How America's Debt Spiral Could Spark The Next Crisis
19:24
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How America's Debt Spiral Could Spark The Next Crisis
Independent analyses, ranging from Yale University to the Wharton School to the Congressional Budget Office, have each said that President Trump’s Big Beautiful Bill will add trillions of dollars to the U.S. deficit over the next 10 years. Yet, this year, the U.S. deficit is already exceeding 6 percent of GDP, a level roughly 63 percent ...
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Full roundtable discussion | The state's $18-billion deficit | California Politics 360
Full roundtable discussion | The state's $18-billion deficit | California Politics 360
YouTube1 week ago
California is staring down a major budget problem and the numbers are only getting worse. According to the Legislative Analyst’s Office, the state is projected to face an $18 billion deficit next year and a staggering $35 billion deficit the year after that. The issue, they say, is simple: California is spending more than it’s bringing in. Governor Gavin Newsom has floated several ideas to stabilize the state’s finances. One group, Californians United for a Responsible Budget, says the answer is
California is staring down a major budget problem and the numbers are only getting worse. According to the Legislative Analyst’s Office, the state is projected to face an $18 billion deficit next year and a staggering $35 billion deficit the year after that. The issue, they say, is simple: California is spending more than it’s bringing in. Governor Gavin Newsom has floated several ideas to stabilize the state’s finances. One group, Californians United for a Responsible Budget, says the answer is
Facebook1 week ago
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