Tag: taxes

Federal Court Vacates Injunction on $16B in EPA Climate Grants

A federal appeals court on Tuesday vacated a lower court order requiring the Environmental Protection Agency and Citibank to continue funding $16 billion in climate-related grants, ruling that the grantees are unlikely to prevail in their lawsuit.

Judge Neomi Rao, writing for the panel, said the district court “abused its discretion” in issuing a preliminary injunction after five nonprofits sued the agency over its March 2025 decision to terminate the awards.

The court found that the groups’ claims were primarily contractual and must be pursued in the Court of Federal Claims, while their constitutional claim was without merit.

The case centers on grants awarded under the $27 billion Greenhouse Gas Reduction Fund created by the Inflation Reduction Act of 2022. In August 2024, the EPA directed $20 billion to eight nonprofits through two new programs, the National Clean Investment Fund and the Clean Communities Investment Accelerator.

The plaintiffs include Climate United Fund, which was awarded nearly $7 billion; the Coalition for Green Capital, which received $5 billion; Power Forward Communities, $2 billion; Inclusiv, $1.9 billion; and the Justice Climate Fund, $940 million.

The grants were structured through Citibank, which was designated as the federal government’s financial agent to hold and release the funds under EPA’s direction. That arrangement later became central to the legal dispute.

Earlier this year, U.S. District Judge Tanya Chutkan, an appointee of former President Barack Obama and who is often criticized by President Donald Trump, issued a temporary restraining order blocking the EPA’s attempt to terminate several of the nonprofit agreements. Her order also prohibited Citibank from disbursing funds while the case was pending.

The grants had been targeted as part of EPA Administrator Lee Zeldin’s campaign to claw back money from the Greenhouse Gas Reduction Fund, which Congress authorized under former President Joe Biden to launch pollution-reduction projects.

The EPA cited concerns about conflicts of interest and oversight in halting the program. The appeals court said the equities “strongly favor the government, which on behalf of the public must ensure the proper oversight and management of this multi-billion-dollar fund.”

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Taxpayer Dollars from NIH Used to Create ‘Transgender Monkeys’ to Inject with mRNA Vaccines

White Coat Waste Project (WCW), a watchdog group dedicated to ending taxpayer-funded animal experiments, has discovered that millions in taxpayer dollars from the National Institutes of Health (NIH) and the State of Florida are being spent on bizarre experiments to create “transgender” monkeys by pumping male rhesus macaques full of estrogen and then injecting them with mRNA vaccines.

The research, published in Cell Reports earlier this month, says that the experiments are aimed at modeling feminizing hormone therapy (FHT) as used by transgender biological males transitioning to “female.”

According to the paper, “To investigate the immune effects of estrogen within a male biological system, we administered exogenous E2 [estrogen] to male RMs [rhesus monkeys], modeling FHT [feminizing hormone therapy] as prescribed to TGW [transgender women].” Twelve young male monkeys were divided into groups and implanted with slow-release pellets containing either estrogen or a placebo.

The results were grotesque.

“FHT [feminizing hormone therapy] induces physical changes in TGW [transgender women], such as breast development, fat and muscle redistribution, and reduction in facial hair. To determine whether exogenous E2 [estrogen] therapy triggered similar female characteristics in male RMs [rhesus monkeys], we evaluated body alterations in the E2-treated animals. We found that male RMs [rhesus monkeys] treated with E2 [estrogen], but not placebo, developed significantly enlarged nipples similar to those of non-pregnant non-lactating female macaques.”

The estrogen-treated males developed “significantly enlarged nipples similar to those of non-pregnant non-lactating female macaques.” Additionally, “skin in the [estrogen]-treated macaques’ hips and thighs also became increasingly reddish and vascularized in a manifestation that resembled sex skin.” To further disrupt their systems, the researchers “artificially disrupted immune homeostasis through LNP/mRNA vaccinations,” injecting the animals with mRNA-based vaccines.

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Michigan Democrats Caught in $5 Billion Fraud Scheme

Republicans in Michigan have exposed one of the most blatant examples of budgetary abuse in recent memory. 

