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Chicago Schools End Year with Negative Cash Positions
Bloomberg Television· 2025-08-21 19:24
Tell us a little bit about when these popping tax collections are due to arrive and how these tax anticipation notes that the city might need to issued the school district might need to issue would work. So property taxes are the largest source of revenue for the Chicago Public Schools. And they usually come in sort of two big batches in the beginning of the year, around March and then again in August.Now, the payments are actually due August 1st, but the bills haven't actually gone out yet to residents bec ...
We should use tariff revenue for deficit reduction, says Steven Mnuchin
CNBC Television· 2025-08-05 17:21
Hey, thanks Scott. Uh we've got the former uh Treasury Secretary here, Steve Minutuchin, of course, the founder and managing partner of Liberty uh Strategic Capital as well. It's nice to see you, sir.We got a lot of lot of former Treasury Secretaries. Hank Pollson's here, Tim Gner's here, Larry Summers is here. You're here.Bob Rubin, Janet Yellen. Who am I missing. It's big turnout.Um here's what I want to talk about. Uh tariffs. We talked to the president of the United States this morning on tariffs uh on ...
X @Bloomberg
Bloomberg· 2025-07-14 16:12
Romania’s government survived a no-confidence motion on Monday, clearing the way for a sweeping austerity plan aimed at scaling back a budget deficit that’s become the widest in the European Union. https://t.co/MdyBbBB9tq ...
CBO Director Phillip Swagel addresses accusations of being partisan
CNBC Television· 2025-06-16 12:55
boosting the richest by $12,000 a year. Joining us right now is Phil Swagel. He's the director of the Congressional Budget Office.And Phil, let's talk through some of the criticism you've received. Russ Vought said on X that this bill reduces deficits by $1.4% trillion. When you adjust for the CBO's one big gimmick, not using a realistic current policy baseline.Caroline Leavitt said that the CBO assumes long term GDP growth of an anemic 1.8%. And that's absurd. And then you had President Trump himself sayin ...