Podcasts about federal deficit

The U.S. national debt has crossed $40 trillion, and Treasury Secretary Scott Bessent says the country will need stronger economic growth to overcome the challenge. Bessent pushed back on parts of the debt figure and defended the administration's economic approach. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

For decades, financial pundits and economists have warned that a large U.S. budget deficit could hurt the market and cause pain for investors. Today, Paul notices that the same warnings are circulating again and pushes back on fears about higher taxes, rising interest rates, and companies having a harder time borrowing money. Listen along as Paul explains why the market has remained a powerful wealth-building machine through changing deficits, tax policies, and economic conditions. Paul also shares why reacting to economic headlines can cause investors to miss the long-term wealth creation that markets have historically provided.   Later in the episode, Paul discusses the disadvantage of having your home or business as your biggest asset instead of an investment portfolio.   Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.   This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information. Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser. 

What if the U.S. government were just a family sitting at your kitchen table? In this episode, we shrink the entire federal budget down by a factor of 100 million and meet a family that earns $52,000 a year, spends $70,000, and already owes $390,000 — with nearly one of every five dollars they earn going straight to interest. Then we reveal who that family really is.   From there, we unpack the real story behind the $39 trillion national debt: where it came from (the last federal surplus was all the way back in 2001), what today's record interest costs mean for the broader economy, and — most important — what it all means for your investments and the richer life you're building. No fear-mongering, no politics, no jargon — just a clear, honest look and five level-headed moves you can actually use.   In this episode: The $390,000 family at the kitchen table Deficit vs. debt — what they actually mean How we got here: the last surplus was 2001 What it means for the U.S. economy What it means for YOUR investments Five level-headed moves you can make Wrap-up

Take your personal data back with Incogni! Use code MARKDAVIS at the link below and get 60% off an annual plan: https://incogni.com/markdavisSee omnystudio.com/listener for privacy information.

Jim breaks down the latest from the economic update. The fallout from Jimmy Kimmel’s joke about Melania Trump GUESTS: Mike Le Coteur - CTV News Senior Political Correspondent Diana Chan McNally - frontline community worker and educator in Toronto Heather Exner Pirot - director of energy, natural resources and environment with the Macdonald-Laurier Institute Dave Martin & Simon Rakoff – comedians

Thierry Wizman comments on President Trump's newest tariff moves and the fallout from the Supreme Court ruling. “There doesn't seem to be any letup.” He expects the U.S. dollar to continue to show weakness as the U.S. “abrogates its responsibilities” to globalization. He thinks the yield curve could steepen from here, especially if the government can't replace all the lost tariff revenue, causing deficits to move higher.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

The Congressional Budget Office projects the federal budget deficit, now at $1.9 trillion, will rise to $3.1 trillion by 2036. According to the CBO, deficits will grow relative to the size of the economy, driven largely by rising net interest costs. The projection comes amid scrutiny of tax cuts and federal benefits passed under the Trump administration. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Congressional Budget Office projects the federal budget deficit, now at $1.9 trillion, will rise to $3.1 trillion by 2036. According to the CBO, deficits will grow relative to the size of the economy, driven largely by rising net interest costs. The projection comes amid scrutiny of tax cuts and federal benefits passed under the Trump administration. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices

As we approach the new year, Canadians will see several major tax changes in 2026, affecting everything from income tax to payroll deductions and carbon levies. Franco Terrazzano, Federal Director of the Canadian Taxpayers Federation, spoke to Andrew Carter.

Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.In today's episode, we look at the partisan nature of a budget deficit. Plus, Robbie sits down with Home Builders Institute's Ed Brady for a discussion on the home building climate, evolving workforce trends, trade misconceptions, and the strategic solutions needed to rebuild America. And we close by examining why mortgage rates declined this last week.Thank you to Truework, the only all-in-one, automated VOIEA platform that helps mortgage providers achieve up to 50% cost savings with an industry leading 75% completion rate.

