So far in the fiscal year 2024, the federal government has had to borrow about $5 billion every day.
The Congressional Budget Office said Thursday the federal budget deficit was $1.5 trillion for the first 10 months of fiscal year 2024, which covers October through July.
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With a looming deadline to fund benefits to about 7 million veterans in October, and Congress out until Sept. 9, Maine Sen. Susan Collins and six colleagues have filed legislation to get full funding.
A Republican and independent are among the six. Veterans Affairs is facing a deficit of about $15 billion the remainder of this year and next – a deficit larger than the annual budget of the Environmental Protection Agency, says one senator.
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Brittney Pearson was a mother of four and 24 weeks pregnant when she was diagnosed with breast cancer—a tragic enough situation. To make a bad situation worse, though, the Sacramento native was pregnant as a surrogate mother for a gay couple.
Upon being informed of the cancer diagnosis, the two men demanded that Pearson abort the child.
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Between safety and reliability issues, as well as a dearth of charging stations, electric vehicle owners have been having quite a bit of buyer’s remorse, and now they may have another reason to go back to gas cars — EVs are rapidly depreciating.
Rental company Hertz announced in 2021 it would buy 100,000 EVs from Tesla, only to find lackluster interest from renters. In January, the Hertz announced it was selling off 20,000 of the vehicles, with prices as low as $25,000. Vehicle depreciation cost the company $588 million in the first quarter of this year compared to the last quarter of 2023.
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Former President Donald Trump blamed the Monday stock market dive on Vice President Kamala Harris in a series of Truth Social posts.
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According to the Associated Press, the Nikkei closed down 4,451.28 points at 31,458.42 on Monday after it went down 5.8 percent on Friday, marking the worst two-day decline ever.
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The U.S. unemployment rate once again ticked up in the month of June to 4.3 percent as another 352,000 Americans said they were unemployed, according to the latest data from the Bureau of Labor Statistics. Markets are crashing in response.
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The executive director of a large LGBT nonprofit allegedly spent the organization’s money on a lavish personal lifestyle, The New York Times reported on Thursday.
Sarah Kate Ellis, chief executive of GLAAD, an LGBT advocacy group, spent large sums of donor’s money on expenses such as remodeling her home office with a chandelier, renting a Cape Cod property, first class flights and luxury hotels, according to the NYT’s review of expense reports from January 2022 to June 2023. The expenses may be in violation of both the organization’s guidelines and Internal Revenue Service (IRS) rules, legal experts told the NYT.
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Shoplifting has soared in the U.S. in 2024, forcing many stores to leave cities and continuing a trend in recent years.
Shoplifting has risen 24 percent in the first half of 2024 alone, according to newly released data from the Council on Criminal Justice.
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The House Judiciary Committee has sent letters to over 40 American and foreign companies asking for documents related to what it claims are “collusive” activities as part of the Global Alliance for Responsible Media (GARM).Â
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