The federal debt continues to climb to unprecedented levels, but the “actual, true” debt is higher if the Treasury weren’t being drained, a national economist says.
Citing Bureau of the Fiscal Service data, E. J. Antoni, Ph.D., an economist at the Heritage Foundation, argues that as the federal debt increases, the “true daily deficit” is being masked by the amount of cash being drained from the U.S. Treasury by Treasury Department Secretary Janet Yellen.
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Pending home sales in April fell 7.7%, according to the National Association of Realtors.
All four U.S. regions registered month-over-month and year-over-year declines.
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South Carolina Gov. Henry McMaster ceremonially signed a pair of “child safety” measures on Wednesday, including one mandating age verification on websites with sexually explicit content.
H. 3424, the Child Online Safety Act, mandates that sites with at least one-third of their content being “obscene material” enforce an age verification system starting Jan. 1, 2025. This would ostensibly bar users under 18 from accessing the site’s material.
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The Biden administration’s energy policies are increasingly costly for Americans, a newly released report says.
U.S. House Oversight Committee Chair Rep. James Comer, R-Ky., released the report, which argues Biden’s energy policies have increased costs for Americans and hurt the economy.
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The Biden administration’s energy policies are increasingly costly for Americans, a newly released report says.
U.S. House Oversight Committee Chair Rep. James Comer, R-Ky., released the report, which argues Biden’s energy policies have increased costs for Americans and hurt the economy.
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The increase of migrant workers during the last two years cooled an overheated labor market and slowed wage growth across industries and states, according to an analysis of government statistics.
“The influx of immigrant workers appears to have helped alleviate the severe staffing shortages in certain industries that were pervasive during the pandemic’s volatile period,” Elior Cohen, an economist with the Federal Reserve Bank of Kansas City, wrote in the organization’s Economic Bulletin. It serves Colorado, Kansas, western Missouri, Nebraska, northern New Mexico, Oklahoma and Wyoming.
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Venezuelan Tren de Aragua prison gang members are being arrested thousands of miles from the border after having illegally entered the U.S. in Texas.
The Venezuelan prison gang is well-known for orchestrating murders, bribery schemes and money laundering, drug and arms trafficking, and kidnappings for ransom money. In March, U.S. Sens. Marco Rubio and Maria Elvira Salazar, both Florida Republicans, called on the president to officially designate Tren de Aragua as a Transnational Criminal Organization.
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Texas Attorney General Ken Paxton sued three federal agencies Tuesday to “stop an unlawful attempt to redefine federal law through agency guidance” that mandates “gender identity” accommodation in the workplace.
Paxton sued the Equal Employment Opportunity Commission, the U.S. Department of Health and Human Services, U.S. Attorney General Merrick Garland and other federal officials to block April 29 EEOC guidance that redefines the meaning of “sex” in Title VII of the Civil Rights Act of 1964.
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New Hampshire and the Canadian province of Quebec signed a “historical security agreement” to address border security.
Gov. Chris Sununu and a representative from Quebec, Laurence Gagnon, signed the agreement Monday in response to “new challenges related to cross-border security emerge,” including a rise of “illegal border crossings.” The governor says it is the first border security “arrangement” between the state and a foreign territory.
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Several groups have sued over a new Bureau of Land Management leasing rule they argue will harm indigenous communities and put small businesses out of business.
Western Energy Alliance, the Independent Petroleum Association of New Mexico, New Mexico Oil and Gas Association, North Dakota Petroleum Council, Petroleum Association of Wyoming, and Utah Petroleum Association sued Secretary of the Interior Deb Haaland and the BLM in the U.S. District Court for the District of Wyoming.
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