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Janet Yellen admits COVID spending may have contributed ‘little bit’ to inflation

Treasury Secretary Janet Yellen said in a CNBC interview Wednesday that the Biden administration's stimulus spending to keep the economy afloat during the coronavirus pandemic may have contributed slightly to inflation. Yellen said supply chain issues and shortages were the main factors driving up prices during the pandemic, but acknowledged that stimulus spending may have […]

What to know about DOGE and its quest to slash government waste, spending

The newly created Department of Government Efficiency (DOGE) is preparing to take office after the Trump administration is sworn into office, with the goal of reducing government waste and increasing transparency in government spending. DOGE is not a cabinet-level department, but rather an outside government blue ribbon commission tasked with investigating government spending, waste, efficiency, […]

Newsom Claims California Budget Surplus; Warns of Trump, DOGE Spending Cuts

California Gov. Gavin Newsom (D) insisted the state will have a modest budget surplus next year, but still plans to raid the “rainy day” emergency fund, prompting President-elect Donald Trump He warned about the president's spending cuts. Newsom came under intense criticism last year after he turned what was once a $100 billion surplus into […]

Top New Year’s Resolutions Include Eating Healthier, Spending More Time with Family

According to a Statista survey, Americans' top New Year's resolutions include eating healthier and spending more time with family. Most Americans, 57 percent, said Although they have some kind of resolution for 2025, 43% said they have not. Of those who said they were determined, five stood out. The survey results showed that 21% said […]

J.D. FOSTER: The Emergency Spending On Farmers Was A Scam

What would you do if you were on benefits and you thought you had a chance to trick a politician into increasing your welfare check? Right. Now you know why Ongoing solution Contains 10 billion dollars to non-emergency “emergency” funding for American agriculture; The state of emergency is that American agriculture, or some portion of […]

Tracking government spending, Part 2: Contractual services and supplies

Spending on contracts and supplies is the second-largest of the federal government's major spending groups, according to usaspending.gov. More than $1.1 trillion was spent on deals negotiated by the government to hire contractors. This category has grown by 19% compared to five years ago. “We're looking forward to massive cuts to all federal contractors and […]

Most Americans Spending New Year’s Eve at Home

Most Americans are celebrating the New Year at home, according to a Rasmussen Report survey. investigation asked “When the New Year comes, where will you be at midnight?”Despite popular belief, the majority (67% of the total) say they will ring in the New Year at home. Only 14% said they would go to a friend's […]