US July budget deficit up 20% year-over-year despite record Trump tariff incomeNew Foto - US July budget deficit up 20% year-over-year despite record Trump tariff income

WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income fromPresident Donald Trump'stariffs, according toTreasuryDepartment data releasedTuesday. The U.S. saw a 273% increase — or $21 billion — in customs revenue in July over the same period last year, the data showed. A Treasury official who spoke on the condition of anonymity to preview the data said overallincreased spendingis in part due to a mix of expenditures, including growing interest payments on thepublic debtandcost-of-living increases to Social Securitypayouts, among other costs. This comes as the federal government's grossnational debtcreeps up to the $37 trillion mark. Even as Trump talks about America becoming rich because of his import tax hikes, federal spending keeps outpacing the revenues collected by the government. That financial picture might change as companies exhaust their pre-tariff inventories, forcing them to import more goods and generate even more in tax revenues that could whittle away at the deficit without meaningfully reducing it as promised. If tariffs fail to deliver on Trump's pledge to improve the government's balance sheet, the American public could be faced with fewer job options, more inflationary pressures and higher interest rates on mortgages, auto loans and credit cards. The budget deficit is the annual gap between what the U.S. government raises in taxes and what it spends, over time feeding into the overall national debt. While organizations like the Committee for a Responsible Federal Budget say that tariff incomecan be a stream of meaningful revenue— estimated to generate about $1.3 trillion over the course of President Trump's four-year term in office; some economists like Kent Smetters of the University of Pennsylvania's Penn Wharton Budget Model say tariffs are likely to result "in only modest reductionsin federal debt." In June,the Congressional Budget Officeestimated that President Donald Trump'ssweeping tariff planwould cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing the purchasing power of households overall. But revenue estimates are also difficult to predict as the president has changed his tariff rates repeatedly and the taxes declared as part of an economic emergency are currently under appeal in a U.S. court. A Treasury official did not respond to an Associated Press request for comment on when the U.S. could begin to see tariff revenue start to put a dent in the deficit. Treasury Secretary Scott Bessentsaid last monthon Fox Business Network's "Mornings with Maria" that the administration is "laser-focused on bringing this deficit down." The Trump administration expects to make more trade deals with other nations, including China and other major economies. For instance, on Monday, Trumpextended a trade trucewith China for another 90 days, which preserves the 30% tariffs he had imposed as a condition for negotiations. The previous deadline was set to expire at 12:01 a.m. Tuesday. Trump posted on his Truth Social platform that he signed the executive order for the extension, and that "all other elements of the Agreement will remain the same." Beijing, at the same time, also announced the extension of the tariff pause, according to the Ministry of Commerce. ___ Associated Press writer Josh Boak contributed to this report.

US July budget deficit up 20% year-over-year despite record Trump tariff income

US July budget deficit up 20% year-over-year despite record Trump tariff income WASHINGTON (AP) — The U.S. budget deficit in July climbed 20...
Lawmakers keep pushing for release of Epstein files: 'Will not be buried for decades'New Foto - Lawmakers keep pushing for release of Epstein files: 'Will not be buried for decades'

