Prospect

The Fiscal Responsibility Act approved several items on fossil fuel industry wish lists, with nothing for renewable energy. That kills leverage for a broader deal.

Through a ‘tribal justice’ front group, the infrastructure arm of the California and Texas utility owner has lobbied for gas exports that could raise prices for its own customers.

Two new books call ‘private equity’ what it actually is, but neither offers much hope for emancipation from our eternal hostile takeover.

Tragedy + Tragedy + Tragedy + Tragedy …

Today on TAP: More Democrats than Republicans voted for the Biden-McCarthy deal. Here’s why.

David Dayen explains what’s in this thing.

Gov. Wes Moore’s credibility in the largest city in Maryland rides on building a light-rail line long blocked by racist fears.

A review of Chegg, an online education tutor that’s threatened by ChatGPT, suggests that a bigger problem than AI is what we allow businesses to get away with.

Hollowing out government capacity and leveraging executive power to harm political enemies is at the heart of the Trump-DeSantis project. Will we hear about that?

Advocates question whether new enrollees will pour into the food assistance program, given bureaucratic barriers and no additional resources for caseworkers and agencies.

Today on TAP: The president could make generational justice a big winner for basic decency—and for his re-election.

Pandemic-era benefit boosts worked for jobless recipients and the economy. Why did they go away?

On today’s X-Date: Joe Manchin’s Pipeline Payoff gets immunized from judicial review, as does what could have been a deregulation ratchet.

The case against UPMC could serve as a model for labor-related antitrust enforcement.

Today on TAP: The debt ceiling idiocy tells us a lot about Joe Biden’s strengths and limitations.

Today’s X-Date: If the debt ceiling deal passes, the military budget goes up and IRS funding gets slashed. But if Congress doesn’t pass the subsequent spending bills, that reverses.

It’s already happening—mostly to the advantage of Beijing.

The likely consequences of Biden’s new immigration policy will be misery for thousands seeking refuge.

The Biden administration is trying to bottle up migrants south of the border. It isn’t working.

The court case involving the FDA approval of mifepristone revealed a little too much about the conservative movement’s aims.