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House to Take Up GOP Megabill Serving 'Oil Company CEOs, Hedge Fund Donors, and Climate Deniers'
"Senate Republicans advanced the most anti-environment, anti-job, and anti-American bill in history," said one campaigner.
Jul 01, 2025
After U.S. Senate Republicans on Tuesday sent President Donald Trump's so-called "Big Beautiful Bill" back to the House of Representatives, defenders of the planet sounded the alarm on several provisions that remain in the massive budget reconciliation package.
"This is a vote that will live in infamy," said Greenpeace USA deputy climate program director John Noël after Vice President JD Vance broke a tie to advance the legislation. "This bill is what happens when a major political party, in the grips of a personality cult, teams up with oil company CEOs, hedge fund donors, and climate deniers. All you need to do is look at who benefits from actively undercutting the clean energy industry that is creating tens of thousands of jobs across political geographies."
"The megabill isn't about reform—it's about rewarding the superrich and doling out fossil fuel industry handouts, all while dismantling the social safety nets on which millions depend for stability," Noël added. "It is a bet against the future."
Although Sen. Mike Lee's (R-Utah) provision to force the sale of public lands as well as a proposed excise tax on wind and solar projects were removed, other controversial policies survived, including required onshore and offshore fossil fuel lease sales, mandates for timber harvesting, the recision of various Inflation Reduction Act funding, an end to a moratorium on new coal leasing, and attacks on clean energy.
"Make no mistake, while the Senate did not include a punitive new excise tax on wind and solar projects, the bill is still devastating for the clean energy transition," warned Union of Concerned Scientists (UCS) president Gretchen Goldman. "The bill would spike energy costs, threaten energy reliability, and strand hundreds of billions of dollars in clean energy and transportation investments along with the tens of thousands of domestic jobs that come with them. The provisions attacking clean energy and clean transportation are not about the budget, but rather Congress using the budget bill to boost fossil fuels by crushing these booming new industries."
Sierra Club executive director Ben Jealous declared that "today, Senate Republicans advanced the most anti-environment, anti-job, and anti-American bill in history."
"This shortsighted plan will put lives at risk, endanger our growing economy, and raise electricity rates on families and small businesses," he said. "The proposal expands drilling on public lands and in the Arctic, guts cost-cutting clean energy investments and the thousands of stable jobs they've created, and includes massive giveaways to corporate polluters and the very wealthiest Americans."
Jealous celebrated that public outrage led to the federal land sales and excise tax provisions getting axed, but added that "even with those important changes, a terrible bill is still a terrible bill, and this proposal fails the American people in every measure."
Margie Alt, director of the Climate Action Campaign, also highlighted how the legislation—if signed into law—will benefit rich individuals and corporations while causing working-class Americans to lose their jobs and pay higher energy bills.
"The Senate has turned its back on our clean energy future, raising our utility bills while mortgaging our health and environment to deliver massive tax breaks for billionaires," Alt said. She warned of job losses and increased climate pollution, meaning "kids will struggle with asthma and other respiratory problems. And, more people will suffer from devastating extreme weather catastrophes."
Manish Bapna, president of the Natural Resources Defense Council, similarly said that "with spiking power demand and rising bills, we need more clean, affordable American energy, but Senate Republicans just voted to kill jobs and deliver the largest utility bill increase in U.S. history."
"Every senator who voted for this bill chose tax cuts for the wealthiest over the rest of our health, pocketbooks, public lands and waters, and a safe climate," Bapna argued. "This is like Robin Hood in reverse. The very rich will get richer and the rest of us will have to pay the price."
After 27 hours, Republicans passed their Big Ugly Bill—a catastrophic assault on health care, food, and climate.They chose Trump and billionaires over families and our future.This fight isn't over. Now it’s the House’s turn to stop it.We can't agonize—we must organize.
