave California residents on the hook for unpaid federal taxes,&#8221; Bessent <a href="https://x.com/SecScottBessent/status/1931763599116030322" target="_blank" rel="noopener">said</a> in a thread posted on X.
&#8220;I am certain most California businesses know that failing to pay taxes owed to the Treasury constitutes tax evasion and have no intention of following the dangerous path Governor [Gavin Newsom] is threatening,&#8221; Bessent added. &#8220;I would warn state officials, including payroll managers, that federal law attaches personal liability to an &#8216;attempt to evade or defeat tax.'&#8221;
Newsom&#8217;s &#8220;comments are extremely reckless. Instead of committing criminal tax evasion, Governor Newsom should consider a tax plan for California that follows the Trump Tax Cuts model and reduces the onerous state tax burden to allow families to keep more of their hard-earned money,&#8221; Bessent concluded.
Bessent posted the thread as Newsom, a Democrat widely considered a potential candidate for the presidency, <a href="https://www.dailywire.com/news/deranged-behavior-gavin-newsom-declares-war-on-pete-hegseth-gets-more-than-he-bargained-for" target="_blank" rel="noopener">clashed</a> with President Donald Trump and Defense Secretary Pete Hegseth over troop deployments to California amid violent anti-ICE protests that have taken place in and around Los Angeles over the weekend.
After Hegseth said active-duty Marines at Camp Pendleton would be <a href="https://www.dailywire.com/news/pete-hegseth-puts-nearby-u-s-marines-on-high-alert-as-los-angeles-burns" target="_blank" rel="noopener">mobilized</a> to assist National Guardsmen if the chaos persists, Newsom accused the Defense Secretary of exhibiting &#8220;<a href="https://www.dailywire.com/news/deranged-behavior-gavin-newsom-declares-war-on-pete-hegseth-gets-more-than-he-bargained-for" target="_blank" rel="noopener">deranged behavior</a>&#8221; for &#8220;threatening to deploy active-duty Marines on American soil against its own citizens.&#8221;
In response, Hegseth said on X, &#8220;Deranged = allowing your city to burn &amp; law enforcement to be attacked. There is plenty of room for peaceful protest, but ZERO tolerance for attacking federal agents who are doing their job. The National Guard, and Marines if need be, stand with ICE.&#8221;

Secretary of the Treasury Scott Bessent

Newsom ‘Threatening’ Criminal Tax Evasion, Treasury Secretary Warns

Pete Hegseth

Riots

Scott Bessent

Trump Administration

U.S.

