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Ode To Joy
In a triumphal move back toward democratic rule, Hungary's new leader Péter Magyar took his oath of office Saturday in a "regime-change" ceremony rich with symbolism before tens of thousands of jubilant constituents. The sense of a hopeful new political era resonated in both Magyar's tribute to the achievements of "ordinary, flesh-and-blood people," and in the gleeful moves and air guitar of unstoppable "dancing machine" and new Health Minister Zsolt Hegedűs. Lookit this guy boogie. Damn, we can't wait.
The day's celebration" marked Magya's stunning defeat last month of authoritarian Viktor Orbán after 16 years in power. A 45-year-old lawyer who founded the center-right Tisza party in 2024, Magyar won a two-thirds majority over Orbán’s nationalist Fidesz party, which will allow him to roll back many of Orbán’s policies. Tisza now controls 141 seats in the 199-seat Parliament, with over a quarter held by women; Fidesz won 52 seats, down from 135, and far-right Mi Hazánk (Our Homeland) took six. Magyar has vowed to restore democratic institutions, clamp down on corruption, repair ties with the EU, where Orbán often vetoed key decisions including support for Ukraine, and unlock about $20 billion of EU funds to help jump-start Hungary's struggling economy,
Magya was sworn in at the sprawling Parliament building as thousands of Hungarians gathered outside in Kossuth Square. Marking the sea change his victory represents, the EU flag flew for the first time since Orbán’ removed it in 2014, and the Beethoven-inspired European anthem Ode to Joy, symbolizing peace and solidarity, rang out. "Today, every freedom-loving person in the world would like to be Hungarian a little," Magya told the crowd in a message aimed at healing the deep divisions of Orbán's rule. "You have taught (the) world that the most ordinary, flesh-and-blood people can defeat the most vicious tyranny...Today is the fulfillment of a long journey made together (to) once again be a common homeland for all Hungarians."
As the party went all day and into the night - when Magyar took on DJ duties - the high point of its joy and fervor may have come after Magyar's speech when Zsolt Hegedűs, unable to restrain himself, broke out into dancing as the singer Jalja began performing The Hanging Tree: "Strange things have happened here." Hungary's new 56-year-old Health Minister and an internationally recognised orthopaedic surgeon who spent 10 years working for the UK's NHS, Hegedűs had already gone viral last month when, on stage after Magyar's landslide victory, he busted out some fiery dance moves and air guitar in his excitement. This time, he said he wasn't planning a repeat performance. Then the music started...
"I could see the audience had been waiting for this," he said. "I didn’t want to let down the people.” So off he went, delighting everyone (except, possibly, his kids if he has any) with his slick moves. The next day, he ascribed it all to his "emotional roller-coaster" since Magyar's victory, with his chance to repair Hungary's health care system, take down Orbán's hate-mongering propaganda, urge people to focus on their mental health. "It's not that I'm going to start dancing in Parliament, but I want (to) encourage people to adopt a healthy lifestyle...Go outside, dance, be together," he said. "The weight has begun to lift from people’s shoulders." America, weary, ravaged, hungry for peace, just imagine the miracle of it. And for now enjoy his glee.
- YouTube www.youtube.com
May 10, 2026
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Trump Approval of 'Keystone Light' Pipeline Blasted as Yet Another Gift to Big Oil
"We know that if this project goes through, our land and our water are in danger. Our future is in danger," warned Krystal Two Bulls, one of many community, conservation, and Indigenous group leaders speaking out after President Donald Trump granted a cross-border permit to what critics called "nothing more than an attempt to resurrect the unpopular Keystone XL pipeline."
Trump's permit for the Bridger Pipeline Expansion Project authorizes various "petroleum products, including gasoline, kerosene, diesel, and liquefied petroleum gas," The Associated Press reported Thursday, but Bridger spokesperson Bill Salvin said the company is currently focused on crude oil—550,000 barrels of which could flow daily from Canada, through Montana, to Guernsey, Wyoming, if the pipeline is completed.
"Water protectors are standing up again, like we have always done against all those who threaten Mother Earth," Two Bulls, an Oglala Lakota and Northern Cheyenne organizer from Lame Deer, Montana, and executive director of Honor the Earth, said Friday. "We fought against the Keystone XL pipeline proposed for these very same lands and won back in 2021. We will fight and win again against the Bridger pipeline."
