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Suspect in Idaho student murders agrees to plead guilty. Senators add amendments to Trump budget bill. Trump to visit migrant facility dubbed Alligator Alcatraz. CBS News Correspondent Steve Kathan has today's World News Roundup.
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From the BBC World Service: Political turmoil is brewing in Thailand after the country's prime minister, Paetongtarn Shinawatra, was suspended by the Constitutional Court. Her party, the Pheu Thai Party, has struggled to launch key economic policies since taking office. We'll hear more. Plus, a dispatch from Robinhood's international crypto event in Cannes and a trek to the Øresund Bridge, which has linked Denmark and Sweden — and impacted businesses there — for 25 years.
The Supreme Court has told Maryland parents their children do not have to sit through militant LGBTQ+ indoctrination classes, violating their religious values. Previous courts had forbidden parents from “opting out” of such sessions. This is a blow against government tyranny.
Original article: https://mises.org/mises-wire/scotus-strikes-blow-against-public-school-indoctrination-young-children
In this episode, Cato Institute's Scott Lincicome and Adam Michel dive deep into the sweeping new legislation—dubbed "The One Big Beautiful Bill"—moving through Congress. They break down what’s at stake as key provisions of the 2017 tax reform are set to expire, unpack the bill’s complex mix of tax cuts, new carve-outs, and industrial subsidies, and examine why temporary tax policy and policy uncertainty could derail economic growth. Plus, they confront the fiscal fiction behind tariffs as a reliable revenue source and make the case for a cleaner, more permanent pro-growth tax system. If you're looking for a sharp, honest take on where tax and trade policy stand in 2025—and where they should go—this one’s for you.
Show Notes:
Adam Michel, "Republicans’ One, Big, Beautiful Tax Bill Needs a Makeover" Cato.org, May 14, 2025
Adam Michel, "Four Things the Senate Can Do to Improve the House Tax Bill" Cato.org, May 22, 2025
Scott Lincicome, "Republicans Can’t Pay for Their Tax Cuts with Fantasy Revenue Sources" The Washington Post, May 27, 2025
Scott Lincicome, "Trump’s Latest Tariff Idea Is Dangerously Foolish" The Dispatch, June 19, 2025
Adam Michel, "Senate Big Beautiful Bill: More Growth, More Subsidies, More Debt" Cato.org, June 30th, 2025
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Plus: Canada withdraws digital tax in bid to salvage U.S. trade discussions. And China’s manufacturing activity declines for a third straight month. Luke Vargas hosts.
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A.M. Edition for July 1. Senators debate through the night in a marathon effort to pass the GOP’s megabill. Plus, President Trump threatens new tariffs on Japan as trade negotiations stall. WSJ editor Peter Landers explains why the two countries are seemingly at odds and what’s at stake economically. And how an AI career coach could give you the judgement-free push you might not get from a human. Luke Vargas hosts.
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An investigation from Tomas Apodaca, at CalMatters and The Markup, found several states were accidentally sharing private health information with tech companies. The tech companies receiving the information never even wanted it. Marketplace’s Nova Safo spoke with Apodaca to learn more about the accidental leak.
Hey folks, I'm taking a little time off! Hope you enjoy this SIO in the meantime. Thank you!
Part 1: The Legal Stuff
Dr. Jenessa Seymour is here to break down something that even our moms are spreading on social media: a group in New York claims to have uncovered discrepancies in the vote count for the 2024 election, and they're suing over it! Dr. Seymour hits ALL of the expert boxes for this one - statistics, voting rights, the law, and New York.
Want part 2 early? Head to Patreon.com/seriouspod!