Category: Economy

Biden Unveils Massive 2025 $7.3T Budget With $5.5T In Tax Hikes: Greatest Tax Burden In US History

President Biden unveiled his election-year budget pitch Monday, calling for $5.5 trillion in tax increases by raising rates on the wealthy and corporations — while spending $7.3 trillion on defense, federal benefit programs, affordable housing and student debt cancellation, among other proposals...


Early Christmas: McConnell And Schumer Publicly Support Speaker Johnson’s Government Funding Plan

The House of Representatives is under new management but still operating under business as usual as it prepares to pass another continuing resolution (CR) funding bill that once again extends spending levels and policies pushed through by then-Speaker Nancy Pelosi (D-CA) in last December’s lame duck session...


Sam Bankman-Fried Found Guilty On All Seven Counts: Sentence Could Be As Much As 115 Years In Prison

Disgraced former Billionaire Sam Bankman-Fried has been found guilty on all counts in his high profile fraud criminal trial in New York. The jury found the former crypto guilty of two counts of wire fraud (misappropriating customers’ deposits) and four counts of conspiracy to commit fraud. By being found guilty on all counts, SBF faces a maximum sentence of 115 years in prison…