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US to reach $41T debt ceiling as soon as late winter, forecasters predict

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Politics

US to reach $41T debt ceiling as soon as late winter, forecasters predict

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The Treasury Department could prevent a U.S. debt default for several months after that…
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Nancy Mace loses GOP primary for South Carolina governor

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Republican firebrand Rep. Nancy Mace lost her GOP primary for South Carolina governor, potentially ending her rollercoaster political career.

Mace failed to advance to a runoff Tuesday. She was considered a top contender in the race until a series of scandals cut into her in-state support and she bucked President Donald Trump to help release the Jeffrey Epstein files.

Trump’s preferred candidate, South Carolina Lt. Gov. Pamela Evette, and Attorney General Alan Wilson advanced to a runoff June 23.

It’s the latest victory for Trump on the heels of his success ousting Rep. Thomas Massie (R-Ky.), Mace’s ally on the Epstein files, and Sen. Bill Cassidy (R-La.), among other GOP defectors.

The Palmetto State primary was for months defined by Trump’s absence from the race, despite the six Republicans candidates vying for his attention and support. Trump only endorsed Evette in the final two weeks, touting her closeness with his ally and early backer, outgoing GOP Gov. Henry McMaster.

In an interview ahead of the primary, Mace acknowledged that she likely forfeited her chance at the president’s support after her role in releasing the Epstein files late last year. She nevertheless pushed ahead, even in the face of several million dollars of negative ads from her opponents.

Those attacks, paired with Trump’s snub, were enough to prevent Mace from moving forward in the race.

Her political future is now uncertain. In choosing to run for governor, she gave up her coastal House seat, and she told Blue Light News that she would not make a comeback bid for Congress. Set free from the constraints of reelection, Mace could use her remaining months in the House to throw a retributive wrench in Trump’s legislative agenda.

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US to reach $41T debt ceiling as soon as late winter, forecasters predict

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The Treasury Department could prevent a U.S. debt default for several months after that…
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