logo
EXCLUSIVE: Nancy Mace dismisses 'burner' account allegations as 'bitter exes' tale

EXCLUSIVE: Nancy Mace dismisses 'burner' account allegations as 'bitter exes' tale

Yahooa day ago

EXCLUSIVE: Rep. Nancy Mace, R-S.C., is firing back at accusations she directed staffers to create so-called "burner" accounts to boost her image online, telling Fox News Digital the claims are from "bitter exes" and lack any real proof.
"When a story relies on 'anonymous former staffers,' it's journalist-speak for 'We didn't have anything real, so we called the bitter exes,'" Mace said, responding to a recent article published by Wired magazine.
The article cited former aides and consultants, including a deposition from political consultant Wesley Donehue, to allege Mace used burner accounts and even automated bots to amplify her political messaging.
Exclusive: Nancy Mace Unloads After Arrest Of Trans Activist Who Allegedly Threatened To 'Assassinate' Her
But Mace, who chairs the House Subcommittee on Cybersecurity, Information Technology, and Government Innovation, isn't buying it.
"Unlike some folks, I don't need a burner phone to tell the truth," she said. "I say what I mean, I mean what I say, and I post it from my real account, with my name on it. Accountability starts there."
Read On The Fox News App
At a time when anonymous sources dominate headlines, Mace is leaning into her reputation for saying the quiet part out loud.
"I'll keep telling the uncomfortable truth," she added. "And if it makes you squirm, good. That means you're finally paying attention."
Nancy Mace Torches Clemson University Over 15-Gender Menu: 'Not On My Watch'
Mace has built her brand on fighting for survivors of sexual assault, including her own, and advocating for policies that protect women and parental rights. She has taken public stands on legislation to preserve Title IX protections for biological women and expand access to resources for survivors of violence.
Earlier this month, she called out a transgender activist accused of threatening to "assassinate" her, saying, "You don't have to agree with me, but threatening a mother and congresswoman with violence isn't protest, it's criminal."
In the interview, Mace pointed to her real-world experience in tech, a rarity in Congress, as a major asset in crafting meaningful policy.
"Well, for starters, I actually understand the intricacies of technology, which already puts me ahead of most of Washington," Mace said, referring to her background as a self-taught computer coder. "We're writing policy focused on protecting your data, cracking down on cyber threats, and pushing back against Big Tech censorship."
Her hands-on experience, she said, helps her spot both software flaws and political spin.
"It turns out writing code teaches you to spot bugs in software and in political BS," Mace said.
When asked how she keeps her office's online work grounded in conservative principles like accountability and leadership, Mace didn't miss a beat.
"I lead with facts, I speak for the people who sent me here and I don't hide behind consultants or filtered statements," she said. "Being accountable means saying the hard stuff, standing your ground and not running from a fight, even if it makes the media clutch their pearls."
As for the viral video online showing what appeared to be a stack of burner phones, Mace had a laugh at the spectacle.
"About as many burner phones as Wired has credible sources for 'burner-gate,'" she quipped.
She even poked fun at claims on social media with a tongue-in-cheek AI-generated image of herself holding two Bernese Mountain dogs outside the Capitol, captioned it, "It's true. I have multiple berners!"
Mace made it clear she sees this controversy as more smoke than fire, one she believes won't distract her from the work of legislating and representing her district.
Mace is the first woman to graduate from South Carolina's Citadel and the first woman elected to represent Charleston in Congress.Original article source: EXCLUSIVE: Nancy Mace dismisses 'burner' account allegations as 'bitter exes' tale

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Can Trump fix the national debt? GOP senators, many investors and even Elon Musk have doubts
Can Trump fix the national debt? GOP senators, many investors and even Elon Musk have doubts

Los Angeles Times

time22 minutes ago

  • Los Angeles Times

Can Trump fix the national debt? GOP senators, many investors and even Elon Musk have doubts

