US national debt projected to reach $64 trillion by 2036
The Congressional Budget Office (CBO) projects that the United States' national debt will reach $64 trillion over the next decade, driven by an increase in annual deficits largely attributed to tax cuts enacted during Donald Trump's presidency. The federal deficit is expected to rise from $1.9 trillion in fiscal year 2026 to $3.1 trillion by 2036, with debt held by the public anticipated to increase from 101% of GDP to 120% in the same period, surpassing the previous record of 106% in 1946.
House Passes SAVE America Act Requiring Voter Citizenship Proof
The Republican-controlled House of Representatives passed the SAVE America Act, which mandates proof of U.S. citizenship for voters in the upcoming midterm elections, by a vote of 218-213. The legislation requires Americans to provide documentation, such as a valid passport or birth certificate, when registering to vote, and imposes criminal penalties on election officials who fail to enforce these requirements. While Republicans argue the bill is necessary to prevent voter fraud, Democrats contend it will disenfranchise millions of citizens and concentrate electoral power.
Stellantis issues alert for 225,000 vehicles over airbags
Stellantis has issued a 'Do Not Drive' alert for approximately 225,000 older vehicles in the United States due to safety concerns related to defective Takata airbag inflators. The warning affects models from 2003 to 2016, including certain Chrysler, Dodge, Jeep, and Ram vehicles, which may pose a risk of metal fragments entering the cabin during airbag deployment. The National Highway Traffic Safety Administration has reported 28 deaths linked to Takata airbag inflators, highlighting the urgency of the repairs.
Ro Khanna Signals Openness to Nvidia Chip Sales to China
Ro Khanna, the top Democrat on the U.S. House Select Committee on China, indicated his openness to the sale of Nvidia's older H200 chips to China, marking a shift from the previous stance of his predecessor, Raja Krishnamoorthi, who co-sponsored a bill last year to block such sales. While Khanna did not endorse the sale of the H200, he suggested that after a two- to three-year advantage, sales of older chips could be acceptable, contrasting with concerns raised by Republican committee chair John Moolenaar about potential military exploitation of U.S. technology by China.