Not sure what your numbers are telling you? Get a free review: coltivar.com/financial-review Major moves and market momentum in this week's top financial stories, including:Tariffs Rise, but U.S. Debt Tops $1 TrillionTrump Pushes Fannie Mae to Back BuildersHome Sales Slide as Prices Hit New HighPepsiCo Rebrands Lay's Amid Snack SlowdownTune in for smart commentary, sharp context, and the financial insight you need to lead in a changing world — only on FinWeekly._______________________________________Disclaimer:The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-policy-and-terms-of-use for additional important information. LinkedIn | YouTube coltivar.com

Guest: Tom Korski, Managing Editor, Blacklock's Reporter

Susan Pendergrass is joined again by Elias Tsapelas, director of state budget and fiscal policy at the Show-Me Institute, for Part II of their conversation on the sweeping federal legislation known as the “One Big Beautiful Bill.” They unpack what the bill means for Missouri taxpayers, including changes to the standard deduction, tips and overtime, education savings accounts, and higher education policy. They also dig into the bill's broader fiscal impact, from the growing federal deficit to the implementation challenges facing state governments. Timestamps 00:00 Exploring the One Big Beautiful Bill 04:58 Tax Implications for Missourians 10:20 New Savings Accounts for Children 12:07 Changes in Higher Education 18:09 Federal Deficit and Debt Concerns Listen to part I: https://showmeinstitute.org/blog/economy/understanding-the-one-big-beautiful-bill-with-elias-tsapelas/ Produced by Show-Me Opportunity

This is a topic concerning the federal deficit and I lend a solution

Hub Headlines features audio versions of the best commentaries and analysis published daily in The Hub. Enjoy listening to original and provocative takes on the issues that matter while you are on the go.   0:19 - Canada's federal deficit is worrying—but it's nowhere near the fiscal crisis the U.S. is facing, by Trevor Tombe   6:50 - Need to Know: No, Canada doesn't need a unity government, by Howard Anglin and David Polansky   This program is narrated by automated voices. If you enjoy The Hub's podcasts consider subscribing to our weekly email newsletter featuring our best insights and analysis. Free. Cancel anytime. Sign up now at https://thehub.ca/join/.

Hosts: Erin Rider and Guest Host Jason Perry  As President Trump has taken office and began working on his agenda, one question has been brought up several times, especially by very conservative members of the Republican Party: how will these decisions affect the national debt? Mike Murphy, Senior Vice President at the Committee for a Responsible Federal Budget joined the program before the inauguration; he joins us again to update his predictions. 

GUEST: Andrey Pavlov, Professor of Finance at Simon Fraser University's Beedie School of Business Learn more about your ad choices. Visit megaphone.fm/adchoices

Freeland drops a bomb. Does Justin Trudeau survive? GUEST: Ian Bailey, reporter with The Globe and Mail's Ottawa Bureau Canada's massive federal deficit: How did we get into this mess? GUEST: Andrey Pavlov, Professor of Finance at Simon Fraser University's Beedie School of Business From Bitcoin to climate change: Vancouver City Hall in 2024 GUEST: Kareem Allam, Former chief of staff for Mayor Ken Sim and Campaign Manager, Partner at Fairview Strategies Are the wheels finally off the Liberal bus? GUEST: Warren Kinsella, Toronto-based lawyer, author and consultant, former special assistant to Prime Minister Jean Chretien What is the price of a Christmas dinner in 2024? GUEST: Sylvain Charlebois, Director of the Agri-Food Analytics Lab at Dalhousie University Learn more about your ad choices. Visit megaphone.fm/adchoices

If you thought federal deficits and spending would go back to normal after the covid panic, you were wrong. If anything, deficits are now on track to be bigger than the covid years.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

TT Eliminating the Federal Deficit: We can't just cut the waste, fraud and abuse in our government. We need to start eliminating entire government agencies. We should sell the 620 million acres of land and 8,000 office buildings that the government owns. We could have a far stronger national defense, with a much lower budget, if we were more strategic. We need to stop giving handouts and bailouts to both the citizens and the large corporations. Our government would be much more efficient if we set up the right incentives for the people working in it. Lastly, if we establish sound money and end the Federal Reserve, we could create the greatest economy we have ever had. This country was built on private property rights, personal freedoms and “liberty and justice for all.” That is what allowed us to grow into the greatest nation on earth. It is time to Make America Great Again! www.RealPowerFamily.com Info@ClearSkyTrainer.com 833-Be-Do-Have (833-233-6428)

