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WASHINGTON (Reuters) -The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the Treasury Department said on Wednesday in a report that started off a new fiscal year with a big hole to be turned over to President-elect Donald Trump in January. The Treasury said the October deficit was up 287% from the $67 billion deficit in October 2023, but calendar adjustments in benefit payments had cut that month's deficit nearly in half. A U.S. Treasury official also said that in October 2023, the Treasury received about $75 billion in tax payments that had been deferred by wildfires in California and other natural disasters that year.
The Tesla bigwig is now sharing his take.
The former national security adviser warned that this single trait "won't serve the country well."
Fox Business Network's Edward Lawrence questioned the White House press secretary over Joe Biden calling Trump a "threat" to democracy.
Video footage shared by Ukraine's 33rd Separate Mechanized Brigade appears to show a devastating attack on a Russian convoy in Donetsk.
Elon Musk will co-lead the Department of Government Efficiency and has already started crowdsourcing suggestions for cuts online.
Here are some of the most outrageous things Pete Hegseth has said.
Former national security adviser John Bolton said Wednesday that former Rep. Tulsi Gabbard (Hawaii) and Rep. Matt Gaetz (R-Fla.) — President-elect Trump’s nominees for director of national intelligence and attorney general, respectively — should not appear for their Senate confirmation hearings until they are investigated by the FBI. In an interview on NewsNation’s “The Hill,”…
Within minutes of President-elect Donald Trump’s announcement of Fox News host and Army veteran Pete Hegseth as his selection for Secretary of Defense, current and former senior military commanders began messaging and calling me with their reactions. “Ridiculous,” said one. “An effing (euphemism inserted) nightmare,” said another. To be clear, these were not partisans, but senior commanders who have served under both Presidents Trump and Joe Biden.
Sen. Lindsey Graham (R-SC) pleaded with fellow Republicans to back Donald Trump’s choice as attorney general, Matt Gaetz, after initially sounding skeptical about the bombshell pick. Appearing on Fox News’ Hannity on Wednesday, Graham said: “To every Republican, give Matt a chance.” His remark came amid a growing rebellion from GOP ranks over the surprise decision. Several Republican senators openly showed their disdain, saying it wasn’t a “serious” appointment.
There might not be any love lost between Melania Trump and Jill Biden. The current first lady extended an invitation to the White House for tea on Wednesday, Nov. 13, but Melania isn’t coming. Her husband, President-elect Donald Trump, is meeting with President Joe Biden, so it was an opportunity for the two women to …
‘God help us,’ Representative Maxwell Frost, a fellow Floridian, posted in response to the news
Putin is already messing with his head.
The Taliban Supreme Court on Wednesday announced the public execution of a convicted murderer in Afghanistan’s eastern province of Paktia. Taliban officials and local residents observed the execution, which took place in a sports stadium in the regional capital Gardez. In a statement, the Supreme Court identified the convicted murderer as Ayaz Asad, a local resident of the province who had intentionally killed another Afghan using a Kalashnikov rifle. The execution was carried out after the vict
"He will not have a huge economy if I have anything to say about it."
This is a national security disaster.
"someone wake me up when hulk hogan is announced as FBI director"
President Joe Biden and President-elect Donald Trump met in the Oval Office for nearly two hours on Wednesday, resuming a hallmark of America's peaceful transfer of power that Trump himself flouted in 2020. President Biden spoke first, calling for a "smooth transition" and telling Trump he would do "everything we can to make sure you're accommodated." "Politics is tough, and it's, in many cases, not a very nice world but it is a nice world today," Trump said.
White House Down Babyish billionaire Elon Musk and Donald Trump have been growing closer recently, though the President-elect's team is reportedly weary of their relationship. “He’s behaving as if he’s a co-president and making sure everyone knows it,” one person familiar with the matter told NBC News. Recently, Trump announced that Musk and former Republican […]
WASHINGTON (Reuters) -Members of President-elect Donald Trump's transition team are drawing up a list of military officers to be fired, potentially to include the Joint Chiefs of Staff, two sources said, in what would be an unprecedented shakeup at the Pentagon. The planning for the firings is at an early stage after Trump's Nov. 5 election victory and could change as Trump's administration takes shape, said the sources, who are familiar with the Trump transition and requested anonymity to speak candidly about the plans. One of the sources questioned the feasibility of a mass firing at the Pentagon.
President-elect joked on Wednesday that ‘Elon won’t go home’ and that he ‘can’t get rid of him’
Donald Trump selected Elon Musk and Vivek Ramaswamy to identify areas for government-spending cuts. The US spends the most on Social Security.
I can't believe I've never seen this before.
On Wednesday, a new slate of witnesses provided fresh testimony to Congress on UFO sightings and what the government may (or may not) know about them.
Former Fox News host Gretchen Carlson said she was “stunned” Tuesday by Donald Trump’s intention to nominate Fox & Friends host Pete Hegseth as his Secretary of Defense. “From silly diner interviews on Weekend Fox and Friends to Secretary of Defense?“ Carlson wrote on X. ”I never thought I’d say I’m stunned about any pick after the election but nominating Pete Hegseth for this incredibly important role? Yes he’s a veteran … and?" Others with ties to Fox were “stunned” as well, but in a more posi
Chuck Schumer still has a way to rein in Donald Trump.
