Biden Admin Has Cemented $1 Trillion Worth Of Rules And Regs In 2024, Analysis Finds
The Biden administration has saddled the U.S. economy with more than $1 trillion worth of final rules and regulations thus far in 2024, according to analysis conducted by the American Action Forum…
Global debt on the rise, EM crosses $100 trillion mark – IIF
By Rodrigo Campos NEW YORK (Reuters) – A measure of debt across the globe rose in the first quarter to almost $305 trillion, and the rising cost to service that debt is…
India’s newest infra lender to loan 1 trillion rupees this fiscal -official
By Ira Dugal MUMBAI (Reuters) – The Indian government-backed National Bank for Financing Infrastructure and Development (NaBFID) expects to sanction close to 1 trillion rupees ($12.23 billion) in loans this financial year,…
DOE Official Says Biden’s Climate Pledge Will Cost $10 Trillion
DOE Official Says Biden’s Climate Pledge Will Cost $10 Trillion Laurel Duggan on May 11, 2023 Jigar Shah, the director of the Loan Program Office in President Joe Biden’s Department of Energy…
House Freedom Caucus Chair Won’t Commit To McCarthy’s Debt Proposal, Will Entertain $2-3 Trillion Limit
House Freedom Caucus Chair Won’t Commit To McCarthy’s Debt Proposal, Will Entertain $2-3 Trillion Limit Jason Cohen on April 23, 2023 Republican Rep. Scott Perry, Chair of the House Freedom Caucus, has…
Russian billionaires see wealth rise to over half a trillion dollars -Forbes
By Guy Faulconbridge MOSCOW (Reuters) – Russia’s richest people added $152 billion to their wealth over the past year, buoyed by high prices for natural resources and rebounding from the huge loss…
Kevin McCarthy Proposes $1.5 Trillion Debt-Limit Increase with Large Spending Cuts
Kevin McCarthy Proposes $1.5 Trillion Debt-Limit Increase with Large Spending Cuts Arjun Singh on April 19, 2023 House Speaker Kevin McCarthy released a long-awaited budget proposal Wednesday, which raises the U.S. debt…
Biden Admin Official Claims Racism Cost US Economy $16 Trillion
Biden Admin Official Claims Racism Cost US Economy $16 Trillion Harold Hutchison on April 12, 2023 A senior Biden administration official claimed Wednesday that racial discrimination against black people cost the U.S.…
Inflation Reduction? Dems’ Climate Spending Spree Could Cost $1.2 Trillion, Analysts Say
Inflation Reduction? Dems’ Climate Spending Spree Could Cost $1.2 Trillion, Analysts Say John Hugh DeMastri on March 23, 2023 Democrats’ Inflation Reduction Act (IRA) could cost roughly $1.2 trillion in green energy…
World Bank seeks more private cash as yearly needs balloon to $2.4 trillion
(Reuters) – World Bank President David Malpass set out on Thursday a new road map for private sector participation in project financing across emerging and developing economies as yearly financing needs balloon…
‘Most vulnerable’ U.S. banks lost $1 trillion in deposits in a year -JPMorgan
By Nupur Anand New YORK (Reuters) – JPMorgan Chase & Co analysts estimate that the “most vulnerable” U.S. banks are likely to have lost a total of about $1 trillion in deposits…
India proposes additional net expenditure of 1.48 trillion rupees for 2022/23
NEW DELHI (Reuters) – The Indian government has proposed an additional net expenditure of 1.48 trillion rupees ($18.06 billion) for the fiscal year ending this month, a government statement said on Monday.…
U.S. road use climbed 0.9% in 2022 to 3.17 trillion miles
By David Shepardson WASHINGTON (Reuters) – Travel on U.S. roads in 2022 rose by 0.9% to 3.17 trillion miles but still remains below pre-COVID 19 levels after oil prices spiked last year,…
Texas AG Sues POTUS Over ‘Unlawful’ Signing Of $1.7 Trillion Omnibus Spending Bill
Texas AG Sues POTUS Over ‘Unlawful’ Signing Of $1.7 Trillion Omnibus Spending Bill Katelynn Richardson on February 16, 2023 Texas Attorney General Ken Paxton filed a lawsuit Wednesday against President Biden for…
U.S. household debt jumps to $16.90 trillion
By Lindsay Dunsmuir (Reuters) – U.S. household debt jumped to a record $16.90 trillion from October through December last year, the largest quarterly increase in 20 years, as mortgage and credit card…
US Projected To Tack On $19 Trillion In Debt Over Next Decade As Spending Soars
US Projected To Tack On $19 Trillion In Debt Over Next Decade As Spending Soars Mary Lou Masters on February 15, 2023 The U.S. is likely to add $19 trillion more to…
Bucco: Murphy’s Extreme Green Energy Plan Could Cost New Jerseyans $1.4 Trillion
Sen. Anthony Bucco said it could cost New Jerseyans a whopping $1.4 trillion to implement Gov. Phil Murphy's Energy Master Plan, according to a new estimate.…
Gov. Murphy’s ‘extreme’ Green Energy Plan could cost state $1.4 trillion opponents say
TRENTON, NJ – New Jersey Governor Phil Murphy just dropped a half million dollars on a new fleet of gas-guzzling SUVs for himself and his inner circle in Trenton, but he wants…
Exclusive-India may peg gross borrowing under 16 trillion rupees in 2023/24 – sources
By Shubham Batra and Nikunj Ohri New Delhi (Reuters) – India’s federal government is likely to keep its gross market borrowing below 16 trillion rupees ($196 billion) for 2023/24 as it does…
Indian government to borrow a record 16 trillion rupees in fiscal 2023/24 – Reuters poll
By Vivek Mishra BENGALURU (Reuters) – The Indian government will borrow a record 16 trillion rupees ($198 billion) in the fiscal year to March 2024, according to a Reuters poll of economists,…
Soros And Bezos Back Initiative To Raise $3 Trillion Annually To Fight Climate Change
Soros And Bezos Back Initiative To Raise $3 Trillion Annually To Fight Climate Change Jack McEvoy on January 17, 2023 Left-wing billionaire George Soros and Amazon founder Jeff Bezos are helping a…
PETER ROFF: Congress’ $1.7 Trillion Monstrosity Was Flown In For Biden To Sign While On Vacation. Another Insult To Taxpayers
PETER ROFF: Congress’ $1.7 Trillion Monstrosity Was Flown In For Biden To Sign While On Vacation. Another Insult To Taxpayers Peter Roff on December 31, 2022 Joe Biden’s been president for just…
Fed reverse repo facility hits record $2.554 trillion
By Michael S. Derby NEW YORK (Reuters) – A key facility the Federal Reserve uses to help control short-term interest rates saw record inflows on Friday, the final trading day of the…
Biden signs $1.66 trillion FY 2023 government funding bill
CHRISTIANSTED, St. Croix (Reuters) -President Joe Biden on Thursday signed a $1.66 trillion bill funding the U.S. government for fiscal year 2023, the White House said in a statement. Biden signed the…
U.S. Senate $1.66 trillion gov’t funding bill secures enough votes to advance
WASHINGTON (Reuters) – A $1.66 trillion bill to fund the U.S. government secured enough support to advance in the Senate’s first procedural vote on the matter on Tuesday. Voting was continuing. (Reporting…
Moscow Exchange says 2022 trading volumes surpassed $14.4 trillion
By Elena Fabrichnaya MOSCOW (Reuters) -Trading volumes on Moscow Exchange, Russia’s largest bourse, surpassed 1 quadrillion roubles ($14.44 trillion) for the second year running, it said on Monday, in part due to…
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