Four radical reforms to shrink our federal budget
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Questionable federal grant spending could put Oklahoma on the hook for millions
(The Center Square) - An audit of $13 billion in federal grant money by Oklahoma State Auditor Cindy Byrd shows questionable spending of millions that could be clawed back by the federal government. The largest amount in question is $21 million allotted to Communities Foundation of Oklahoma, a nonprofit tasked with overseeing $241 million for the Emergency Rental Assistance program. The audit questions $8.6 million in questionable management fees and $4.3 million...
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Macklem says he doesn't think federal budget will have much of an impact on inflation
OTTAWA - Bank of Canada governor Tiff Macklem said he doesn't think the federal budget tabled last month will have much of an effect on inflation. Macklem was testifying at a Senate committee alongside senior deputy governor Carolyn Rogers on Wednesday following the central bank's latest interest rate announcement. The governor said the spending plan hasn't changed the federal government's fiscal track by much, since it's offset by higher revenues. “Since the government's net fiscal plan...