U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
CBO projects U.S. debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
Trump plans an audacious grab for congressional ‘power of the purse’
As a presidential candidate last year, Donald Trump declared that if California Gov. Gavin Newsom (D) did not divert more of ...
Navy Times on MSN4d
Navy shipbuilding plan would cost $1 trillion over the next 30 years
The Navy's plan for its future fleet would require $1 trillion and a drastic increase in productivity at the nation's ...
MyNorthwest.com4d
US population projections shrink from last year because of declining birth rates, less immigration
The Congressional Budget Office has shrunk its projections for the U.S. population in 30 years to 372 million residents, a ...
Lawler, Latimer favor study of Social Security's future as fund faces depletion by 2033
With the clock is ticking on the Social Security Trust Fund, Reps. George Latimer and Mike Lawler say more time is needed to ...
Navy Expansion Plans Could Cost Over $1 Trillion
The Navy's 2025 plan would cost 46 percent more each year—when adjusted to take out inflation—than the average amount dedicated yearly over the past five years, the CBO said. The total shipbuilding ...
Trump's pick for budget director won't say whether he would release Ukraine aid
President-elect Donald Trump’s nominee for White House budget director is declining to commit to doling out congressionally ...
Newsweek6d
Navy Expansion Plans Could Cost Over $1 Trillion
a new analysis published by the Congressional Budget Office (CBO) shows. The U.S. Navy is a dominant Western maritime power, but it is spread thin. Keeping a navy the size of Washington's going is ...
Trump wants to cut taxes. So do governors and lawmakers in some states
President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, ...
The Daily Signal3d
3 Crucial Ways to Avoid Poverty Should Be Taught in Schools
Social scientists use the term “success sequence” to describe three choices that can dramatically improve the likelihood that ...