Politics

Washington, D.C., presently stands at a crossroads—bridging the gap between fiscal responsibility and ambitious urban development. As Mayor Muriel Bowser recently unveiled a $21.8 billion budget for fiscal year 2026, critical areas are undergoing budgetary reductions. These cuts, including a hiring freeze and the scaling back of vital social programs, paint a portrait of a
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In a high-stakes legal showdown, California is once again gearing up to take on the Trump administration. The state’s officials are set to file a lawsuit over recent congressional legislation that seeks to dismantle California’s stringent vehicle emission regulations. This proposed bill is not merely a policy shift; it epitomizes a broader struggle between state
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With an alarming increase in long-term bond yields, particularly in 10-year notes over the past weeks, the U.S. faces an economic quandary that demands urgent and decisive attention. Federal Reserve Governor Christopher Waller’s remarks, indicating that the central bank does not plan to intervene in the Treasury market, raise serious concerns about the future sustainability
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In the ever-changing landscape of American infrastructure, transit funding is a contentious topic fraught with uncertainty. The ongoing struggle to secure adequate funding reveals a troubling insight: even as cities and towns increasingly rely on robust public transportation systems, support for these initiatives is waning. The Highway Trust Fund, primarily fueled by fuel taxes, has
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Puerto Rico’s economic predicament has been overshadowed by a labyrinth of legal battles, particularly highlighted by the conflict between the Puerto Rico Oversight Board (FOMB) and the bondholders of the Puerto Rico Electric Power Authority (PREPA). At the center of this standoff is a staggering claim of $3.7 billion in administrative expenses that the bondholders
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In the face of deteriorating roads, crumbling bridges, and outdated transit systems, the American infrastructure crisis has reached a boiling point. The current methods of funding and managing these vital projects are clearly failing the very people they are designed to serve. The Trump administration’s Department of Transportation highlighted these systematic defects, advocating for a
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In a world increasingly intertwined by globalization, tariffs and trade policies wield enormous influence over the economic fabric of a nation. The recent pronouncement by Federal Reserve Governor Michael Barr strikes a resonant chord—small businesses could face dire consequences stemming from the new tariffs initiated under President Donald Trump. These tariffs do not merely represent
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