Daily Business Report: Monday, July 14 2025
DC Explained: San Diego’s (Many) Losers, Winners from Washington’s New Tax and Spending Bill
By Alan Berube | Voice of San Diego
Last week, the U.S. Congress wrapped up a process it started way back in January to pass H.R. 1, a massive tax and spending bill, sending it to President Donald Trump’s desk for his signature on July 4.
The 870-page law, known to supporters as “The One, Big, Beautiful Bill Act” and detractors as “The Big Ugly Bill,” will have far-reaching impacts across San Diego’s economy, institutions, and communities.
The region will feel those impacts largely over the objections of its local Congressional delegation. The bill passed both chambers of Congress with no Democrats voting in favor, including California’s two senators and four of San Diego County’s five representatives (Republican Rep. Darrell Issa supported the bill). That sort of stark partisan divide would doom most legislation in the Senate, where 60 votes are required to overcome a filibuster, but this “budget reconciliation” bill proceeded under special rules that required only a 51-vote majority.
Charter schools need reform. This proposal could kneecap them
By Dan Walters| CalMatters
The California Legislature deals with thousands of bills every year, and many are perennials that reflect long-running economic, ethnic and cultural conflicts.
Warring interests try to gain the upper hand vis-à-vis their rivals. Regardless of the outcomes in any one legislative session, inevitably they clash again while augmenting their lobbying with efforts to bend public opinion and influence legislative elections.
Examples of the syndrome abound. There’s the perpetual jousting between personal injury attorneys and insurers over rules governing lawsuits, efforts by medical care providers to expand the scope of their practices while invading the turf of other practitioners, and the running battle between tribal casinos and cardrooms over gambling games.
The Roots of Leftist Rage
By Victor Davis Hanson| The Blade of Perseus
Across the political left, from orthodox Democrats to Antifa in the streets, the opposition to Trump has lost its collective mind.
The House minority leader and now self-styled tough guy, Rep. Hakeem Jeffries, poses with a baseball bat to show how dangerous he is in opposing Trump’s budget bill.
Jeffries harangued Congress for eight hours; Sen. Cory Booker went on for 25—both to no effect.
Bernie Sanders and AOC hit the rally trail in private jets to rail about oligarchs, omitting that the ultra-rich are not only mostly leftists but also the funders of the Democratic Party.
