Finance & Economics News
Trump Poised to Become President with Highest National Debt Increase in US History
Donald Trump entered office with bold promises to slash wasteful government spending, reduce budget deficits, and lower the national debt. However, projections now indicate that his policies are on track to add more than $12 trillion to the national debt by 2034, making him the president with the highest debt increase in American history. The US national debt currently stands at $37 trillion and is projected to surpass $50 trillion within the next decade, wit
Trump Poised to Become President with Highest National Debt Increase in US History
Donald Trump entered office with bold promises to slash wasteful government spending, reduce budget deficits, and lower the national debt. However, projections now indicate that his policies are on track to add more than $12 trillion to the national debt by 2034, making him the president with the highest debt increase in American history. The US national debt currently stands at $37 trillion and is projected to surpass $50 trillion within the next decade, wit
Dallas risks $305 million federal loss over DEI program pause amid new directive
The City of Dallas is facing a high-stakes decision after the Trump administration issued a directive requiring cities to end Diversity, Equity, and Inclusion (DEI) programs or risk losing federal funding. Dallas stands to lose approximately $305 million in federal grants if it continues to award city contracts or benefits based on classifications such as race, gender, or national origin. In response to this pressure, the Dallas City Council voted on June 25
Dallas risks $305 million federal loss over DEI program pause amid new directive
The City of Dallas is facing a high-stakes decision after the Trump administration issued a directive requiring cities to end Diversity, Equity, and Inclusion (DEI) programs or risk losing federal funding. Dallas stands to lose approximately $305 million in federal grants if it continues to award city contracts or benefits based on classifications such as race, gender, or national origin. In response to this pressure, the Dallas City Council voted on June 25
Income Tax No.2 Bill Passed: Key Features Of New S.I.M.P.L.E Law Explained
The Income Tax (No 2) Bill, aimed at replacing the six-decade-old Income Tax Act of 1961, has been passed in the Lok Sabha, introducing a ‘S.I.M.P.L.E’ framework Streamlined structure and language, Integrated and concise, Minimised litigation, Practical and transparent, Learn and adapt, and Efficient tax reforms. Presented by Finance Minister Nirmala Sitharaman, the bill has been reworked based on 285 recommendations from a select committee led by
Income Tax No.2 Bill Passed: Key Features Of New S.I.M.P.L.E Law Explained
The Income Tax (No 2) Bill, aimed at replacing the six-decade-old Income Tax Act of 1961, has been passed in the Lok Sabha, introducing a ‘S.I.M.P.L.E’ framework Streamlined structure and language, Integrated and concise, Minimised litigation, Practical and transparent, Learn and adapt, and Efficient tax reforms. Presented by Finance Minister Nirmala Sitharaman, the bill has been reworked based on 285 recommendations from a select committee led by







