Federal Deficit Increases By 17 Percent In Fiscal 2018

“The President is very much aware of the realities presented by our national debt,” said Office of Management and Budget Director Mick Mulvaney. “America’s booming economy will create increased government revenues – an important step toward long-term fiscal sustainability. But this fiscal picture is a blunt warning to Congress of the dire consequences of irresponsible and unnecessary spending.”

Speaker Kirk Cox Outlines Initiative To Build Pathway From Schools To Jobs To Bolster State Economy

Speaker of the House Kirk Cox (R-Colonial Heights) says the “build it and they will come” approach to economic development is antiquated. Instead, he writes, Virginia must be the “build strong bridges from school to jobs” state; the “prepare resilient graduates for lifelong success and service” state; the “provide an affordable pathway for everyone in a growing economy” state.

Will Economic Relief Go To More Major Companies Hurt By Tariffs?

It’s been 10 years since the infamous auto industry bailout, in which the U.S. government inserted $80 billion into the failing automotive leviathans amidst the potential loss of at least one million jobs in the industry. As Ford announces layoffs of American workers due to foreign tariffs, will there be a another bailout like farmers received months ago?