Under Trump and Biden, the spending burden has grown much faster (even if we ignore the orgy of COVID spending). Unfortunately, it is likely that the next four years will be just as bad as the past eight years. That’s because both Donald Trump and Kamala Harris are big spenders. Not...
* Excluding federal grants (which are counted under federal spending), in 2022 U.S. state and local governments spent $534 billion on general government and debt service.[115] This amounts to: 20% of all state and local government current expenditures. $1,603 for every person living in ...
The announcement comes a week after Trumpwon a second termas president, with voters expressing their dissatisfaction with the economy under the Biden administration. As part of his campaign vows, Trump promised to slash government spending. Musk's bio on X, the social media platform he bought in...
Foreign Policy Under TrumpLast, but not least, Trump has promised to return to his first term of world peace. He hopes to negotiate an end to the Ukraine-Russia war and the conflicts in the Middle East, as well as reduce the bellicose agenda of the communist Chinese. It’s a tall ...
But many are now worried that the broad advances they achieved over the last decadewill be reversedunder President-elect Donald Trump, who has likened gender transition to “mutilation,” vowed to roll back job protections and healthcare for trans workers and threatened to reimpose a ban against...
Trump’s proposed cuts to the federal workforce could increase dependency on contractors, experts say Conversely, Trump’s advisory Department of Government Efficiency plans to push for decreasing spending on federal contracts. Sean Michael Newhouse ...
Despite missing deadline, Congress avoids government shutdown by passing spending bill without Trump’s debt ceiling raise BYSasha Rogelberg December 21, 2024 Finance Government shutdown odds swing wildly on betting markets as Trump would rather see it start under Biden ...
However, there is an acknowledgement too within the government that it is now even more pressing for European allies to increase defence spending in the wake of a Trump win. "Our approach will be to look at how he acts, rather than what he says," one UK official said. ...
Washington —President Trump has signed a continuing resolution that will extend government funding through Sunday to allow negotiations over a government spending measure and a coronavirus relief bill to continue. The House and Senate passed the resolution earlier Friday. ...
Government is in a double bind as global uncertainty and need to improve public services force tough choices on spending January 22 2025 Inside Politics A smart play for UK’s ‘open for business’ agenda Government ousts chair of regulator whose decision to initially block Microsoft-Activision dea...