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Bessent Blames Democrats for Shutdown, Says It Could Weaken U.S. GDP | WSJ News
WSJ News· 2025-10-02 15:47
we were left with a mess. It was the largest deficit uh when we weren't in a recession, weren't at war, and we are fixing the deficit. And um you know, there could be a a discussion, but this isn't the way to have a discussion.Shutting down the government and lowering the GDP. They they you have a 3.8% 8% GDP and the Democrats shut down the government that you we could see a hit to the GDP, a hit to growth and a hit to working Americans. The Democrats want to negotiate uh you know in the you know like terro ...
JD Vance on Government Shutdown: Moderate Democrats ‘Cracking a Little Bit’ | WSJ News
WSJ News· 2025-10-01 19:36
You guys say illegal illegal immigrants are getting taxpayer funded healthcare. Democrats say you're lying. That makes it feel like it could be a really long shutdown. Is this going to be a long shutdown.You know, I I don't know. I can't predict what congressional Democrats are going to do, Peter. But I actually don't think it's going to be that long of a shutdown.This is a pure guess from the vice president of the United States because I think you already saw some evidence that moderate Democrats are crack ...
Powerful Quake Kills Dozens in the Philippines | WSJ News
WSJ News· 2025-10-01 09:57
Disaster Event - A 6.9-magnitude earthquake struck the central Philippines, resulting in dozens of fatalities [1] - The earthquake occurred just days after a super typhoon hit the same region [1]
Watch: Trump Announces Deal With Pfizer to Lower Drug Prices | WSJ News
WSJ News· 2025-09-30 18:02
Drug Pricing & Accessibility - Pfizer commits to offering all prescription medications to Medicaid at most favored nation prices, aiming to significantly reduce Medicaid costs [1] - Pfizer agrees to provide some popular medications to all consumers at heavily discounted prices, ranging from 50% to 100% off, available for direct purchase online via a federal government website [2] - All new medications introduced by Pfizer to the American market will be sold at reduced most favored nation costs, aligning with prices paid by other countries [3] - The agreement aims to bring down drug prices immediately for Americans [8] Manufacturing & Investment - Pfizer will invest $70 billion to reshore domestic manufacturing facilities, relocating production to the United States [3][4] - Pfizer commits to source the production of medicines consumed in the US from within the US, unleashing its investment portfolio in the country [5] - Pfizer is granted a three-year grace period from tariffs as long as they move production to the US [5] Negotiation & Tariffs - The administration is negotiating deals with other companies, with Pfizer being the first [6] - The administration is prepared to impose tariffs of an equivalent amount if companies refuse to make a deal, removing the advantage of non-compliance [7]
Democrats and Republicans Fail to Reach Deal Averting Government Shutdown | WSJ News
WSJ News· 2025-09-29 23:33
We have very large differences on health care and on their ability to undo whatever budget we agree to through recisions and through uh empoundment as well as pocket recisions. And we for I think for the first time the president heard our objections and heard why we needed a bipartisan bill. Their bill has not one iota of Democratic input.That is never how we've done this before. We're deadly serious about addressing the Republican cause health care crisis because it's a deadly serious issue for the America ...
Watch: Trump Announces 20-Point Plan to End War in Gaza | WSJ News
WSJ News· 2025-09-29 20:16
If accepted by Hamas, this proposal calls for the release of all remaining hostages immediately, but in no case more than 72 hours. Working with the new transitional authority in Gaza, all parties will agree on a timeline for Israeli forces to withdraw in phases. They'll be withdrawing in phases.No more shooting hopefully as progress is made toward achieving these goals. Arab and Muslim nations need to be allowed the chance to fulfill these commitments of dealing with Hamas. I have a feeling that we're goin ...
WSJ Reporter Visits Michigan Neighborhood After Nearby Church Shooting | WSJ News
WSJ News· 2025-09-29 14:45
I'm in Burton, Michigan, and this is as close as you can get to the home of a man named Thomas Samford, who police say showed up to a church in nearby Grand Blank, Michigan this morning with his truck, opened fire on the congregation, and then the church went up in flames. Some people are absolutely shocked by this. I've heard people yelling out car windows about radical leftists.And here I'm as close as you can get to uh where the alleged shooter lived. And I just spoke with a neighbor who said uh that the ...
Trump Aims to Shrink FEMA, Leaving States in a Bind | WSJ News
WSJ News· 2025-09-29 01:00
FEMA's Operational Changes - The Trump administration aimed to shift disaster recovery responsibilities back to the states, impacting FEMA's role [1] - Structural changes within the Department of Homeland Security, such as requiring Christy Gnome's approval for expenditures over $100,000, have slowed down the process of getting funds to states [7][8] - There has been a reduction of 2,000 employees since the start of the Trump administration, indicating a downscaling of FEMA [6] Disaster Response and Community Impact - A devastating tornado struck St Louis with winds exceeding 150 mph, causing widespread damage [2] - Local community groups in St Louis have taken the lead in recovery efforts, raising funds and clearing debris due to perceived insufficient federal assistance [4] - FEMA's individual assistance handouts are typically small, ranging from $7,800 to several thousand [5] - The mayor of St Louis is seeking more federal assistance, indicating that current efforts are insufficient [5] FEMA's Efficiency and Effectiveness - Claims that FEMA is 100% faster in responding to disasters are not supported by evidence, as seen in the slow response after the flooding in Texas and in St Louis [9] - There are concerns about the potential dismantling of FEMA and federal disaster recovery capabilities under the Trump administration [9]
New York City Mayor Eric Adams Ends Re-Election Campaign | WSJ News
WSJ News· 2025-09-28 18:21
Campaign Status - The reelection campaign has ended, but public service will continue [1][4] - Constant media speculation and withheld millions of dollars in campaign funds undermined the ability to run a serious campaign [3] Policy & Achievements - Policies implemented over the past three years have had a positive impact [1] - Work has started on lowering the cost of living and investing in quality of life [3] - Focus remains on reducing crime and disorder through investments in policing, mental health, substance abuse care, homelessness services, and community-based initiatives [3] Warnings & Future Considerations - Extremism is growing in politics, and children are being radicalized [4] - Political anger is turning into political violence [4] - Future leaders should be chosen based on their delivered results, not just promises [4] Legal Issues - The individual was wrongfully charged in a federal case for fighting for the city [2]
Shooting at Michigan Mormon Church Leaves at Least One Person Dead | WSJ News
WSJ News· 2025-09-28 17:40
Several people were injured in a shooting at the Church of Jesus Christ of Latter-day Saints in Grand Blanc, Mich., on Sept. 28. The local police chief said officials killed the gunman after exchanging fire with him. Photo: @Malkowski6April/Storyful ...