California is facing a record $68 billion budget deficit, state officials announced Thursday, forcing hard choices for Democratic Gov. Gavin Newsom in his final term as he works to build his national profile. The nation's most populous state — with an economy that is the...
A stimulus check is a direct payment made via paper check or direct deposit to individual taxpayers. The payment is made by the U.S. government to qualifying individuals during times of economic distress to spur the economy. The government makes these payments to boost consumer confidence and en...
cap and trade is also a revenue source for the government, since it has the power to auction emissions credits to the highest bidder. This new revenue can cover infrastructure needs, social programs, be invested in cleaner technologies, or it can even be a way to solve a budget deficit at...
So have some Democrats, who hold a slim majority in the Senate. Sens. Martin Heinrich of New Mexico, Ed Markey of Massachusetts, Alex Padilla of California, Tina Smith of Minnesota, Sheldon Whitehouse of Rhode Island and Ron Wyden of Oregon support the bill, with Wyden calling for "a stop...