Today's Edition:  Record-Setting $1.4M Justify Filly Leads The Way at OBS · Baeza Set for Summer Showdown · Royal Ascot Coverage 2

Congressman Andy Barr

“Big Beautiful Bill Act” Passes With Positive And Negative Implications For Racing

The One Big Beautiful Act (OBBBA), passed by Congress and expected to be signed into law by President Trump, makes permanent 100% bonus depreciation, an important incentive for Thoroughbred breeders and owners, but also has negative implications for gamblers that are concerning to the industry. The Republican-controlled House of Representatives passed the bill on Thursday, and now the bill heads to President Trump's desk to be signed, which is expected to happen on Friday, July 4. The bill extends Trump's 2017 tax cuts, approves hundreds of billions of dollars on...

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Update By NTRA's Rooney On Threatened US-Canada Tariffs

Amid the fluid nature of the threatened 25% tariff on Canadian goods (those subject to the United States-Mexico-Canada Agreement) entering the U.S. set to be enacted on April 2, one confusing aspect has surrounded just how long a horse entering the U.S. from Canada can reside in the country before a tariff will be imposed. As per the Harmonized Tariff Schedule of the United States, "We believe that horses from Canada can enter the United States for extended periods without paying duties under certain conditions," said Tom Rooney, president and chief...

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Gravitas Of Integrity The Focal Point During Investigator Conference At Keeneland

Lexington, KY - With a view overlooking the massive renovation of the Keeneland paddock, professional equine investigators soaked up the latest techniques in the trade and engaged some of the most pressing issues across racing during the first day of the 29th annual Organization of Racing Investigators (ORI) Training Conference on Monday. The ORI is a member organization which is composed of investigators who hail from jurisdictions across the U.S. and includes an international cadre as well. The conference's purpose is to create a resource where these shoe leather detectives...

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