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Public Finance
Budgets, tax receipts, procurement and grants, by the numbers.
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"Doom Loop" Engaged: US Debt Hits $40 Trillion As Treasury Enters The Endgame
59+ min ago (383+ words) The US National Debt continues to rise. Learn why it took just 95 days to add the latest trillion to this staggering figure....
San Antonio City Council approves first tax hike in 34 years
1+ day, 21+ hour ago (227+ words) SAN ANTONIO (KTSA News) — San Antonio City Council voted 7-4 Thursday to raise the city’s property tax rate for the first time since 1992. The 3.9% increase is part of a broader plan to close a projected $158 million budget gap over the next…...
San Antonio City Council approves 3.9% tax rate hike starting Oct. 1
1+ day, 7+ hour ago (454+ words) San Antonio property owners will see a tax hike starting Oct. 1, when the city’s new fiscal year begins, after City Council approved a 3.9% increase. (SBG Digital) The increase amounts to an average of $35 citywide, though the impact for homeowners will vary…...
Australia faces higher public debt costs after new peak
1+ day, 13+ hour ago (26+ words) Governments around the world will have to pay more to borrow money to fund their public debt, partly due to competition for cash from AI hyperscalers....
US government interest costs rise 12% to $1.27 trillion in first 11 months of FY2026
1+ day, 20+ hour ago (394+ words) Federal debt servicing now exceeds national defense spending, becoming the second-largest line item in the US budget after Social Security The US government spent $1.27 trillion on interest payments in the first 11 months of fiscal year 2026. That’s $139 billion more than the…...
Net interest and mandatory spending consume 98.4% of total U.S. federal revenue! \ stacker news
6+ day, 13+ hour ago (117+ words) Net interest and mandatory spending already consume 98.4% of all U.S. federal revenue. In 2000, the figure was just over 50%. Every dollar of revenue is already spoken for before any funds go toward defense, infrastructure, or anything else. The key point is that…...
FIRST READING: B.C. stacking up sub-national debt faster than anywhere else in North America
2+ day, 2+ hour ago (1000+ words) In just four years, Premier David Eby has doubled the province's net debt New figures show that B.C. is running up debt faster than any other subnational jurisdiction in North America, including famously indebted U.S. states such as California and New York....
Doing the Math: Interest Expense Is Going to $2 Trillion Annually
2+ day, 9+ hour ago (951+ words) It was January 2000. AOL had just announced it was buying Time Warner in what was then the biggest merger in history. Fourteen dot-com companies had bought Super Bowl ads, one of them starring a sock puppet that sold dog food....
S. Korea logs public account deficit for 6th consecutive year in 2025: BOK
2+ day, 10+ hour ago (158+ words) SEOUL, Sept. 18 (Yonhap) -- South Korea reported a public account deficit for the sixth straight year in 2025, and the shortfall widened from a year earlier, due to a rise in spending on public healthcare as well as increased transfers and subsidies…...
'$40 TRILLION IN DEBT': Political strategist Kevin Roberts says this is the ACTUAL problem | Fox News Video
2+ day, 15+ hour ago (58+ words) Political strategist Kevin Roberts says Americans are adjusting to inflation, but warns the nation's $40 trillion debt remains a major unresolved issue. '$40 TRILLION IN DEBT': Political strategist Kevin Roberts says this is the ACTUAL problem Political strategist Kevin Roberts says Americans…...