Trump's Republicans are set to gain control of Congress, pushing an agenda of tax cuts, border security, and deregulation. However, their plan could add trillions to the national debt, challenging their goal of reducing the $35 trillion deficit.
Donald Trump’s Republicans are likely to take control of both chambers of Congress, giving them power to push a broad agenda of tax cuts, energy deregulation, and border security. However, this could conflict with their goal of reducing the $35 trillion debt. Republicans secured a 52-48 Senate majority and are expanding their House lead, though 51 races remain uncalled.
Key priorities include extending Trump’s 2017 tax cuts, funding the border wall, and reducing the power of agencies like the Consumer Financial Protection Bureau.
Trump’s tax proposals could add $7.5 trillion to the debt over the next decade. The deficit hit $1.833 trillion in 2024, with interest on debt topping $1 trillion.
Republicans argue that Trump’s previous tax cuts boosted revenue, aiming to replicate early-term economic growth. However, critics, like Marc Goldwein from the CRFB, say the increase in tax receipts is driven by inflation and does not reflect actual growth.
Democrats are growing increasingly discouraged about the direction of their party, according to a new AP-NORC poll released six months after Donald Trump returned to the presidency.
President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary.
"A defeat does not mean we're defeated," US President Joe Biden told disappointed Democrats after Donald Trump's election win. He urged Americans to "bring down the temperature."
Mexican President Claudia Sheinbaum congratulated Donald Trump on his election victory, calling for dialogue and respect for sovereignty. She expressed confidence in strong U.S.-Mexico relations and reassured the public despite market instability.
Elon Musk stands to gain from his ties to President-elect Trump, with Tesla shares surging post-election. Trump's policies, including deregulation and tariffs on Chinese imports, could benefit Musk’s businesses, including Tesla and SpaceX.
President Donald J. Trump will deliver a televised address to the nation at 10:00 P.M. tonight from the White House, following a United States military operation in Iran that he described as “very successful.”
The Netherlands has officially returned 119 Benin Bronzes to Nigeria, more than a century after they were looted during Britain’s 1897 invasion of the former Kingdom of Benin, now in southern Nigeria.
President Donald Trump announced that US forces struck three Iranian nuclear facilities, including Fordow, Natanz, and Esfahan, marking direct American involvement in the ongoing Israel-Iran conflict.
Turkish President Recep Tayyip Erdogan on Saturday held a series of high-level meetings in Istanbul with senior officials from the UN, Qatar, Pakistan, and Iran, amid growing regional tension following Israel's attacks on Iran.
Iran’s Islamic Revolutionary Guard Corps (IRGC) launched another wave of drone attacks on Israel overnight, in what it calls the 19th round of strikes targeting strategic sites across the country.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
The USS Nimitz is heading to the Middle East amid tensions between Israel and Iran. The U.S. aircraft carrier has a decades-long history in the region, from the 1979 hostage crisis to modern deployments, often serving as a key asset during periods of rising friction with Iran.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
Eight men were arrested Friday morning following a violent clash near the Iranian embassy in London, police confirmed.
The Netherlands has officially returned 119 Benin Bronzes to Nigeria, more than a century after they were looted during Britain’s 1897 invasion of the former Kingdom of Benin, now in southern Nigeria.
President Donald J. Trump will deliver a televised address to the nation at 10:00 P.M. tonight from the White House, following a United States military operation in Iran that he described as “very successful.”
President Donald Trump announced that US forces struck three Iranian nuclear facilities, including Fordow, Natanz, and Esfahan, marking direct American involvement in the ongoing Israel-Iran conflict.
Turkish President Recep Tayyip Erdogan on Saturday held a series of high-level meetings in Istanbul with senior officials from the UN, Qatar, Pakistan, and Iran, amid growing regional tension following Israel's attacks on Iran.
President Donald J. Trump will deliver a televised address to the nation at 10:00 P.M. tonight from the White House, following a United States military operation in Iran that he described as “very successful.”
The Netherlands has officially returned 119 Benin Bronzes to Nigeria, more than a century after they were looted during Britain’s 1897 invasion of the former Kingdom of Benin, now in southern Nigeria.
President Donald Trump announced that US forces struck three Iranian nuclear facilities, including Fordow, Natanz, and Esfahan, marking direct American involvement in the ongoing Israel-Iran conflict.
Turkish President Recep Tayyip Erdogan on Saturday held a series of high-level meetings in Istanbul with senior officials from the UN, Qatar, Pakistan, and Iran, amid growing regional tension following Israel's attacks on Iran.
Iran’s Islamic Revolutionary Guard Corps (IRGC) launched another wave of drone attacks on Israel overnight, in what it calls the 19th round of strikes targeting strategic sites across the country.
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