Trump say he's firing FEC Chair. She tells CNN she's not leaving.
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Buzz Feed
25 minutes ago
- Buzz Feed
Trump's Drug Price Claims Spark Disbelief Online
Donald Trump's math on cutting drug prices didn't add up. Again. The president this weekend repeated his promise to get pharma companies to lower the cost of medications for Americans, who often have to pay much more for certain drugs than people abroad. But the actual amount of the 'tremendous drop' in cost that Trump boasted about had critics scratching their heads. 'You know, we've cut drug prices by 1,200, 1,300, 1,400, 1,500%,' Trump said. CNN 'I don't mean 50%. I mean 14, 1,500%,' he added. CNN But as many on social media pointed out, that would mean all drugs are free and people actually get paid to receive them. Trump: You know, we've cut drug prices by 1200, 1300, 1400, 1,500%. I don't mean 50%. I mean 1400, 1,500% — Acyn (@Acyn) August 4, 2025 @Acyn / CNN / Via Also, drug prices haven't actually come down, despite Trump's pressure on pharmaceutical companies. Trump appeared to acknowledge that when he later said, 'We'll be dropping drug prices ... by 1,200, 1,300 and even 1,400% and 500% but not just 50% or 25%, which normally would be a lot because the rest of the world pays much less for the identical drug.' CNN Reality is 'eroding before our eyes,' said one critic. Others agreed. Tomorrow, it'll be eleventy thousand percent, and the media will report it without question, and we'll all shake our heads and move along, and it'll be just another day of reality eroding before our eyes. — Jennifer Erin Valent 🇺🇸🇺🇦 (@JenniferEValent) August 4, 2025 @JenniferEValent / CNN / Via Time and again, he's shown himself to be utterly innumerate. — George Conway 👊🇺🇸🔥 (@gtconway3d) August 4, 2025 @gtconway3d / CNN / Via Same guy currently claiming he fired the job numbers expert over bad statistics. — J.J. Abbott (@jjabbott) August 4, 2025 @jjabbott / CNN / Via It's great that we have a numerically illiterate person unilaterally in charge of our tariff policy. — Gregg Nunziata (@greggnunziata) August 4, 2025 @greggnunziata / CNN / Via Wharton (undergrad) called, and they would like their degree back. — Sedge Dienst🇺🇦 (@SedgeDienst) August 4, 2025 @SedgeDienst / CNN / Via 100% would mean all drugs are free. So this is @realDonaldTrump seriously claiming that drug companies are now paying US 14 times the price of our medications just to take them. Dumbest man on the fucking planet. — Andrew—#IAmTheResistance—Wortman (@AmoneyResists) August 4, 2025 @AmoneyResists / CNN / Via I think he MAY have failed first year stats. — Peter Baugh (@PWBaugh) August 4, 2025 @PWBaugh. CNN / Via Is it too much to ask for a president who knows how numbers work. — Michael Freeman (@michaelpfreeman) August 4, 2025 @michaelpfreeman / Via this was in the same discussion in which the president reiterated that he didn't trust the math of the Bureau of Labor and Statistics on the economy: — Edward-Isaac Dovere (@IsaacDovere) August 4, 2025 @IsaacDovere / Via There's a real temptation here to make a joke, or to ask which drugs these are that pharma companies are now paying patients to take, because let's all get in on it! But honestly, all I can feel is sad that someone this stupid could be our president. Again. — Dr. Michelle Au (@AuforGA) August 4, 2025 @AuforGA / Via He lies as he breathes. — Wajahat Ali (@WajahatAli) August 4, 2025 @WajahatAli / Via
The Hill
an hour ago
- The Hill
Bacon: Nebraska GDP down 6 percent under Trump
Rep. Don Bacon (Neb.), a moderate Republican, said he's concerned about the U.S. economy, noting his state saw a 6 percent annual drop in real gross domestic product (GDP) in the first quarter of 2025. In an interview with CNN's Phil Mattingly, Bacon pointed to the recent jobs data and the latest round of tariffs as reason for his pessimism about the economy. 'From my vantage point here in Nebraska, we're seeing a bit of a troubled economic mess — or, right now, it's a troubled time,' Bacon said. 'In Nebraska, the GDP here has decreased by 6 percent over the last year, and it's all about trade, it's all about getting corn and soybeans out the door,' Bacon continued. 'So, what I hear with, you know, weak jobs numbers, we're sort of seeing that in Nebraska right now.' The Commerce Department's Bureau of Economic Analysis released a report in late June showing real GDP in the first quarter of 2025 decreased in 39 states, with Nebraska and Iowa showing the largest decline with annual rates of -6.1 percent. Declines in agriculture contributed most significantly to the drop. Bacon, one of three House Republicans reelected in districts that voted for the former Vice President Harris- Gov. Tim Walz (D-Minn.) ticket in 2024, has criticized President Trump's trade policy in the past. He again expressed his support for free and fair trade, saying, 'Free trade provides the best products at the best price, in the most efficient manner,' while adding that, in circumstances where 'it's not fair trade, the president should try to correct that.' 'But doing tariffs against 80 different countries, I have a hard time accepting that as a sound strategy,' Bacon continued. 'I think in the end the American consumer would be paying a lot more for the price of their goods. And we're already starting to see that because in the end, tariffs are a tax on consumers.' The lawmaker, who is retiring at the end of his term, said he's hearing from Fortune 500 companies and agriculture producers that 'we're losing a share of the market right now,' which he said is going to affect jobs numbers and is already having a small effect on inflation, which Bacon expects to increase. 'But if the president sticks with these numbers, I think over time, these 25 percent tariffs will be represented in the goods we buy from these countries. And so I'm concerned about the strength of our economy,' he said.
