In It to Win It
In It to Win It's JournalElon Musk's fortune has soared to $600B+ on new valuation for SpaceX
Elon Musk's fortune has soared to 0B+ on new valuation for SpaceX
— Steven T. Dennis (@steventdennis.bsky.social) 2025-12-15T22:09:58.442Z
www.bloomberg.com/news/article...
How the Supreme Court Warps This "Bedrock Principle" of Election Law to Help Republicans Win - Balls and Strikes
Balls and StrikesEven more alarming is that other Republican-controlled states have been expanding on the same playbook that Texas just used to sneak in its illegal map. And under the Roberts Courts application of whats become known as the Purcell principle, Republican states can deliberately time redistricting to dodge meaningful judicial review, knowing that the Courts commitment to GOP-friendly elections will beat out the Courts concern for consistency with its own precedent and logic.
In the spring, facing declining poll numbers and broad backlash to his signature policies, President Donald Trump started pushing lawmakers in red states to redraw their maps, hoping to increase Republicans odds of holding the House in the 2026 midterm elections. In Texas, this effort resulted in a proposal to flip up to five Democratic seats in a congressional delegation that Republicans already control 25-13, which would give the GOP 79 percent of the states representatives despite winning only 58 percent of votes statewide in 2024.
Minority voters and advocacy groups filed suit, and a three-judge panel of federal judges determined in November that the map constituted an illegal racial gerrymander and blocked its use for the 2026 midterms. Weeks later, though, the Supreme Court stayed the decision in Abbott v. League of United Latin American Citizens. Although the majority did not explain its reasoning, Justice Samuel Alito wrote a concurrence claiming that the lower court had failed to honor the presumption of legislative good faith, and improperly inserted itself into an active primary campaign, causing much confusion and upsetting the delicate federal-state balance in elections.
The Supreme Court's Purcell "principle" is an intentionally flexible standard that allows the justices to do what it takes to help Republican candidates win elections
— Jay Willis (@jaywillis.net) 2025-12-15T17:45:27.552Z
How SCOTUS Is About to Give Trump Total Control Over Government - Strict Scrutiny Podcast
Leah, Kate, and Melissa recap the oral argument in Trump v. Slaughter, a case that could nuke the administrative state as we know it by giving Trump broad leeway to fire heads of independent agencies. They also cover the other arguments in cases involving campaign finance and the death penalty, and various and sundry bits of legal news including the antics of Judge Emil Bove and Trumps ongoing game of U.S. attorney musical chairs.
Ukraine offers to drop Nato membership demands
FT - Gift LinkUS President Donald Trumps special envoy Steve Witkoff and son-in-law Jared Kushner have pushed Ukraine to accept painful concessions, including ceding frontline territory to Russia, ahead of talks with Zelenskyy and Ukraines European allies on the White House plan to end Russias invasion.
Ukraine has admitted that it was unlikely to join Nato in the foreseeable future due to strong opposition from Russia, which has long demanded that the transatlantic alliance pledge to halt its eastward expansion as a condition for ending the war.
But Zelenskyy told reporters on Sunday that Ukraine still requires security guarantees from the US and Europe, similar to Natos Article 5 clause of mutual protection for any member under attack.
Ukraine offers to drop Nato membership demands on.ft.com/48Ak1H4
— Financial Times (@financialtimes.com) 2025-12-14T11:22:47.615547Z
Ukraine would join EU next year under draft peace plan
EU accession by January 1 2027 is specified in the latest draft of a peace proposal that Ukrainian and European officials have presented to Washington, people briefed on the documents contents told the Financial Times.
The plan is a revised version of proposals the Trump administration has made to end the war, a plan that Kyiv and its European allies had seen as tilted towards Russia.
The latest version comes as Donald Trump steps up pressure on Ukraines President Volodymyr Zelenskyy to agree a peace deal by Christmas.
