Ex-Trump Adviser Is Ga.’s Only Non-Incumbent to Win U.S. House Seat

(Republican Brian Jack will be the only newcomer to the U.S. House of Representatives from Georgia after all 13 incumbents won their races.

Running as an “America First” candidate, Jack raised significantly more than his Democratic opponent, Maura Keller.

The voters in Georgia’s District 3 resoundingly rejected Keller’s progressive platform 67%-34%.

With all 13 incumbents in the state winning their elections, they are likely to stick with the same committee assignments and policy priorities as in past terms. For Jack though, his options are open.

The top issues for Jack’s campaign were stopping illegal immigration and crime, fixing the economy, and ending the “weaponization of justice.”

“I will lead the fight to end Biden’s border invasion and put America First once again—completing the job President Trump and I began in 2016,” Jack said on his campaign website.

Endorsed by the National Federation of Independent Business, Jack said he also plans to prioritize entrepreneurship and business interests.

“I will continue to advocate for the incredible small businesses across our district,” he posted to social media.

Jack served as a campaign advisor to both President-elect Donald Trump’s 2016 and 2024 campaigns.

He has already been making his name on the national stage, with many big names in Republican political leadership joining Jack to campaign both for him and Trump in District 3.

Dr. Ben Carson was one of those.

“Brian is THE America First candidate in this race,” Carson said. “He will fight for secure borders, the rule of law, and a safer America.”

Jack will join nine other Republicans and five Democrats in Georgia’s delegation to the U.S. House. All incumbents, each won their races resoundingly.

Yet, Jack won’t be the only Trump-backed Representative out of Georgia.

Incumbent Republican Rep. Marjorie Taylor Greene has become a firebrand in the Republican party, known for her fiercely pro-Trump stance. Jack will likely soon join Greene in that reputation.

“He’s going to be a fantastic congressman,” Trump said of Jack. “He’s a great guy … he will be fantastic.”

Elyse Apel is an apprentice reporter with The Center Square, covering Georgia and North Carolina. She is a 2024 graduate of Hillsdale College.

Pelosi Officially Files to Run for Reelection in 2026

(Headline USA) Former House Speaker Nancy Pelosi, D-Calif., officially filed to run for reelection, setting the stage to once again lead the Democratic Party’s opposition to President-elect Donald Trump.

The 84-year-old Democratic leader filed a statement of candidacy with the Federal Election Commission on Thursday after winning her 20th term in November’s election. 

Trump’s sweeping victory likely had a role in her decision, according to the San Francisco Chronicle.

She has already begun organizing Democratic representatives and shaping their strategy to fight Trump, as she did during his first term.

When asked directly if she plans to run again when her term ends in 2026, Pelosi refused to answer.

“I’m not here to talk about that,” Pelosi told the New York Times. “I’m here to fight the fight so that we win in the next election. I must have thought I had the last term over and over again, but as fate would have it, the mission called.”

Pelosi stepped down as the House Democratic leader in 2022 to allow the younger members of the caucus to rise.

But her influence remains as potent as ever. It was Pelosi, for example, who played a key role in forcing President Joe Biden out of the 2024 race.

But not everyone in the Democratic Party is happy with Pelosi’s continued role. Sen. John Fetterman, D-Pa., blasted the former speaker this week, arguing her betrayal of Biden cost Democrats politically.

“She really tried to—what’s the word I’m looking for?—she embraced this, ‘She’s the godmother, she’s the enforcer,’” he said. “And now she’s blaming Biden. Well, you can’t have it both ways. You got what you wanted, and now you’re still blaming Biden.”

Fetterman argued it’s time for Pelosi to give it up.

“I think it’s really ironic that you have a woman at age 84 and she is still hanging on. Why not give a younger generation an opportunity to occupy that seat?” he said.

Kari Lake Thanks Supporters in Political Adieu, but Stops Short of Conceding Dubious Race

(While not a concession, Republican Arizona U.S. Senate candidate Kari Lake released a video Wednesday thanking Arizonans for supporting her throughout her attempt at a political career and spreading support for President-elect Donald Trump’s win, in addition to a Republican majority in both chambers of Congress.

