Keyword: budget

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  • Trump considering Goldman Sachs president for top budget post

    11/30/2016 2:25:10 PM PST · by SeekAndFind · 52 replies
    Politico ^ | 11/30/2016 | Ben White and Jake Sherman
    President-elect Donald Trump is considering Goldman Sachs President Gary Cohn for a senior administration job, possibly as director of the Office of Management and Budget, several sources close to the situation said on Wednesday. People familiar with the matter say Cohn's meeting with Trump on Tuesday included talks about a potential job in the new administration, possibly to run OMB, a sprawling office that will handle much of Trump's budget policy after he takes office in January. Cohn, who is friendly with Republicans and Democrats in Washington, is a longtime commodities trader who became Goldman's president and co-chief operating officer...
  • Note To Trump: Cut Useless, Unauthorized Spending And Here's The Place To Start

    11/25/2016 10:41:20 AM PST · by reaganaut1 · 40 replies
    Forbes ^ | November 25, 2016 | George Leef
    Letís take Donald Trump at his word that he means to ďdrain the swampĒ in Washington, D.C. One aspect of that swamp is the way federal agencies spend money on public relations and outright propaganda. The erosion of budgetary constraints over time has led to a situation wherein federal agencies (many of which have scant constitutional authorization in the first place) get piles of money to spend as the officials choose. No one should be surprised to find that they like to hire public relations specialists or contract with outside firms for material that makes them look good and their...
  • What Chinaís ĎHighway Robberyí-Style Toll Roads Say About its Economy

    11/20/2016 11:02:14 PM PST · by Tolerance Sucks Rocks · 19 replies
    Epoch Times ^ | October 30, 2016 | Cai Shenkun
    Why is China’s huge toll road system running massive losses despite billions of income from toll fees? It’s another strategy devised by the communist regime to siphon wealth from the public, says Cai Shenkun, a well-known Chinese economist and blogger.The Chinese state operates the largest toll road system in the world. Toll roads across the country collect more than 400 billion yuan (US$60 billion) each year. But strangely, this profitable monopoly industry reports huge losses year after year. According to recently released data by China’s Ministry of Transportation, revenue from toll roads was 409.78 billion yuan in 2015 while operating...
  • Most Americans Donít Know About President Obamaís UniParty Slush FundÖ

    11/12/2016 4:15:15 PM PST · by HarleyLady27 · 35 replies
    The Conservative Tree House ^ | Nov 12, 2016 | Sundance
    New Word: ďTrumpenstrokeď. Ė The act of eliminating dictatorial fiat with the counter stroke of a President Trump pen. It is actually easier to write about the simplicity of eliminating almost all of President Obamaís accomplishments specifically because of the way Team Obama went about constructing them, dictatorial fiat.
  • Trump/Congressman says GOP will use budget 'reconciliation' to repeal Obamacare in first 100 days...

    11/11/2016 10:39:50 AM PST · by Jim Robinson · 171 replies
    DailyMail ^ | November 11, 2016 | By Geoff Earle, Deputy U.s. Political Editor For Dailymail.com
    Trump-backing congressman says GOP will use budget 'reconciliation' to repeal Obamacare in first 100 days Ė depriving Democrats of the chance to filibuster it * Rep. Chris Collins, the first Republican to endorse President-elect Trump, says the GOP will move legislation to repeal Obamacare within Trump's first 100 days * Party would use budget procedure that would let them jam it through on a simple majority vote, depriving Senate Democrats of the filibuster * Medical device tax, 30-hour workweek for coverage, employer mandate, employee mandate all could go, gutting the plan * Says there would be a 'transition' for 2017...
  • IL Tollway announces $951M infrastructure program for 2017

    11/04/2016 6:43:53 AM PDT · by Tolerance Sucks Rocks · 12 replies
    Construction DIVE ^ | October 31, 2016 | Kim Slowey
    Dive Brief: The Illinois Tollway announced Thursday that it had set a preliminary budget for 2017 that includes $951 million for Move Illinois projects, as well as $336 million for a maintenance and operation program, according to Equipment World.Major Move Illinois capital initiatives planned for next year include the Illinois Route 390 Tollway ($374.5 million), SmartRoad upgrades to I-90 ($163.5 million), reconstruction of I-294 ($56.5 million) and expansion and maintenance of the I-PASS system. The remaining funds will go toward development, repair and maintenance.Move Illinois is a 15-year, $12-billion capital project program financed by bonds and tolls. The Illinois Tollway,...
  • Will next governor pave the way for more public-private partnerships?

    10/11/2016 7:05:15 PM PDT · by Tolerance Sucks Rocks · 5 replies
    The Indiana Lawyer ^ | October 11, 2016 | Hayleigh Colombo, IBJ Staff
    The controversial 2006 lease of the Indiana Toll Road paved the way for highway projects funded by public-private partnerships in Indiana ‚ÄĒ including the relatively smooth and nearly finished building of a bridge over the Ohio River at Louisville and the beleaguered construction of a 21-mile stretch of Interstate 69 from Bloomington to Martinsville. Indiana‚Äôs next governor ‚ÄĒ whose road-funding agenda will likely shape discussions at next year‚Äôs budget session of the Indiana General Assembly ‚ÄĒ will have a major role in crafting future deals to fund projects and maintain the state‚Äôs infrastructure. The question is whether the state will...
  • Are Democrats pushing the federal government toward a shutdown?

