Is Elon's Empire Crumbling?

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Nebraska congressman Flood gets an earful over Trump's tax cut law in raucous town hall

THOMAS BEAUMONT
August 05, 2025

LINCOLN, Neb. (AP) -- Rep. Mike Flood has gotten an earful during a public meeting in Lincoln aimed at discussing his support for the massive tax breaks and spending cuts bill that passed Congress and was signed into law by President Donald Trump.

Flood, a second-term Republican who represents the GOP-leaning district that includes the University of Nebraska, on Monday braved the ire of a college town audience dominated by hundreds of people intent on expressing their displeasure chiefly with cuts to Medicaid benefits and tax reductions tilted toward the wealthy.

Flood described the law as less than perfect but stood firm on its Medicaid and tax provisions, fueling a 90-minute barrage of jeers and chants in a scenario House Republican leaders have specifically advised GOP members to avoid.

"More than anything I truly believe this bill protects Medicaid for the future," Flood said, setting off a shower of boos from the audience of roughly 700 in the University of Nebraska's Kimball Recital Hall. "We protected Medicaid."

How voters receive the law, passed with no Democratic support in the narrowly GOP-controlled House and Senate, could go a long way to determine whether Republicans keep power in next year's midterm elections.

Flood was resolute on his position but engaged with the audience at times. During his repeated discussions of Medicaid, he asked if people in the audience thought able-bodied Americans should be required to work. When many shouted their opposition, Flood replied, "I don't think a majority of Nebraskans agree with that."

Dozens formed a line to the microphone to engage Flood, most asking pointed questions about the law but many others questioning moves by the Trump administration on immigration enforcement, education spending and layoffs within the federal bureaucracy.

During Flood's discussion of his support of the law's tax provisions, which he argued would benefit the middle class, the audience exploded in a deafening chant of "Tax the rich."

Republican lawmakers' town halls have been few and far between since the bill passed early last month, in part because their leaders have advised them against it. Trump and others say the law will give the economy a jolt, but Democrats feel they've connected with criticism of many of its provisions, especially its cuts to Medicaid and tax cuts tilted toward the wealthy.

Continue Reading...

Popular

Air Canada could shut down completely unless the airline and its flight attendants reach a deal

TORONTO (AP) — A complete shutdown of is looming if the union representing the fail to reach an agreement by early Saturday.

Paula Deen has abruptly closed the Savannah restaurant that launched her to Food Network fame

SAVANNAH, Ga. (AP) — Former Food Network star Paula Deen announced Friday the abrupt closure of the Savannah restaurant that launched her to fame with its menu of fried chicken, banana pudding and other indulgent Southern dishes.

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the September 1st funding window closes.

New Jersey US Attorney Fired After Being Chosen Over Former Trump Lawyer Alina Habba

The U.S. Attorney for the District of New Jersey, Desiree Leigh Grace, has been dismissed by the Justice Department.

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. 2025 is already shaping up to be another banner year, with Bitcoin recently hitting a new all-time high. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto right now.

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Germany halts exports of military equipment to Israel that could be used in Gaza

BERLIN (AP) — Germany won't authorize any exports of military equipment to Israel that could be used in Gaza “until further notice,” Chancellor Friedrich Merz said Friday, in a strikingly quick response by one of Israel's strongest international backers to a decision by Prime Minister Benjamin Netanyahu's Cabinet .

Celsius Leverages Alani Nu And Zero-Sugar Trends To Capture New Market Share

Celsius's Q2 beat driven by Alani Nu integration and zero-sugar innovation sets the stage for accelerated revenue growth and EBITDA upside.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Twenty Suspected Mossad Spies Arrested in Iran

Iran has reportedly arrested 20 individuals, accusing them of espionage for Israel's intelligence agency, Mossad, and has issued threats of execution.

TMC Targets $23 Billion Sea Floor Wealth As ISA Oversight Looms

TMC releases PFS for NORI-D project, declaring world's first mineral reserves for polymetallic nodules in international waters with $23.6B NPV.

The Surprising New Date That Could Fuel the AI Boom - Ad

Trump's economic blueprint is about to go live, and the deadline is fast-approaching. A new federal plan could legally unlock $100 trillion in U.S. resources... and one $10 stock could lead the charge. Former hedge fund manager Whitney Tilson explains how to act now, before this hits the headlines.

BYD Surpasses Tesla In Fortune Global 500 List Amid Sales Slump For Elon Musk's EV Giant

BYD surpassed Tesla on Fortune Global 500 list, with BYD at #92 and Tesla at #102. BYD's growth in global markets may be a factor.

