So far in the fiscal year 2024, the federal government has had to borrow about $5 billion every day.
The Congressional Budget Office said Thursday the federal budget deficit was $1.5 trillion for the first 10 months of fiscal year 2024, which covers October through July.
Read the full story
The Tennessee Education Lottery Corporation announced Tuesday that it raised $519,322,000 for education in the Volunteer State during Fiscal Year 2024 (FY24), setting a new Fiscal Year record for the amount generated for education.
FY23, which spanned from July 1, 2023, through June 30, 2024, surpassed Fiscal Year 2023’s proceeds – the previous fiscal year record – by more than $4 million.
Read the full story
The Tennessee Education Lottery Corporation announced Tuesday it raised $113,820,000 for education in the Volunteer State during the third quarter of Fiscal Year 2024 (FY24), which spanned from January 1 through March 31.
“The Lottery is proud to announce this quarter’s results, which reinforce our commitment to funding vital education programs for Tennesseans,” Tennessee Education Lottery President and CEO Rebecca Paul said in a statement.
Read the full story
House Speaker Mike Johnson said Friday he will not withdraw from a controversial spending deal to avoid a government shutdown that is opposed by several members of his conference.
Johnson, on Sunday, announced a deal with other congressional party leaders on a spending package of $1.59 trillion for Fiscal Year 2024, which has been attacked by members of the House Freedom Caucus as insufficiently conservative. After negotiations with dissident members, Johnson announced Friday that he would stand by the deal, even as members have threatened to remove him from office over the matter.
Read the full story