While cutting solar and wind, Senate GOP plans rewards for oil drillers

Senate Republicans have added tax breaks and other subsidies for oil drillers to the GOP tax bill making its way through Congress, including a provision that would reward companies for using an emerging greenhouse-gas-fighting technology — capturing carbon from the atmosphere — to boost production of oil by billions of barrels a year.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Politico

17 minutes ago

• Politico

Bush 43 alum joins ‘shadow' RNC

With Daniel Lippman FIRST IN PI: Marc Racicot, the former Montana governor and RNC chair, is joining Our Republican Legacy as chair, lending his voice to the organization as it expands efforts to grow grassroots support for the pre-MAGA era of the GOP ahead of the midterms next year and presidential election in 2028. — Racicot joins former Sens. John Danforth and William Cohen, two founding chairs of the nonprofit that bills itself as the inheritor of true Republican Party values. Former Reps. Charlie Dent and Barbara Comstock are also being elevated to chairs as the organization seeks to grow its foothold in all 50 states. — 'There are a lot of good people that can come back into the fold, we just have to have the time and the messaging to work with them and show them what's going on,' Racicot told PI. — Racicot, who left public service after successfully managing President George W. Bush's 2004 reelection campaign, went on to spend four years as the president of the American Insurance Association (now known as the American Property Casualty Insurance Association). — 'We're building a 50-state national committee, basically a shadow version of the party,' Our Republican Legacy senior adviser Chris Vance told PI, while emphasizing that the organization is not a PAC and will not be endorsing specific candidates or making donations. — 'Maybe we, at some point, will form a PAC,' Vance said. 'But right now we are an advocacy group, like the NRA is an advocacy group, the Sierra Club, all these different organizations. They can't say the magic words — elect, donate, that sort of thing — but they still have a very big political impact by fighting for their ideas.' Happy first Friday of Summer and welcome to PI. This is Daniel (no, not that one) and I'm your guest host today. Send tips and recommendations on how to beat the heat this weekend to dbarnes@ or ping me on Signal. And follow me on X: @dnlbrns. Caitlin will be back on Monday. You can always reach her on Signal, email her at coprysko@ and follow her on X: @caitlinoprysko. BURR LOBBYING FOR BIOTECH: Former Sen. Richard Burr (R-N.C.) will represent the Biotechnology Innovation Organization on issues related to drug pricing and supply chains, Medicare and Medicaid and reauthorization of the Pandemic and All-Hazards Preparedness Act, POLITICO's Amanda Chu reports. Burr is currently health policy chair at DLA Piper. FRIENDS IN HIGH PLACES: Gaurav Srivastava, the Indian American businessperson who last year had major donations to Democrats frozen or returned after allegations he had posed as a spy for the CIA, now appears to be trying to curry favor with top Republicans, Daniel L. reports. — Srivastava on Thursday posted a photo he recently took with Vice President JD Vance, adding in a caption, 'Pleasure seeing Vice President @JDVance during last week's event in #WashingtonDC as we work towards strengthening America's future!' — The photo was taken at the performance of 'Les Misérables' at the Kennedy Center that President Donald Trump and Vance attended along with a slew of other senior administration and Republican figures. — 'Thousands of people were at the Kennedy Center that evening, and the Vice President took photos with many of them,' a spokesperson for Vance said in a statement to PI. A spokesperson for Srivastava did not provide a comment. Srivastava has disputed the 'fake spy' allegations in the past. — Earlier this year, Srivastava also had lunch with Hunter Biden, according to photos the Daily Mail snapped. — In 2023, the FBI reportedly began investigating Srivastava and where he got his money. Srivastava has been engaged in a long-running battle with Dutch oil trader Niels Troost after their business relationship went sour. An FBI spokesperson declined to comment on the status of the investigation. FOUL-MOUTH FAIN: 'In a scathing report from a court-appointed union watchdog, UAW President Shawn Fain is depicted as a foul-mouthed, hotheaded leader,' Liam Rappleye reports in the Detroit Free Press. — The 93-page report makes several references to 'a moment where Fain told hundreds of UAW members at a large staff meeting that he would 'slit' or 'cut' their throats if they messed with his closest aides.' — 'In another anecdote — which Fain admitted to be true — the UAW president confronted a print shop employee and launched into a 'tirade' upon hearing that [UAW Secretary-Treasurer Margaret Mock] wanted a photo of herself to appear alongside Fain on a pamphlet outlining details of an ongoing bargaining campaign.' — 'Fain reportedly confronted the Head of the Print Shop in a tirade, demanding, among other things, that she tell him, 'Who told you to put [Mock's] motherf------ photo on there? This is my motherf------ membership.'' SPOTTED at the Rainey Center's 'Tea Party Revival: Don't Tax the Light' at Butterworth's on Wednesday night: