Matt Gagnon discusses his dislike for the “big, beautiful bill,” criticizing its $2 trillion annual debt and the Democratic Party’s stance on wealth. He argues that taxing billionaires like Elon Musk wouldn’t solve the deficit and highlights the financial consequences of such actions. Gagnon emphasizes the need for serious spending reforms and criticizes the lack of substantive ideas from the Democratic Party. He also mentions the importance of adversarial debate in society and praises thoughtful, respectful conversations, contrasting them with disingenuous calls. The conversation touches on the economic impact of corporate tax rates and the necessity of certain tax changes.
Days of downpours have begun in Hawaii. The Southwest will soon bake with day after day of record 100-degree-plus (38 Celsius-plus) heat. Two storms will dump snow by the foot over northern Great Lakes states. And the dreaded polar vortex will again invade the Midwest and East with soul-crushing Arctic chill. This forecast of extremes comes as weather whiplash has already hit much of the East.
An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently elevated even before the Iran war caused spikes in oil and gas costs.
A man with a rifle who crashed into a large Michigan synagogue in what federal officials are saying was an attack had lost four family members in an Israeli airstrike in his native Lebanon last week, an official said Friday.
House lawmakers were digging into Jeffrey Epstein's sprawling financial portfolio on Wednesday as a committee deposed his former accountant and tried to understand his connections to some of the world's wealthiest men.