WASHINGTON — President Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won't bury the federal government in debt with his multitrillion-dollar tax breaks package. The response so far from financial markets has been skeptical as Trump seems unable to trim deficits as promised. 'All of this rhetoric about cutting trillions of dollars of spending has come to nothing — and the tax bill codifies that,' said Michael Strain, director of economic policy studies at the American Enterprise Institute, a right-leaning think tank. 'There is a level of concern about the competence of Congress and this administration and that makes adding a whole bunch of money to the deficit riskier.' The White House has viciously lashed out at anyone who has voiced concern about the debt snowballing under Trump, even though it did exactly that in his first term after his 2017 tax cuts. White House press secretary Karoline Leavitt opened her briefing Thursday by saying she wanted 'to debunk some false claims' about his tax cuts. Leavitt said the 'blatantly wrong claim that the 'One, Big, Beautiful Bill' increases the deficit is based on the Congressional Budget Office and other scorekeepers who use shoddy assumptions and have historically been terrible at forecasting across Democrat and Republican administrations alike.' House Speaker Mike Johnson (R-La.) piled onto Congress' number crunchers on Sunday, telling NBC's 'Meet the Press,' 'The CBO sometimes gets projections correct, but they're always off, every single time, when they project economic growth. They always underestimate the growth that will be brought about by tax cuts and reduction in regulations.' But Trump himself has suggested that the lack of sufficient spending cuts to offset his tax reductions came out of the need to hold the Republican congressional coalition together. 'We have to get a lot of votes,' Trump said last week. 'We can't be cutting.' That has left the administration betting on the hope that economic growth can do the trick, a belief that few outside of Trump's orbit think is viable. Most economists consider the non-partisan CBO to be the foundational standard for assessing policies, though it does not produce cost estimates for actions taken by the executive branch such as Trump's unilateral tariffs. Tech billionaire Musk, who was until recently part of Trump's inner sanctum as the leader of the Department of Government Efficiency, told CBS News: 'I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing.' The tax and spending cuts that passed the House last month would add more than $5 trillion to the national debt in the coming decade if all of them are allowed to continue, according to the Committee for a Responsible Financial Budget, a fiscal watchdog group. To make the bill's price tag appear lower, various parts of the legislation are set to expire. This same tactic was used with Trump's 2017 tax cuts and it set up this year's dilemma, in which many of the tax cuts in that earlier package will sunset next year unless Congress renews them. But the debt is a much bigger problem now than it was eight years ago. Investors are demanding the government pay a higher premium to keep borrowing as the total debt has crossed $36.1 trillion. The interest rate on a 10-year Treasury note is around 4.5%, up dramatically from the roughly 2.5% rate being charged when the 2017 tax cuts became law. The White House Council of Economic Advisers argues that its policies will unleash so much rapid growth that the annual budget deficits will shrink in size relative to the overall economy, putting the U.S. government on a fiscally sustainable path. The council argues the economy would expand over the next four years at an annual average of about 3.2%, instead of the Congressional Budget Office's expected 1.9%, and as many as 7.4 million jobs would be created or saved. Council chair Stephen Miran told reporters that when the growth being forecast by the White House is coupled with expected revenues from tariffs, the expected budget deficits will fall. The tax cuts will increase the supply of money for investment, the supply of workers and the supply of domestically produced goods — all of which, by Miran's logic, would cause faster growth without creating new inflationary pressures. 'I do want to assure everyone that the deficit is a very significant concern for this administration,' Miran said. White House budget director Russell Vought told reporters the idea that the bill is 'in any way harmful to debt and deficits is fundamentally untrue.' Most outside economists expect additional debt would keep interest rates higher and slow overall economic growth as the cost of borrowing for homes, cars, businesses and even college educations would increase. 'This just adds to the problem future policymakers are going to face,' said Brendan Duke, a former Biden administration aide now at the Center on Budget and Policy Priorities, a liberal think tank. Duke said that with the tax cuts in the bill set to expire in 2028, lawmakers would be 'dealing with Social Security, Medicare and expiring tax cuts at the same time.' Kent Smetters, faculty director of the Penn Wharton Budget Model, said the growth projections from Trump's economic team are 'a work of fiction.' He said the bill would lead some workers to choose to work fewer hours in order to qualify for Medicaid. 'I don't know of any serious forecaster that has meaningfully raised their growth forecast because of this legislation,' said Harvard University professor Jason Furman, who was the Council of Economic Advisers chair under the Obama administration. 'These are mostly not growth- and competitiveness-oriented tax cuts. And, in fact, the higher long-term interest rates will go the other way and hurt growth.' The White House's inability so far to calm deficit concerns is stirring up political blowback for Trump as the tax and spending cuts approved by the House now move to the Senate. Republican Sens. Ron Johnson of Wisconsin and Rand Paul of Kentucky have both expressed concerns about the likely deficit increases, with Johnson saying there are enough senators to stall the bill until deficits are addressed. 'I think we have enough to stop the process until the president gets serious about the spending reduction and reducing the deficit,' Johnson said on CNN. The White House is also banking that tariff revenues will help cover the additional deficits, even though recent court rulings cast doubt on the legitimacy of Trump declaring an economic emergency to impose sweeping taxes on imports. When Trump announced his near-universal tariffs in April, he specifically said his policies would generate enough new revenues to start paying down the national debt. His comments dovetailed with remarks by aides, including Treasury Secretary Scott Bessent, that yearly budget deficits could be more than halved. 'It's our turn to prosper and in so doing, use trillions and trillions of dollars to reduce our taxes and pay down our national debt, and it'll all happen very quickly,' Trump said two months ago as he talked up his import taxes and encouraged lawmakers to pass the separate tax and spending cuts. The Trump administration is correct that growth can help reduce deficit pressures, but it's not enough on its own to accomplish the task, according to new research by economists Douglas Elmendorf, Glenn Hubbard and Zachary Liscow. Ernie Tedeschi, director of economics at the Budget Lab at Yale University, said additional 'growth doesn't even get us close to where we need to be.' The government would need $10 trillion of deficit reduction over the next 10 years just to stabilize the debt, Tedeschi said. And even though the White House says the tax cuts would add to growth, most of the cost goes to preserve existing tax breaks, so that's unlikely to boost the economy meaningfully. 'It's treading water,' Tedeschi said. Boak writes for the Associated Press.

