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.
Tropical Storms Karina and Lowell formed Thursday in the Pacific Ocean, both of which were expected to become hurricanes in the next few days, the National Hurricane Center said.
A new study suggests that El Ninos — the natural climatic chaos agent that pops up periodically and spikes global temperatures — are getting stronger because of human-caused climate change.
Two unvaccinated Pennsylvania residents have died after being infected with measles, the first U.S. deaths this year related to the contagious virus. State health officials announced the deaths Tuesday. They did not reveal any details about the people who died, other than that they lived in Lancaster County, west of Philadelphia.