This week, not only are we going to talk about America's insane national debt and federal budget deficit, but we're also going to try to do it without depressing everybody. In this episode, we dive into causes of the rising deficit, potential consequences, and how it could impact our lives. Wish us luck!   Money Insights is a strategic planning firm that is founded on the principle that "off-the-shelf" products and solutions often do not meet the needs of high-income earners. The Money Insights team works to collaboratively design customized financial solutions that will leave a lasting impact on each of their unique clients.   Visit Money Insights and take the Investor Quiz at https://moneyinsightsgroup.com ! Listen to the Money Insights podcast on Spotify, Apple Podcasts, or at https://moneyinsightsgroup.com/podcast

With the presidential election less than a week away, I know many folks are feeling like the present is on pause while we're waiting on some important answers about the future.  Matt Wilson, Keen Wealth's Chief Investment Officer and President, analyzed the latest data surrounding the election, the health of the economy, and the early outlook for 2025 in his recent 2024 Q4 Market Update Webinar. Today we're going to discuss some follow-up questions from webinar attendees that should provide a little more clarity about the relationship between your short-term and long-term financial planning. 

A Donald Trump presidency could be worse for the federal budget than a Harris presidency, according to a new report from the Committee For a Responsible Federal Budget. Either way the election goes, CNBC's Eamon Javers says the deficit will grow. CNBC's Steve Liesman considers why neither politicians nor the broader public seem to care about America's soaring debt, and shares his concerns about the deficit's economic impact. A week out from election day, Axios co-founder Mike Allen says the MAGA-World is confident. While the election seems like a coin flip, it could end up a landslide for either candidate. Plus, Trump Media shares surged and Washington Post owner Jeff Bezos published an op-ed defending the newspaper's decision against endorsing a presidential candidate this election cycle. Mike Allen - 30:35 In this episode:Mike Allen, @mikeallenEamon Javers, @EamonJaversSteve Liesman, @steveliesmanBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

Traditional companies (such as oil, telecom, and automotive) are being disrupted by companies like Amazon, Nvidia, and Tesla, positioning individuals like Elon Musk, Jensen Huang, and Jeff Bezos to become the world's first trillionaires. This shift in wealth concentration poses significant challenges in society due to its magnitude and implications. The pace of technological advances in AI and computing is exponential compared to past industrial revolutions, and most cannot grasp the implications these advances will ultimately have. One insight rarely discussed due to regulatory constraints is the direct correlation between the rising U.S. federal deficit and the stock market's trajectory. Host Jack Russo and Pat Duke explore the backgrounds of today's billionaires, inherited wealth, and the “Overton window” spectrum of acceptability.   Encore Edition   Jack Russo Managing Partner Jrusso@computerlaw.com www.computerlaw.com https://www.linkedin.com/in/jackrusso "Every Entrepreneur Imagines a Better World"®️  

Episode 427: Neal and Toby explain how the Federal Deficit hit $1.8 trillion. Then, two pioneers in AI received the Nobel Prize in physics for their groundbreaking work in building the technology as we know it today. Next, short sellers are accusing Roblox of inflating their user metrics and woefully allowing disturbing content on its platform that violate child safety laws. Plus, an HBO documentary promises to reveal the identity of Bitcoin's inventor. Something others that have tried but failed. Is this the real deal? Meanwhile, Uber has launched a slew of products that allow riders to hail EV-only cars and take a shuttle from Manhattan to LaGuardia Airport for only $18. Lastly, the popular Halloween chain, Spirit Halloween, is expanding into the white Winter Wonderland with a new store, Spirit Christmas.  00:00 - Hurricane Milton update 2:45 - US deficit hits $1.8T 8:10 - Godfather of AI gets a Nobel Prize 12:00 - Roblox is hot water 18:00 - Will the real Bitcoin inventor please stand up? 22:10 - Cheap rides from NYC to LGA? 26:00 - Spirit Halloween turns to Spirit Christmas Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. To learn more about how Wise could work for your business, visit https://wise.com/business/  Join us at our trivia night! Visit morningbrew.com/events to register  Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316  Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Strategies such as bundling policies, increasing deductibles, and exploring discounts for safety features or claims-free history can lead to substantial savings. Today's Stocks & Topics: FRO - Frontline PLC, Market Wrap, Required Minimum Distributions (RMDs), How to Save Big on Homeowners Insurance, WFC - Wells Fargo & Co., How to Invest, The Dollar, LEU - Centrus Energy Corp., IIPR - Innovative Industrial Properties Inc., CIVI - Civitas Resources Inc., Federal Deficit.Our Sponsors:* Check out PrizePicks: https://prizepicks.onelink.me/LME0/INVESTAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

