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Trump says midterms won't impact Iran war efforts: 'I'm not running'

President Donald Trump said the looming November midterms won't affect his commitment to the Iran war ‒ noting that he's not on the ballot.

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Sep 2 • 5:10 PM EDT • Politics • usatoday.com
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Doctors say they’re filling a void left by CDC on vaccines. Here’s what to know about flu, Covid-19 and RSV this fall

With children back in school and the looming threat of respiratory viruses like Covid-19, influenza and RSV on the horizon, many people may now be wondering how to stay healthy.

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Sep 2 • 10:00 AM EDT • Health • cnn.com
Indiana University Athletics and JLab Announce Partnership Extension as Part of Jlab’s 2026-27 College Sports Campaign

BLOOMINGTON, Ind. — Indiana University Athletics and JLab have announced the expansion of their successful multi-year partnership, marking JLab's ongoing sup...

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Sep 2 • 5:11 AM EDT • Sports • iuhoosiers.com
Mental health program brings concert, connection to IU Bloomington

Future Friends aims to address the loneliness epidemic on college campuses.

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Sep 1 • 3:54 PM EDT • Health • axios.com
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Health crisis looming as Gaza heads towards rainy season, warns WHO

Water quality in embattled Palestinian enclave already poor; flooding will exacerbate threat to health, says UN agency.

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Sep 1 • 2:22 PM EDT • Health • aljazeera.com
Mayor's Memo: Hatch Bloomington Loves Local supports small businesses

There’s something special about a community where local businesses aren’t just places to visit.

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Sep 1 • 12:08 PM EDT • Business • bloomingtonmn.gov
Venice Film Festival to Kick Off With Steady Stream of Stars, Politics

The Venice Film Festival is set to kick off on Wednesday with a steady stream of stars on the red carpet and politics looming in the backdrop.

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Sep 1 • 8:00 AM EDT • Politics • variety.com
House expected to vote on funding bill, including delay of hemp restrictions

The measure includes legislation that would delay for one month a looming federal ban on many intoxicating hemp products

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Aug 31 • 6:02 PM EDT • Politics • spectrumnews1.com
Pirates Series Takeaways: Offense Needed to Compensate, Griffin’s Looming Return

The Pirates’ lengthy nine-game road trip that spanned 11 days and three cities is finally over. After getting swept by […]

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Aug 30 • 6:15 PM EDT • Sports • sports.yahoo.com
6 potential surprise cuts by Bears include preseason standouts

With roster cuts looming, there are sure to be some surprising moves by the Bears. Here are some potential surprise cuts for Chicago.

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Aug 30 • 7:35 AM EDT • Sports • sports.yahoo.com
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Eagles' most agonizing roster decision looming on 2026 cutdown day

With their preseason finale against the Cincinnati Bengals officially in the books, the Philadelphia Eagles have already begun the process of trimming down their 90-man roster to a 53 . Carson Steele, the owner of Crocky J and basically every offensive highlight of the preseason? Gone . Quez Watkins? Gabe Hall? Zion Wilson? Ambry Thomas? Gone, […] The post Eagles' most agonizing roster decision looming on 2026 cutdown day appeared first on ClutchPoints.

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Aug 29 • 6:12 PM EDT • Sports • sports.yahoo.com
5 roster bubble players to watch during Bears' preseason finale

With roster cuts looming, there are a number of Chicago Bears roster bubble players looking to make a strong impression in the preseason finale.

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Aug 29 • 11:28 AM EDT • Sports • sports.yahoo.com
Vikings' most agonizing roster decision looming on 2026 cutdown day

The Minnesota Vikings have not had many secrets regarding their roster this summer. The focus for head coach Kevin O’Connell has been on the quarterback position since the end of last season. That’s when the 9-8 Vikings took a hard look at their season and came to the conclusion that they did not get the kind of quarterback play they needed to win […] The post Vikings' most agonizing roster decision looming on 2026 cutdown day appeared first on ClutchPoints.

