Category Archives: Federal budget

Dead people got $1 billion in COVID-19 stimulus checks, watchdog says

Sarah D. Wire of the Los Angeles Times – The federal government’s internal watchdog says that the IRS sent stimulus checks to more than 1 million dead people — worth more than $1 billion — under the coronavirus relief package … Continue reading

Posted in Coronavirus, Federal budget, Money | Tagged

Where The Latest COVID-19 Models Think We’re Headed — And Why They Disagree

Ryan Best and Jay Boice of FiveThirtyEight – Models predicting the potential spread of the COVID-19 pandemic have become a fixture of American life. Yet each model tells a different story about the devastation to come, making it hard to know which … Continue reading

Posted in Coronavirus, Federal budget, FiveThirtyEight | Tagged

Watching the Probable Demise of Trump in Real Time

Jonathan Chait in Political Wire – President Trump’s political career has consisted of a series of self-generated crises that he has improbably survived, from insinuating that John McCain was a coward for having been captured during the war that Trump … Continue reading

Posted in 2020 election, Controversial, Donald Trump, Economics, Elections, Fake news, Federal budget, government, Impeachment, James Comey, Thought-Provoking Analysis

The Fed Just Printed More Money Than Bitcoin’s Entire Market Cap

Anyone worried about federal spending? Maybe we all should be. More money in circulation may be good for President Trump’s re-election campaign – but may not be so good for regular citizens who have their money in savings accounts. – … Continue reading

Posted in 2020 election, Bitcoin, Crypto, Donald Trump, Dow Jones, Economics, Elections, Federal budget, Federal Reserve, Finance, government, Investing, Money, National debt

The Trump budget? US on track to borrow most money since 2008 financial crisis

By Brooke Seipel of The Hill The Treasury Department estimated in April that the annual deficit would boom this year, rising to $833 billion from roughly $665 billion in 2017. The cumulative deficit for the fiscal year is already $41 … Continue reading

Posted in Budget deficit, Donald Trump, Federal budget, Finance, The Hill