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35 Results found for deficit

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Deficit spending leads to higher costs for nearly everything.
Deficit spending leads to higher costs for nearly everything.
 
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.
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.
 
goes against legacy of Congressman Walter Jones
 
Higher spending and lower revenue intake produced a $1.1 trillion budget deficit in the first six months of fiscal year 2023, according to a report released Monday by the Congressional Budget Office.
Higher spending and lower revenue intake produced a $1.1 trillion budget deficit in the first six months of fiscal year 2023, according to a report released Monday by the Congressional Budget Office.
 
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.
 
California is projected to have a deficit after holding onto a budget surplus for the past several years.
California is projected to have a deficit after holding onto a budget surplus for the past several years.
 
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.
 
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.
 
If you haven't noticed, the current Federal government has managed to confine you in an almost escape proof box.

The Box

 
If you haven't noticed, the current Federal government has managed to confine you in an almost escape proof box.
 
It will also more than DOUBLE the IRS staff to sic auditors on middle class
It will also more than DOUBLE the IRS staff to sic auditors on middle class
 
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.
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.
 
In late March, I wrote about how North Carolina state government is likely better financially prepared than most states for the coronavirus shutdown, and certainly more prepared than it was prior to the Great Recession.
In late March, I wrote about how North Carolina state government is likely better financially prepared than most states for the coronavirus shutdown, and certainly more prepared than it was prior to the Great Recession.
 
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.
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.
 
The New York Post reports this week that the state of New York is facing a massive budget hole of roughly $6 billion.
The New York Post reports this week that the state of New York is facing a massive budget hole of roughly $6 billion.
 
When is it acceptable for a Republican president to openly brag about liking taxes?
When is it acceptable for a Republican president to openly brag about liking taxes?
 
There is a simple equation that every first-semester student in macroeconomics learns. It is the equation for measuring gross domestic product or GDP. GDP is used to measure the size of state and national economies
There is a simple equation that every first-semester student in macroeconomics learns. It is the equation for measuring gross domestic product or GDP. GDP is used to measure the size of state and national economies
 
While the federal government's deficit and debt grow, it seems families and state governments have become better savers during the current recovery
While the federal government's deficit and debt grow, it seems families and state governments have become better savers during the current recovery
 
Right after the 2016 elections, I observed that the combination of Donald Trump’s rise and continuing GOP strength across the landscape of American politics had yielded three distinct Republican parties: a populist and personality-driven White House party
Right after the 2016 elections, I observed that the combination of Donald Trump’s rise and continuing GOP strength across the landscape of American politics had yielded three distinct Republican parties: a populist and personality-driven White House party
 
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
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
 
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
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
 
Today, Congressman Walter B. Jones (NC-3) continued his fight against wasteful government spending and voted against H. Con. Res. 71, legislation establishing the congressional budget for fiscal year 2018
Today, Congressman Walter B. Jones (NC-3) continued his fight against wasteful government spending and voted against H. Con. Res. 71, legislation establishing the congressional budget for fiscal year 2018
 
“Blessed are the young, for they will inherit the National Debt”. Herbert Hoover
“Blessed are the young, for they will inherit the National Debt”. Herbert Hoover
 
One of the great myths bought into by much of the general public, politicians, and media pundits is that trade deficits are bad for the economy
One of the great myths bought into by much of the general public, politicians, and media pundits is that trade deficits are bad for the economy
 
Today, Congressmen Walter B. Jones (R-NC) voted against S. Con. Res. 3, the largest budget ever passed in United States history
Today, Congressmen Walter B. Jones (R-NC) voted against S. Con. Res. 3, the largest budget ever passed in United States history
 
Politicians make promises. It's what they do. Candidates often promise bold and grandiose actions to get your vote and win their elections. Some sound appealing, but are they realistic and attainable?
Politicians make promises. It's what they do. Candidates often promise bold and grandiose actions to get your vote and win their elections. Some sound appealing, but are they realistic and attainable?
 
The cliché is that conservatives are stuck in the past, but the truth is that our ideas provide the best way to move into an increasingly turbulent future.
The cliché is that conservatives are stuck in the past, but the truth is that our ideas provide the best way to move into an increasingly turbulent future.
 
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...
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...
 
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.
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.
 
Will North Carolina ever reform Medicaid? After more than two years, we aren't much closer to reform solutions today than we were a year ago.
Will North Carolina ever reform Medicaid? After more than two years, we aren't much closer to reform solutions today than we were a year ago.
 
In response to four years of massive federal deficits, tax cuts scheduled to expire this month, and lackluster economic growth.
In response to four years of massive federal deficits, tax cuts scheduled to expire this month, and lackluster economic growth.
 
The Congressional Super Committee, consisting of six Democrats, six Republicans from both the United States house and Senate is on the brink of failure.
The Congressional Super Committee, consisting of six Democrats, six Republicans from both the United States house and Senate is on the brink of failure.
 
Imagine you own a business that has multiple locations but with basically the same demographics of employees at each of the six locations.
Imagine you own a business that has multiple locations but with basically the same demographics of employees at each of the six locations.
 
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