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Aug 28 • 9:45 PM EDT • Sports • sports.yahoo.com
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49ers' most agonizing roster decision looming on 2026 cutdown day

The San Francisco 49ers are approaching the final stages of the 2026 preseason with a roster that looks increasingly defined at the top but painfully unsettled underneath. With assistant head coach Chris Foerster helping steer daily operations during Kyle Shanahan’s recovery from an offseason vehicle accident, the exhibition slate provided really […] The post 49ers' most agonizing roster decision looming on 2026 cutdown day appeared first on ClutchPoints.

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Aug 28 • 1:58 AM EDT • Sports • sports.yahoo.com
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Steelers CB Joey Porter Jr. named as trade candidate before NFL cutdown day

With final roster cuts looming, Pittsburgh Steelers cornerback Joey Porter Jr. has been named one of the biggest trade candidates to watch.

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Aug 27 • 2:30 PM EDT • Sports • sports.yahoo.com
Highlights/scores: High school sports (08/26/26)

CENTRAL ILLINOIS (WCIA) – An action packed opening week of fall sports in Central Illinois continued on Wednesday. Check out highlights above, plus more scores below from volleyball, girls’ flag football and boys’ soccer around the WCIA 3 viewing area. GIRLS’ FLAG FOOTBALL Champaign Central 78, Bloomington 6 Peoria High 12, Champaign Centennial 8 Urbana […]

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Aug 26 • 11:57 PM EDT • Sports • sports.yahoo.com
The SEC wanted unity. LSU chose to abstain, maintain renegade status

An abstention vote, former NFL players and looming lawsuits have put LSU at the center of a high-stakes fight over athlete eligibility.

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Aug 26 • 5:21 PM EDT • Sports • sports.yahoo.com
Driven: The 992.2 Porsche 911 GT3 Touring earns its keep

The "everyday" GT3 delivers, despite looming regulations and an ever-inflating price tag.

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Aug 26 • 1:25 PM EDT • Technology • arstechnica.com
Chiefs' most agonizing roster decision looming on 2026 cutdown day

Kansas City has spent the 2026 offseason trying to rebuild the margins around Patrick Mahomes. However, their final roster decisions may prove more painful than the biggest personnel moves. One of the most intriguing battles is for a place behind Mahomes and Justin Fields. Garrett Nussmeier has performed well enough throughout camp to make keeping […] The post Chiefs' most agonizing roster decision looming on 2026 cutdown day appeared first on ClutchPoints.

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Aug 26 • 1:41 AM EDT • Sports • sports.yahoo.com
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Bears' most agonizing roster decision looming on 2026 cutdown day

The Chicago Bears’ most difficult roster decision may come down to a player who never sees the field on opening night. With Caleb Williams certainly comfortable in Ben Johnson’s offense and the starting units beginning to take shape, Chicago’s roster picture is becoming clearer by the day. Yet the battle for the final running back spot has refused […] The post Bears' most agonizing roster decision looming on 2026 cutdown day appeared first on ClutchPoints.

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Aug 26 • 1:11 AM EDT • Sports • sports.yahoo.com
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The Psychology of Tribalism Is Damaging Politics

Since he first walked this earth, man has organized himself into tribes. There is safety in numbers and, along with physical and practical advantages, comes the most appealing benefit: belonging.Politics is no different. With the midterm election looming, examining the psychological forces and incentives that drive tribal behavior can help us understand political movements and electoral outcomes.For most of the human species, the feeling of belonging isn’t just a desire; it is a biological and psychological necessity. We are, after all, social creatures.

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Aug 25 • 9:06 PM EDT • Politics • heritage.org
Chiefs Balancing Flexibility but 'Open for Business' With Roster Cuts Looming

With the 53-man roster deadline on the horizon, KC's leaving the door open for an addition.