Will Your Savings Survive the August 31st Debt Ceiling Crisis? - Ad

On Aug 31, the U.S. runs out of "extraordinary measures" to avoid default. Insiders are moving into crisis-proof assets-while everyday Americans risk losing big. The FREE Mar-A-Lago Accord reveals where they're hiding wealth, how the Fed's response could crush the dollar, and 3 urgent moves to make now.

Thousands march against plan to build massive bridge linking Sicily to Italy's mainland

ROME (AP) — Thousands of people marched in the Sicilian city of Messina on Saturday to protest a that would connect the Italian mainland with Sicily in a massive 13.5-billion-euro ($15.5 billion) infrastructure project.

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.

Why AGCO Stock Is Surging After Q2 Results

AGCO reports strong Q2 results, exceeding expectations in a challenging agricultural market. Shares rose as 2025 guidance was raised.

Broadcom Supercharges AI Infrastructure With Next-Gen Chip

Broadcom ships Jericho4 router for distributed AI infrastructure, meeting demands of hyperscalers like Microsoft and Amazon. Stock up 29% YTD.

A New Rule Goes Live in September - and the Banks Are Quietly Cashing In - Ad

This September, Big Banks will treat a new asset like cash-more trusted than stocks, bonds, or even the dollar. Economist Peter Schiff calls it "the only form of money trusted by the banking system." See how to move retirement savings into it tax-free with this free Wealth Protection Guide.

Mexican-American designer apologizes for Adidas sandal design accused of cultural appropriation

MEXICO CITY (AP) — Mexican-American clothing designer Willy Chavarria has apologized for an Adidas sandal he created after being of “cultural appropriation” for imitating an Indigenous shoe design.

Under AMD, Qualcomm Competitive Heat, Intel Gets Hit With Fitch Credit Downgrade

Fitch downgraded Intel's credit rating to BBB with a negative outlook, citing weak demand, fierce competition from AMD and Qualcomm, and ongoing financial and operational challenges despite a recent revenue beat.

Major Investors Bet Big on This "Unlisted" Stock - Ad

When the former Zillow exec whose first venture sold for $120M starts a new company, people notice. No wonder the VCs behind Uber and eBay also backed Pacaso. Their platform sells fractions of premier properties, rewriting a $1.3T market. And it works, earning over $110M in gross profit to date.

Disney's 3Q profit climbs as it sees strength at domestic parks, adds streaming subscribers

Disney's profit and revenue climbed in its fiscal third quarter as the entertainment company continued to add subscribers to its streaming service and see strength at its domestic theme parks.

Nvidia Nears 52-Week High As AI Frenzy, China Chip Export Deal Drive Momentum

Nvidia (NASDAQ: NVDA) reaches 52-week high due to AI demand, agrees to pay US govt for export licenses, launches RTX PRO Servers for enterprise use.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Jensen Huang Once Said, 'There's Hard Work And Then There's Insanely Hard Work' — Now, Elon Musk Calls It 'Hardcore'

Nvidia CEO Jensen Huang's intense daily routine and "insanely hard work" mindset went viral over the weekend, earning a "hardcore" nod from Elon Musk as both billionaires double down on AI innovation at all costs.

BitMine Stock Falls 15.1% After-Hours As Peter Thiel-Backed Company Files Shelf Offering, Might Consider Ethereum Purchase With Proceeds

Shares of Bitmine Immersion Technologies Inc. (AMEX:BMNR) plummeted in Monday's after-market trading after the company filed for a shelf offering to register securities for sale by selling stockholders

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the September 1st funding window closes.

Bolivia's election may spell the end of its long-ruling left. Here's what to know

LA PAZ, Bolivia (AP) — For most of Renan Aliaga’s adult life, a single name dominated the politics of Bolivia: .

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. 2025 is already shaping up to be another banner year, with Bitcoin recently hitting a new all-time high. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto right now.

BWX Technologies Rides US Push For Military And Space Nuclear Power To New Highs

BWX Technologies (BWXT) is experiencing a surge in demand for naval nuclear power and next-generation reactors, with a record backlog of $6 billion and growth potential in defense, energy, and space markets.

$7K worth of Labubu dolls stolen from Los Angeles store, authorities say

LOS ANGELES (AP) — A group of masked thieves stole about $7,000 worth of Labubu dolls from a Los Angeles-area store earlier this week, authorities said.

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Questions emerge about NYC gunman's mental health and his security-sensitive job in Las Vegas

LAS VEGAS (AP) — The man who stormed a Manhattan office tower with a gun, before killing himself, worked in the surveillance department of a Las Vegas casino, part of an industry built on watching for threats before they unfold.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service