The most radical thing Washington can do right now is stop spending. President Trump’s proposed $9.4 billion rescissions package won’t accomplish that on its own, but it at least, finally, moves us in the right direction.
For decades, members of both parties have treated spending growth as a measure of success. The assumption has been that government must grow, and that any program, once funded, must be permanent. That mindset has left us with a bloated federal bureaucracy that has replaced free-market policy and individual freedom with centralized control and pushed the country to <a href="https://www.usdebtclock.org/">nearly $37 trillion in debt</a>.
Still, most sitting lawmakers have never voted to cut a single dollar of federal spending. This package gives them that chance. More than that, it gives them an opening to start restoring the habits of a functioning legislature.
It’s also the first time the Department of Government Efficiency has had its work put into legislative form. Elon Musk built and led DOGE under the simple premise to stop wasting taxpayer money. Musk has since returned to the private sector, but he and the president have made clear that the mission remains. The rescissions package, which would codify spending cuts proposed by DOGE, reflects that mission. It targets corrupt USAID programs, taxpayer subsidies for ideologically biased public broadcasters NPR and PBS, and other programs that fail even a basic test of necessity in a <a href="https://www.nytimes.com/live/2025/05/02/us/trump-budget-2026">$1.7 trillion discretionary budget</a>.
Fiscal conservatives, especially those complaining this package doesn’t go far enough, should not let the perfect be the enemy of the essential. Fiscal discipline, like any discipline, requires a starting point. You don’t run a marathon by starting with 20 miles, you start with one. This bill is that first mile.
Congress should treat it as such: start small, bank the win, and keep cutting wherever the rules allow. That means more rescissions, which require only a simple majority to pass. It also means using the appropriations process and, when necessary, continuing resolutions, to keep pushing the issue. Not every tool requires a supermajority, but even the ones that do are worth using to force the debate. Progress in this fight can come steadily if congressional Republicans stay united and focused.
It also means that if passed, this package should be the first of a longer series of cuts. Each one can go further, targeting programs that stray from constitutional purpose or national interest. Repetition in this case can build momentum and credibility.
It can also build legislative muscle memory. Too many lawmakers now assume the only way forward is through bipartisan overspending. A successful rescission would challenge that assumption. It would remind Congress that not every federal dollar is sacred and that cutting even a fraction of the budget is still possible with political will.
Moreover, follow-through matters just as much as passage. House and Senate Republicans must ensure these cuts aren’t restored elsewhere. Cuts that DOGE has made or proposed shouldn’t be backfilled through continuing resolutions or omnibus bills, especially those that are widely popular across America. What gets cut should stay cut. The goal is a permanent shift in direction.
DOGE’s broader purpose has always been to realign government toward greater efficiency and accountability. That vision reflects a basic expectation of public service – that government should function effectively, that leaders should make responsible decisions rather than defer them, and that taxpayers should have confidence their money is being used with care, not lost to inefficiency or corruption.
Congressional Republicans should also keep in mind that a win here sets the tone for the 2026 midterm elections. It signals that the Trump administration’s second-term agenda, as well as the party’s broader movement, is not just about executive action but real, legislative reform. Therefore, they should view these cuts not as the finish line, but as the starting point.
The stakes are about whether the federal government serves the American people or the other way around; whether Congress retains the capacity to exercise restraint, or whether inertia has become the default; and whether a new generation of lawmakers can relearn the forgotten skill of saying no.
This rescissions bill offers the chance to begin answering those questions. Conservatives should take it, and then keep going.
* * *
Paul Teller is the Executive Vice President of Advancing American Freedom.
John Shelton is a policy director for Advancing American Freedom. 
The views expressed in this piece are those of the authors and do not necessarily represent those of The Daily Wire.

