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.
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Donald Tusk have criticised Britain, France and Germany for leaving them out of talks...
Legions of security officers and police are being deployed for the 2026 FIFA World Cup as organisers prepare for what officials describe as an unprece...
Authorities in the western Afghan city of Herat have arrested at least 30 women for allegedly breaching dress rules imposed by the Taliban, according ...
The United States and Iran have traded fresh strikes, with the U.S. hitting military sites and Iran launching missiles and drones at bases and ship...
The International Labour Organization has adopted the first-ever international agreement aimed at protecting digital platform workers, marking a major...
Thousands of revellers packed Berga's main square as fire-devil performers showered the crowd with sparks during Catalonia's UNESCO-listed La Patum festival.
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Donald Trump told reporters on Friday that he plans to take the BBC to court, accusing the broadcaster of altering his remarks in a way he says caused serious reputational harm.
Start your day informed with AnewZ Morning Brief: here are the top news stories for October 20th, covering the latest developments you need to know.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
U.S. forces say they have completed strikes on Iranian military sites near the Strait of Hormuz. Iran responded with missile attacks on an American base in Jordan, marking a sharp escalation in tensions between the two sides.
U.S. Donald Trump has said he has cancelled planned strikes on Iranian oil and gas ports announced earlier on Thursday. Trump said he made the decision after senior leadership in Iran agreed to peace talks.
Azerbaijan is considering new restrictions on children's use of social media, including a minimum registration age of 16 and fines for platforms that fail to protect young users. The proposals form part of a broader global trend towards tighter regulation of online platforms.
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Donald Tusk have criticised Britain, France and Germany for leaving them out of talks with Russia about a potential future peace deal for Ukraine.
The International Labour Organization has adopted the first-ever international agreement aimed at protecting digital platform workers, marking a major step in regulating labour conditions in the global gig economy.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
The World Health Organization (WHO) has warned that significant “blind spots” remain in the ongoing Ebola outbreak in the Democratic Republic of Congo (DRC), raising concerns that the true scale of infections may not yet be fully understood.
The United States is planning to significantly reduce the aircraft and warships it makes available for NATO operations in Europe, according to reports citing two senior European officials.
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