Buried in the newly passed $1.2 trillion federal spending package are millions of dollars for woke causes, including groups that host drag shows and provide teens seeking to change their sex with gender-affirming hormones and underwear. Conservatives flagged a bevy of earmarks for pet congressional causes in the 1,012-page minibus that cleared the Senate Saturday, […]
One economist recently warned of the connection between increased government spending and increased personal debt among American citizens. With a new, bloated federal budget coming from Congress, this is indeed a sobering warning. Heritage Foundation research fellow and public finance economist EJ Antoni highlighted how damaging government spending of […]
During a House Budget Committee hearing Thursday, Maryland Democratic Rep. David Trone dropped a racially offensive term. The incident occurred when Mr. Trone was engaging with Shalanda Young, the director of the Office of Management and Budget, who was providing testimony to the committee. “So this Republican jigaboo that it’s the tax rate that’s stopping […]
Full disclosure: This writer deplores the board game “Monopoly.” It’s boring, takes forever, and I never win (yeah, yeah, skill issue). That being said, objectively speaking, it is inarguably one of the most popular and enduring board games in existence. The game, whose lineage can be traced back to 1903 and “The Landlord’s Game,” has […]
FRANKFORT, Ky. — Kentucky Senate Republicans revealed their version of the state’s next two-year budget Wednesday, proposing more funding for the main K-12 school funding formula and doubling the amount of performance-based funding that goes to public universities. The spending blueprint won Senate passage later in the day, hours after it cleared a Senate committee. […]
BEIJING — China on Tuesday announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring the rise of the last year. Tensions with the U.S., Taiwan, Japan and neighbors who share claims to the crucial South China Sea are […]
The state that wants to set aside tens of billions of dollars for slavery reparations can’t get its default budget under control. The prospect of a budget shortfall in the Golden State is certainly nothing new. Despite levying some of the highest taxes in the nation and being home to some of the most productive, […]
President Joe Biden, Senate Majority Leader Chuck Schumer and a handful of left-leaning Republicans (led by Utah Sen. Mitt Romney, of course) have just agreed to a near $100 billion foreign aid bill for Israel and Ukraine. Is the spending addiction so severe that there is NOTHING […]
It’s not just the state of California that is facing a big budget deficit. San Francisco’s own projected deficit keeps growing. Just last month, Mayor London Breen announced she was looking for a 10% budget cut to deal with a projected deficit of $800 million. City budget officials have projected a deficit of $800 million […]
In May 2023, when then-Speaker of the House Kevin McCarthy negotiated a debt limit deal that included spending limits, the gross national debt stood at just under $31.5 trillion. Conservatives in the House were deeply upset about the debt deal, which contained fraudulent gimmicks to get around the announced spending limits. Less than eight months […]
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