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Romney Proposes Wealth Tax Amid Political Shifts and Energy Controversy

12/23/2025

27 3 Full Breakdown

Summary

Story summary

Former Senator Mitt Romney (R-Utah) proposed higher taxes on wealthy individuals to address potential Social Security cuts.
Senator Ted Cruz (R-Texas) weighs a 2028 run and faces competition from JD Vance, a Republican, who has gained endorsements.
Trump administration paused leases for five offshore wind farms citing national security concerns, drawing criticism from energy companies and renewable-energy advocates.

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Story summary

Former Senator Mitt Romney (R-Utah) proposed higher taxes on wealthy individuals to address potential Social Security cuts.
Senator Ted Cruz (R-Texas) weighs a 2028 run and faces competition from JD Vance, a Republican, who has gained endorsements.
Trump administration paused leases for five offshore wind farms citing national security concerns, drawing criticism from energy companies and renewable-energy advocates.