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“It’s a heist”: Senator calls out Texas for trying to steal shuttle from Smithsonian

arstechnica.com Unknown 2025-08-01 06:05:21

A political effort to remove space shuttle Discovery from the Smithsonian and place it on display in Texas encountered some pushback on Thursday, as a US senator questioned the expense of carrying out what he described as a theft. "This is not a transfer. It's a heist," said Sen. Dick Durbin (D-Ill.) during a budget markup hearing before the Senate Appropriations Committee. "A heist by Texas because they lost a competition 12 years ago." In April, Republican Sens. John Cornyn and Ted Cruz, bot

Topics: discovery senate shuttle space texas
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QSBS Limits Raised

news.ycombinator.com Unknown 2025-08-09 21:14:40

On June 16, 2025, the Senate Finance Committee released its own version of proposed legislation following the House’s passage of the “One Big Beautiful Bill Act” (H.R. 1). While the House bill did not introduce any changes to Section[1] 1202 for “qualified small business stock” (QSBS), the Senate Finance proposal introduces significant expansions of the tax benefits of QSBS acquired after the date of the enactment of the final legislation. Summary of Current Law The QSBS exemption allows nonco

Topics: finance proposal qsbs senate years
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The Senate Just Put Clean Energy for AI in the Crosshairs

wired.com Molly Taft 2025-08-18 10:00:47

After more than a day of continuous debate, the US Senate passed its version of the budget megabill Tuesday afternoon—with potentially disastrous implications for the future of renewable energy in the country. Among a barrage of bad news for climate initiatives, including a new tax credit for coal and the sunsetting of electric vehicle tax credits, the bill forces an aggressive cutoff for tax credits for wind and solar. The bill ends credits for projects placed in service—a term meaning, essent

Topics: credits energy new senate tax
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Senate drops plan to ban state AI laws

theverge.com Tina Nguyen 2025-08-19 02:15:48

is a senior reporter for The Verge, covering the Trump administration, Elon Musk’s takeover of the federal government, and the tech industry’s embrace of the MAGA movement. The US Senate has voted overwhelmingly to remove a moratorium on states regulating AI systems from the Republican “big, beautiful bill.” Legislators agreed by a margin of 99 to 1 to drop the controversial proposal during a protracted fight over the omnibus budget bill, which is still under debate. The vote followed failed a

Topics: ai moratorium sen senate states
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Texas politicians make headway in effort to wrench space shuttle from Smithsonian

arstechnica.com Unknown 2025-08-20 10:16:14

A political effort to relocate the space shuttle Discovery from the Smithsonian to Space Center Houston has been merged with the so-called "One Big Beautiful Bill," a major economic and policy package now nearing a vote in the US Senate. The "Bring the Space Shuttle Home Act," first introduced by Texas Senators Ted Cruz and John Cornyn in April, has now been added to the Senate's version of the bill championed by President Donald Trump. While the latter legislation primarily focuses on tax cuts

Topics: beautiful center home senate space
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Crypto rules of the road framework unveiled by Republican senators

cnbc.com Emily Wilkins 2025-08-30 21:40:01

Sen. Tim Scott (R-SC) speaks on stage on the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, Wisconsin. Two Republican senators are planning to debut a framework on Tuesday for a major bill that would set the rules of the road for digital assets. According to the framework, being introduced by Senate Banking Chairman Tim Scott of South Carolina and Sen. Cynthia Lummis of Wyoming, who heads the panel's digital assets committee, the future bill

Topics: committee digital house scott senate
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Ted Cruz can’t get all Republicans to back his fight against state AI laws

arstechnica.com Unknown 2025-08-31 09:02:12

A Republican proposal to penalize states that regulate artificial intelligence can move forward without requiring approval from 60 senators, the Senate parliamentarian decided on Saturday. But the moratorium on state AI laws did not have unanimous Republican support and has reportedly been watered down in an effort to push it toward passage. In early June, Sen. Ted Cruz (R-Texas) proposed enforcing a 10-year moratorium on AI regulation by making states ineligible for broadband funding if they t

Topics: ai broadband cruz senate states
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Senate passes GENIUS stablecoin bill, giving crypto industry first major legislative win

cnbc.com Mackenzie Sigalos 2025-09-09 06:42:59

The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images The Senate on Tuesday passed the GENIUS Act, a landmark bill that for the first time establishes federal guardrails for U.S. dollar-pegged stablecoins and creates a regulated pathway for private companies to issue digital dollars with the blessing of the federal government. The bill passed with a 68-30 vote. It's a milestone day for the crypto industr

Topics: act crypto senate stablecoins trump
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Senate GOP bill spares nuclear and geothermal energy while hammering wind and solar

techcrunch.com Tim De Chant 2025-09-10 14:21:35

One month after the House passed its version of a reconciliation bill, Senate Republicans released their take on the budget bill Monday night. The Senate Finance Committee’s language would take a sledgehammer to some parts of the renewable-friendly Inflation Reduction Act (IRA) while sparing others. Solar, wind, and hydrogen bear the brunt of the impact. On the other side of the ledger, geothermal, nuclear, hydropower, and long-duration energy storage emerge relatively unscathed. Carbon captur

Topics: credit pass senate solar tax
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The Real-World Places Behind ‘Andor’ Season 2’s Architectural Marvels

gizmodo.com Toussaint Egan 2025-09-14 10:15:28

Andor, the live-action Star Wars prequel series created by Tony Gilroy and starring Diego Luna, concluded its second and final season last month. Spanning the years prior to the events of Rogue One: A Star Wars Story, the series has garnered massive praise from Star Wars fans and critics alike for its deft storytelling, stirring lead performances, and majestic setpieces. This is especially true in the show’s second season, which sees the former thief-turned-rebel-fighter on the run for his life

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