“As for me? Well, I can say for certain that truth will never stop mattering to me,” Lake said. “You will never stop mattering to me. These memories that we’ve made together will never go away. They will grow sweeter over time and I will never stop fighting for the state I love.”

Lake was declared the loser of the race for Kyrsten Sinema’s U.S. Senate seat, with Democrat Ruben Gallego ahead by 79,102 votes at 99% of precincts reporting.

Lake started her political journey by running for Arizona governor in 2022, but the office instead went to then Secretary of State Katie Hobbs. Lake has yet to accept that loss, resulting in years of litigation that have not concluded in her favor.

Prior to this, Lake worked as a TV anchor for three decades before walking away from the fake news.

“For 30 years you trusted me to bring the news into your homes, to tell you the truth,” Lake said. “About three years ago, I walked away from a seven figure contract in the fake news because I couldn’t lie to you. What good is money if it comes at the cost of your soul?”

Lake has run her campaign on a MAGA campaign, being endorsed by Trump and while Trump won Arizona in the presidential election, pollsters have attributed this split ticket to Lake’s inability to garner support from Independent and undecided voters.

“Arizona is a light red state—no matter how you measure it—party registration, party identification, recalled past vote – it’s just a red state,” said NPI CEO and Founder Mike Noble in a post-election report.

“So someone like Gallego needed to post exceptional numbers among Independents and Democrats while peeling off some Republicans. Our polling showed Gallego doing just that,” he claimed. “We found, across many surveys, that Lake was closing the gap as Election Day neared – but that it wouldn’t be enough to erase Gallego’s lead. He’s cemented himself as a national player with this performance.”

Some have continued to raise doubts about the validity of the final count, particularly given the amount of time it took for the tally and the fact that the final vote counts in several counties continued to fluctuate after Election Day.

Arizona’s dubious election-integrity safeguards have raised suspicion in the past two election cycles, when Hobbs was secretary of state, resulting in a litany of lawsuits and an audit commissioned by the state Senate, which found significant evidence of irregularities in Maricopa County during the 2020 election.

Nonetheless, due to county officials’ refusal to cooperate in the discovery process, neither the Lake-led lawsuits or the audit firm CyberNinjas could substantiate any actual legal evidence of fraud that could easily be redressed or acted upon without closing the legislative loopholes.

Even with Lake’s loss, Republicans were able to maintain a 53-47 majority in the U.S. Senate. Lake has yet to announce where she intends to set her sights in the future, political or otherwise.

Headline USA’s Ben Sellers contributed to this report.

Trump to Leverage Federal Funds in Bid to End ‘Wokeness,’ ‘Indoctrination’ in Schools

(Headline USA) President-elect Donald Trump’s vision for education largely revolves around a single goal: to rid America’s schools of “wokeness ” and “left-wing indoctrination.”

Trump wants to keep transgender athletes out of girls’ sports. He wants to forbid classroom lessons on gender identity and Marxist concepts like critical race theory. He wants to abolish diversity and inclusion offices.

Throughout his campaign, the Republican depicted public education as a political battleground to be won back from the radical Left. Now that he’s won the White House, he plans to use federal money as leverage to advance his vision of education across the nation.

Trump’s education plan pledges to cut funding for schools that defy the will of the public on a multitude of issues.

On his first day in office, Trump has repeatedly said he will cut money to “any school pushing critical race theory, transgender insanity, and other inappropriate racial, sexual or political content on our children.”

On the campaign trail, Trump said he would “not give one penny” to schools with vaccine or mask requirements.

He said it would be done through executive action, though even some of his supporters say he lacks the authority to make such swift and sweeping changes.

Trump’s opponents insist that the type of leftist indoctrination he rails against is a fiction.

“There is no evidence that our American education system is full of maniacs,” claimed Wil Del Pilar, senior vice president for the activist group Education Trust.

Trump’s platform calls for “massive funding preferences” for states and schools that end teacher tenure, enact universal school choice programs and allow parents to elect school principals.

Perhaps his most ambitious promise is to shut down the U.S. Education Department entirely, a goal of conservative politicians for decades, saying it has been infiltrated by “radicals.”

America’s public K-12 schools get about 14% of their revenue from the federal government, mainly from programs targeting low-income students and special education. The vast majority of schools’ money comes from local taxes and state governments.

Colleges rely more heavily on federal money, especially the grants and loans the government gives students to pay for tuition.