House Republicans say their review of the state budget revealed more than $5 billion in waste, fraud, and abuse, hidden through the creation of 4,277 “phantom jobs.” 

These positions do not exist in reality but were used to justify line items that allowed Democrats to funnel money toward radical priorities rather than essential services. 

Among the spending categories tied to these fake jobs are taxpayer-funded gender surgeries for convicted criminals and millions in “arts and culture” grants for organizations that cannot even be identified.

Under complete Democrat control, Lansing has allowed the budget to balloon to over $82 billion—the largest in state history. 

Compared to just two years ago, state spending has grown by nearly 20%, and rather than delivering real benefits for taxpayers, the increase has been absorbed by programs that advance ideological goals. 

Roads remain among the worst in the nation, insurance rates continue to weigh down families, and basic services show little improvement. Yet Democrats diverted billions toward programs that would not survive public scrutiny if debated honestly.

Republicans have presented a clear alternative. Their plan eliminates the fake jobs, strips out the fraudulent spending categories, and redirects those funds to priorities that ordinary citizens actually value. 

That includes repairing infrastructure, providing real tax relief, and ensuring that schools have the resources needed to educate students rather than serve as staging grounds for partisan experiments. 

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The Price of Genocide: How US Funding Sustains an Unraveling Israeli Economy

In an important step toward the economic isolation of Israel due to its genocide in Gaza, Norway’s Government Pension Fund Global has decided to divest from yet more Israeli companies.

Norway’s sovereign wealth fund is the world’s largest, with total investments in Israel once estimated at $1.9 billion. The decision to divest was taken gradually but is consistent with the Norwegian government’s growing solidarity with Palestine and rising criticism of Israel.

Taking a leading role along with Spain, Ireland, and Slovenia, Norway has been a vocal European critic of the Israeli genocide and man-made famine in Gaza, actively contributing to the International Court of Justice’s investigation into the genocide, and formally recognizing the state of Palestine in May 2024. This diplomatic and legal stance, coupled with its financial divestment, represents a coherent and escalating effort to hold Israel accountable for the ongoing extermination of Palestinians.

The Israeli economy was already in a state of freefall even before the genocide. The initial collapse was related to the deep political instability in the country, a result of Israeli Prime Minister Benjamin Netanyahu and his extremist government’s attempt to co-opt the judicial system, thus compromising any semblance of “democracy” remaining in that country. This resulted in a significant lowering of investor confidence.

The war and genocide, beginning on October 7, 2023, only accelerated the crisis, pushing an already fragile economy to the brink. According to reports from the Israel Ministry of Finance, foreign direct investments in Israel fell by an estimated 28% in the first half of 2024 compared to the same period in 2023.

Any supposed recovery in foreign investments, however, was deceptive. It was not the outcome of a global rallying to save Israel, but rather a consequence of a torrent of US funds pouring in to help Israel sustain both its economy and the genocide in Gaza, along with its other war fronts.

Israel’s Gross Domestic Product was estimated by the World Bank to be around $540 billion by the end of 2024. The war on Gaza has already taken a considerable bite out of Israel’s entire GDP. Estimates from Israel itself are complex, but all data points to the fact that the Israeli economy is suffering and will continue to suffer in the foreseeable future. Citing reports from the Bank of Israel and the Ministry of Finance, the Israeli business newspaper Calcalist reported in January 2025 that the cost of the Israeli war on Gaza had already reached more than $67.5 billion. That figure represented the costs of the war up to the end of 2024.

Keeping in mind that the ongoing war costs continue to rise exponentially, and with other consequences of the war – including divestments from the Israeli market by Norway and other countries – future projections for the Israeli economy look very grim. The Israeli Central Bureau of Statistics reported that the Israeli economy, already in a constant state of contraction, shrunk by another 3.5% in the period between April and June 2025.

This collapse is projected to continue, even with the unprecedented US financial backing of Tel Aviv. Indeed, without US help, the precarious Israeli economy would be in a much worse state. Though the US has always propped up Israel – with nearly $4 billion in aid annually – the US help for Israel in the last two years was the most generous and critical yet.