House Republicans

Why The First Spending Cut Is Worth Making

DOGE

Elon Musk

National Debt

President Trump

Republicans

U.S. House of Representatives

USAID

Speaker Mike Johnson (R-LA) earned widespread praise from GOP and conservative figures for successfully shepherding the &#8220;One Big, Beautiful Bill&#8221; through the House last week, a legislative victory that bolsters President Donald Trump’s agenda.
The bill <a href="https://www.dailywire.com/news/house-passes-one-big-beautiful-bill-in-massive-win-for-trump" target="_blank" rel="noopener">passed</a> through a 215-214 vote, with just two Republicans breaking ranks and joining Democrats in opposing it. It comes after Johnson <a href="https://www.dailywire.com/news/house-elects-mike-johnson-for-another-stint-as-speaker" target="_blank" rel="noopener">secured</a> re-election as House Speaker on the first ballot in January and <a href="https://www.dailywire.com/news/house-passes-funding-patch-win-trump-speaker-johnson" target="_blank" rel="noopener">helped</a> avert a government shutdown in March. Working through a thin majority, Johnson’s ability to largely unify the House GOP has solidified his reputation as an effective leader.
&#8220;Great job by Speaker Mike Johnson, and the House Leadership, and thank you to every Republican who voted YES on this Historic Bill!&#8221; Trump <a href="https://x.com/realDonaldTrump/status/1925548216243703820" target="_blank" rel="noopener">said</a> in a post on social media.
&#8220;Mike Johnson is emerging at the most successful Republican speaker since Newt Gingrich,” Daily Mail reporter Charlie Spiering <a href="https://x.com/charliespiering/status/1925546808396169537" target="_blank" rel="noopener">wrote</a> on X. “And he&#8217;s doing it with an eight vote majority.&#8221; National Review’s Rich Lowry, in a column <a href="https://www.nationalreview.com/corner/mike-johnson-prevails-again/" target="_blank" rel="noopener">titled</a> &#8220;Mike Johnson Prevails Again,” opined that despite being &#8220;plucked from obscurity,&#8221; Johnson has &#8220;proven quite an adept speaker.&#8221;
Fox News contributor Joe Concha <a href="https://x.com/joeconchatv/status/1925549769578954812" target="_blank" rel="noopener">posted</a> on X, “Mike Johnson is the MVP for Trump right now,” while Newsmax’s John Bachman <a href="https://x.com/johnfbachman/status/1925520933604761839" target="_blank" rel="noopener">said</a>, “Wow… Mike Johnson does it again. Impressive.”
<a href="https://get.dailywire.com/subscribe/plus/?utm_medium=website&amp;utm_source=editorial&amp;utm_campaign=memorial&amp;utm_content=editorialmemorialday" target="_blank" rel="noopener">Memorial Day Sale – Get 40% Off New DailyWire+ Annual Memberships</a>
Rep. Ashley Hinson (R-IA) <a href="https://x.com/RepAshleyHinson/status/1925517926448160991" target="_blank" rel="noopener">commented</a>, “The DC media loves to underestimate Speaker Johnson. Proven wrong once again.” RedState’s Joe Cunningham <a href="https://redstate.com/joesquire/2025/05/22/herding-cats-moving-mountains-and-passing-the-big-beautiful-bill-n2189450" target="_blank" rel="noopener">observed</a>, “This is the closest the House GOP has come to operating like a unified governing body in years.”
GOP strategist Matt Whitlock <a href="https://x.com/mattdizwhitlock/status/1925524185205330327" target="_blank" rel="noopener">called</a> the bill’s passage “a huge win for Speaker Johnson and House Republicans.” Grover Norquist, president of Americans for Tax Reform, <a href="https://x.com/GroverNorquist/status/1925657838434635846" target="_blank" rel="noopener">stated</a>, &#8220;Taxpayers owe [Johnson] and [House Majority Leader Steve Scalise (R-LA)] bigly for managing a narrow Republican House Majority that was united and committed to reducing taxes on the American people.&#8221;
Daily Signal President and Executive Editor Robert Bluey <a href="https://x.com/robertbluey/status/1925540483025019119" target="_blank" rel="noopener">remarked</a>, &#8220;An impressive winning streak for [Johnson]. The man knows how to get the job done.&#8221; CPAC’s Mercedes Schlapp <a href="https://x.com/mercedesschlapp/status/1925525353524592734" target="_blank" rel="noopener">declared</a>, &#8220;Speaker Johnson is one of the most effective House Speakers. An incredible accomplishment to bring together the different factions of the party to pass the One Big Beautiful Bill to support American families and protect our borders.&#8221;

U.S. Speaker of the House Mike Johnson (R-LA)

Speaker Johnson Attains ‘MVP’ Status For Steering ‘Big, Beautiful Bill’ To Victory

