Deficit

Fiscal Year Starts with Record $257 Billion Deficit as Outlays Climb

The U.S. budget deficit surged nearly four times to reach $257 billion in October, influenced by several one-time factors, according to a report released...

Biden Admin’s Regulatory Costs Reach Nearly $1.78 Trillion

The American Action Forum (AAF) found that the Biden-Harris administration has spent nearly $1.78 trillion in rules and regulations since January 2021.

Casey and McCormick Neck-and-Neck: A Critical Senate Showdown in Pennsylvania

As the 2024 campaign enters its final two weeks, the Pennsylvania Senate race has shifted to a “toss-up,” with Democratic Sen. Bob Casey facing...

Chicago Democratic Mayor Brandon Johnson Introduces New School Board After Previous Panel Resigns

Chicago Mayor Brandon Johnson announced new members of the city's school board on Monday following the resignation of all seven previous members amid a conflict over control of the public school system.

Entire Chicago School Board Resigns Following Dispute With Mayor Brandon Johnson

The entire Chicago Board of Education has resigned following a dispute with Democrat Mayor Brandon Johnson, marking a significant political clash over the city's education system.

Interest Payments on U.S. Debt Surpass Trillion-Dollar Threshold

This year has seen the U.S. government's debt interest costs exceed $1 trillion for the first time, marking a significant financial milestone

Chicago Facing Nearly $1B 2025 Deficit

Chicago Mayor Brandon Johnson said the city has a $982 million deficit for its 2025 budget.

Harris Shifts Gears with 28% Corporate Tax Proposal, Aligning Closer to Biden’s Budget Plan

Vice President Kamala Harris is advocating for an increase in the corporate tax rate to 28% as a key part of her strategy to...

Inclusive or Irresponsible? The Debate Over California’s Proposed Loan Program

In a move that brings California closer to extending home loan opportunities to undocumented immigrants, the state Senate Appropriations Committee, led by Democrats, recently endorsed AB 1840.

Trump Says Harris Has Gone ‘Full Communist’

At a rally in Pennsylvania, former President Donald Trump criticized Vice President Kamala Harris, accusing her of promoting "socialist price controls" and going "full communist" in a recent campaign speech.

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