In a Thursday interview with CNN, President Joe Biden was once again claiming that he has reduced the deficit. Quick fact check: That claim is utterly false. While arguing for increasing taxes on wealthy Americans, Biden said, “We could further reduce the deficit, which I have been able to reduce.” In 2022 and 2023, Biden […]
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, […]
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 […]
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