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328 Results found for fiscal policy

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The U.S. national debt rose to a staggering $34 trillion for the first time last week, just three months after it surpassed $33 trillion, according to data published by the Treasury Department.
The U.S. national debt rose to a staggering $34 trillion for the first time last week, just three months after it surpassed $33 trillion, according to data published by the Treasury Department.
 
The U.S. credit rating was given a negative outlook by Moody’s Investor Service in part due to the ballooning U.S. debt.
The U.S. credit rating was given a negative outlook by Moody’s Investor Service in part due to the ballooning U.S. debt.
 
Florida has ranked as the number one destination in the U.S. for state-to-state migration each of the last two years while California has come in dead last both years.
Florida has ranked as the number one destination in the U.S. for state-to-state migration each of the last two years while California has come in dead last both years.
 
The only member of the “Big Three” agencies that has not downgraded the U.S. credit rating from “AAA” status warned that another government shutdown would make the United States look weak compared to other top-rated nations.
The only member of the “Big Three” agencies that has not downgraded the U.S. credit rating from “AAA” status warned that another government shutdown would make the United States look weak compared to other top-rated nations.
 
Florida Governor Ron DeSantis unveiled his presidential economic policy agenda while on the campaign trail on Monday in New Hampshire.
Florida Governor Ron DeSantis unveiled his presidential economic policy agenda while on the campaign trail on Monday in New Hampshire.
 
The “Great Reset” is an effort led by the World Economic Forum to reshape the global economy
The “Great Reset” is an effort led by the World Economic Forum to reshape the global economy
 
The topic of free speech loomed large in a Twitter conversation on Monday featuring Robert F. Kennedy Jr., the scion of American political royalty, longtime liberal activist, and upstart Democratic presidential candidate.
The topic of free speech loomed large in a Twitter conversation on Monday featuring Robert F. Kennedy Jr., the scion of American political royalty, longtime liberal activist, and upstart Democratic presidential candidate.
 
A leading Treasury Department official refuses to admit President Joe Biden waited until the threat of a historic default became imminent to negotiate the debt ceiling.
A leading Treasury Department official refuses to admit President Joe Biden waited until the threat of a historic default became imminent to negotiate the debt ceiling.
 
The new proposed tax cut schedule would lower the personal income tax rate to 2.49% after 2026.
The new proposed tax cut schedule would lower the personal income tax rate to 2.49% after 2026.
 
Last Wednesday, North Carolina House leadership released a biennial budget proposal that over the next two years would, among other things, increase spending on public schools, raise average teacher pay by more than 10%, and expand school choice.
Last Wednesday, North Carolina House leadership released a biennial budget proposal that over the next two years would, among other things, increase spending on public schools, raise average teacher pay by more than 10%, and expand school choice.
 
One of Raleigh’s oldest banks is in the running to purchase the failed Silicon Valley Bank, also known as SVB.
One of Raleigh’s oldest banks is in the running to purchase the failed Silicon Valley Bank, also known as SVB.
 
On Wednesday, the North Carolina Senate introduced a creative solution to address critical workforce housing shortages for North Carolinians.
On Wednesday, the North Carolina Senate introduced a creative solution to address critical workforce housing shortages for North Carolinians.
 
Democrat Gov. Roy Cooper unveiled what he called his “First in Opportunity” budget at a press conference Wednesday, proposing to spend $32.95 billion in the first year of the biennium and $34.23 billion in the second year.
Democrat Gov. Roy Cooper unveiled what he called his “First in Opportunity” budget at a press conference Wednesday, proposing to spend $32.95 billion in the first year of the biennium and $34.23 billion in the second year.
 
At this time, the abbreviation 'NC' stands for 'no crisis.'” - State Treasurer Dale Folwell
At this time, the abbreviation 'NC' stands for 'no crisis.'” - State Treasurer Dale Folwell
 
Leaders in the North Carolina House and Senate announced an agreement on Wednesday, March 8, on a budget amount for the 2023-2024 fiscal year.
Leaders in the North Carolina House and Senate announced an agreement on Wednesday, March 8, on a budget amount for the 2023-2024 fiscal year.
 