WASHINGTON - Though lawmakersare on their annualone-month summer break, the controversy surrounding convicted late sex offenderJeffrey Epsteinhasn't left their minds. Democrats and Republicans alike have been pushing for the release of all the Epstein files after a Justice Department report foundthat Epstein died by suicideand did not have a "client list,"despite previous suggestionsbyAttorney General Pam Bondi. Members of Congress from both parties say they'll force more public debate on the issue when their recess ends after Labor Day. "The Epstein case will not be buried for decades," Missouri Republican Rep. Eric Burlison wrotein an Aug. 10 post on X."We are demanding records, taking depositions, and putting officials under oath. The American people need to get the truth." More:How Trump and 'terrific guy' Jeffrey Epstein's party boy friendship ended badly The Epstein controversy hascreated a schismbetweenPresident Donald Trumpand his MAGA base. His supporters have pushed back on the Republican administration's attempt to close the book on Epstein after Trump and his backers helped to heighten expectations of blockbuster revelations. Kentucky Rep. James Comer, who heads the House Committee on Oversight and Government Reform, subpoenaed longtime Epstein associate Ghislaine Maxwell tosit for a deposition at theFederal Correctional Institution Tallahassee on Aug. 11. But Comer ended up postponing the testimony,writing in a letterto Maxwell's attorney that the House panel will wait until afterthe Supreme Court considers her requestto overturn a sex-trafficking conviction and 20-year prison sentence. Reps. Thomas Massie, R-Kentucky, and Ro Khanna, D-California, have also beenleading effortsthat could force a House floor vote on a bill requiring the government to release all the Epstein files. They need 218 signatures to make that happen and plan to hold a press conference on Sept. 3 with victims of Maxwell and Epstein to drum up more support for their efforts. "The survivors deserve justice and the public deserves transparency,"Khanna wrote on X. Trump's longtime friendship with Epstein has been under scrutiny for years.Last month, the Wall Street Journal reportedthat the future president sent a lewd letter to Epstein for his 50th birthday as part of a leather-bound book with dozens of other messages, the Journal reported. Khanna and Rep. Robert Garcia, D-California,requested the bookin a letter sent to lawyers of Epstein's estate on July 25. More:She's inmate No. 02879-509 in Florida. But once again, Ghislaine Maxwell is holding court The New York Times also reportedthat former Epstein employee Maria Farmer told law enforcement in 1996 that she encountered Trump in Epstein's office and Epstein told Trump "No, no. She's not here for you." Some Democrats have claimed that Trump's recent actiondeploying the National Guardin D.C. to crack down on crime are an attempt to distract from the Epstein controversy. "He needs to get his base talking and thinking about something besides his refusal to open up the Epstein files because he's mixed up in them," former Transportation Secretary Pete Buttigiegsaid in a videoclip shared on X. But Vice President JD Vance has defended Trump in multiple interviews, arguing that the president wants full transparency on the issue. "President Trumphas demanded full transparency from this. And yet somehow the Democrats are attacking him and not the Biden administration, which did nothing for four years," Vance told Fox News' "Sunday Morning Futures" in an interview aired Aug. 10. This article originally appeared on USA TODAY:Lawmakers 'need to get the truth,' continue to push for Epstein files

Lawmakers keep pushing for release of Epstein files: 'Will not be buried for decades'

Lawmakers keep pushing for release of Epstein files: 'Will not be buried for decades' WASHINGTON - Though lawmakersare on their annu...
How long is Jordan Love out? Packers QB has thumb ligament injuryNew Foto - How long is Jordan Love out? Packers QB has thumb ligament injury

TheGreen Bay Packersare dealing with an injury to their starting quarterback less than a month before the 2025 NFL season begins. Packers general manager Brian Gutekunst announced Tuesday thatJordan Loveis dealing with a ligament issue in his left thumb. Gutekunst said the injury occurred during the team's Saturday preseason game against theNew York Jets, when Love banged his hand on a helmet. The quarterback had previously been spotted with his thumb taped up at Monday's practice. He did not miss any plays during the session, according tothe Milwaukee Journal Sentinel. Love will have surgery to fix his injured thumb. The surgery is scheduled for Tuesday, perNFL Network's Ian Rapoport. Love isn't expected to be sidelined long by the injury. Gutekunst said the team is hoping he will return to practice next week, and the team expects the 26-year-old to be ready for Week 1. "[He] shouldn't miss any regular-season time," Gutekunst said. As long as Love remains sidelined,Malik Williswill be the Packers' top quarterback. The 26-year-old was a third-round pick by the Tennessee Titans in the 2022 NFL Draft and was traded to the Packers before the 2024 NFL season. Willis made two starts during his first season in Green Bay. The Liberty product went 2-0 while completing 74.1% of his passes for 550 yards and three touchdowns. He also ran for 138 yards and a touchdown on 20 scrambles. MORE:Preseason Week 1 rookie QB rankings – Where does Taylor Elgersma finish? Love is one of four quarterbacks currently on Green Bay's depth chart. Below is a look at the pecking order among the group: Jordan Love Malik Willis Sean Clifford Taylor Elgersma (This story will be updated.) This article originally appeared on USA TODAY:Jordan Love injury update: Packers QB has thumb procedure

How long is Jordan Love out? Packers QB has thumb ligament injury

How long is Jordan Love out? Packers QB has thumb ligament injury TheGreen Bay Packersare dealing with an injury to their starting quarterba...
Shohei Ohtani and his agent accused of sabotaging luxury real estate deal in HawaiiNew Foto - Shohei Ohtani and his agent accused of sabotaging luxury real estate deal in Hawaii

