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Trump’s $2,000 tariff dividends could cost $600 billion annually says CRFB
The Big Money Show panel discusses President Donald Trumps tariff-divided plan for lower and middle-income Americans. President Donald Trump’s proposal to give Americans $2,000 tariff dividends could carry a hefty price tag, according to a new analysis by a budget watchdog. Trump told reporters in the Oval Office on Monday that the federal government is looking […]
Republicans and Democrats battle over Obamacare subsidies amid shutdown
FOX Business correspondent Grady Trimble reports on the heated conversations in Congress over Obamacare subsidies and the growing impact of the government shutdown on ‘Varney & Co.’ Republicans and Democrats remain far apart on what to do about Obamacare, with how to handle expiring subsidies being the main sticking point in talks to re-open the […]
US national debt hits historic $38 trillion milestone for first time
Committee for a Responsible Federal Budget President Maya MacGuineas warns that the nation’s $38 trillion debt and rising spending are ‘unsustainable,’ urging lawmakers to address entitlement reform and restore fiscal discipline. The U.S. national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to […]
Federal deficit hits $1.8 trillion with record debt interest costs
Committee for a Responsible Federal Budget President Maya MacGuineas warns that the nation’s $38 trillion debt and rising spending are ‘unsustainable,’ urging lawmakers to address entitlement reform and restore fiscal discipline. The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting […]