(The Daily Signal)—Nearly a month into the federal government shutdown, House Speaker Mike Johnson is shaming the Democratic Party for the ascendance of a socialist faction represented by New York City mayoral candidate Zohran Mamdani.
Johnson, R-La., accused Senate Minority Leader Chuck Schumer, D-N.Y., of voting against a stopgap funding extension due to “fear and political desperation” in the wake of the intraparty backlash he received for voting to fund the government back in March.
“The new power center of the Democrat Party is one that should frighten every common sense American,” said Johnson. “Exhibit A is Zohran Mamdani. New York City, America’s largest city, the cradle of capitalism … they’ve got a 34-year-old, unproven, untested socialist who looks to be the next mayor.”
Johnson’s remarks come a week after House Minority Leader Hakeem Jeffries, D-N.Y., endorsed the state assemblyman and the rest of the Democrat ticket for the Nov. 4 city elections—a decision he had held off making for months.
“Mamdani is a big issue here in the halls of Congress. Why? Because the second-highest ranked Democrat in the country, leader Jeffries, endorsed him,” said Jeffries. “They’re making Mamdani a mainstream Democrat now. This party has left the people.”
Johnson’s efforts to make Democrats suffer politically for their association with Mamdani is much like the broader Republican strategy going into the midterm House elections.
On Tuesday, the National Republican Congressional Committee released a memo detailing a “Battle Plan to Weaponize Mayor Mamdani in Battleground Districts.”
The memo cites internal polling showing Mamdani has 81% name recognition among surveyed voters in battleground districts—almost equal to Jeffries’ 86%.
Additionally, the memo claims that “capitalism” has +12 net favorability among battleground voters compared to -12 for “socialism.” Mamdani openly aligns himself with socialism.
“The NRCC will ensure every voter knows Zohran Mamdani is synonymous with the Democratic Party nationwide,” the memo concludes.
Why the National Debt Is the Looming Threat to Your Retirement Plans
The Hidden Crisis No One Is Talking About
Every day, headlines warn about inflation, market volatility, and global instability—but the greatest looming threat to your retirement might be something far more fundamental: America’s skyrocketing national debt.
You can learn more about how the national debt affects you by reading this 3-minute report titled, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now“.
With debt growing faster than most Americans can possibly fathom, the government’s borrowing habits have reached historic—and dangerous—levels. To cover spending, Washington is making moves with their budget packages, tariffs, and taxes. Is it enough? No. It’s not even close to what would be necessary to stop out-of-control debt, let alone reverse it.
How Debt Erodes Your Nest Egg
There are only so many levers government and the Federal Reserve can pull to try to protect Americans, assuming that’s even a top priority for them. Unfortunately, pulling one level to relive one pressure invariably adds pressure from another direction. This is why prices keep going up even as inflation reportedly slows.
For retirees and pre-retirees, that’s a perfect storm. The dollars you’ve worked hard to save lose value, and your cost of living increases while your investments lag behind.
If you’re relying solely on paper-based assets—stocks, bonds, or mutual funds—you’re essentially tied to the same system that’s creating the problem. It’s a system that was designed to work well in the 20th century, not in today’s world with people living longer and the dollar rapidly losing value.
This is why the 3-minute report, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now,” is so important.
The Precious Metals Hedge
Thousands of Americans are looking for a tangible, time-tested hedge: physical gold and silver.
Unlike paper assets, precious metals aren’t dependent on government policy or the stock market’s mood swings. They’re real, finite resources that have maintained value for thousands of years through wars, recessions, and inflationary periods.
In fact, during times of high inflation and fiscal instability, gold often performs its best—because it’s seen as a store of value when faith in the dollar weakens. This is why prices have skyrocketed this year and are expected by many economists to continue going up in the future.
Take Control with a Gold IRA
One of the most effective ways to protect your retirement from national debt fallout is through a self-directed Gold IRA. This IRS-approved account lets you hold physical gold and silver within your retirement portfolio, giving you:
- Direct ownership of your assets
- A hedge against inflation and dollar decline
- The control to diversify beyond Wall Street
Augusta Precious Metals specializes in helping Americans just like you take this step with confidence. The company has earned a strong reputation for transparency, education, and personalized service—making it one of the most trusted names in the industry.
The Next Step: Secure Your Financial Future
Augusta Precious Metals has helped thousands of Americans with at least $50,000 to invest from their IRAs, 401(K)s, TSPs, and other retirement accounts safeguard their savings through precious metals.
If you’re concerned about what the rising national debt could mean for your future, now is the time to act.
Read this 3-minute report titled, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now“ and learn the simple steps you can take to protect your retirement.
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