Category: Politics
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Exxon Doubled Its Profits. A Windfall Tax Won’t Lower Your Gas Bill.
Exxon doubled its quarterly profit to $15.4 billion and Chevron earned $9.9 billion, and Democrats want a windfall profits tax. America tried that in 1980. It raised a fraction of what was promised and may have cut US oil output. The fix is more supply.
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Allies Are Buying Ukraine’s Patriots. Now America Has to Build Them.
The State Department approved a $2.1 billion sale of 500 Patriot interceptors to Ukraine, paid for by Canada, Germany, Norway and an EU-backed loan. That is the right model. The problem is that the missiles aren’t built yet, and America has to build faster without draining its own stockpile.
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ACA Premiums Are Up 42% in Two Years. Subsidies Won’t Fix the Price.
On Sunday, Nov. 1, millions of Americans can start shopping for 2027 health coverage. Many will not like what they see. ACA open enrollment begins in most states with benchmark premiums rising 13% on average, according to a KFF analysis published Oct. 30. That comes on top of a 26% jump the year before. Put…
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A Judge Tossed Trump’s WSJ Lawsuit for Good. Time to Move On.
A federal judge dismissed the Trump WSJ lawsuit over the Epstein birthday letter with prejudice. Trump plans to appeal, but conservatives should defend the rule that sank it.
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Ghost Students Never Showed Up. The Aid Checks Still Did.
DOJ charged five people on Oct. 29 in Operation Ghostbusters, a crackdown on fake students who used stolen identities to collect federal aid. Investigators flagged 830,840 suspect aid IDs tied to nearly $130 million. Arrests help, but the real fix is checking IDs before the money goes out.
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Four More States Take Soda Off SNAP. Congress Should Make It Stick.
Starting Nov. 1, Montana, North Dakota, South Carolina and Virginia take soda and other sugary drinks off SNAP, bringing the total to 12 states. Early research says the limits work, but a federal judge already blocked five states. Congress should write it into law.
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DC and Virginia Sue to Stop Trump’s Arch. Let Congress Vote on It.
D.C. and Virginia sued Saturday to block President Trump’s 250-foot arch at Memorial Circle, calling it flagrantly unlawful. Days before federal planners meet, a judge asked who is paying for it. Honoring America’s 250th is worthy, but Congress should vote and taxpayers should see the bill.
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Canada Wants Into Europe’s Club. Nobody Will Say What It Costs.
Canada just told the world it wants to get closer to Brussels than any country outside Europe ever has. At the end of a two-day summit in Montreal on Oct. 30, Prime Minister Mark Carney embraced Canada EU associate membership, calling it “the deepest possible partnership short of accession,” Politico Europe reported. However, there is…
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Cocoa Prices Fell by Half. Your Halloween Candy Didn’t.
Halloween candy prices are up 7.7% in a year, led by chocolate, even though cocoa has fallen from its peak. The market is already fixing the cocoa shortage. The inflation Washington controls is the bigger problem for family budgets.
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Two Courts Block DOJ Ballot Segregation. The Supreme Court Should Settle It.
Four days before Election Day, a federal judge barred DOJ and DHS from demanding ballot segregation in any state, hours after the 9th Circuit rejected DOJ’s bid on 20,000 California ballots. Noncitizen voting is a real crime, but it takes proof. And one judge shouldn’t set the rules for 50 states.
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