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Trump’s $5,000 dividend would reignite inflation and swell the U.S. deficit, economists say

President Trump’s vow to send $5,000 to every U.S. adult if the Republican Party keeps control of Congress in the midterm elections would drive up the federal deficit, reignite inflation and alarm investors, according to economists. After Mr. Trump raised the idea of such a dividend on Wednesday night at the Republican National Committee’s midterm…

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Full transcript of “Face the Nation with Margaret Brennan,” Aug. 23, 2026

On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan:  Neel Kashkari, Minneapolis Fed president and CEO Dr. Mehmet Oz, Centers for Medicare & Medicaid Services administrator   Dr. Scott Gottlieb, former FDA commissioner   Rep. Byron Donalds, Republican of Florida and candidate for governor  Rep. Seth Moulton, Democrat of Massachusetts and…

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Transcript: Neel Kashkari, Minneapolis Fed president and CEO, on “Face the Nation with Margaret Brennan,” Aug. 23, 2026

The following is the transcript of an interview with Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis that aired on “Face the Nation with Margaret Brennan” on Aug. 23, 2026. MARGARET BRENNAN: For more on what’s next for the American economy, we’re joined by Neel Kashkari, President and CEO of the…

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National debt tops $40 trillion after doubling in less than a decade, Treasury data shows

The national debt topped $40 trillion, according to Treasury Department data released on Wednesday, representing a fiscal milestone that underscores the federal government’s mounting borrowing and interest costs.   The Treasury Department’s daily financial report shows that the nation’s debt reached $40.05 trillion on August 18, more than double its level in 2017. The federal debt has…

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