On the same day the federal government announced more than 6.6 million Americans filed unemployment claims, President Donald Trump said a program to help businesses continue to pay workers launches Friday.
Idaho has legislated that women’s sports are for females only and that trans-gender identifying persons may not alter the sex-marker on their birth-certificates. The first in the US to set down such measures, Idaho Governor Brad Little signed the “Fairness in Women’s Sports Act” and the “Vital Statistics Act” into law on March 30.
Many provisions in the failed Senate bill touted as an essential aid to help those on the front lines battling the coronavirus includes a litany of pork barrel spending that is totally unrelated to emergency relief for the virus, critics contend.
Saying that ‘in a sense’ he is ‘a wartime president,’ President Donald Trump wants Congress to approve $500 billion in new spending to send money directly to American households reeling from the ongoing coronavirus pandemic.
The federal government set records for both the amount of taxes it collected and the amount of money it spent in the first five months of fiscal 2020 (October through February), according to data released today in the Monthly Treasury Statement.
Nonfarm payrolls increased by 273,000 in February, surpassing economists’ 175,000 estimate. Unemployment also slightly dropped to 3.5 percent, matching its lowest level in more than 50 years, according to the latest report by the U.S. Department of Labor.
U.S. stocks rallied at opening Tuesday, recouping some of Monday’s losses after President Trump floated a payroll tax holiday to stimulate economic growth against the coronavirus.
The economy took another battering from the consumption tax increase in the last quarter, contracting by the most in more than five years and fueling recession concerns as the widening coronavirus outbreak hits activity.
The US budget deficit swelled at the beginning of 2020 even as the economy continued to grow at a steady pace.
President Donald Trump’s $4.8 trillion budget proposal presented to Congress today boosts funds for the military and veterans and implements mandatory reforms for all agencies in an attempt to cut the deficit by $4.6 trillion over the next decade.
The U.S. trade deficit fell for the first time in six years in 2019 as President Donald Trump hammered China with import taxes.
The latest Congressional Budget Office (CBO) report projects that the federal debt will grow to 98 percent of GDP by 2030, with the economy expanding at an average annual rate of 1.7 percent from 2021 to 2030.
The coranavirus has killed 80 people so far in China, where Wuhan, the city at the center of the outbreak, and 16 surrounding cities have been put under quarantine conditions to prevent its spread.
The U.S. Supreme Court will hear arguments in a Montana school choice case that could directly impact 37 state constitutions banning public funds from being used on religious schools.
Montana was giving tax breaks to those who donated to scholarships helping Montana students attend private schools. But when it realized most of those scholarships were going to children at religious schools, Montana stopped that from happening. Parents went to court saying that was blatant discrimination. It’s a case that ended up before the nation’s highest court this week.
President Vladimir Putin on Thursday fast-tracked work on constitutional changes that could keep him in power well past the end of his term in 2024 while lawmakers quickly sealed his choice for new prime minister.
For most major news organizations, accuracy often takes a back seat to ideology, which is why groups such as the Associated Press are mischaracterizing Tennessee’s new religious liberty bill as ‘anti-gay.’
A federal judge on Tuesday stayed House Democrats’ lawsuit over their efforts to obtain President Trump’s tax returns from the IRS until a court decision is issued in a separate case.
The federal government spent a record $1,163,090,000,000 in the first three months of fiscal 2020 (October through December), according to the Monthly Treasury Statement released Monday afternoon.
The U.S. budget deficit through the first three months of this budget year is up 11.8 percent from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years.