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A defense budget of $1 trillion is looming. Here’s how to stop it

2020 election campaign, candidate Joe Biden President Trump said he had abandoned all fiscal discipline. Regarding military spending. Four years later, the Pentagon’s budget is $146 billion higher than it was when President Trump left office, and President Biden is using a loophole in his budget deal with Rep. Kevin McCarthy (R-Calif.) to budget an […]

Bill to nowhere: Biden’s $1 trillion spending spree that voters aren’t buying

President Joe Biden greenlighted about $1 trillion toward tax credits, grants, and loans for clean energy when he signed the Inflation Reduction Act into law. While the 2022 law was popular among U.S. voters at the time, many aren’t seeing the value of Biden’s green spending spree. In light of poor economic polling figures, the […]

Is OpenAI’s Sam Altman’s future worth $7 trillion?

There’s a saying in the modern world of artificial intelligence (AI): “If something isn’t possible with today’s most advanced generative AI systems, wait. It will be next month.” This maxim serves as a powerful reminder not to underestimate the capabilities of a system that is rapidly emerging and is making its way into the halls […]

Wealthiest 1% Set Record with $44 Trillion Total Net Worth

The richest 1 percent of Americans, led by President Joe Biden, set a record with a net worth of $44 trillion at the end of the fourth quarter, data from the U.S. Federal Reserve showed. A recent Lending Club study found that Biden has come to power to combat the widening gap between rich and […]

Trump has no comment as Congress passes $1.2 trillion spending package

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Biden signs $1.2 trillion spending package to keep government open

President Biden on Saturday signed a $1.2 trillion government funding bill aimed at averting a government shutdown, capping a frenzied race by lawmakers to pass a final version of the spending bill. Biden praised the measure as a compromise and “good news for the American people.” “This agreement represents a compromise, meaning neither side got […]