JD Vance to EU: Deregulate AI or the US Will Lead, Slams Europe’s Overregulation of Tech
Video Credit: Oneindia - Duration: 03:04s - Published
JD Vance to EU: Deregulate AI or the US Will Lead, Slams Europe’s Overregulation of Tech
At the Paris AI Summit, JD Vance, US Vice President, warned the EU about overregulation in AI.
Criticizing Europe’s Digital Services Act (DSA) and GDPR, Vance argued that excessive regulation could stifle innovation.
Praising the US’s "open regulatory environment," he reaffirmed America’s dominance in AI technology.
He also took aim at authoritarian regimes, cautioning against partnerships that could harm global tech progress.
Vance’s speech reinforced the US’s intent to lead the global AI race.
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As Trump pledges 10 Patriot missiles to Kyiv, the EU is preparing a massive €100 billion support plan for Ukraine, potentially the largest in the war. Framed as the final phase against Putin’s forces, the package—slated to begin in 2028—would blend grants and soft loans tied to reforms. Proposed under the EU’s next seven-year budget, it signals long-term Western backing. Moscow decries the move as NATO-driven escalation, warning it exposes the EU’s dependency on U.S. strategy.
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A massive new tax and spending bill, championed by Donald Trump as his "big, beautiful bill," has cleared major congressional hurdles and is now facing a final, contentious vote. The legislation proposes a sweeping overhaul of the US economy, extending Trump's 2017 tax cuts while significantly boosting defense and energy spending and allocating new funds for border security. This move has ignited a political firestorm in Washington D.C., creating deep divisions not only between parties but within the Republican ranks and even straining Trump's relationship with high-profile supporters like Elon Musk.
The funding for this ambitious bill is at the heart of the controversy. The Republican proposal outlines deep cuts to essential social safety nets, including Medicaid, the Supplemental Nutrition Assistance Program (SNAP), and other low-income assistance programs. According to the Congressional Budget Office, these changes could result in nearly 12 million Americans losing their health coverage. The bill also introduces new work requirements for childless, able-bodied adults to receive Medicaid and SNAP benefits.
The financial implications are staggering. The bill is projected to add an estimated $3.3 trillion to the national debt over the next decade, a figure that has caused alarm and division among fiscal conservatives in the GOP. Social Democrats like Bernie Sanders have fiercely condemned the bill, labeling it a "handout to Trump’s rich allies." In a tense Senate session, Vice President JD Vance had to cast a tie-breaking vote to advance the legislation.
Despite the backlash, the bill contains provisions aimed at working-class voters, such as eliminating federal taxes on tips and overtime pay. However, House Democrats have blasted the legislation as a "reckless, regressive GOP tax scam" ahead of the crucial midterm elections. As the final vote looms, Trump has urged Republican lawmakers to "stay united" and pass the bill, which also includes a provision to raise the debt ceiling by $5 trillion.
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Trump’s sweeping tax and spending bill has cleared a key Senate hurdle with a narrow 51–49 vote, advancing to final debate. The multi-trillion-dollar plan slashes taxes, boosts military and border spending, and cuts social programs like Medicaid. Trump praised the vote as a “great victory.” GOP leaders lobbied hard, with VP JD Vance and Trump personally courting key senators. Democrats vow delays with procedural tactics, as a final vote and a long “vote-a-rama” amendment marathon loom ahead.
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Hundreds of thousands gather to mark 30th anniversary of Budapest Pride despite Orban ban
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US Vice President JD Vance on Tuesday warned global leaders and tech industry executives that “excessive regulation” could cripple the rapidly growing artificial intelligence industry in a rebuke..
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