Trump’s strongest tool to put schools’ money on the line is his authority to enforce civil rights—the Education Department has the power to cut federal funding to schools and colleges that fail to follow civil rights laws.

The Biden and Obama administrations both have similarly leveraged funding to schools in order to bow to their demands on controversial policies.

The president can’t immediately revoke money from large numbers of districts, but if he targets a few through civil rights inquiries, others are likely to fall in line, said Bob Eitel, president of the conservative Defense of Freedom Institute and an education official during Trump’s first term.

That authority could be used to go after schools and colleges that have DEI offices or those accused of anti-Semitism, Eitel said.

“This is not a Day One loss of funding,” Eitel said, referencing Trump’s campaign promise. “But at the end of the day, the president will get his way on this issue, because I do think that there are some real legal issues.”

Trump also has hinted at potential legislation to deliver some of his promises, including fining universities over diversity initiatives.

To get colleges to shutter diversity programs—which Trump says amount to discrimination—he said he “will advance a measure to have them fined up to the entire amount of their endowment.”

His platform also calls for a new, free online university called the American Academy, to be paid for by “taxing, fining and suing excessively large private university endowments.”

During his first term, Trump occasionally threatened to cut money from schools that defied him, including those slow to reopen during the COVID-19 pandemic and colleges he accused of curbing free speech.

He succeeded in getting Congress to add a tax on wealthy university endowments, and his Education Department made sweeping changes to rules around campus sexual assault.

Universities fear their relationship with the administration will be antagonistic.

“Education has been an easy target during the campaign season,” said Peter McDonough, general counsel for the American Council on Education, an association of university presidents. “But a partnership between higher education and the administration is going to be better for the country than an attack on education.”

Trump’s threats of severe penalties seem to contradict another of his education pillars—the extraction of the federal government from schools. In closing the Education Department, Trump would return “all education work and needs back to the states,” he said on his website.

“We’re going to end education coming out of Washington, D.C.,” Trump said.

In his platform, he pledged to ensure schools are “free from political meddling.”

However, taking a neutral stance and letting states decide wouldn’t deliver Trump’s campaign promises, said Max Eden, a senior fellow at AEI, a conservative think tank.

For example, Trump plans to rescind guidance from President Joe Biden’s administration that extended Title IX gender-equity protections to LGBT students. And Trump would go further, promising a nationwide ban on transgender women in women’s sports.

“Trump ran on getting boys out of girls’ sports. He didn’t run on letting boys play in girls’ sports in blue states if they want to,” Eden said.

Trump also wants a say in school curriculum, vowing to fight for “patriotic” education. He promised to reinstate his 1776 Commission, which he created in 2021 to promote patriotic education. The panel created a report that called progressivism a “challenge to American principles” alongside fascism.

Adding to that effort, Trump is proposing a new credentialing body to certify teachers “who embrace patriotic values.”

Few of his biggest education goals can be accomplished quickly, and many would require new action from Congress or federal processes that usually take months.

More immediately, he plans to nullify executive orders issued by Biden, including one promoting toxic identity politics across the federal government. He’s also expected to work quickly to revoke or rewrite Biden’s Title IX rules, though finalizing those changes would require a lengthier rulemaking process.

Trump hasn’t detailed his plans for student loans, though he has called Biden’s controversial loan-amnesty efforts illegal and unfair.

Most of Biden’s signature education initiatives have been paused by courts amid legal challenges, including a proposal for widespread loan cancellation. Those plans could be revoked or rewritten once Trump takes office.

Adapted from reporting by the Associated Press

Woke Disney Actress Forced to Apologize after Attacking Trump Supporters Online

(Headline USA) Woke Disney actress Rachel Zegler was forced to apologize this week after going on an expletive-ridden rant against President-elect Donald Trump and his supporters.

“I would like to sincerely apologize for the election post I shared on my Instagram last week,” the “Snow White” star wrote on social media. “I let my emotions get the best of me. Hatred and anger have caused us to move further and further away from peace and understanding, and I am sorry I contributed to the negative discourse.”

Immediately after Trump’s victory, Zegler wrote in an Instagram story that she was disgusted with the tens of millions of Americans who voted for him.

Trump’s voters have a “deep sickness,” she claimed.

