On Wednesday, the European Space Agency revealed that its Planetary Defenders are tracking a fast-moving “interstellar object” zipping through the solar system. While some might hope it’s an alien spacecraft—finally giving Paul Krugman a win—chances are it’s just another space rock. 

“Astronomers may have just discovered the third interstellar object passing through the Solar System!” ESA said, adding, “ESA’s Planetary Defenders are observing the object, provisionally known as A11pl3Z, right now using telescopes around the world.” 

Astronomers may have just discovered the third interstellar object passing through the Solar System!

ESA’s Planetary Defenders are observing the object, provisionally known as #A11pl3Z, right now using telescopes around the world.

— ESA Operations (@esaoperations) July 2, 2025v

It’s still unclear whether A11pl3Z is a rocky asteroid, an icy comet, or something else entirely. Its size and shape also remain unknown. NASA has confirmed it is actively tracking the object, while astronomers say more observations are needed to determine its origin. 

Interstellar visitor confirmed. #A11pl3Z is now known as 3I/ATLAS. It is only the third confirmed object from beyond our solar system. pic.twitter.com/jLsRRXUZPG

— Tony Dunn (@tony873004) July 2, 2025

Astrophysicist Josep Trigo-Rodriguez of the Institute of Space Sciences near Barcelona, Spain, told AP News A11pl3Z is on an “odd path” and traveling at “extreme speed, cutting through the solar system.” He estimates the size of the object to be roughly 25 miles. 

Sorry, Krugman—looks like your 2011 pitch for a fake alien invasion to jumpstart the economy is still on hold. But hey, there’s always a chance this mystery object turns out to be a 100-mile-wide Death Star.

Fingers crossed, right?

Related from August 2020: 

• Another “Oumuamua” Plot Twist: Leading Explanation For Interstellar Object Is Aliens Again

. . . 

Authored by Luis Cornelio via Headline USA,

The Trump-led DOJ has charged four individuals in connection with the violent anti-ICE riots that broke out in June in Oregon. 

The defendants, some allegedly caught on video, spent several weeks targeting an Immigration and Customs Enforcement facility and assaulting federal officers, prosecutors said in a press statement on Tuesday. 

One of the individuals, 31‑year‑old August Dean Gordon, pulled a proximity card reader from its stanchion on the facility’s driveway. He kicked, grabbed and injured five officers during his arrest, the DOJ said.  

That same evening, 33‑year‑old Nadya Malinowska refused orders to leave the site. Meanwhile, 35‑year‑old David Pearl attempted to interfere with officers’ arrest of another rioter. 

On June 11, prosecutors said 34-year-old Trenten Edward Barker retrieved a lit flare from his backpack and tossed it into a barricade of debris near the ICE facility. 

Malinowska and Pearl each face misdemeanor charges for failing to obey a lawful order; Pearl also face a count of creating a disturbance. 

Gordon and Barker are charged with willful depredation of government property and assaulting a federal officer. Barker additionally faces an arson charge. 

According to journalist Andy Ngo, the rioters are affiliated with Antifa.

Four more Portland Antifa riot suspects have been federally charged over the ongoing insurrection against the ICE facility. This brings the total federally charged so far to 17, devastating the numbers Antifa need to attack the building night after night. The cases are not being… pic.twitter.com/jsZxOKagyb

— Andy Ngo (@MrAndyNgo) July 1, 2025

They all made their first appearance on Monday and face hefty penalties if found guilty.  

“Felony arson of federal property is punishable by up to 20 years in federal prison with a mandatory minimum sentence of five years,” the DOJ said.

“Misdemeanor assault of a federal officer and misdemeanor willful depredation of government property are punishable by up to one year in federal prison.” 

Additionally, the DOJ said failure to obey a lawful order and creating a disturbance are misdemeanors punishable by up to 30 days in prison. 

