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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

White House Counsel Don McGahn will be leaving his position this fall, according to a tweet from President Donald Trump."White House Counsel Don McGahn will be leaving his position in the fall, shortly after the confirmation (hopefully) of Judge Brett Kavanaugh to the United States Supreme Court. I have worked with Don for a long time and truly appreciate his service!" Trump tweeted.The news was first reported by Axios this morning.More on this as it develops.  478

WILMINGTON, Del. – Joe Biden is calling for a nationwide mask mandate.“Every governor should mandate mandatory mask wearing,” said the presumptive Democratic presidential nominee, citing estimates from experts who say a mandate could save 40,000 lives over the next three months.Biden’s remarks came after meeting with public health experts with newly announced running mate Kamala Harris on Thursday.He said they spoke about schools reopening, the distribution of possible vaccines, the existence of racial disparities, and the lack of testing capacity. But he zeroed in on mask wearing.“It doesn’t have anything to do with Democrats, Republicans or Independents, it has to do with a simple proposition,” said Biden. “Every single American should be wearing a mask when they are outside for the next three months at a minimum.”Harris then spoke after Biden finished and reiterated the need for wearing a mask. She mentioned the more than 166,000 people who have died from COVID-19 so far in the U.S.“We know those individuals represent families, loved ones, grandparents, parents, sisters and brothers, aunts and uncles, of people that are mourning their loss every day,” she said. “So what real leadership looks like is Joe Biden, to speak up, sometimes telling us stuff that we don’t necessarily want to hear, but we need to know.”Watch their remarks below:The event came a day after the pair’s first appearance as running mates during an event at a high school in Wilmington, Delaware.During her speech, Harris took aim at President Donald Trump’s response to the pandemic.“At the president's mismanagement of the pandemic has plunged us into the worst economic crisis since the great depression, and we are experiencing a moral reckoning with racism and systemic injustice that has brought a new coalition of conscience to the streets of our country demanding change,” Harris said. “America is crying out for leadership, yet we have a president who cares more about himself than the people who elected him, a president who is making every challenge we face even more difficult to solve, but here is the good news. We do not have to accept the failed government of Donald Trump and Mike Pence.”Trump responded Wednesday evening, saying "I was surprised he picked her because of the horrible way she spoke about him, and frankly because she dropped like a rock."Biden and Harris will likely be holding these types of events often as the 2020 election season ramps up. The Democratic party will kick off its campaign next week with its virtual convention, which will feature several prominent party leaders, including the nominees.In the 24 hours following Biden’s VP announcement, his campaign says he raised million, which more than doubled the campaign’s previous record. 2788

While my pushing the money drenched but heavily bureaucratic @US_FDA saved five years in the approval of NUMEROUS great new vaccines, it is still a big, old, slow turtle. Get the dam vaccines out NOW, Dr. Hahn @SteveFDA. Stop playing games and start saving lives!!!— Donald J. Trump (@realDonaldTrump) December 11, 2020 333

When Mollie Tibbetts went for a jog and never returned, her death realized the worst fears of many runners, especially women, who lace up their sneakers unsure of what they may face on the road.But runners across the country aren't letting fears of a similar situation stop them. Instead, they are dedicating their runs to the 20-year-old University of Iowa student and sharing hopeful messages on social media tagged #MilesforMollie."This run is for you Mollie. We are with you. We will not allow fear to stop us from doing the things we love," University of Iowa alumna Sarah Hemann Bishop posted on Twitter. She included a picture of her sneakers, which have "Miles for Mollie" written on the side.A funeral was held Sunday for Tibbetts in her hometown of Brooklyn, Iowa, where she was last seen alive on July 18. Police say Cristhian Bahena Rivera told them he saw Tibbetts running and "pursued her in his vehicle." Later, he parked the car and started running near her. He is charged with first-degree murder."I find so much joy in running and as a female, I know I have to run with an added sense of caution, especially when running alone. It is unfair," Bishop told CNN. "I joined #milesformollie to show that we are not afraid. Mollie inspires us to be strong and brave." 1287

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