Rising Costs and Delays Challenge U.S. Nuclear Missile Modernization Efforts
The Pentagon's plan to upgrade the nation's land-based nuclear missiles faces a staggering cost increase, now projected at $141...
Congressional Budget Office
Budget Deficit Surges Amid Rising Interest Payments on National Debt
In July, the US budget deficit increased by 10% compared to last year, reaching $244 billion due to higher...
The Financial Toll of Unauthorized Immigration on Swing States
Immigration takes center stage in the 2024 presidential election as former President Donald Trump aims to leverage growing voter...
Trump Trade’s Return Impacts U.S. Government Bonds Amid Tax-Cut Expectations
As the possibility of a second Trump administration grows, U.S. government bonds are experiencing a steep selloff due to...
Inflation Impact on Households: Good News and Bad News for Different Income Groups
Inflation's impact on American households might not be as severe as it seems, according to a new report from...
U.S. Budget Deficit Shrinks in First 7 Months, but Expected to Widen
Lead: The federal budget deficit is shrinking, but experts warn it may still surpass last year's total. Who: The...
The Impact of Undocumented Immigrants on Jobs Data
A recent report from the Congressional Budget Office is causing economists to reevaluate the impact of immigration on the...
U.S. Budget Deficit Expected to Shrink in 2024, But Long-Term Concerns Remain
The U.S. budget deficit is projected to be slightly smaller this year at $1.6 trillion compared to $1.7 trillion...
House Republicans Advance $17.6 Billion Military Aid Package for Israel, Excluding Ukraine
House Republicans are moving forward with a $17.6 billion package to provide military aid to Israel and replenish U.S....
House Republicans Question Biden Administration’s Handling of Student-Loan Program
House Republicans are questioning the Biden administration's handling of the student-loan program after an auditor raised concerns about the...