President Biden has passed 99 executive orders since becoming president and a federal budget expert has estimated that the cost to taxpayers will be upwards of $1.5 trillion, with his recent student loan forgiveness accounting for a huge portion of that amount.
The federal government collected a record $4,104,725,000,000 in total taxes in the first ten months of fiscal 2022 (October through July), according to the Monthly Treasury Statement.
The Inflation Reduction Act of 2022 would increase taxes on nearly every American despite claims made by President Biden.
The White House said Monday that Republicans are wrong to claim that Democratic legislation would increase taxes for those earning less than $400,000 annually.
Israel’s security cabinet on Sunday voted to withhold almost $180 million from tax revenue that the country collects on behalf of the Palestinian Authority (PA), to offset funds paid to families of Palestinian terrorists.
The US federal government collected a record $3,835,390,000,000 in total taxes in the first nine months of this fiscal year, the new Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS) reports. The Fiscal Year-to-Date (FYTD) budget deficit through June was $515 billion, a $1.723 trillion (-77%) decrease from the same period last year.
The G20 Finance Summit in Indonesia ended yesterday without a final joint communique, as intense divisions over Russia’s invasion of Ukraine prevailed among leaders of the world’s twenty richest countries, the Associated Press (AP) reports. Aside from the Russian invasion issue, the finance ministers in attendance at the summit did agree on the need to address global challenges such as decades-long high inflation and food insecurity.
Tense protests continued in Hungary’s capital till the early hours of Thursday after the government announced “an energy emergency” and effectively raised taxes for hundreds of thousands of small entrepreneurs as the nation’s currency plunged to record lows while inflation reached the highest levels in decades.
Gunmen abducted a Christian father and his teenage daughter from one of Africa’s largest housing estates in Nigeria’s capital Abuja, their neighbor told Worthy News Sunday.
The federal government collected a record $3,374,629,000,000 in total taxes in the first eight months of fiscal 2022 (October through May), according to the Monthly Treasury Statement.
Three U.S. Air Force Academy cadets who declined COVID-19 vaccinations citing their Christian faith won’t be commissioned as military officers but will be awarded their degrees, officials said.
The World Health Organization (WHO) is preparing a global pact that critics fear will give it absolute power over global biosecurity.
Sixteen Republican attorneys general, led by Montana Attorney General Austin Knudsen, have called on President Joe Biden to reinstate the permit for the Keystone XL pipeline after learning that his administration wants to increase oil imports from Canada.
A U.S. judge in Florida said on Monday that a mask mandate on public transportation is unlawful, overturning a Biden administration effort to reduce the spread of COVID-19.
Sri Lanka has urged its citizens overseas to send home money after announcing a default on its $51 billion foreign debt amid anti-government protests.
The federal government collected a record $2,121,987,000,000 in total taxes through the first six months of fiscal 2022 (October through March), according to the Monthly Treasury Statement.
A judge has ruled that California’s mandate for corporate boards to diversify with members from certain racial, ethnic or LGBT groups violates the constitution.
High-ranking delegates have discussed setting up a new world order during the World Government Summit in Dubai, part of the United Arab Emirates.
President Biden released a proposed budget Monday that, for the second straight year, omits bipartisan language prohibiting taxpayer funding of abortion.
President Joe Biden’s budget proposal, which the president released today, calls for the federal government to collect a record $4,638,000,000,000 in taxes in fiscal 2023.