Far-left and unhinged social justice warrior Elie Mystal has sparked controversy with remarks suggesting that America “needs to be sanctioned,” and calling the country “a menace to peaceful people” and “the bad guys.” His comments reflect an alarming trend on the left toward anti-American rhetoric—resembling propaganda straight out of the playbook of foreign adversaries. 

Two crazed leftists, two cameras, nothing is shocking. Mystal told Joy Reid:

 “Our country needs to be sanctioned. We are the bad guys on the world stage. We are a menace everywhere at this point. When does the international community decide that enough is enough?”

Elie Mystal: “Our country is THE bad guy on the world stage. The world needs to stand against America. Sanction us.” pic.twitter.com/3OjPx52Ryn

— End Wokeness (@EndWokeness) July 2, 2025

While Mystal is not a Democratic Party official, he maintains deep ties to the Democratic Party’s NGO machine. Public records show he serves as an officer at “Demand Justice,” a far-left judicial advocacy group. Closely connected to it are “Demand Justice PAC” and a related entity just one degree removed, known as the “Demand Justice Initiative.”

Most intriguing within this Demand Justice activist network—just one spoke of the Democratic Party’s broader, dark-money-funded propaganda machine that wages an informational war on the American—is its founder, Ezra Reese.

According to Elias Law Group, Ezra Reese is the “Political Law Chair.” 

Recall that the White House recently published a press release titled “Preventing Abuses of the Legal System and the Federal Courts,” in which the Trump administration cited the Elias Law Group as an example of “grossly unethical misconduct.”

Recent examples of grossly unethical misconduct are far too common.  For instance, in 2016, Marc Elias, founder and chair of Elias Law Group LLP, was deeply involved in the creation of a false “dossier” by a foreign national designed to provide a fraudulent basis for Federal law enforcement to investigate a Presidential candidate in order to alter the outcome of the Presidential election.  Elias also intentionally sought to conceal the role of his client — failed Presidential candidate Hillary Clinton — in the dossier. -WH

Returning to Mystal, his affiliations with these far-left nonprofits closely tied to Deep State Democrats raise legitimate questions about the independence of his commentary. It increasingly appears that some Democratic operatives are using high-profile activists as little more than amplifiers of anti-American propaganda … One has to wonder if this alarming propaganda is being faciliated by foreign adversaries… 

Authored by Jim Welty, Rob Burndrett & Charlie Burd via RealClearEnergy,

America’s shale revolution and ascension to the world’s largest oil and natural gas producer has made one fact abundantly clear: energy security is national security. No longer are geopolitical and national security decisions held hostage to the threat of energy price spikes. Because of oil from Texas and natural gas from Appalachia, Americans aren’t facing the energy supply shocks that were once guaranteed to follow rising Middle East tensions.

Home to the nation’s largest natural gas field with the Marcellus and Utica shales, Pennsylvania, Ohio, and West Virginia produce a third of America’s natural gas. That’s energy that keeps the lights on in our homes, the heat flowing in the winter, and power steady and reliable for factories, hospitals, military bases, and critical infrastructure across America. But it does much more. Appalachian natural gas is a big part of what makes America strong, self-reliant, and free.

Throughout history, energy security has meant physical security. When we have the energy we need, produced right here at home, we reduce our dependence on unstable or hostile nations. We insulate ourselves from supply disruptions and price shocks triggered by global conflicts. And we make sure that in times of crisis, from natural disasters to national emergencies, we have the fuel to respond, rebuild, and defend.

Our abundant, reliable natural gas underpins the strength of our Armed Forces and the resilience of our economy. Employing millions of our own people, energy powers the manufacturing of steel, ammunition, vehicles, and the technologies that support our troops. It safeguards critical operations from cyber and physical threats by ensuring reliable, secure power supplies.

And as artificial intelligence rapidly transforms industries, it’s natural gas that remains the only fuel fully capable of meeting the intense, always-on energy requirements these technologies depend on.

In short, energy security protects American lives and the American way of life.

