Stay updated with breaking news from Jeff Stein. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The cross-platform program “Iowa Talking Points” – produced by NRG Media and Mudd Advertising, took to the road last Friday (10/20) for a remote broadcast that featured GOP presidential candidates Gov. Ron DeSantis, Amb. Nikki Haley, Vivek Ramaswamy, Sen. Tim Scott, Gov. Doug Burgum, Gov. Asa Hutchinson, and Ryan Binkley. “Iowa Talking Points” is produced…
Professor Jeff Stein from the Iowa Almanac talks about the development of Ida County and the town of Ida Grove
The U.S. government spent $659 billion this year paying off the interest on its debt, according to a Treasury report released Friday, as the nation’s widening fiscal imbalance and the Federal Reserve’s rate increases dramatically raised the federal cost of borrowing. Because the federal government spends more than it collects in tax revenue, the Treasury Department issues new debt to cover the rest of its payment obligations. That debt must be repaid with interest — costs that grow as the debt grows, and as the central bank has raised interest rates to cool inflation, the borrowing costs...
The federal budget deficit for fiscal year 2023 was $1.695 trillion, up from $1.375 trillion the prior year, according to data released Friday by the Treasury Department. Receipts for the year came in just over $4.4 trillion, down more than 10% from nearly $4.9 trillion in fiscal year 2022. Outlays fell 2%, from almost $6.3 trillion to about $6.1 trillion. Net interest costs surged to $659 billion, up from $476 billion in 2022 and $352 billion in 2021. “Most economists say these payments are eco
The White House on Friday released a sweeping set of proposals to bolster Israel and Ukraine in the midst of two wars as well as invest more in domestic defense manufacturing, humanitarian assistance and managing the influx of migrants at the U.S.-Mexico border.