Shohei Ohtaniand his agent sabotaged real estate developers in Hawaii, engineering "their wrongful and pretextual termination" that cost them millions of dollars, according to a recently filed state lawsuit. Investor Kevin Hayesandbroker Tomoko Matsumotoboth claimed that the Los Angeles Dodgers superstar and agent Nez Balelo launched an "unlawful scheme" to "wrongfully interfere" with their plans to build a luxury residential development within the Mauna Kea Resort, according to their complaint filed Friday in First Circuit Court. The $240 million housing project was slated to be built on the Big Island's Hapuna Coast,the Associated Pressreported. The plaintiffs said they got Ohtani to be a celebrity endorser of the development in 2023. "Though not a party to the agreement, Nez Balelo, a high-powered agent at Creative Artists Agency and Ohtani's longtime representative, inserted himself into every aspect of the relationship," the lawsuit said. "Balelo quickly became a disruptive force. He treated the Endorsement Agreement as a one-way street and responded to business matters with stonewalling or hostility. Whenever challenged, Balelo resorted to his go-to tactic: threat of default. On numerous occasions, Plaintiffs were told that unless they conceded to Balelo's ever-increasing demands, Ohtani would walk away from the deal." Ohtani and Balelo pressured other investors to eventually dump Hayes and Matsumoto from the project, according to the lawsuit. "Plaintiffs were given no warning and no opportunity to properly respond to their wrongful and pretextual termination, other than a brief phone call," the lawsuit said. "The pretext for this ... was a fabricated allegation: that Plaintiffs had misused Ohtani's NIL rights by including his image on a website promoting (the project)." Large swaths of the 13-page civil complaint were redacted, in the publicly listed filing, in spots that seemed to detail the defendants' alleged misdeeds. The plaintiff's attorney, Edward Saffrey, and Balelo could not be immediately reached for comment on Tuesday. Balelo and CAAare behind Ohtani's free agent deal with the Dodgers that's both one ofthe most lucrative— and management friendly — contracts in MLB history. When thetwo-way star Ohtaniagreed to play for the Dodgers in the winter of 2023-24 it was reported to be the biggest contract in baseballhistory at $700 million for 10 seasons. But within days, it emerged that most of that money will come in backloaded payments scheduled for years down the road and well after Ohtani's likely retirement from baseball. The reported $700 million deal isworth closer to $462 millionin monetary value of 2023-24. This past winter, New York Yankees free agent Juan Soto agreed to a$765 million deal with the arch rival Mets. The money from that dealis not backloadedlikeOhtani's.

Shohei Ohtani and his agent accused of sabotaging luxury real estate deal in Hawaii

Shohei Ohtani and his agent accused of sabotaging luxury real estate deal in Hawaii Shohei Ohtaniand his agent sabotaged real estate develop...
US Rep. Barry Moore, an Alabama Republican, launches bid for the SenateNew Foto - US Rep. Barry Moore, an Alabama Republican, launches bid for the Senate

MONTGOMERY, Ala. (AP) — Republican U.S. Rep. Barry Moore of Alabama announced Tuesday that he is running for the U.S. Senate, seeking the positionbeing vacated by Sen. Tommy Tubervillewho is running for governor. Moore is in his third term in Congress and is a member of the conservative Freedom Caucus. In a campaign video announcing his candidacy, he emphasized his history as an early supporter ofPresident Donald Trump. "I'm running for Senate because the people of Alabama deserve a Trump conservative and a working man who will defend their freedoms," Moore, who's in the construction and demolition business, said. He promised to "defend the MAGA agenda in the Senate, just like I have as a member of the Freedom Caucus in the House of Representatives." A former member of the Alabama Legislature, Moore was first elected to Congress in 2020. He has the rare distinction of winning elections in two different congressional districts. For the 2024 election, a federal court ordered Alabama to use anew congressional mapbecause the old map illegally diluted the voting power of Black residents. Moore's home was drawn out of his district by those new maps. Rather than moving to seek his old seat, Moore optedto challenge the incumbentRepublican in the more solidly Republican 1st District. He won the election after a hard-fought primary. In 2021, Moore's personal Twitter account was suspended — leading him todelete the account— following tweets he made in the wake of the Jan. 6 riot at the U.S. Capitol. With Tuberville running for governor instead of a second term in the Senate, the rare open seat is expected to draw a number of candidates. Alabama Attorney General Steve Marshall, a Republican,is also runningfor the Senate. The party primaries are May 19, 2026.

US Rep. Barry Moore, an Alabama Republican, launches bid for the Senate

US Rep. Barry Moore, an Alabama Republican, launches bid for the Senate MONTGOMERY, Ala. (AP) — Republican U.S. Rep. Barry Moore of Alabama ...
Democrats Respond as Trump Targets Other Cities After D.C.New Foto - Democrats Respond as Trump Targets Other Cities After D.C.

