Closing summary
Thanks for following the US politics blog today. We’re closing down here, but you can keep up with developments in our live blog covering the Texas elementary school massacre here.
Donald Trump’s grip on the Republican party loosened with defeat for his “big lie” candidates in several key Georgia primary races. But the former president was more focused on his weekend appearance at the national rifle association’s weekend convention in Houston.
Meanwhile, Pennsylvania’s Republican Senate primary from last week might not be settled until next month after the state’s elections chief said the deadlocked race between Trump’s pick, celebrity TV doctor Mehmet Oz, and David McCormick, was headed for a recount.
Here’s what else we followed:
- Joe Biden’s hopes of taming inflation before November’s midterm elections were dashed by an economic outlook released by the congressional budget office on Wednesday afternoon that says the crisis will persist into next year.
- Senate majority leader Chuck Schumer said Democrats would not immediately bring gun legislation to a vote because of Republican opposition.
- Public approval of the supreme court dropped sharply to 44% following the leak of a draft opinion that would overturn the Roe v Wade decision guaranteeing abortion rights nationwide, according to a Marquette Law School poll.
- Liz Cheney, the Republican vice chair of the January 6 House panel investigating Donald Trump’s insurrection, has Covid-19.
Updated
Joe Biden’s hopes of taming inflation before November’s midterm elections look to have been dashed by an economic outlook released by the congressional budget office on Wednesday afternoon that says the crisis will persist into next year.
High prices and the soaring cost of gas threaten to derail Democrats’ hopes of retaining control of Congress in the fall, and Biden last week promised tackling them was his “top domestic priority”.
Wednesday’s report from the non-partisan agency predicts the consumer price index will rise 6.1% this year and 3.1% in 2023, the Associated Press said. This forecast suggests that inflation will slow from current annual levels of 8.3%, yet would still be dramatically above a long-term baseline of 2.3%.
The CBO cautions its numbers “are subject to considerable uncertainty, in part because of the ongoing pandemic and other world events,” including Russia’s war in Ukraine.
Maya MacGuineas, president of the committee for a responsible federal budget, told the AP ahead of the report’s release that the pandemic, war in Ukraine and other factors point to the importance of reducing the annual deficit.
“Unfortunately, the underlying story here is one of fiscally unsustainable positions and on top of that, we have this added challenge of inflation and a reminder that external shocks continue to come at us,” she said.
CBO Director Phillip Swagel highlights the main findings of "The Budget and Economic Outlook: 2022 to 2032," which was released today. https://t.co/AanxPE9ctK
— U.S. CBO (@USCBO) May 25, 2022