Start Closing the Budget Deficit by Changing Foreign Aid from Grants to Loans
Federal debt just broke record $34 trillion.it took the country over 200 years recorded the first $1 trillion in debt, Three months To accumulate the latest trillion dollars. A new parliamentary spending deal will help stem the bleeding. But more needs to be done. The first step to helping reverse runaway debt is to end […]
Debunking Biden’s deficit claims, one by one
The story told by President Joe Biden is that his “Bidenomics” had a positive impact on the economy by reducing the budget deficit and controlling inflation. The problem is, that's not true. On the one hand, there are the claims of the White House and the Treasury; on the other hand, We have a cold […]
Federal Taxes, Spending And Deficit All Up From First Quarter Of FY2023 To FY2024
Federal tax revenues, federal spending, and the federal deficit all increased more in the first quarter of fiscal 2024 than in the first quarter of fiscal 2023, the report said. monthly financial report It was released on Thursday. In the first quarter of fiscal year 2023 (October-December 2022), the federal government collected a total of […]
Gavin Newsom Wants to Raid California’s ‘Rainy Day’ Fund to Help Fill $38 Billion Deficit
California Gov. Gavin Newsom (D) is proposing funding the state's “Rainy Day” fund to help plug the hole in the state's $38 billion deficit. That's a surprising shortfall considering the nearly $100 billion surplus the Golden State enjoyed. Exactly one year ago. As Breitbart News pointed out, California faces a shocking $98 billion surplus, partially […]
With California’s deficit looming, schools brace for Gov. Gavin Newsom’s spending plan
California Gov. Gavin Newsom on Wednesday laid out a plan to offset a staggering budget deficit as the nation's most populous state weathers a revenue slump that could severely impact its 5.8 million public school children. reveal. Just two years ago, California had a budget surplus of more than $100 billion due to a soaring […]
California still losing residents amid looming $68B deficit
California residents will continue to leave the state in 2023, with reports of many defectors heading to Arizona, Texas, Florida and North Carolina. After 410,000 residents left the state in 2020-2021 and an additional 340,000 in 2021-2022, the Golden State has a $38 billion deficit and is expected to continue in 2023. Multiple reports indicate […]