5 things to know for June 17: Israel-Iran, G7, Spending bill, NIH grants, Mike Lindell
Britain's foreign intelligence service, MI6, will be led by a woman for the first time in its history. Blaise Metreweli, who is currently head of the technology and innovation teams, will become chief of the Secret Intelligence Service in the fall. For fans of the James Bond movies, that means Q just became M.
Here's what else you need to know to Get Up to Speed and On with Your Day.
Get '5 Things' in your inbox
If your day doesn't start until you're up to speed on the latest headlines, then let us introduce you to your new favorite morning fix. Sign up here for the '5 Things' newsletter.
As Israel and Iran trade strikes for a fifth day, civilians in both countries are paying the price. At least 224 people in Iran and 24 people in Israel have been killed. Schools in Tehran have been turned into bomb shelters and emergency bases, while citizens seeking to evacuate the capital ahead of Israeli strikes have been stymied by fuel shortages. People in Israel are trying to avoid Iran's missiles by gathering in bomb shelters where they sit, glued to their phones and TVs, waiting for the latest updates. Amid the escalating conflict, Israel has publicly justified its unprecedented attack as an effort to stop Iran from building a nuclear bomb. However, US intelligence assessments show Iran was not actively pursuing a nuclear weapon and was up to three years away from being able to produce and deliver one to a target.
President Donald Trump abruptly left the Group of 7 summit in Canada due to 'what's going on in the Middle East,' and directed his national security staff in Washington to meet in the Situation Room. How Trump intends to handle the situation is unclear as he has been sending mixed signals. He posted 'Everyone should immediately evacuate Tehran!' on his social media platform, but did not explain why. On Monday, he initially signaled his intention not to sign a joint statement calling for de-escalation between Israel and Iran. However, when the G7 leaders released the statement later in the day, an official said it had Trump's blessing. Trump also told European leaders that discussions were underway to obtain a ceasefire between Israel and Iran. Overnight, he took to Truth Social to deny ever saying that.
The GOP-led Senate Finance Committee released its proposal for President Trump's agenda bill on Monday and it includes some notable changes. While the committee wants to keep many of the provisions contained in the legislation that the House approved last month, it is also calling for:
* Deeper cuts to Medicaid* Raising the debt limit by $5 trillion* Lowering the cap on state and local tax deductions* Slowing the elimination of some clean energy tax cuts* Lowering the child tax credit from $2,500 to $2,200 but making it permanent* Limiting tax relief on tips and overtime* Making some business tax breaks permanent
Senate Republicans hope to pass their package by next week so the two chambers can work out a final deal to send to President Trump by July 4.
A federal judge ruled on Monday that it was illegal for the Trump administration to cut certain research grants at the National Institutes of Health because they focused on gender identity, diversity, equity or inclusion. US District Judge William Young called the administration's process for terminating these grants 'arbitrary and capricious.' He also said it was clear that what was behind the government's actions was 'racial discrimination and discrimination against America's LGBTQ community.' The ruling is expected to be appealed.
A federal jury in Colorado has found Mike Lindell guilty of defaming a former employee of Dominion Voting Systems. Eric Coomer, who was the security and product strategy director at the voting equipment company, sued the MyPillow founder and conspiracy theorist for calling him a traitor and accusing him of stealing the 2020 election. Lindell and other allies of President Trump continue to falsely claim that his 2020 loss to Democrat Joe Biden was due to widespread fraud and blamed Dominion's voting machines. The jury awarded Coomer $2.3 million in damages.
Perry's doc takes plea One of the physicians accused of providing ketamine to actor Matthew Perry ('Friends') has agreed to plead guilty to four counts of distribution. Perry died in 2023 of 'acute effects' of ketamine and subsequent drowning.
Trouble At HomeThe popular home goods chain filed for bankruptcy and may close some locations.
Record-breakerTwo-time Olympic gold medalist Mondo Duplantis has broken the pole vault world record for the 12th time.
Stand up guysActor Al Pacino and film producer Andrea Iervolino ('Maserati: The Brothers') recently met with Pope Leo XIV at the Vatican. Iervolino described the meeting as 'a moment of profound spiritual and cultural inspiration.'
Good eatsThe 2025 James Beard Awards were announced on Monday night. Outstanding restaurant honors went to eateries in Minneapolis, Minnesota and Boulder, Colorado.
$50 millionThat's how much Philadelphia Eagles owner Jeffrey Lurie has donated to launch an autism research institute.
'This tragedy must become a moment for us to come together. Hold your loved ones a little closer. Love your neighbors. Treat each other with kindness and respect. The best way to honor our parents' memory is to do something, whether big or small, to make our community just a little better for someone else.'
— Sophie and Colin Hortman, in a statement following the murder of their parents, Minnesota state Rep. Melissa Hortman and her husband Mark.
