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Hollywood has reportedly received a whopping $25 billion in state tax incentives to date — a win for studios like Disney and Netflix but a big “L” for ordinary taxpayers, who are footing the bill for the giveaways. Frequently championed by Democrats, state tax credits for movie and TV productions are intended to juice local economies by creating jobs and boosting revenue for small businesses that provide services like catering and transportation. That, in turn, is supposed to generate more tax dollars. But despite the $25 billion spent so far, states are seeing paltry returns on their investment — sometimes...

Former Secretary of State Hillary Clinton said Tuesday that the “only person who can say they were better off four years ago” is former President Trump, in the wake of legal woes he has faced. “Multiple indictments and half a billion dollars in civil liability later, pretty much the only person who can say they were better off four years ago is Donald Trump,” Clinton said in a post on X, the platform formerly known as Twitter. The comments from Trump’s rival for the 2016 presidential race follow the former president’s lawyers indicating in a Monday court filing that Trump...

The California High-Speed Rail Authority will need an additional $100 billion — above the nearly $30 billion it already has — to complete its original route from San Francisco to Los Angeles, CEO Brian Kelly told state legislators this week. As Breitbart News noted in 2023, the project was set to cost $100 billion more than the $33 billion voters originally approved in 2008. And as Breitbart News was first to report in 2014, the journey from San Francisco to Los Angeles would not take less than three hours, as originally promised to the California electorate when they approved the...

Tranheuser-Busch claimed it earned record revenues in 2023 but admitted its “full growth potential was constrained” in the U.S. due to a boycott after Bud Light signed transvestite Dylan Mulvaney as a sponsor. Yeah, “constrained” by $1.4 BILLION. In North America, organic revenue, seen as the best measure of operating performance, plunged $1.4 billion last year as beer sales by volume tumbled in the region, primarily due to a decline in Bud Light sales in the United States. Beer makes up the lion’s share of Anheuser-Busch InBev’s revenue. Bud Light sales tanked after the company’s partnership with Mulvaney last April...

State records show that Massachusetts is spending about $64 per migrant per day to feed those in state care, a cost that is contributing to the expected one billion dollars in expenses to be spent by the Bay State by 2025. The latest numbers show that the state is paying out $16 for breakfast, $17 for lunch, and a whopping $31 for every dinner every day, according to WBZ-TV. All of this is an commercial for Donald Trump at this point. Illegal immigrants are living good while taxpayers have to get up at 6:30 in the morning to go jobs...

Former President Donald Trump must pay nearly half a billion dollars as a bond to New York State before he can appeal the ruling by Judge Arthur Engoron last week that he must pay $354 million in fines — over $450 million, with interest — for fraud. Critics have noted that Trump is the only person ever to be sued under an obscure New York fraud statute that does not require any harm be done, and that effectively criminalizes the everyday practice of real estate valuations in negotiations with banks. Though Attorney General Letitia James — who ran for office...

The World Health Organization (W.H.O.) on Monday issued an appeal from its Geneva, Switzerland, headquarters for upwards of $1.5 billion in additional funding to respond to health crises it sees evolving around the world. “We aim to reach some 87 million people with life-saving humanitarian assistance this year,” said W.H.O. Director General Tedros Adhanom Ghebreyesus, Reuters reports.

Older Americans reportedly lost $1.1 billion to fraud in 2022, according to the annual Senate Committee on Aging report released this month, and most of the scams utilized AI technology to clone the voices of people they knew and other AI-generated ploys. During a Thursday committee hearing on AI scams, committee chairman Sen. Bob Casey, D-Pa., published the group’s annual fraud book highlighting the top scams last year. It found that from January 2020 to June 2021, the FBI found "individuals reportedly lost $13 million to grandparent and person-in-need scams." Sen. Elizabeth Warren, D-Mass, also a member of the committee,...

A new report from Michigan’s auditor general found the state spent $18.1 billion in COVID-19 related funding from the beginning of the pandemic through June 2023. Roughly $11.7 billion of that total came after July 2021, the report found, outside of the scope of the auditor general’s report, and largely through the use of federal funds. More than $17.6 billion of the money Michigan spent that qualified as “COVID-19 expenditures” came from the federal government, while the state spent less than $500 million from its own treasury.

Researchers from Canada and Australia have published a study predicting a remarkable one billion deaths from climate change over the next 100 years. Citing a “scientific consensus,” the authors analyzed 180 studies on climate change and mortality, converging on a “1000-ton rule,” which means for every 1,000 tons of fossil fuel burned, a person dies. The article, published in the journal Energies, contends that “a future person is killed every time humanity burns 1000 tons of fossil carbon,” based on a calculation that “burning a trillion tons of fossil carbon will cause 2°C of anthropogenic global warming (AGW), which in...

