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80 Results found for budget deficits

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By right-sizing its operations, WVU is embracing reality.
 
America’s gross national debt surpassed $33 trillion for the first time in U.S. history on Monday as Washington, D.C., faces a potential government shutdown over federal spending.
America’s gross national debt surpassed $33 trillion for the first time in U.S. history on Monday as Washington, D.C., faces a potential government shutdown over federal spending.
 
The potentially biggest event in our lifetimes occurred this week. No, it wasn’t the indictment of a former President of the United States by a politically motivated District Attorney.
The potentially biggest event in our lifetimes occurred this week. No, it wasn’t the indictment of a former President of the United States by a politically motivated District Attorney.
 
Speaker Kevin McCarthy’s role is “absolutely safe” despite some Republican pushback over his deal with President Joe Biden over the debt ceiling, according to Rep. Garret Graves (R-LA).
Speaker Kevin McCarthy’s role is “absolutely safe” despite some Republican pushback over his deal with President Joe Biden over the debt ceiling, according to Rep. Garret Graves (R-LA).
 
President Joe Biden signed a bill into law on Saturday to avoid a default on the federal government’s debt by raising the debt ceiling.
President Joe Biden signed a bill into law on Saturday to avoid a default on the federal government’s debt by raising the debt ceiling.
 
The Senate passed bipartisan legislation Thursday night that aims to avert a U.S. debt default.
The Senate passed bipartisan legislation Thursday night that aims to avert a U.S. debt default.
 
Two rating agencies placed the United States on a negative watch over recent negotiations to amend the debt ceiling between President Joe Biden and House Speaker Kevin McCarthy.
Two rating agencies placed the United States on a negative watch over recent negotiations to amend the debt ceiling between President Joe Biden and House Speaker Kevin McCarthy.
 
The difference between Republican governance and Democrat tax and spend
The difference between Republican governance and Democrat tax and spend
 
Republican and Democratic officials preparing to negotiate spending reductions have expressed an unmitigated refusal to involve Social Security in the conversation.
Republican and Democratic officials preparing to negotiate spending reductions have expressed an unmitigated refusal to involve Social Security in the conversation.
 
Rep. Alexandria Ocasio-Cortez (D-NY) claimed that the tax cuts passed under former President Donald Trump have been the “largest contributor” to federal budget deficits over the past few years rather than the spending agenda enacted by President Joe Biden.
Rep. Alexandria Ocasio-Cortez (D-NY) claimed that the tax cuts passed under former President Donald Trump have been the “largest contributor” to federal budget deficits over the past few years rather than the spending agenda enacted by President Joe Biden.
 
Treasury Secretary Janet Yellen told members of Congress that she has launched “extraordinary measures” to fund the federal government after the debt ceiling was surpassed.
Treasury Secretary Janet Yellen told members of Congress that she has launched “extraordinary measures” to fund the federal government after the debt ceiling was surpassed.
 
The federal government’s budget is in such disarray that balancing the books would require a 30% spending cut or a 40% increase in taxes, a recent study found.
The federal government’s budget is in such disarray that balancing the books would require a 30% spending cut or a 40% increase in taxes, a recent study found.
 
North Carolinians will have reason to celebrate on January 1, 2023 as they see more money in their paychecks.
North Carolinians will have reason to celebrate on January 1, 2023 as they see more money in their paychecks.
 
Twitter users fact-checked a White House post about the Biden administration’s purportedly hawkish fiscal behavior.
Twitter users fact-checked a White House post about the Biden administration’s purportedly hawkish fiscal behavior.
 
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that Republicans have an addiction to government spending nearly as severe as their Democratic colleagues.
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that Republicans have an addiction to government spending nearly as severe as their Democratic colleagues.
 
President Joe Biden responded to another report showing elevated inflation by arguing that his administration has made “progress” on combating high price levels.
President Joe Biden responded to another report showing elevated inflation by arguing that his administration has made “progress” on combating high price levels.
 
