Free Republic 2nd Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $22,632
27%  
Woo hoo!! And now only $48 to reach 28%!! Thank you all for your continued support!! God bless.

Keyword: deficit

Brevity: Headers | « Text »
  • EPA, HHS announces nearly $1B for states to tackle unsafe-levels of PFAS in drinking water

    05/18/2026 9:59:17 PM PDT · by thegagline · 17 replies
    WGME ^ | 05/18/2026 | Mina Allen
    EPA Administrator Lee Zeldin and Department of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. announced on Monday efforts to combat per- and polyfluoroalkyl substances (PFAS) during a roundtable.During the roundtable, the EPA proposed advancing a comprehensive, lifecycle-based strategy to address unsafe levels of PFAS, known as "forever chemicals," in drinking water. As part of the new strategy, RFK Jr. announced nearly $1 billion in new funding to states set to address PFAS in drinking water. "EPA and HHS are addressing PFAS at every stage contamination, exposure to treatment, monitoring and long-term research. Americans want honest science, accountability...
  • New estimated US price tag for war in Iran now up to $29 billion

    05/12/2026 3:07:06 PM PDT · by Responsibility2nd · 42 replies
    New York Post ^ | 05/12/2026 | Ryan King
    WASHINGTON — The estimated price tag for the war in Iran so far has jumped to $29 billion, up from the $25 billion figure given at the end of April, a senior Pentagon official revealed Tuesday. Jules Hurst, acting under secretary of Defense who serves as the de facto chief financial officer at the Pentagon, told the House Appropriations Subcommittee on Defense that the higher amount came from a further crunching of the numbers. “The Joint Staff team, with the comptroller team are constantly looking at that estimate, and so now we think it’s closer to [$]29 [billion],” Hurst said....
  • Trump says he aims to suspend gas tax "for a period of time"

    05/11/2026 8:47:06 AM PDT · by deport · 63 replies
    CBS News ^ | 5-11-20 | Nancy Cordes
    Washington — President Trump said in a phone interview with CBS News Monday morning that he aims to suspend the federal gas tax "for a period of time." "I think it's a great idea," the president said. "Yup, we're going to take off the gas tax for a period of time, and when gas goes down, we'll let it phase back in." Gas prices have soared over 50% since the start of the Iran war on Feb. 28, hitting a high of over $4.52 on Sunday, according to AAA. Analysts say the prices are likely to remain high with Iran...
  • As U.S. Debt Hits a Worrying Milestone, Washington Barely Notices

    05/07/2026 12:53:26 PM PDT · by Miami Rebel · 17 replies
    New York Times ^ | May 7, 2026 | Tony Romm
    The U.S. government learned last week that it may have reached an unfortunate milestone: The size of its debt surpassed the nation’s total economic output. It was a striking imbalance, according to early estimates, one that the country has experienced only in rare circumstances — briefly during the pandemic, and in the aftermath of World War II. But the development barely seemed to register in the nation’s capital, where few policymakers bothered to acknowledge the latest warning sign about the government’s poor fiscal health. The root of the problem is well-documented and widely known. U.S. debt has soared in recent...
  • How to check if you’re eligible for new Trump retirement accounts – and how much in matching contributions you can get

    05/01/2026 6:14:14 AM PDT · by Libloather · 30 replies
    NY Post ^ | 4/30/26 | Victor Nava
    President Trump signed an executive order Thursday aimed at getting tens of millions of American workers enrolled in retirement accounts. The order further directs the Treasury Department to implement the Federal Saver’s Match program to boost Individual Retirement Account (IRA) savings. Here’s what you need to know about the new accounts and the billions of dollars in federal matching available. Who is eligible? Through the website TrumpIRA.gov – launching in January 2027 – all Americans will be eligible to browse and enroll in “high-quality, low-cost” IRA plans offered by private-sector financial institutions. The plans offered will cater to “American workers...
  • The national debt is the same size as the economy. It’s a ‘disturbing warning and a call to action’

    05/03/2026 9:35:28 AM PDT · by CondoleezzaProtege · 23 replies
    Fortune ^ | Mar 1, 2026 | Nick Lichtenberg
    Six months before Election Day, America’s $39 trillion national debt has moved from an abstract fiscal concern to a dinner-table anxiety… A new national survey released Thursday by the Peter G. Peterson Foundation found that 92% of registered voters are concerned that the national debt is fueling inflation and driving up their personal cost of living, including prices for groceries, energy, housing, and transportation. The figure includes 94% of Democrats, 92% of independents, and 89% of Republicans — a degree of bipartisan alignment rarely seen in today’s fractured political environment… The concern extends beyond deficits in the abstract. Eighty-eight percent...
  • House Republican calls national debt ‘ticking time bomb’

