Winter storms caused $155 billion in economic damages

Devastating coast-to-coast winter weather is estimated to have caused around $155 billion in economic damages, making it likely that February 2021 was the costliest in terms of weather impact in recent US history, UPI reports. The estimated economic damage costs for the entire 2020 Atlantic hurricane season were a comparatively small $60 billion to $65 billion.

House passes George Floyd Justice in Policing Act

The US House of Representatives passed the George Floyd Justice in Policing Act Wednesday, in an effort to increase police accountability and end practices that facilitate the use of excessive force against unarmed citizens, USA Today reports. Drafted by Democrats, the bill was first introduced in the last Congress after the death in police custody of George Floyd in Minneapolis on May 25, 2020.

$100 trillion in new debt over next 30 years: CBO

The government has opened the spending spigot over the last year to deal with the coronavirus crisis — but the Congressional Budget Office says unless something changes, Uncle Sam’s freewheeling ways will last long after the pandemic is over.