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Feds are still slated for a 2% average pay raise in 2025 per House appropriations bill
Government Executive· 2 days agoLast spring, President Biden turned heads by releasing a fiscal 2025 budget proposal with a 2.0%...
US borrowed $1.2 trillion in past 8 months: CBO
The Hill via Yahoo Finance· 6 days agoThe federal government has borrowed roughly $1.2 trillion in the eight-month period ending in May, the Congressional Budget Office (CBO) estimated in a...
CBO: U.S. budget deficit at $1.7 trillion over past year
The Center Square· 4 days agoOn Monday alone, the national public debt grew by $37 billion. The national debt is separate from...
$3.4 trillion in individual tax cuts are expiring next year. Biden and Trump would handle it very...
CNN via Yahoo Finance· 3 days agoExtending the individual and estate tax provisions would add more than $3.4 trillion to the federal...
National Memo
The Raw Story· 19 hours agoNotably, Republicans released the bill without a score from the Congressional Budget Office (CBO), which would project the number of Americans who would ...
With apologies to all those drunken sailors...
Olean Times Herald· 6 days agoThe Biden budget deficit this fiscal year probably will exceed $1.6 trillion. “The deficits projected by the (Congressional Budget Office) were smaller...
Bill to reward pandemic fraud whistleblowers highlights claw back challenges
The Center Square· 3 days agoThe Congressional Budget Office estimated H.R. 7129 could bring in $123 million through new civil...
Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the...
KION 46 Salinas· 6 days agoThe “King of Debt” promised to reduce the national debt — then his tax cuts made it surge. One of...
Red Jahncke (opinion): There shouldn't be $103B budget surprises
Stamford Advocate· 6 days agoUncle Sam enjoyed unexpectedly robust net income tax receipts of $483 billion, amounting to a $103 billion or 27%, increase over April 2023, according to the Congressional Budget< ...
America’s Debt Is Both Sustainable and a Problem | by Barry Eichengreen - Project Syndicate
Project Syndicate· 5 days agoOne of the more amusing exercises on the economic calendar is the International Monetary Fund’s...