memeorandum: Trump's Second-Term Plan For Social Security: Starve The Beast (Teresa Ghilarducci/Forbes)

10:55 AM ET, August 25, 2019

Top Items:

Trump expresses regret about escalating China trade war, then reverses course and says he wishes he raised tariffs higher — ● The White House said President Trump's earlier suggestion that he regretted escalating the trade war with China was “misinterpreted” and that what he regrets is not raising tariffs higher.

Discussion: Talking Points Memo, Politico, One America News Network, Associated Press, The Week and UPI

Rebecca Falconer / Axios:

China trade war: White House clarifies Trump comments about “second thoughts” — White House Press Secretary Stephanie Grisham clarified remarks that President Trump made at the G7 summit in Biarritz, France, in which he appeared to express regret about the United States' escalating trade war with China.

Discussion: Reuters, The Guardian and BizPac Review

Yasmeen Serhan / The Atlantic:

Boris Johnson's G7 Balancing Act — Boris Johnson has spent the first month of his premiership holding bilateral talks with Britain's allies in the European Union and in the United States. But can he appeal to both at once? — At this weekend's Group of Seven summit in the French seaside town …

Discussion: BBC

Associated Press:
Trump signals some regret on China trade war

Discussion: Axios, The Week and Reuters

NewsHound Ellen / Latest from Crooks and Liars:
Sen. Graham: Be Glad Trump's China Trade War Tanked Your 401(k)!

Discussion: Hullabaloo

Associated Press:
The Latest: Trump expresses confidence on Brexit talks

Discussion: Meduza.io

Michael D. Shear / New York Times:
Trump Aides Slam French for Focusing on ‘Niche Issues’ at G7

Discussion: The Guardian and Bloomberg

Associated Press:
The Latest: G-7 leaders meeting on threats to global economy

Discussion: One America News Network

Wall Street Journal: G-7 Summit Off to Rocky Start as U.S. Officials Assail France

Teresa Ghilarducci / Forbes:

Trump's Second-Term Plan For Social Security: Starve The Beast — I am an economics professor focusing on retirement security and jobs. — “> In using deficit fears to target entitlement programs, many Republicans are hoping to use Trump's second term to cut Medicare and Social Security.

CNN:

Under Trump, the deficit has ballooned, exploding a GOP myth — Julian Zelizer is a professor of history and public affairs at Princeton University, and author, with Kevin Kruse, of the new book “Fault Lines: A History of the United States Since 1974.” Follow him on Twitter at @julianzelizer.

Will Steakin / ABC News:

EXCLUSIVE: Joe Walsh announces Republican primary challenge against President Trump — Conservative firebrand former Illinois Rep. Joe Walsh announced Sunday in an exclusive interview with ABC News Chief Anchor George Stephanopoulos on ABC's “This Week” that he's launching …

Discussion: Fox News, Politico, Associated Press, Mediaite, Breitbart and New York Post

Washington Post:

Former congressman Joe Walsh announces primary challenge against Trump — Former Illinois congressman Joe Walsh announced Sunday that he will challenge President Trump in the 2020 primary, becoming the second Republican to wage a bid against the president. — Walsh, a talk-radio host …

Axios:

Republican Joe Walsh announces he will primary Trump in 2020 — Former Rep. Joe Walsh (R-Ill.) announced on ABC's “This Week” that he is launching a primary challenge to President Trump in 2020. … The big picture: Walsh isn't Trump's only primary challenger, as former Gov. Bill Weld (R-Mass.) has already launched a long-shot bid.

Discussion: Chicago Sun-Times, CBS Chicago and Mediaite

Lachlan Markay / The Daily Beast:

Steve King Is Broke And Has Been Abandoned by His Colleagues as He Runs for Re-Election — It turns out that there are some actual political consequences for a congressman sounding off repeatedly about white supremacy and abortion. — As he gears up for a difficult re-election cycle, Rep. Steve King's campaign is strapped for cash.

Carrie Dann / NBC News:

‘A deep and boiling anger’: NBC/WSJ poll finds a pessimistic America despite current economic satisfaction — A new NBC News/Wall Street Journal poll finds that 70 percent of Americans say they're angry at the political establishment — WASHINGTON — The political and cultural upheaval …

Mary Papenfuss / HuffPost:

Anthony Scaramucci Turns Up At Hamptons Charity Event Featuring ... Joe Biden — Biden trumpets fight for “soul of the nation.” The Mooch says he's still a Republican, and searching for a GOP candidate to challenge Trump, who has “lost his mind.” — President Donald Trump's former long …

Discussion: Political Wire

Rick Wilson / New York Daily News:

The great crackup: Trump is coming even more undone — “Our great American companies are hereby ordered...” — The subtle meter in Americans' brains that tracks the degree to which the universe seems off its axis has been in a state of constant flux since Donald Trump's election in 2016 …

Discussion: Bloomberg, The American Spectator and The Guardian

Binyamin Appelbaum / New York Times:

Blame Economists for the Mess We're In — Why did America listen to the people who thought we needed “more millionaires and more bankrupts?” — Mr. Appelbaum is a member of The New York Times Editorial Board and the author of the forthcoming “The Economists' Hour: False Prophets, Free Markets and the Fracture of Society.”

Jon Levine / New York Post:

Former Kirsten Gillibrand staffers want senator to quit presidential campaign — It's time for Sen. Kirsten Gillibrand's sputtering presidential campaign to call it quits, a friend of hers and two former aides told The Post. — “It would be best if she decided that this was not her time …

Discussion: BizPac Review