By incorporating brokerage accounts, health savings accounts (HSAs), and other options, you can enhance tax efficiency and gain more control over your withdrawals.(This approach helps mitigate future tax burdens and provides greater flexibility in managing your retirement funds.)Also in this podcast: NVR - NVR Inc. (NYS); AMPH - Amphastar Pharmaceuticals Inc. (NAS); MU - Micron Technology Inc. (NAS); NXRT - NexPoint Residential Trust Inc. (NYS); FANG - Diamondback Energy Inc. (NAS); HII - Huntington Ingalls Industries Inc. (NYS); and a caller question asking about the best way to set-up a college funding mechanism-- for a newborn; also, Justin's MARKET WRAP UP, plus his topic talking points: "Federal Deficit" and "Mid Cap Stocks".Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Join Governor and Kendel Ehrlich for a rapid-fire discussion on trending topics making headlines this week. 

Mike Armstrong and Paul Lane discuss why voters have possibly moved past caring about the Federal deficit. Home buyers eye Cape Cod's risky oceanfront. Can free rent revive downtown San Francisco? Gen X retirement plans look shaky. Its the American Dream still alive? Your local malls will have a new anchor coming soon.

Traditional companies (such as oil, telecom, and automotive) are being disrupted by companies like Amazon, Nvidia, and Tesla, positioning individuals like Elon Musk, Jensen Huang, and Jeff Bezos to become the world's first trillionaires. This shift in wealth concentration poses significant challenges in society due to its magnitude and implications. The pace of technological advances in AI and computing is exponential compared to past industrial revolutions, and most cannot grasp the implications these advances will ultimately have. One insight rarely discussed due to regulatory constraints is the direct correlation between the rising U.S. federal deficit and the stock market's trajectory. Host Jack Russo and Pat Duke explore the backgrounds of today's billionaires, inherited wealth, and the “Overton window” spectrum of acceptability.   Jack Russo Managing Partner Jrusso@computerlaw.com www.computerlaw.com https://www.linkedin.com/in/jackrusso "Every Entrepreneur Imagines a Better World"®️  

Join Mike Maharrey and Tom DiLorenzo, as they discuss the real beneficiaries of all of the inflation continually created by the Federal Reserve, how our monetary policy harms savers and the elderly and also why gold and silver should be viewed not necessarily as an investment but more as insurance, and why everyone should own this financial insurance. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

On a special episode of the American Compass Podcast, progressive Representative Ro Khanna and Republican Chairman of the House Budget Committee Jodey Arrington each join Oren Cass to discuss plausible approaches to the federal deficit and what serious fiscal responsibility would look like given political realities within each of their parties.For more, check out the American Compass Collection on the budget: Return of the Fiscal Conservatives.

April 15, 2024Season 6 | Episode 14Unravel the intricacies of a world where finance and global politics collide head-on, and discover how they shape our investment decisions. As the ticking clock counts down to the April 15th tax deadline, we're here to arm you with the insights you need to navigate the murky waters of tax filings, extensions, and last-minute IRA contributions. But that's just the tip of the iceberg. The financial markets are reeling from underwhelming bank earnings and volatile market trends, all while the specter of geopolitical unrest looms large over the Middle East and Ukraine, threatening to further destabilize an already fragile economic equilibrium.With Keith by my side, we dissect the week's financial tumults and triumphs, analyzing everything from the unexpected bond yield spike to the ebbs and flows of stock market giants like Cisco and Goldman Sachs. We don't sugarcoat the setbacks, addressing Apple's logistical nightmares and the metals market's tremors in the wake of Russian sanctions. And as the geopolitical chess game intensifies, we scrutinize Israel's strategic posturing, the economic ramifications of Bitcoin halving, and the simmering political tensions back home as Trump voices his stance on Ukrainian aid. It's a whirlwind tour of the financial landscape, peppered with expert insights, designed to equip you with the knowledge to make informed choices in these unpredictable times.** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice. For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure **To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-formFollow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

Why are churches breaking apart? Luggage in the news. Why we can't clear out the homeless. Time to give a crap about the deficit.

