projects’

The CBO projects a $1.9 trillion deficit for FY 2024. If rate cuts are delayed and a recession occurs, the deficit could escalate even further.

The Congressional Budget Office (CBO) has recently updated its projections for the U.S. government’s budget deficit. Here are the key points: Fiscal Year 2024 Deficit: The projected deficit for fiscal year 2024 is $1.9 trillion. Adjusted to exclude certain payment timing effects, the deficit amounts to $2.0 trillion in 2024. Deficit Trend: The deficit is …

READ MORE

Florida housing market worsens: Port Richey listings up 248% YoY, builders abandoning projects.

The Florida housing market has been experiencing notable shifts. While the overall state-level home prices have been steadily growing, there are specific areas where inventory has surged dramatically. For instance, in ZIP codes like Port Richey, located north of Tampa, listings have nearly tripled compared to last year, with a staggering 248% growth in listings year-on-year. This surge in inventory …

READ MORE

Adobe new terms of service require you to give access to your projects so they can moderate your content.

The commies want to control the memes of production pic.twitter.com/UPzSBvvMjI — Rothmus 🏴 (@Rothmus) June 7, 2024 HOLY SH**t . This is absolute BONKERS. Adobe’s new terms of service (that forces you to agree or your locked out of your Adobe products) not only lets Adobe access to your private content (I bet to train …

READ MORE

The White House projects $250,000 Bitcoin by 2035, per FOX…. When did The White House start giving price targets?

This is either the greatest inside trading signal ever or the biggest trap ever There is no in between cause when did The White House start giving price targets 😂 — DMP (@DavidMPontes) March 11, 2024 White House is pumping Bitcoin for BlackRock (employees all up in the administration) haha. What a circus. Sell Signal. …

READ MORE

Government-mandated DEI hampers chip projects, risking national security; Intel, TSMC, Samsung stall despite CHIPS Act funding.

This is insane — Elon Musk (@elonmusk) March 9, 2024 This government-mandated DEI (Diversity, Equity, and Inclusion) is turning into a disaster. Chip manufacturers are scrapping American projects, moving overseas, all because of the idiotic rule that prioritizes skin color or sexual preference over competence. The competency crisis is escalating, with DEI now infiltrating even …

READ MORE

Newmont CEO Tom Palmer deems stock price generational; anticipates major copper and gold projects.

Newmont CEO on Share Buybacks, Copper Projects Newmont Corp. CEO Tom Palmer says the company's stock is at a once-in-a-generational price. He also says there are very big copper and gold projects on the way.$NEMhttps://t.co/VJrKk0HeOZ — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) February 28, 2024 You already see the big $$$ sniffing and starting …

READ MORE

DEBT WORRIES: China orders indebted local governments to halt some infrastructure projects

Jan 19 (Reuters) – China has instructed heavily indebted local governments to delay or halt some state-funded infrastructure projects, three people with knowledge of the situation said, as Beijing struggles to contain debt risks even as it tries to stimulate the economy. Increasing its efforts to manage $13 trillion in municipal debt, the State Council …

READ MORE

World’s largest Wind Energy developer cancels two huge projects in NJ. Company takes $4 Billion loss.

ATLANTIC CITY, N.J. — Wind energy developer Orsted is writing off $4 billion, due largely to the cancellation of two large offshore wind projects in New Jersey whose financial challenges mirror those facing the nascent industry. It added fresh uncertainty to an industry seen by supporters as a way to help end the burning of planet-warming …

READ MORE

Wind Energy Projects Suffer From a Multi-Pronged Blow

via Mike Shedlock: Subsidies are not enough to make wind energy projects viable. Onshore and offshore projects are delayed or scrapped. Wind Industry Projects Delayed or Cancelled The WSJ reports Wind Industry Hits Rough Seas as Problems Mount After months of warnings about rising prices and logistical hiccups, developers and would-be buyers of wind power are …

READ MORE

JP Morgan Projects Record Gold Prices In 2024

via schiffgold: JP Morgan forecasts $2,000 gold by the end of the year with the price continuing to rise to record highs in 2024. In his latest note, JP Morgan executive director of global commodities research Greg Shearer projects the price of gold will average around $2,175 an ounce by the fourth quarter of 2024. That would …

READ MORE

Over the next 30 years, the CBO projects interest to total $71 trillion.

Over the next 10 years, interest costs are projected to hit $10.6 trillion. Over the next 30 years, the CBO projects interest to total $71 trillion. Interest expense is expected to surpass defense spending in 2029, Medicare in 2046, and Social Security in 2051. 5/8 pic.twitter.com/Ssx9QlQoXy — The Kobeissi Letter (@KobeissiLetter) July 30, 2023 Update: …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.