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Why your utility bill might increase under Trump's tax bill
Why your utility bill might increase under Trump's tax bill

CNN

timea day ago

  • Business
  • CNN

Why your utility bill might increase under Trump's tax bill

Why your utility bill might increase under Trump's tax bill CNN's Bill Weir explains why your household energy bill will be higher over the next decade if the GOP passes Trump's new tax bill. Red states like Oklahoma, South Carolina and Texas could see up to 18% higher energy costs by 2035, according to think tank Energy Innovation. 01:10 - Source: CNN Vertical Politics of the Day 17 videos Why your utility bill might increase under Trump's tax bill CNN's Bill Weir explains why your household energy bill will be higher over the next decade if the GOP passes Trump's new tax bill. Red states like Oklahoma, South Carolina and Texas could see up to 18% higher energy costs by 2035, according to think tank Energy Innovation. 01:10 - Source: CNN Trump's 'two week' Russia deadline is now on week five As the war in Ukraine rages on, CNN's Adam Kinzinger looks back on President Trump's recent promise that he would have an answer to Russian President Vladimir Putin's willingness to end the war in 'two weeks.' 01:13 - Source: CNN Latino influencers stick by Trump Tony Delgado and Gabriela Berrospi, entrepreneurs and founders of multimedia brand Latino Wall Street, helped rally the Latino vote for President Donald Trump in 2024. As the administration has escalated ICE raids and deportations this year, they visited Washington D.C. and the White House to advocate for their community and immigration reform. 02:27 - Source: CNN Tillis gives fiery speech about Trump's 'big, beautiful bill' Sen. Thom Tillis (R-NC) warned President Trump and Republicans that the Senate version of the sweeping "big, beautiful bill" will break a promise Trump made to not cut Medicaid. Tillis also announced Sunday that he will not seek re-election in 2026. 01:18 - Source: CNN NYC Mayor Eric Adams responds to low poll numbers New York City Mayor Eric Adams joins CNN's Jake Tapper to discuss poll numbers that indicate dissatisfaction with his job performance. 01:04 - Source: CNN Minnesota lawmaker and husband lie in state at State Capitol Mourners and lawmakers gather to pay tribute to former Minnesota State Rep. Melissa Hortman and her husband, Mark Hortman, who were killed in a targeted attack. The couple is joined by the family's golden retriever, Gilbert, who also died after being shot during the attacks. 00:41 - Source: CNN USNS Harvey Milk new name revealed US Defense Secretary Pete Hegseth announced the USNS Harvey Milk is being renamed to the USNS Oscar V. Peterson. During Pride Month in June, he ordered the stripping of the name Harvey Milk who was a gay rights activist and Navy veteran. 00:43 - Source: CNN Trump says he'd consider bombing Iran again In a White House briefing with reporters President Donald Trump was asked if he would consider bombing Iran's nuclear sites again if future intelligence reports offered a concerning conclusion on Iranian enrichment of uranium. 00:51 - Source: CNN Hegseth claims CNN spun Iran reporting. Anderson rolls the tape Defense Secretary Pete Hegseth alleges that several media outlets, including CNN, are misrepresenting the Iran nuclear program in their coverage. Watch our montage of what he said and what we said. 05:31 - Source: CNN Trump reacts to win at the Supreme Court President Trump thanked conservative Supreme Court justices and explained what he plans to do next after the Court backed his effort to curtail lower court orders that have hampered his agenda for months. 00:46 - Source: CNN Supreme Court backs parents who want to opt out of LGBTQ+ curriculum The Supreme Court on Friday backed a group of religious parents who want to opt their elementary school children out of engaging with LGBTQ books in the classroom, another major legal win for religious interests at the conservative high court. 00:52 - Source: CNN Supreme Court limits ability of judges to stop Trump The Supreme Court backed President Donald Trump's effort to curtail lower court orders that have hampered his agenda for months. However, it signaled that the president's controversial plan to effectively end birthright citizenship may never be enforced. 01:32 - Source: CNN Trump's team credits him with creating a decades-old phrase White House press secretary Karoline Leavitt falsely claimed that President Trump came up with the phrase "peace through strength." CNN's Abby Phillip reports on how the phrase has been used for decades. 01:22 - Source: CNN 'Daddy's home:' Trump leans into NATO chief comment NATO Chief Mark Rutte got the world's attention after referring to President Trump as "daddy" after he used the analogy of two children fighting to describe the conflict between Iran and Israel. In a press conference, Rutte, explained his reason for using the term "daddy." Trump spoke about the moment at a press conference, and the White House leaned into the term in a social media post. 00:50 - Source: CNN Tapper responds to Trump's attack of CNN's coverage of US strikes on Iran CNN's Jake Tapper offers a harsh rebuke to President Trump's attack on media outlets for reporting on a preliminary Defense Intelligence Agency report from the Pentagon which found US strikes likely may have only set Iran's ability to produce a nuclear weapon back by a matter of months. President Donald Trump and his administration has repeatedly said that the strikes 'obliterated' Iran's ability to produce a weapon. 04:04 - Source: CNN Analysis: Trump dominates NATO summit Thirty two world leaders attend this year's NATO summit in The Hague, Netherlands. But one leader dominated the discussions: President Donald Trump. CNN's correspondent Clare Sebastian offers her analysis from The Hague. 01:34 - Source: CNN Zohran Mamdani declares victory in NYC Democratic mayoral primary New York State assemblyman and democratic socialist Zohran Mamdani declared victory in a speech as he is poised to win the Democratic primary for New York City mayor, with his top challenger Andrew Cuomo conceding the race. According to CNN's projection, Mamdani, whose campaign focused on affordability, will garner less than 50% of the vote, meaning the race will formally be decided by ranked-choice votes. 02:35 - Source: WABC