Shortly after entering office in 2021, then-President Joe Biden revoked the presidential permit for Keystone XL—which Trump had signed during his first term—as part of the Democrat's efforts to combat the fossil fuel-driven climate emergency.
While Biden faced criticism from climate advocates for the oil and gas projects he did allow, Trump took a swipe at him on Thursday, telling reporters: "Slightly different from the last administration. They wouldn't sign a pipeline deal, and we have pipelines going up."
Trump—who campaigned on a pledge to "drill, baby, drill" and returned to the White House last year with financial help from Big Oil—also dismissed safety concerns about pipelines, saying: "By the way, they're way underground. They're not a problem. Nobody even knows they're there. It's so crazy. But they wouldn't approve anything having to do with a pipeline."
As the AP detailed:
Bridger Pipeline and other subsidiaries of True Company have been responsible for several major pipeline accidents including more than 50,000 gallons (240,000 liters) of crude that spilled into the Yellowstone River and fouled a Montana city's drinking water supply in 2015, a 45,000-gallon diesel spill in Wyoming in 2022 and a 2016 spill that released more than 600,000 gallons (2.7 million liters) of crude in North Dakota, contaminating the Little Missouri River and a tributary.
Subsidiaries of True agreed to pay a $12.5 million civil penalty to settle a federal lawsuit over the North Dakota and Montana spills.
Salvin said Bridger Pipeline in the years since the Yellowstone spill developed an AI-based leak detection system that allows it to be notified more quickly when there are problems. It also plans to bore 30 to 40 feet (9 to 12 meters) beneath major rivers including the Yellowstone and Missouri to reduce the chances of an accident. The 2015 accident occurred on a line that was constructed in a shallow trench at the bottom of the river.
A public comment submitted to the Trump administration by the legal group Earthjustice on behalf of Honor the Earth, Sierra Club, WildEarth Guardians, and a dozen other organizations acknowledges concerns about this pipeline's potential impacts to water, land, the climate, air quality, cultural resources, recreation, and more—and called for an intense federal review of the project.
"We know how this system works: More pipelines mean more drilling, more waste, and more spills. And when spills happen, it's communities, landowners, and tribes who are left dealing with the contamination, not the companies profiting from it," Rebecca Sobel, climate and health director at WildEarth Guardians, said Friday. "Oil and gas infrastructure fails every day in this country, and expanding that system only increases the likelihood of spills and long-term contamination."
Sierra Club Montana chapter director Caryn Miske stressed that "while the Trump administration kills affordable energy projects and jobs across the country, it is continuing to side with wealthy corporations and oil executives looking to increase profit regardless of the risks to Montana's treasured waterways and to families and businesses struggling with high energy costs. These policies aren't about fair or free markets, it's welfare for corporations and pollution for everyone else."
Earthjustice is also representing 350 Montana, Center for Biological Diversity, Families for a Livable Climate, Montana Environmental Information Center, Montana Health and Climate, Mountain Mamas, Red Medicine LLC, Western Environmental Law Center, Western Organization of Resource Councils, Western Watersheds Project, Wild Montana, and Wyoming Outdoor Council.
"The proposed Bridger tar sands pipeline is an environmental disaster waiting to happen," declared Jenny Harbine, managing attorney with Earthjustice's Northern Rockies office. "The Trump administration appears more than willing to limit public engagement to force this project through."
"Communities and tribes in the Northern Rockies have a right to know how this could impact their water sources, historic resources, and ways of life," Harbine added. "If the administration attempts to sidestep that legal obligation, we’ll see them in court."
Separately on Friday, Anthony Swift, a longtime leader in the fight against the pipeline and current senior strategist for global nature at Natural Resources Defense Council, said that "no matter what you call the project, the environmental concerns that animated the fight over Keystone XL are no less acute today. Keystone Light will threaten water supplies and exacerbate climate change. This is the moment to get off the oil roller coaster, not double down on the dirtiest oil on the planet."
"The Trump administration has been lobbing gifts to Big Oil since its first day in office. This is the latest in a long, long, long list of favors that show the oil industry is getting a great return on its billion-dollar investment in the president's campaign," Swift added. "President Trump has repeatedly said that America does not need Canada's oil, so we certainly don't need Keystone Light."
