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The House GOP plan to offset $14.3 billion in aid for Israel by slashing the same amount of funds meant for the Internal Revenue Service (IRS) would add to the federal deficit, according to a new analysis.
Published: Friday, November 17th, 2023 @ 1:00 pm
By: Daily Wire
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The White House intends to cut the federal budget deficit by a total of $3 trillion over the next decade, a reduction that falls short of the $20 trillion in cuts required to balance the budget.
Published: Thursday, March 16th, 2023 @ 12:28 pm
By: Daily Wire
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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.
Published: Monday, February 6th, 2023 @ 12:53 pm
By: Daily Wire
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Willis Krumholz argues in a Federalist column that huge federal deficits “kill blue-collar America.” The federal government’s response to COVID-19 hasn’t helped.
Published: Wednesday, May 13th, 2020 @ 9:30 am
By: John Locke Foundation
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The Federal government spent a record amount of money in the first quarter of fiscal year 2020 — last October through December — and chalked up a record spending deficit, leaving American taxpayers on the hook for more goods and services than ever before.
Published: Thursday, January 16th, 2020 @ 10:47 pm
By: Daily Wire
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While the federal government's deficit and debt grow, it seems families and state governments have become better savers during the current recovery
Published: Monday, September 3rd, 2018 @ 8:01 pm
By: John Locke Foundation
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The draft budget completely demolishes any notion of fiscal responsibility. The budget amounts to $4.4 trillion. It's an Obama-level budget. And it guarantees a deficit of $832 billion in 2018, $984 billion in 2019, $987 billion in 2020, $916 billion in 2021, $908 billion in 2022, and $778 billion
Published: Friday, February 23rd, 2018 @ 1:10 am
By: Daily Wire
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Fiscal conservatives continue to haunt the darkened hallways of American politics, every so often materializing to shout "BOO!" at the party in power, only to recede into the shadows as soon as they are called upon to actually govern
Published: Friday, February 9th, 2018 @ 9:14 pm
By: Daily Wire
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Today, Congressman Walter B. Jones (NC-3) commented on a new report from the Congressional Budget Office (CBO) which estimates that the federal deficit will climb to $544 billion this year, up $105 billion over last year’s deficit.
Published: Wednesday, January 20th, 2016 @ 6:08 am
By: Stan Deatherage
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Today, the House followed the Senate by passing The Restoring Americans’ Healthcare Freedom Reconciliation Act, which would repeal ObamaCare and cut the federal deficit by half a trillion dollars over the next decade according to the Congressional Budget Office
Published: Wednesday, January 13th, 2016 @ 1:47 am
By: Thom Tillis
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The federal government spends more money each year than it collects in taxes and other revenue. That means annual spending deficits. Each deficit drives up the federal debt. Nick Dranias, president and executive director of the Compact for America Educational Foundation, has an interesting idea...
Published: Wednesday, May 27th, 2015 @ 10:30 am
By: John Locke Foundation
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The federal government spends more money each year than it collects in taxes and other revenue. That means annual spending deficits. Each deficit drives up the federal debt. Nick Dranias, president and executive director of the Compact for America Educational Foundation, has an interesting idea for
Published: Monday, May 25th, 2015 @ 7:12 pm
By: John Locke Foundation
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The United States economy expanded at .2% for the first quarter, 2015, which is better than zero expansion in GDP (Gross Domestic Product), which is better than negative expansion, but not an economy that anyone should be proud of; certainly not the Obama Administration.
Published: Friday, May 8th, 2015 @ 1:35 am
By: Stan Deatherage
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During the 1970s and 1980s, America saw a growing federal deficit that caused states to react. North Carolina rewrote its constitution in 1971, and as part of that constitution the state is required to pass a 'balanced budget.' More specifically, the state's total expenditures cannot exceed its...
Published: Friday, January 30th, 2015 @ 8:28 am
By: John Locke Foundation
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In response to four years of massive federal deficits, tax cuts scheduled to expire this month, and lackluster economic growth.
Published: Saturday, January 12th, 2013 @ 6:08 pm
By: John Locke Foundation
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