WSJ Opinion: Potomac Watch

It's pitched as a one-time 5% retroactive tax on billionaire wealth, but money is already fleeing California in response, which is why Gov. Gavin Newsom backs Prop. 42 to nullify it. Plus, the latest inflation report shows prices up 3.7% in a year.

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Sen. Dan Sullivan says the road to a Republican majority in the Senate goes through Alaska, but can he overcome a challenge from not just Mary Peltola, but also the confusion caused by ranked choice voting and “Decoy Dan” Sullivan?

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Ukraine says its satellite data is being throttled and hamstringing the country’s ability to defend against Vladimir Putin. Plus, NATO’s top military commander unveils a plan to defend the alliance in the event Putin widens his war.

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Sen. Darline Graham avoids another serious debate misstep, but recent polls show her only a point ahead of Democrat Annie Andrews. Plus, the GOP spends millions to try to save Ken Paxton in Texas, as the press publishes more damaging leaked recordings.

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Donald Trump looks to end the Russia-Ukraine war by making a fuel deal with Vladimir Putin, and calls for an energy ceasefire. Plus, Donald Trump says he may resume a military campaign against the Houthis after the Riyadh airport bombing.

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