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Aug 24 • 8:00 AM EDT • Business • si.com
Healthcare costs, Medicaid cuts draw increased scrutiny from NC Democrats ahead of midterms

Under the One Big Beautiful Bill Act, North Carolina is expected to lose nearly $50 billion over the next 10 years, according to analysis by the NC Department of Health and Human Services. Democrats say families will be hard hit by the looming cuts.

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Aug 24 • 6:05 AM EDT • Health • ncnewsline.com
TikTok’s International Revenues Boom To $9.1 Billion Despite Looming Europe Fines

TikTok made $9.1 billion and its first profit in Europe and Latin America but faces a wave of lawsuits and investigations from European regulators.

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Aug 20 • 9:21 AM EDT • Business • forbes.com
Report: Lakers continue usual business despite sale, Buss family dispute

Sources said that L.A. Lakers were business as usual Monday despite the looming team sale to the Iger/Kushner group and the Buss family dispute.

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Aug 19 • 11:29 AM EDT • Business • sportsbusinessjournal.com
Three Commanders Under the Preseason Microscope vs. Detroit

With roster cuts looming, every preseason snap matters. Three Commanders players in particular have plenty to prove against the Detroit Lions. Another disappointing performance could put their spots on the 53-man roster in jeopardy.

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Aug 19 • 6:00 AM EDT • Sports • sports.yahoo.com
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‘We cannot send this item’: Ontario business pivots as Canada-U.S. tariff deadline looms

As trade talks continue between the U.S. and Canada, businesses on both sides of the border are bracing for potential fallout from a looming tariff deadline. That negotiation deadline between the U.S. and Canada is Wednesday.

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Aug 17 • 8:19 PM EDT • Business • wxyz.com
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Pirates improved in power rankings despite looming Paul Skenes dilemma

Should Pirates fans be worried about their ace?

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Aug 17 • 4:30 PM EDT • Sports • sports.yahoo.com
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Seahawks Signing: Champs Reveal Terrion Arnold Gamble Thoughts

Coach Mike Macdonald cites deep due diligence and locker room strength as Seattle bets on the talented cornerback despite serious legal hurdles and a looming suspension.

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Aug 17 • 7:54 AM EDT • Sports • sports.yahoo.com
Two visions of America are emerging as midterms draw near. Voters must decide which one is real

Two rallies, nearly 1,000 miles and two days apart, laid out the increasingly stark choice confronting midterm election voters and a looming moment of reckoning over the nation’s future course.

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Aug 17 • 12:00 AM EDT • Politics • cnn.com
Business is blooming: First Street Flowers stand a hit in the Village

A typical Thursday morning for Hannah Lazarz is spent in her front yard with a pair of shears. She carefully picks out her next batch of flowers, snipping them at an angle and plucking off most leaves. Those selected are bound for bouquets and jars for her flower stand, First

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Aug 16 • 1:36 PM EDT • Business • youarecurrent.com
Tupac murder trial witnesses include Suge Knight, Diddy bodyguard

The official witness list for Duane Keith "Keffe D" Davis' looming trial over the 1996 shooting death of hip-hop superstar Tupac Shakur has been released.

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Aug 10 • 7:02 AM EDT • Entertainment • centraloregondaily.com
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Science, technology connect at Cereals & Grains event

Conference to be held Nov. 11-12 in Bloomington, Minnesota

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Aug 7 • 9:13 AM EDT • Science • world-grain.com
Connect with Public Health’s peer breastfeeding program

Did you know the American Academy of Pediatrics recommends exclusive breast/chestfeeding until your baby is six months old?

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Aug 5 • 11:08 AM EDT • Health • bloomingtonmn.gov
Back-to-School Skate with Wheelz Entertainment gathers school supplies at Grossingers

Wheelz Entertainment is a pop-up skating organization based in Bloomington that rose to fill the need for skating in the Twin Cities.

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Aug 1 • 5:07 PM EDT • Entertainment • pantagraph.com
Infantino is teetering at FIFA. Is football finally poised for a great reset?