Mike Johnson

Tax Cuts

House Speaker Mike Johnson (R-LA) is defending the House-<a href="https://www.dailywire.com/news/house-passes-one-big-beautiful-bill-in-massive-win-for-trump" target="_blank" rel="noopener">passed</a> version of President Donald Trump’s “One Big, Beautiful Bill” from <a href="https://www.dailywire.com/news/rand-paul-warns-big-beautiful-bill-explode-debt" target="_blank" rel="noopener">criticism</a> that it would dangerously inflate the national debt from Sen. Rand Paul (R-KY).
Speaking on &#8220;Fox News Sunday&#8221; with anchor Shannon Bream, moments after Paul’s interview on the same program, Johnson diplomatically rebutted the senator’s claims that the bill features “wimpy and anemic” spending cuts and poses a national security threat by “exploding” the national debt.
&#8220;I agree wholeheartedly with what my dear friend, Rand Paul, said. I love his conviction and I share it. The national debt is &#8230; the greatest threat to our national security and deficits are a serious problem,&#8221; the speaker said. &#8220;What I think Rand is missing on this one is the fact that we are quite serious about this. This is the biggest spending cut, Shannon, in more than 30 years, we&#8217;re going to cut over $1.5 trillion in spending, and it&#8217;s a big leap forward.&#8221;
He continued: &#8220;The last time we had a spending cut was three decades ago, and it was only 800 billion, even adjusted for inflation. This is the biggest spending cut, I think, in the history of government on planet earth. Now, is it enough? Of course not. But we have a very delicate balance and we have to start the process. I liken this to an aircraft carrier. You don&#8217;t turn an aircraft carrier on a dime. It takes a mile of open ocean. And so, it took us decades to get into this situation. This is a big step to begin to turn that aircraft carrier.&#8221;
The speaker also took a moment to address &#8220;one important point&#8221; made by Paul.
&#8220;It sounds like his biggest objection is the fact that we are extending the debt ceiling,&#8221; Johnson said. &#8220;That&#8217;s a critically important thing to do. We have to do it. We&#8217;re not going to get any Democrats to assist on that. So, to get it through the Senate and make sure we don&#8217;t crash the U.S. economy and default on our debts for the first time in history, it has to be part of the reconciliation package. And that&#8217;s why the president, Trump, and all the other Republicans in Congress, House and Senate, understand the necessity of this.&#8221;
He added: &#8220;Real quick, important point here. It does not mean that we&#8217;re going to spend more money. We&#8217;re extending the debt ceiling to show to creditors, the bond markets, the stock market, that the Congress is serious about this. President Trump is dialed in 100%. He is a visionary leader. He does not want to spend more money. And he has the same concern about the national debt that Rand Paul and I do. That&#8217;s why we&#8217;re not going to be spending to that level. We&#8217;re just sending a message to our creditors around the world that we&#8217;re serious about all of this.&#8221;
<iframe loading="lazy" title="Speaker Johnson live with Shannon Bream on Fox News Sunday" width="500" height="281" src="https://www.youtube.com/embed/sr9NXt9-CZE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
Paul, who lamented that the U.S. deficit remains about $2.2 trillion, said he would consider backing the legislation if its proposed $4-5 trillion debt ceiling increase is removed.
&#8220;There&#8217;s got to be someone left in Washington who thinks debt is wrong and deficits are wrong and wants to go in the other direction,&#8221; he said. &#8220;The idea that we&#8217;re going to explode deficits and the projections are now looking at over $3 trillion in deficits over the next 10 years. I think it&#8217;s just &#8230; not a serious proposal.&#8221;

Speaker Mike Johnson

Mike Johnson Rebuts Rand Paul’s Debt Warning On ‘Big, Beautiful Bill’

