Meta Under Fire for Exploiting Tax Credit to Save Billions on AI Data Center BonanzaA group of Democratic senators wrote Tuesday that Meta is violating "the spirit and, potentially, the letter" of federal tax law by using a research and development tax credit to save billions of dollars on its massive data center buildout. In a letter to Meta CEO Mark Zuckerberg, the Senate Democrats noted that the $1.9 trillion company has "indicated…Common Dreams3d agoWhole story →EconomyTechnologymeta tax credit controversy
COLA Lift for Social Security Not Enough, Say Critics, as Trump Economy Makes Life Harder for SeniorsThe rising cost of healthcare and other essentials means that the modest cost-of-living adjustment for about 76 million Social Security beneficiaries, announced Wednesday by Social Security Administrator Frank Bisignano, is likely to make only a small difference for senior citizens struggling to afford gasoline and groceries, said economic justice…Common Dreams3d agoWhole story →EconomyHealthsocial security cola announcement
Inflation Hits Highest Level in Months as Costs From Trump's Illegal War Eat Workers' PaychecksData released by the US Bureau of Labor Statistics on Wednesday showed inflation grew faster than expected in September, driven in large part by costs related to President Donald Trump's illegal war with Iran. The latest Consumer Price Index (CPI) report showed overall prices in September posted a yearly increase of 3.7%, marking the biggest rise in…Common Dreams3d agoWhole story →EconomyPlanetinflation rate increase
'They Are Hiding Stuff': Trump Administration Delays Data on Impact of GOP Tax CutsWith the midterm elections less than three weeks away, US President Donald Trump's administration has delayed the release of Internal Revenue Service data showing how the Republican budget legislation that he signed into law last year has impacted families up and down the income distribution. Politico reported Wednesday that the IRS "typically releases…Common Dreams3d agoWhole story →Economymidterm elections
MAGA Supporters Clap 'Like Seals' as Trump Yet Again Promises Secret Healthcare FixUS President Donald Trump, who signed into law the largest Medicaid cuts in history last year and allowed private insurance premiums to skyrocket , assured supporters gathered at a rally in Wasilla, Alaska on Tuesday that he intends to enact "a truly great healthcare plan" if Republicans retain control of Congress in next month's midterm elections. As…Common Dreams3d agoWhole story →Healthmidterm elections
Federal Court Blocks 'Blatantly Illegal' Trump Effort to Restructure USDAA federal court in California on Tuesday order the US Department of Agriculture to halt any further enactment of a plan by President Donald Trump to dramatically restructure the agency, which public workers unions and pro-democracy advocates argued in court was unlawful. The order from the US District Court of the Northern District of California came in…Common Dreams3d agoWhole story →FoodGovernmentusda reorganization blocked
