The federal government has borrowed roughly $1.2 trillion in the eight-month period ending in May, the Congressional Budget Office (CBO) estimated in a report on Monday. The nonpartisan budget scorekeeper said the figure is $38 billion above the federal budget deficit recorded during the same period in fiscal 2023. Total outlays were up 8 percent...
Former President Trump will meet Thursday with a group of Senate Republicans in Washington, D.C., sources confirmed to The Hill. The former president will be in the capital for a discussion hosted by the Business Roundtable. Following that meeting, he will sit down with GOP senators for what officials said will be a policy-focused talk...
President Biden will hold an early Juneteenth celebration Monday evening with headliners Gladys Knight and Patti LaBelle, known as the “Empress of Soul” and “Godmother of Soul,” respectively. Observed each June 19, Juneteenth has grown into a national commemoration of freedom for Black Americans. The holiday began as a regional remembrance of the day in...
The number of United States millionaires grew by around 500,000 last year, outpacing other countries in the process, according to a new study. The U.S. population of "high-net-worth individuals" grew by 7.3 percent and now sits with over 7.4 million, according to a recent report from Capgemini. In 2022, there were 6.9 million. Capgemini, a...
Ukraine says it targeted and destroyed one of Russia’s most advanced fighter jets in a strike over the weekend. The Ukrainian Defense Intelligence Agency announced the strike Sunday, saying that it targeted Sukhoi Su-57 fighter jets over the weekend in the Akhtubinsk airfield, which is 360 miles behind the front line of the conflict. The...
Lobby groups representing water utilities, as well as the chemical and manufacturing industries, have filed court challenges to a Biden administration rule that seeks to limit the presence of toxic chemicals in drinking water. The American Water Works Association and the Association of Metropolitan Water Agencies filed a petition on Friday challenging new drinking water...