The federal budget deficit is projected to reach 120 percent of GDP by 2036, and 175 percent by 2046, due to a combination of tax cuts and increased spending, requiring both tax increases and benefit reductions to address the issue.
While the administration continues to launch controversial initiatives, the institutions designed to provide checks and balances are pushing back, because there is a right and a wrong way to do things. The result is a president who increasingly finds himself spending time defending plans instead of advancing them. And the only accomplishment has been a birthday celebration.
Click in for The Hill's midday newsletter with all the latest news. {beacon} 12:30 REPORT 12:30 REPORT June 5, 2026 | By Cate Martel Today in DC: ☀️ 88° View Online | Sign up Happy Friday! I’ve been listening to Taylor Swift’s new “Toy Story 5” song all morning. “Man, it's been a while, But I knew it, I knew you.” 🎵 In...
Rep. Ilhan Omar (Minn.) was the only Democrat to vote against a bill that passed the House Thursday that would provide new military assistance to Ukraine and impose sanctions on Russia, breaking with her party as it delivered a bipartisan blow to President Trump’s foreign policy. “I have always, and will continue, to stand with...
Former National Counterterrorism Center Director Joe Kent endorses Mark Lynch, a candidate challenging Sen. Lindsey Graham in the South Carolina GOP U.S. Senate primary.