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Report: Trump Punishes Newsom by Canceling $427M Wind Project

President Donald Trump may have chosen to cut hundreds of millions of dollars in funding to a California wind project to punish Gov. Gavin Newsom (D) for signing a separate climate change deal with Denmark.

Last week, as Breitbart News reported, the Trump administration had canceled $679 million that was to have been spent on supposedly “doomed” offshore wind projects — $427 million of which was to have gone to a single wind project in Humboldt County, California.

The New York Times reported Friday:

The Transportation Department on Friday said it was terminating or withdrawing $679 million in federal funding for 12 projects around the country intended to support the development of offshore wind power, the latest of the Trump administration’s escalating attacks against the wind industry.

The funds, approved by the Biden administration, include $427 million awarded last year to upgrade a marine terminal in Humboldt County, Calif. The new terminal would be used to assemble and launch wind turbines capable of floating in the ocean, which the state of California had been planning to deploy to meet its renewable energy goals.

The list of targeted projects also includes $48 million for an offshore wind port on Staten Island, $39 million to upgrade a port near Norfolk, Va. and $20 million for a marine terminal in Paulsboro, N.J. Most of the projects were intended to be staging areas for the construction of giant wind turbines that would eventually be placed at sea.

“Joe Biden and Pete Buttigieg bent over backwards to use transportation dollars for their Green New Scam agenda while ignoring the dire needs of our shipbuilding industry,” Secretary of Transportation Sean Duffy said at the time. “Thanks to President Trump, we are prioritizing real infrastructure improvements over fantasy wind projects that cost much and offer little.”

One project, however, off the coast of Connecticut and Rhode Island, was reportedly 80% complete and due to begin operations next year.

It is being developed by Danish wind farm developer Orsted.

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HUD launches nationwide review of illegal immigrants living in public housing: ‘The gravy train is over’

Housing and Urban Development (HUD) Secretary Scott Turner announced that the Trump administration ordered a nationwide review of public housing in an attempt to root out illegal immigrants.

The Trump administration notified every public housing authority (PHA) across the country that it will be given 30 days to share the citizenship status of its tenants or potentially face the loss of federal funding.

Every PHA is required to provide HUD with eligibility information, such as citizenship status. However, two anonymous senior HUD officials speaking with the Washington Examiner claimed that a “significant” number have opted to withhold the information from the federal government, or never collected it in the first place.

“I bet Biden HUD didn’t do anything on collecting citizenship info since they support current [regulations] that allow illegals to be in mixed-status housing, so they wouldn’t have wanted to know those numbers in the first place,” one HUD official told the outlet.

The “mixed family” units are defined as households with “one or more individuals who do not contend that they have immigration status.”

The letter, reviewed by the Washington Examiner, gives the PHAs 30 days to identify and provide the names, mailing addresses, and legal immigration status for individuals in mixed family units.

The letter also orders the PHAs to provide a “spreadsheet, analysis, or other prepared or gathered data concerning the number and/or location of tenants with ineligible immigration status in all Public Housing covered programs as well as a “full tenant file” for any tenant who was found to have “misrepresented either his or her citizenship, national, or eligible immigration status.”

Meanwhile, Turner issued a statement, announcing, “No longer will illegal aliens be able to leave citizenship boxes blank or take advantage of HUD-funded housing, riding the coattails of hardworking American citizens.”

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Trump Admin Moves To Cut Another $4.9 Billion In Foreign Aid Funding

President Donald Trump on Aug. 28 proposed the cancellation of $4.9 billion in appropriated funds for foreign aid spending, using a maneuver that could effectively bypass the congressional approval process normally required to rescind the funds.

The funds were allocated to the Department of State and the U.S. Agency for International Development—which is in the process of being closed by the Trump administration—during the Fiscal Year 2025 appropriations process.