The showdown over the future of the federal budget is taking shape as President Joe Biden releases his fiscal year 2024 spending proposal and House Republicans prepare to leverage their new majority to block the plan.
The showdown over the future of the federal budget is taking shape as President Joe Biden releases his fiscal year 2024 spending proposal and House Republicans prepare to leverage their new majority to block the plan.
 
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.
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.
 
“It is important to recognize that some of this growth in business formation is due to necessity entrepreneurship as more workers were displaced during the pandemic,” said Greg Brown
“It is important to recognize that some of this growth in business formation is due to necessity entrepreneurship as more workers were displaced during the pandemic,” said Greg Brown
 
North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
 
European Central Bank Executive Board Member Isabel Schnabel contended that monetary policy should be used to accelerate the “green transition” as Federal Reserve Chair Jerome Powell asserted the opposite.
European Central Bank Executive Board Member Isabel Schnabel contended that monetary policy should be used to accelerate the “green transition” as Federal Reserve Chair Jerome Powell asserted the opposite.
 
The 2022 General Election has come and gone. And while the oft-prophesied national “red wave” failed to materialize, North Carolina Republicans had a successful election season.
The 2022 General Election has come and gone. And while the oft-prophesied national “red wave” failed to materialize, North Carolina Republicans had a successful election season.
 
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 Carolina State Treasurer Dale Folwell is calling for the ouster of BlackRock CEO Larry Fink for pushing a left-wing political agenda.
North Carolina State Treasurer Dale Folwell is calling for the ouster of BlackRock CEO Larry Fink for pushing a left-wing political agenda.
 
Edgecombe County had the highest overall October unemployment rate at 7.5%
Edgecombe County had the highest overall October unemployment rate at 7.5%
 
North Carolina places 10th in the nation for its tax environment, according to new rankings from the Washington, D.C.-based Tax Foundation.
North Carolina places 10th in the nation for its tax environment, according to new rankings from the Washington, D.C.-based Tax Foundation.
 
Between increased spending and “profit” lies … what, exactly?
 
The International Monetary Fund (IMF) cautioned the British government on Tuesday as officials moved to cut taxes and regulations, arguing that the agenda will worsen inflationary pressures.
The International Monetary Fund (IMF) cautioned the British government on Tuesday as officials moved to cut taxes and regulations, arguing that the agenda will worsen inflationary pressures.
 
Year-over-year inflation remained elevated at 8.2% in September, according to new figures from the U.S. Bureau of Labor Statistics.
Year-over-year inflation remained elevated at 8.2% in September, according to new figures from the U.S. Bureau of Labor Statistics.
 
Sen. Bernie Sanders (I-VT) attempted to deflect blame away from Democrats for skyrocketing inflation on Sunday.
Sen. Bernie Sanders (I-VT) attempted to deflect blame away from Democrats for skyrocketing inflation on Sunday.
 
Fiscal discipline is missing from the battle against elevated inflation, according to a paper published by the Committee for a Responsible Federal Budget last week.
Fiscal discipline is missing from the battle against elevated inflation, according to a paper published by the Committee for a Responsible Federal Budget last week.
 
Another free-market think tank has ranked Democratic North Carolina Gov. Roy Cooper positively with regard to fiscal policy, with the Cato Institute’s new governor’s rankings putting Cooper 6th overall. Cooper was the only Democrat in the top 10 and received a “B” grade overall.
Another free-market think tank has ranked Democratic North Carolina Gov. Roy Cooper positively with regard to fiscal policy, with the Cato Institute’s new governor’s rankings putting Cooper 6th overall. Cooper was the only Democrat in the top 10 and received a “B” grade overall.
 
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 above question was posed recently by Cato Institute fiscal policy expert Chris Edwards.
The above question was posed recently by Cato Institute fiscal policy expert Chris Edwards.
 
Jared Bernstein, a member of the Council of Economic Advisers under President Joe Biden, on Monday claimed that the White House has successfully led the charge against inflation and cut the budget deficit.
Jared Bernstein, a member of the Council of Economic Advisers under President Joe Biden, on Monday claimed that the White House has successfully led the charge against inflation and cut the budget deficit.
 
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