Debt Ceiling

Sen. Rand Paul (R-KY) criticized the version of President Donald Trump&#8217;s &#8220;One Big, Beautiful Bill&#8221; <a href="https://www.dailywire.com/news/house-passes-one-big-beautiful-bill-in-massive-win-for-trump" target="_blank" rel="noopener">passed</a> by the House last week, warning that it would significantly increase the national debt.
In a Sunday interview with anchor Shannon Bream on &#8220;Fox News Sunday,&#8221; Paul expressed support for the bill&#8217;s tax cuts but described its spending cuts as &#8220;wimpy and anemic.&#8221; Even so, Paul said he could support the bill — if not for concerns about it adding to the nearly $37 trillion national debt.
&#8220;The problem is the math doesn&#8217;t add up,&#8221; Paul said. &#8220;They&#8217;re going to explode the debt by — the House says $4 trillion, the Senate&#8217;s actually been talking about exploding the debt $5 trillion.&#8221;
<blockquote class="twitter-tweet" data-media-max-width="560">
Great joining <a href="https://twitter.com/ShannonBream?ref_src=twsrc%5Etfw">@ShannonBream</a> on <a href="https://twitter.com/FoxNewsSunday?ref_src=twsrc%5Etfw">@FoxNewsSunday</a> to talk about why I oppose the Big Beautiful Bill. <a href="https://t.co/ylvf4TKXrz">pic.twitter.com/ylvf4TKXrz</a>
— Senator Rand Paul (@SenRandPaul) <a href="https://twitter.com/SenRandPaul/status/1926639668960883102?ref_src=twsrc%5Etfw">May 25, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Proponents <a href="https://www.dailywire.com/news/trump-budget-chief-responds-fiscal-hawk-heartburn-over-big-beautiful-bill" target="_blank" rel="noopener">tout</a> how the bill aims to make reforms to rein in spending programs, such as kicking illegal immigrants off Medicaid, and foster economic growth. Yet that may not be enough. Like the House, the Senate has a slim GOP majority, and it&#8217;s not guaranteed the bill will prevail in its current form.
Paul, who lamented that the U.S. deficit remains about $2.2 trillion, said he would consider backing the legislation if its proposed $4-5 trillion debt ceiling increase is removed.
&#8220;There&#8217;s got to be someone left in Washington who thinks debt is wrong and deficits are wrong and wants to go in the other direction,&#8221; he said. &#8220;The idea that we&#8217;re going to explode deficits and the projections are now looking at over $3 trillion in deficits over the next 10 years. I think it&#8217;s just &#8230; not a serious proposal.&#8221;
Confronted with the prospect of a coming U.S. default, Paul said he proposed an amendment that would raise the debt ceiling every three months to leverage spending cuts. However, Republicans are adopting the &#8220;same playbook&#8221; as the Democrats and keep avoiding the issue, he said.
Paul cautioned that borrowing to fund &#8220;free stuff&#8221; such as healthcare drives a $3 trillion deficit, triggering inflation that harms beneficiaries, and he bemoaned a failure to advance DOGE-proposed spending cuts or rescission packages.
The national debt, with $7 trillion in spending against $5 trillion in revenue, is the &#8220;greatest threat&#8221; to U.S. national security, Paul said.
&#8220;Conservatives do need to stand up and have their voice heard,&#8221; he declared. &#8220;This is a problem we&#8217;ve been facing for decades now, and if we don&#8217;t stand up on it, I really fear the direction the country is going.&#8221;

Sen. Rand Paul (R-KY)

Rand Paul Warns ‘Big, Beautiful Bill’ Will ‘Explode The Debt’

