Dec 31, 2026 · deadline
State and local governments must spend all obligated ARPA recovery funds by year-end or return money to Treasury
State and local governments must fully spend all obligated ARPA State and Local Fiscal Recovery Funds by December 31, 2026, or return remaining balances to the Treasury. The Trump administration can't claw back obligated funds — only unspent dollars face return. Hundreds of billions in state and local infrastructure, housing, workforce, and pandemic recovery programs are affected.
Mar 20, 2026 · executive
OFAC issues General License U permitting temporary Iranian oil exports
The Office of Foreign Assets Control issues General License U (GL U), a limited and temporary authorization allowing imports of up to 140 million barrels of stranded Iranian crude oil accumulated during years of sanctions enforcement. The three-week window aims to unblock global oil markets before final enforcement begins. GL U permits qualifying importers in Japan, South Korea, and India to conclude final purchases at discounted prices, generating an estimated $4-6 billion in Iranian oil revenues.
Feb 11, 2026 · economic_event
CBO projects federal debt will hit record 120% of GDP by 2036
The Congressional Budget Office released its February 2026 Budget and Economic Outlook on February 11, 2026, projecting that federal debt held by the public will rise from 101% of GDP in 2026 to 120% by 2036 — surpassing the prior record of 106% set in 1946. Annual deficits are projected to grow from under $2 trillion to over $3 trillion by 2036, totaling $24.4 trillion over the decade. Annual interest costs alone are projected to double from $970 billion to $2.1 trillion by 2036.
Jan 15, 2026 · economic
Government data shows food inflation rising at fastest pace since pandemic, driven by tariff policies
Government data shows food inflation rising at its fastest pace since the COVID-19 pandemic, driven largely by the administration's tariff policies. Staple items like eggs, milk, and bread see double-digit price increases, demonstrating the consumer impact of the trade war on everyday Americans.
Sep 5, 2025 · social_movement
BLS Workers Rally Against Trump Attacks on Jobs Data Integrity
Bureau of Labor Statistics employees and federal statistical workers staged a public rally against the Trump administration's attacks on the independence of government data collection. Workers protested the firing of the BLS Commissioner and demands to alter how unemployment and inflation statistics were calculated and reported. The rallies highlighted bipartisan concerns from economists and former officials about the politicization of federal statistical agencies.