May 01, 2026
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Trump Tariffs Ruled Illegal—Again—as Data Shows Promised Manufacturing Boom Is Nonexistent
A panel of federal judges ruled Thursday that US President Donald Trump's sweeping 10% tariffs on most imports are unlawful, another major legal blow to the centerpiece of the Republican president's economic agenda—which has failed to produce the manufacturing boom he repeatedly promised on the campaign trail.
The Court of International Trade (CIT) found in a 2-to-1 ruling that Trump violated the law when he unilaterally enacted the 10% import taxes following a February decision by the US Supreme Court, which struck down tariffs the president imposed using emergency powers. But the CIT's ruling, which the Trump administration is expected to appeal, only barred collection of the tariffs from some of the plaintiffs in the case—including a pair of businesses and Washington state—limiting the ruling's immediate impact.
Rep. John Larson (D-Conn.), a member of the House Trade Subcommittee, applauded the new ruling in a statement, saying that "Trump must comply with the law by ending his illegal tax on the American people and getting families and small businesses the refunds they are owed."
"The Supreme Court already rebuked the president's costly tariffs, but Donald Trump sees our Constitution as a mere suggestion to follow, and not the law of the land,” said Larson. “As families are squeezed by sky-high grocery bills and gas prices, his latest round of tariffs is only pouring salt in the wound. The average household has already had nearly $2,000 stolen from them by this administration, and they should not have to pay a penny more."
The decision came as a new analysis of trade and manufacturing data from the first quarter of 2026 found that the president's "actions on trade have not delivered on his promises to quickly balance trade and revitalize US manufacturing." Since Trump's return to the White House last year, US manufacturing employment has declined by 82,000 jobs, according to the Rethink Trade program at the American Economic Liberties Project.
Additionally, the nation's trade deficit was higher during the first three months of this year compared to the same period in 2024, Rethink Trade found.
“The first-quarter 2026 data show President Trump’s promises to prioritize speedily cutting the trade deficit and create more American manufacturing jobs are getting undermined by his chaotic and often mistargeted use of tariffs and squandering of leverage to demand other countries gut their Big Tech anti-monopoly and other policies instead of mercantilist abuses fueling the trade deficit,” said Lori Wallach, Rethink Trade's director.
May 08, 2026
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'Egregious Abuse of Power': Senate Democrats Demand Trump's FCC Chair End Attack on ABC News
A group of Senate Democrats on Thursday told Federal Communications Chairman Brendan Carr to back off his threats to strip Disney-owned TV network ABC of its broadcast licenses.
In a letter addressed to Carr, the Democrats took Carr to task for ordering Disney to file early license renewals for eight ABC stations shortly after President Donald Trump demanded that the network fire late-night host Jimmy Kimmel.
Kimmel earned Trump's ire when he jokingly likened first lady Melania Trump to an "expectant widow" days before a gunman stormed into the White House Correspondents' Dinner in an alleged attempt to assassinate the president.
The senators called Carr's order an "extraordinary abuse of power" and "the latest and most extreme step in your use of the FCC’s licensing authority as a cudgel against broadcasters whose editorial choices displease the president."
The Democrats charged that the order "appears to penalize Disney for refusing to capitulate to Trump’s demands to fire Kimmel and to send a message to other broadcasters: Modify your speech to favor Trump or face the FCC’s wrath," while noting that the order was the first time in over 50 years that the commission had called on a broadcaster to apply for early renewal.
The day before the order to Disney, the FCC sent a similar order to a small station license holder called Bridge News.
Carr's order to Disney was also part of a broad pattern of Trump administration assaults on the free press, including calls to fire Kimmel last year after the comedian said Trump and his political allies were trying “to score political points" after the assassination of right-wing activist Charlie Kirk.
"Although the FCC has the authority to ensure broadcasters operate in the public interest," they wrote, "it cannot serve as President Trump’s roving censor, threatening to revoke licenses against broadcasters whose editorial content—including a comedian’s jokes—displeases the president."
The Democrats concluded their letter by asking Carr to provide information about the timing and process by which the FCC decided to send Disney its early renewal order, including whether any FCC staff had communicated with the White House about the order before it was issued.
