First Thing: Soaring oil profits from US-Iran conflict drive calls for windfall tax
Summary
President Donald Trump criticized oil companies for making high profits from the conflict involving Iran, while his policies have helped the fossil fuel industry grow. He also signed new orders aiming to limit birthright citizenship, despite a recent Supreme Court ruling that blocked his earlier attempt.Key Facts
- Americans have spent over $78 billion more on fuel since the Iran conflict began.
- Studies show Trump’s policies increased fuel costs by about $285 per American family.
- Trump has reduced rules on fossil fuel production and protected oil companies from climate lawsuits.
- Some lawmakers propose taxing oil companies’ extra profits and giving money to families paying more at the pump.
- Trump signed two new orders to restrict automatic citizenship for children born in the US to non-citizen parents.
- The Supreme Court ruled Trump’s first citizenship order broke the 14th Amendment, which guarantees birthright citizenship.
- Law enforcement gave false information to courts in a case against a journalist protesting an ICE official who is also a pastor.
- The US now tracks nearly 54,000 immigrants using ankle monitors, up from 17,000 the previous year.
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