June 05, 2025
The nonpartisan Congressional Budget Office warned that the House-passed Republican tax and spending bill (the “Big, Beautiful Bill”) would add $2.4 trillion to the national debt over the next decade, raising concerns it will further exacerbate the US’s debt issue. Senate Republicans do plan to revise the bill: some push for deeper tax cuts – which would increase the cost of the bill – while others seek to scale back Medicaid and clean-energy benefits, which offset some of the costs.
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Is AI advancing faster than our ability to regulate it? At the 2026 US-Canada Summit in Toronto, hosted by Eurasia Group and RBC, Ian Bremmer says the biggest issue with AI is not the technology itself, but the lack of governance keeping pace with its rapid development and rollout.
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Iranian President Masoud Pezeshkian displays a memorandum of understanding after signing it in Tehran, Iran, on June 18, 2026, after the document was signed by US President Donald Trump.
Iranian Presidency via ZUMA Press
The interim agreement to end the war, signed by both sides on Wednesday, appears to tilt toward Iran. But the regime remains vulnerable.
A displaced woman holds an Iranian flag as she makes her way back to her home in southern Lebanon, on the highway of Sidon, Lebanon, June 16, 2026.
REUTERS/Zohra Bensemra
On June 14, the US and Iran announced a deal to end the war. A signing ceremony is set for Friday. The terms include an immediate ceasefire on all fronts. With both sides spinning the deal as a victory, there are plenty of ways for this to go wrong.
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