In a new projection from the nonpartisan Congressional Budget Office, the federal budget deficit – the gap between government revenue vs. spending – will be $1.9 trillion for the 2024 fiscal year. Thedeficit forecastis $400 billion higher than the CBO’s last estimate in Fe...
Letters: Federal debt relief criticsHouston Chronicle
Republicans celebrated provisions to increase the number of border patrol agents, prohibit the government from banning gas stoves, ban U.S. embassies from displaying LGBTQ+ Pride flags, and halt funding to the United Nations Relief and Works Agency. The bill also maintains the Hyde Amendment, whi...
Economist Peter Morici breaks down what the national debt is, why it ballooned to more than $34 trillion and what it means for Americans. The federal government ran a $510 billionbudget deficitin the first quarter of fiscal year 2024 – an increase of $89 billion from the same peri...
2) This fact is hidden in part because the Federal Government keeps 3 sets of books2) Inter-generational political crisis as retired Americans demand benefits and working Americans demand tax relief. 3) Without public demand, elected officials won't solve this problem until it reaches a crisis....
BIDEN CRITICIZES GOP LAWMAKERS FOR 'DANGEROUS' DEBT CEILING INACTION Enroll in an income-driven repayment plan The federal government offers a few debt relief options for borrowers who are struggling to repay their student loans, including income-driven repayment (IDR). IDR plans limit yo...
But for years, borrowers ran into strict rules and servicer errors that prevented them from having their debt cancelled. The Biden administration adjusted some of the programs rules and retroactively gave many borrowers credits towards their required payments....
She put supply chain security on the map at the Federal Acquisition Service, leading the first-in-government policy to incorporate cybersecurity SCRM requirements into the pre-award acquisition life cycle. From developing a SCRM class for the entire federal acquisition workforce to leading training ...
crisis is its implications for states and localities. If their leaders aren’t paying close attention to fiscal debates in Washington, that’s a mistake. Indeed, it’s no exaggeration to say that the federal government’s irresponsibility constitutes a grave threat to North Carolina’s fiscal ...
The federal government offers a few debt relief options for borrowers who are struggling to repay their student loans, including income-driven repayment (IDR). IDR plans limit your monthly student loan payments to 10-20% of your disposable income, depending on the type of loan you have. ...