Finance
March 12, 2025
14 views 4 mins 0

How Extreme Is Secretary Rubio’s 83% Cut to USAID Programs?

The Diplomatic Buzzsaw or a Necessary Reset? In a move that sent shockwaves through the international aid community, Secretary of State Marco Rubio took a red pen (more like a chainsaw) to USAID, slashing 83% of its programs. Supporters hail it as a long-overdue trimming of government waste, while critics see it as a reckless gutting of U.S. diplomatic influence. So, did Rubio go too far, or is this the kind of bold reform American foreign aid needed?

Finance
January 03, 2023
7 views 5 mins 3

America Hit Its Debt Limit, Raising Economic Fears

As of January 21, 2025, the United States has reached its statutory debt ceiling of $36.1 trillion. This limit, reinstated on January 2, 2025, following the suspension enacted by the Fiscal Responsibility Act of 2023, caps the total amount the federal government is authorized to borrow.