With a presidential election looming next year, surely football can produce a candidate who can offer the sport a fresh start

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Aug 1 • 10:25 AM EDT • Sports • nytimes.com
Oregon OK's takeover of Santiam Hospital by Salem Health

Salem Health has promised to invest millions into Santiam and expand maternity services, among other things. Santiam had enjoyed very healthy profits until recently as one of the few remaining Oregon independents, but its leadership said recent losses and looming IT costs jeopardized its ability to provide services.

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Aug 1 • 8:00 AM EDT • Health • thelundreport.org
Mariners reach rock bottom in another listless loss to Dodgers

The Mariners wrapped up another dispiriting road trip Thursday night, losing to the Dodgers 6-2 and falling to 53-57 with the trade deadline looming.

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Jul 31 • 1:07 AM EDT • Sports • seattletimes.com
PRESS RELEASE: Bloomington Urban Enterprise Association to Support Seven Enterprise Zone Business Participants for New “Builder’s Room” AI Business Cohort

Amplify Bloomington and the Greater Bloomington Chamber of Commerce will hold an info session on Tuesday, August 4, at 6 p.m. at The Mill classroom, 642 N. Madison St., to introduce The Builder’s Room. The Bloomington Urban Enterprise Association (BUEA) is supporting seven spots in the cohort located within the Bloomington Urban Enterprise Zone to participate in this new hands-on cohort program that helps local businesses use AI-assisted tools to solve real operational challenges.

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Jul 30 • 8:00 AM EDT • Business • idsnews.com
Caesars posts Q2 results amid pending acquisition by Fertitta

The resort operator saw declines in Las Vegas during the second quarter but did not host an earnings call due to the looming transaction, which would take Caesars private.

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Jul 29 • 5:25 AM EDT • Entertainment • hoteldive.com
Illinois has a looming electricity crunch to address: Forum

Politicians and power providers are scrambling to come up with ways to add more sources of electricity quickly.

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Jul 27 • 9:47 AM EDT • Business • chicagobusiness.com
6 looming questions about the Iran war

The Iran war could be reaching another pivot point.

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Jul 27 • 5:00 AM EDT • Politics • cnn.com
Business People: Edric Funk to take over as Toro Co. CEO

MANUFACTURING The Toro Co., a Bloomington-based maker of lawn mowers and snow removal machines for consumers and businesses, announced President and Chief Operating Officer Edric C. Funk will be promoted to chief executive officer,…

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Jul 26 • 1:01 PM EDT • Business • twincities.com
Yankees news: Warren bumped with rotation crunch looming

Cam Schlittler moved up, Will Warren pushed back; the Yankees’ deadline options behind the plate; Blackburn’s crosstown turnaround; Gil takes the hill.

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Jul 25 • 5:00 AM EDT • Sports • sports.yahoo.com
Lynchburg florist closes storefront but keeps business blooming with a new mobile model

After years of helping customers celebrate life's biggest moments, a longtime Lynchburg florist is preparing for a new chapter.

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Jul 24 • 9:47 PM EDT • Business • wset.com
Tigers ace Tarik Skubal strikes out season-high 12, gets standing ovation with MLB trade deadline looming
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Jul 24 • 8:47 PM EDT • Sports • sports.yahoo.com
5 Reasons to Buy the iPhone 17 Now Instead of Waiting for iPhone 18

Apple's iPhone 18 Pro models and its first foldable are less than two months from being unveiled. That may sound like a reason to sit tight if you're looking to upgrade from an iPhone 16 or older series, but between looming price hikes and Apple's new split-launch calendar, there's a decent case for grabbing an iPhone 17 series model right now. Here are five reasons in favor of putting your order in today. 1.

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Jul 23 • 11:26 AM EDT • Technology • macrumors.com
Bat Tests Positive for Rabies in Bloomingdale Area

The Chatham County Health Department is alerting residents that a bat from the Bloomingdale area of Chatham County has tested positive for rabies.

