Issues & Insights
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What We’re Reading: ‘Megabill’ Mania, No Fed Cuts Yet, Climate Scam’s Lost Clout … And More

News, issues and events that caught our eye.

Trump’s ‘Megabill’ Passes: What’s Next?

Taxes, energy, and healthcare: 3 ways Senate’s Trump megabill impacts the business world – Yahoo Finance

Tax cuts and Medicaid spending reductions head to House, with the July 4 deadline reachable – Wall Street Journal

Trump On ‘Big, Beautiful Bill’ – President Donald Trump, Truth Social

What made it into the Senate’s final ‘big, beautiful bill’ and what didn’t – Washington Examiner

Trump’s tax cuts spurred economic growth. Big Beautiful Bill will do it again – Kevin Hassett, Stephen Miran, USA Today

Deficit Hawks Should Look In the Mirror – John Tamny, Real Clear Markets

Trump On A Roll – Scott Smerconish, CNN, via Citizen Free Press and X

Despite No Fed Cuts, Economy Still Bouncing Along …

Powell confirms that the Fed would have cut by now were it not for tariffs – CNBC

The Market Crash That Wasn’t Yet – Powerline

WSJ: Say, Remember the Great Stock Market Crash of 2025? Well – Wall Street Journal, via Hot Air

For The First Time In Four Years, Americans Aren’t Paying More For Their July 4 Cookouts – The Federalist

Income up 8 times inflation – Don Surber, Stubstack

Mideast Change, This Time In Syria

Israel in ‘advanced talks’ for deal to end hostilities with Syria, says senior official – Times Of Israel

Trump signs order dismantling decades of Syria sanctions – The Hill

Not Everyone’s Changing: Hamas Puts Bounties on U.S. Aid Workers – Fox News

‘Climate Scam’ Losing Old Friends

Climate change influencer once chums with Greta Thunberg now calls the movement a ‘scam’ – Just The News

1900 Scientists Say ‘Climate Change Not Caused By CO2’ – The Real Environment Movement Was Hijacked – Zero Hedge

More Winning: USAID Shut Down

USAID has OFFICIALLY ceased operations, Secretary Rubio announces – Nick Sortor, X

After Musk Departure, DOGE Continue Eliminating Nearly $500M In Absurd Waste – Media Research Center

Rubio officially kills USAID, reveals future home for foreign assistance programs – Fox News

Is NY Socialist Mayoral Candidate Now Dems’ Biggest Problem?

Zohran Mamdani repeatedly pressed on whether he condemns ‘globalize the intifada’ term in NBC interview, but won’t – Fox News

Yes, Mamdani Is A Communist – Guy Benson, Townhall

Mamdani and ‘fact checkers’ deny he is a Communist, but his own words say otherwise – Just the News

Mamdani Grocery Store Plan Based On Embarrassing Error – Washington Examiner

Zohran’s Mamdani’s Communist Solution to Create Affordable Housing in NYC? Bring Back ‘The Projects.’ – X, via Instapundit

Department Of ‘Go Woke, Go Broke’

Forget ‘Go Woke, Go Broke’ — Jaguar Went Stupid Instead – PJ Media

‘Pixar’ Loses Its Movie Mojo, Thanks To Woke Films – Instapundit (Roundup)

Miscellaneous, But Important, Stuff …

DOJ sues Los Angeles for “deliberately obstructing” immigration enforcement – MxM News

FAFO: Trump Administration Sues L.A. Over Sanctuary City Policies – PJ Media

A First Look At ‘Alligator Alcatraz’ Deportation Facility – PJ Media

Beware the new eugenics – Joel Kotkin, UnHerd

Why we need to talk about black anti-Semitism – Joel Kotkin, The Spectator

Air Force General Warns Drone Swarms A National Threat – Miles Cheong, X

I & I Editorial Board

The Issues and Insights Editorial Board has decades of experience in journalism, commentary and public policy.

About Issues & Insights

Issues & Insights is run by seasoned journalists who were behind the Pulitzer Prize-winning IBD Editorials page (before it was summarily shut down). Our goal then and now is to bring our decades of combined journalism experience to help readers understand the top issues of the day. I&I is a completely independent operation, beholden to none, but committed to providing cogent, rational, data-driven, fact-based commentary that the nation so desperately needs. 

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