“May Trump supporters and Trump voters and Trump himself never know peace,” she added. “F*** Trump.”

Zegler, 23, has come under fire several times for pushing radically leftist views.

Earlier this year, for example, after Disney released the official trailer for the upcoming Snow White remake, Zegler posted “Free Palestine” in an apparent snub of her Israeli co-star Gal Gadot.

Conservative commentator Megyn Kelly blasted Zegler this week, calling on Disney to fire her.

“There’s something wrong with this person,” Kelly said on the Ruthless podcast. “Hello, Disney, you’re going to have to redo your film again, because this woman is a pig. You’re going to put out a Disney film with Snow White, a beloved American character, with a woman who hates more than half the country, the half that just elected Donald Trump?”

Kelly also pointed out that Disney fired actress Gina Carano, who starred in The Mandalorian, for much less.

Carano filed a lawsuit against Disney earlier this year with the help of tech mogul Elon Musk, alleging the company wrongfully terminated her and violated her right to free speech after she expressed conservative political views.

Post-Election Surprise: Hochul Revives Controversial NYC Congestion Pricing Plan

(Democratic New York Gov. Kathy Hochul is resurrecting plans to implement congestion pricing that will hike tolls to enter downtown Manhattan, but the new program faces an uncertain future with Republicans vowing to kill the program.

On Thursday, Hochul announced that she is unpausing the New York City program with a reduced base fare of $9—down from the original plan of $15—and plans to implement it on Jan. 5, just days before President-elect Donald Trump is set to take over the White House.

The lower toll will help the state meet its climate change reduction goals and drum up more money for public transit “without putting an extra strain on those who can least afford it,” Hochul claimed at a press conference Thursday afternoon

“I always have and I always will fight to put more money in the pockets of everyday New Yorkers,” she added. “No New Yorker should have to pay a penny more than necessary.”

The governor’s office said the retooled plan includes discounts for low-income drivers making less than $50,000 annually. These drivers will receive a 50% discount after hitting their 10th toll each month.

The controversial tolling program, which was set to start June 30, called for a $15 toll on drivers entering the core of Manhattan to generate about $1 billion annually for public transit system upgrades. The Metropolitan Transportation Authority, which operates New York City’s subways, buses and trains, had planned to leverage the funds to borrow $15 billion to upgrade subway signals and stations, among other projects.

But in June, Hochul abruptly hit the brakes on congestion pricing, announcing that she directed the MTA to “indefinitely” pause the program. She cited the impact on commuters who would be forced to pay higher tolls.

Others promptly pointed to the upcoming election, noting that New York appeared to be veering toward Trump, a Republican, who held surprisingly large rallies in the South Bronx and at Madison Square Garden.

Transit advocates and environmental groups protested the move and filed lawsuits against the Hochul administration, arguing that the governor lacked the authority to make the changes unilaterally. New York was also facing lawsuits from New Jersey and a group of Republican lawmakers seeking to block the congestion pricing program.

Trump, a native New Yorker, is among those who oppose congestion pricing and pledged on the campaign trail to “terminate” the programs during his “first week” in office.

Members of New York’s congressional delegation are also vowing to kill any alternative plan Hochul devises. On Wednesday, Rep. Mike Lawler said he and other Republican lawmakers plan to propose legislation “to stop this program dead in its tracks, period.”

“Governor Hochul’s congestion pricing scheme is nothing more than a massive new tax on working families, daily commuters, college students, and local residents who just want to travel within the city they call home,” Lawler said in a statement.

Lawler and fellow New York Republican Reps. Nicole Malliotakis and Andrew Garbarino sent a letter to Trump earlier this week urging him to take immediate steps when he returns to the White House in January to block the “absurd congestion pricing cash grab once and for all.”

In New Jersey, Gov. Phil Murphy, a fellow Democrat, also blasted Hochul’s plans to revive the congestion pricing plan in the final days of the Biden administration. He urged her and other New York officials to reconsider the move.

“All of us need to listen to the message that voters across America sent last Tuesday, which is that the vast majority of Americans are experiencing severe economic strains and still feeling the effects of inflation,” Murphy, a Democrat, said in a statement. “There could not be a worse time to impose a new $9 toll on individuals who are traveling into downtown Manhattan for work, school, or leisure.”