Check your local forecast here>>>
BustedA tourist sat on a crystal-covered chair in Verona's Palazzo Maffei and broke it. The piece by Italian artist Nicola Bolla has since been restored.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hill
18 minutes ago
- The Hill
How Senate Republicans want to change the tax breaks in Trump's big bill
WASHINGTON (AP) — House and Senate Republicans are taking slightly different approaches when it comes to the tax cuts that lawmakers are looking to include in their massive tax and spending cuts bill. Republicans in the two chambers don't agree on the size of a deduction for state and local taxes. And they are at odds on such things as allowing people to use their health savings accounts to help pay for their gym membership, or whether electric vehicle and hybrid owners should have to pay an annual fee. The House passed its version shortly before Memorial Day. Now the Senate is looking to pass its version. While the two bills are similar on the major tax provisions, how they work out their differences in the coming weeks will determine how quickly they can get a final product over the finish line. President Donald Trump is pushing to have the legislation on his desk by July 4th. Here's a look at some of the key differences between the two bills: The child tax credit currently stands at $2,000 per child. The House bill temporarily boosts the child tax credit to $2,500 for the 2025 through 2028 tax years, roughly the length of President Donald Trump's second term. It also indexes the credit amount for inflation beginning in 2027. The Senate bill provides a smaller, initial bump-up to $2,200, but the bump is permanent, with the credit amount indexed for inflation beginning next year. Trump promised on the campaign trail that he would seek to end income taxes on tips, overtime and Social Security benefits. Also, he would give car buyers a new tax break by allowing them to deduct the interest paid on auto loans. The House and Senate bills incorporate those promises with temporary deductions lasting from the 2025 through 2028 tax years, but with some differences. The House bill creates a deduction on tips for those working in jobs that have customarily received tips. The House also provides for a deduction for overtime that's equal to the amount of OT a worker has earned. The Senate bill comes with more restrictions. The deduction for tips is limited to $25,000 per taxpayer and the deduction for overtime is limited to $12,500 per taxpayer. The House and Senate bills both provide a deduction of up to $10,000 for interest paid on loans for vehicles made in the United States. And on Social Security, the bills don't directly touch the program. Instead, they grant a larger tax deduction for Americans age 65 and older. The House sets the deduction at $4,000. The Senate sets it at $6,000. Both chambers include income limits over which the new deductions begin to phase out. The caps on state and local tax deductions, known in Washington as the SALT cap, now stand at $10,000. The House bill, in a bid to win over Republicans from New York, California and New Jersey, lifts the cap to $40,000 per household with incomes of less than $500,000. The credit phases down for households earning more than $500,000. The Senate bill keeps the cap at $10,000. That's a non-starter in the House, but Republicans in the two chambers will look to negotiate a final number over the coming weeks that both sides can accept. The House bill prohibits states from establishing new provider taxes or increasing existing taxes. These are taxes that Medicaid providers, such as hospitals, pay to help states finance their share of Medicaid costs. In turn, the taxes allow states to receive increased federal matching funds while generally holding providers harmless through higher reimbursements that offset the taxes paid. Such taxes now are effectively capped at 6%. The Senate looks to gradually lower that threshold for states that have expanded their Medicaid populations under the Affordable Care Act, or 'Obamacare,' until it reaches 3.5% in 2031, with exceptions for nursing homes and intermediate care facilities. Industry groups have warned that limiting the ability of states to tax providers may lead to some states making significant cuts to their Medicaid programs as they make up for the lost revenue in other ways. The Medicaid provision could be a flashpoint in the coming House and Senate negotiations. Sen. Josh Hawley, R-Mo., was highly critical of the proposed Senate changes. 'This needs a lot of work. It's really concerning and I'm really surprised by it,' he said. 'Rural hospitals are going to be in bad shape.' The House bill would allow companies for five years to fully deduct equipment purchases and domestic research and development expenses. The Senate bill includes no sunset, making the tax breaks permanent, which was a key priority of powerful trade groups such as the U.S. Chamber of Commerce. Republicans in both chambers are looking to scale back the clean energy tax credits enacted through then-President Joe Biden's climate law. It aimed to boost the nation's transition away from planet-warming greenhouse gas emissions toward renewable energy such as wind and solar power. Under the Senate bill, the tax credits for clean energy and home energy efficiency would still be phased out, but less quickly than under the House bill. Still, advocacy groups fear that the final measure will threaten hundreds of thousands of jobs and drive up household energy costs. The House bill would allow millions of Americans to use their health savings accounts to pay for gym memberships, with a cap of $500 for single taxpayers and $1,000 for joint filers. The Senate bill doesn't include such a provision. The House reinstates a charitable deduction for non-itemizers of $150 per taxpayer. The Senate bill increases that deduction for donations to $1,000 per taxpayer. Republicans in the House bill included a new annual fee of $250 for EV owners and $100 for hybrid owners that would be collected by state motor vehicle departments. The Senate bill excludes the proposed fees. ___
