Feed aggregator
Trump Budget Calls for More Than $1T In Defense Spending, Massive Cuts to Education, Foreign Aid and Environment
President Trump introduced his 2026 budget blueprint on Friday, laying out plans to slash $163 billion from a variety of government programs including education, foreign assistance, and environmental initiatives, while ramping up military spending past the $1 trillion threshold.
The proposed reductions to non-defense discretionary funding represent a 22.6% decrease compared to current appropriations, according to documents released by the White House.
At the same time, Trump is requesting a 13% increase in defense allocations, pushing the Department of Defense budget to $1.01 trillion. Additionally, the administration is asking for $175 billion to address border security, aiming to, as the budget puts it, “at long last, finally secure our border.”
Despite the administration’s proposal, Congress retains the responsibility of crafting its own version of the federal budget—a process that could take several months of negotiations.
The White House is making a concerted effort to see the budget passed quickly, with Chief of Staff Susie Wiles telling The Post that enacting Trump’s legislative priorities is the central focus for the coming half-year.
“We ought to have a budget by then which would contain virtually all of the president’s priorities,” Wiles said Tuesday, “which are the things that he campaigned on, and renewal of the Trump tax cuts.”
“And if, if that is all we do, which it won’t be. That is an enormous accomplishment, because it’s the framework for everything else we will work to do.”
{Matzav.com}Trump To Take Away Harvard’s Tax-Exempt Status: ‘It’s What They Deserve!’
President Trump announced Friday that Harvard University will be losing its tax-exempt designation.
“We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!” he posted on Truth Social.
This development follows the Trump administration’s recent decision to suspend $2.2 billion in federal grant money that had been allocated over several years. The suspension was in response to Harvard’s alleged failure to adequately address antisemitism and hate-related activity on its campus.
Earlier, Trump had suggested that Harvard’s continued promotion of “political, ideological, and terrorist inspired/supporting ‘Sickness?’” could place its tax-exempt status in jeopardy.
“Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!” he warned.
Being tax-exempt allows universities like Harvard to attract substantial donations from wealthy benefactors looking for tax deductions, and ensures that the institution doesn’t pay income tax on its net earnings.
However, current federal law bars the president and other top government officials from ordering or halting any IRS audits or investigations.
The administration has yet to explain the legal justification it plans to use in order to revoke Harvard’s tax exemption.
Harvard has long benefited from its tax-exempt designation, helping it accumulate the country’s largest university endowment, now estimated at $53 billion. In the 2024 fiscal year alone, the school reportedly generated $2.4 billion in earnings from that endowment.
That endowment is crucial to the school’s financial operations, reportedly covering nearly 38% of its $6.4 billion annual budget. Additionally, $686 million in yearly federal funds comprise about 16% of its total budget.
Should Harvard’s tax-exempt status be revoked and its endowment earnings be taxed at the corporate rate of 21% instead of the current 1.4%, the school could face a $525 million annual loss in available funds.
{Matzav.com}
Never Argue: 115-Year-Old British Woman, Now The World’s Oldest, Gives Her Recipe To Long Life
Jerusalem Hills Wildfires: Firefighters, Croatian Aircraft Near End of “Wall of Fire” Operation
Trump to Rename Veterans Day as ‘Victory Day for World War I’
President Donald Trump revealed Thursday that he plans to rebrand Veterans Day, calling it “Victory Day for World War I” as a tribute to what he described as America’s decisive military triumphs.
In a message posted late at night on Truth Social, Trump said the renaming effort is intended to spotlight America’s unmatched contributions in both global conflicts. He also proposed replacing the name “Victory in Europe Day,” observed on May 8, with “Victory in World War II Day,” asserting, “we did more than any other Country, by far, in producing a victorious result on World War II.”
“We won both Wars, nobody was close to us in terms of strength, bravery, or military brilliance, but we never celebrate anything,” Trump wrote. “That’s because we don’t have leaders anymore, that know how to do so! We are going to start celebrating our victories again!”
The suggestion to change the name of Veterans Day comes as a surprise, considering the holiday’s origins. It was first introduced as Armistice Day after the end of World War I to honor the American soldiers who had served in that devastating war. During the 1950s, its scope was expanded to include all U.S. military veterans, encompassing those who had fought in World War II and the Korean War. It became an official federal holiday in 1968, and over time has come to commemorate veterans of numerous other conflicts, including those in Vietnam, the Persian Gulf, Iraq, and Afghanistan.
May 8 is recognized as the date when Nazi Germany surrendered, marking the end of fighting in Europe. However, the war against Japan continued for several more months, concluding in September 1945 after the U.S. dropped atomic bombs on Hiroshima and Nagasaki. Unlike Veterans Day, Victory in Europe Day is not an official federal holiday in the United States.
