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Alaska's Constitutional Convention spending spree & the first step in dumping Trump

Welcome to The Fulcrum’s daily weekday e-newsletter where insiders and outsiders to politics are informed, meet, talk, and act to repair our democracy and make it live and work in our everyday lives.


Part I: Alaska's Constitutional Convention spending spree

This is the first part in an exclusive weekly series of articles in The Fulcrum by J.H. Snider on Alaska’s 2022 periodic constitutional convention referendum divided into four parts. Part I describes the spending spree over the referendum. Part II will propose a deterrence theory to explain the extraordinary amount the no side spent. Part III describes the failure of the referendum’s marketplace for campaign finance disclosures. Part IV will provide recommended reforms to fix this broken marketplace.

In 2022, Alaska’s periodic constitutional convention referendum had blowout campaign expenditures compared to all other referendums on the ballot across all fifty U.S. states. Surprisingly, a large fraction of that spending can best be explained not as a means to defeat a specific referendum, which was handily done by a 40% margin, but to preserve convention opponents’ reputation for political invincibility, thus enabling the defeat of future convention referendums in Alaska and other states without bearing the costs of a fight.

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The first step in dumping Trump

Former President Trump has been called many things from a would be tyrant to an alleged sexual predator. In the aftermath of the 2022 elections, a new moniker may sound his death knell– a loser. He lost in 2020, as did his party. With inflation running high in a midterm election, he led his party to vastly underperform. Many Republicans are now advocating ditching him but no plan has emerged as to how to do so given Trump has a loyal base in the party.

The first step Republicans should take to distance themselves from Trump is to back the Protecting Our Democracy Act, which outlines roughly a dozen ideas to reduce the ability of future presidents to weaken democratic institutions through the abuse of power. Doing so would provide cover to Republican politicians still hesitant to publicly repudiate Trump because the act supports executive reform that would apply to all future presidents, irrespective of party.

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Podcast: McCarthy’s headaches & what rebels want

There have not been multiple ballots in a speaker election in 100 years, as Kyle Kondik wrote for the Crystal Ball earlier this week. On Thursday, January 5, Representative Kevin McCarthy of California offered new concessions to a group of conservative Republicans that have prevented him from winning the majority of votes needed to secure Speaker of the House. Mr. McCarthy has not yet been able to lock in the 218 votes he needs to win the Speakership. In the seventh, eighth, and ninth rounds of voting, held on Thursday, 20 Republicans voted for other candidates, and one voted “present.”

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U.S. Captures Venezuelan President Nicolás Maduro in Overnight Strike: What It Means for Washington

President of Venezuela Nicolás Maduro on November 21, 2025 in Caracas, Venezuela.

(Photo by Jesus Vargas/Getty Images)

U.S. Captures Venezuelan President Nicolás Maduro in Overnight Strike: What It Means for Washington

The United States carried out a “large‑scale strike” on Venezuela early Saturday, capturing President Nicolás Maduro and his wife, Cilia Flores, in a rapid military operation that lasted less than 30 minutes. President Donald Trump confirmed that the pair were “captured and flown out of the country” to face narco‑terrorism charges in U.S. courts.

Explosions and low‑flying aircraft were reported across Caracas as U.S. forces—identified by officials as Delta Force—hit multiple military and government sites. Venezuelan officials said civilians were killed, though the scale of casualties remains unclear.

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Trump’s First-Year Economy: Growth, Tariffs, and Rising Public Anxiety
1 U.S. dollar
Photo by Annie Spratt on Unsplash

Trump’s First-Year Economy: Growth, Tariffs, and Rising Public Anxiety

As we kick off a new year, it’s a good time to assess President Donald Trump’s performance on the economy. He came into office a year ago with his “America First” philosophy. He promised to bring down the cost of living, create jobs, reduce illegal immigration at the border, enact big corporate and income tax cuts, and more. So, how is he doing on his campaign promises?

Below are ten specific economic indicators, which reveal a split-screen reality of positives and negatives. Most ominously, Americans are turning increasingly gloomy over their own economic futures.

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Meta Undermining Trust but Verify through Paid Links
Facebook launches voting resource tool
Facebook launches voting resource tool

Meta Undermining Trust but Verify through Paid Links

Facebook is testing limits on shared external links, which would become a paid feature through their Meta Verified program, which costs $14.99 per month.

This change solidifies that verification badges are now meaningless signifiers. Yet it wasn’t always so; the verified internet was built to support participation and trust. Beginning with Twitter’s verification program launched in 2009, a checkmark next to a username indicated that an account had been verified to represent a notable person or official account for a business. We could believe that an elected official or a brand name was who they said they were online. When Twitter Blue, and later X Premium, began to support paid blue checkmarks in November of 2022, the visual identification of verification became deceptive. Think Fake Eli Lilly accounts posting about free insulin and impersonation accounts for Elon Musk himself.

This week’s move by Meta echoes changes at Twitter/X, despite the significant evidence that it leaves information quality and user experience in a worse place than before. Despite what Facebook says, all this tells anyone is that you paid.

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The Fulcrum Opens Applications for 2026 Summer Journalism Fellowship

a person is writing into a notebook

The Fulcrum Opens Applications for 2026 Summer Journalism Fellowship

The Fulcrum is now accepting applications for its 2026 Fulcrum Fellowship, a 10‑week summer program designed to train the next generation of journalists in solutions‑focused reporting and narrative complexity. The fellowship will run from June 8 through August 14, 2026 and is part of The Fulcrum’s broader NextGen initiative, which aims to expand opportunities for emerging journalists across the country.

The Fulcrum Fellowship builds on the success of its inaugural cohort and reflects the organization’s commitment to nurturing young journalists who can move beyond polarized, one‑dimensional storytelling. The program helps storytellers illuminate not only the challenges facing democracy but also the responses and innovations happening in communities nationwide. Fellows learn to produce stories that counter oversimplified narratives and elevate underrepresented voices.

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