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Jul 21 • 12:25 PM EDT • Health • coastalhealthdistrict.org
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Samsung can’t afford to play it safe with Apple’s first foldable looming

Samsung is ready to take a risk.

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Jul 21 • 11:20 AM EDT • Technology • theverge.com
Bloomington prioritizes community and creativity at second annual Arts and Health Day

"Arts and health are not separate," said Angelique Racki, co-chair of the Cultural Commission for the city. "Art is health."

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Jul 18 • 2:35 PM EDT • Health • wglt.org
Florida politics Re-Cap: Voter data, campaign cash and two lawmakers in court

The week brought major courtroom developments for two state lawmakers, a new fundraising milestone in Florida’s U.S. Senate race & another looming legal fight over the Republican primary for governor.

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Jul 18 • 1:28 PM EDT • Politics • wtxl.com
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Mets to Begin Extension Talks with Clay Holmes

With Clay Holmes' return from injury looming, the Mets are reportedly set to begin extension talks with the right-hander in "the coming days."

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Jul 17 • 6:43 PM EDT • Sports • sports.yahoo.com
Sold-out Henry Cho show boosts Bloomington Center for Performing Arts

The Bloomington Center for Performing Arts sold out over 1,100 tickets for comedian Henry Cho's July 12 performance, part of his The Empty Nest Tour, demonstrating the city's growing interest in arts ...

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Jul 14 • 4:11 PM EDT • Entertainment • yahoo.com
4 Bold Predictions for Florida State Football in 2026

After a disappointing 2025, Mike Norvell faces a brutal schedule, a looming quarterback controversy, and a high-stakes clash in Tuscaloosa that could define his coaching future in Tallahassee.

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Jul 12 • 10:57 PM EDT • Sports • sports.yahoo.com
Bucs Fare Better in New NFL Power Rankings

Bolstered by fresh talent and a weak division, Tampa Bay aims for a resurgence, yet looming locker room tensions and a coaching hot seat threaten its stability.

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Jul 11 • 3:51 AM EDT • Sports • sports.yahoo.com
NFL Analyst Sprinkles Some Doubt On Eagles Rookie’s Initial Role

When it comes to rookie season expectations, Makai Lemon won’t have it easy with the Philadelphia Eagles. For starters, he’s in a tough market. Philadelphia demands hard work and instant results. But the resolved AJ Brown saga will be looming over the Eagles as well. That pressure will certainly go from local to national, as […] The post NFL Analyst Sprinkles Some Doubt On Eagles Rookie’s Initial Role appeared first on HEAVY.

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Jul 10 • 1:18 AM EDT • Sports • sports.yahoo.com
Quake-hit Venezuela faces looming health threats as survivors crowd shelters

Poor shelter conditions, lack of clean water and sanitation could leave many thousands vulnerable, PAHO says.

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Jul 9 • 11:06 PM EDT • Health • scmp.com
Fertitta Entertainment outlines financing, regulatory and anti-trust review process for private takeover of Caesars

With a competing bid from billionaire investor Carl Icahn looming and no plans to sell Wynn Resorts stock, Fertitta Entertainment executives outlined to Nevada

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Jul 8 • 6:32 PM EDT • Entertainment • cdcgaming.com
OPB’s First Look: Oregon Health Plan faces looming budget cuts

A new report gives Gov. Tina Kotek dozens of options to cut the Oregon Health Plan budget in coming years, but it offers no clear path forward. Here's your First Look at Wednesday's news.

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Jul 8 • 11:51 AM EDT • Health • opb.org
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Will Congress Save America's Hemp Businesses Before It's Too Late?

With Nov.26 federal hemp ban looming, a $28B industry faces potential extinction. Here's what the new THC cap means for businesses, jobs, and the future of hemp.