Trump’s assertion that the United States played the most significant role in winning World War II is likely to provoke pushback, particularly from Russia, which highlights its immense wartime losses during what it calls the “Great Patriotic War.” Approximately 9 million Soviet soldiers and 19 million civilians were killed in battles against the Nazi regime on the Eastern Front. Britain also endured severe destruction during Germany’s prolonged bombing campaigns.
{Matzav.com}
Vance: Elon Musk to Stay Involved, Driving Historic Government Efficiency Improvements
Drone Show Malfunction Sends Hundreds of Drones Crashing
Secretary LCD Hails Jobs Report, Says Trump’s Golden Age Has Arrived
Canadian PM Carney to Meet Trump at White House on Tuesday
Tsunami Warnings Issued in Southern Chile After 7.4-Magnitude Quake, Coastal Evacuations Underway
AirPlay Malware Threatens Billions of iPhone Users
Cybersecurity professionals are urgently advising Apple users to update their devices without delay following the discovery of a major security loophole in the company’s AirPlay technology, according to the New York Post. Researchers say the flaw could open the door for hackers to steal sensitive information, install malicious software, and even listen in on private conversations.
The vulnerability, dubbed “AirBorne,” exposes millions of Apple devices to potential threats. Experts explain that the issue allows cyber attackers to penetrate devices sharing the same Wi-Fi network — making places like coffee shops, office spaces, and airports particularly vulnerable.
AirPlay, which allows wireless media sharing across Apple products, relies on a software development kit (SDK) used in a wide array of electronics. Analysts warn that this exploit could provide intruders with access to various devices, such as iPhones, smart TVs, and infotainment systems in vehicles.
“Because AirPlay is supported in such a wide variety of devices, there are a lot that will take years to patch — or they will never be patched,” said Gal Elbaz, chief technology officer and co-founder of Israeli cybersecurity company Oligo, during an interview with Wired. “And it’s all because of vulnerabilities in one piece of software that affects everything.”
Security investigators identified 23 distinct flaws within the AirPlay system. Worryingly, the affected hardware could include older or idle devices that are still connected to a network — such as obsolete streaming boxes or Bluetooth speakers — which could serve as entry points for attackers.
“If a hacker can get on the same network as one of these devices, they can gain control and use it as a stepping stone to reach everything else,” Elbaz warned.
In response to the findings, Apple has released software updates to patch the vulnerabilities, and users are strongly urged to download the latest versions. However, products made by outside companies that rely on AirPlay integration have yet to be uniformly updated — a gap in protection that cybersecurity experts say could put users at continued risk.
“When third-party manufacturers integrate Apple technologies like AirPlay via an SDK, obviously Apple no longer has direct control over the hardware or the patching process,” said Patrick Wardle, CEO of Apple-centric security company DoubleYou. “If third-party vendors drag their feet — or skip updates entirely — it could leave users exposed and might chip away at consumer trust in the entire ‘Apple ecosystem.'”
To mitigate potential breaches, security specialists recommend Apple users update their iPhones and other Apple hardware as soon as possible and turn off AirPlay if it is not currently needed. Doing so could block a major vector for cyberattacks.
While Apple has worked swiftly to correct these issues within its own devices, analysts stress that the wider concern is the sheer number of non-Apple products that depend on AirPlay and may remain unprotected.
{Matzav.com}
Months After The Devastating Los Angeles Wildfires, Rebuilding Begins — Slowly And Unevenly
White House Launches Website Tracking Flood of Investments into U.S.
The White House has rolled out a new online hub highlighting a surge of announced investments pouring into the U.S. economy since President Donald Trump began his second term in office.
The website showcases 49 significant investment commitments from a broad spectrum of industries—ranging from technology and pharmaceuticals to energy and real estate.
In the tech world, Apple and Nvidia each unveiled plans to pour $500 billion into U.S. operations. A separate $500 billion commitment is being made through Stargate, a collaborative initiative between OpenAI, SoftBank, and Oracle. Meanwhile, IBM has pledged a $150 billion investment of its own.
The pharmaceutical industry also figures prominently in the list, with several major players committing tens of billions of dollars in investment. Among them:
• Johnson & Johnson: $55 billion
• Genentech (Roche): $50 billion
• Eli Lilly & Company: $27 billion
• Novartis: $23 billion
• AbbVie: $10 billion
• Merck: $9 billion
Major investments from other sectors include $21 billion from automotive powerhouse Hyundai, $20 billion from DAMAC Properties in real estate, and $25 billion jointly announced by ADQ and Energy Capital Partners.
While addressing a gathering of business leaders on Wednesday, Trump said he expects total investments during his second term to cross the $8 trillion mark within a matter of weeks.
“We have a total of close to $8 trillion all told,” he continued. “And there’s never been anything like that in this country; we’ve never had anything close. I would say, if you looked at the last administration, probably for four years, they did maybe less than $1 [trillion], and we’ve done almost $8 [trillion].”
