Interest payments on the debt for the government's fiscal year, which begins in October, now exceed the costs of Medicare and the defense budget. SOARING DEFICITS TO PUSH PUBLICLY HELD DEBT TO RECORD LEVEL IN 4 YEARSThe latest findings from the Congressional Budget Office indicate that the ...
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Fiscal Year 2006 U.S. Government Financial Statements: Sustained Improvement in Federal Financial Management Is Crucial to Addressing Our Nation's Accounta... Testimony issued by the Government Accountability Office with an that begins "GAO is required by law to annually audit the consolidated financi...
If the root system is still there, it’s just a matter of time before it regrows and begins to suffocate the good plants (i.e., the private sector). Instead, shut them down. Eliminate them. Raze the buildings. And pour a foot of salt on the ground so nothing can regrow. Simply s...
The U.S. Congress is working on passing a series of funding packages for the new fiscal year, which begins Oct. 1. Trump could force a partial shutdown of the government in October if he vetoes the funding bills. The U.S. federal government has occasionally been shut down in recent y...
Oct. 1 -- New fiscal year 2018, begins. Dec. 7 -- Congress passes short-term spending bill through Dec. 22. Dec. 22 -- Spending bill expires; new bill needed to avert shutdown. What happens now? Republicans are expected to introduce a second short-term spending measure before Dec. 22...
The agreement announced Sunday averts a possible partial government shutdown when the new budget year begins Oct. 1 and pushes final decisions until after the November election. September 23, 2024 House rejects temporary funding bill to avoid government shutdown The House has rejected Speaker Mike...
But I guess a journey of a thousand miles begins with a first step. Share this: Print Email Facebook Twitter More Loading... Read Full Post »Everything You Need to Know about San Francisco, in a Single Story Posted in California, Local government, tagged California, Local government, ...
The greatest portion of the government's total spending is mandatory spending. Mandatory spending consists primarily of Social Security, Medicare, and Medicaid. The president’s proposed budget begins the process of establishing a federal budget but it must still be voted on and approved by Congress...
N.Y. Times News Service WASHINGTON _ States and mun- icipalities across the country plan to raise taxes and cut spending by tens of billions of dollars in the fiscal year that begins July 1, and economists fear that the money this takes out of consumers' pockets could inhibit recovery ...