Report: MTAs capital plan could exceed $92 billion
(The Center Square) — Upgrades to New York City's public transit system's infrastructure over the next five years could cost taxpayers more than $92 billion, according to the... Read More.
Stories tagged with: billion
California not paying released inmates $200 could cost taxpayers $5 billion
(The Center Square) San Francisco’s former district attorney is leading a class action lawsuit requiring the state to follow through on a 1973 statute signed into law by... Read More.
Washington spends about $3 billion a year on food stamps for noncitizens
Every year, the United States has allowed between 1.47 million to 1.86 million noncitizens to receive food stamps from the federal government at a cost of almost $3... Read More.
Experts decry $20 billion in fraudulent Obamacare claims
Though the 2024 presidential election campaign cycle is well underway, health care issues have so far been overshadowed by other topics.
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Report: MTA needs to cut $17 billion to replace congestion toll money
(The Center Square) — New York City’s transit system needs to slash $17 billion from its capital plan after Gov. Kathy Hochul put the brakes on a congestion... Read More.
Treasury airline auctions generate over half a billion dollars for taxpayers
Taxpayers received over half a billion dollars from airline auctions held earlier this month, according to a press release from the U.S. Treasury Department.
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Trumps plan to eliminate taxes on tips could cost federal government up to $250 billion
Former President Donald Trump has pledged to nix taxes on tipped income, which could cost federal government up to $250 billion over 10 years.
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Mired in red tape, $20 billion legal cannabis industry seeks government help
The marijuana industry is thriving. Last year the $21 billion industry grew by over 5%, faster than the U.S. economy as a whole. At the... Read More.
U.S. tax gap expected to grow to $688 billion
A Congressional watchdog wants the IRS to make sure it uses its $80 billion influx to address the growing U.S. tax gap – the difference between the taxes... Read More.
Congress investigates California’s $128 billion high-speed rail project
Congress is investigating California’s $128 billion high speed rail project, demanding the California High Speed Rail Authority provide information on the U.S. Department of Transportation’s “justification for continuing... Read More.
Farm Bill ignites debate on food stamp spending amid $30 billion cut
A $1.5 trillion Farm Bill supported by Republicans in the U.S. House of Representative has sparked criticism among Democrats for cutting $30 billion from the former food stamps... Read More.
Research arm of Congress asks for $916 million, says it provides $70 billion in benefits
The U.S. Government Accountability Office, the research arm of Congress, wants $916 million for fiscal year 2025, a fraction of the $70.4 billion in financial benefits the GAO... Read More.
