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| The VIRA Briefing August 17, 2026 |
| Lead Story Windfall Profits, Windfall Fight Oil giants are cashing in on a war-driven price spike, and Washington has noticed. Analysts at Wood Mackenzie peg the industry’s 2026 windfall — profit beyond what was expected before the U.S.-Israel war with Iran began — at $495 billion, with Chevron alone posting its best quarter in six years. Three bills now sit in Congress aiming to tax the excess, and even President Trump has said producers are “making too much money.” Economists caution the politics may be simpler than the policy: a 1980s windfall tax raised far less revenue than promised while denting domestic drilling. Read the full story → |
| Also Today The “100%” Schools ProPublica Flagged A ProPublica investigation found a hidden tier of private schools nationwide — 39 in Wisconsin alone — that draw all or nearly all their tuition from taxpayer-funded vouchers while facing none of the oversight public schools do. Reporters trace how these “quasi-public” schools operate in a regulatory blind spot, raising fresh accountability questions wherever voucher programs are expanding fastest. Continue reading → |
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The VIRA Briefing — August 17, 2026
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