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JAMES CARTER: Take the Federal Budget Quiz

Politicians routinely make fanciful claims about the federal budget. Unfortunately, most Americans do not know when they are being lied to. Can you discern the truth? Find out by taking the following quiz. 1 — True or false? Federal government revenues are stagnant. Therefore, the Biden-Harris administration is justified in repeatedly calling for trillions of […]

Follow The Money: Understanding FEMA’s disaster budget in Hurricane Milton aftermath

It's hard to understand money when it comes to natural disasters. Will FEMA be able to adequately respond? Will residents receive money after their cars, homes, businesses and towns are destroyed by floods? Will Congress approve additional disaster relief in the short term and in the future? So let's follow the money. Reporter's Note: With […]

Trump agenda would add twice as much to national debt as Harris's: Budget group

Former President Trump's tax and spending plan could double the national debt compared to Vice President Harris' plan, reaching more than $7 trillion over the next decade, according to new estimates. rough Analysis published by The Committee for a Responsible Federal Budget (CRFB) estimated on Monday that the plans proposed by both candidates could add […]

Donald Trump’s Plans Would Boost Economy in Near Term While Kamala Harris’s Would Slow Growth, Penn Wharton Budget Analysis Finds

An influential analysis published this month found that President Donald Trump's tax cuts and spending proposals would jump-start the economy in the short term, while Kamala Harris's would immediately slow economic growth. A budget model from the Wharton School of the University of Pennsylvania shows that in the long run, both candidates' proposals would result […]