    05/02/2026 8:57:07 AM PDT · by RandFan · 51 replies
    The Hill ^ | 05/02/26 9:22 AM ET | by Ryan Mancini
    Rep. Chip Roy (R-Texas) on Friday warned that the growing national debt is “a ticking time bomb” and he called on his fellow lawmakers to do “much more.” The U.S. national debt crossed 100 percent of gross domestic product (GDP) at the end of the first quarter, the first time the debt crossed that line since 1946. The debt surpassed $39 trillion in March, a mere five months after it reached $38 trillion. Roy told Fox Business’s Cheryl Casone that the debt is “a ticking time bomb and that some of us have been talking about for a long time.”...
  • Hegseth says $400M in Ukraine support released after McConnell’s angry op-ed

    04/29/2026 3:32:38 PM PDT · by MinorityRepublican · 38 replies
    The Hill ^ | 04/29/26 | Ashleigh Fields
    Defense Secretary Pete Hegseth on Wednesday said $400 million in Ukraine support was released after Sen. Mitch McConnell (R-Ky.) penned an angry op-ed criticizing the stall in funding. “The department recognizes that $400 million was allocated for European capacity building, and as of yesterday, it has been released,” Hegseth said in response to a question about the aid from Rep. Sarah Elfreth (D-Md.). Elfreth followed up to ask whether the money was released under contract. Pentagon Comptroller Jules Hurst III said the aid was “not under contract, but released to be put under contract.” When pressed by Elfreth on when...
  • 2 GOP senators break ranks on final Senate budget vote

    04/24/2026 11:42:24 PM PDT · by RandFan · 40 replies
    The Hill ^ | 04/23/26 4:18 AM ET | by Alexander Bolton -
    Sens. Lisa Murkowski (R-Alaska) and Rand Paul (R-Ky.) broke ranks Thursday morning and voted against a budget resolution that could set the stage for ending the two-month shutdown of the Department of Homeland Security. Murkowski, a senior member of the Senate Appropriations Committee, opposed the budget resolution because it would lay the groundwork for passing a budget reconciliation package to fund Immigration and Customs Enforcement (ICE) and Border Patrol for 3 1/2 years — effectively taking those two key agencies out of the annual congressional appropriations process. Murkowski supports funding those critical immigration enforcement agencies, but she didn’t like that...
  • Trump administration and Spirit Airlines in advanced discussions over bailout, sources say

    04/23/2026 3:27:29 PM PDT · by Miami Rebel · 40 replies
    CBS ^ | April 22, 2026 | Kris van Cleave
    The Trump administration is in advanced discussions with budget carrier Spirit Airlines about a bailout, sources familiar with the negotiations told CBS News. The financing package could include a loan of up to $500 million, in exchange for warrants that would allow the federal government to take a potentially substantial ownership stake in the beleaguered airline, the sources said. Commerce Secretary Howard Lutnick is one of the chief proponents pushing the Trump administration to take an ownership stake in the carrier, multiple sources told CBS News. The deal is not done and is subject to change, but could be finalized...
  • Trump admin to begin refunding $166B to businesses in wake of Supreme Court decision

    04/20/2026 6:08:49 AM PDT · by TexasGunLover · 79 replies
    Fox Business ^ | April 20, 2026 7:37am EDT | Bradford Betz
    Businesses can begin filing for tariff refunds on Monday as the federal government starts unwinding billions of dollars in import duties imposed by the Trump administration under emergency powers, opening the door to what could be one of the largest repayments to importers in U.S. history.
  • Fury as new Social Security estimate completely ignores out-of-control price increases raging across America

    04/16/2026 9:38:28 AM PDT · by Angelino97 · 120 replies
    Daily Mail ^ | April 16, 2026 | Benjamin Curry
    There’s a new forecast of the Social Security boost retirees should expect in 2027 - and it’s a huge disappointment for the millions of Americans who depend on their bi-monthly benefit checks... Older Americans absolutely rely on this so-called ‘cost of living adjustment’ or COLA, since more than 40 percent of them depend on Social Security alone for all of their retirement income. The new estimate of the forthcoming official 2027 cost-of-living adjustment shows the average Social Security benefit check will only rise by $56, or roughly 2.8 percent. The average benefits check for retired workers would increase to $2,081...
  • Tax refunds swell thanks to Trump’s worker-friendly deductions in the ‘Big Beautiful Bill’: ‘He knows what he’s doing’

    04/16/2026 5:40:01 PM PDT · by Libloather · 30 replies
    NY Post ^ | 4/16/26 | Khristina Narizhnaya, Alex Mitchell, Anna Young
    It’s One Big Beautiful refund. Americans are rolling in the dough this tax season thanks to a bevy of new reforms passed by the Trump administration that have boosted returns by double digits. More than 53 million taxpayers cashed in after taking advantage of new deductions included in President Trump’s signature “One Big Beautiful Bill Act,” including tax-free tips and overtime, cheaper car loan interest and senior write-offs. The tax breaks translated to a surge in refunds — as filers in 2026 took home, on average, $3,462, or 11.1% more than last year, IRS data shows. The numbers are even...
  • New Trump Budget Proposes Big Defense Budget Boost, Welfare Cuts