State leaders, lawmakers react to $55.2B state budget that passed just before midnight deadline
State leaders, lawmakers react to $55.2B state budget that passed just before midnight deadline

Yahoo

time36 minutes ago

  • Yahoo

State leaders, lawmakers react to $55.2B state budget that passed just before midnight deadline

SPRINFIELD, Ill. — State leaders and lawmakers, either supporters or opponents of the Illinois state budget for Fiscal Year 2026, issued statements early Sunday morning after state lawmakers approved the $55.2 billion budget and $1.1 billion tax package minutes before their midnight deadline Saturday night. Lawmakers also reacted to major legislation aiming to reform Chicago-area transit agencies and avoid a looming fiscal cliff by hiking delivery fees statewide, which passed out of the Senate but stalled in the House. Read more: Latest Chicago news and headlines Here is some of what state leaders, lawmakers and others had to say after the state budget was passed: 'The passage of the FY26 balanced budget is a testament to Illinois' fiscal responsibility. Even in the face of Trump and Congressional Republicans stalling the national economy, our state budget delivers for working families without raising their taxes while protecting the progress we are making for our long-term fiscal health. I'm grateful to Speaker Welch, President Harmon, the budget teams, and all the legislators and stakeholders who collaborated to shape and pass this legislation. I look forward to signing my seventh balanced budget in a row and continuing to build a stronger Illinois.' 'Since Governor Pritzker and I came into office, we have been focused on replacing fiscal chaos with strength and stability. For the seventh year in a row, we are delivering a balanced budget to working families without sacrificing responsibility or compassion. I am grateful to everyone who worked long hours to get this across the finish line to make our communities safer, happier, and more prosperous. No matter what chaos or reckless policies ooze out of the Trump administration, the people of Illinois know that their leaders are capable of working together to hammer out differences, cut through the noise, and do right by the working families of this state.' 'Despite the economic uncertainty emanating from Washington, we approved a budget that invests hundreds of millions of new dollars in public education, protects access to critical hospitals and health care facilities and does it all without raising state income or sales taxes. We all wish we could do more. But this is a responsible, balanced budget that continues our work to improve the lives of the great people of the great State of Illinois. I want to thank the members of the Senate Democratic Caucus, the House Democratic Caucus, Speaker Welch and Governor Pritzker for the united effort to achieve our shared goals.' 'In a year in which every aspect of our budget-making process has been affected by the extreme and erratic leadership of Donald Trump and his allies, this balanced budget is crafted to be fiscally and socially responsible — because we see the decisions made in Washington right now are neither. The decisions that shaped this budget were not easy, but were made strategically, using the best information we have to make the best decisions for working families and seniors throughout Illinois.' 'I am pleased the governor and legislators completed their work on time in passing a budget for the next fiscal year beginning July 1. This budget aims to provide greater protection for medical programs, especially for safety-net hospitals, and funds key state priorities for needs like education, MAP grants for college students, social and human services, health care, nursing homes and public safety. … I want to stress that the work may not be done. Constant threats of cuts to federal funding endanger some of the vital programs that serve our most vulnerable. My office will closely monitor the situation and continue to pay bills as quickly as possible with the available resources under this budget.' 'In a challenging fiscal climate, this budget includes victories that will make a real difference for Illinois families. Doubling the Child Tax Credit means hundreds more dollars back in parents' pockets to cover everyday costs like groceries, rent, and childcare.' 'Once again, the Democrat majority is raising taxes by another $1 billion on Illinois families, businesses, and job creators to pay for their bad policies and misplaced priorities. The temporary revenue sources included in this budget continue a never-ending cycle that will likely lead to future tax increases. The budget also includes a pay raise and pork projects that are targeted for Democrat-controlled districts only. The process this year included the Democrats choosing to go it alone to bring forth the budget and other important pieces of legislation in the final moments of the legislative session. Illinois families deserve better than Democrats' continued reckless and non-transparent practices. We should be focusing on economic growth through reforms and good policies with no tax increases. It only requires common sense to prevail in Illinois to improve our state, rather than the majority party's focus on reactionary and costly policies.' 