The Federal Deficit is on the rise, can we stop it, or slow it down? Dr. Paul discuses with special guest Phillip Patrick.

In this episode of The Optimistic American, Paul Johnson reviews the second republican debate. He shares how Independent and unaffiliated voters will determine the next President and how they view the major talking points from the debate. Paul starts by describing how the second republican debate will affect Independent voters. The effect of Independent voters' impact on primaries are not easy to poll. According to Paul's background in presidential campaigns, Independent voters will determine the winner in the New Hampshire, and the debate will undoubtedly shape their opinions.  The debate at the Reagan Library raised Ronald Reagan's unique qualities that set him apart from other presidents. Paul goes through critical points from the debate and how each contestant addressed the controversial issues plaguing America today. Some of the main topics covered include: The Federal Deficit. Former New Jersey Governor Chris Christie said his top priority would be to rein in federal spending. Growing Powers of the Presidency. Mike Pence critiqued Donald Trump's new plan to centralize power in the Presidency if he wins, and shared his thoughts on why we should not increase the power of the presidency; instead make the federal government smaller. Child Care. Tim Scott talks about the ever-increasing childcare costs and how lowering taxes will mean Americans will have more in their pockets to take care of their families. The Ukraine Issue. Arguably the most important question asked in the debate. The presidential candidates showed a deep divide over America's involvement in the war. Supporters of Ukraine included Christie, Halley and Pense. Opponents included DeSantis and Ramaswamy. Abortion Rights. The pro-life and pro-choice debate was another controversial issue regarding being 100% pro life versus finding middle ground.  Paul believes this will be crucial in swaying the independent voters. Paul supported Halley's position on fixing healthcare in America until we figure out how to reduce claims costs. In healthcare, there is no better way to do that than the private sector route. If allowed to do so, the private sector can do a better job of cutting claims costs than the government. The candidates discussed whether AI technology is good or bad for Americans. Paul explains that although AI technology may have some risks, it's a much bigger risk if we allow China to get AI technology before we do. For Paul, the clear winners from the debate were Governor Nikki Haley and former New Jersey Governor Chris Christie. Both had a solid performance and will undoubtedly see their numbers grow.     Mentioned in This Episode: optamerican.com Addictive Ideologies: Finding Meaning and Agency When Politics Fail You by Dr Emily Bashah and Hon Paul Johnson The Optimistic American on YouTube - @optamerican Become a premium supporter of the show: OptAmerican.com/premium Optimistic American Worksheet Downloads - OptAmerican.com/worksheets Dr. Emily Bashah A Nation of Victims: The Decay of the American Character by Charles J. Sykes

Let’s say your family is making $85K a year… but you spend $122K a year… that’s what our federal government is doing as the federal deficit just hit $2T dollars… Dave and Marty discuss this issue, what the democrats and republicans both want, and why this is the reason there is no Speaker of the House today

Tommy talks with Marc Goldwein, Senior Vice President and policy director for the Committee for a Responsible Federal Budget

In this episode, Scott discusses the federal deficit and the importance of getting spending under control.

In an idealized world of medical practice, you would go to the doctor, describe a few symptoms, undergo a few tests and then listen carefully to the doctor's diagnosis, prognosis and prescription. The diagnosis might well be due to something entirely out of your control and the prescription would often be a pharmaceutical. However, very frequently, the prescription would be in the form of advice on life-style changes. In an idealized world, you would take that advice and implement it.

Tom and Andy discuss the ongoing crime wave in the Twin Cities and a report that indicates the US governments deficit this year will likely be twice as large as the 2022 deficit.

On Episode 15 of the D.C. Debrief, host John Stolnis speaks with Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget about this year's federal deficit expected to grow by two trillion dollars this year. Also, the Senate returns as battles over spending on Ukraine, natural disasters and avoiding a government shutdown loom, North Korea and Russia appear to be talking about an arms deal, and a record sentence is handed down for a January 6th defendant.

Mike talks about the price of oil and rent control and laws.See omnystudio.com/listener for privacy information.

