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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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Democratic socialist candidate Angie Nixon says “it’s not about labels” after Florida Senate primary victory

Washington — Florida state Rep. Angie Nixon, a democratic socialist candidate who pulled off an upset victory over a more moderate opponent to win the Democratic nomination in the Florida Senate race, said on Wednesday that “it’s not about labels.” “It’s not necessarily a socialist message or a progressive message,” Nixon said on “CBS Mornings.”…

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1785919910 cbsn fusion breaking down the race between el sayed and stevens for michigans democratic senate primary thumbnail

Abdul El-Sayed and Haley Stevens in tight contest as Michigan counts Democratic Senate primary votes

Tuesday’s Michigan Democratic Senate primary race remains unsettled, with progressive Abdul El-Sayed holding onto a narrow lead over moderate Haley Stevens with votes still being counted. CBS News was describing the race overnight Wednesday as leaning toward El-Sayed. The race between the progressive former health official and Stevens, a moderate congresswomen, has served as an…

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