Senate Democrats in Washington are advocating for new taxes to address a looming $16 billion budget shortfall, as revealed in a leaked email sent by Sen. Noel Frame (D-Seattle). The email, sent shortly after Governor Jay Inslee’s announcement of the shortfall, outlines additional taxes beyond those proposed by Inslee, which include a new wealth tax, a temporary 20% business surcharge, and an increase in business and occupation (B&O) tax rates.
This week’s Liberal Media Scream focuses on CBS’s Margaret Brennan criticizing Elon Musk for his influence on President-elect Donald Trump’s budget talks, which she described as "confusing." Brennan, the host of Face the Nation, took offense at Musk's role in the political discourse, labeling him an "unelected" figure despite her own similar position as a media personality with significant influence.
Ukrainian Prime Minister Denys Shmyhal announced Monday that the country has received $1.1 billion in financial assistance from the International Monetary Fund (IMF).
With a federal shutdown looming on Friday, congressional leaders are in a race against time to pass a continuing resolution (CR) to keep the government running. Key sticking points include farm aid and disaster assistance, with bipartisan negotiations at a standstill.
Mayor Brandon Johnson’s revised 2025 Chicago budget proposal, the fourth draft, has eliminated plans for a property tax increase and unpaid furlough days for city employees, following resistance from the Chicago City Council.