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Jul 8 • 9:30 AM EDT • Business • forbes.com
Clip-Ons Are Wireless Earbuds’ Next Inescapable Trend

With Samsung looming large over the category, clip-style wireless earbuds might go fully mainstream.

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Jul 6 • 11:20 AM EDT • Technology • gizmodo.com
NYC axes new rule on roll-down gates for businesses – after retailers already spent thousands

City lawmakers rolled back an obscure, decades-old law about storefront roll-down gates ahead of a looming enforcement deadline – but not before some retailers shelled out thousands of dollars in...

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Jul 5 • 3:28 PM EDT • Business • nypost.com
Yamamoto's All-Star performance lifts Dodgers past Padres

LOS ANGELES — On a night celebrating America's 250th anniversary with fireworks looming over Chavez Ravine, Yoshinobu Yamamoto delivered a performance worthy of the holiday stage.

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Jul 5 • 2:51 AM EDT • Sports • sports.yahoo.com
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Public Health steps up to meet community needs

Public Health continues to increase its presence in the community.

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Jun 30 • 1:09 PM EDT • Health • bloomingtonmn.gov
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With the Threat of Layoffs Looming, Quantic Dream Staff Say They're Going on Strike to Save Star Wars Eclipse From Cancelation

A new report has shed light on the goings on at French studio Quantic Dream and revealed concern about the future of Star Wars Eclipse.

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Jun 29 • 6:35 AM EDT • Technology • ign.com
The Orlando Magic Waive Defensive Versatile Forward Jonathan Isaac

The Orlando Magic severs ties with the former lottery pick to avoid a looming salary guarantee, ending an injury-plagued nine-year tenure while seeking financial flexibility for a critical offseason.

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Jun 27 • 5:43 PM EDT • Sports • sports.yahoo.com
The AI bubble has further to run despite the looming crash

As tech firms make huge profits and investors fear losing out, both are doing their best to hold off the day of reckoning

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Jun 27 • 11:00 AM EDT • Business • theguardian.com
With GTA looming, consoles are getting expensive at the worst possible time

Vice City ain’t cheap.

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Jun 26 • 8:00 AM EDT • Technology • theverge.com
Commitment season looming as Ohio State staff awaits

The month of June has been a grind for Ohio State’s coaching staff. Position camps, recruiting visits, and still prioritizing their current roster, the Buckeyes have had zero time off… and that will soon change. Ryan Day and company set to be on vacation in the coming days for a well deserved break, that doesn’t […]

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Jun 26 • 5:01 AM EDT • Sports • sports.yahoo.com
NBA trade rumors: Bidding war for Jaylen Brown looming; Bucks could flip Tyler Herro after Giannis deal

With the Giannis Antetokounmpo sweepstakes finally over, the rest of the offseason can begin

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Jun 23 • 11:04 AM EDT • Sports • cbssports.com
How the 2026 primaries are reshaping the Democratic Party

The struggle over control of the Democratic Party’s direction has roared to new heights this year, with New York’s primary on Tuesday looming as the next major battlefield between left and center.

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Jun 21 • 6:30 AM EDT • Politics • cnn.com
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Christian Scott takes positive step toward looming Mets return

Christian Scott took a positive step Saturday toward potentially returning to the Mets as soon as his required 15 days on the injured list pass.

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Jun 21 • 3:34 AM EDT • Sports • sports.yahoo.com
Kennedy Center asks judge to pause deadlines in ongoing lawsuit as it explores options for renovation

The Kennedy Center on Friday asked a federal judge for more time to comply with deadlines in an ongoing lawsuit over its looming closure as the center’s board explores avenues for renovation.

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Jun 19 • 8:29 PM EDT • Politics • cnn.com
Packers feud with Wisconsin congressman over Sports Broadcasting Act changes

The NFL world is currently trying to figure out how to maneuver through a complicated web of political traps when it comes to negotiating their next rights deals. And no franchise has more at stake than the Green Bay Packers. At the center of the drama is a looming battle between the NFL and the…

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Jun 19 • 11:00 AM EDT • Sports • sports.yahoo.com
Phillies make Bryce Harper outfield decision with trade deadline looming

Bryce Harper doesn't look to be changing positions this season.

