The White House is pausing federal grants and loans starting Tuesday as President Donald Trump’s administration begins an across-the-board ideological review of its spending.
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 F...
That being said, is it possible that some of Biden’s (and Trump’s) spending policies led to more price inflation rather than more asset inflation? Yes, but that’s merely shifting the deck chairs on the monetary Titanic. And it doesn’t change the fact that it is gross economic malpra...
Trump plans – How does Cannabis Business fit in? You work hard. Now get ready to work harder to prepare to give more.President Biden's administration has proposed the reclassification of marijuana from a Schedule I controlled substance to a Schedule III drug, which recognizes its medical benefi...
their main rate by a full point since they began easing credit in September. A sharp decline in inflation, combined with a resilient job market, has given the Fed flexibility to reduce borrowing costs from levels that have pounded housing and construction and curbed spending by low-income ...
Just days before its 156th anniversary in 2021, President Joe Biden signed a bill making Juneteenth, which marks the true end of slavery, an official federal holiday. On July Fourth, the nation will celebrate its independence that began in 1776. Across the country, Americans, many with no ...
For the past several months I've been discussing the high probability of Donald Trump's return to the White House. Specifically, I have warned that the Biden/Harris Administration along with the Democrats have been using data manipulation to hide the growing threat of a stagflationary collapse ...
[ix] The latter included $900 billion of stimulus spending related to the pandemic. On Friday, February 5, 2021 – a little over two weeks into Mr. Biden’s administration – the 117th Congress, controlled by the Democrats following the general election in November 2020 and the runoff ...