Navy Abandons USS Boise Overhaul After 11 Years And $800 Million Spent

Consumer Credit Unexpectedly Shrinks For The First Time Since 2024 As Credit Card Rates Jump After two consecutive outsized jumps in consumer credit in the months of March and April, when gas prices surged and inflation resumed its track higher, lifting most prices as a result of the war in Iran, moments ago the Fed published its latest consumer credit (G.19) report for the month of May and it was a doozy: instead of the expected $17.5BN increase, in May total consumer credit unexpectedly shrank for the first time since...

A Property Tax Rebellion Is Emerging In America Authored by Aaron Gifford via The Epoch Times, At a petition table inside a Cleveland area gun show on a drizzly Saturday afternoon, citizens talk of an American Dream derailed. There’s the elderly couple who paid off their mortgage decades ago but can’t afford the property taxes on their home. Their local government, theoretically, can seize the property and auction it off to someone else if the annual bills remain unpaid. Then there’s the recent retiree who took a part-time job at Lowe’s to pay...

Improper US Government Payments Rose To $186 Billion In 2025: Watchdog Authored by Sylvia Xu via The Epoch Times (emphasis ours), Federal government agencies reported a total estimate of about $186 billion in improper payments in fiscal year 2025, an increase of $24 billion from 2024. The U.S. Government Accountability Office building in Washington on May 22, 2025. Madalina Vasiliu/The Epoch Times About $153 billion—roughly 82 percent—of this total arose from overpayments. The Government Accountability Office estimated that cumulative improper payments have reached about $3 trillion since fiscal year 2003. The actual amount may...