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— Senator Ed Markey (@markey.senate.gov) July 1, 2025 at 1:22 PM
The bill not only "will race us toward climate catastrophe" while giving tax breaks to the wealthy, said Lisa Gilbert, co-president of the watchdog Public Citizen, it also "steals assistance from vulnerable Americans, the bill would supercharge Trump's barbaric mass deportation policy, and throw an extra $150 billion at Pentagon contractors."
"Any member of Congress with a conscience knows that this bill must not become law," she added. "It's time for the House to stand up to President Trump and vote against it."
The GOP-controlled House had already passed a version of the megabill before every Senate Republican but Sens. Susan Collins (Maine), Rand Paul (Ky.), and Thom Tillis (N.C.) advanced the latest edition on Tuesday. Now, the lower chamber's leaders plan to take up the new version in hopes of sending it to Trump's desk by his July 4 deadline.
"House members got it wrong the first time but have another chance now to do their jobs," said Goldman of UCS. "They must reject this bill, voting with their constituents in mind, not simply to avoid the ire of the president."
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Anti-Poverty Campaigners Cheer Spain-Brazil-South Africa Plan to Tax the Grotesquely Rich
"People are fed up with billionaires' greed eroding the environment and communities we depend on," said one supporter of the new initiative. "It's time for world leaders to listen and act."
Jul 01, 2025
A new plan backed by the governments of Spain, Brazil, and South Africa to tax the fortunes of the uber-rich drew hearty cheers from anti-poverty campaigners, environmental activists, and unions when it was announced on Tuesday.
As described in an announcement by the Spanish government, the initiative aims to create coordination between governments on the taxation of high-net-worth individuals to ensure they are not shuffling money abroad to avoid proper taxation.
"The proposal aims to incentivize and guide different countries to join the initiative and address policy, administrative, and data deficiencies, ensuring that high-net-worth individuals are taxed more efficiently in line with their wealth," the Spanish government explained. "To achieve this, it is necessary to foster international cooperation in multilateral forums to promote and facilitate the implementation of evidence-based reforms and ongoing experiences regarding the taxation of large fortunes in different countries."
The plan—crafted by the governments of Spain and Brazil and presented at the United Nations' Fourth International Conference on Financing for Development being held in the Spanish city of Seville—was quickly praised by an assortment of international nonprofit organizations as an essential tool for tackling global wealth inequality.
Kate Blagojevic, associate director for Europe campaigns for environmental the advocacy group 350.org, described it as "a bold move by Spain and Brazil" that she said could provide funding for clean energy investments around the world, including in countries that lack the resources to make such investments.
"We want more countries to join this coalition so that billionaires and multi-millionaires help to foot the bill for the climate damage they have caused and decrease the huge gap between the rich and the poorest," she said, while also calling for the United Kingdom, France, and Germany to sign on.
Susana Ruiz, the tax justice policy lead at the anti-poverty organization Oxfam, emphasized that international coordination on taxation of high-worth individuals was a serious proposal to address a crisis in global democracy, which she said was being undermined by the corrupting influence of vast sums of money being held by a tiny number of people.
"This extreme inequality is being driven by a financial system that puts the interests of a wealthy few above everyone else," she said. "This concentration of wealth is blocking progress towards the Sustainable Development Goals and keeping over three billion people living in poverty: over half of poor countries are spending more on debt repayments than on healthcare or education."
Fred Njehu, the global political lead for Greenpeace’s Fair Share campaign, deemed the tax plan essential at a time when nations are behind their renewable energy goals and when wealthy elites such as Amazon CEO Jeff Bezos can go all-out for a lavish three-day wedding in Venice.
"Financing is urgently needed for climate action and public services, not for polluting space travel and luxury weddings," he said. "This new coalition of governments working to tax the super-rich adds to the growing global momentum to make the world’s wealthiest pay their fair share. People are fed up with billionaires' greed eroding the environment and communities we depend on. It's time for world leaders to listen and act."
And Leo Hyde, the campaigns and media coordinator at the Public Services International union, praised the plan and said that was the result of years' worth of advocacy by unions and other organizations.