Trump’s signature economic policies—tariff enforcement, sweeping deregulation, and major tax cuts—are widely seen as key drivers behind the tidal wave of new capital since January.
During remarks at the White House on Wednesday, Nvidia CEO Jensen Huang directly credited Trump’s role in bringing advanced manufacturing back to U.S. soil, as the company prepares to roll out a next-generation 70-pound processor.
“We’re going to build NVIDIA’s technology, the next generation of that, all here in the United States,” he said.
“Without the president’s leadership, his policies, his support, and, very importantly, his strong encouragement… frankly, manufacturing in the United States wouldn’t have accelerated to this pace,” Jensen added.
{Matzav.com}
Report: Trump’s Birthday Parade To Feature 6,000 Soldiers
The U.S. Army has developed detailed proposals for a large-scale military parade on June 14, President Donald Trump’s birthday, featuring a display of military power that includes more than 6,600 troops, over 150 military vehicles, 50 helicopters, seven Army bands, and potentially thousands of civilians, according to documents reviewed by The Associated Press.
These internal planning files, dated April 29 and 30, have not yet been made public. They provide the Army’s latest draft for celebrating its 250th anniversary on the National Mall—an event that now may include a military parade, a vision long championed by Trump but still under discussion.
Coincidentally, the Army’s milestone falls on the same day as Trump’s 79th birthday, June 14.
Although the slides don’t specify a budget, a parade of this scale would require tens of millions of dollars to coordinate. Those expenses would cover transporting equipment, vehicles, personnel, and aircraft to Washington, as well as providing meals and lodging for thousands of service members.
Trump had pushed for a military parade during his presidency, but those efforts were shelved due to high costs. Officials are again raising concerns that heavy military hardware could damage the capital’s streets.
Army spokesman Steve Warren addressed the potential event on Thursday, saying no final decisions have been made.
Col. Dave Butler, another spokesperson for the Army, emphasized enthusiasm for the anniversary plans.
“We want to make it into an event that the entire nation can celebrate with us,” said Butler. “We want Americans to know their Army and their soldiers. A parade might become part of that, and we think that will be an excellent addition to what we already have planned.”
Sources familiar with the plans, speaking anonymously since no final approval has been granted, confirmed the documents reflect preparations in the event the White House gives the green light. A request for comment sent to the White House received no immediate response.
So far, there has been no official authorization for the parade. The plans remain fluid and have already undergone revisions in recent weeks.
Without specifically referencing the June 14 event, Trump posted on Truth Social Thursday night, “We are going to start celebrating our victories again!” He announced his intent to rename May 8, currently recognized as Victory in Europe Day, to “Victory Day for World War II,” and to change Veterans Day on November 11 to “Victory Day for World War I.”
Transporting the equipment would require logistical operations involving rail and air transport to bring military assets to the capital.
Some of the personnel and machinery were already slated to appear as part of the Army’s planned birthday festivities, which have been under development for over a year. The scheduled events on the National Mall include demonstrations, physical challenges, climbing walls, Humvees, helicopters, and other military displays.
Adding a parade would significantly boost the number of participating troops and the amount of equipment. According to the outline, approximately 6,300 service members would march, while others would handle logistics and support.
The Army initially didn’t plan for a parade, but officials confirmed last month that discussions about adding one had begun.
The draft plan envisions a showcase of the Army’s 250-year legacy, with soldiers from at least 11 corps and divisions expected to take part. This could include a Stryker battalion with two companies of Stryker vehicles, a tank battalion with two companies of tanks, and an infantry battalion featuring Bradley vehicles, Paladin artillery, Howitzers, and other mechanized units.
Seven official Army bands would perform, and the Golden Knights parachute team is expected to participate. Civilian contributors could include historic military vehicles and planes, additional bands, reenactors, and representatives of veterans organizations and military academies.
The draft indicates the parade would be designated a national special security event, pending approval—a request already submitted by the National Park Service and currently under review.
Plans also include a concert and fireworks following the evening parade.
One planning document highlights logistical hurdles, such as identifying housing for incoming troops and resolving “significant concerns regarding security requirements” associated with moving large volumes of equipment into the city. The biggest outstanding question, the documents note, is finalizing which specific units will be assigned to participate.
Trump first expressed interest in hosting a U.S. military parade after attending the Bastille Day celebrations in France in 2017. Impressed by the parade down the Champs-Élysées, Trump declared he wanted an even larger display along Pennsylvania Avenue.
That initial plan was ultimately dropped due to the projected $92 million cost and logistical headaches, including pushback from city leaders who feared damage to local streets from tanks and heavy armor.
In 2018, Trump wrote on social media that he canceled the parade due to the excessive costs and blamed local officials for inflating the price.
This year, as the Army’s celebration took shape in Washington, conversations about incorporating a parade resurfaced.
