NYTIMES (River Akira Davis) - Why Japan Is Struggling to Stop the Yen’s Decline
The currency has resumed its slide, eroding gains after the U.S. Treasury intervened to prop it up, as concerns mount about the direction of the country’s spending.
| Keywords | japanyencurrencydeclineeconomymarketcentral-bankus-treasuryfinancemonetary-policyinflationglobal-marketsfiscal-spendingeconomic-crisisforexasiainvestmentmacroeconomicsstructural-decay |
YOUTUBE (Newsmax) - Sen. Paul pushes bill to end federal welfare for illegals | The Right Squad
“The Right Squad” weighs in on Sen. Rand Paul’s push for a bill aimed at barring federal funds for welfare benefits—including Social Security, Medicaid, food stamps, and housing vouchers—from going to refugees, asylees, and noncitizens without legal status.
THEFEDERALIST (Christopher Jacobs) - Report Shows Obamacare Fraud Is Worse Than You Think
The improper enrollment outlined in last week’s report argues against spending another $350 billion-plus to extend enhanced Obamacare subsidies.
JUSTTHENEWS (The Center Square Staff) - Minnesota special districts report $5.4B debt, federal aid declines
Auditors noted a decline in federal and local grants following the expiration of COVID-era funding programs.
JUSTTHENEWS (The Center Square Staff) - Social Security reform imperative to avoid 34% tax hike, insolvency by 2032, trustees warn
“Unless policymakers act, America’s favorite entitlement program will become its most disgraced,” expert warns.
NYTIMES (David A. Fahrenthold) - Park Service Awards No-Bid Contract to Cover Bridge Statues in Gold
Originally estimated to cost $2.4 million, the government will now spend $5 million to restore the bronzes in time for Independence Day.
JUSTTHENEWS (Ben Whedon) - Treasury pushing for Trump $250 bill: Report
Federal law currently bars living people from appearing on currency.
| Keywords | treasurytrumpdonald-trumpcurrencyusapoliticsus-governmentlegislationfederalmoneyreportpolicybidenelection-2024fiscal-spending |
JUSTTHENEWS (Kevin Killough) - Small Business Administration head says agency found $200 billion in fradulent pandemic loans
She said that $22 billion in those fraudulent loans have been turned over to the U.S. Treasury and Department of Justice for collections and prosecution, and people who have been convicted of fraud are serving prison sentences.
THEFEDERALIST (Christopher Jacobs) - How Trump’s Big, Beautiful Bill Is Reversing Rampant State Waste And Fraud
A recent congressional hearing showed the scope of the state waste, fraud, and abuse problem our nation faces.