President Joe Biden will ask for $25 billion in aid for Ukraine, according to multiple reports. Multiple reports found Biden is expected to unveil a Ukraine aid package request north of $25 billion, which would include $13 billion in military assistance and $12 billion for disaster relief. This aid request would set up a battle between many Republicans that are increasingly skeptical about providing aid and defense hawks who wish to continue funding Ukraine’s seemingly endless conflict with Russia.

New York City taxpayers may spend $12 billion on waves of border crossers and illegal aliens arriving in the city daily, triple the cost previously projected by Mayor Eric Adams (D). On Wednesday, Adams announced that nearly 100,000 border crossers and illegal aliens have arrived in New York City since the spring of last year — about 18 times the population of Saratoga, New York. Close to 60,000 of those migrants remain living off city taxpayers.

A Powerball player in California won the massive $1.08 billion jackpot, the lottery game’s third-largest prize Wednesday night. The winning numbers were 7, 10, 11, 13, 24, and the red Powerball 24. The winning ticket was sold at Las Palmitas Mini Market convenience store in downtown Los Angeles, according to the California lottery. The Post has reached out to the store for comment. The newest billionaire will be able to choose from the $1.08 billion payday or a lump sum payment estimated at $558.1 million.

The nation’s illegal alien population has hit nearly 17 million, an increase of more than two million since President Joe Biden began implementing his Catch and Release network at the United States–Mexico border, an analysis reveals. The Federation for American Immigration Reform (FAIR) released its annual report estimating the size of the illegal alien population residing in the United States. Based on the latest Census Bureau data, FAIR researchers found that there are at least 16.8 million illegal aliens now living in American communities — an increase of 2.3 million illegal aliens since Biden took office in January 2021 and...

FLINT, Michigan (AP) — General Motors plans to invest more than $1 billion in two Flint, Michigan, manufacturing plants for the production of the next-generation internal combustion engine heavy-duty trucks. Gerald Johnson, executive vice president, Global Manufacturing and Sustainability, said Monday that the company will build internal combustion vehicles throughout this decade, in addition to making electric vehicles. GM has a goal of building only electric passenger vehicles in the United States by 2035.

The U.S. government has given Chinese and Russian entities at least $1.3 billion for various research programs over the past five years, according to an analysis released Wednesday by Republican Iowa Sen. Joni Ernst and watchdog group Open the Books. The analysis revealed that millions of taxpayer dollars have been given to, among others, a Chinese software developer for military tech support, a Russian health insurance provider that has since been sanctioned and Chinese agriculture companies. And it showed the federal government gave $2 million, more than previously reported, to the Chinese state-run Wuhan lab studying bat coronaviruses. "Washington’s continued...

San Francisco's proposed reparation payments to eligible Black residents could cost the city over $100 billion dollars, the New York Times reported Friday. San Francisco's African American Reparations Advisory Committee unveiled its recommendation in January, arguing that the city owed millions of dollars in compensation to Black residents for decades of discrimination. "The $5 million payments could top $100 billion — many times the $14 billion annual budget in San Francisco — and London Breed, the city’s mayor, has not committed to cash reparations," the Times said.

The luckiest guy around is at it again -- buying up property with the record-setting $2 billion Powerball jackpot he won in November, CBS Angeles reports. After claiming his win last month, Edwin Castro bought a $25 million Hollywood Hills bachelor pad. And records show he just bought another home, for $4 million, in Altadena -- a short distance from the gas station where he purchased the winning ticket. Dirt.com describes the 1953-built five-bedroom, four-bath home as modern, with Japanese influence and Palm Springs vibes. Two of the bedrooms were configured as an art studio and a soundproof movie theater,...

March Madness tips off this week and about one-quarter of all American adults are poised to collectively bet $15.5 billion on this year’s NCAA men’s Division I basketball tournament, according to data from the American Gaming Association (AGA). The AGA conducted a survey that found 68 million American adults will place bets on March Madness this year, with the vast majority – 56.3 million – planning to participate in a bracket contest. About 31 million Americans will place a traditional wager online, with a retail sportsbook, or with a bookie, while another 21.5 million plan to bet casually with friends....

The US will provide additional economic assistance of $10 billion to Ukraine in the coming days, US Treasury Secretary Janet Yellen said Thursday. At a media briefing held on the sidelines of the first G-20 Finance Ministers and Central Bank Governors’ (FMCBG) Meet, she said that the United States had already provided 46 billion dollars in security, economic and humanitarian aid.