Joe Biden Signs Biggest Military Spending Bill in History
WASHINGTON (Dec. 28, 2021) – On Monday, President Joe Biden signed a massive military spending bill into law. The 2022 National Defense Authorization Act (NDAA) authorizes $777.7 billion in military spending for this fiscal year. This ranks as the biggest...
Donald Trump Has a Spending Problem
Donald Trump has a spending problem. Even before the COVID-19 pandemic, the federal government was on pace to break the single-year contract spending record of $598 billion. By the way, that spending record was set just last year. According to the latest data, the...
Trump Administration Starts Fiscal Year 2020 With an Even Bigger Deficit
If you hoped the Trump administration would take some kind of action to slow down spending after running the biggest budget deficit in seven years in FY2019, you’ll be disappointed. In fact, the administration ramped up spending in the first month of FY2020. The...