Author: Newyorki

If you’re in the market for a new electric vehicle (EV), now might be the best — and last — time to take advantage of a rare opportunity to combine tax incentives from both the Biden and Trump administrations. Thanks to overlapping federal programs, you can potentially save up to $17,500 on a new EV purchase — but only if you act quickly. The Biden-era Inflation Reduction Act offers incentives that will expire on September 30, while the Trump administration’s newly signed “Big Beautiful Bill” introduces its own generous tax benefits for auto buyers beginning this year. Biden’s Inflation Reduction…

President Donald Trump has issued a new executive order introducing significant changes to how visitors access and experience U.S. national parks. The order includes new fee structures for international tourists and a rollback of diversity, equity, and inclusion (DEI) initiatives previously implemented under the Obama and Biden administrations. Under the new directive, foreign visitors to national parks will face higher entrance and recreation pass fees, including for the “America the Beautiful” pass, which grants access to federally managed public lands. U.S. residents, meanwhile, will see more affordable pricing and receive priority access for limited-entry programs like permits and lotteries. “From…

With President Donald Trump’s “Big, Beautiful Bill” now headed for his signature, Republicans in Congress are preparing for the next major political challenge: defending their seats in the 2026 midterm elections. The bill — a comprehensive legislative package that makes Trump’s 2017 tax cuts permanent while slashing Medicaid funding and eliminating clean energy tax credits — has sparked fierce partisan debate and divided public opinion. While Republicans tout the measure as a historic economic win, Democrats believe it could become a powerful weapon against the GOP in upcoming elections. A Political Gamble for Republicans The bill passed the House on…

With Congress passing President Donald Trump’s sweeping “Big, Beautiful Bill” by a narrow 218-214 vote in the House, a dramatic reshaping of the federal student loan system is now imminent. Once Trump signs the nearly 900-page legislation into law, the landscape for current and future borrowers will shift significantly—particularly for those pursuing graduate education or relying on income-based repayment programs. A New Era for Federal Student Loans While the bill makes Trump’s 2017 tax cuts permanent and includes major rollbacks to environmental and social welfare programs, it also ushers in substantial changes to the way Americans borrow and repay student…

President Donald Trump has announced a new approach to international trade policy: issuing daily letters to foreign governments dictating the tariffs they must pay to export goods to the United States. Trump said he plans to send up to 10 letters per day beginning July 4, eliminating the need for negotiating complex bilateral or multilateral trade agreements. “My inclination is to send a letter out saying what tariff they’re going to be paying,” Trump said on July 3. “It’s just much easier.” This marks a significant shift in U.S. trade strategy. Rather than engaging in lengthy and often complicated negotiations…

In a bold and unconventional series of announcements during a rally in Iowa, President Donald Trump unveiled his vision for the lead-up to America’s 250th anniversary, combining patriotic pageantry with populist policy proposals. Among the most striking announcements: Trump proposed hosting a UFC championship fight on the grounds of the White House. The event, he said, would celebrate national parks and serve as a symbolic kickoff to a year-long celebration of the United States’ semiquincentennial in 2026. “There could be no better birthday present for America than the phenomenal victory we achieved just a few hours ago,” Trump told a…

In a significant legislative milestone, President Donald Trump’s wide-reaching tax and domestic policy bill—dubbed the “One Big, Beautiful Bill”—has passed both chambers of Congress and is scheduled to be signed into law at 5 p.m. on July 4 at the White House. The 218-214 vote in the House followed hours of heated debate, culminating in a record-breaking speech by House Minority Leader Hakeem Jeffries (D-N.Y.), who spoke for over eight-and-a-half hours in protest. A Defining Legislative Victory The bill marks a key victory for the Republican Party, which has held majorities in the House, Senate, and presidency since the 2024…

A tragic drive-by shooting in Chicago’s River North neighborhood has left four people dead and 14 others injured, according to a statement released by the Chicago Police Department. The incident occurred around 11 p.m. on July 2, when a dark-colored vehicle approached a group of individuals standing outside a venue and opened fire before fleeing the scene. Witnesses told investigators that the gathering was related to an album release party taking place at a nearby nightclub, as reported by multiple outlets including WGN News. The victims who lost their lives include two men, aged 24 and 25, and two women…

The Internal Revenue Service (IRS) is facing a serious staffing crisis that could significantly delay tax refunds and hinder customer service during the 2026 filing season. A recent report by National Taxpayer Advocate Erin Collins warns that sweeping job cuts under the Trump administration’s 2025 cost-cutting campaign may leave the agency ill-equipped to handle upcoming challenges. According to the June 25 report, the IRS has lost over 26% of its 102,000-person workforce due to layoffs and voluntary buyouts, bringing its total staff down to just over 75,000 employees. The cuts were part of a broader initiative by the Trump administration…

In a high-profile development, the University of Pennsylvania has reached a controversial agreement with the Trump administration to resolve an ongoing federal investigation tied to its handling of transgender participation in collegiate sports. The resolution has reignited national debates over Title IX enforcement, trans rights, and federal influence over higher education. The dispute centered on Lia Thomas, a transgender swimmer who won a national title while competing for Penn in 2022. While her victory was hailed by many trans rights advocates as a landmark moment, it also drew sharp criticism from conservative voices, who claimed Thomas had an unfair advantage.…