Insightcast AI
Home
© 2025 All rights reserved
Impressum

SCOTUS Rulings & Federal Budget Forecast | Afternoon Update | 6.20.24

Morning Wire XX

--:--
--:--

Full Transcription:

[0] This episode is brought to you by Balance of Nature.

[1] Go to Balanceofnature .com and use promo code Wire for 35 % off your first order as a preferred customer, plus get a free bottle of fiber and spice.

[2] That's Balancedonature .com promo code Wire.

[3] I'm Daily Wire editor -in -chief John Bickley.

[4] It's Thursday, June 20th, and this is your Morning Wire afternoon update.

[5] The Supreme Court handed down three rulings today.

[6] Daily Wire reporter Megan Basham has more.

[7] In a 7 -2 decision, the High Court upheld attacks on foreign corporate investments.

[8] Now, that case revolved around the 16th Amendment and the question of whether taxes can be imposed on foreign investment stakes without income.

[9] Investors in Washington State challenged that law, saying they had to pay additional taxes despite not receiving dividends.

[10] The court also ruled against a convicted drug mule from California who claimed she was unaware of the dozens of pounds of meth she was transporting.

[11] Then the justices sent a civil rights claim back down to a lower court.

[12] Sylvia Gonzalez, a 72 -year -old council member in Castle Hills, Texas, was arrested in 2019 for allegedly removing a government document, which she says was a mistake.

[13] The case challenges a 2019 ruling that generally bars retaliation claims if police make a lawful arrest.

[14] More rulings from the High Court are expected in the next week.

[15] Louisiana has mandated every public school classroom, including kindergarten up through state -funded universities, display the Ten Commandments.

[16] Opponents, including the ACLU, vow to challenge the law's constitutionality, arguing it imposes religious beliefs on students.

[17] But proponents claim it highlights the commandment's historical significance.

[18] Governor Jeff Landry made the following remarks after signing the bill into law.

[19] Because if you want to respect the rule of law, you have to start from the original law given, which was Moses.

[20] A new report is shedding light on the Senate.

[21] severe damage done by last year's train derailment in East Palestine, Ohio.

[22] According to the report, the derailment spread hazardous pollution across 16 states.

[23] Pollution from the wreck and controlled burn covered 540 ,000 square miles, impacting some 110 million people.

[24] Following the incident, East Palestine's residents reported various health issues.

[25] Transport company Norfolk Southern settled a $600 million lawsuit this past April.

[26] This episode is brought to you by Birchgold Group.

[27] Diversify your savings with Birchgold.

[28] Their experts can help you turn your IRA or 401k into a 401k in gold.

[29] Just text wire to 98989898 today.

[30] The Congressional Budget Office says the federal budget deficit may be close to $2 trillion for the current fiscal year.

[31] The estimate marks the third largest in U .S. history only behind the deficits during peak pandemic spending.

[32] The CBO attributes the increase to new government.

[33] spending, including things like student loan cancellation and funding for Ukraine.

[34] Also adding to the shortfall is rising, mandatory spending, and interest rates.

[35] By 2034, the public debt is projected to exceed $50 trillion, reaching 122 % of GDP.

[36] E .J. Antony tells Fox business that borrowing from the public only goes so far.

[37] So much of what this administration has done, Brian, is borrowing through the Federal Reserve In other words, the Fed is printing the money out of nothing.

[38] It's devaluing the dollar.

[39] It's causing inflation.

[40] And that is a hidden tax on people today that is paid today.

[41] And that is why the cost of living has exploded under the Biden administration.

[42] In an update to a story we ran this morning, the California state Supreme Court has blocked a measure set for November's ballot that would have tightened tax rules.

[43] The measure would have required voter approval for state and local.

[44] tax hikes, setting a higher threshold for passage.

[45] The decision sides with Governor Gavin Newsom and state democratic leaders who argued that it would undermine government funding.

[46] Proponents, though, argued for greater taxpayer control amid rising costs.

[47] The state of Missouri has filed a lawsuit against IBM accusing the tech giant of imposing racial and gender quotas in its hiring and promotion practices.

[48] Daily Wire reporter Spencer Lindquist has the details.

[49] Republican Attorney General Andrew Bailey alleges that these practices violate the Missouri Human Rights Act.

[50] The lawsuit, which was filed in St. Louis County, claims that IBM uses a diversity modifier to enforce quotas, rewarding executives who meet them and penalizing those who don't.

[51] Bailey asserts that this policy leads to workplace discrimination.

[52] IBM denies the allegations stating that it does not use quotas.

[53] The state seeks to stop IBM from using the practices they're alleged of, citing recent Supreme Court rulings against similar policies.

[54] Here's what Attorney General Bailey told Morning Wire.

[55] It's unfair to the people who receive employment or promotion and are left to wonder if they actually earned it.

[56] I mean, essentially the corporation is telling them you weren't good enough.

[57] We had to racially gerrymander to get you to where you are.

[58] It's also unfair to those who works hard and achieved, but were held back by the corporation solely because of the color of their skin.

[59] And finally, the consumers, IBM owes it to their customers, produce quality products, but instead they're advancing radical and racially divisive ideology ahead of merit and achievement.

[60] And beloved actor Donald Sutherland, more recently known for his role as President Snow in the Hunger Games, has died at age 88.

[61] His son Kiefer Sutherland confirmed the news today.

[62] Sutherland's career spanned over six decades and his versatility shown in films like Kelly's heroes and ordinary people.

[63] All right, those are your drive home updates this afternoon.

[64] To learn more about these stories, go to dailywire .com and for more in -depth discussion of the biggest stories of the day, listen to our latest full episode of Morning Wire every morning.