Trump’s post-conviction fundraising surge wipes out cash deficit
Former President Trump’s campaign has largely made up for a significant funding gap relative to President Biden’s reelection campaign, thanks to a surge in donations over the past two months during and immediately after Trump’s criminal trial in New York City. According to a Federal Election Commission (FEC) report filed late Thursday, the Trump campaign […]
Foreign Aid And Student Loan Forgiveness Behind Massive Increase In Deficit Estimate, Congressional Budget Office Says
America’s debt is growing faster than previously expected, largely due to actions taken by the Biden administration and recent legislation, according to the Congressional Budget Office (CBO). The United States’ projected deficit is $1.9 trillion for the 2024 fiscal year, $400 billion higher than it was projected to be in February, the CBO announced Tuesday. […]
The Spending Will Continue Until the Deficit Improves
Remember when deficits were a problem? The (more or less) bipartisan Congressional Budget Office (CBO) This year’s federal budget deficit The budget was increased by $400 billion on Tuesday, bringing the projected deficit this year to $1.92 trillion, a 27 percent increase from the CBO’s original estimate at the beginning of the year. According to […]
US deficit projected to reach $1.9 trillion this year
The Congressional Budget Office (CBO) said Tuesday that it projects the federal budget deficit to reach $1.9 trillion this fiscal year as government spending continues to rise. The estimated gap between annual revenues and spending is about $400 billion higher than the Treasury Department’s February projection, contained in the nonpartisan budget management agency’s latest budget […]
Gavin Newsom’s Budget Slashes Public Safety Funding, Expands Climate Programs Amid Massive Budget Deficit
Democratic Gov. Gavin Newsom of California proposed cutting from the state’s public safety budget to address a $27.6 billion fiscal deficit while also expanding climate-related programs. Newsom proposed revisions to the 2024-25 fiscal budget in May which cut $80 million from the Department of Corrections and Rehabilitation (CDCR) and $15 million from Department of Justice […]
Newsom proposes defunding police, prisons, public safety as California faces massive deficit
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Timberwolves overcome largest halftime deficit to beat Nuggets in Game 7 | NBA | FIRST THINGS FIRST
Nick Wright, Chris Broussard and Kevin Wildes react to the Minnesota Timberwolves win over the Denver Nuggets in Game 7 of … source
Minnesota Timberwolves overcome deficit to stun Denver Nuggets in Game 7
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California Legislature Rejects ‘Medicare for All’ — Again — Over Costs, Deficit
California’s Democratic-controlled Legislature has proposed creating a single-payer health care system, or socialized medicine, called “Medicare for All,” citing high costs amid a budget deficit. was rejected again. The idea of a government-run, publicly funded health care system has seduced left-wing Democrats for decades. In 2016 and 2020, it became a focal point of socialist […]
JPMorgan Chase CEO Jamie Dimon warns of fiscal deficit
JPMorgan Chase & Co. CEO Jamie Dimon said Wednesday that the U.S. needs to pay down its budget deficit sooner rather than later, before the issue escalates into a “much more unpleasant” crisis in the future. I warned you. “America has spent a lot of money,” Dimon told Sky News on Wednesday. The bank’s chief […]