'At the start of the legislative session, the Illinois Chamber of Commerce was encouraged by Governor Pritzker's proposed budget, which emphasized fiscal discipline, investment in education, and economic development, without raising taxes. The final $55.2 billion FY26 budget passed by the General Assembly tells a different story. It includes more than $350 million in expansive and punitive corporate income tax increases and creates new gaming taxes, short-term rental taxes, tobacco taxes, telecommunications taxes, and increased fees. This breaks the commitment to avoid new taxes and sends the wrong message to employers across the state. While we applaud the economic development package that aims to attract and retain good jobs and employers, we are disappointed by the costs on businesses contained in the final budget package, which will harm the state's business climate and growth opportunities. As policy impedes growth, it impacts jobs, and that, in turn, affects communities all across the state.' 'This budget relies on one–time sweeps, tax diversions and budget gimmicks to avoid dealing with the real issues: Illinois has the highest tax burden of any state and that our spending continues to grow faster than our revenues. Any claims of 'cuts' in this budget minimize that Illinois spending is still trending up significantly. Add in millions for pet projects exclusively for members of one political party and it's clear Illinois leaders are being reckless with taxpayers' money. This is the exact opposite of what state leaders should be doing. Taxpayers can't afford this.' 'With just over 24 hours to consider thousands of pages of legislation on spending and tax changes, the Illinois General Assembly has approved a record-setting state budget that includes more than $800 million in revenue gimmicks featuring tax hikes, fund sweeps and temporary measures that fail to truly balance the state's budget. The process was so rushed that even bill sponsors seem unclear on the exact amount taxpayers will be asked to pay.' Transit agencies and state lawmakers also reacted to the measure that passed the Senate but failed in the House. 'We are grateful for the months of work of the General Assembly toward both funding and reform for the region's transit system. It's clear that many in both the House and Senate support transit, and our intention is to build on that shared support to identify the funding needed to avoid devastating cuts and disruption for everyone in Northeast Illinois. Balancing regional interests is challenging, but we are ready to continue our work to achieve consensus and deliver a solution. In the coming weeks the RTA will work with the Service Boards on a regional budget that by law must only include funding we are confident the system will receive in 2026.' 'Over the last 19 months, I have collaborated and held discussions with stakeholders, advocates, transit workers and everyday riders about the state of transit, issues currently facing the system and what we can do to improve service for its riders. It's imperative that we deliver a public transit system that provides reliable service for its riders and is accountable to our taxpayers. Now is the time to break through the status quo and embrace solutions made for lasting change. This legislation addresses the critical relief that our public transit systems are yearning for by providing viable, long-lasting solutions to work toward making Illinois home to a world-class public transit system. Across Illinois, residents will now have greater access to affordable, safe, reliable, coordinated and economically impactful transit to get them to where they need to go.' 'Once again, Illinois Democrats are hitting hardworking families with new taxes to cover up their own failures. Whether you need medicine delivered to your door, rely on grocery delivery because you're juggling work and kids, or order household supplies online to save time — you'll be taxed. This is the reality for Illinois families under the new $1.50 delivery tax — a tax that hits nearly every household, just to bail out a broken transit system in Chicago. This isn't about fixing roads or improving transit access for all Illinoisans. It's about forcing people in communities like ours and across Illinois to pay for a transit system many don't use. While political leaders reward mismanagement in Chicago, hardworking families across the state are left paying the bill. It's unfair and it has to stop.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Big Tech Is Back in S&P 500 Driver's Seat as Profit Engines Hum
Big Tech Is Back in S&P 500 Driver's Seat as Profit Engines Hum

