US Economy

TL/DR - The U.S. government's budget deficit for Q1 of its fiscal 2024 year hit nearly $510 billion, according to a report by the Treasury Department. The increased deficit has pushed the total government debt past $34 trillion for the first time. Despite the Biden administration's assurances that the Inflation Reduction Act would reduce the…

TL/DR - A panel of health experts in Nevada highlighted the need for more funding to improve the state's health outcomes. Despite progress made in areas such as insurance coverage and teen birth rate reduction, they noted that federal funding for new or expanded programs often comes in the form of temporary grants, as seen with the expansion of…

TL/DR - The US Treasury Secretary Janet Yellen anticipates robust economic growth in 2023, despite predictions otherwise, expecting new business startups to continue at record pace, unemployment rates to fall below 4%, and improvements in middle-income households' wealth and purchasing power. Four economic measures - the American Rescue Plan, the…

TL/DR - U.S. senators Jeanne Shaheen and Maggie Hassan, alongside U.S. Representative Annie Kuster, and U.S. Secretary of Energy Jennifer Granholm visited Turn Cycle Solutions in Nashua, New Hampshire to discuss energy efficiency initiatives. The visit aimed to highlight the impact of the Bipartisan Infrastructure Law and the Inflation Reduction…