The Job Creators Network Foundation’s Legal Action Fund filed a lawsuit against the Biden administration on Monday for its policy to cancel $10,000 in student debt for millions of borrowers.
The Job Creators Network Foundation’s Legal Action Fund filed a lawsuit against the Biden administration on Monday for its policy to cancel $10,000 in student debt for millions of borrowers.
 
The United States national debt surpassed $31 trillion for the first time in history, according to data from the Treasury Department released on Monday.
The United States national debt surpassed $31 trillion for the first time in history, according to data from the Treasury Department released on Monday.
 
Anyone paying attention knows that corporate media “fact-checks” are biased. Their agenda is to provide cover for progressives and attack conservatives.
Anyone paying attention knows that corporate media “fact-checks” are biased. Their agenda is to provide cover for progressives and attack conservatives.
 
Locked-in tuition rates and declining federal largesse will mean less spending flexibility.
Locked-in tuition rates and declining federal largesse will mean less spending flexibility.
 
The U.S. House and Senate voted along party lines to pass the latest tax and spend bill, “The Inflation Reduction Act of 2022,” (IRA) sending it to President Biden’s desk. Yesterday, with Biden’s signature, the bill became law.
The U.S. House and Senate voted along party lines to pass the latest tax and spend bill, “The Inflation Reduction Act of 2022,” (IRA) sending it to President Biden’s desk. Yesterday, with Biden’s signature, the bill became law.
 
Inflation is at 9.1%, the economy is in a recession, and after a year of back and forth, Senators Joe Manchin (D-WV) and Chuck Schumer (D-NY) agreed to a massive tax and spending bill.
Inflation is at 9.1%, the economy is in a recession, and after a year of back and forth, Senators Joe Manchin (D-WV) and Chuck Schumer (D-NY) agreed to a massive tax and spending bill.
 
Senate Leader Commends Steinburg as “Tireless Advocate for His District” Who Improved Prison Safety
Senate Leader Commends Steinburg as “Tireless Advocate for His District” Who Improved Prison Safety
 
With the Biden administration leading the way, progressives have for months been desperately trying to shift blame for rising inflation.
With the Biden administration leading the way, progressives have for months been desperately trying to shift blame for rising inflation.
 
Bill Moore argues that we should stick with the GOP
Bill Moore argues that we should stick with the GOP
 
As of November, North Carolina’s state government has some $4 billion in unreserved cash in its General Fund, plus well north of $1 billion in its rainy-day account and other reserves.
As of November, North Carolina’s state government has some $4 billion in unreserved cash in its General Fund, plus well north of $1 billion in its rainy-day account and other reserves.
 
The importance of college football to university education is vastly overrated.
 
North Carolina’s state government began its 2020-21 fiscal year with $1.5 billion in cash left over from last year plus another $1.8 billion in rainy-day funds and other earmarked reserves.
North Carolina’s state government began its 2020-21 fiscal year with $1.5 billion in cash left over from last year plus another $1.8 billion in rainy-day funds and other earmarked reserves.
 
The furor over COVID-19 will fade. Eventually.
 
Thanks to a decade of wise, conservative fiscal policy, North Carolina state government is better positioned financially to weather the economic fallout from the coronavirus shutdown.
Thanks to a decade of wise, conservative fiscal policy, North Carolina state government is better positioned financially to weather the economic fallout from the coronavirus shutdown.
 
Despite the coronavirus crisis that spurred lockdowns on business across the United States, April was the best month for the stock market since January 1987 and the best April since 1938.
Despite the coronavirus crisis that spurred lockdowns on business across the United States, April was the best month for the stock market since January 1987 and the best April since 1938.
 
Each week, staff at Carolina Journal looks back at the week in N.C. politics and chooses what we think are some interesting, relevant stories you may have missed.
Each week, staff at Carolina Journal looks back at the week in N.C. politics and chooses what we think are some interesting, relevant stories you may have missed.
 
Progressives and conservatives argue about economic policy all the time. At government’s current size and scope, would it better promote long-term growth to raise taxes and spend more or to lower taxes and spend less?
Progressives and conservatives argue about economic policy all the time. At government’s current size and scope, would it better promote long-term growth to raise taxes and spend more or to lower taxes and spend less?
 
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