But here’s the challenge: While we produce more than enough clean-burning, affordable natural gas to meet our needs and support allies overseas, we can’t move enough of it to where it’s needed most. And electrical grid operators face mounting strain as power-hungry technologies accelerate demand.

The missing links? Pipelines and new gas-fired generation. Without more infrastructure to safely and efficiently transport and use domestic energy, we leave ourselves exposed to higher costs, supply vulnerabilities, and reliance on foreign adversaries.

New England is perhaps the most staggering example of energy insecurity here at home, sitting just a few hours drive from the largest gas producing region in the country, yet forced to rely on expensive, unreliable foreign fuel because politics have clouded smart energy policies for decades. Now, those same political leaders are quietly backing down and conceding what we’ve known all along: pipelines from Appalachia are key to their energy security.

Meanwhile, our country’s global competitors and adversaries aren’t waiting. Russia and China – they understand the power of energy in projecting strength and influence. America must do the same, led by the innovators in Appalachia who drove the shale revolution just over 20 years ago.

Now is the time for action. Washington is working to cut the red tape that’s stalled progress, but it’s up to us in the states to unleash the full potential of Appalachian energy. Thank you to those elected leaders who are already leading the charge, but we need all of our policy officials to champion building the natural gas infrastructure that will secure affordable energy for families, strengthen our physical and economic security, and help ensure that America remains the most powerful, resilient, and free nation on the planet.

Let Appalachia’s natural gas power our future and protect the freedoms we hold dear.

Jim Welty, Rob Brundrett, and Charlie Burd lead Appalachia’s top natural gas trade associations, the Marcellus Shale Coalition, the Ohio Oil and Gas Association, and the Gas and Oil Association of West Virginia, respectively.

Authored by Luis Cornelio via Headline USA,

A newly declassified CIA memo revealed that top officials within the Obama administration deliberately manipulated intelligence to exaggerate Russia’s purported 2016 election interference. This set the stage for the years‑long Trump‑Russia collusion probe. 

The review, commissioned by CIA Director John Ratcliffe in May 2025, reassessed the 2016 Intelligence Community Assessment on Russian interference.

It found then‑CIA Director John Brennan, FBI Director James Comey and DNI James Clapper were “excessively involved” in framing the initial Russia narrative. 

All the world can now see the truth: Brennan, Clapper and Comey manipulated intelligence and silenced career professionals — all to get Trump. Thank you to the career @CIA officers who conducted this review and exposed the facts. https://t.co/S7Mxz6xA6P

— CIA Director John Ratcliffe (@CIADirector) July 2, 2025

On Dec. 6, 2016—just weeks after President Donald Trump’s election—then-outgoing President Barack Obama ordered the probe, concluding Vladimir Putin “aspired” to sway the vote. 

However, according to the declassified 2025 review, Brennan, Comey and Clapper rushed the 2016 assessment in a “chaotic,” “atypical” and “markedly unconventional” fashion, raising questions about a “potential political motive.” 

The review found intelligence officials felt “jammed” by the rushed timeline, with many seeing the draft report for the first time at the sole in-person review on December 19.

One CIA author called it “unusual” that so few changes were made to such a lengthy and high-profile assessment. 

This rushed assessment ultimately cast doubt on Trump’s legitimacy and opened the door to the Mueller investigation, partisan congressional hearings, and countless media leaks. 

“All the world can now see the truth: Brennan, Clapper and Comey manipulated intelligence and silenced career professionals — all to get Trump,” Ratcliffe said, thanking CIA officers who conducted the review.

New York Post columnist Miranda Devine broke the story on Wednesday, revealing the review’s damning conclusions. 

The review confirms what was already widely known in conservative and Republican circles: Brennan, Comey and Clapper were the political architects of the Trump-Russia hoax. 

Authored by Kathleen Kinder via CoinLaw.io,

OpenAI has publicly rejected Robinhood’s new “OpenAI tokens,” clarifying they do not represent actual equity in the company.