    04/04/2026 11:12:44 PM PDT · by Angelino97 · 17 replies
    The American Conservative ^ | Joseph Addington | Joseph Addington
    President Donald Trump proposed Friday a $1.5 trillion defense budget for 2027, a dramatic increase that would mark one of the largest Pentagon funding requests in decades and underscores his push to prioritize military spending over domestic programs. The budget blueprint, released by the White House, would cut non-defense spending by 10 percent and shift some responsibilities to states and local governments. The plan also calls for maintaining immigration enforcement funding, increasing Justice Department spending by 13 percent, adding money for air traffic controller hiring and setting aside $10 billion for National Park Service beautification projects in Washington. The increases...
  • When the Balanced Budget Amendment Crashed and Burned: It was only recently, and no one seems interested in talking about it.

    04/04/2026 9:32:18 PM PDT · by SeekAndFind · 16 replies
    American Thinker ^ | 04/04/2026 | Jay Rogers
    On March 18, 2026, the House of Representatives voted on H.J. Res. 139, a constitutional amendment requiring a balanced federal budget. The roll call was 211-207. Every Republican voted yes. Every Democrat voted no, save one — a defection that will presumably not be celebrated at the next caucus retreat. Under suspension of the rules, passage required 291 votes. The final count was 80 votes short. This is not a near miss. It is a structural diagnosis rendered as a procedural vote.AdvertisementThe same week, gross national debt crossed $39 trillion — $39,016,762,910,245.14 on March 17. That milestone arrived five months...
  • Trump asks for eye-popping number to fund Pentagon as he rips through $1 billion per DAY on Iran war

    04/03/2026 3:14:53 PM PDT · by Kleon · 132 replies
    Daily Mail ^ | 3 April 2026
    President Donald Trump is asking for an eye-popping $1.5 trillion to fund the Pentagon in the budget proposal the White House released Friday. With the war with Iran ongoing, Trump has pushed that more money is needing to fund the US military and less on social programs. 'We're fighting wars, we can't take care of daycare,' he muttered at Wednesday's Easter lunch, which was closed to press, but video was accidentally posted online.
  • Rep. Mace is saying she will vote against DoD funding if they put boots on the ground

    03/25/2026 10:56:21 PM PDT · by RandFan · 49 replies
    X ^ | March 26 | Rep .Nancy Mace
    @RepNancyMace Washington’s war machine has spent decades sending our sons and daughters into endless conflicts in the Middle East, with no clear exit strategy, all to serve the interests of powerful politicians. We will not stand for it. We will not sacrifice American lives for the same failed foreign policies. The war machine may be willing to give the lives of your sons and daughters for the price of oil, but we are not.
  • As U.S. stockpiles dwindle, low-cost alternatives to Pentagon’s munitions are still years away

    03/25/2026 4:10:02 AM PDT · by McGruff · 65 replies
    The Washington Times ^ | March 24, 2026 | John T. Seward
    Low-cost alternatives to the multimillion-dollar missiles the U.S. is using in its war against Iran are still years away, key Pentagon officials said Tuesday, leaving the military reliant on high-cost munitions that are increasingly in short supply. The U.S.-Israel campaign against Iran has burned through complex weapons that cannot be replaced quickly or affordably enough to maintain the Pentagon’s usual stockpiles. Military officials said at a Senate Armed Services Committee briefing that cheaper munitions are on the long-term horizon, but the U.S. industrial base still needs time to scale up to the Defense Department’s increasing needs. Expanding the American industrial...
  • The Treasury just declared the U.S. insolvent. The media missed it

    03/23/2026 7:08:54 PM PDT · by logi_cal869 · 53 replies
    Fortune via Yahoo ^ | 3/23/2026 | Steve H. Hanke, David M. Walker
    The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s own consolidated financial statements for fiscal year 2025, released last week to near-total media silence. The numbers: $6.06 trillion in total assets against $47.78 trillion in total liabilities as of September 30, 2025. Importantly, the $47.78 trillion in reported liabilities does not include the unfunded obligations of social insurance programs like Social Security and Medicare — those are disclosed separately in the off-balance-sheet Statement of Social Insurance (SOSI). The government’s consolidated balance sheet position, excluding the SOSI, deteriorated by nearly $2.07 trillion...
  • Rep. Boebert is a NO on $200 billion Iran War supplemental

    03/19/2026 11:39:36 PM PDT · by RandFan · 106 replies
    X ^ | March 19 | Rep. Boebert
    @Acyn Boebert: I am so tired of spending money elsewhere. I am tired of the industrial war complex getting all of our hard earned tax dollars. I have folks in Colorado who can't afford to live. We need America first policies right now.