Yahoo

time40 minutes ago

  • Yahoo

Big Tech Is Back in S&P 500 Driver's Seat as Profit Engines Hum

(Bloomberg) -- The same technology giants that helped drag the S&P 500 to the brink of a bear market in April are giving the recovery in US equities some legs. Billionaire Steve Cohen Wants NY to Expand Taxpayer-Backed Ferry Where the Wild Children's Museums Are Now With Colorful Blocks, Tirana's Pyramid Represents a Changing Albania The Economic Benefits of Paying Workers to Move NYC Congestion Toll Brings In $216 Million in First Four Months Nvidia Corp. put a bow on a better-than-expected earnings season for Big Tech last week by delivering a strong outlook for revenue, despite US restrictions on sales of its chips in China. With Nvidia and Microsoft Corp. rallying back to the cusp of record highs, traders are betting the group is poised to lift the broader market. 'I feel really good about tech coming out of this earnings season,' said Brett Ewing, chief market strategist at First Franklin Financial Services. 'There's still more gas in this tank.' The S&P 500 Index is within 4% of its February record high with much of the rebound being fueled by easing tensions between the US and its trade partners, as well as Big Tech results that showed demand for things like cloud-computing services, software, electronic devices and digital advertising remain intact even as the threat of higher tariffs on sales lingers. Tesla Inc. is up 56% since the benchmark bottomed out on April 8, while Nvidia and Microsoft have gained 40% and 30%, respectively. As a result, a Bloomberg gauge of the so-called Magnificent Seven stocks — Nvidia, Microsoft, Tesla, Apple Inc., Alphabet Inc., Inc. and Meta Platforms Inc. — is outperforming the S&P 500 over the past eight weeks — a critical shift for the benchmark considering the group accounts for a third of the index. The cohort is responsible for nearly half of the S&P 500's 19% rally from the April bottom, according to data compiled by Bloomberg. Despite the strong performance, the group is still trailing the S&P 500 for the year — a rare occurrence in the past decade. Shares of Apple and Amazon, which face greater risks from tariffs due to products imported, are weighing the cohort down and lag the overall market. 'Buying the tech dip will be a theme throughout the year,' said Ewing. 'There's still a lot of money on the sidelines and it has to be put to work.' Recovery Risks Tariffs and other Trump policies remain a big market overhang. On Friday, the benchmark sank more than 1% after Trump accused China of violating an agreement with the US to ease tariffs and a news report that the US plans to place broader restrictions on the country's tech sector. The S&P 500 managed to recoup most of those losses by the end of the day. Another hurdle will be Big Tech's hefty valuations. Bloomberg's Magnificent Seven gauge is priced at 30 times projected profits, according to data compiled by Bloomberg. Meanwhile, the S&P 500 is trading at 21 times earnings projected over the next 12 months, up from a low of 18 times in April and well above the average of 18.6 times over the past decade. Barry Knapp, managing partner at Ironsides Macroeconomics, said he's wary of Big Tech's rich valuations even though the group looks attractive from a fundamental perspective. He's 'modestly underweight' the sector and has relatively more exposure to industrials, materials, energy and financials in anticipation of a capital spending recovery in the second half of the year. 'Being overweight on tech here borders on recklessness, because you would have such a huge proportion of your portfolio in this one sector, and that leaves you vulnerable,' Knapp said. Market Catalyst Truist Advisory Services' Keith Lerner, however, sees Big Tech leading the broader market higher in the last half of 2025 with spending on artificial intelligence computing continuing to climb. Meta Platforms raised its forecast for capital expenditures this year and Microsoft said it plans to increase spending in its next fiscal year, alleviating concerns that the companies might pull back on such outlays after two years of largesse. 'Our view is that earnings could still be maybe flatter but likely have less downside than what we would have thought heading into the earnings season,' said Lerner, who is Truist's co-chief investment officer and chief market strategist. The Magnificent Seven profit estimates in 2025 have stayed steady over the past two months. The group is projected to deliver profit growth of 15%, roughly in-line with analysts' expectations before the reporting season began in mid-April and twice the expansion projected for the S&P 500, according to data compiled by Bloomberg Intelligence. 'Investors are going to be drawn back toward these names with secular growth,' said Lerner. Tech 'could be that catalyst later on to actually see the market re-accelerate later in the year.' YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back? Will Small Business Owners Knock Down Trump's Mighty Tariffs? Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store