Key Takeaways

1. OpenAI disavowed Robinhood’s tokenized equity products, stating they do not grant real ownership in OpenAI.

2. The tokens offer indirect exposure through a Special Purpose Vehicle, not direct shares.

3. Elon Musk and others have criticized Robinhood’s efforts as misleading.

4. The move highlights growing tensions between crypto innovation and traditional private equity rules.

In a clash that is drawing widespread attention across finance and tech circles, OpenAI has forcefully rejected Robinhood’s latest effort to sell “OpenAI tokens” to retail investors. The controversy erupted after Robinhood announced it would distribute these tokens to European Union users, promoting them as a way for everyday people to gain exposure to private company equity using blockchain technology. While Robinhood framed the move as a step toward democratizing finance, OpenAI and key industry voices have condemned the tokens as misleading and lacking in substance.

OpenAI’s Public Statement: No Equity, No Endorsement

OpenAI, the well-known artificial intelligence company, issued a rare public statement from its official newsroom account, clearly distancing itself from Robinhood’s offering.
“These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful,” the company wrote on X.

These “OpenAI tokens” are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer.

Please be careful.

— OpenAI Newsroom (@OpenAINewsroom) July 2, 2025

OpenAI’s response was triggered by Robinhood’s announcement earlier in the week, in which the fintech platform rolled out tokenized shares of OpenAI, SpaceX, and other major private firms. These digital assets were distributed to select users in the EU as part of a promotional giveaway.

Robinhood’s Defense: Democratizing Private Assets

Robinhood’s leadership responded by defending the program, emphasizing that the tokens are designed to give retail investors indirect access to previously exclusive markets. A spokesperson for Robinhood clarified, “These tokens give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood’s ownership stake in a special purpose vehicle.”

Robinhood CEO Vlad Tenev echoed this sentiment, stating, “While it is true that they are not technically ‘equity,’ the tokens effectively give retail investors exposure to these private assets. Our giveaway plants a seed for something much bigger, and since our announcement we have been hearing from many private companies that are eager to join us in the tokenization revolution.”

The company rolled out the tokens as part of a broader effort to introduce tokenized stocks and real-world asset trading for European customers, building on a newly launched layer two blockchain network for settling tokenized equity trades.

What Are Investors Actually Buying?

Despite Robinhood’s promotional messaging, the underlying structure of the tokens is complex and layered.

• Investors are not purchasing actual shares of OpenAI or direct stakes in the company.

• The tokens represent contracts linked to Robinhood’s ownership interest in an SPV, which itself holds shares of private companies.

• This means buyers are two steps removed from actual equity, and the value of the tokens may diverge significantly from the true value of the underlying shares.

• According to Robinhood’s help center, users buying these tokens are acquiring “tokenized contracts that follow the price” of the underlying assets, recorded on blockchain.

Industry Pushback and Criticism

The move by Robinhood has attracted strong criticism, both from within the industry and from high-profile figures.

• Elon Musk, co-founder of OpenAI and SpaceX, took to X to call the equity claims “fake,” highlighting his broader concerns about OpenAI’s shift toward a for-profit model.

Your “equity” is fake

— Elon Musk (@elonmusk) July 2, 2025

• Industry analysts note that private companies typically guard their cap tables and limit share sales to selected investors, making Robinhood’s approach unusual and controversial.

• In similar instances, other startups like Figure AI have sent cease-and-desist letters to brokers marketing unauthorized share sales, underlining how sensitive private companies are about third parties trading or referencing their equity.

Broader Context: Tokenization and Financial Inclusion

Robinhood’s foray into tokenized private equity reflects a larger trend in finance, where crypto exchanges and platforms seek to offer access to previously inaccessible asset classes such as private equity, private credit, and commercial real estate.

• Traditionally, these assets are reserved for accredited investors with significant wealth or credentials, limiting opportunities for the average retail customer.
• Robinhood argues that tokenization and asset fractionalization can help break down these barriers, though critics warn that regulatory and ethical questions remain unresolved.