When Donald Trump announced thefederalization of local law enforcement and the deployment of the National Guardin Washington, D.C., on Monday, in an effort totackle crimeand "beautify" the city, he put other places on notice, too. "This will go further," the President said. "We're going to take back our capital … and then we'll look at other cities also," singling out Chicago, Los Angeles, New York, Baltimore, and Oakland. Democrats, whom Trump labeled "weak on crime," have responded to the "hostile takeover" of D.C. and threats to do so elsewhere. D.C. Mayor Muriel Bowser called Trump's move "unsettling and unprecedented," especially as the capital has actually, contrary to Trump's claims, seen adowntrend of crimein recent years. The Democratic Mayors Association called it a "political charade" to distract Americans. "Let's be clear: Crime is down in most major cities—including Washington, DC—in spite of Donald Trump, not because of him," the group said in astatement. "While there is still more work to be done, Mayors need a federal partner who works with them, not against them." California Gov. Gavin Newsom, who previouslychallenged Trump's mobilizationof the National Guard in California, suggested in a post on X on Monday that he "saw that coming" in reference to Trump's D.C. announcement. Newsomhad warned in a speech in Junethat "other states are next." Trump "was just getting warmed up in Los Angeles," Newsompostedseparately on Monday. "He will gaslight his way into militarizing any city he wants in America. This is what dictators do." Read More:Trump Has Deployed Troops At Home Like No Other President. Here Is Where He Has Sent Them Here's what to know about the other cities Trump mentioned and how their leaders have responded. Maryland's largest city, withmore than half a million people, has reported that crime has been on the decline. Adashboardoperated by the city police shows that violent crime to date decreased by some 17% in the last year. Similarly, homicides have been down by almost 28%, and property crimes by around 13%. Brandon Scott, the city's mayor, in response to Trump's announcement on Monday, said in astatementthat "when it comes to public safety in Baltimore, he should turn off the right-wing propaganda and look at the facts." Scott added that Trump was "distracting" from "the issues he should be focused on—including the roller coaster of the US economy thanks to his policies." Scott, along with Democratic Gov. Wes Moore and other Maryland elected officials, alsoissueda joint statement protesting Trump's "power grab" in D.C., which they said "is based on pure lies about our communities." Trump singled out the Illinois city of more than 2.7 million people in his press conference, criticizing the city's supposed scourge of crime, which the President alleged has been worsened by policies against cash bail. "Every place in the country you have no cash bail is a disaster," Trump said. Illinoismade history in 2023as the first state to eliminate cash bail as a condition of pre-trial release for people arrested. A year after it was passed, crime ratesin Illinois did not increase, debunking claims that removing cash bail requirements would worsen crime in the state. In Chicago specifically, the crime rate has gone down by 15% since 2023, according to Chicagopolice data. The office of Chicago Mayor Brandon JohnsoncalledTrump's claims about crime in major cities "misinformation." Johnson argued in a statement that Trump has actually been an impediment to greater progress. "In just two years we have made historic progress, driving down homicides by more than 30% and reducing shootings by almost 40% in the last year alone," Johnson said. "Last week, we learned that President Trump cut another $158 million in funding for violence prevention programs in cities like Chicago. These cuts are on top of the Trump administration dismantling the Office of Gun Violence Prevention and terminating more than $800 million in grants for anti-violence programs across the country." "If President Trump wants to help make Chicago safer, he can start by releasing the funds for anti-violence programs that have been critical to our work to drive down crime and violence. Sending in the national guard would only serve to destabilize our city and undermine our public safety efforts." After Trump's press conference on Monday, Los Angeles Mayor Karen Bassposted on XaLos Angeles Timesheadline:, "L.A. on pace to see lowest homicide total in nearly 60 years as killings plummet." Homicides, according to thearticle, have been on a "steady downward trajectory" since 2021. According to aMarch releasefrom Bass' office citing Los Angeles Police Department data, homicides decreased 14% in 2024 compared to the year prior, and shooting victims have decreased by 19% in 2024 compared to 2023. Bass had previously criticized the Trump Administration's "assault" on Los Angeles, after National Guard troops were mobilized in June to respond to anti-ICE raid protests.Speaking to MSNBCon Monday, Bass called the federal takeover of the D.C. a "performance" and a "phase of an experiment" that Democrats have to make sure "fails." Trump also mentioned his home city of almost 8.48 million. Despite itsreputation for crime, New York hasreportedthat homicides and shootings decreased for the third straight year. In January, the city reported its overall crime index went down by almost 3% in 2024, though there was an 19% increase in rape cases and a 5% uptick in felony assault cases. The President's warning that he's going to look at New York in "a little while" now looms over the upcomingmayoral electionin November. Former New York Gov. Andrew Cuomo, a Democrat who is running as an independent, warned that Democratic nominee and state AssemblymanZohran Mamdaniis unprepared to stand up to Trump. Cuomopostedon X: "What you're seeing in D.C. today is exactly what will happen if [Mamdani] becomes Mayor. Trump will flatten him like a pancake." "In 2020, Trump sent the National Guard into other states," Cuomo added, referencingTrump's response to nationwide social justice protestsafter George Floyd's death. "Not New York. There's only one person in this race who can stand up to Trump: the one who already has, successfully and effectively. NYC can't afford a rookie who needs on-the-job training to fight for us." Mamdani offered his own view: "Donald Trump does not respond well to cowardice," hesaid, according to CBS News. "He requires a response that showcases the ability to fight back against that same agenda, and that's what I would do if and when he makes these kinds of threats with regard to New York City." Mamdani and Cuomo are running against the incumbent Mayor Eric Adams, who said via a spokesperson, according to CBS News, that New York City "doesn't need any help from our federal counterparts in driving down crime—we are doing it on our own every single day." Earlier Adamssaidhis Administration is focused on "not just the numbers and the stats" but on helping New Yorkers "feel" safe. Barbara Lee, Oakland's mayor, said in astatementthat Trump's characterization of Oakland, which he called "so far gone," is "wrong and based in fear-mongering in an attempt to score cheap political points." The California city of approximately 440,000 has seen violent crime plummet by almost a fifth from 2023 to 2024, according to data from the city's police department, which alsoshowsthat crime has gone down in almost every single category. Contact usatletters@time.com.