"The initiative aims to ensure a progressive and efficient global tax system with the aim of reducing social inequality," he said. "This builds directly on years of union-led tax justice campaigning that has already yielded significant victories, including the OECD global minimum corporate tax, Australia's public country-by-country reporting initiatives, and the ongoing UN tax treaty negotiations."
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Under Pressure From Anti-Oligarchy Protests, Bezos Moves Venice Wedding Party Venue
"We're just citizens who started organizing and we managed to move one of the most powerful people in the world," said one protest organizer.
Jun 25, 2025
Amazon.com founder Jeff Bezos and Lauren Sánchez on Tuesday relocated their upcoming lavish Venice wedding celebration, a move cheered as an "enormous victory" by protesters whose recent demonstrations in the northeastern Italian city have highlighted the socioeconomic and climate damage caused by billionaires.
Bezos—who is currently the world's fourth-richest person, according to lists published by Bloomberg and Forbes—is set to marry Sánchez, a journalist, later this week, and the couple is planning to celebrate the occasion with a three-day extravaganza costing an estimated $46-56 million, according to Reuters.
Around 90 private jets are scheduled to land in area airports and local yacht harbors are fully booked, underscoring the climate and environmental impact on a city struggling to survive on one of myriad frontlines of the planetary emergency.
"We are very proud of this! We are nobodies, we have no money, nothing!"
The nuptial celebration has been relocated from the Scuola Grande della Misericordia to the Arsenale di Venezia, a historic fortified palace about 3 kilometers (1.8 miles) away from the original location. Officials cited concerns for the security of guests including several members of U.S. President Donald Trump's family.
Members of groups including No Space for Bezos, Greenpeace Italy, and Everyone Hates Elon—which targets Elon Musk, the world's richest person—have staged a series of demonstrations, including one on Monday at which protesters laid out a massive banner with Bezos' face and the message "If You Can Rent Venice for Your Wedding You Can Pay More Tax" in Piazza San Marco.
Responding to the celebration's relocation, Tommaso Cacciari of No Space for Bezos told the BBC Wednesday: "We are very proud of this! We are nobodies, we have no money, nothing!"
"We're just citizens who started organizing and we managed to move one of the most powerful people in the world," Cacciari added.
Wedding-related festivities are set to kick off Thursday evening, and city officials have blocked off parts of central Venice. While some residents have welcomed the money and fanfare the event will bring to a city with a long and storied history of oligarchs and opulence, others bristle at what they see as the transformation of their home into a playground for the superrich.
"There's only one thing that rules now: money, money, money, so we are the losers," Venice resident Nadia Rigo told Reuters. "We who were born here have to either move to the mainland or we have to ask them for permission to board a ferry. They've become the masters."
In the United States, critics contrasted the stratospheric cost of Bezos' celebration with the multicentibillionaire's history of personal and corporate tax dodging—and the hyper-capitalist system that enables it.
"Jeff Bezos is worth $230 billion and is reportedly spending $20 million on a three-day wedding in Venice while sailing around on his $500 million yacht," former U.S. Labor Secretary Robert Reich said Wednesday on the social media site X. "If he can afford to do that, he can afford a wealth tax and to pay Amazon workers a living wage. Hello?"
This is oligarchy. This is obscene.While 60% live paycheck to paycheck & kids go hungry, Jeff Bezos, worth $230 billion, goes to Venice on his $500 million yacht for a $20 million wedding & spends $5 million on a ring while his real tax rate is just 1.1%.End this oligarchy.
— Senator Bernie Sanders (@sanders.senate.gov) June 24, 2025 at 9:04 AM
While No Space for Bezos organizers are celebrating their victory and have canceled plans to fill Venice's canals with inflatable crocodiles in a bid to block celebrity guests from accessing the Scuola Grande della Misericordia, they said they still plan on protesting the festivities by holding a "No Bezos, No War" rally and march.
"It will be a strong, decisive protest, but peaceful," Federica Toninello of the Social Housing Assembly network told Euronews Wednesday. "We want it to be like a party, with music, to make clear what we want our Venice to look like."
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