A prominent U.S. Senate Republican warned on Saturday that former President Donald Trump's second impeachment trial could lead to the prosecution of former Democratic presidents if Republicans retake the chamber in two years. Trump this month became the first U.S. president to be impeached twice after the Democratic-controlled House, with the support of 10 Republicans, voted to charge him with incitement of insurrection for a fiery Jan. 6 speech to his followers before they launched a deadly assault on the Capitol.
The Republican senator from Missouri claimed he was being muzzled in the most un-muzzled way possible.
The former president has all but vanished from public view while his former team navigates an unforgiving job market.
Data: New York Fed Consumer Credit Panel/Equifax; Chart: Axios VisualsThere’s a growing consensus among Americans who want President Biden to cancel student debt — but addressing the ballooning debt burden is much more complicated than it seems.Why it matters: Student debt is stopping millions of Americans from buying homes, buying cars and starting families. And the crisis is rapidly getting worse.Support safe, smart, sane journalism. Sign up for Axios Newsletters here.By the numbers: Student debt — which stands at $1.55 trillion — is the biggest category of debt Americans owe, aside from mortgages. * Most borrowers are white, but Black college graduates owe an average of $25,000 more than their white counterparts. * According to a new Harris Poll survey, 64% of Americans support canceling some student debt, and 55% support canceling all of it.What's happening: Biden has proposed immediately cancelling $10,000 of federal student loan debt for every borrower. The move would cost around $370 billion. * That would eliminate debt for the 15 million borrowers that owe $10,000 or less — a broad-based approach that would help all 42 million borrowers.Yes, but: Here's what that alone wouldn't do: * It wouldn't make much of a difference for the nearly 30 million borrowers who owe more than $10,000. Many of them went to graduate school and owe hundreds of thousands. * It wouldn't stimulate the economy. Student debt stops many from investing or buying property, which is a drag on the economy, but canceling a small amount of debt wouldn't change that, experts say. * It wouldn’t target the most vulnerable borrowers. Canceling the same amount of debt for all doesn’t account for the fact that many Americans with student debt are also among the most well-educated and high-earning individuals. * It wouldn't help future borrowers. “The problem with forgiving student debt is that every day we’re making new loans in this broken system,” says Adam Looney, an economist at the University of Utah. “You’ve not solved the problem.”Insurmountable student debt is a recent phenomenon, Looney says. It's been growing at six times the rate of the U.S. economy, and it's only getting worse. * There are no limits on how much students can borrow and few restrictions on how they spend the money. * And, on top of that, the cost of college and graduate school is skyrocketing. As a result, young people are borrowing sums of money they can’t possibly repay and many are using that money to pursue degrees at online or for-profit colleges with higher than average dropout rates.What we're watching: Among the American public, canceling debt isn't a fringe or far-left idea any more. * In the Harris Poll survey, 78% support putting restrictions on the price of a university education. And 59% support no tuition at public universities.Be smart: sign up FREE for the most influential newsletter in America.
- PoliticsThe Telegraph
The acrimonious split within Republican ranks widened over the weekend as Donald Trump made his foray back into politics, backing the re-election of a hard-line supporter as chair of the party in Arizona. His wholehearted support for Kelli Ward was seen by allies as the former president firing a warning shot across the bows of any Republican senators considering backing his impeachment. Underlining Mr Trump’s grip on the Republican grassroots, the Arizona party also voted to censure John McCain’s widow, Cindy, former senator Jeff Flake and governor Doug Ducey, who refused to back the former president’s claims of election fraud. Mr Trump’s intervention came amid reports that he is considering setting up a “Patriot Party” which would spearhead primary challenges to his opponents in the 2022 mid-term elections. The former president has already amassed a massive war chest with his Save America political action committee declaring last month that it had raked in $207.5 million in donations.
- SportsYahoo Sports
Stefon Diggs wanted to see the Chiefs celebrate.
- LifestyleKCRA - Sacramento Videos
A person who received a COVID-19 vaccine died hours after receiving the dose, according to the Placer County Sheriff’s Office. Deputies say the person tested positive in late December and received the vaccine Thursday. The county’s public health department did not administer the vaccine. Officials said several agencies are investigating the cause of death. "There are multiple local, state, and federal agencies actively investigating this case; any reports surrounding the cause of death are premature, pending the outcome of the investigation," the sheriff's office said.