The Supreme Court ruled Friday that President Donald Trump’s extensive use of tariffs during his first year back in office were illegal. The court responded to escalating protests…
Read more The ‘alternative scenario’ of an even bigger national debt disaster is in play after the Supreme Court ruled Trump’s tariffs illegal | FortuneThe Sacramento City Unified School District’s board of education approved motions involving workforce cuts that could impact 423 positions.The two resolutions impacting preschool and classified positions come as…
Read more More than 400 Sacramento City Unified preschool, classified positions could be laid offSacramento City Unified School District leaders are pushing to find solutions to close a budget deficit in the tens of millions of dollars and, in turn, avoid a…
Read more Sacramento City Unified leaders seek solutions to close budget deficit, avoid state takeoverThe Sacramento City Unified School District is facing a $43 million budget deficit, leading to a spending freeze starting Oct. 1.Administrators said the freeze is necessary to cover…
Read more Sacramento City Unified School District faces unexpected $43 million deficitPresident Donald Trump’s trade war suffered a severe blow late Friday, when a federal appeals court stuck down most of his so-called reciprocal tariffs against global trading partners.…
Read more Trump’s reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at riskWith U.S. debt now at $35.3 trillion, the cost of paying the interest on all that borrowing has soared recently and now averages out to $3 billion a…
Read more U.S. debt is so massive, interest costs alone are now $3 billion a dayLast week, presidential candidate Robert F. Kennedy Jr. asked me to moderate what he called “The Real Debate.” Kennedy was angry with CNN because it wouldn’t let him…
Read more Biden, Trump, and RFK Jr. are all anti-freedomIndebted countries are vulnerable to a precipitous loss of confidence even though that risk is barely acknowledged in bond markets, the Bank for International Settlements warned. The Basel-based…
Read more Heavily indebted countries can look just fine until suddenly they don’t, finance watchdog warns—’That is how markets work’Higher levels of immigration are boosting America’s economy and will reduce the deficit by about $1 trillion over the next decade. In its semi-annual forecast of the country’s…
Read more Surging immigration will reduce deficits by $1 trillionHere’s how fast the federal government is borrowing piles of money: when the national debt hit $33 trillion in mid-September, the current National Football League (NFL) season was…
Read more America borrowed $1 trillion since the start of football seasonSome policy experts who, over the last few decades, saw little need for serious fiscal austerity because the government could borrow at low interest rates are now changing…
Read more Spending Recklessly in Good Times Is a Recipe for Disaster in Bad TimesEntitlement reform has long been considered a third rail of American politics, even as the insolvency of Social Security and Medicare creeps closer. That perception might need some…
Read more 87% of Americans want politicians to do something before Social Security runs out of moneyPresident Joe Biden’s upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, the White House said Wednesday. That deficit reduction goal is…
Read more Biden budget aims to cut deficits nearly $3T over 10 years | Long Island Business NewsSACRAMENTO, Calif. (AP) — California will likely have a $25 billion budget deficit next year, state officials announced Wednesday, ending a run of historic surpluses and acting as…
Read more California Likely To Have $25 Billion Budget Deficit, Report Says
