How did the deficit reach nearly $2 trillion in a year without a pandemic or recession? Our latest podcast episode breaks down decades of spending decisions, from emergency response to commitments Washington never offset. Listen: https://t.co/Fv8qssExzS
Prices go up like a rocket and come down like a feather. New research from the NY Fed helps explain why that's especially true for tariffs. Paired with the latest inflation report, it paints a troubling picture for consumers. Our analysis connects the dots. https://t.co/oF7ukTPIen
Congress never authorized the Iran War, but American taxpayers are still footing the bill. With billions already spent and costs continuing to grow, Congress must exercise its power of the purse to rein in this costly conflict. https://t.co/u5ej2GQmxq
To date, the Administration cancelled 12 offshore wind leases that would have provided enough power 6.6 million households. The cancellation cost taxpayers $3.9 billion. Our Five Fast Facts break down what’s at stake in the federal offshore wind buyouts https://t.co/q0WzbDSO7e
Flood prevention saves taxpayers money. CBO estimates that every $1 billion spent on flood mitigation could save $1.4 billion to $1.8 billion in future federal disaster relief. Investing in prevention now can save taxpayers billions down the road. https://t.co/9sLnKUNR9v
Commerce Sec. Lutnick reportedly helped derail tariff talks with Canada. Now his opposition to tariff cuts is slowing a Mexico deal. Both countries already signed Trump’s signature trade agreement from his 1st term. What happened?
https://t.co/ahMFRuzcNr
Methane waste is a lose-lose-lose: it depletes American resources, drains revenue from federal and state budgets, and adds healthy and safety risks for nearby communities. EPA’s recent announcement to weaken these commonsense standards would only make matters worse. https://t.co/Q4hIFBxwPl
$3.1 billion. Every day. Just in interest. Interest on the national debt is now the second-largest expense in the federal budget. What does that mean for taxpayers? Find out on the latest Budget Watchdog All Federal: https://t.co/Fv8qssExzS
Today’s trade news has a twist. Automakers say tariffs on Mexico and cumbersome rebates are pushing some production to Asia. That’s an odd way to rebuild American manufacturing. We explain the bigger problem.
https://t.co/ahMFRuzcNr
Wildfires are burning hotter and more often than ever. The Senate passed the bipartisan Wildfire Emissions Prevention Act which would cut Clean Air Act red tape to make it easier to use prescribed fire. https://t.co/IW4XsMBbWP
The Iran War has cost taxpayers $45.1 billion through Sept. 3. That's billions of dollars that could have gone towards disaster preparedness, infrastructure, or reducing the deficit. Instead, the cost of this war keeps growing. https://t.co/u5ej2GQmxq
A U.S.-Mexico tariff deal was getting close. Then Commerce Sec. Lutnick opposed cuts to auto and metals tariffs, reportedly slowing talks. The “greatest trade deal ever” keeps running into the administration that negotiated it. Our take.
https://t.co/ahMFRuzcNr
EPA's interim final rule extending the deadline for companies to report their 2025 emissions under the Greenhouse Gas Reporting Program (GHGRP) is part of a broader movement to weaken transparency & accountability by dismantling public access to data. https://t.co/FMwFVPfw3G
Millions of Americans are at risk of flooding without adequate insurance. GAO found that 86% of high-risk properties lack coverage through the National Flood Insurance Program. Better flood prevention and risk communication can protect homeowners and reduce future costs for taxpayers. https://t.co/VlMwjAEE4C
Inflation is back up to 3.7%. But the latest numbers only tell part of the story. New research from the NY Fed shows how tariffs are making goods more expensive, including products made in America, and why those increases stick around. Dig deeper into the numbers. https://t.co/oF7ukTPIen
Energy companies paid billions at auction to secure federal offshore wind leases. Now the Administration is offering $3.9 billion to pressure them to walk away from their wind projects. Here are Five Fast Facts on what the buyouts mean for taxpayers. https://t.co/q0WzbDSO7e
Today EPA published an interim final rule further pushing the deadline for companies to report 2025 emissions under the Greenhouse Gas Reporting Program. The goal: to buy time to dismantle a program that taxpayers depend on. https://t.co/FMwFVPfw3G
Companies paid billions at competitive auctions for offshore wind leases. Now Dept of Interior wants to pull the plug on the leases is offering $3.9 billion to get companies to abandon those projects. In exchange they invest in the admin’s preferred projects instead.