San Francisco Chronicle
19 minutes ago
- San Francisco Chronicle
Diplomatic breakthrough elusive as Israel-Iran war stretches into second week
TEL AVIV, Israel (AP) — Hours of talks aimed at de-escalating fighting between Israel and Iran failed to produce a diplomatic breakthrough as the war entered its second week with a fresh round of strikes between the two adversaries. European ministers and Iran's top diplomat met for four hours Friday in Geneva, as President Donald Trump continued to weigh U.S. military involvement and worries rose over potential strikes on nuclear reactors. European officials expressed hope for future negotiations, and Iranian Foreign Minister Abbas Araghchi said he was open to further dialogue while emphasizing that Tehran had no interest in negotiating with the U.S. while Israel continued attacking. 'Iran is ready to consider diplomacy if aggression ceases and the aggressor is held accountable for its committed crimes,' he told reporters. No date was set for the next round of talks. Israeli Prime Minister Benjamin Netanyahu said Israel's military operation in Iran would continue 'for as long as it takes' to eliminate what he called the existential threat of Iran's nuclear program and arsenal of ballistic missiles. Israel's top general echoed the warning, saying the Israeli military was ready 'for a prolonged campaign.' But Netanyahu's goal could be out of reach without U.S. help. Iran's underground Fordo uranium enrichment facility is considered to be out of reach to all but America's 'bunker-buster' bombs. Trump said he would put off deciding whether to join Israel's air campaign against Iran for up to two weeks. The war between Israel and Iran erupted June 13, with Israeli airstrikes targeting nuclear and military sites, top generals and nuclear scientists. At least 657 people, including 263 civilians, have been killed in Iran and more than 2,000 wounded, according to a Washington-based Iranian human rights group. Iran has retaliated by firing 450 missiles and 1,000 drones at Israel, according to Israeli army estimates. Most have been shot down by Israel's multitiered air defenses, but at least 24 people in Israel have been killed and hundreds wounded. Worries rise over the perils of attacking Iran's nuclear reactors Addressing an emergency meeting of the U.N. Security Council, the head of the International Atomic Energy Agency warned against attacks on Iran's nuclear reactors, particularly its only commercial nuclear power plant in the southern city of Bushehr. 'I want to make it absolutely and completely clear: In case of an attack on the Bushehr nuclear power plant, a direct hit would result in a very high release of radioactivity to the environment,' said Rafael Grossi, chief of the U.N. nuclear watchdog. 'This is the nuclear site in Iran where the consequences could be most serious.' Israel has not targeted Iran's nuclear reactors, instead focusing its strikes on the main uranium enrichment facility at Natanz, centrifuge workshops near Tehran, laboratories in Isfahan and the country's Arak heavy water reactor southwest of the capital. Grossi has warned repeatedly that such sites should not be military targets. After initially reporting no visible damage from Israel's Thursday strikes on the Arak heavy water reactor, the IAEA on Friday said it had assessed 'key buildings at the facility were damaged,' including the distillation unit. The reactor was not operational and contained no nuclear material, so the damage posed no risk of contamination, the watchdog said. Iran previously agreed to limit its uranium enrichment and allow international inspectors access to its nuclear sites under a 2015 deal with the U.S., France, China, Russia, Britain and Germany in exchange for sanctions relief. But after Trump pulled the U.S. unilaterally out of the deal during his first term, Iran began enriching uranium up to 60% — a short, technical step away from weapons-grade levels of 90% — and restricting access to its nuclear facilities. Iran has long maintained its nuclear program is for peaceful purposes, but it is the only non-nuclear-weapon state to enrich uranium up to 60%. Israel is widely believed to be the only Middle Eastern country with a nuclear weapons program but has never acknowledged it. Israel says 'difficult days' ahead Israel said its warplanes hit dozens of military targets across Iran on Friday, including missile-manufacturing facilities, while an Iranian missile hit Israel's northern city of Haifa, sending plumes of smoke billowing over the Mediterranean port and wounding at least 31 people. Iranian state media reported explosions from Israeli strikes in an industrial area of Rasht, along the coast of the Caspian Sea. Israel's military had warned Iranians to evacuate the area around Rasht's Industrial City, southwest of the city's downtown. But with Iran's internet shut off — now for more than 48 hours — it's unclear how many people could see the message. The Israeli military believes it has destroyed most of Iran's ballistic missile launchers, contributing to the steady decline in Iranian attacks. But several of the roughly three dozen missiles that Israel said Iran fired on Friday slipped through the country's aerial defense system, setting off air-raid sirens across the country and sending shrapnel flying into a residential area in the southern city of Beersheba, a frequent target of Iranian missiles where a hospital was hit Thursday.
