Institute on Taxation and Economic Policy

Wisconsin Rep. Gwen Moore introduced a bill to repeal the federal school voucher tax credit program, which provides tax incentives for donations to private school scholarship organizations. The program, created under President Donald Trump, could cost up to $51 billion annually and faces opposition from Moore and several Democratic governors, who argue it diverts funds from public schools.

DTE Energy did not pay federal income taxes for the 12th consecutive year in 2025 despite reporting $1.54 billion in profits, citing tax breaks from infrastructure and clean energy investments. The company is seeking a 9.7% electric rate hike and has received hundreds of millions in tax cuts over the past decade.

Higher fuel prices stemming from the Iran war and inflationary pressures are causing Americans to scale back summer travel plans for Memorial Day weekend. Many families are substituting expensive trips with local alternatives and shorter getaways, though 45 million Americans are still expected to travel at least 50 miles from home.