Under the Impoundment Control Act of 1974, the government must make a rescission request to Congress, which then has 45 days to approve the cancellation of appropriated funds. A “pocket rescission,” however, refers to such requests made within 45 days of the end of the fiscal year, which is Sept. 30. In these cases, the funds are withheld during the 45-day congressional review period, and if Congress doesn’t act before the fiscal year ends, the funds expire.

“Last night, President Trump cancelled $4.9 billion in America Last foreign aid using a pocket rescission,” the Office of Management and Budget, a cabinet-level agency in the Executive Office of the President, wrote on X on Aug. 29.

Pocket rescissions are uncommon, and the last one attempted was in 1983, when President Ronald Reagan sought to cut $2 million appropriated to the National Oceanic and Atmospheric Administration. Trump, during his second term, has successfully requested some rescissions from Congress. A rescissions bill canceling $9.4 billion in funding for foreign aid and public broadcasters was approved by Congress in July.

Rescission requests, when presented to Congress, may be enacted through legislation with simple majorities voting in favor in both houses, meaning that the minority has no leverage to stop or alter the process. Democrats in Congress, who are the minority in both houses, have thus protested against Trump’s rescissions, but often to no avail.

Senate Minority Leader Chuck Schumer (D-N.Y.) said in an Aug. 29 statement that the announcement of the administration’s rescissions plan “is further proof” that Trump and congressional Republicans are set on “rejecting bipartisanship and ‘going it alone’ this fall.”

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National debt to rise to 120% of GDP by 2035, budget watchdog warns

The national debt is projected to rise from 100% of the U.S. Gross Domestic Product (GDP) at present to 120% of GDP by 2035, according to the latest figures from the Committee for a Responsible Federal Budget (CRFB), a nonpartisan fiscal policy think tank, based on baseline budget data from the Congressional Budget Office.

The CRFB released an adjusted August 2025 baseline, which found that annual deficits will “remain above 6% of GDP throughout most of the decade,” which is “more than twice the 3% target advocated by some policymakers.”

The budget watchdog group estimated that bringing the federal deficit down gradually to 3% of GDP would require around $3.5 trillion in savings over five years, including interest, or $7.5 trillion over ten years.

“To hold debt at 100% of GDP, approximately $4 trillion is needed over five years, or $9 trillion over the decade,” read their analysis.

The CRFB found that achieving a deficit equal to 4% of GDP would require about $5 trillion in savings while balancing the full federal budget, including interest, would require about $15.5 trillion in total savings.

The watchdog group noted that economic growth alone cannot solely take the place of major fiscal policy changes to get the fisacl situation in the U.S. under control. The CRFB recommended that the U.S government implement “super PAYGO” as well as trust fund reform and other spending reduction initiatives.

“Under Super PAYGO, every dollar of new spending or tax cuts would be offset by at least two dollars of revenue increases or spending reductions, thus ensuring that new tax cut and mandatory spending legislation also includes deficit reduction,” the CRFB said.

CRFB noted that “faster growth can make these fiscal goals easier.” However, the watchdog group said that “thoughtful pro-growth deficit reduction and reform is likely the best way to put the country on a sustainable fiscal path.”

The CBO recently released a separate estimate which found that the Trump administration’s tariffs will cut the U.S. federal deficit by $4 trillion through 2035. 

The analysis found the tariffs would lead to $3.3 trillion in direct tariff revenue and $700 billion in savings from lower interest payments on borrowing. These projections are revised from CBO’s earlier estimates. In June, the CBO had estimated that tariffs would offset budget shortfalls by $3 trillion.

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The Harsh Truth About Life In Canada Today

Canada is often portrayed as a land of freedom, opportunity, and prosperity. Reality, however, tells a different story…

Statist policies, crushing taxes, bloated bureaucracy, and a society overtaken by woke ideology have shattered Canada. This is a cautionary tale for those looking at Canada as an ideal living space. If you are asking yourself what living in Canada is like, let me explain: Canada is not a land of fulfilled dreams but of enduring harsh conditions and barely getting by.

As if economic hardships aren’t enough, Canadians are also oppressed by the Orwellian newspeak that woke culture is creating. If you speak your mind, you’re labeled a fascist. If you question social policies, you’re accused of microaggressions.