Newsweek
an hour ago
- Newsweek
Democrats' Chances of Flipping Joni Ernst's GOP Senate Seat in Iowa—Polls
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Democrat Jackie Norris jumped into the Iowa Senate race to challenge GOP Senator Joni Ernst on Tuesday in a race Democrats are hoping they can make competitive next November. Bryan Kraber, Ernst's campaign manager, told Newsweek Iowans will "reject this Obama-era bureaucrat" in a statement responding to Norris' candidacy. Newsweek also reached out to Norris' campaign for comment via email. Why It Matters Democrats are facing a challenging Senate map ahead of the midterms, despite hopes that President Donald Trump's diminishing approval rating could fuel a 2018-style "blue wave" across the country. The party has to turn to states like Iowa, a former battleground that has shifted rightward over the past decade, as potential flip opportunities if they have any hope of taking back control of the upper chamber. Iowa has not elected a Democratic senator since 2008 and backed Trump in each of his three presidential bids—including by 13 points last November, an indication of how Republican the state has become. Nonetheless, Democrats remain hopeful that a strong national environment, as well as backlash over Ernst's recent Medicaid comments, can make the race more competitive than expected. Iowa Senator Joni Ernst speaks during The Hill & Valley Forum 2025 at The U.S. Capitol Visitor Center on April 30, 2025, in Washington. Iowa Senator Joni Ernst speaks during The Hill & Valley Forum 2025 at The U.S. Capitol Visitor Center on April 30, 2025, in 137 Ventures/Founders Fund/Jacob Helberg What To Know Norris emphasized her experience as a teacher and school board member in a video announcing her candidacy released on Tuesday. "As a teacher and a school board member, you see the invisible burdens families are carrying," she said. "Take the Medicaid cuts. Who is it impacting? Middle class families right now, they can't afford to put food on the table. We have to find a way to make things more affordable for families." Early polls of the race suggest Ernst will have an advantage in Iowa. A Public Policy Polling survey found that Ernst would lead a generic Democrat by about two percentage points—45 percent to 43 percent, with 12 percent still unsure. However, the poll did not ask voters about specific Democratic candidates. The survey of 568 Iowa voters was taken from June 2 to June 3. A Data for Progress poll from May found that Ernst would have a lead over most Democratic candidates on an informed ballot. When asked about Norris, voters preferred Ernst by about six points (50 percent to 44 percent). Democrat Nathan Sage fared better, leading Ernst by about two points (47 percent to 45 percent). Ernst also led State Representative J.D. Scholten by six points (49 percent to 43 percent) and State Senator Zach Wahls by 10 points (52 percent to 42 percent). The poll surveyed 779 likely voters from May 7 to May 12. Republicans are favored to hold the Iowa Senate seat, according to Kalshi betting odds, which give the GOP a 74 percent chance and Democrats a 26 percent chance of winning next November. Outside of Iowa, Democrats view the Maine seat held by Senator Susan Collins and the open North Carolina seat as their best opportunities to pickup a win in a GOP-held seat next November. Maine backed former Vice President Kamala Harris by about seven points, while North Carolina backed Trump by about three points last November. Republicans currently have a 53-47 majority, so Democrats need to win multiple double-digit Trump states like Iowa, Ohio or Texas to win back control of the Senate. Democrats are also defending seats in Georgia and Michigan, both of which backed Trump last year. What People Are Saying Bryan Kraber told Newsweek: "Our state is ruby red because Iowans reject higher taxes, open borders, and woke ideology, just like they will reject this Obama-era bureaucrat" Democratic hopeful Jackie Norris wrote in a press release: "Red versus blue isn't fixing anything. Iowa needs a Senator who doesn't just talk tough but rolls up their sleeves, and has the grit and experience to actually get something done." Sabato Crystal Ball forecasters J. Miles Coleman and Kyle Kondik wrote in a June update: "In 2014, [Ernst] won as part of a broader GOP wave—and she got help from a gaffe-prone opponent. Six years later, she won reelection as Trump was carrying Iowa by a strong margin (Ernst ran a little bit behind Trump). It's possible that 2026 could be like 2018: Iowa did not have a Senate election that year, but Democrats did end up winning three of the state's four U.S. House seats that year, and we suspect that if Iowa had had a Senate election, it likely at least would have been close." What Happens Next Ernst has not confirmed her plans for the 2026 election. Both the Cook Political Report and Sabato's Crystal Ball consider the race to be Likely Republican.