24 minutes ago
How Senate Republicans want to change the tax breaks in Trump's big bill
WASHINGTON -- House and Senate Republicans are taking slightly different approaches when it comes to the tax cuts that lawmakers are looking to include in their massive tax and spending cuts bill. Republicans in the two chambers don't agree on the size of a deduction for state and local taxes. And they are at odds on such things as allowing people to use their health savings accounts to help pay for their gym membership, or whether electric vehicle and hybrid owners should have to pay an annual fee. The House passed its version shortly before Memorial Day. Now the Senate is looking to pass its version. While the two bills are similar on the major tax provisions, how they work out their differences in the coming weeks will determine how quickly they can get a final product over the finish line. President Donald Trump is pushing to have the legislation on his desk by July 4th. Here's a look at some of the key differences between the two bills: The child tax credit currently stands at $2,000 per child. The House bill temporarily boosts the child tax credit to $2,500 for the 2025 through 2028 tax years, roughly the length of President Donald Trump's second term. It also indexes the credit amount for inflation beginning in 2027. The Senate bill provides a smaller, initial bump-up to $2,200, but the bump is permanent, with the credit amount indexed for inflation beginning next year. Trump promised on the campaign trail that he would seek to end income taxes on tips, overtime and Social Security benefits. Also, he would give car buyers a new tax break by allowing them to deduct the interest paid on auto loans. The House and Senate bills incorporate those promises with temporary deductions lasting from the 2025 through 2028 tax years, but with some differences. The House bill creates a deduction on tips for those working in jobs that have customarily received tips. The House also provides for a deduction for overtime that's equal to the amount of OT a worker has earned. The Senate bill comes with more restrictions. The deduction for tips is limited to $25,000 per taxpayer and the deduction for overtime is limited to $12,500 per taxpayer. The House and Senate bills both provide a deduction of up to $10,000 for interest paid on loans for vehicles made in the United States. And on Social Security, the bills don't directly touch the program. Instead, they grant a larger tax deduction for Americans age 65 and older. The House sets the deduction at $4,000. The Senate sets it at $6,000. Both chambers include income limits over which the new deductions begin to phase out. The caps on state and local tax deductions, known in Washington as the SALT cap, now stand at $10,000. The House bill, in a bid to win over Republicans from New York, California and New Jersey, lifts the cap to $40,000 per household with incomes of less than $500,000. The credit phases down for households earning more than $500,000. The Senate bill keeps the cap at $10,000. That's a non-starter in the House, but Republicans in the two chambers will look to negotiate a final number over the coming weeks that both sides can accept. The House bill prohibits states from establishing new provider taxes or increasing existing taxes. These are taxes that Medicaid providers, such as hospitals, pay to help states finance their share of Medicaid costs. In turn, the taxes allow states to receive increased federal matching funds while generally holding providers harmless through higher reimbursements that offset the taxes paid. Such taxes now are effectively capped at 6%. The Senate looks to gradually lower that threshold for states that have expanded their Medicaid populations under the Affordable Care Act, or 'Obamacare,' until it reaches 3.5% in 2031, with exceptions for nursing homes and intermediate care facilities. Industry groups have warned that limiting the ability of states to tax providers may lead to some states making significant cuts to their Medicaid programs as they make up for the lost revenue in other ways. The Medicaid provision could be a flashpoint in the coming House and Senate negotiations. Sen. Josh Hawley, R-Mo., was highly critical of the proposed Senate changes. 'This needs a lot of work. It's really concerning and I'm really surprised by it,' he said. 'Rural hospitals are going to be in bad shape.' The House bill would allow companies for five years to fully deduct equipment purchases and domestic research and development expenses. The Senate bill includes no sunset, making the tax breaks permanent, which was a key priority of powerful trade groups such as the U.S. Chamber of Commerce. Republicans in both chambers are looking to scale back the clean energy tax credits enacted through then-President Joe Biden's climate law. It aimed to boost the nation's transition away from planet-warming greenhouse gas emissions toward renewable energy such as wind and solar power. Under the Senate bill, the tax credits for clean energy and home energy efficiency would still be phased out, but less quickly than under the House bill. Still, advocacy groups fear that the final measure will threaten hundreds of thousands of jobs and drive up household energy costs. The House bill would allow millions of Americans to use their health savings accounts to pay for gym memberships, with a cap of $500 for single taxpayers and $1,000 for joint filers. The Senate bill doesn't include such a provision. The House reinstates a charitable deduction for non-itemizers of $150 per taxpayer. The Senate bill increases that deduction for donations to $1,000 per taxpayer. Republicans in the House bill included a new annual fee of $250 for EV owners and $100 for hybrid owners that would be collected by state motor vehicle departments. The Senate bill excludes the proposed fees.