The letter was signed by Sens. Ed Markey (D-Mass.), Chuck Schumer (D-NY), Maria Cantwell (D-NM), Ben Ray Lujan (D-NM), John Hickenlooper (D-Colo.), Mazie Hirono (D-Hawaii), Jacky Rosen (D-Nev.), Bernie Sanders (I-Vt.), Brian Schatz (D-Hawaii), Adam Schiff (D-Calif.), Chris Van Hollen (D-Md.), and Elizabethe Warren (D-Mass.).
May 07, 2026
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Trump Counterterrorism Strategy Puts 'Anti-Fascists' on Par With ISIS, Al-Qaeda
The Trump administration on Wednesday released an official counterterrorism strategy that puts "anti-fascist" organizations on par with terrorist organizations such as Islamic State and al-Qaeda.
In outlining its strategy, the document argues that the US faces three "major type" of terrorist threats: "Legacy Islamiast Terrorists," such as al-Qaeda and ISIS; "Narcoterrorists" that sell illegal drugs; and "Violent Left-Wing Extremists, including Anarchists and Anti-Fascists."
When it comes to the purported domestic left-wing threats, the document says the administration will "prioritize the rapid identification and neutralization of violent secular political groups whose ideology is anti-American, radically pro-transgender, and anarchist."
"We will use all the tools constitutionally available to us to map them at home," the document adds, "identify their membership, map their ties to international organizations like Antifa, and use law enforcement tools to cripple them operationally before they can maim or kill the innocent."
The document makes no mention of the threat posed by members of right-wing groups such as the Oath Keepers and Proud Boys, many of whom received pardons from President Donald Trump in 2025 for their role in violently storming the US Capitol building on January 6, 2021.
A report published last year by the Center for Strategic and International Studies found that, while left-wing political violence has grown since Trump's first election in 2016, it "remains much lower than historical levels of violence carried out by right-wing and jihadist attackers."
Journalist Ken Klippenstein reported on Wednesday that the strategy "is the brainchild of White House counterterrorism czar Sebastian Gorka, an eccentric figure I have reported on, who last year hinted at terrorism charges being levied for political opponents of the administration."
Digging into the details of the document, Klippenstein said it was essentially a strategy for prosecuting "pre-crime," which he noted "aims to build cases against people for what they might do, most ominously based on speech or beliefs."
At the end of his analysis, Klippenstein warned that the document makes clear "the global War on Terror has come home."
The counterterrorism strategy document builds on the framework established by National Security Presidential Memorandum-7 (NSPM-7), a directive signed by Trump in September that demanded a “national strategy to investigate and disrupt networks, entities, and organizations that foment political violence so that law enforcement can intervene in criminal conspiracies before they result in violent political acts.”
Rights groups have for months been sounding the alarm about the implications of NSPM-7, which they said could be used to initiative a widespread crackdown against the Trump administration’s critics.
May 06, 2026
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'A Voice That Upholds the Conscience of the World': Spain Honors Francesca Albanese for Efforts to Stop Gaza Genocide
Spanish Prime Minister Pedro Sánchez honored Francesca Albanese, the United Nations special rapporteur on Palestine, on Thursday, in a display of solidarity as she faces sanctions from the United States over her outspoken advocacy against Israel's genocide in Gaza.
Citing her work to document human rights violations over more than two years of conflict, Sánchez awarded Albanese the Order of Civil Merit, a knighthood granted to Spanish and foreign citizens for extraordinary services benefiting the state or society.
"Public responsibility... entails the moral obligation not to look the other way," Sánchez said in a social media post. "It is an honor to award the Order of Civil Merit to a voice that upholds the conscience of the world: Francesca Albanese."
Earlier this week, Sánchez petitioned the European Commission to intervene to stop compliance with the Trump administration's efforts to punish Albanese, as well as members of the International Criminal Court who have brought arrest warrants against Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.
Albanese, an Italian legal scholar, has held the role of special rapporteur since 2022, a year before Israel launched a war in Gaza in response to a Hamas-led attack on October 7, 2023. Human rights organizations and UN experts have described Israel's assault as a genocide.
In March 2024, Albanese released the UN's first major public report, making the legal case that there are "reasonable grounds" to believe a genocide was being committed, referring to a litany of statements by Israeli officials establishing intent to destroy the Palestinian population.
