Spending Cuts

Liz Truss Resigns as British PM After Just 45 Days in Office

Truss, who became Prime Minister on Sep 6 and replaced Boris Johnson, will no longer be leader of the Conservative Party.

Respect the Fed? No, End the Fed

President Joe Biden has unveiled a three-part plan to fight inflation — or at least make people think he is fighting inflation. One part...

$1 Trillion Infrastructure Bill Would Add $256 Billion To U.S. Deficit In 10 Years, CBO Estimates

TOPLINE The Congressional Budget Office released a report Thursday estimating the $1 trillion proposal would add $256 billion to the nation's budget deficit over the...

House votes to avert deep spending cuts, including to Medicare, resulting from $1.9T relief package

The Democratic-led House voted Friday to avert deep spending cuts, including an estimated $36 billion in Medicare cuts next year, that would be triggered by President Biden’s $1.9 trillion coronavirus relief package absent action from Congress.

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