A letter from the Department of Finance Canada says budget forecasts are a “modelling scenario” subject to change, and “should not be viewed as a prediction of the future.” The statements were made in a letter to the Parliamentary Budget Office (PBO) and followed the federal cabinet raising its debt to GDP ratio, despite previous…
Government Budgets Are Only a ‘Modelling Scenario, Not Prediction of the Future,’ Says Finance Canada
Trump Unveils Plan to ‘Squeeze’ US Spending, Cut Deficit
June 20, 2023
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Former president Donald Trump has unveiled a plan to “cut waste, stop inflation, and crush the “Deep State” of entrenched bureaucrats, his campaign said in a June 20 news release. Trump said that, if elected to a second term in office, he would invoke his presidential power to delay or halt expenditures that he considers wasteful,…
US Budget Deficit Soars in May After Jump in Spending, Drop in Revenues
The U.S. government’s budget deficit surged in May from the same time a year ago, as federal revenues declined and Medicare spending soared, new Treasury Department data revealed. According to the Monthly Treasury Statement, the May shortfall surged to $240 billion, up from $66 billion a year earlier. The consensus estimate was a $236 billion…
EXCLUSIVE: Sen. Lankford Opens Up About Faith and Politics
Congressional observers know Sen. James Lankford as a deliberative man who thinks before he speaks, but the Oklahoma Republican doesn’t hesitate when asked about the role of faith in his personal life and political career. “The most important decision is one I make every day—who am I going to follow, and what is going to…
US Treasury Can Meet All Obligations After Debt Ceiling Suspension
June 5, 2023
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WASHINGTON—The U.S. Treasury said it can now meet the federal government’s payment obligations after a debt ceiling suspension, following earlier warnings that it would run short of funds on Monday if Congress failed to act. “Now that Congress has acted to suspend the debt limit, Treasury has the tools needed to ensure that the U.S….
Why Doesn’t Drowning in Debt Bother Biden?
Commentary The most perplexing thing about President Joe Biden’s stance on the debt ceiling issue is that the staggering national debt does not seem to bother him. In remarks Biden made the other day, he noted that the national debt has “accumulated over 200 years.” And he also noted the debt increased under President Donald…
Biden Sleeps Tight While Nation Drowns in Debt
Commentary Hillary Clinton writes in The New York Times that Republican insistence to link any increase in the nation’s debt ceiling to spending control and cuts threatens our national security. “It’s a sad irony that Mr. McCarthy and many of the same congressional Republicans seemingly intent on sabotaging America’s global leadership by refusing to pay…
Democrat Has Unusual Reaction to Tucker Carlson’s Departure From Fox News
April 25, 2023
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Rep. Alexandria Ocasio-Cortez (D-N.Y.) is celebrating Tucker Carlson’s exit from Fox News. Now she’s fundraising off of Carlson’s departure. Candidates for the 2024 elections are reacting to President Joe Biden’s newly announced presidential bid. And former President Donald Trump is suggesting he might boycott GOP primary debates as Democrats skip them altogether. Florida Gov. Ron DeSantis is laying…
Former Biden Stenographer Breaks Silence on What He Witnessed During Time With Biden
Former Obama administration White House stenographer Mike McCormick joins us to discuss then-Vice President Joe Biden. He offers us an insider view into Biden’s alleged kickback schemes. Biden is mandating all federal agencies put “environmental justice” into their missions. But some Republicans call that another attempt to spread what they call woke ideology in the federal government. A…
Biden Budget Would Lead to Record National Debt: Watchdog
March 10, 2023
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The Committee for a Responsible Federal Budget (CRFB) has warned that President Joe Biden’s proposed budget for the 2024 fiscal year would send the national debt to a record high within four years. “Debt under the President’s budget would grow to a new record as a share of the economy over the next decade,” the…
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