Citizen Solutions Inc.'s Tomer Kagan, National Nuclear Security Administration's Charles Moran, RNC's CJ Pearson, Log Cabin Republicans' Ed Williams, Andre Soriano, TSG Advocates' Chase Kroll, Rainey Center's Sarah Hunt, Chet Love and Connor Sandagata, Foundation for American Innovation's Zach Graves, Latinos for America First's Bianca Gracia, HHS' Gregory Angelo, Fox News' Ryan Schmelz, Treasury's Shane Shannon and Dean Ball of the White House Office of Science and Technology Policy. Jobs report — The Modular Building Institute has added Alex Carmack as government affairs director, Andrew Muchnick as government affairs manager and Chastity Meade as communications manager. Carmack joins from the United Network for Organ Sharing where he worked as a policy analyst. Muchnick was previously a senior director in Bullpen Strategy Group's media intelligence practice. Meade was a community manager and social media manager for the MIT Sloan CIO Symposium. — Mike Spratt has joined the Investment Company Institute as an associate general counsel from the SEC where he previously was assistant director in the division of investment management disclosure review. — The American Land Title Association has promoted three members of their government relations staff. Elizabeth Blosser has been appointed chief strategy, communications and innovation officer. She was previously vice president of government affairs overseeing state advocacy. Emily Tryon has been promoted to chief advocacy officer. She was previously vice president of government affairs managing federal advocacy. Kevin Cameron takes on a new title as vice president, head of federal government affairs. He was previously senior director of federal government affairs. — Gregory Cox is the new executive director of the office of government relations at Texas Christian University. He was most recently an attorney in private practice and is a Greg Abbott alum. — Brett Tolman is the new chair for law and justice at America First Policy Institute. He previously served as chair of AFPI's weaponization of government initiative. — CropLife America has added Tonya Parish as senior manager of communications and government relations. Parish was previously communications manager for the Alliance for Automotive Innovation. She is joined at CropLife by Jay Ivey, new manager of government relations. He was previously state outreach and public affairs coordinator at the U.S. Department of Agriculture. New Joint Fundraisers Blue Dog Victory Fund (Cooke for Congress, Rep. Jared Golden, Rep. Marie Gluesenkamp, Rep. Vicente Gonzalez, Rep. Lou Correa, Rep. Adam Gray, Rep. Sanford Bishop, Rep. Jim Costa, Rep. Henry Cuellar, Rep. Josh Gottheimer, Rep. Mike Thompson) New PACs American Fidelity PAC (Super PAC) BDA PAC (Hybrid PAC) Founding Father's Vision PAC (Hybrid PAC) DraftKings Inc. Political Action Committee DBA DraftKings PAC (PAC) Fire Fetterman (Super PAC) Archer Aviation Inc. Political Action Committee (AKA Archer PAC) (PAC) MAGA KY (Super PAC) Lunatic Fringe Political Action Committee (PAC) New Lobbying REGISTRATIONS Axadvocacy Government Relations: 503 Capital Partners Ballard Partners: Transportation Management Services Boundary Stone Partners: Mantel Capture, Inc Boundary Stone Partners: National Carbon Technologies, LLC Brightspring Health Services: Brightspring Health Services Continental Strategy, LLC: Cm Consortium LLC Covenant Government Affairs, LLC: Auto-Mark, Inc. Dba Sea Foam Sales Company Covenant Government Affairs, LLC: Royal Engineering And Consulting, LLC. Cruce Capitol Consulting LLC: American Sugar Cane League Of The USa, Inc. Dga Group Government Relations LLC: Kyowa Kirin Inc, USa DLA Piper LLP (US): Biotechnology Innovation Organization Ervin Graves Strategy Group, LLC: Hereford Ethanol Partners, L.P. Hogan Lovells US LLP: Artanis Capital, LLC J.A. Green And Company (Formerly LLC): Aimpoint US J.A. Green And Company (Formerly LLC): American Center For Manufacturing & Innovation Federal General LLC Javelin Advisors LLC: Fred Daibes Lilette Advisors: Rf Catalytic Capital Lilette Advisors: Vale USa LLC Mercury Public Affairs, LLC: Sentinelone Inc. Michael Best Strategies LLC: Charter Casting Michael Best Strategies LLC: Dairyland Power Cooperative Michael Best Strategies LLC: Kohlberg Kravis Roberts & Co. L.P. (Kkr) Michael Best Strategies LLC: Maxar Intelligence Michael Best Strategies LLC: Tricolor Holdings Nelson Mullins Riley & Scarborough: United Opticians Association Park Strategies, LLC: Global Dairy Distributors LLC Steptoe LLP: Lake Charles Methanol Ii, LLC The Mckeon Group, Inc.: Momentum Solutions The Mckeon Group, Inc.: Sunation Energy The Mckeon Group, Inc.: Umo & National Association Of Ukrainian Defense Industries (Naudi) The Vogel Group: Allentown, Inc The Vogel Group: Auto Approve The Vogel Group: Canadian National Railway The Vogel Group: Contingency Capital The Vogel Group: Graftech International Ltd. The Vogel Group: William Tierney Venn Strategies: Ohio Coating Company New Lobbying Terminations Accelerate Strategies: Sports And Fitness Industry Association Cgcn Group, LLC: National Oilseed Processors Association Ess Tech, Inc.: Ess Tech, Inc. Forbes-Tate: Crestview Strategies Obo Teknion Forbes-Tate: Ginkgo Bioworks Forbes-Tate: Lykos Therapeutics Lot Sixteen LLC: North Star Manganese, Inc. Ms. Virginia Ainslie: American Geophysical Union

