Government's Already-Dismal Budget Forecast Just Got 106% Worse
• zerohedge.com by Simon BlackThis week, the Office of Management and Budget released a new report called the "Mid-Session Review" of the US federal budget.
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This week, the Office of Management and Budget released a new report called the "Mid-Session Review" of the US federal budget.
Though perhaps a drop in the bucket when compared to the over $1 billion the US has already acknowledged providing Kiev since 2014, the Pentagon announced Friday afternoon that it will provide Ukraine with $200 million in security assistance which an
Exactly ten years ago, in the middle of the summer of 2008, the world was only two months away from the most severe financial crisis since the Great Depression.
While everyone is debating the effects of possible trade sanctions on the global economy, few are paying attention to a far more serious issue. Enormous global debt, combined with low-interest rates, have set the stage for a global recession that has
"Full Scope Audit" of the Pentagon
"Full Scope Audit" of the Pentagon
Mainstream media is all aglow over the alleged end of the Greek economic crisis. Mainstream media is wrong.
We live in a state of perpetual war, and we never feel it. While you get your gelato at the hip place where they put those cute little mint leaves on the side, someone is being bombed in your name.
With Trump in the White House, Congress must reassert its role in governing the use of military force.
According to Haaretz, one option being discussed is a solar energy project to be built in northern Sinai to supply Gaza with electricity
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The Fed upped the interest it pays on excess reserves to 1.95% today. This is free money (taxpayer funded) to banks.
The US Congressional Budget Office estimates that it will spend $700-billion on subsidies this year to help pay the health-care premiums for Americans under the age of 65.
Let's take a momentary reprieve from Italian insolvency to discuss the sorry state of affairs in Illinois.
ecretary of State Mike Pompeo's speech this week on next steps in US policy toward Iran read more like a call to war than a carefully crafted foreign policy stance. So much so that the obvious next question is what it might cost if the Trump administ
Stefan Halper, the alleged informant or "mole" in Trump's campaign, received more that a million dollars from 2012 through 2016 from the Department of Defense.
Italy's current scheme of piling unfunded government spending on top of an already-huge debt is a recipe for disaster.
Every bubble goes through different phases before it finally bursts. They all end in a euphoric crack-up boom. In less than a year, the U.S. government has been clocking in debt at an average of $52,000 per SECOND, which more than what the average Am
Reality Check: Millions Wasted 'Rebuilding' Afghanistan
Figure includes spending on wars in Afghanistan, Iraq, Syria
Given the recent shooting of unarmed Palestinian protestors at the hands of Israeli soldiers, leaving 58 people killed and 2,700 injured, isn't it time for the American people to be asking the following question about the role of the federal govern
Pay and benefits are out of control
Pay and benefits are out of control
Pay and benefits are out of control
Iraq just voted into power a former enemy of the United States. Isn't this when Trump should stop cutting blank checks?
Healthcare/sickcare will bankrupt the nation by itself.
On October 22, 1981, the national debt in the United States crossed the $1 trillion threshold for the first time in history.
Ron Bassilian, a candidate running for Congress in California, discovered the US Center for Disease Control was diverting taxpayer dollars, $3 million in one check, to a local liberal group to fund far-left campaigns. He says the government money is
"There is a sword of Damocles hanging over the head of every American. Sadly, it is about to drop."
The new, bi-partisan authorization for the use of military force (AUMF) introduced by Senators Kaine and Corker is billed as evidence that Congress is finally taking its Constitutional war-making authority seriously. This could not be further from th