Stephenville airport could soon lose power, as N.L. fires up air ambulance contingency plans
Stephenville airport could soon lose power, as N.L. fires up air ambulance contingency plans

CBC

time28-05-2025

  • Business
  • CBC

Stephenville airport could soon lose power, as N.L. fires up air ambulance contingency plans

Social Sharing It could be lights out at the Stephenville Dymond International Airport later this week, if the beleaguered operation doesn't pay its utility bill. Newfoundland Power has confirmed it issued the airport a seven-day "notice of disconnection" due to "outstanding account issues." In an emailed statement, the utility wrote that it "remains available to work with the airport to resolve outstanding account issues required for continuation of service." It marks the latest financial hardship the airport has seen since it was purchased by Ottawa entrepreneur Carl Dymond in August 2023. Dymond bought the facility for $6.90 and a payment of more than $1 million in existing liabilities. Since the sale, Dymond has been hit with a $2.4-million lawsuit by Tristar Electric, which alleges it hasn't been paid for its work to install a new runway lighting system. Earlier this year, lawyers for the airport got permission to withdraw from the case because they say they haven't been paid either. That news came on the heels of the airport being downgraded to a "registered aerodrome," meaning it is not subject to ongoing inspection by Transport Canada, but is inspected periodically to verify compliance with regulations. There are eight registered aerodromes on the island portion of the province, including those in Bell Island, Clarenville and Port aux Choix. Health minister says air ambulance plan in place In March, the province said it would continue to use Stephenville for its air ambulance service. According to statistics collected for the Health Accord and published in 2023, there were 290 air ambulance flights to Stephenville over a previous 3 1/2-year period. That amounts to about seven flights a month. Health Minister Krista Lynn Howell told CBC News the province has been working on a contingency plan in the event Stephenville's airport can't be used. "The medical professionals do this type of work, day in, day out, and there could be reasons why an airport isn't available," Howell said, citing issues like runway maintenance. "This is just another one of those examples where we had to build a contingency plan," Howell said. "And we're confident that NLHS has taken all the appropriate steps to mitigate, as much as possible, the risk factors that we can control." In a broad sense, the contingency plan could include a mix of resources and assets. That includes two runways "in close proximity" to Stephenville — Deer Lake and St. Andrews in the Codroy Valley — "that may be able to be utilized," according to Howell. "There may be a combination of road transport, air transport, or even using a helicopter in instances where that's appropriate," she said. "The folks who are making these decisions, the medical professionals, will determine what is the most appropriate asset to deploy." Council has stressed importance of air ambulance service In January 2023, before the final sale to Dymond was approved, the Town of Stephenville gave the airport $50,000 to keep the operation running. Councillors who voted to approve the grant framed their support around the importance of the airport in providing an air ambulance service. "I have to say yes, because it's the taxpayer's life that comes into play," said Coun. Myra White at the time. "And I know it's $50,000, but I look at a life, and what is a life worth?" When the deal to sell the airport was initially announced in September 2021, Carl Dymond said he planned to spend hundreds of millions and create thousands of jobs. His vision included the construction of massive high-tech drones. Those plans have yet to materialize.

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