The amount is lower than what they estimated in March. The Office of Management and Budget said the federal deficit will decline by $1.7 trillion this year, representing…
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Senator Braun Submits Budget Plan with 10-Year Balance
Tax cuts and military spending are retained. Senator Mike Braun introduced a plan Tuesday to bring the federal budget into balance over 10 years. The Indiana businessman is…
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President Announces Airport Terminal Upgrade Funding
Money comes from the 2021 infrastructure law. The White House announced that President Biden’s administration will grant nearly $1 billion to 85 airports across the country to improve…
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CBO Concerned About Increasing Deficit
Presidential executive actions are contributing to the problem. A letter from the Congressional Budget Office (CBO) in response to an inquiry by a congressman from Missouri confirms that…
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Littoral Combat Ships Saved from Scrapyard
Representative Granger strikes deal in defense spending bill. Last week, Representative Kay Granger of Texas struck a deal in the fiscal year 2023 defense bill to save five…
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U.S. Forest Service Admits Errors in New Mexico Burn
Fire has consumed more than 340,000 acres. The Hermits Peak Fire in New Mexico has been reviewed by the U.S. Forest Service which has determined that errors occurred…
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IRS To Clear 2021 Backlog This Week
Treasury secretary calls for additional funding as the service continues to struggle. The Internal Revenue Service (IRS) said on Tuesday that, by the end of this week, they…
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DHS Funds Preparedness Program
$1.6 billion allocated for eight preparedness grants. Secretary of Homeland Security Alejandro Mayorkas announced on Friday that his department has allocated $1.6 billion to eight preparedness grant programs.…
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President Comments on U.S. Economy
Promotes the American Jobs Plan. President Joe Biden spoke this week on the state of the U.S. economy and what his administration plans to do to address it.…
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Speaker Pelosi Announces Minimum Annual Pay in House
One in eight congressional staffers make less than $42K. Last week, House Speaker Nancy Pelosi announced that starting in September, the House of Representatives will be implementing minimum…
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