Trump’s tax legislation increases deficit by $3.4 trillion and causes 10 million to lose health insurance, according to the CBO
Trump’s New Law Expected to Impact Health Insurance and Federal Spending WASHINGTON – The recently enacted “One Big Beautiful Bill Act” is projected to increase the deficit by $3.394 trillion over the coming decade, potentially causing 10 million individuals to lose their health insurance coverage. This assessment follows the near-unanimous approval of the law by […]
Business Giants, Foreign Countries Have Already Committed To Pouring Over $1 Trillion Into US Since Trump’s Return
Since President Donald Trump took office on January 20th, numerous large corporations and foreign companies have pledged to pour billions into the United States. Since Trump returned to his oval office, some foreign countries have already announced plans to invest heavily in the US, along with Apple, Eli Lilly and Taiwan Semiconductor Manufacturing Company (TSMC), […]
Scott Bessent Breaks Down How Tariffs Could Bring In $2.5 Trillion, Promises Minimal Impact On Consumers
Treasury Secretary Scott Becent detailed President Donald Trump’s economic strategy on Fox News on Tuesday, breaking down what he said, and consumption of potential financial benefits and global tariffs The impact on those affected was minimized. Between exterior In a “special report with Bret Baier,” Bessent said that leveraging tariffs could fundamentally change the economic […]
Pentagon’s Trillion Dollar Fighter Jet Program Hasn’t Had Mission-Ready Plane In Six Years, Watchdog Says
The Pentagon’s flagship F-35 fighter jet program has been below mission-capable standards for six years, a government watchdog agency said Monday. The F-35 often costs close to $100 million apiece, and the Pentagon expects to spend about $2 trillion on the F-35. program For decades to come. But despite being one of the Pentagon’s most […]
Biden-Harris Admin On Track To Oversee Massive $1 Trillion In Improper Payments, Watchdog Group Finds
If current trends continue, the Biden-Harris administration will have made more than $1 trillion in improper payments by the time President Joe Biden leaves office, according to a report released Thursday by the watchdog group Open the Books. An improper payment is when “the government spends money on the wrong people, in the wrong amounts, […]
$2.1 Trillion ‘Hidden Tax’: Cost Of Federal Regulations Hit Record High In 2023, Report Says
Federal regulations will add a record $2.1 trillion in costs to the average American by 2023, according to a study released Tuesday by the Competitive Enterprise Institute (CEI). This huge figure takes into account the impact of federal regulations and compliance costs, amounting to a “hidden tax” of $15,788 per U.S. household, according to CEI's […]
FACT CHECK: Did AOC Say The US Should Print $34 Trillion To Pay National Debt?
post shared on social media New York Democratic Representative Alexandria Ocasio-Cortez reportedly argued that the U.S. government should print money to pay off the national debt. President Joe Biden's administration is considering supplying Ukraine with long-range missiles. NBC News report. U.S. officials have made it clear that the White House may provide these weapons to […]
FACT CHECK: Did A Pentagon ‘Accounting Error’ Allow An Extra $6.2 Trillion In Military Aid To Ukraine?
video shared on Facebook It claims that a Pentagon “accounting error” allowed an additional $6.2 trillion in military aid to Ukraine. Verdict: Misleading $6.2 billion instead of $6.2 trillion. Fact check: Ukrainian President Volodymyr Zelensky said in a recent interview that the Ukrainian offensive is proceeding “slowly”. BBC news.Western officials said CNN The Ukrainian offensive […]
SAVICKAS: We Spent $1 Trillion On ‘Infrastructure.’ All We Have To Show For It Is A Highway Collapse
One of June’s most memorable photos is the sheer one. devastation The cause was a tanker truck fire on Interstate 95 (I-95) in Philadelphia. The fire destroyed the northbound side of a bridge on Interstate 95 near Philadelphia, rendering the southbound side incomplete and unsuitable for handling traffic. Officials are scrambling to estimate costs and […]