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Three things to know about the $40 trillion federal debt
The U.S. federal debt hit a record $40 trillion this week. The debt has doubled since 2017, and just paying interest on the accumulated debt now costs the government more than $1 trillion a year.
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What to know about Dr. Heidi Overton, Trump’s pick to lead the FDA
Dr. Heidi Overton is currently working as a White House policy aide. If confirmed, she would lead an agency of 18,000 staffers who study and regulate food, drugs, medical devices, tobacco and more.
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Texas, Iowa Senate races shift to toss-ups: Cook Political Report
The nonpartisan election handicapper Cook Political Report shifted its ratings for both the Texas and Iowa Senate races to toss-ups Thursday as Republicans grapple with a scandal-ridden candidate in the Lone Star State and a shifting political environment that could favor Democrats in Iowa. Jessica Taylor, Cook Political Report Senate and governors editor, wrote…
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Alarm bells for JD Vance as devastating new poll has Democrat who swears he’s NOT running crushing him
A new Emerson College Polling survey shows Georgia Senator Jon Ossoff leading Vice President JD Vance by five points in a hypothetical 2028 presidential matchup, despite Ossoff repeatedly insisting he has no interest in running and is focused solely on his Senate re-election campaign. The finding is notable partly because Ossoff recently gained national attention…
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Michigan Dem invokes comparison to Jesus when pressed on socialist views: ‘Radical in his time, too’
Michigan’s Democratic US Senate nominee, Abdul El-Sayed, compared his “radical” policy positions to the teachings of Jesus Christ during a podcast appearance, after being pressed on his socialist-leaning views. The remarks came in an episode of the Progressive Christians Podcast that aired in May, when El-Sayed, who is Muslim, was asked how his faith intersected…
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Live updates: Cook Political Report shifts Texas, Iowa Senate races; Bessent downplays $40T debt
The nonpartisan Cook Political Report moved both the Texas and Iowa Senate races from “lean Republican” to “toss up,” a major shift for the deep-red states with less than three months until the midterm elections. Elsewhere, Treasury Secretary Scott Bessent said Thursday that the U.S. can “grow our way out” of the national debt, which…
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Newsom on whether he’d be a good president: ‘I have no idea’
California Gov. Gavin Newsom (D) said Thursday that he was unsure whether he would make a good president, amid growing speculation he will run for the White House in 2028. Asked during an interview with “Detroit Talk City” if he would be a good president, Newsom responded: “That’s a, that’s a difficult question to answer.”…
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Why is US bond market turmoil hitting governments worldwide? | Richard Partington
Government borrowing costs around the world have surged to their highest levels in decades, driven by turmoil in the US bond market. Anxiety over Donald Trump’s handling of the economy, combined with fears that his conflict with Iran is fuelling inflation, has triggered a sell-off in US Treasury bonds, and because they underpin global financial…
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Aide to woke NYC mayor hints they’ll hand taxpayer cash to grocery stores whose business is hit by upcoming government-run supermarkets
An aide to New York City Mayor Zohran Mamdani has suggested the administration could offer taxpayer-funded financial support to privately owned grocery stores that lose business once city-run supermarkets open, according to the Daily Mail. The idea has drawn criticism as an example of the mayor’s expansive approach to public spending, with critics questioning why…
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GOP senator places hold on Trump nominees over wetlands policy
Republican Sen. Kevin Cramer (N.D.) is placing a hold on all future Trump nominees over the administration’s approach to wetlands. In a statement shared with The Hill, Cramer expressed disappointment that the administration is leaving a Biden-era wetland policy in place for the time being — and indicated that he would not advance the president’s…