Billion

Treasury Audit Uncovers $50 Million in Back Taxes Owed by IRS Employees and Contractors

A recent Treasury Department inspector general audit discovered that employees and contractors of the Internal Revenue Service collectively owe $50 million in back taxes....

Trump Vows to Make the U.S. the ‘Bitcoin Superpower of the World’

Former President Donald Trump said over the weekend that he plans to make the United States the "crypto capital" and "bitcoin superpower of the world."

Gov. Abbott Pledges to Triple Texas Border Defenses in Response to Democratic Ticket Shakeup

Texas Governor Greg Abbott, a Republican, issued a strong reaction to the shift in the Democratic presidential race, announcing intentions to bolster his state's...

Democrat’s ‘Clean Energy’ Tax Credits Have Been Going to High-Income Households, Report Shows

A new report by the National Bureau of Economic Research (NBER) has revealed that clean energy tax credits disproportionately benefit high-income tax filers.

Court Blocks Remainder of Biden Student Loan Forgiveness Plan

A federal appeals court blocked the remainder of President Joe Biden's student loan cancellation plan.

Biden Admin Signs Green Energy Deal with California

The U.S. Department of Energy (DOE) signed a $12.6 billion agreement with the state of California to create a "Hydrogen Hub."

Zelenskyy to U.S. Lawmakers: ‘We Need You Right Now’ as Ukraine Faces Devastation

During a live-streamed address to the U.S. Congress, Ukrainian President Volodymyr Zelenskyy drew parallels between Ukraine’s struggle and historical U.S. tragedies such as Pearl...

U.S. Lost Trillions of Dollars in COVID Economic Damages

A report from the Heritage Foundation's Nonpartisan Commission on China and COVID-19 revealed that the pandemic and related policies led to the United States having $18 trillion in economic losses.

California Lost $24 Billion in Former Residents’ Incomes

The number of residents leaving California has led to the state losing $24 billion in personal incomes between 2021 and 2022, according to IRS data.

Political Spending Projected to Reach Record High

Political spending across the United States is expected to reach $10.69 billion. The number is a revision from AdImpact's earlier number of $10.2 billion.

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