Swagel defends the CBO's record on the 2017 tax overhaul, even though he wasn't the director then (another GOP appointee, Keith Hall, was)

Joseph Lawler And also even though JCT (Swagel kept pointing upstairs at them during our interview) does the bulk of the tax work.

Frederick Forsyth, RIP bbc.com/news/articles/…

WSJ editorial criticizes expansion of low-income housing tax credit in the GOP One Big Beautiful Bill Act: wsj.com/opinion/low-in… Previous coverage: washingtonexaminer.com/policy/finance…

Puerto Rico sees net positive migration for the first time in years sanjuandailystar.com/post/puerto-ri…

Every year, we will see fewer and fewer students. We'll also see fewer kids out playing. We'll see fewer toddlers holding hands with their parents, etc...

"I'm all for electric," Trump says at WH signing of measure to repeal California emissions rules. "You should be given the option to buy electric, buy a gasoline powered car, buy a hybrid." He goes on to bash hydrogen cars, though

"Scissor Statement" alert

Pearl River Delta has overtaken Tokyo to become humanity’s greatest urban agglomeration

Senate version of GOP tax bill is less "populist" and more supply-side at the margins: Smaller CTC, fewer taxes on universities/nonprofits, but permanent biz tax breaks

Rundown of major tax differences between the Senate and House GOP tax bills from Zachary Halaschak washingtonexaminer.com/news/senate/34…

Trump's mental compartmentalization and ability(?) to put concerns of vastly different significance on equal footing in terms of his mental bandwidth...

Ron Johnson's new deficit report, released this AM, is in many ways a rebuke of GOP leadership and the WH, questioning key claims about BBB's fiscal impact Full story here: washingtonexaminer.com/news/senate/34…

On Sunday I traveled to the middle of the desert to capture this: The ISS against our sun. What I didn't expect: the sun producing a magnificent flare at the same time A once-in-a-lifetime shot I'm thrilled to share with you. See the uncropped shot or get the print in the reply

As Zuckerberg has transformed himself to be MAGA friendly, Meta ethos has "gone from 'lean in' to 'fuck off,'" former executive tells FT ft.com/content/a86f5c…

What a huge coincidence. I was just mentioning his plan to remodel the National Mall (by flooding half of it and building neighborhoods on the rest) to Graeme Jennings

Lee's public land sales under fire in part because of the ambiguity of the term "affordable housing." - The bill is meant to boost housing affordability, by increasing supply - but there's nothing about "affordable housing," a nebulous term meaning housing that is subsidized by

Fed chairman Powell not an AI skeptic. Says it's "transformational technology," unknowable effects on labor market. "There's certainly a possibility that, at least in the beginning, that AI will replace a lot of jobs, rather than just augmenting people’s labor.”

There's still time to amend the bill to add benefits for survivors of 2010s stomp-clap-hey folk-pop

Interesting. Not sure how this fits in, but when I visited Ukraine, I spoke to some guys who spoke basically flawless English but said they nonetheless preferred watching US films with Ukrainian dubbing because the dubbing is extremely high quality