Trump has chosen Pete Hegseth as his defense secretary. On a podcast last week, Hegseth said he didn't want US intervention forcing Putin's hand.
Here's what to know about Trump's eldest grandchild Kai, who made her political debut earlier this year at the Republican National Convention.
Trump has thrown out the idea of a third White House term before, despite an amendment to the Constitution that established term limits for presidents
People face financial ruin from frivolous prosecution. To combat this, President Biden should preemptively pardon those who might be on a Trump enemies list.
Pete Hegseth said he was the victim of a “partisan” decision.
(Bloomberg) -- Former House Speaker Kevin McCarthy predicted that President-elect Donald Trump’s nomination of Matt Gaetz to be attorney general would be rejected by the Republican Senate next year.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsArizona Elections Signal
Republicans have secured a majority in the House of Representatives with a two-seat advantage. However, it is quite slim because some key races have yet to be called. President-elect Donald Trump's cabinet nominations have also raised concern about the possibility of seat vacancies.
The MSNBC anchor also pointed out the “funniest” part of the president-elect’s press release about the billionaire’s new role.
Young voters were supposed to “lead the evolution of our nation.” Yeah, about that …
‘I never thought I’d say I’m stunned about any pick after the election but nominating Pete Hegseth for this incredibly important role?’ Gretchen Carlson questioned
Joe Biden offered a bizarre response to an Israeli journalist who asked him if he thought he could make a deal to free the hostages held by Palestinian militant group Hamas before he leaves office in January. “Do you think you can keep from getting hit in the head by that camera behind you?” the president told Neria Kraus, a correspondent for Israel’s Channel 13 News, apparently referring to the equipment of the crew recording the meeting. He immediately launched into a different topic after the
When President-elect Trump takes office in January, he'll be forced to tackle a slew of major tech policy questions.
The Houthis launched a complex attack consisting of anti-ship missiles and drones, a Pentagon spokesperson said Tuesday.
Republicans have won enough seats to keep control of the House of Representatives, ABC News projects, clinching a unified GOP government in Washington. Republicans are projected to hit the 218-seat threshold in the House and Republicans have also won at least 52 seats in the Senate, with incumbent Pennsylvania Democrat Bob Casey trailing Republican Dave McCormick with a winnowing number of votes left to count. Each party ultimately saw incumbents in tough House districts lose, but in the end, Democrats were not able to take full advantage of a map that had 17 Republicans running for reelection in districts that President Joe Biden won in 2020.
Pollster Nate Silver said he believes there is “hidden good news” for Democrats in the 2024 election results, despite the party wondering where its messaging went so wrong. In his newsletter, Silver Bulletin, Silver broke down his thoughts on the election and the major loss for Democrats. Silver discussed the party pointing fingers about Vice…
A state agency has told Dolton Mayor Tiffany Henyard her temporary choice for police chief is “not authorized to exercise law enforcement authority” and urged her to remove him from public service. Tiffany Henyard, at a Nov. 6 Village Board meeting, named Ronnie Burge Sr. to a temporary 30-day posting as chief, after trustees voted against the appointment. A Nov. 8 letter from the Illinois Law ...
The 2024 election results suggest that the Trump majority may soon have cause for second thoughts, as the proposed tax cuts and tariffs could lead to increased inflation and worker shortages, leading to higher interest rates and a more expensive labor force.
President-elect Trump has a lot of ideas, and potential policy changes related to foreign trade and manufacturing could be a boon for one particular chip company.
By ridding Donald Trump of the risk of prosecution, the DOJ would be committing three critical mistakes.
President-elect Donald Trump tapped firebrand former congressman Matt Gaetz to be his attorney general without telling his incoming chief of staff. Trump was advised to make the shock decision by his longtime advisor Boris Epshteyn, who was indicted earlier this year in Arizona for his alleged participation in a fake electors scheme, according to a report in Politico. Epshteyn and Gaetz were part of a MAGA entourage on Trump’s plane yesterday flying to Washington, D.C. along with the president-e
“These men and women in the Senate, these men and women in the House don’t want to cross him," Willie Geist says The post ‘Morning Joe’ Says Lack of Republican Criticism of Pete Hegseth as Defense Secretary Pick Shows ‘The Power of Trump’ appeared first on TheWrap.
The last time Donald Trump was in the Oval Office, he scrawled out a two-page letter to Joe Biden in his distinctive jagged penmanship, slipped it into the drawer of the Resolute Desk and — notwithstanding the note’s surprisingly gracious tone — walked away from the building defeated and bitter.
The senator and Iraq War veteran hit back at Pete Hegseth's comments that women shouldn't serve in combat roles.
Rep. Mike Rogers (R-Ala.) said he believes President-elect Trump will move the Space Command to Alabama in his first week in office. During an interview with Mobile, Ala., radio FM Talk 106.5 that aired Monday, Rogers, who is the House Armed Services Committee chair, said he expects Trump will immediately reverse the decision made by…