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Jun 18 • 4:39 PM EDT • Sports • sports.yahoo.com
Todd Blanche is no sure thing in looming AG nomination battle

Past scandals and a history of personal service to Trump are complicating the president’s pick to lead the Justice Department

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Jun 16 • 2:17 PM EDT • Politics • theweek.com
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Analyst says Xbox CEO Asha Sharma’s Next 100 Days will be about “the job she was Actually Hired to do,” with Mass Layoffs Looming

Xbox chief executive officer Asha Sharma went from being the new face of Team Green, leading the platform into a new era, to being no different from the last in the eyes of players in the blink of an eye. After making Game Pass cheaper, re-centering console hardware and bringing exclusives back, Xbox fans praised her quick action and transparency. Now, however, with multiple studios reportedly being closed and more mass layoffs looming, she and her regime are no different from Spencer's. Industry veteran and analyst Joost van Dreunen calls it "the job she was actually hired to do." Van […]

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Jun 16 • 1:58 PM EDT • Technology • wccftech.com
Japan's tech business SoftBank rolls out OpenAI 'patches' against cyberattacks

TOKYO (AP) — Japanese technology giant SoftBank Group Corp. is launching a service using OpenAI technology to protect against the looming threat of cyberattacks, both companies said Tuesday.

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Jun 16 • 4:58 AM EDT • Business • wral.com
Japan's tech business SoftBank rolls out OpenAI 'patches' against cyberattacks

Japanese technology giant SoftBank Group Corp. is launching a service using OpenAI technology to protect against the looming threat of cyberattacks

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Jun 16 • 4:57 AM EDT • Business • washingtonpost.com
Japan's tech business SoftBank rolls out OpenAI 'patches' against cyberattacks

Japanese technology giant SoftBank Group Corp. is launching a service using OpenAI technology to protect against the looming threat of cyberattacks. Chief Executive Masayoshi Son called Japan’s...

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Jun 16 • 4:53 AM EDT • Business • lmtonline.com
History Maker John McIntyre champions bipartisanship, in more than just politics

You might know him as Coach Mac, Principal McIntyre or Mr. Board Chair. Regardless of what his title was, John McIntyre said he was drawn his entire life to serving Bloomington-Normal.

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Jun 15 • 6:00 AM EDT • Politics • wglt.org
Todd Young talks World Cup geopolitics, Section 702 — and 2028 - Live Updates

Between World Cup matches, Young weighs a looming surveillance fight and the GOP's next generation of leaders.

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Jun 12 • 7:06 PM EDT • Politics • politico.com
Applications are now open for Hatch Bloomington Loves Local

Bloomington small businesses can now apply for a share of $100,000 through Hatch Bloomington Loves Local, a special 2026 edition of the City’s annual Hatch Bloomington program.

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Jun 11 • 4:06 PM EDT • Business • bloomingtonmn.gov
Social Security is Facing a Political Crisis