ISIS-Linked Houston Man Arrested, Charged w/ Planning 9/11-Style Terrorist Attack

(A 28-year-old man in Houston, Anas Said, has been indicted and arrested on charges he attempted to provide material support to the Islamic State of Iraq and al-Sham, a federally designated foreign terrorist organization.

U.S. Attorney Alamdar Hamdani and FBI Special Agent in Charge Douglas Williams Jr. announced the details of the case in a news conference on Thursday.


Said was born in Houston, Hamdani said, but lived in Lebanon until he was roughly 14 years old, where his family is from. He returned to the U.S. roughly 10 years ago.

After the Oct. 7, 2023, Hamas terrorist attacks against Israel, he was allegedly motivated to plan a terrorist attack on local military recruiting centers in Houston, provide a “sanctuary” to ISIS operatives from his Houston apartment, bragged that he would commit a 9/11-style terrorist attack if given the resources, said he wanted to harm the Israeli community in Houston, and plotted to harm former President George W. Bush, according to a multi-agency investigation.

“Today is a great day because we’ve taken a suspected terrorist off the streets of Houston, Texas, and that’s something we at the FBI don’t get to publicly say very often,” Williams said. “Said was accused of attempting to provide material support to ISIS … and by his own admission was planning a terrorist attack on U.S. soil from his apartment here in southwest Houston.”

Said has been on the FBI-Houston’s Joint Terrorism Task Force radar since 2017 under the Trump administration, Williams said.

JTTF’s early investigation found that he frequently viewed ISIS literature and other online propaganda and “held a deep affinity for high-ranking ISIS personnel and even ordered custom propaganda to outwardly show his support for ISIS.”

FBI agents interviewed him multiple times since he first came to their attention, but after the Oct. 7 Hamas attacks, his “behavior began to mobilize towards violence … and jumped to the top of our list of national security threats,” Williams said.

After law enforcement officials executed searches of Said’s residence, vehicle and electronic devices, they uncovered additional links between him and ISIS, including a plot to harm former President Bush, according to court documents.

Investigators uncovered multiple social media accounts that showed his continued support for ISIS and that he was “searching for ways to commit violent acts in the United States … right here in Houston,” Williams said. “He admitted to discussing how best to conduct an attack on local military recruiting centers. He admitted to wanting to use explosives to commit a mass killing here in Houston. He offered his home as a state sanctuary to ISIS operatives. He bragged that he would commit a 9/11 style attack if he only had the resources. He expressed the desire to join the U.S. military just so he could commit an act once he was inside their ranks.”

“JTTF partners stopped Said’s plans from becoming a reality,” he said.

Hamdani described the violent acts perpetrated by ISIS, explaining that it recruits followers through social media, which is what Said was allegedly doing.

Said allegedly communicated with ISIS’s official media outlet, created ISIS propaganda videos and flyers and edited at least five videos and two images that he then sent to an alleged ISIS social media and web designer, Hamdani said.

The materials were allegedly disseminated to other ISIS supporters, including videos and images promoting ISIS violence. Still images from the videos were presented at the press conference.

Said also allegedly “discussed his desire to travel overseas to commit violent jihad in his messages and … commit violent acts in Houston.”

Documents show he allegedly was researching how to make a bomb and build an explosive belt, Hamdani said.

Said is charged with one count of attempting to provide material support to a foreign terrorist organization, ISIS, which carries a maximum sentence of 20 years in federal prison and up to a 250,000 fine.

“Individuals or groups cannot use social media to provide material support to ISIS or other terrorist organizations,” Hamdani said.

Those who do are considered national security threats, he said. Hamdani also warned “wannabe terrorists who believe they can hide behind the encrypted apps or anonymous social media profiles … we will find you and we will hold you to account.”

Said was arrested on Nov. 8 and his detention hearing was held Thursday afternoon.

FBI Houston’s Joint Terrorism Task Force conducted the investigation, receiving assistance from the Houston and Sugar Land police departments and Harris County Sheriff’s Office.

The case is being prosecuted by Hamdani’s office and the National Security Division’s Counterterrorism Section trial attorneys.