CoinLaw’s Takeaway

This episode is a clear signal of the growing friction between fast-moving crypto innovation and the strict, carefully controlled world of private company finance. While Robinhood presents tokenization as a breakthrough for retail investors, OpenAI’s sharp rebuke makes it clear that not all stakeholders see it that way. Investors should scrutinize exactly what is being offered and recognize that buying a token does not always mean owning a share in the world’s biggest private companies.

There were plenty of good details to report in today’s jobs report: the unexpected surge in monthly jobs (which came almost above the top of the forecast range), the drop in unemployment, the moderation in hourly earnings, the continued loss of federal workers, the jump in full-time jobs and the drop in part-time jobs.

There were also several not so good aspects: first and foremost, the narrow breadth in hiring, with most job growth in June the result of Education and Health services (+51K), and Government (+73), which are government, or government-linked, sectors. 

As Soutbay Research put it, the June Payrolls were derived from two sources: Healthcare (+59K) and Public Schools (+64K).  

• Public Schools: Summer break layoffs were understated in the June release.  Either the July revision brings them down OR the July Public Education payrolls go deeply negative.  
  • July Best Case: June comes down ~40K and Public Education is flat in July
  • July Worst Case: July Public Education payrolls are -40K

On the other end, private sector payrolls were soft: excluding healthcare, Southbay says to expect the Private Sector to be flat or possibly  negative.

Meanwhile, even though it was not yet captured by the jobs report, there has been plenty of firing, with the best examples being Intel and Microsoft just announcing a combined 18K in layoffs.

As SouthBay concludes, “only another Hail Mary Seasonal Adjustment can prevent a negative print.”

Another less then stellar aspect of today’s report is that the number of multiple job holders actually soared by 282K, one of the biggest monthly increases on record, and one which pushed the total just shy of a new all time high. 

But while no jobs report is without blemishes, the positives far outweighed the negatives, maybe not so much quantitatively then certainly qualitatively, because as we noted earlier, the most important metric of today’s jobs report is arguably what got Trump elected in the first place.

Recall back in January 2024 we first asked how is it not the biggest political talking point that since 2019, the US had only added foreign-born workers (which as we subsequently showed were primarily illegal aliens) while native workers remained flat or declined.

How is this not the biggest political talking point right now: since October 2019, native-born US workers have lost 1.4 million jobs; over the same period foreign-born workers have gained 3 million jobs. pic.twitter.com/Z5HVWmQ24C

— zerohedge (@zerohedge) January 15, 2024

Less than a year later, illegal immigration in general, and its impact on the labor market indeed had become the biggest political talking point and one which one can argue got Trump elected. 

So in retrospect, we can report today that Trump has certainly been working hard to resolve the situation and according to today’s job report, the number of native-born workers has taken a decisive step higher, rising to a new all time high while foreign-born workers have been plunging ever since the election. 

Here are the details:

• In June, the US added 830K native-born workers, pushing the total to a new record high of 132.652 million, hopefully ending the stagnant period which started in 2019 which saw zero native-born workers be added to the US labor force.
• At the same time, the US saw 348K foreign-born workers leave, sending the total to a 2025 low of 31.231 million.

Extending the observation window since the start of Trump’s admin (i.e., since March which covers the end of the first full month of the Trump admin), we find an even more impressive result: the number of native born workers has surged by 1.5 million while foreign-born (primarily illegals) have tumbled by 1 million. 

So while one can certainly find warts in the broader jobs report – and with the economy 5 years into its post-covid expansion there better be weaknesses – the one thing that matters more than anything to most Americans, not having to compete with illegal aliens for jobs which not only pushes demand higher but also wages, is one where Trump can certainly say mission accomplished, for now.

The Democrat Party is grappling with internal divisions following Democratic Socialist Zohran Mamdani’s upset victory in New York City’s Democrat mayoral primary election this week. Mamdani, a 33-year-old New York State Assembly member, decisively defeated disgraced former New York Gov. Andrew Cuomo with 56% to 44% in the final ranked-choice voting results.