On Tuesday the Social Security Trustees released their latest report on the system’s finances. The numbers didn’t change much: Unless something is done, the Old Age Survivors and Disability Insurance (OASDI) program, Social Security’s official name, will be unable to pay full benefits starting in either 2032 or 2034, depending on some technical issues. That’s not far away: If the Trustees are right, the prospect of a Social Security crisis will loom over the next presidential administration. It’s important to understand, however, the nature of the looming crisis. It won’t be an economic crisis. It won’t even be a serious fiscal crisis. Whatever you may have heard, Social Security isn’t in danger of going bankrupt. What we’re facing, instead, is potential political crisis. Congress and the White House could easily take action to sustain America’s retirement system. But given the current state of our politics, there’s no guarantee that they will. There is a widespread misunderstanding of how Social Security works. While Social Security was designed to look like a pension fund, it isn’t. A pension fund pays benefits out of a stock of assets it has accumulated over time. In contrast, Social Security operates as a government transfer program, like food stamps or Medicaid. Now, unlike food stamps — but like the highway trust fund — Social Security is on paper supported by a dedicated tax, the payroll tax, that is assigned to that program. But I say “on paper” because from an economic point of view assigning the payroll tax to Social Security is just an accounting convention. What matters for the U.S. economy is the overall balance between government spending and government revenue, not the difference between one type of spending and one source of revenue. So there’s no inherent economic significance to the fact that by 2034 payroll tax receipts will be insufficient to cover promised benefits. There is, however, a legislative issue. As long as the Social Security Administration can pay benefits out of payroll taxes and its cash reserve, there’s no need for Congress to vote each year to authorize benefits — they just keep going out until further notice. However, once those resources become insufficient, benefits will fall —by 17 percent according to the Trustees — unless Congress passes new legislation that “tops up” Social Security’s finances. Yet the current administration and Republican party are such extremists that there is a real risk that Social Security will be held hostage on behalf of their goals. If this should come to pass, the hostage-takers will claim that shoring up Social Security is unaffordable. Right on cue, Mike Johnson, the Trump-sycophant Speaker of the House, declared on Monday that “entitlement programs” like Social Security “have to be adjusted and fixed,” and that Republicans will introduce a plan to that effect next year. But this is a ploy, because while the cost of maintaining Social Security benefits at their promised level isn’t trivial, it is in fact affordable. According to the Trustees’ report, the actuarial balance of OASDI up through 2050 — the amount of additional funds it would need to keep paying full benefits for the next 25 years — is 1.06 percent of GDP. To put that number in perspective, the Trump administration proposes increasing military spending next year by $420 billion, equivalent to about 1.4 percent of GDP – without any discussion of whether that’s affordable Yet how did we get to the point where Social Security will need to be topped up? The main answer is that we have an aging population, with a growing ratio of retirees collecting benefits to workers paying into the system: Trump’s anti-immigration policies are making this problem worse. According to the Trustees’ report, lower immigration will deepen Social Security’s financial hole because many immigrants are working-age adults who will pay into the system for decades before they collect benefits. In fact, this problem may be much bigger than the report acknowledges: The report’s baseline assumption is that we’ll have net immigration of almost 1.2 million people a year, and even the pessimistic case assumes 750,000 a year. Meanwhile actual net immigration has already been cut far below that — and may now be negative. Moreover, Social Security is being financially damaged by growing income inequality in America. Payroll taxes are levied only on wages up to $184,500, and they don’t touch capital income. With the distribution of income increasingly shifting from labor to capital, as well as becoming more unequal among wage-earners, revenue from the Social Security payroll tax has been falling as a share of national income. From 1990 to 2024, it fell from 5.02 percent of gross domestic income to 4.46 percent. Which brings me to the question that, these days, we ask about everything: How might Social Security be affected by the advent of AI? A short answer: If, as many of us fear, AI accelerates rising income inequality, it will further reduce the payroll tax receipts that currently pay for Social Security and further endanger its finances. On the other hand, if AI, as its advocates promise, leads to faster economic growth, it will increase the potential tax base that could and should be used to support Social Security and other social insurance programs. But to take advantage of that larger base, we’ll have to get serious about taxing wealth and capital income. Is Social Security in trouble? Yes, but only because of the way its financing is currently structured — a structure that no longer works well because our society and economy have become so unequal. Moreover, Trump’s immigration policies are further endangering its already deteriorating financial condition. So don’t believe Republicans’ gaslighting that it will be necessary to cut Social Security benefits. All that is necessary to preserve Social Security is political will to raise taxes on the wealthy and a sensible immigration policy. MUSICAL CODA Actually 67 under current law.

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Jun 11 • 6:34 AM EDT • Politics • paulkrugman.substack.com
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