There are no best places to live in Canada anymore. As a Canadian, I see little chance of Canada becoming livable again. Since I founded Expat Money in 2017, I have been helping expats build their Plan-Bs to protect their wealth and freedom and leave countries like this one.

Let’s look at the unfortunate condition that Canada has fallen into.

The Restrictions Imposed During Covid

The strict quarantine measures and harsh government interventions implemented in Canada during the COVID-19 hysteria were shameful. The government expanded police and administrative powers to smash public backlash against its COVID policies.

A significant protest movement called The Freedom Convoy began in early 2022. Truckers and citizens held large demonstrations in Ottawa against vaccination mandates, harsh pandemic restrictions, and the government’s authoritarian tendencies.

Former Prime Minister Trudeau used extraordinary powers to freeze the bank accounts of protesters and crack down on activists. Individual and property rights were arbitrarily violated.

The Canadian government imposed mandatory vaccinations on federal employees, healthcare workers, and those in the transportation sector, turning personal health decisions into state mandates. Those who were not vaccinated were suspended from their jobs, their travel rights were restricted, and they were ostracized from society. Even the private sector was coerced to impose vaccinations under government pressure.

Moreover, harsh lockdowns and restricted entry into the country forced businesses into bankruptcy. Massive numbers of people lost their jobs, and the government’s financial structure was severely damaged.

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EU science grants are funding Israeli military tech, data shows

The EU has given Israeli technology start-ups run by ex-IDF soldiers nearly half a billion euros in research grants since the start of the Gaza genocide. Some of the founders of these tech start-ups have served as reservists in Gaza, and in at least one instance the technology has been deployed to aid the genocide.

This article was originally published by ¡Do Not Panic!

The Horizon Europe program, described by the EU as ‘a scientific research initiative to develop a sustainable and livable society in Europe,’ has awarded around 475 million euros to 348 Israeli start-ups and research projects since October 2023, many of which are run by former IDF soldiers and intelligence officers.

In 2024, the EU awarded grants of €220m to 179 companies and initiatives run by Israelis. The scale of this funding, coming in a year when the world’s pre-eminent genocide experts all declared Israel was committing a genocide, a year in which entire cities were wiped out and tens of thousands of civilians murdered, is staggering.

In the same year Israel was also the third largest recipient, behind France and Germany, of ‘accelerator’ grants, a separate component of the Horizon program intended to support small and medium-sized companies working to improve life in Europe.

In 2025, the year in which Israel announced its full-scale ethnic cleansing plans and scholars estimated that 434,000 Palestinians in Gaza had been murdered by Israel, EU funding for Israeli tech initiatives still topped 110 million euros.

And this summer, with Gaza being driven officially into famine by Israel’s deliberate starvation campaign and as the Knesset was voting through a final solution, the EU was still dolling out tens of millions to companies run by ex-IDF personnel.

Horizon funding is critical to Israeli science and the Israeli economy. Since the inception of the programme in 1996, the EU has given Israeli companies, some of which have been directly spun out from the Israeli military, €3.4 billion euros. Israel is by far the largest non-EU recipient of Horizon, and its researchers are given an extremely generous, even curious amount of money for a program designed to support European researchers and European society. The president of Israel’s Academy of Sciences and Humanities said in May that cutting Israel off from EU research and innovation funds would be “almost a death sentence for Israeli science.”

Israel’s participation in the Horizon program has drawn attention in the past. Campaigners have argued the program is breaking its purely civilian mandate by giving money to Israeli institutions linked to the security state, and have demanded Israel is cut from the program. Under pressure with the genocide of Gaza moving into its final stages, the European Commission recently proposed a limited, partial ban on Israeli access to Horizon. It’s unclear though if the tepid move will garner enough votes from member states to pass. While Israel’s participation in Horizon has been the subject of controversy, the individuals behind these EU-funded initiatives, many of whom have a significant military background, have not previously been named. I’ve also found clear evidence that the program, which is mandated to support exclusively civilian applications, has funded military technology deployed during the genocide of Gaza.

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