Curbing restrictions: Proposed federal rules for the new Federal Scholarship Tax Credit program would limit Louisiana’s ability to restrict eligible scholarship organizations, allowing groups to fund private school tuition as well as services such as tutoring for public school students. Individuals would be allowed to claim a dollar-for-dollar federal tax credit of up to $1,700 annually for donations to approved scholarship organizations. The proposal could significantly expand education funding, but Louisiana still must determine how the program will interact with existing scholarship programs and meet new oversight, reporting and audit requirements. The Center Square has the full story.
Maintaining AI supremacy: President Donald Trump has tapped Director of National Intelligence Jay Clayton to lead a new federal task force focused on artificial intelligence, which he calls the “Super Intelligence Force.” The group will coordinate efforts to maintain U.S. leadership in AI and will engage with consumers, public-interest groups, religious organizations, critical infrastructure providers and AI companies. Other members include FTC Chair Andrew Ferguson, Pentagon technology chief Emil Michael and U.S. Office of Personnel Management Director Scott Kupor. The Associated Press has the full story.
Broader mix: General Motors plans to add hybrid vehicles to its U.S. lineup as rising hybrid demand, higher gas prices and slowing EV sales reshape consumer preferences. GM has been largely absent from the hybrid market while prioritizing an all-electric future, but executives now say the company needs to offer a broader mix of technologies to meet customer demand. U.S. hybrid sales rose 23% year over year in the second quarter to a record 16.3% of vehicle sales, compared with about 5.8% for EVs, putting pressure on GM to catch up with competitors. CNBC has the full story.