D.C. Mayor Muriel Bowser confirmed in April that the federal government had reached out about organizing a parade on June 14, with a proposed route stretching from Arlington, Virginia—home to the Pentagon and Arlington National Cemetery—across the Potomac River into downtown Washington.
{Matzav.com}
CDC Reports 216 Child Deaths This Flu Season, The Most In 15 Years
IDF Says Chief War Goal Is Return Of Hostages, Contradicting Netanyahu’s Position
The Israel Defense Forces emphasized that their foremost mission in the ongoing Gaza conflict is the safe recovery of the 59 hostages still in Hamas captivity.
This assertion stands in stark contrast to Prime Minister Bibi Netanyahu’s remarks yesterday in which he stated that achieving “victory” over Hamas is the war’s overriding objective, rather than securing the hostages’ return.
“The supreme mission that the IDF is dealing with is our moral duty to return the hostages. The second mission is defeating Hamas. We are working to advance both goals, with the return of the hostages being at the top [of the list of priorities],” the military says.
{Matzav.com Israel}
NY, NJ Homeowners Facing Major SALT Deduction Changes As Blue State GOPers Duke It Over New Cap
Republican lawmakers representing blue states are engaged in intense private negotiations over potential changes to the state and local tax (SALT) deduction, with proposals ranging from $30,000 to as high as $100,000. Their aim is to secure inclusion of the provision in President Trump’s sweeping new tax legislation, sources told The Post.
On Wednesday, GOP representatives from states like New York, New Jersey, and California met with House Speaker Mike Johnson of Louisiana and House Ways and Means Committee Chair Jason Smith of Missouri. The group discussed potential figures to propose as a new cap on SALT deductions as part of a massive tax reform bill expected to total several trillion dollars.
According to three individuals briefed on the meeting, lawmakers floated multiple figures — $30,000, $40,000, and $60,000 were discussed — while some pushed aggressively for a $100,000 threshold, insisting on “$100,000 or bust.”
Representative Jeff Van Drew of New Jersey has previously voiced support for a $30,000 limit per filer, calling it “a good number” and “still reasonable.”
One Republican from California, who was not named, is said to have proposed a $60,000 cap, which mirrors a past proposal by Long Island Representative Nick LaLota. LaLota’s bill would have allowed single filers to deduct up to $60,000 and joint filers up to $120,000.
Congressman Mike Lawler of Rockland County is backing an even more generous proposal — $100,000 for individual filers and $200,000 for married couples. His plan would also eliminate what’s been referred to as the “marriage penalty,” where the cap was previously the same for both single and joint filers.
The SALT deduction is currently capped at $10,000 for both individuals and couples, a limit put in place by the 2017 Tax Cuts and Jobs Act signed by President Trump. That cap is due to expire at the end of this year unless Congress acts.
Representative Nicole Malliotakis of Staten Island and other colleagues have criticized the current cap as being insufficient, saying even a $20,000 limit wouldn’t adequately support the middle class.
“We’re working on identifying a number that will cover the middle-class families we represent,” Malliotakis said.
“It’s going to come down to what provides relief for the middle-class, what can we get consensus on in the committee and what is palatable for the entire conference,” she added.
“The president, the speaker, Chairman Jason Smith and my colleagues on the [Ways and Means] committee — they understand the dilemma facing New York members.”
The committee is aiming to finalize the details of the tax overhaul next week, with Treasury Secretary Scott Bessent targeting July 4 as the deadline for passage.
Bessent warned reporters on Tuesday that failure to pass what he called the “big, beautiful” legislation — which also allocates funds for defense and border protection — could have dire consequences: “If it doesn’t pass, we’ll have the largest tax hike in history.”
If the $10,000 SALT cap remains permanent, the nonpartisan Tax Foundation estimates that more than $1 trillion could be added to the federal deficit over the next decade.
Meanwhile, the Committee for a Responsible Federal Budget projected that Lawler’s proposal of $100,000 for single filers and $200,000 for couples could cut an additional $1 trillion in revenue by 2035.
Several elements of the tax bill still need review by the Joint Committee on Taxation and the Congressional Budget Office (CBO) to ensure that it can be approved through reconciliation, a process that allows it to pass the Senate with a simple majority of 51 votes.
“Our final bill will not only extend the 2017 tax relief for hardworking Americans, it will make it permanent,” said Senate Majority Leader John Thune of South Dakota during remarks on the Senate floor Tuesday.
Speaker Johnson remains hopeful that the full legislation can be sent to the president before Memorial Day.
{Matzav.com}
Concerns Rise at “Eretz Hakodesh” Headquarters as Reform Vote Surges in Final Days of Zionist Organization Elections
Germany’s Spy Agency Declares Alternative For Germany (AFD) Party A Far-Right Extremist Movement
Pages
