LyrArc Article Gist
Karen Handel, Republican, and Jon Ossoff, Democrat, compete in Georgia's 6th Congressional District in the most costly House race in history. It has become a referendum on Trump. Democrats need 24 more seats to get a majority in the House of Representatives, and Georgia is the place where they have started their effort. Yet experts say voters are deciding based on the candidates and their merits not just the party or Trump.

LyrArc Article Gist
Cruz gets more 10 more delegates than Trump following a tight election in Louisiana Republican primary. Rubio delegates in Louisiana committed to Cruz, and other non committed delegates.

LyrArc Article Gist
A provision in tax code letting companies expense investments in US including R&D in 5 years expired in 2022. For budget reasons it was not renewed. The DJT Big Beautiful Bill lets US companies expense R&D in 1 year compared to the 15 years in overseas investments. This is leading to a surge in R&D investment and hiring by companies. Fed's Powell sees this as one of the big positive factors for the US economy in 2025-2028.

The change lowers cost of hiring by 20-25% and this means more engineers and other people are going to be hired.

LyrArc Article Gist
Republicans push for a swift acquittal for president Trump in the Senate and state the rules for impeachment proceedings in the Senate.

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Kamala Harris laid out her economic plan for Cost of Living Action at a rally in Raleigh, North Carolina. This includes action to restrict price gouging, excessive prices of supermarkets for groceries. It includes restricting rent increases to 5%, a first time home buyer help with down payment of $25,000, and a child tax credit of $6000 per child.

Kamala Harris said:

"Your salary should be enough to provide you and your family with a good quality of life … such as, no child should have to grow up in poverty. Such as, after years of hard work, you should be able to retire with dignity, and you should be able to join a union if you choose.”

“Our supply chains have now improved, and prices are still too high,” Harris said. “Many of the big food companies are seeing their highest profits in two decades. And while many grocery chains pass along these savings, others still aren’t."

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With Japanese PM Shigeru Ishiba present DJT announces investment by New Nippon Steel in US Steel at a White House press conference.

Both the Biden administration and the new DJT administration opposed the $14.1 billion takeover of US Steel by New Nippon Steel of Japan. 

DJT says- "They’re doing it as an investment, no longer a purchase. I didn’t want it purchased, but investment I love."