Budget-conscious leaders urge Johnson on Trump’s significant proposal: ‘Should not increase the deficit’
On Wednesday, the Finance Hawks cautioned House GOP leaders about a significant bill being developed in Congress aimed at supporting Trump’s tax initiatives, emphasizing that it should “not add federal spending to the deficit.” More than 30 Republicans, including Rep. Lloyd Smucker, expressed support for Speaker Mike Johnson and Majority Leader Steve Scalise’s commitment to […]
Trade deficit grows in the first quarter
The US trade deficit expanded in the first quarter, largely influenced by President Trump’s tariffs impacting both the economy and international relationships. According to the US Census Bureau and the US Economic Analysis Bureau, the goods and services deficit reached $1,400.5 billion in March, marking an 8% rise from the previous month. This adjustment will […]
Trade deficit reaches all-time high in March due to increase in imports
Scott Bescent, the U.S. Treasury Secretary, has inked a deal with Ukraine, while President Trump focuses on tax cuts and legislation aimed at clarifying trade tariffs with China. This comes in the wake of increasing concerns about the growing U.S. trade deficit, which reached unprecedented levels. According to the Commerce Department’s report released on Tuesday, […]
NBA Playoffs: Knicks surprise Celtics, overcome 20-point deficit to take Game 1
Knicks Stun Celtics in Overtime Thriller The New York Knicks pulled off a surprising win against the Boston Celtics in their playoff opener on Monday night in what turned out to be quite a dramatic game. Despite being down by 20 points, the Knicks fought back to force overtime and ultimately triumphed 108-105. Boston struggled […]
Suffolk County may have to pay back $91M in shady red-light camera fees — leading to massive budget deficit
Suffolk County may need to pay $91 million for the shady fees collected from the controversial red light camera program. This is a cost that can cause budget mayhem. Long Island County is already facing a potential battle over spending plans, with budget review offices projecting a $552 million deficit by 2028. Suffolk ended the […]
State Department considers closing nearly 30 embassies and consulates to slash federal deficit
President Donald Trump’s State Department reportedly has closed nearly 30 embassies and consulates as part of a plan to significantly cut the agency’s budget. State Department memo obtained by New York Post and Some other Outlet The agency has revealed it has outlined a strategy to cut spending by $26 billion next year. The latest […]
DOGE Advisor And Treasury Secretary Bessent Discuss Efforts To Rescue IRS From Its ‘Deep Deficit’
(l) After a television interview on the White House North Lawn on March 13, 2025 in Washington, DC, Treasury Secretary Scott Bescent speaks with reporters outside the West Wing. (Photo: Andrew Harnik / Getty Images) / (R) Sam Corcos – Doge Advisor (Photo: LinkedIn profile photo) OAN Staff Brook Mallory4:08pm – Friday, March 21st, 2025 […]
UK deficit overshoots forecasts by £4.1bn; consumer confidence lifts – business live | Business
Dem gov says MD, with $3B deficit, has been doing DOGE ‘before anyone knew what [it] was’
Maryland's Democratic government, Wes Moore, claimed that his tenure was two years ago before the second Trump administration and that Republican Larry Hogan Jr. began engaging in doge-style governance shortly after he left in 2023. Moore is argued to be a 2028 presidential candidate who tried to suppress such a talk and instead focus on […]
‘We Are Laser-Focused on Getting this Deficit Under Control’
WASHINGTON – Treasury Secretary Scott Bescent told Breitbart News that President Donald Trump's administration is “laser-centric” about cutting deficits and being “under control.” Bescent said he joined Trump on the campaign trail last year and later joined his cabinet as he was “very worried” by the “high levels of government spending” that had become established […]