THE SHOW NOTES: Why The Biden Plan is Foolish
Welcome! McCarthy rejects Zelenskyy’s invitation to Ukraine.
NEW: WWE in talks with state gambling regulators to legalize betting on scripted match results - CNBC
MUST READ: The Democrats’ Coming Asian Voter Problem Has Arrived
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Clip of the day:
Credit Card Debt
Credit card debt surged by more than 18% at the end of 2022 as inflation peaked and interest rates hit all-time highs.
Details: The average credit card balance for an American household surged to $5,805 leaving the nation’s total credit card balance at a record $930.6 billion.
The disturbing part from CNBC:
“The increase in delinquencies is something to watch,” said Michele Raneri, vice president of U.S. research and consulting at TransUnion. As long as unemployment stays down, households are better able to pay their bills, she noted. “If unemployment goes up, and we see a spike in delinquencies, then that indicates a longer-term problem.”
Arkansas Passes School Choice
Sarah Huckabee Sanders is the latest red state governor to sign a school choice bill into law. The bill was passed just 16 days after introduction by an overwhelmingly margin in both chambers.
What is it: The program allows parents to receive a state-issued voucher that can be applied to the cost of their children’s tuition at a different school.
Big picture: States like Florida have implemented school choice with great success and have grown Republican majorities in the process by winning over single mothers and minority familes.
More Trump Admissions
Jenna Ellis - a lawyer for the Trump team - admitted that on 10 seperate occasions she misrepresented evidence in regards to the 2020 election being stolen. Ellis faced a disciplinary hearing in her home state of Colorado where she admitted her and her team pushed baseless allegations on television and on Twitter.
The Colorado Supreme Court’s Office of Attorney Regulation Counsel said the following:
“The public censure in this matter reinforces that even if engaged in political speech, there is a line attorneys cannot cross, particularly when they are speaking in a representative capacity,” the office said.
A Win For Guns
Visa and Mastercard have confirmed they are pausing work on implementing a national gun registry that would track firearm sales. Here’s the paragraph that matters from Bloomberg:
Visa and Mastercard have previously said the new system might not have had the impact that gun-control advocates had hoped. That’s because the proposed code wouldn’t offer the level of detail needed to show what customers were actually buying — making no distinction between, say, automatic rifles and safety equipment. And many politicians and Second Amendment advocates decried the proposed code as an intrusion on constitutional rights and privacy.
The rest of the news: