HISTORICAL FACTS: 13 - The Untold Story

Budget Deficit Hit $1.8 Trillion After Huge Increase in Borrowing Costs

Spending increased by 10 percent last year, while tax revenue increased by 11 percent. Interest payments on the debt shot up by 34 percent.

Reason · Oct 9, 2024

Harris announces plan for Medicare to cover long-term care at home

Policy proposal would represent significant expansion of public health insurance program for Americans above 65

The Guardian - US · Oct 8, 2024

CBO: Fiscal 2024 budget deficit was $1.8 trillion - Roll Call

The federal deficit clocked in at $1.8 trillion for fiscal 2024, according to the Congressional Budget Office.

Roll Call · Oct 8, 2024

For Harris and Trump, runaway US debt is the elephant in the room

Both presidential candidates have unveiled costly proposals that would greatly add to the ballooning national debt.

Al Jazeera · Sep 24, 2024

'Persistent thief' banned from City of London after punching security guard and spitting at officer

Mohamad Ahmadpour punched a security guard and spat at an enforcement officer

Evening Standard · Aug 20, 2024

Congressional Budget Office Estimates Recent Increase in Immigration will Reduce the Budget Deficit

A new CBO report concludes it will save the federal government almost $1 trillion over the next ten years.

Reason · Jul 24, 2024

The easing of the labor market can be largely attributed to immigration spike, study finds

A study by the Federal Reserve Bank of San Francisco attributes one-fifth of the recent trend to higher immigration

Latin Times · Jul 20, 2024

How much of the federal budget is mandatory spending?

In fiscal year 2023, around 60% of federal spending was mandatory spending.

USAFacts · Jul 18, 2024

Larry Fink says America's $35 trillion national debt will be a 'big burden on the backs of our children' unless the private sector is given room to grow

"This is unheard of, it's at an unsustainable level, yet we have the most dynamic, capitalistic system in the world."

Fortune · Jul 16, 2024

Why Did Americans Stop Caring About the National Debt?

Both parties—and the voters—are to blame for the national debt fiasco.

Reason · Jul 13, 2024