Matt Gagnon criticizes the recent passage of a significant bill, highlighting the disparity between the House and Senate’s visions. He argues that the bill, while a political win, fails to address the $2 trillion annual deficit, which he deems a critical issue. Gagnon criticizes the tax cuts as insufficient and points out that the bill’s spending, particularly on defense, exacerbates the problem. He emphasizes the need for substantial spending cuts, particularly on entitlements like Social Security and Medicare, to stabilize the economy. Gagnon warns of a future economic calamity if these issues are not addressed.
Storms barreling across the heart of the United States continued to threaten rain and pose flooding risks Thursday after causing at least one death when a man apparently was struck by lightning in Wisconsin.
Tiger Woods ' attorney intends to fight an attempt by prosecutors to subpoena the golfer's prescription drug records following his arrest last month in Florida on suspicion of driving under the influence.
Democratic Rep. Eric Swalwell's abrupt exit from the race for California governor left his rivals scrambling to lock down his former supporters in a crowded contest with no clear leader, injecting more turmoil into the campaign to lead the nation's most populous state.
The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House.
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