In addition to documenting Israel's actions, she has published research demonstrating the "complicity" of nations that supply weapons and other support to Israel in what she has called a “collective crime" that they should also face responsibility for.
According to official estimates, at least 72,000 Palestinians have been killed since October 2023, many of them women and children, while independent analyses suggest the death toll is much higher, in part due to the near-total destruction of health and other public infrastructure.
Many of the buildings in Gaza have been destroyed by over two years of relentless bombings, leaving most of its 2.1 million people displaced and living in tent cities.
Albanese told a Spanish broadcaster that the US and other nations attempting to punish her and other international authorities for speaking out against atrocities in Gaza were "like an international mafia."
"They want to silence everyone who demands an end to genocide, an end to the crimes,” she said.
May 07, 2026
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Economist: Don't Listen to Hegseth, Trump's Iran War Will Cost 'Very Possibly Trillions'
"War is hell. And hell comes with a hefty price tag," said University of Michigan professor Justin Wolfers.
May 08, 2026
University of Michigan professor Justin Wolfers on Friday joined a growing number of economists and other critics casting down on what he called "the Pentagon's lowball $25 billion estimate" for the cost of President Donald Trump's illegal war on Iran.
While testifying before Congress last week alongside US Secretary of Defense Pete Hegseth, Pentagon comptroller Jules "Jay" Hurst offered the $25 billion figure. However, experts have responded with raised eyebrows. Stephen Semler, a senior fellow at the Center for International Policy, estimated that the government spent at least $71.8 billion during the first two months of the war, or around $1.2 billion each day.
Although Trump told Congress last Friday—a key deadline under the War Powers Act—that his assault on Iran had been "terminated," citing the ceasefire deal reached a month ago after his genocidal threat, the administration has maintained its naval blockade and on Thursday bombed what it claimed were "Iranian military facilities responsible for attacking US forces."
The cost isn't just measured in billions of taxpayer dollars spent on a war that doesn't make us safer. It's measured in economic losses such as high prices working families see at the gas pump. The human toll can't be ignored. www.nytimes.com/2026/05/08/o...
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— Randi Weingarten 🖇️📚✊🇺🇸 (@rweingarten.bsky.social) May 8, 2026 at 2:41 PM
As the threat of more US bombings of Iran loomed, Wolfers wrote Friday in a New York Times opinion piece that "the Pentagon's stated number reflects only a narrow accounting of the tab that Operation Epic Fury is running up. It's the price of the more than 2,000 Tomahawk and Patriot missiles already fired, the warplanes already flown and in some cases lost, and the rest of the gear already chewed through. It does not measure the true cost of the war—including the human toll."
"Since the start of the war, oil markets have been disrupted, consumer confidence has cratered, the global economy is groaning, and military budgets are growing," the economist continued. "The toll from this upheaval must be counted in lives disrupted, jobs lost, companies shut down (see: Spirit Airlines), and the income and output sacrificed. The less easily quantified costs—death, disability, and mental health—could become much more dramatic should President Trump send troops into Iran, which still can't be ruled out."
As David Dayen, executive editor of The American Prospect, detailed Friday, the war seemingly hasn't achieved any of Trump and Israeli Prime Minister Benjamin Netanyahu's shifting objectives:
The US and Israel said they wanted to eradicate Iran's nuclear program and change its regime. The regime is now composed of more hard-liners than before, and Iran's nuclear capability has not budged since last summer. Now the two sides are negotiating the opening of the Strait of Hormuz, which was open before the conflict, and the terms of Iran's nuclear program, which they were negotiating before the conflict. Moreover, the compromise being contemplated involves Iran pausing uranium enrichment in exchange for the US lifting sanctions and unfreezing Iranian funds. That sounds suspiciously like the deal President Obama struck in 2015 that Trump ripped up when he took office, complete with the "bags of cash" sent to Iran that Trump flipped out over back then.
All this war has done is killed thousands of people, opened a new front for Israel in Lebanon, damaged most US military sites and most energy production facilities in the region, led to oil spills that are visible from space, created a shipping bottleneck that will take at least a year to fix, raised domestic gas prices to a record for this time of year, cost American consumers $34.3 billion and counting, ended the life of one US airline with more likely to come, and led us down an imminent path to physical shortages of critical commodities like oil, including in the United States.
