Despite surging tariff revenues, the US budget deficit in July was 10% higher than it was the same month in 2024 bloomberg.com/news/articles/…

When government officials start PR campaigns claiming something is not their fault… It’s their fault. Obstructing the fastest growing source of American power during a period of high demand is going to hurt consumers.

Cancelling an energy project basically right before it’s finished and delivering power to the grid shows that Trump’s energy policy is about creating shortages so that prices go up. I do not wonder why.

The electricity affordability crisis is upon us. GOP will surely blame Democrats without self awareness that global trade wars and throttling supply (especially projects that are almost complete!) makes electricity more expensive not less.

John Deere is laying off 238 workers at three factories in Iowa. The company said Tariffs and lower commodity prices are to blame. “Tariff costs in the quarter were approximately $200 million, which brings us to roughly $300 million in tariff expense year to date,” said director

Gas prices in Ohio now stand 14.5 cents per gallon higher than a year ago and have seen the largest weekly rise (32c/gal) of any state.

A year ago, I wrote about the ways President Trump could target offshore wind projects in a 2nd term. There was one big one: Using voluntary remands to void permits for fully authorized wind farms being battled in court. It's happening: bloomberg.com/news/articles/… via Ari Natter

To recap: * They took $1b out of DC's budget * They promised to restore it * They never did *They gutted the National Park Service * They called in the National Guard from a number of states to combat crime * The guard is doing custodial work that DC and NPS usually do

Thanks to tariffs (esp re: Canada), US aluminium prices are now roughly 50% higher than in Europe & Japan, thus putting US manufacturers at a competitive disadvantage. Heckuva industrial strategy.

Breaking: BILL CASSIDY is calling for CDC's vaccine advisers meeting to be postponed. "If the meeting proceeds, any recommendations made should be rejected as lacking legitimacy given the seriousness of the allegations and the current turmoil in CDC leadership."

This is such a huge story now. Seemingly happening to everyone. I wrote about the causes here: heatmap.news/energy/why-is-…

Empirically, this is not true. Not all mothers have prenatal care. Some get infected between testing in the first trimester and delivery. In some cases, the test is overlooked. If a child is infected at birth, they have a 95% chance of becoming chronically infected UNLESS, they

If someone is infected at birth, they have a much higher chance of developing liver cancer and of spreading hepatitis B to others.

Inflation pressures haven't eased much per ISM ... 15 industries reported increased prices for raw materials in August

Thinking about this moment ahead of RFK Jr's Senate hearing tomorrow.

It appears Trump will, in fact, touch Social Security. (or, as the piece makes clear, Russ Vought will through a rule change putting tighter limits on disability benefits) washingtonpost.com/politics/2025/…

Trump is pursuing a protectionist economic policy with a massive carve out for AI, where admin policy is quite globalist so what you’ve got is a proudly “anti-globalization” agenda nestled inside a de facto pro-globalization AI agenda that’s actually driving the economy

Reporter: Average selling prices were 7% higher than last year. That's more than twice the overall rate of inflation. That's well more than average wages. Some of the categories seeing the biggest price increases are exposed to tariffs. 6% increase on clothes, 7% on electronics,

Consumers trimmed holiday spending plans in November…average estimate of $778, down $229 from October’s $1007 and significantly lower than last November’s estimate of $1012 ⁦Gallup⁩

I am deeply concerned about Section 373 of the National Defense Authorization Act, which would expand military access to Washington, DC’s airspace. This provision would reverse the progress we’ve made following the tragic crash over the Potomac River in January. I urge Congress