Democrats Respond as Trump Targets Other Cities After D.C.

Democrats Respond as Trump Targets Other Cities After D.C. When Donald Trump announced thefederalization of local law enforcement and the de...
Italian athlete Mattia Debertolis dies aged 29 after collapsing at World GamesNew Foto - Italian athlete Mattia Debertolis dies aged 29 after collapsing at World Games

Italian orienteering athlete Mattia Debertolis has died after collapsing at the World Games, organizers said on Tuesday. In ajoint statementfrom the International World Games Association, the local organizing committee (LOC) and the International Orienteering Federation (IOF), the World Games said that the 29-year-old was found unconscious during the men's middle-distance race in the orienteering competition on August 8 in Chengdu, China. Although the Italian was rushed to hospital where he received immediate medical care, he passed away on Tuesday. The World Games statement said that they are "struck by this tragedy and extend their heartfelt condolences to the family and friends of the athlete and the whole Orienteering Community. Our thoughts are with those touched by this event." The statement did not give a cause of death. Debertolis was part of the Italian Orienteering Federation's (FISO) team at the 2025 World Games. Orienteering is a sport where athletes race across an unfamiliar terrain with the use of a map and a compass. The sport challenges participants' ability to problem solve and navigate outdoor challenges, all against the clock. The IOF separately expressed their condolences to Debertolis' family and friends. "I am not able to adequately describe in words the unfathomable dept of sadness in this tragic loss of life. Our thoughts are with all who mourn Mattia. I encourage the global orienteering community to honor his memory," IOF president Tom Hollowellsaid. According to FISO, the mountain bike orienteering races being held in Poland will see the awards ceremony with flags at half-mast to honor Debertolis. Debertolis had been a mainstay in Italy's national orienteering team for years, competing in multiple World Championships and World Cups. Participating in Italy's fifth-place finish at the World Cup Final 2022 Relay is one of Debertolis' career achievements on the international circuit. Born in the Primiero valley in Italy, Debertolis participated in orienteering, cross-country skiing and soccer as a youth, but his love for navigating meant he chose to compete in elite orienteering. Away from competing, Debertolis was also trained as a civil engineer. He was studying for a PhD at the University of Stockholm, where he lived. For more CNN news and newsletters create an account atCNN.com

Italian athlete Mattia Debertolis dies aged 29 after collapsing at World Games

Italian athlete Mattia Debertolis dies aged 29 after collapsing at World Games Italian orienteering athlete Mattia Debertolis has died after...

 

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