Steven Abramowicz CEO & Editor in Chief of the Mill Creek View newspaper & host of the Mill Creek View Tennessee podcast. 1.) Federal deficit hit $1.6 trillion in first 10 months of FY23, more than double last year's shortfall 2.) Two Buyers of Hunter Biden's Art Have Been Unmasked, Despite Attempts to Keep Their Names Secret 3.) This Steams My Clams: Ivermectin Is Suddenly OK for COVID?

This week on Facing the Future, we get an update from Concord Coalition policy director Tori Gorman and chief economist Steve Robinson on the latest economic news plus the looming Congressional battle over appropriations bills for the next fiscal year. No agreement by the end of the current fiscal year on September 30th could force a partial government shutdown. Plus, we visit New Hampshire Boys State where a group of high school students were engaged in serious policy debates over how to reduce the federal deficit over the next 10 years as they took on the Principles and Priorities budget exercise.

Meredith Smith and Judy Vorndran host Wendy Walker, a Solution Principal at Sovos, in the latest episode of the SALTovation podcast. They discuss the Inflation Reduction Act, which provided the IRS with $80 billion to upgrade the taxpayer experience. The recent Taxpayer Advocate Report to Congress, however, revealed that the IRS is short-staffed and underfunded, resulting in a surge of unanswered phone calls and delayed correspondence, which is causing a rising federal deficit. Wendy and Meredith suggest potential solutions for the IRS, such as acquiring funding to improve their service and transitioning from conventional communication methods to modern ones. Topics discussed in this episode:What is the Inflation Reduction Act?IRS Funding and Taxpayer Experience ImprovementPotential Improvements for IRS: Modernization What You Will Learn:7:53 IRS Focus on Digital Asset Reporting, Modernization, and Tax Literacy15:00 Benefits of the Child Tax Credit and Taxpayer Education Efforts16:04 IRS Funding for Pre-Filing Services, Education, and Taxpayer AdvocacyQuotables:“In 2020, the Taxpayer Advocate Report to Congress indicated that the third most serious problem that the IRS faced is that they are significantly underfunded to service taxpayers and collect tax. The report cited that they're unable to answer millions of taxpayer phone calls, they're unable to process timely correspondence, and that our federal deficit continues to grow as a result of that underfunding.” -Wendy Walker [00:55]“How many people want to do a job that feels like everybody's mad at you? Right. How do you encourage a culture that takes care of these people who are trying to care for the people? So we have to make it like, less adversarial, but then also generate those people to come in.” -Judy Vorndran [07:09]“99% of the revenues that our federal government operates on get collected by the IRS. So you would think that we would be more concerned with ensuring they had the funds and the people right to make sure those systems can do that efficiently.” -Wendy Walker [07:53]“The IRS doesn't have funding to do any of that education outreach on their normal appropriations that they're given from Congress. So funding is important for the IRS to be able to bring things out of paper publications that are really hard to find and are buried and get them out onto the Internet leverage searches so that taxpayers can really take advantage of some education before filing.“ -Wendy Walker [16:47]

A massive winter storm causes travel chaos, the Federal Deficit hits a record-high, the CDC urges folks to bring back the facemask, a survey ranks the cleanest cities in the USA. Plus, the message of the day, how to slow down on Christmas weekend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Voters rank ‘Government' the biggest problem facing the nation, the Federal Deficit hits a record-high, Ron DeSantis targets pharmaceutical companies behind the Covid vax, New Zealand becomes the first country to ban cigarettes for the next generation. Plus, Bill's Message of the Day, why is Kamala Harris so unpopular? Learn more about your ad choices. Visit megaphone.fm/adchoices

Guest Hosts: Leah Murray and Marty Carpenter Right now, Congress is negotiating its end of the year spending package before the December 16th deadline. So, it's a good time to bring up Congress' spending problem and ballooning federal deficit. At our current rate... in 10 years the US will have more debt than it did after World War 2. Romina Boccia from the Cato Institute breaks down what we need to do to get our deficit under control. See omnystudio.com/listener for privacy information.

On today's Daily Signal Top News, we break down: Biden touts $1.4 trillion drop in federal budget deficitJustice Sotomayor compliments Justice ThomasTikTok denies using location data to track peopleJan. 6 Committee subpoenas Trump and sentences Steve Bannon Hosted on Acast. See acast.com/privacy for more information.