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‘What gives?’ MSNBC analyst explains why deficit exploded under Trump

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As many progressive economists anticipated, the GOP tax-cut bill—thought to primarily benefit the wealthy—has failed to stimulate the economy in a way that benefits the rest of Americans.

On MSNBC Tuesday, host Ali Velshi explained why so far the tax cuts appear to have succeeded in ballooning the deficit.

CNBC editor-at-large and policy analyst John Harwood then explained why, even though it seems counterintuitive, the deficit has grown under Republican presidents, and shrunk during the Democratic administrations of Bill Clinton and Barack Obama.

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“What gives?” Velshi asked.

“Well, what gives is we have a very consistent pattern,” Harwood said. “It’s gone all the way back to Ronald Reagan.”

“Why is that? The Republicans cut taxes,” Harwood observed.

He pointed out that Trump administration officials, including Steve Mnuchin, promised that the deficit would not rise if they cut taxes.

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“Well guess what?”

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Mike Pence should be investigated for his part in Ukraine negotiations and ‘we need some answers’: Ex-prosecutor

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On MSNBC's "AM Joy" Saturday, former federal prosecutor Joyce Vance agreed with host Joy Reid that Vice President Mike Pence could be involved in the Ukraine whistleblower cover-up — and that Congress needs to act to learn the truth for the American people.

"Let me go to you on this very quickly, Joyce, because here's the question for Mike Pence," said Reid. "Mike Pence has been sort of severed from all of the other questions that are relating to potential impeachment for Donald Trump, that the House is wrestling with right now, but if Pence ... went in knowing why the aid was being held up, went in and spoke to the leader of Ukraine knowing what stick the administration had over them, and in that way was drawn in to this idea of using that stick to try to get what they wanted from Ukraine, does he then face the jeopardy of perhaps also being drawn into the questions of impeachment?"

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‘We’re not through’: After biggest climate protest in history draws 4 million worldwide, campaigners prepare for week of action

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"September 20th was a demonstration of intent, of 4 million people who took time off from work or school to say that they are ready to move on and make the changes we need."

As organizers behind Friday's Global Climate Strike reported that four million children and adults attended marches and rallies all over the world—making it the biggest climate protest ever—they assured leaders who have been reticent to take bold climate action that the campaigners' work is far from over.

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Saudi Arabia reveals extent of damage to attacked oil plants

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Saudi Arabia on Friday revealed extensive damage to key oil facilities following weekend aerial strikes that were blamed on Iran, but vowed to quickly restore full production even as regional tensions soar.

Yemen's Tehran-linked Huthi rebels, who on Friday announced a sudden halt to attacks on Saudi Arabia, claimed the strikes on state giant Aramco's facilities in Khurais and the world's largest oil processing facility at Abqaiq.

But Washington has pointed the finger at Tehran, condemning an "act of war" which knocked out half of Saudi Arabia's oil production and on Friday prompted US President Donald Trump to sketch out the latest in a series of economic sanctions against Iran.

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