“The Earned Income Credit clearly provides a significant refund and by having a child, you could increase the amount of income that you could earn and still qualify for that credit,” Grzes said.
A trade deficit occurs when the cost of a country’s imports are higher than its exports. Using seasonally adjusted data, the U.S. deficit with Canada for both goods and services wasin 2024. It was higher for just goods, ranging from
The White House put the goods and services deficit with Canada at $53.5 billion. This is closer to the figure from 2022 —Either way, economists agree that describing a trade deficit as a subsidy is wrong.“That’s never been the definition of a subsidy, a subsidy is defined as a gift without any compensation in return,” said Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics. “So whatever the number is, the concept is way off base.”
Gian Maria Milesi-Ferretti, a senior fellow at the Brookings Institution’s Hutchins Center on Fiscal and Monetary Policy, said a trade deficit occurs based on relative demand in different countries and what they specialize in.In terms of military spending, the White House also pointed to how much the U.S. and Canada spend on their militaries and what percentage of their gross domestic product that is. This appears to be a reference to NATO’s investment guideline. Member countries
to commit to spending a minimum 2% of their GDP on their own defense. Some countries, including Canada, have not yet met that guideline, a lapse which Trump often criticizes.
Canada spent $29.3 billion on defenseAs it turns out, Marchand may have had a bit of a motive for telling Bukauskas that it was a Blizzard. The TV-savvy Marchand looked directly into the camera afterward — and hinted he might want to add a DQ sponsorship to his endorsement portfolio.
“You can’t beat it. It’s the best dessert in the world,” Marchand said. “So, I better get a lifetime free supply of Dairy Queen now. Thank you, fellas.”It should be noted that what Marchand ate between periods worked. He scored a goal in the third period, a few minutes after the snack — part of a five-goal, um, blizzard by the Panthers that sealed Saturday’s win.
INDIANAPOLIS (AP) — With the New York Knicks teetering on the brink of a third consecutive playoff loss and Jalen Brunson stuck on the bench with five fouls after three quarters, Karl-Anthony Towns took matters into his own hands.The Knicks needed everything he could muster — even on a sore knee.