Fox News

32 minutes ago

• Fox News

Several provisions fail to pass muster with Senate rules in 'big, beautiful bill'

Several provisions in the Senate GOP's version of President Donald Trump's "big, beautiful bill" have run afoul of Senate rules and must be stripped if Republicans want to pass the package without the help of Democrats. The bill is undergoing what's called a "Byrd Bath," when the parliamentarian meticulously combs through each section of the mammoth bill to determine whether policies comport with the Senate's Byrd Rule. The point of the budget reconciliation process is to skirt the Senate filibuster and pass a massive, partisan legislative package. But if provisions are left in that fail the test, Senate Republicans will have to meet the typical 60-vote threshold. Provisions that don't pass muster can still be appealed, however. Senate Democrats vowed to use the Byrd Bath as a cudgel against the Senate GOP to inflict as much pain as possible and slow momentum as Republicans rush to put the colossal bill on Trump's desk by July 4. Senate Majority Leader John Thune, R-S.D., could also overrule the parliamentarian but has remained adamant he would not attempt such a move. Senate Parliamentarian Elizabeth MacDonough scrutinized three chunks of the megabill from the Senate Banking, Environment and Public Works and Armed Services committees and found numerous policies that failed to meet the Byrd Rule's requirements. Among those was a provision that would have eliminated funding for a target of the GOP's since its inception in 2008, the Consumer Financial Protection Bureau, which would have effectively eliminated the agency. Doing so also would have slashed $6.4 billion in spending. Senate Banking Committee Chair Tim Scott, R-S.C., said in a statement he would "remain committed to cutting wasteful spending at the CFPB and will continue working with the Senate parliamentarian on the Committee's provisions." Attempts to put guardrails on the $150 billion in Defense Department funding baked into the package also failed to pass muster. The language would have required that Pentagon officials outline how the money would be spent by a certain deadline or see the funding reduced. Other provisions on the chopping block include language that cut $300 million from the Financial Research Fund and cut jobs and move the Public Company Accounting Oversight Board under the umbrella of the Securities and Exchange Commission, which would have saved roughly $773 million. An attempt to change the pay schedule for Federal Reserve employees was also nixed, which would have saved about $1.4 billion. Environmental standards and regulations set by the Biden-era Inflation Reduction Act were also determined to have run afoul of the Byrd Rule, including a repeal of tailpipe emissions standards for vehicles with a model year of 2027 and later.

