Tag Archives: trillion

Bill passes after hours of gridlock over funding for three-quarters of the government for the next six months. Lawmakers in the United States Senate have passed a $1.2 trillion spending bill, narrowly averting a partial government shutdown. The lower house on Saturday approved the measure by a 74-24 vote after …

The Debt Management Office on Friday, March 22, announced that Nigeria’s public debt stock as of 31 December 2023 is N97.341 trillion (108.229 billion dollars).    The agency which noted that the amount comprised domestic and external debt stocks of the federal government, the 36 state governments and the Federal …

Bandits have demanded a ransom of N40 trillion for the release of 16 residents who were kidnapped from the Gonin Gora area of  the Kaduna metropolis.   Recall that on Wednesday, February 28, bandits invaded Anguwan Auta, a community in Gonin Gora, killed two people and abducted three others. About …

Opinion Creative Commons Democratic Congressman Ro Khanna has some funny ideas about the national debt. Like, for starters, that “tax cuts” and just two wars out of a dozen are to blame. In other words, It’s all Republicans’ fault! The Democrat said that “Reagan’s tax cuts,” “Bush’s tax cuts,” “Trump’s …

President Bola Tinubu will on Wednesday, November 29, present the 2024 budget to the National Assembly.    The Federal Executive Council earlier today November 27 approved the 2024 budget of N27.5 trillion.   This followed the review of the Medium-Term Expenditure Framework earlier passed by the National Assembly which benchmarked …

Representative Cori Bush (D-MO) used the Juneteenth holiday to continue her push for $14 trillion in reparations for slavery in America, calling it a good “starting point.” Bush also argued for an end to apartheid in America (education and housing), an end to “police violence,” and demanded “white supremacy” be …

By Casey Harper (The Center Square) The U.S. Congressional Budget Office, the official budget projection resource for the federal government, released a string of alarming figures in its latest projections this week. CBO projects the deficit will nearly double in the next decade, reaching $2.9 trillion by 2033. The annual deficit …

Over the past five years, the global app industry has seen revenue and downloads more than double, with mobile apps reaching more people than ever. Last year, app developers grossed $428bn, with people worldwide making over 235 billion downloads. In 2023, mobile apps are expected to become a $490bn industry …

WASHINGTON — The overall U.S. trade deficit rose 12.2 percent last year, nearing $1 trillion as Americans purchased large volumes of foreign machinery, medicines, industrial supplies and car parts, according to data released Tuesday by the Commerce Department. The goods and services deficit reached $948.1 billion, its largest total on …

Congressional leaders have released details of a $1.7 trillion spending bill they expect to pass by Friday, just days before Republicans are set to take control of the House. The bill includes an overhaul of the Electoral Count Act and nearly $45 billion in aid to Ukraine. The bill reportedly …