March 19, 2024

Trade Deficits Paying for China Military Buildup.

One little detail largely escaped media notice when Chinese president Xi Jinping met with North Korean dictator Kim Jong-un on May 8.  The visit coincided with China’s launch of its first indigenous aircraft carrier in the town where the two met, perhaps sending a message to friend and foes of both China and North Korea: The […]

U.S. Budget Just Made History: Best Month Ever.

In April, the federal government took in a record sum of $515 billion in taxes, according to a newly released Congressional Budget Office report. During that time, we spent $297 billion. Yes, you read that correctly: We actually took in more than we spent — a lot more. That $218 billion surplus is, in fact, […]

Record exports cut US trade deficit to $49 billion.

WASHINGTON (AP) — Record exports trimmed the U.S. trade deficit in March, the first drop in seven months in a massive gap that President Donald Trump is determined to shrink with an aggressive America first policy. The Commerce Department says the trade deficit — the difference between what America sells and what it buys in […]

U.S. Trade Deficit with China Has Eliminated at Least 3.4M American Jobs.

The United States’ trade deficit with China has eliminated at least 3.5 million American jobs since 2001, data reveals. As President Trump is set to release a package of $50 billion worth of tariffs and restrictions on Chinese investments, the U.S. goods trade deficit with China remains at $29.3 billion. Since 2001, free trade with […]

More #FakeNews: CBS Suddenly Concerned About Deficits Under Trump But Ignored Obama’s Deficits That Were Three Times Larger

After eight years of the Obama Administration’s largest deficits in US and world history, CBS News is suddenly concerned about deficits! Under President Obama the amount of US Debt increased by nearly $10 trillion and doubled that of all prior Presidents combined, yet CBS said nothing.  Crickets… Now the far left media firm is concerned about […]

Most Awkward Dinner Ever: Trump To Dine With Ryan Day After Siding With Dems On Debt Ceiling

President Donald Trump will host Speaker Paul Ryan at the White House residence Thursday evening, according to the president’s daily schedule, the day after Trump took a deal that may favor the Democrats on debt ceiling negotiations. Trump met with congressional leaders of both parties Wednesday, and decided to back a three-month lift of the […]

Source: