Parental Rights and Wealth-Building Insights

🏛️ Legislation: The "One Big Beautiful Bill"

• Senate Progress: The bill passed a procedural vote (51–49) with two Republican dissenters (Rand Paul and Tom Tillis).
• Key Provisions:
  • Tax Cuts: Prevents a $4 trillion tax hike by preserving the 2017 Trump tax cuts.
  • No Taxes on:
    • Tips
    • Social Security
    • Overtime pay
  • Border Security: $150 billion allocated for wall construction, Border Patrol, ICE, and surveillance tech.
  • Military Funding: $150 billion to counter China and modernize defense.
  • Spectrum Auction: Mandates sale of federal electromagnetic spectrum to raise revenue and boost 6G development.
  • School Choice: Introduces the most significant federal school choice initiative to date.
  • Investment America Accounts: Creates $1,000 seed investment accounts for every child, with tax-advantaged contributions.

⚖️ Supreme Court Decisions

Three major rulings were discussed, all seen as conservative victories:

1. Universal Injunctions:

   • The Court limited the power of district judges to issue nationwide injunctions.
   • Seen as a check on judicial overreach and a win for the Trump administration.

2. Texas Age Verification Law:

   • Upheld a law requiring age verification for access to pornographic websites.
   • Framed as a child protection measure and a win for parental rights.

3. Parental Rights in Education:

   • Ruled in favor of parents in Montgomery County, MD, allowing them to opt out of LGBTQ+ curriculum for their children.
   • Emphasized religious liberty and parental control over children's education.

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