Feds Run Biggest Half-Year Budget Deficit Ever
The Biden administration has continued the government spending spree of the Trump administration started and has even managed to speed it up. Never before has the federal government run a budget deficit this big through the first six months of a fiscal year. The U.S....
Budget Deficit for Fiscal 2021 Already Over $1 Trillion
Just five months into fiscal 2021, the U.S.government has already run a budget deficit of over $1 trillion. And in a year of massive deficits, the U.S. federal government charted its biggest monthly shortfall of fiscal year 2021 in February. According to theย Monthly...
Stimulus 3.0: Who’s Getting Paid and Who’s Paying Up?
On Wednesday, theย U.S. House gave final approval to coronavirus stimulus bill 3.0. For those keeping score at home, that brings total stimulus spending approved during the pandemic to $5 trillion. So, what exactly is all of this money going to be spent on? And who is...