All posts tagged "Deficit"

Former Republican strategist Rick Wilson is warning that a desperate Donald Trump has turned to the "Roy Cohn Distraction Playbook" — named for Trump's ethically-challenged mentor — to cover for the serious schism roiling within the MAGA movement.

Wilson claimed that Trump's chief-of-staff Susie Wiles fired "the Fort Sumter shot of the MAGA civil war" by pushing DOGE head Elon Musk out of the White House last week. Musk reportedly wanted to stay on past his 130 days as a "special government employee," but Wiles had had enough.

Shortly thereafter, Musk publicly raged at Trump's spending bill that passed the House, calling it a "disgusting abomination" that will put the United States into "slavery" for adding $2.4 trillion to the national debt....

Rep. Pete Sessions (R-TX) confounded CNN host John Berman over his justification for passing President Donald Trump's spending bill after claiming he was against adding to the national debt.

"You just talked about your opposition to deficit spending," Berman said. "The CBO — Congressional Budget Office — just put out figures that this will add $2.4 trillion to the national debt."

Sessions said that the struggle over the "one big beautiful bill" isn't "a perfect battle" for Republicans, but it has to be passed. ...

CNN's Brianna Keilar was shocked Friday as a former Green Beret-turned Republican congressman refused to knock Trump for his comments aimed at Ukrainian President Volodymyr Zelenskyy.

On Thursday, Trump referred to the leader of the war-torn nation as a "dictator," and suggested he was at fault for Russia's invasion of the country.

Keilar repeatedly pressed Rep. Pat Harrigan (R-NC), about Russian President Vladimir Putin's threat to democracy if the U.S. doesn't do more to help Ukraine, but the North Carolina Republican kept steering the conversation back to the deficit. ...

Though he drew a less-than-capacity crowd at the early morning plenary of the Take Back The American Dream summit (and skipped answering questions in favor of an appearance on the CBS Morning show), Rep. Barney Frank's (D-MA) appearance got his lefty audience on their feet for his speech about cutting military spending -- before he'd even said a word.

WASHINGTON (Reuters) - The numbers are devastating: almost 2,000 poor kids in Texas with cancer, another 18,000 with diabetes and more than 350,000 suffering from chronic lung disease, heart disease or stroke.

World oil prices slid on Monday, as tumbling global equities and fresh fears of a Greek default sparked concern over the energy demand outlook, with the market also hit by the strong dollar.