Introducing The Antifraud Company (@AntifraudCo) 🧵
We raised over $5M from @AbstractVC, @BrowderCapital & @dunevc to build a private-sector DOGE, where we use AI and investigative journalism to track down those who defraud American taxpayers.
@jasonfitz You could set it up so the teams with better records have to win fewer games to win the draft tournament. It would incentivize everyone to try to be at least 7th best.
@BenjySarlin If they did it correctly they could generate more $ with a tourney making easier to shrink the schedule. More healthy good players in the playoffs ideally, killing 2 birds at the same time.
If NY can find $3 billion in subsidies for Amazon we can surely find $5 billion to buy the Knicks and turn ownership over to the people of NY. That or just seize them. #seizetheknicks https://t.co/T8HbCpxW5k
@JStein_WaPo Good piece. No tax on tips and the other populist stuff is bad policy but really questionable to refer to "populist" things as "giveaways" but R&D and depreciation tax breaks aren't because business lobbies like them? It's all giveaways! @taxjusticewonk https://t.co/ocRtiKgQCL
Does DOGE have a tip line? What if - and hear me out because this is a little complicated - rather than destroying the medicine to stop the spread of AIDS, we give it to people in need?
Is it going to make Guatemala a more or less livable place to take $700 million out of its economy every year? All to give Elon Musk a bigger tax break.
Very good piece by @helen_dempster@charleyward23 & @SamHuckstep showing how costly new remittances tax would be for poor countries. Dwarfs the financial hit from aid cuts for many countries.
If you wanted to design a policy to make life harder in countries where many migrants to the US come from, you might start with this terrible idea: https://t.co/ie8bRE85gQ
JUST IN: Attorneys for Burmese and Vietnamese migrants accuse the Trump administration deporting them to South Sudan in violation of a court order.
https://t.co/azWqcroR8J
🕑PUNCHBOWL NEWS MIDDAY
A lot of RECONCILIATION NEWS.
- CORPORATE SALT looks to be dropping out of the tax package
- SPECTRUM CBO score came in between $80B and $90B
- IRA savings around $400B. Looking about ending transferability and rolling back tax credits.
- HOUSE AG looking to add more farm bill provisions in reconciliation package, such as crop reference prices and export promotions.
https://t.co/GXbOvE5gTe
Buried in this story is a line that @marcorubio plans to terminate funding for the @UNFAO which provides the preeminent measure of GLOBAL FOOD PRICES.
The Trump admin strategy to bring down the price of food is to just defund the organization that measures food prices?
Breaking News: The Trump administration plans to end vaccine funding in developing countries, documents obtained by The New York Times show. Some HIV and TB aid will be kept. https://t.co/pHxzDSckAk
After hearing that some orgs are getting reversal notices of program terminations, some are now getting RECALLS of those reversals.
One organization got a stop work order, then a waiver, then a termination, then a termination reversal, then a note that the reversal was in error.
The report says the destruction of USAID is imperiling the ceasefire in Gaza, threatening a catastrophe reminiscent of the haphazard departure from Afghanistan and wasting tens of millions of $ - https://t.co/btVYPuVO0k
There's a coverup happening in the Trump administration. @John_Hudson & @Reinlwapo scoop that the acting USAID Inspector General is hiding a report showing the devastating consequences of Elon Musk's assault on life-saving humanitarian assistance. Even Congress can't access it.