Good Morning! On this date in 1894, a candy store in Vicksburg, Mississippi, became the first to sell Coca-Cola in glass bottles. Up until then, Coke had been sold only at soda fountains. (See First Bottle)
It’s anniversary week here at The Flyover, and we’re in the mood to give some stuff away. We dug through our records to see who our very first subscriber was (friends and family excluded—sorry Mom 😄) and reward them with a $200 gift card. Congratulations to Lorayne Riley! We appreciate you taking a chance on a brand-new newsletter and sticking with us for the entire year.
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Today’s edition is brought to you by our friends at hear.com. Check out their new new IX hearing aid!
Biden Proposes $7.3 Trillion Budget
President Biden unveiled a $7.3 trillion 2025 budget proposal Monday, highlighted by increased spending on Social Security and Medicare, as well as higher taxes for corporations and the wealthy.
House Republicans immediately blasted Biden’s call for $5 trillion in new taxes and $8 billion in spending for climate change, saying it was reckless and would further burden “hard-working Americans.”
White House officials called the budget realistic and pointed to included proposals like a $2,000 cap on drug costs and $35 insulin as proof that Biden “values the American people.”
Republicans disagreed. “Biden’s budget doesn’t just miss the mark – it is a roadmap to accelerate America’s decline,” House leaders said.
Poll: Parents Squeezing to Support Grown Kids
Nearly half of American parents have a child older than 18 that they’re supporting financially, including adult children into their 40s and 50s, according to a detailed new survey by Savings.com.
The survey shows that parents are, on average, paying $1,384 a month to help support their kids — more than twice what they report contributing to their own retirement. For adult children over the age of 28, the average monthly amount drops to $900-$1,000 a month.
Nearly 60% of adults say they’ve sacrificed their own financial security, up from 37% a year ago, Savings.com reports, while 61% of adult children living at home don’t contribute to household expenses at all.
List: The Oldest Bar in Every U.S. State
Today is Travel Tuesday at the Flyover, and if you’re in the mood for a historic armchair pub crawl, here’s a list of the oldest bars in every state in America.
The list ranges from the nation’s oldest bar, the 1673 White Horse Tavern in Rhode Island, through New Orleans’ 1722 Lafitte’s Blacksmith Shop Bar and into the relatively modern 1847 Village Tavern in Long Grove, Illinois.
Many of these long-standing establishments are also high-end restaurants now. You can see which is the oldest bar in your state at the link above, along with photos.
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➤ Tucker Carlson made his first national TV appearance since leaving Fox News in an interview Monday night with former CNN anchor Chris Cuomo on the NewsNation channel. (More)
➤Lawyers for former President Trump asked a Manhattan court to delay his March 25 trial until the Supreme Court ruled on the issue of his presidential immunity claims. (More)
➤ U.S. Senator Bob Menendez and his wife pleaded not guilty in federal court Monday to new obstruction of justice charges related to their corruption case. (More)
➤ Americans expect inflation to be up at least 3% this time next year and remain high over the next three years, according to a survey released by the Federal Reserve Bank of New York. (More)
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➤The NFL free-agency period kicked off Monday with some big signings: Kirk Cousins signed a four-year deal worth $180 million with the Atlanta Falcons, a three-year contract worth up to $115 million will keep Baker Mayfield with the Tampa Bay Buccaneers, and Saquon Barkley found a new home with the Philadelphia Eagles with a three-year $37.75 million deal. (More)
➤A late-game skirmish between the LSU and South Carolina women’s basketball teams Sunday resulted in the ejection of six players from the SEC Tournament Championship game. (See Video)
➤The L.A. Lakers’ Anthony Davis became the first player in NBA history to record 25 points, 25 rebounds, five assists, and five steals in a single game. (More)
➤NASCAR driver Joey Logano is blaming John Hunter Nemechek for his race-ending spin-out Sunday. “He drove straight in the back of me. He has to be man enough to own up to that,” Logano said. (See Video)
Market Report 03/11/2024
▼
NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations
16,019.27
–0.41%
▼
SPX S&P 500
5,117.94
–0.11%
▲
DJI Dow Jones Industrial Average
38,769.73
+0.12%
▼
BTC Bitcoin
$71,757.85
–0.47%
▲
DRKTF Darktrace plc
$5.90
+25.00%
➤ Choice Hotels called off its $7.8 billion takeover bid of Wyndham Hotels after both sides said they couldn’t agree on terms. (More)
➤A proposed Denver,Colorado ordinance would require restaurants to replace sugary beverages on their kids menus with milk or water as the only options. Officials called it a healthy nudge. (More)
➤ Shares of Bitcoin, fueled by a 2024 investment inflow of more than $10 billion, shot up to an all-time record $72,750.16 Monday and held steady. (More)
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➤ Worms harvested from the Chernobyl nuclear disaster zone have mutated and now appear to have an immunity to radiation, scientists say. (More)
➤When NASA launches its October mission to Jupiter’s moon, Europa, it will carry a metal plate that’s similar to the “Golden Record” on Voyager I, with the best content “humanity has to offer.” (See Plate)
➤Astronauts aboard the International Space Station have captured over a dozen rainbow-hued photos of “Aurora Australis,” or Southern Lights, flowing over the Earth. (See Photos)
Flying together with our sponsor
➤ Summer adventures await! With Babbel, just 10 minutes a day can have you speaking like a local on your dream vacation. For a limited time, save 55% on Babbel’s language learning program. (See It)
➤ Travel + Leisure has curated a list of dream vacations to take in every decade of a person’s life, starting in Costa Rica and ending in South Africa. (See the List)
➤ For those who love the water, a beachside home may still be within reach, at least in these 11 beach towns deemed most affordable in the U.S. They range from Oregon to Texas to Florida. (See List)
➤ On a road trip and suddenly desperate for the taste of a great American hot dog? Here’s a list of where to find the best hot dog in every state. (See List)
➤ Catherine, the Princess of Wales, who hadn’t been seen in public since abdominal surgery in January, apologized for releasing a manipulated photo of her with her children for Mother’s Day in Britain. (See Photo)
➤ An Australian shepherd named Viking won the 2024 Crufts Dog Show’s Best in Show this weekend, beating 24,000 canines from around the world. (See Video)
➤ An amateur paleontologist in France discovered a massive skeleton of a dinosaur while walking his dog two years ago, and he kept it secret until now so the site could be excavated. (See Photos)
Biden Proposes $7.3 Trillion Budget
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