I have never in my life seen a war that achieved literally none of its objectives while directly causing this many devastating costs, and I lived through Iraq and Afghanistan.
The Washington Post reported Thursday that the Central Intelligence Agency has privately warned the Trump administration that "Iran can survive the US naval blockade for at least three to four months before facing more severe economic hardship," and its "analysis might even be underestimating Iran's economic resilience if Tehran is able to smuggle oil via overland routes."
The reporting heightened concerns about how long the war may drag on. The International Monetary Fund warned last month that a prolonged conflict could cause a global recession.
Already, the war has "pushed the Federal Reserve Bank into a corner," and "Wall Street is worried, despite the market touching new highs," Wolfers wrote Friday. "My estimate—based on the movement of oil prices, along with the S&P 500—is that stocks are about 5% lower than they otherwise would be, suggesting that the war has wiped about $3 trillion off the value of these companies."
The economist also cited recent research showing that elevated "geopolitical risk leads to lower investment and employment."
Shortly after launching the war in February, the White House signaled it would need $200 billion for the operation. However, it is now seeking a $1.5 trillion defense budget for the next fiscal year—which Hegseth tried to frame as a fiscally responsible plan that puts "the American taxpayer first" in a widely ridiculed video this week. Wolfers highlighted that the budget request is "a roughly 40% boost over this year. That's a massive $600 billion increase, or roughly $4,000 per household."
Like Dayen, Wolfers also pointed to the Iraq War, which economists Linda Bilmes and Joseph Stiglitz estimated cost the US around $3 trillion, after factoring in expenses such as "lifetime medical care and disability benefits for veterans, and the higher recruitment and retention costs that follow a bloody war—all compounded by a rising interest bill."
"The best any economist can do right now is get the order of magnitude right, and my math suggests the Iran war will cost hundreds of billions of dollars, and very possibly trillions," Wolfers concluded. "War is hell. And hell comes with a hefty price tag."
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'It's About Time': ABC News Pushes Back Against Trump's FCC Attack on Free Press
"ABC has finally learned that bullies don’t stop when companies cower in a corner," said one free press advocate.
May 08, 2026
ABC News earned plaudits on Friday after it came out swinging against the Trump administration's investigation into its daytime talk show "The View."
In a filing with the Federal Communications Commission (FCC), first reported by The New York Times, ABC said the Trump administration's actions "threaten to upend decades of settled law and practice and chill critical protected speech, both with respect to 'The View' and more broadly."
The FCC launched an investigation into "The View" over its interview with Democratic US Senate candidate James Talarico of Texas earlier this year, as the agency questioned whether the program should be exempt from Section 315 of the Communications Act, which requires networks to provide equal access to candidates' political opponents.
Disney-owned ABC noted that "'The View' has been broadcasting under a bona fide news exemption granted to it more than 20 years ago," and argued that forcing the show to abide by equal-time rules "would risk restricting political discourse exactly when it is needed most."
The network's aggressive posture against the FCC inquiry earned it praise from press freedom watchdogs who have long criticized mainstream media outlets for timidity in the face of the Trump administration's authoritarianism.
Seth Stern, chief of advocacy for the Freedom of the Press Foundation, said ABC deserved kudos for "for standing up for itself and the First Amendment" amid attacks from President Donald Trump and FCC Chairman Brendan Carr, who has repeatedly threatened to pull broadcasters' licenses over unfavorable news coverage.
"It’s about time news outlets start telling Carr and his Donald Trump lapel pin to kick rocks," said Stern. "Otherwise, he’ll continue manufacturing bogus pretexts to harass and jawbone licensees that air content his boss doesn’t like."
Jessica J. González, co-CEO of Free Press, said she was "pleased that ABC has finally learned that bullies don’t stop when companies cower in a corner," referring to past settlements ABC and other networks made with Trump after his 2024 election victory.
"The FCC chairman has blatantly and repeatedly abused his power to silence speech that displeases Trump," said González. "This doesn’t just violate the First Amendment rights of broadcasters on the receiving end of Brendan Carr's tactics; it also harms the broadcasters’ audiences."
Mark Jacobs, former editor at the Chicago Tribune and the Chicago Sun-Times, similarly pointed to ABC's past capitulations to Trump, while expressing hope that the network had learned its lesson.
