Government, Public Education
These states suffered an academic plunge despite spending more per student(reimaginED) – It’s award season here at reimaginED, and we’re reviewing a trend from “the Nation’s Report Card” for low-income students who tested in all 50 states between 2003 and… Read More
Biden administration
Federal deficit hit $1.4 trillion in fiscal year 2022, nearly 50% above pre-COVID level(The Center Square) – The Biden administration on Friday released its budgetary data for the last month of fiscal year 2022 which showed the U.S. government ran up a roughly… Read More
Economy
Clinton, Obama economist says U.S. ‘has a serious inflation problem’(The Center Square) — Two top economists from Democratic presidential administrations are raising the alarm about inflation even as the President Joe Biden touts its progress on the issue. Lawrence… Read More
National
Oversight Republicans investigate why DOE hasn’t spent COVID relief funds, role of teachers unions(The Center Square) – Oversight Republicans have launched an investigation into how the U.S. Department of Education has handled billions of COVID-19 relief dollars, raising the alarm about the major… Read More
Biden administration
Biden signs $740 billion climate, tax and health care bill into lawCritics blasted the tax hikes and new spending, in luding the plan to hire 87,000 new IRS agents to audit Americans (The Center Square) – President Joe Biden signed a… Read More
Biden administration
President Biden signs CHIPS Act into law as critics say the $280 billion measure is a corporate giveaway(The Center Square) – President Joe Biden signed a $280 billion bill on Tuesday that aims to help the U.S. compete with China by investing billions of taxpayer dollars into domestic… Read More
Politics
Republican governors call Democrat spending bill “reckless”(The Center Square) – Twenty-one Republican governors called the Inflation Reduction Act “another reckless tax and spending spree” in a joint statement released Thursday. The legislation, dubbed the “Democrats spending… Read More
Economy
‘Uncharted Territory:’ U.S. debt will nearly double GDP within 30 years, Feds say(The Center Square) – Federal debt will nearly double the nation’s Gross Domestic Product by 2052 if it continues on its current trajectory, the U.S. Congressional Budget Office says in… Read More
Culture
Legislative committee wants full accounting of COVID spending by schools(The Center Square) – A subcommittee that monitors state spending is asking Arkansas education officials for a full accounting of federal COVID relief funds given to the schools. Read More
Economy
Poll: 83% of Americans cutting back on personal spending due to inflation(The Center Square) – The vast majority of Americans are cutting back on their spending because of rising inflation, according to new survey data. Provident Bank based in… Read More
National
Yellen to testify on Biden budget after admitting she was wrong on inflation(The Center Square) – U.S. Treasury Secretary Janet Yellen will testify before the Senate Finance Committee Tuesday, just days after she admitted she was wrong about inflation earlier in President… Read More
National
Report: Americans cutting back on discretionary spending because of inflation(The Center Square) – Americans are changing their shopping habits because of rising prices, a new study from Morning Consult finds. According to the report , American… Read More
Public Education
Taxpayers question local COVID relief spending by schools, municipalities across nation(Brett Rowland | The Center Square) – A county government in southeast Michigan is moving forward with plans to build a sports complex with federal COVID-19 relief money that could cost… Read More
National
White House defends spending as federal debt tops $30 trillion(The Center Square) – The national debt hit another milestone this week, and experts are warning that continuing to increase federal spending will have dangerous consequences. The federal national debt… Read More
National
Study: Democrats’ $3.5 trillion spending bill with tax increases would cause economic decline(The Center Square) – House Democrats have unveiled a litany of new tax proposals to fund President Joe Biden’s $3.5 trillion federal spending bill, but a new report suggests the… Read More