DOGE Chiefs Musk, Ramaswamy List Possible Areas for Cutting Gov’t Waste

(Billionaires Elon Musk and Vivek Ramaswamy will take over a new effort to make the government more efficient.

President-elect Donald Trump’s new “Department of Government Efficiency,” or DOGE, is a government efficiency effort that has turned a public spotlight onto government waste and duplication in a way not done for years.

While journalists and nonprofits have been writing about examples of government waste during that time, very little of it actually got much attention.

Musk created a DOGE account on X where he is asking followers for suggestions.

The site also said it was accepting applications to staff the department, which technically will have a mere advisory role and not official government authority, likely working with official government agencies like the Office of Personnel Management and the Office of Management and Budget.

Only those with verified “blue check” X accounts were able to communicate directly with the DOGE account, however, which may have been a way of suggesting that X-owner Musk issued the post as a joke more than a genuine hiring call.

Aside from lopping off entire agencies, here are some examples of controversial federal spending that, based on Musk and Ramaswamy’s recent comments, could be in the line of fire for coming cuts:

  • Billions to maintain office buildings, many of which are empty as employees work from home.
  • $6 million for United States Agency for International Development to
    boost tourism in Egypt.
  • $400 million of taxpayer dollars for presidential campaigns.
  • $2.6 million in taxpayer dollars to fund a critical race theory program that trains students to promote CRT.
  • Millions to train school teachers in DEI.
  • Hundreds of millions of FEMA dollars for migrants.
  • Tens of millions per year for DEI at the Pentagon.
  • Nearly $32 million in COVID funding for luxury cars.
  • $1.2 million in taxpayer dollars to find evidence that racism is to blame for poor sleep in minority communities.
  • $426,250 for an app to encourage Latino men to exercise.
  • $28 million for camouflage uniforms that you can see.
  • Billions in improper payments of COVID funds to businesses.
  • $100 million for projects in wealthy Manhattan.
  • $1 million for the West Harlem “Environmental Justice Center.”
  • $50 million via “Environmental Justice” grant to anti-Israel group.
  • $3 billion overall for “Environmental Justice” grants to groups, many of which are accused of partisanship.
  • Part of New York’s $9 billion in federal COVID funding went to train staff in ‘culturally responsive sustaining instruction’ and ‘privilege’ and to recognize ‘equity warriors.’”
  • $200,000 spent by the Department of Defense on Starbucks espresso machines
  • Millions to study COVID “misinformation.”

Biden Admin. Goes on Spending Bender Before Trump Claws Back Unused Tax Dollars

(Headline USA) Biden administration officials are working to dole out billions in grants before President-elect Donald Trump takes office in January.

“Let’s make every day count,” President Joe Biden said in an address to the nation last week after Vice President Kamala Harris conceded defeat to Trump in the presidential race.

Trump has pledged to rescind unspent funds in Biden’s landmark climate and health care law and stop clean-energy development projects.

“There’s only one administration at a time,” Transportation Secretary Pete Buttigieg told reporters at a news conference Thursday.

“That’s true now, and it will also be true after Jan. 20,” he continued. “Our responsibility is to make good use of the funds that Congress has authorized for us and that we’re responsible for assigning and disbursing throughout the last three years.”

But Trump will control more than the purse strings come January. His administration also can propose new regulations to undo some of what the Biden administration did.

Biden administration officials hope that projects funded under the $1 trillion infrastructure law and $375 billion climate law will endure beyond Biden’s term and are attempting to ensure that money from the landmark measures continues to flow.

On Friday, Buttigieg announced over $3.4 billion in grants for projects designed to improve passenger rail service, help U.S. ports, reduce highway deaths and support domestic manufacturing of sustainable transportation materials.

”We are investing in better transportation systems that touch every corner of the country and in the workers who will manufacture materials and build projects,″ he said. “Communities are going to see safer commutes, cleaner air and stronger supply chains that we all count on.″

Announcements of major environmental grants and project approvals have sped up in recent months in what White House officials describe as “sprinting to the finish” of Biden’s four-year term.

The Environmental Protection Agency recently set a nationwide deadline for removal of lead pipes and announced nearly $3 billion to help local water systems comply.

The Energy Department, meanwhile, announced a $544 million loan to a Michigan company to expand manufacturing of high-quality silicon carbide wafers for electric vehicles.