Rand Paul

U.S. Senate

In a significant victory for President Donald Trump, the Republican-led House early Thursday morning passed what the president has championed as the &#8220;one big, beautiful bill,&#8221; with enough Republican holdouts coming around to support the comprehensive tax and budget package.
Trump met with House Republicans two days in a row as they hashed out last-minute changes to win over members from high-tax blue states who wanted a higher state and local tax <a href="https://www.dailywire.com/news/this-tax-deduction-cap-threatens-to-derail-trumps-one-big-beautiful-bill" target="_blank" rel="noopener">(SALT) deduction cap</a> and fiscal hawks who demanded more spending cuts. The final vote, a close 215-214, followed back-to-back all-night sessions in the Rules Committee and on the House floor.
&#8220;We planned and we worked and we locked arms together as a team. And we have delivered this against all odds,&#8221; House Speaker Mike Johnson (R-LA) said in the final moments. &#8220;The media has tried to divide us. They&#8217;ve written our eulogy about 10 times. And you know what? Sometimes it&#8217;s good to be underestimated, isn&#8217;t it? But we got this done.&#8221;
Johnson managed to beat his deadline to pass the legislation by Memorial Day. It now heads to the Republican-controlled Senate for consideration. The Trump administration has indicated that it wants Congress to be <a href="https://www.bloomberg.com/news/articles/2025-04-28/bessent-republicans-huddle-on-taxes-as-economic-tension-builds" target="_blank" rel="noopener">done</a> with the bill by July 4.
The bill <a href="https://www.dailywire.com/news/passing-trump-one-big-beautiful-bill-gop-duty-voters-white-house" target="_blank" rel="noopener">aims</a> to provide funding and support for Trump’s priorities on border security, energy, and national defense. It also seeks to retain tax cuts from 2017 set to expire at the end of this year, raise the debt limit by trillions of dollars, implement <a href="https://www.dailywire.com/news/senate-unanimously-passes-no-tax-on-tips-act" target="_blank" rel="noopener">&#8220;no tax on tips&#8221;</a> and &#8220;no tax on overtime&#8221; policies, <a href="https://www.dailywire.com/news/republicans-take-big-step-to-codify-trumps-battle-against-gender-insanity" target="_blank" rel="noopener">block</a> federal dollars from funding transgender procedures, and more.
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The House led the charge in devising the finer details of the <a href="https://budget.house.gov/imo/media/doc/one_big_beautiful_bill_act_-_full_bill_text.pdf" target="_blank" rel="noopener">bill</a> after Congress <a href="https://www.dailywire.com/news/hold-trump-scores-big-beautiful-victory-house-budget-vote" target="_blank" rel="noopener">approved</a> a budget framework last month. The budget reconciliation process they are using will allow the Senate, with its narrow Republican majority, to bypass the three-fifths majority threshold for overcoming a filibuster. Still, doing so may not be so easy, as <a href="https://www.ronjohnson.senate.gov/2025/5/the-ugly-truth-about-the-big-beautiful-bill" target="_blank" rel="noopener">some</a> Republican senators <a href="https://x.com/mkraju/status/1922714643828498552" target="_blank" rel="noopener">expressed</a> reservations with the measure as it came together in the House.
Last-minute <a href="https://www.dailywire.com/news/house-republicans-reveal-final-changes-to-one-big-beautiful-bill" target="_blank" rel="noopener">tweaks</a> to the bill, meant to placate certain Republicans, include moving up Medicaid work requirements by two years to the end of 2026, and phasing out wind and solar energy tax credits after 2028. In addition, the SALT deduction cap was raised to $40,000, an increase from the <a href="https://www.dailywire.com/news/this-tax-deduction-cap-threatens-to-derail-trumps-one-big-beautiful-bill" target="_blank" rel="noopener">$30,000 limit</a> that had initially been placed into the bill. Lawmakers also settled on the name &#8220;Trump accounts&#8221; for a $1,000 savings <a href="https://www.nytimes.com/2025/05/21/us/politics/bill-would-give-newborns-1000-in-trump-accounts.html" target="_blank" rel="noopener">proposal</a> for newborns.
Democrats levied various complaints against the bill, including claims that it would result in people losing healthcare coverage and benefit the rich. They all voted against the bill, as did Republican Reps. Warren Davidson (OH) and Thomas Massie (KY), who raised concerns about <a href="https://x.com/WarrenDavidson/status/1925492567765856267" target="_blank" rel="noopener">spending</a> and the <a href="https://x.com/RepThomasMassie/status/1925429405649604776" target="_blank" rel="noopener">estimated</a> trillions of dollars the legislation is projected to add to the national debt.
Rep. Andy Harris (R-MD), chairman of the House Freedom Caucus, voted &#8220;present.&#8221;
Proponents focused on touting how the legislation would prevent a massive tax hike for working families and would kick illegal immigrants off Medicaid, among other things. Trump&#8217;s budget chief, Russell Vought, <a href="https://www.dailywire.com/news/trump-budget-chief-responds-fiscal-hawk-heartburn-over-big-beautiful-bill" target="_blank" rel="noopener">told</a> Daily Wire Editor Emeritus Ben Shapiro the legislation offers the &#8220;most historic level of mandatory savings that we’ve had, ever — $1.6 trillion&#8221; by reining in spending programs while fostering economic growth.

President Trump, VP Vance, and Speaker Johnson

House Passes ‘One Big, Beautiful Bill’ In Massive Win For Trump

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