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The Wakeup Times

Journalism Beyond Headlines

U.S. Debt Is Now Bigger Than the Economy. That’s Not the Real Problem.

Prateek Tanmay
Credit and Debt, Federal Budget (US), National Debt (US), United States Politics and Government
May 16, 2026
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Washington quickly brushed off a startling milestone in a mounting problem.

Prateek Tanmay

Prateek Tanmay
Compensation for Damages (Law) , Courts and the Judiciary , Federal Aid (US) , Federal Budget (US) , Internal Revenue Service , Justice Department , Law and Legislation , Presidential Power (US) , Suits and Litigation (Civil) , Supreme Court (US) , Trump Tax Returns , Trump, Donald J , United States Politics and Government
May 20, 2026
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Trump’s $1.8 Billion Fund Tests Constitutional Limits

The deal the president reached with his own subordinates relies on a mechanism created by Congress that legal experts had warned was subject to manipulation.

Prateek Tanmay
Blanche, Todd (Attorney) , Compensation for Damages (Law) , Corruption (Institutional) , Internal Revenue Service , Justice Department , Suits and Litigation (Civil) , Tax Evasion , Trump Tax Returns , Trump, Donald J , United States Politics and Government
May 20, 2026
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I.R.S. to Drop Audits of Trump and Family

As part of the Justice Department’s deal, officials vowed not to pursue any matters, including those involving President Trump’s tax returns, that are pending.