Deficit

Federal Government Borrows $5 Billion a Day

According to a report in The Center Square, the federal government has borrowed about $5 billion a day throughout fiscal year 2024.

Biden Administration’s Illegal Student Loan Relief Plans Hit Roadblocks

Two recent federal judges have delivered a setback to Biden's ongoing attempts to cancel massive student loan debt. I will elaborate on that later. The...

California Approves Budget with Spending Cuts and Temporary Tax Hikes to Address $46.8 Billion Shortfall

In response to an anticipated $46.8 billion budget shortfall, California lawmakers approved a budget on Wednesday that reduces spending and temporarily raises taxes on...

The American Way: An Analysis on the Confusion-Inducing Response of the American Government to the COVID-19 Pandemic

In 2019, an unknown virus caused acute pneumonia in a man from Wuhan City, China. As of April 2024, that virus has caused over 700...

Newsom to Defund Police, Support Climate Policies Amid Deficit

The state of California owed the federal government millions of dollars after claiming reimbursements from the Medicaid program for illegal immigrants.

California Ranks Last on Opportunity Scale

California ranks last place on an opportunity scale provided by U.S. News and World Report.

Biden Makes Gaffe at NAACP Event, Claims He Was Vice President During Pandemic

President Joe Biden made an apparent blunder while addressing attendees at the NAACP’s Fight for Freedom Fund Dinner in Detroit on Sunday. The 81-year-old...

Republican Rep. Introduces Bill to Abolish Federal Reserve

Republican Representative Thomas Massie (KY) introduced a bill that would abolish the Federal Reserve.

California Gov. Gavin Newsom Proposes Cutting 10,000 Vacant State Jobs to Close State Deficit

Gov. Gavin Newsom (D-CA) announced a proposal to cut thousands of vacant state jobs and funding to more than 200 state programs in order to close the state’s $27.6 billion deficit.

Governor Newsom’s Coin Initiative Sparks Backlash Amid State Challenges

California Gov. Gavin Newsom invited the public's input for a new $1 coin honoring the state's innovations, but the responses he received highlighted criticisms...

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