Complex Mexican Vote May Be a Double-Edged Sword
By and Maya Averbuch
Save
Welcome to Balance of Power, bringing you the latest in global politics. If you haven't yet, sign up here.
Mexicans head to the polls this weekend to elect the country's federal judges for the first time, the culmination of a controversial judicial overhaul pushed by former President Andrés Manuel López Obrador.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Times
26 minutes ago
- New York Times
Trump Threatens Musk Contracts as Feud Escalates
President Trump threatened to cut billions of dollars in federal contracts and tax subsidies for Elon Musk's companies on Thursday, the latest escalation in the growing feud between the two men. 'The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts,' the president wrote on Truth Social. 'I was always surprised that Biden didn't do it!' Last year, Mr. Musk's companies were promised $3 billion across nearly 100 different contracts with 17 federal agencies. Most of the contracts were for SpaceX, Mr. Musk's space technology company. Tesla, his electric vehicle company, also has contracts with the federal government. But the relationship between the two men very publicly dissolved Thursday. Mr. Musk until last week was a top presidential adviser and has since turned into a critic of one of Mr. Trump's priorities. Mr. Musk has called the president's signature legislation currently moving through Congress a 'disgusting abomination.' The two lashed out at each other from on their own social media platforms on Thursday. 'Elon was 'wearing thin,' I asked him to leave, I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!' Mr. Trump wrote on Truth Social. Mr. Musk responded on X, the social media platform he owns, 'Such an obvious lie. So sad.'
New York Times
26 minutes ago
- New York Times
To Pay for Tax Cuts, Trump Touts Tariff Revenues That May Be Fleeting
To help offset the hefty price tag of the Republican tax package, President Trump this week has repeatedly held up another element of his agenda — expansive global tariffs — that he insists will deliver trillions of dollars in new revenue. But Mr. Trump's bold proclamations instead have helped to illustrate the inherent conflict in his economic plan. He can use tariffs as leverage to strike trade deals, or he can keep them in place to pay down the nation's debt — but the president is limited in his ability to do both. The tension is laid bare in a set of dueling figures released this week, as the Trump administration tried to renew a set of expiring tax cuts enacted in the president's first term. On Wednesday, the nonpartisan Congressional Budget Office estimated that House Republicans' domestic policy bill — which would slash taxes and welfare programs — would swell the federal debt by $2.4 trillion over the next decade. The budget office also estimated that Mr. Trump's tariffs could reduce deficits by almost $3 trillion over 10 years. While Republicans derided analysts' projections on their tax agenda, they still heralded the office's findings on tariffs. On Thursday, Mr. Trump said the two figures together reflected that his administration would deliver a 'tremendous surplus' for the federal budget. But the president omitted other key findings from the congressional scorekeepers. For one thing, they noted that steep duties on America's closest trading partners could slow economic growth and cause consumer prices to rise — a conclusion that other economists have made in recent months as well. Want all of The Times? Subscribe.
CBS News
26 minutes ago
- CBS News
Philadelphia Orchestra's Pride Concert and Celebration 2025
The CBS News Philadelphia Staff is a group of experienced journalists who bring you the content on Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On