The loan is one of 28 deals totaling $37 billion granted under a clean-energy loan program that was revived and expanded under Biden.

Pentagon press secretary Sabrina Singh told reporters this week that Biden wants to “spend down the authority that Congress has allocated and authorized before he leaves office. So we’re going to work very hard to make sure that happens.”

The Biden administration would have to rush $7.1 billion in weapons—$4.3 billion from the 2024 supplemental and $2.8 billion that is still on the books in savings due to the Pentagon recalculating the value of systems sent—from the Pentagon’s stockpiles in order to spend all of those funds obligated before Trump is sworn in.

There’s also another $2.2 billion available to put weapons systems on long-term contracts.

However, recent aid packages have been much smaller in size, around $200 million to $300 million each.

Adapted from reporting by the Associated Press

Biden Admin. Kicks Off FY2025 w/ Yet Another Big Budget Deficit

(Mike Maharrey, Money Metals News Service) After running the third-largest budget deficit in history in fiscal 2024, the Biden administration kicked off fiscal 2025 in a similar manner.

The federal government ran a $257.45 billion budget shortfall to start the new fiscal year, with revenue down and spending up, according to the latest statement from the Department of Treasury.

That was a 287 percent increase over the October 2023 deficit.

Federal receipts came in at $326.77 billion. That was down about 19 percent compared to October 2023. A one-time influx of tax payments deferred due to wildfires last year boosted October 2023 revenues.

As has been the case for months, the big problem is on the spending side of the ledger.

The Biden administration blew through $584.22 billion last month. That was a 24 percent year-on-year increase. Outlays for Social Security, Medicare, and national defense all increased.

You might recall that President Biden promised that the [pretend] spending cuts would save “hundreds of billions” with the debt ceiling deal (aka the [misnamed] Fiscal Responsibility Act).

That never happened.

The federal government continues to find new reasons to spend money, whether for natural disasters at home or wars overseas. The Biden administration spent a staggering $6.75 trillion in fiscal 2024, a 10 percent increase over 2023 outlays.

The federal government spent $82 billion on interest expenses last month. That was a modest 8 percent decline, the first annual drop in interest expense since August 2023. The Treasury Department said the decline was driven by a $12 billion reduction in payouts for inflation-protected securities thanks to a lower CPI.

Net interest expense came in at $80 billion. That was a $4 billion increase over October 2023.

Uncle Sam paid $1.13 trillion in interest expense in fiscal 2023. It was the first time interest expense has ever eclipsed $1 trillion.

Interest payments were up 28.6 percent over fiscal 2023 levels.

Don’t let the small decline in interest expense last month fool you. The general trend remains upward. Even with the recent Federal Reserve rate cuts, Treasury yields are pushing upward as demand for U.S. debt sags. Since Trump’s electoral victory, the yield on the 10-year Treasury is up 15 basis points.

Much of the debt currently on the books was financed at very low rates before the Federal Reserve started its hiking cycle. Every month, some of that super-low-yielding paper matures and has to be replaced by bonds yielding much higher rates.

Impact of the Debt

We see these big deficits month after month, but most people don’t bat an eye. There seems to be a sense that spending more than you take in month after month isn’t really a problem.

But anybody who says “deficits don’t matter” is deluded.

As the Bipartisan Policy Center points out, the growing national debt and the mounting fiscal irresponsibility undermine the dollar.

“Confidence in U.S. creditworthiness may be undermined by a rapidly deteriorating fiscal situation, an increasing concern with federal debt set to grow substantially in the coming years.”

This could lead to lower economic growth, higher unemployment, and less investment wealth.

Lack of confidence in the U.S. fiscal situation could also lower demand for U.S. debt. This would force interest rates on U.S. Treasuries even higher to attract investors, exacerbating the interest payment problem.

The national debt continues to spiral upward at a dizzying pace. It will officially top $36 trillion within days. According to the national debt clock, that represents 122.85 percent of GDP. Studies have shown a debt-to-GDP ratio of over 90 percent retards economic growth by about 30 percent.

The debt will likely be one of the biggest problems facing President Trump as he takes the reins of power. With Republicans controlling both chambers of Congress and the White House, there is an opportunity to tackle the spending problem, but whether the GOP has the political will to make substantial cuts remains to be seen.