EPI chief economist Josh Bivens posited that if the U.S. enters a recession in the coming months, the “rapid softening/deterioration in the labor market” over the last three months will likely be marked in retrospect as the start of the country’s economic decline.

JD Vance is officially Donald Trump’s right-hand man, but their relationship has long had its tensions. Now, a hushed meeting between Vance and media titan Rupert Murdoch in June 2025 has triggered fresh speculation that Vance may be quietly distancing himself from President Donald Trump.

The vice president is pitching the Trump administration’s signature policy achievement to a skeptical American public.