Two prominent Obama-era officials, former Treasury Secretary Jack Lew and former Office of Management and Budget Director Peter Orszag, have publicly opposed Mamdani’s candidacy, warning that his progressive economic policies could harm New York City.

In a CNBC interview on Wednesday, Lew expressed deep concern about Mamdani’s platform. “The policies that he outlines are not policies that would be good for New York,” Lew said. “I worry deeply, having spent most of my life in New York, about a city I call home.” He further cautioned against populist-driven policies from both political extremes, stating, “I see a similarity between policies solutions to the left and the right that satisfy populist sentiment, don’t always go through the filter of ‘do they work? I don’t think they work. I think that’s a problem,” Lew added.

Orszag, now Chairman and CEO of Lazard, shared similar apprehensions in a separate CNBC interview last week, describing Mamdani’s victory as indicative of troubling trends within the Democratic Party. “Let me step back and just say that I am saddened to say that I think the Democratic Party is becoming increasingly antisemitic and anti-capitalism,” Orszag said. “And the thing about it is turning … towards socialism and turning away from your moral principles through antisemitism never works. So there is a fundamental concern that I have and I think many people have about the direction of the Democratic Party along those two dimensions.”

Orszag pointed to specific examples, noting, “The Democratic candidate for mayor has embraced the ‘global intifada’ idea.” He also criticized the Democratic Congressional Campaign Committee for distributing fundraising emails from a senior operative who suggested Jewish donors are primarily motivated by tax cuts.

“I am hopeful that the Democratic Party will change course and, again, history shows that neither being anti-capitalism nor being antisemitic is the pathway to any sort of good outcome,” Orszag added.

Mamdani’s win is just one example of growing tensions within the Democrat Party. Similar concerns about the party’s direction have surfaced elsewhere. In June, David Hogg, the 25-year-old Parkland shooting survivor and gun control activist, resigned as vice chair of the Democrat National Committee (DNC) amid internal turmoil. Hogg faced backlash for his controversial plan to intervene in primary races against incumbent Democrats, which many viewed as divisive and a breach of DNC neutrality.

After the DNC called for a new election for his position citing procedural issues, Hogg chose not to run again. In his departure, he sharply criticized the party, calling its leadership a “government of old people” fixated on “attention and reputation” rather than addressing critical issues like the economy.

Meanwhile, Randi Weingarten – longtime head of the 1.8 million-member American Federation of Teachers have also quit the DNC. 

Sen. Elissa Slotkin (D-MI) has also voiced frustration with the party’s lack of cohesion during a speech at the Center for American Progress on Thursday. “We’re like a solar system with no sun … We don’t act as a team, and when we don’t work as a team, we turn our guns on each other, and it’s so, so, so, fruitless,” she said.

Slotkin emphasized the need for unified leadership, saying, “They are the leaders of the House and Senate. I work with them every single day. I push on them every day, especially in the Senate. I think they would attest to that. And we need to work as a team, and we need wartime generals who are gonna get us there because of what’s going on in the country.”

The lawmaker also acknowledged internal and grassroots pressure for change but offered no specific solutions, noting, “I have no big announcement to make. I would just say the pressure is there from inside the caucus, but also from the grassroots.”

Authored by Matthew Vadum via The Epoch Times,

The Supreme Court agreed on July 3 to consider whether states can ban male athletes who don’t identify with their sex from competing on school sports teams intended for females.

The decisions to grant the petitions for certiorari, or review, in two separate cases were published on a list of orders.

No justices dissented.

The court did not explain the decisions.

The first case, Little v. Hecox, is about Idaho’s Fairness in Women’s Sports Act, “which ensures that women and girls do not have to compete against men and boys no matter how those men and boys identify,” according to the petition filed in the case.

The second case, West Virginia v. B.P.J., is about a similar law in West Virginia.

State lawmakers voted to keep the sexes separate in sports because of the “inherent physical differences between biological males and biological females,” according to the petition filed in the case.