"Remember when ABC folded to Trump's shakedown scheme with a $15 million settlement?" he wrote in a social media post. "Maybe they thought it would buy peace with the dictator. It didn't. The regime demanded Jimmy Kimmel's firing and harassed 'The View.' Now ABC is fighting back after learning that fascists always come back for more."
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California's Tom Steyer Proposes Jobs Guarantee for Workers Displaced by AI
"Most politicians still fail to recognize or downplay the threat of AI to workers, at the behest of Silicon Valley," said one veteran labor organizer.
May 08, 2026
In a first for a statewide candidate, California gubernatorial contender Tom Steyer on Friday proposed the creation of a wealth fund that would be paid into by artificial intelligence companies, with the money being used to fund jobs in key sectors of the economy.
The billionaire hedge fund founder-turned-environmental advocate, who has come out in support of a proposed tax on billioionaires' wealth and a single-payer healthcare system for the state and has described himself as a "class traitor," told Wired about his proposal to use a "token tax" to fund what he called the Golden State Sovereign Wealth Fund.
Big Tech companies would be taxed “a fraction of a cent for every unit of data processed” for AI uses, and some of the money directed to the fund through the taxation plan would be earmarked for jobs for people who lost employment due to the expansion of AI.
Jobs in healthcare, housing construction, and modernizing the state's energy infrastructure would be prioritized in the fund.
Steyer told Wired the plan would make California "the first major economy in the world" to guarantee jobs to people who have been displaced by AI.
“People all over this state are terrified that AI is going to hollow out this whole economy and they’re going to lose their jobs. Young people are worried they’ll never get a job,” Steyer told Wired. “We believe this can be an amazing transformational technology in many ways, but we’re not in the business of leaving people in California behind.”
The outplacement firm Challenger, Gray, and Christmas released a report Thursday showing that for the second straight month, AI was the leading reason companies cited for laying off workers. AI-related job cuts accounted for 26% of the 88,387 layoffs the firm recorded, with 21,490 people losing their jobs due to AI.
“Technology companies continue to announce large-scale cuts and are leading all industries in layoff announcements. They are also often citing AI spend and innovation. Regardless of whether individual jobs are being replaced by AI, the money for those roles is,” said Andy Challenger, chief revenue officer for Challenger, Gray, and Christmas.
Last October, Sen. Bernie Sanders (I-Vt.) released an analysis showing that AI and automation could eliminate nearly 100 million jobs in a decade—yet President Donald Trump and the Republican Party are aggressively pushing to stop states from regulating the industry.
Trump signed an executive order late last year calling on the Department of Justice to create an AI Litigation Task Force, which would target laws and proposals to require studies on the impact of AI on jobs, protect people from AI companion chatbots, and regulate the technology in other ways.
“Not regulating AI doesn’t seem remotely reasonable,” Steyer said Friday.
At a debate earlier this week, Steyer said AI cannot be allowed to "create 12 trillionaires and millions of people who lose their jobs."
"The number-one thing that we have to do is make sure AI is a tool for workers and not a replacement of workers," he said. "And we absolutely need to own part of it."
We can't let AI create 12 trillionaires and millions of people who lose their jobs. The people of California need to share in the wealth AI creates. pic.twitter.com/ts2Ru1J5IX
— Tom Steyer (@TomSteyer) May 6, 2026
Charles Idelson, former communications director for National Nurses United, applauded Steyer for "addressing a growing danger for California's working class."
"Most politicians still fail to recognize or downplay the threat of AI to workers, at the behest of Silicon Valley," said Idelson.
Steyer said in a memo that in addition to protecting Californians from job loss, the fund created by the token tax would "strengthen the foundation of the state’s economy, invest in our communities, and create beautiful, vibrant public spaces."
“To support these efforts," said the campaign, "Tom will also invest heavily in training and apprenticeship programs across the state.”
Steyer's plan for AI also includes an expansion of unemployment insurance and the creation of the AI Worker Protection Administration that would adopt new rules to protect workers' rights as AI continues to develop.
Devin Murphy, director for digital mobilization for Steyer's campaign, said the state faces a "defining question" after its tech industry helped build the AI economy: "Who benefits from it?"
"Tom Steyer is putting forward one of the first serious plans to ensure AI strengthens the middle class," said Murphy, "instead of hollowing it out."
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