Monday Executive News Summary
Bipartisan worry over debt, homicides spike, Georgia Democrats eat crow, and more.
Top of the Fold
- Bipartisan worry grows over national debt, which now totals $85,210 per person (Just the News)
“The U.S. government has spent around $6 trillion during the coronavirus pandemic, in addition to regular government appropriations. The $6 trillion figure does not count the $1.9 trillion American Rescue Plan that President Biden signed a few weeks ago. The deficit set a record in FY2020 at $3.13 trillion. And the national debt has hit a record $28 trillion. … ‘It’s a cheap time to borrow and some people are using that as a reason to borrow. The problem that comes is our interest rates flow. The U.S. has the ultimate adjustable rate mortgage, which is the rates can change,’ [Senator Angus] King said. ‘And if the rates go back to 4 to 5%, which is where they’ve been historically, we’re in a heap of fiscal trouble. The math is pretty easy. Every 1% is $250 billion a year of interest costs. So 4% is $1 trillion dollars; 5% is $1,250,000,000,000, which happens to be the entire current discretionary federal budget.’”
- We’re shocked — shocked! Cities that foolishly slashed police funding inundated by spike in homicides (Washington Times)
“Portland, Oregon’s, homicide rate soared a staggering 1,900% in 2021, with 20 killings, compared with one during the first three months of 2020. The city carved $16 million, or 7%, out of its police budget last year. Austin, Texas, cut $20 million, or 23%, from its department budget and shifted another $80 million by moving certain services to other departments. Police have reported 19 homicides this year, compared with 14 during the same period last year — a 35% rise. Philadelphia reduced police funding by 5%, or $33 million, and saw homicides climb 25% to 120 in early 2021 from 96 during the same period last year. In Minneapolis, there have been 19 homicides this year, a 46% jump from the 13 in the first quarter of 2020. The city council has shrunk its department’s budget by more than $9 million, or 5%.”
Government & Politics
Doh! Georgia Democrats stare down a mob of their own making (Examiner) | Donald Trump calls for MLB boycott, warns “woke” corporations after All-Star Game pullout (Fox News) | GOP senators launch effort to end MLB antitrust exemption (Breitbart) | Non compos mentis: Senator Chuck Schumer invites MLB to host All-Star Game in New York despite more restrictive voter laws than Georgia (Disrn)
For the record: Voter identification requirements are supported by 72% of the public (AP-NORC)
National Security
A record-setting 19,000 unaccompanied migrant minors crossed into the U.S. in March (PM) | Border Patrol predicts more than one million migrant encounters in 2021 (Hot Air)
Follower of Louis Farrakhan attacks Capitol Hill, killing Officer William Evans (Breitbart)
Some 533 million Facebook users’ phone numbers and personal data have been leaked online (Insider)
USAID failed to ensure Palestinian aid dollars kept from terrorists (Free Beacon)
Around the Nation
Florida Governor Ron DeSantis formally bans “vaccine passports” with executive order (PM)
With lockdowns easing, economy added 916,000 jobs in March as service-sector hiring booms (Fox Business)
Derek Chauvin trial enters second week, will feature testimony from Minneapolis Police Chief Medaria Arradondo (UPI)
Iowa Governor Kim Reynolds signs law allowing permitless handgun carry (Des Moines Register)
Other Notables
Now that his father is president, Hunter Biden finally admits incriminating laptop could “certainly” belong to him (NY Post)
Keep your powder dry: 4.69 million gun background checks break single-month record in March (AMN)
What could possibly go wrong? U.S. grant to Wuhan lab to enhance bat-based coronaviruses was never scrutinized by HHS review board (Daily Caller)
Ukraine says Russia massing troops on border (AFP)
Closing Arguments
Policy: Four reasons gun control can’t solve America’s violence problem (FEE)
Policy: Fixing Biden’s inhumane border crisis (Rep. Andy Biggs)
Satire: MLB games to no longer require ID for buying alcoholic beverages (Babylon Bee)
For more of today’s editors’ choice headlines, visit Headline Report.
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