Musk exploring blockchain use to curb US government spending: Report Jan 25, 2025 byVince Quill Elon Musk has previously stated that he wants to cut $1 trillion to $6.5 trillion in annual federal spending to help balance the budget.
This year the federal government is projected to run a $1.9 trillion budget deficit, according to the latest estimate by the CBO.根据国会预算办公室的最新估计，今年联邦政府将出现1.9万亿美元的预算赤字。That would be $200 billion larger than last year's deficit, while the CBO's la...
This year the federal government is projected to run a $1.9 trillion budget deficit, according to the latest estimate by the CBO. 根据国会预算办公室的最新估计,今年联邦政府将出现1.9万亿美元的预算赤字。 That would be $200 billion larger than last year's deficit, while the CBO's latest estimate...
The plan calls for slashing taxes by up to $4.5 trillion and sets a goal of cutting federal spending by $2 trillion. Here’s what to know about the bill and what’s delaying it. Aneeta Mathur-Ashton Feb. 24, 2025 House Attempts to Advance Budget ‘The majority...
Past research on the allocation of federal resources to localities has failed to account for the interaction between federal and state governments. Here a sequential-move game of such interaction is developed, where state governments behave like political surrogates for the federal government when they...
concept becoming mainstream, central bankers are increasingly reluctant to over-expose themselves to dollar-denominated debt. In 2022, the total ownership of Treasury securities held by foreign countries fell by a quarter of a trillion dollars. The federal deficit for the same year reached $1.38 ...
A Kentucky man who shot at Louisville Mayor Craig Greenberg when he was a candidate in 2022 has been sentenced to 17 years and 6 months in federal prison Associated PressJan. 24, 2025 Kentucky's Education Chief Points to Funding Shortfall for School Districts in Current Academic Year ...
Despite being kept separate from government finances, the Committee for a Responsible Federal Budget estimates that the total cost to the nation of stabilizing Fannie Mae and Freddie Mac added $238 billion to the national debt. Nonetheless, the structure that allows the Federal government to exclude...
Q4 rose at an annual rate of 3.6%. This brought the increase in federal government spending for the entire year 2019 to 3.5%. Defense spending surged 4.9% in 2019. Nondefense spending inched up only 1.6%. We’ll get to the debt that this federal government spending produced in a moment...
in December 2021 on Jan. 19. On that day, she announced that Treasury can take "extraordinary measures" to forestall a shutdown until "early June."11After that point, Congress will need to take action to avert a government shutdown and a default on the federal government's debt ...