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The House is voting to pass the One Big "Beautiful" Bill right now. Here's six key takeaways on what passage means for U.S. energy costs, investment in new electricity supplies, and greenhouse gas emissions. #OBBB

We still don’t even final estimates for: -how many people lose health insurance -how many people lose SNAP -who wins/loses and by how much -total Medicaid cuts -total health care cuts -total SNAP cuts Because knowing that didn’t matter to the people who supported it

Republicans are celebrating the passage of the largest Medicaid cut in U.S. history to pay for the largest tax break for billionaires in American history. 51,000 Americans will die each year so that the top 1% can get a $1 trillion tax break. This bill is a death sentence.

While Republicans celebrate the passage of the largest Medicaid cut in history, the Curtis Medical Center in Nebraska announced it will shut down as a result of these horrific cuts — the first of many hospitals to close. This is a dark day for rural America and for our country.

This is original House bill, but the same effect. OBBB is the largest cut to health care in history, cutting Medicaid by 2x what Reagan did. Medicaid backstops everything from nursing homes to rural hospitals; uncharted territory for how much health care access people will lose.

I have a new piece in Dissent, with some preliminary thoughts on what delivering on Zohran's agenda will look like in practice. dissentmagazine.org/online_article…

The housing section is a must read—highlights the need for zoning reform that expands on City of Yes, and financing tools that keep investment flowing even as rents cool. Don’t think I’ve ever been as optimistic as I am now that NYC will build the amount of housing we need.

Happy 4th, Maryland! 🎆

COLSON MONTGOMERY. ARE YOU KIDDING?!

Happy 4th all.

We're glad that Treasury Secretary Scott Bessent has spent time on our website, and we'd be thrilled to talk to him and his team about our work All of our models are transparent because we want policymakers to engage with our analysis, and if they disagree with us -- we'd be keen to hear it

BRAZIL'S LULA: NOT RESPONSIBLE A PRESIDENT FROM A COUNTRY LIKE THE U.S. TO THREATEN THE WORLD WITH TARIFFS ON SOCIAL MEDIA

Integers divisible by five: Trump announces tariff rates set to take effect on Aug 1 that are close to the April 2 rates (suspended on April 9) Laos: 40% (previously 48%) Myanmar: 40% (prev 44%) South Africa: 30% (unchanged) Malaysia: 25% (prev 24%) Kazakhstan: 25% (prev 27%)

To keep up, I've put together this ✨very sophisticated✨ table. These new numbers don't look that small

What's remarkable is that health care spending as a share of the economy has indeed stabilized since the Affordable Care Act, coming in far below projections & after decades of rapid growth. All while the uninsured rate dropped by nearly half.

This methodology (percent of imported over total per category) is useful for case studies and simulations and capturing intermediate effects, but I'm not sold on a running index. BLS tracks actual import prices on goods (excluding tariffs) and they are up this year, not down.

This is a terrible economic outcome. In my research (links below), I've shown that the subscription cancellation problem is big and leads to significant overpayments. The click-to-cancel rule was poised to make meaningful progress on this problem. Requiring firms to make it

An important consumer protection rule just got struck down because of procedural bottlenecks, of using impact analysis requirements as a mechanism to stop action. This is exactly the kind of trap Abundance warns about, and it would be useful for them to fold it into their case.

Anyone else notice that PCE (core and headline) is running faster than CPI in 2025? Contrary to normal historical and recent values where CPI runs faster. We'll know why when we get NIPA underlying 9.1.U with Q2 GDP at the end of the month, but is the why already understood?

Trump cites the treatment of Bolsonaro as a justification for increased tariffs.