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U.S. Deficit Expected to Hit $3 Trillion in 2021, Budget Office Says

30 days ago   |   By NY Times

Stimulus spending will help fuel economic growth and erase pandemic job losses, according to a new report from the Congressional Budget Office.
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CBO projects federal deficit will hit $3 trillion this year

30 days ago   |   By Star Tribune

The Congressional Budget Office says that the federal budget deficit will again hit $3 trillion this year, $745 billion more than its estimate five months ago, as it takes into account the cost of President Joe Biden's $1.9 trillion coronavirus rescue plan.
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U.S. deficit to total $3 trillion in fiscal 2021, budget panel says

30 days ago   |   By CNBC

The federal government will be swimming in $3 trillion of red ink by the end of fiscal 2021, according to a CBO estimate Thursday.
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U.S. Deficit Expected to Hit $3 Trillion in 2021, Budget Office Says

30 days ago   |   By NY Times

Enormous government spending will help fuel economic growth and erase pandemic job losses, according to a new report from the Congressional Budget Office.
Read more ...

 


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James Polk, Pulitzer winner for Watergate reporting, dies at 83

He worked for the old Washington Star and later for NBC and CNN. Read more ...

Opinion: Journalism is Activism and Diverse Newsrooms Know That

It isn't news that journalists have been burned by their “conformity. ” From police shootings to sexual assaults, the voices sharing the news become just as important as the... Read more ...

Groups urge state to protect last wild Atlantic salmon in US

PORTLAND, Maine - Maine is home to the last wild Atlantic salmon populations in the U.S., but a new push to protect the fish at the state level is unlikely to land them on the... Read more ...

Californians tired of doing their part during triple-digit heat

Californians tired of doing their part during triple-digit heat

SACRAMENTO - Californians are tired of turning off their appliances in the summer heat. For years, state officials have counted on residents to rescue the electric grid from... Read more ...

Thousands defy Orbán with festive Pride parade backing gay rights in Hungary

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Chris Sale to pitch 4-5 innings in Sunday's rehab start with Double-A Portland

Chris Sale is expected to pitch four or five innings in his next rehab start with the Double-A Portland Sea Dogs on Sunday as the Red Sox left-hander continues to eye a return... Read more ...

Family of James Brown settles 15-year battle over his estate

COLUMBIA, S.C. - The family of entertainer James Brown has reached a settlement ending a 15-year battle over the late singer's estate, an attorney involved in the mediation... Read more ...

Biden faces challenges in bid to reach a bipartisan infrastructure plan

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French protesters reject virus passes, vaccine mandate

Some 160,000 people, including far-right activists and members of France's yellow vest movement, protested Saturday across the country against a bill requiring everyone to have... Read more ...

Wildfires blasting through West draw states to lend support

Out-of-state crews headed to Montana Saturday to battle a blaze that injured five firefighters as the West struggled with a series of fires that have ravaged rural lands and... Read more ...