Yahoo

36 minutes ago

• Yahoo

Comtech Rejoins iCERT, Deepening Commitment to Public Safety Innovation

Renewed Membership Reinforces Public Safety Commitment and Expands Advocacy Platform CHANDLER, Ariz., June 20, 2025--(BUSINESS WIRE)--Jun. 20, 2025-- Comtech Telecommunications Corp. (NASDAQ: CMTL) ("Comtech" or the "Company"), a global communications technology leader, today announced that its Terrestrial & Wireless Networks ("T&W") business segment has rejoined the Industry Council for Emergency Response Technologies, Inc. ("iCERT"). Founded in 2005, iCERT is a commercial sector trade association that brings together leading technology companies to drive innovation, shape effective policy, and promote open standards that improve public safety and emergency response. This return to iCERT is part of a series of strategic moves by the T&W business segment, including the launch of Allerium Mira - a cloud-native call handling platform designed to simplify complexity and support evolving 9-1-1 needs. Together, these efforts reflect a renewed commitment to public safety and essential service providers, backed by the same trusted team, proven solutions, and industry-wide support. "We're excited to collaborate with iCERT as it expands its focus on key issues and innovations in emergency communications," said Susan Ornstein, Senior Director of Legal & Regulatory Affairs of Comtech T&W, who joined the association's board of directors earlier this month. "Under its new leadership, iCERT is amplifying the voice of its members on public policy issues and engaging partner associations like NASNA, NENA, and APCO to advance shared priorities across the public safety community. Together with iCERT, Comtech is well positioned to address pressing public safety and regulatory matters, and advocate for federal funding, legislation, and FCC policy updates." "Few organizations have meant as much to me throughout my career as iCERT," said Jeff Robertson, President of Comtech T&W. "Twenty years ago, I worked alongside two industry visionaries to establish this organization with the shared goal of fostering collaboration between the public and private sectors. I was privileged to serve as iCERT's inaugural executive director and have remained a strong advocate of its mission throughout my career. Seeing our company rejoin the iCERT community is especially meaningful. Comtech is committed to delivering results that help communities become safer, more connected, and resilient, and iCERT is a vital partner in advancing that work." "iCERT stands committed to propelling public safety forward, facilitating collaboration among its member base and industry stakeholders, and creating an environment that fosters innovation and progress," said Don Brittingham, Interim Executive Director of iCERT. "Members like Comtech play a vital role in strengthening the organization's depth and breadth of experience across the full public safety call flow. I am excited to welcome Jeff Robertson and his team back to iCERT and look forward to empowering public safety together." About Comtech Comtech Telecommunications Corp. is a leading provider of satellite and space communications technologies; terrestrial and wireless network solutions; Next Generation 9-1-1 (NG9-1-1) and emergency services; and cloud native capabilities to commercial and government customers around the world. Through its culture of innovation and employee empowerment, Comtech leverages its global presence and decades of technology leadership and experience to create some of the world's most innovative solutions for mission-critical communications. For more information, please visit About iCERT iCERT—The Industry Council for Emergency Response Technologies—is the only industry trade association focused exclusively on emergency response technologies and related equipment, systems, and services. iCERT is dedicated to improving public safety through innovation. For more information, please visit Forward-Looking Statements Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results and performance could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings. View source version on Contacts Investor Relations Maria Ceriello631-962-7102investors@ Media Contact Jamie