The two cases are expected to be argued separately.

The Supreme Court is expected to hold oral arguments for the cases in its new term that begins in October.

Overnight, most of the Republican holdouts on the ‘Big Beautiful Bill’ relented, flipping their support to advance the legislation to a final vote on the House floor after several deals were cut with President Trump. Earlier in the morning, Speaker Mike Johnson (R-LA) kept the procedural vote open for almost six hours – which once passed would kick off debate before final passage. 

House Minority Leader Hakeem Jeffries (D-NY), however, decided to throw a massive tantrum that’s been going on for more than five hours in what’s known as the “magic minute,” a privilege for party leaders in the chamber that allows them to speak for as long as they want. According to Fox News, Jeffries was seen arriving with multiple binders – one of which he read from for around three hours. If the rest of the binders also contain portions of his speech, we could be waiting for a while.

If Jeffries speaks until at least 1:26 p.m. he’ll break the record for the longest floor speech held by former House Speaker Kevin McCarthy, who spoke for 8 hours and 32 minutes, according to Punchbowl News‘ Jake Sherman.

The move comes after the House burned the midnight oil to advance the $3.3 trillion ‘Big Beautiful Bill’ to its final phase in Congress.

The GOP holdouts were convinced to flip after President Trump promised them that he would use his executive powers to vigorously enforce certain provisions for green energy tax credits.

Rep. Thomas Massie (R-Ky.) was a one-man rollercoaster for the GOP leadership. Massie railed against the bill all week. He initially voted for the rule. But then at 11:30 p.m., Massie entered a mostly empty House chamber and switched his vote from yes to no.

However, Massie – who Trump has personally targeted for defeat in 2026 – switched again back to yes when all the hardliners flipped. The GOP leadership hopes that Massie will vote for final passage later this morning. And he has made clear that he would like Trump to stop attacking him. –Punchbowl

“He did a masterful job of laying out how we could improve it, how he could use his chief executive office, use things to make the bill better,” Rep. Ralph Norman of South Carolina told CNBC. 

This comes after multiple Republicans were seen in the West Wing on Wednesday to cut deals as Trump pressed them into voting yes on the bill. 

Norman said he would be a ‘nay’ on the Senate-passed version of the bill, only to flip and support it after his meeting with Trump – who promised to use his office to stringently enforce energy tax credit phase-outs.

“President Trump is going to use his powers to — like on the subsidies, to make sure that it’s a lot of these subsidies won’t remain in effect, you know, from here on out,” said Norman. 

Trump, meanwhile, says he plans to sign his signature tax and spending bill tomorrow morning at a White House ceremony, Punchbowl’s Sherman posted on X.

NEW — I am now told that this signing ceremony will be at 5 p.m. tomorrow.

Seems like it’s a moving target https://t.co/JJu017sA6w

— Jake Sherman (@JakeSherman) July 3, 2025

In response to the GOP’s advancing the bill, Trump said on Truth Social that it was a “great night.” 

“What a great night it was. One of the most consequential Bills ever,” he wrote, adding “The USA is the ‘HOTTEST’ Country in the World, by far!!!“

The core of the BBB permanently extends and expands the 2017 Trump tax cuts, introducing new deductions for tip income and overtime pay, while providing significant tax relief for Social Security recipients.

It reinstates full and immediate expensing for business equipment and R&D, delivers new construction write-offs for manufacturers, and boosts incentives for domestic semiconductor production. High-income Americans and owners of pass-through entities also stand to benefit from expanded deductions, and the bill raises the state and local tax deduction cap for upper-middle-class households. But these tax changes are offset by historic spending cuts—chiefly, nearly $1 trillion in reductions to Medicaid and SNAP.

The legislation also scales back Affordable Care Act subsidies and imposes stricter eligibility checks, drawing ire from hospitals and health advocates. Meanwhile, clean energy and EV sectors face deep setbacks as tax credits are repealed and renewable subsidies curtailed.