Officials supportive of Ukraines EU ambitions said the European Commission now understands it should not derail the peace process by opposing the rapid timeline for Kyivs membership.
https://www.europesays.com/2629223/
Big Businesses Are Cashing In on Trump's Tax Cuts
NYT - Gift LinkMany of Americas largest companies have not had to wait. In the months since the laws passage in July, corporations like Walmart, Amazon, Verizon and Eli Lilly have all disclosed in securities filings that the law would reduce their cash tax payments in the near term. AT&T Inc. projected that it would save as much as $2 billion in taxes just this year.
Those corporate tax savings have already started to have an effect on the federal budget. Between July and November, the last full month of data, revenue from the corporate income tax has dropped by roughly a third, or $52 billion, compared to the same period the year before, according to Treasury data.
Driving the cash savings is not a change in the corporate tax rate, which Republicans kept at 21 percent. Instead, a constellation of tax breaks has given companies a better ability to reduce the amount of income subject to tax. Rather than writing off the costs of new investments and research projects bit by bit over several years, companies are now able to deduct the full cost of these expenses in one year.
A tale of two New York Times headlines from August 24, 2024 and December 12, 2025.
— Larry Glickman (@larryglickman.bsky.social) 2025-12-12T17:23:59.738Z
The Trump administration plans to issue a $1 coin with President Donald Trump's likeness on it next year
https://www.cnn.com/2025/12/12/business/trump-changes-coins-policy
The next signs of the nations political divide might be jingling in your pocket next year.
The administration plans to issue a $1 coin with President Donald Trumps likeness on it next year, despite a century-old precedent of not honoring sitting, or even living former, presidents on coins.
Instead of quarters honoring the abolition of slavery, granting women the right to vote and the Civil Rights movement, the Treasury will instead issue historical quarters featuring white men from the 18th and 19th centuries who were already well represented on currency and in historical tributes.
The new coins, coming after the administration stopped issuing new pennies earlier this year, underscore Trumps drive to put his own stamp on the presidency far beyond the confines of the White House whether its by putting his own face and name on US institutions or by pulling back on diversity efforts to reframe the story of America itself.
The US Mint on Thursday released the final coin designs for historical quarters celebrating the countrys 250th birthday next year. Rather than the fight against slavery or giving women the vote, the designs primarily honored a more homogeneous view of US history: George Washington for the Revolutionary War, Thomas Jefferson and the Declaration of Independence, James Madison and the Constitution, Abraham Lincoln and the Gettysburg Address, as well as pilgrims to celebrate the Mayflower Compact.
BREAKING: D.C. Circuit's Trump appointees again block Judge Boasberg's contempt inquiry.
BREAKING: D.C. Circuit's Trump appointees again block Judge Boasberg's contempt inquiry.
— Chris Geidner (@chrisgeidner.bsky.social) 2025-12-13T01:07:39.485Z
DOJ keeps going to the D.C. Circuit, where Trump appointees on the court have repeatedly stopped the district court's effort to hold the Trump admin accountable.
New, at Law Dork:
JUST IN: Judge Boasberg won't back off his planned contempt hearings next week
JUST IN: Judge Boasberg wonât back off his planned contempt hearings next week and says the crime-fraud exception would overcome potential privileges. storage.courtlistener.com/recap/gov.us...
— Kyle Cheney (@kyledcheney.bsky.social) 2025-12-12T19:22:59.165Z
Hawleys launch dark money group to revive anti-abortion politics
Why it matters: After Roe v. Wade was overturned in 2022, the Republican establishment quietly moved on from abortion politics. The Hawleys want to revive the issue.
"We think that there needs to be a voice, strong voice, advocating for life, and not just in the narrow political sense," Sen. Hawley said in a phone interview, "but also advocating culturally."
Driving the news: The Hawleys, who started dating when they were Supreme Court clerks, are launching the Love Life Initiative this week.
https://www.axios.com/2025/12/12/hawley-abortion-ballot-measures
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