Good morning from Washington, where President Biden seems to think a taxpayers’ bailout for student loan debt will help inflation-beset Americans. Fred Lucas fact-checks the president’s remarks yesterday. Looks like Democrats have the edge on Republicans in “denying” election results, Victor Davis Hanson writes. Plus: Biden loses his bearings on restricting abortion; Oregon Democrats feud over homelessness; and conservatism advances in Europe. Sixty years ago today, President John F. Kennedy goes on TV to announce that U.S. spy planes have spotted Soviet missile bases in Cuba. Enjoy your weekend.
California officials are sounding the alarm after statistics show that less corporate and start-up activity in the state will lead to a decline in tax revenue.