Good afternoon: Today's PM — edited by Justin Green — is 364 words, a 1.5-minute read.
Situational awareness: "The U.S. budget deficit hit $356.6 billion in the first quarter of fiscal year 2020, up 11.8% compared to the same period the previous year, Bloomberg reports." Go deeper.
Photo: Justin Sullivan/Getty Images
The long-anticipated Elizabeth Warren vs. Bernie Sanders fight has arrived.
Why it matters: Iowa Democrats caucus in less than a month, and you can expect this budding feud to pop up at tomorrow night's debate.
The big picture: The two are competing to unify the far-left flank of the party.
Between the lines: The most important line in the CNN story is that Warren’s campaign declined to comment, notes Axios' Jonathan Swan.
The bottom line: Time spent fighting each other is time the campaigns won't spend going after Biden.
Photo: Alika Jenner/Getty Images
The field before tonight's College Football Playoff National Championship game between the LSU Tigers and the Clemson Tigers in New Orleans.
Joaquin Phoenix in a scene from "Joker." Photo: Niko Tavernise/Warner Bros. Pictures via AP
"Joker" led the way among Academy Award nominees today, setting up another big showdown between traditional studios and the streaming upstarts.
Nominees for Best Picture:
Go deeper: Full list of nominees