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With increased expenditures and decreased tax revenues, the debt owed by the US federal government is expected to exceed the GDP of the US in 2021, according to a government analysis.On Wednesday, the Congressional Budget Office released the updated figures showing that the federal government’s debt is projected to be 104% of the size of the economy in fiscal year 2021. 2021 is expected to be the first time since 1946 that the amount of debt is larger than the size of the economy.The CBO’s projection shows that the debt is expected to remain larger than the size of the economy through the upcoming decade.For several decades following World War II, the amount of debt the US owed relative to the size of the economy decreased, bottoming out in 1974 at 23%. The US debt began increasing in the 70s and 80s as balanced budgets became more of an exception. The last time the US had a balanced budget was in 2001. While the US debt burden decreased for most of George W. Bush’s presidency, it began to skyrocket amid the last recession.The CBO says that while 2020 saw a slight decline in revenue, the year saw a massive increase in government spending amid the coronavirus pandemic.To see the full analysis, click here. 1231

With home-court advantage taken out of the equation this year because of COVID-19, the NBA playoffs look nothing like they once did. And on Wednesday, the season took yet another dramatic turn with at least one team boycotting the championships.The Milwaukee Bucks boycotted their game to protest the shooting of Jacob Blake in Kenosha, Wisconsin. It raises the question: what does this mean for the current moment of racial reckoning the nation has found itself in?Dwight Lewis, an activist during the civil rights movement, says it's about more than one game or any sport in particular."Sometimes you have to do things to get attention and say, ‘I can’t take this anymore. I’m mad as hell and I’m not going to take it anymore,’" the now 72-year-old activist explained.For athletes and teams in the national spotlight, it's about using their platform to get the country to pay attention."If you don’t speak out now, what are people going to say about you? That’s what was great about what the Bucks did," he added.Professional athletes using their platforms to protest racial inequality is nothing new. The first time it happened was during the 1968 Olympics when two African American runners raised their fists during the national anthem to call attention to the civil rights campaign.Lewis says decades later professional athletes are still harnessing the power that comes with their position to help enact change and move the national dialogue on race forward."This is 2020. We’re no better. Racism is still as American as apple pie, unfortunately. So, what did we do to keep these people from not wanting to walk off the basketball court or the football field? What did we do?" 1690

When Dr. Harold Bornstein described in hyperbolic prose then-candidate Donald Trump's health in 2015, the language he used was eerily similar to the style preferred by his patient.It turns out the patient himself wrote it, according to Bornstein."He dictated that whole letter. I didn't write that letter," Bornstein told CNN on Tuesday. "I just made it up as I went along." 382

When it comes to things like the economy or the military, the United States is considered among the strongest countries in the world.But when it comes to education, the U.S. isn’t making the grade, says Dr. Tanji Reed-Marshall with the Education Trust, a Washington D.C.-based group that aims to pinpoint and fix problems and inequities in education.Through nationwide research, Dr. Reed-Marshall found fixing our schools’ funding could be the ticket to better curriculums, improving classroom leadership and creating quality education in America."It's really important for us to understand how we think through where dollars go," says Dr. Reed-Marshall.Dr. Reed-Marshall says the billion in federal funding is not enough and isn’t going to the right places."In this country, zip code still tells the story about what you're likely to receive and the quality of it," says Dr. Reed-Marshall.Teacher Chrystal Miller stresses the notion that all areas aren’t created equal when it comes to getting a piece of the education pie. If she had to give education funding an overall grade, she says it’d be a D or an F.Miller came from a rural public school in Arkansas to the Washington Leadership Academy, a public charter in D.C. She says the difference in zip code is night vs day, and it shouldn’t be that way."Schools and students should be funded based on their need and not necessarily because you're at this zip code or you have this kind of family background or this kind of economic status,” Miller says. According to research by the Education Trust, students who live in lower income areas get about ,800 fewer tax dollars per student.Dr. Reed-Marshall says tax dollars drive education dollars. She believes there needs to be equal distribution of the tax dollars to raise the U.S. to the top of the ranks and in order to create an even and quality playing field, regardless of where students live. 1919

White House aides drafted a fulsome statement for President Donald Trump on the death of Sen. John McCain, but it was never sent out, a person familiar with the matter confirmed to CNN.Several staff members believed the official White House statement, which went through an internal approval process, would be released at the time of the Arizona Republican's death, which occurred on Saturday. But as the President spent Sunday at his Virginia golf course, the statement never went out, the source said.White House aides did not make plans for a televised statement on McCain's passing, which would have been routine under similar circumstances in other recent presidencies.The Washington Post reported Sunday that Trump went against the advice of senior aides to issue an official White House statement praising McCain for his heroism and decades of service, telling aides he instead wanted to post a brief tweet.Trump's tweet Saturday night did not mention his military or Senate service or include any praise for the late Arizona Republican. 1052

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