Mayors nationwide warn of worsening housing shortfall
Decades of “inadequate” investment and rising home prices during the COVID-19 pandemic have left most Americans unable to afford a home, according to a new report. Mayors across the country are warning of worsening housing shortages. investigation. A U.S. Conference of Mayors poll finds the housing shortage is growing, with mayors warning that the housing […]
Chicago spent $80K to renovate office for first lady Johnson as city faces billion dollar budget shortfall
Invoices and receipts from Chicago Mayor Brandon Johnson's administration are raising new questions about extravagant spending as the city faces a nearly $1 billion budget shortfall. Document discovered by Local news station NBC 5 Amid a financial crisis, the city of Chicago revealed it spent more than $80,000 renovating and renovating an office at the […]
Biden Blames Hurricane Helene on Climate Change, FEMA’s Financial Shortfall Addressed
President Joe Biden, mainstream media and the moderators of Tuesday's vice presidential debate blamed recent Hurricane Helen and the damage it left in its path across the southeastern United States on climate change. “No one can deny the effects of the climate crisis anymore. At least I hope they don't. If they did, they must […]
Congress races to patch $3 billion Veterans Affairs shortfall
Lawmakers are rushing to pass emergency legislation to plug a roughly $3 billion shortfall facing the Department of Veterans Affairs, with officials warning that benefits for veterans and their families are at risk if Congress doesn't act in the coming days. The House passed the bill with bipartisan support Wednesday night, and lawmakers from both […]
House passes bill to plug $3B VA budget shortfall
The House of Representatives passed emergency legislation on Tuesday to address a roughly $3 billion budget shortfall facing the Department of Veterans Affairs (VA), with officials warning that benefits for millions of veterans are at risk in the coming weeks. The bill passed by a voice vote with bipartisan support and now heads to the […]
VA budget shortfall could deepen 2025 funding headaches
The $12 billion shortfall facing the Department of Veterans Affairs (VA) could further complicate an already heated partisan fight over how to fund the government’s 2025 budget. There is already a gap between the spending amounts in the budget drafted by House Republicans and what Democrats say should be spent, taking into account a side […]
Effort to patch VA budget shortfall sees conservative resistance
Senate conservatives have shown early resistance to fast-tracking legislation to address a roughly $3 billion budget shortfall at the Department of Veterans Affairs (VA), with officials warning that benefits for millions of veterans are at risk in the coming weeks. Amid growing concerns about budget shortfalls, some senators had hoped they could pass a bipartisan […]
Rachel Reeves to set out plans to fill the shortfall in public finances left by Tories | Public finance
Rachel Reeves will expose the damaging legacy the Labour government inherited from the Conservatives and set out the case for cuts to public spending, tax increases and the postponement of several major infrastructure projects. She is expected to suspend work on a range of infrastructure projects, including Prime Minister Boris Johnson’s flagship plan for 40 […]
Rachel Reeves to set out plans to fill the shortfall in public finances left by Tories | Public finance
Rachel Reeves will expose the damaging legacy the Labour government inherited from the Conservatives and set out the case for cuts to public spending, tax increases and the postponement of several major infrastructure projects. She is expected to suspend work on a range of infrastructure projects, including Prime Minister Boris Johnson’s flagship plan for 40 […]
Social Security: Most Americans unaware of financial shortfall – NewsNation Now
(NewsNation) — Millions of Americans could see their Social Security benefits cut in just nine years, but a recent report suggests most people don’t even know it. new Peter G. Peterson Foundation Research It found that only 30% of Americans know that without reform, Social Security benefits would be cut by 21% over nine years. […]