    09/27/2016 8:49:40 AM PDT · by aimhigh · 22 replies
    Fresno bee ^ | 0927/2016 | LINDSAY WISE
    Senate Republicans on Tuesday accused Democrats of edging the country toward a government shutdown in order to paint the GOP-led Congress as ineffective. Democrats said on Tuesday they plan to reject a stop-gap funding bill proposed by Republicans that includes emergency funds to combat Zika. The federal government will shut down if Congress doesnít pass a bill to maintain current funding levels by the end of the month.
  • Harry Reidís Mayhem Project

    09/27/2016 5:55:29 AM PDT · by Brilliant · 4 replies
    WSJ ^ | Sept. 26, 2016 | WSJ
    Retaking the Senate no longer seems like the cinch that Democrats imagined...and now theyíre responding with budget obstructionism that could end with a government shutdown. If they canít win on the merits, they can attempt to provoke a fake crisis. The last budget deal runs out...and the Senate will vote Tuesday on a ďcleanĒ continuing resolution... The bill also includes $1.1 billion to fight the Zika virus... funding for the recent heroin and addiction bill; and $500 million in disaster aid for Louisiana... This is exactly what Democrats...said they wanted. ďIf they want to get out of here,Ē Democratic leader...
  • Lunch is too expensive

    09/21/2016 6:00:22 AM PDT · by C19fan · 66 replies
    Washington Post ^ | September 20, 2016 | Abha Bhattarai
    Whatís for lunch? If itís a homemade sandwich or last nightís leftovers, you may be in good company. An increasing number of Americans are ditching $10 sandwiches and $12 salads in favor of food from home, according to new data from the research firm NPD Group. Lunch traffic is slowing at restaurants around the country, with weekday lunch visits down 7 percent compared to a year ago, the steepest decline since the beginning of the recession, data show. The reason? Nearly 40 percent of Americans now work from home (at least on some days), according to Gallup, and lunch out...
  • Critics Decry Gov. Walker Plan to Delay Zoo Interchange and Other Highway Projects

    09/16/2016 7:11:28 AM PDT · by Tolerance Sucks Rocks · 15 replies
    WUWM Milwaukee Public Radio ^ | September 16, 2016 | Ann-Elise Henzl
    Gov. Scott Walker is drawing sharp criticism for his plan to delay highway projects, including the Zoo Interchange in Milwaukee. In the past, the governor has hailed the interchange as key to state businesses that transport products throughout the region. Walker mentioned MillerCoors in his 2013 State of the State address. "MillerCoors is in a hyper-competitive industry. They're looking to find a competitive advantage: who can get a cold beer on a bar in Madison or Green Bay or even Chicago, the fastest. Beer trucks are tied up in the Zoo Interchange? The MillerCoors brewery here in Wisconsin is at...
  • NJ county threatening to sue state DOT over highway project shutdown

    09/16/2016 5:32:43 AM PDT · by Tolerance Sucks Rocks · 6 replies
    ConstructionDIVE ^ | September 15, 2016 | Kim Slowey
    Dive Brief: Passaic County, NJ, has announced its intention to sue the state's Department of Transportation for costs resulting from Gov. Chris Christie's order to shut down all projects funded through the near-empty Transportation Trust Fund (TTF), according to The Record.Citing safety issues, Passaic County officials said they used their own funds to continue with certain state projects after the shutdown, such as a $330,000 repaving project that left raised manhole covers exposed. The county has a multimillion-dollar lineup of infrastructure projects now on hold.Passaic County Counsel William Pascrell, who notified the state DOT of Passaic's intention to sue over...
  • French politicians mull ripping up EU budget rules

    09/11/2016 7:11:52 AM PDT · by Olog-hai · 10 replies
    TheLocal.fr ^ | 11 Sep 2016 09:04 GMT+02:00
    Nobody yet knows the winner of Franceís presidential election next year, but the smart money is on one loser: The three-percent cap on government deficits enshrined in eurozone rules. A bedrock of euro stability for some, the requirement to keep government deficits to below three percent of gross domestic product (GDP) is seen by many as an insufferable strait-jacket on governments wanting to spend their way out of economic sluggishness. Many French politicians, on the left and right, wonder aloud whether France should start ignoring the EU Commission and three-percent defenders, including powerhouse Germany, and break free. ďThe European left,...
  • Dear Arizona Voters, Please Remind Yourself of this 2011 Video Before Voting TodayÖ

    08/30/2016 2:57:30 AM PDT · by cotton1706 · 29 replies
    theconservativetreehouse.com ^ | 8/30/16 | Sundance
    The last federal budget was signed into law September of 2007 for fiscal year 2008. Almost a decade has passed without a federal budget. The 2009 ARRA (American Recovery and Reinvestment Act), otherwise known as ďThe $1,000,000,000,000 í09 Stimulus BillĒ, has been spent every year for the past 7 fiscal years. Thatís correct. Due to no budget, and base-line budgeting continuous resolutions, aka ďomnibus billsĒ, weíve spent the 2009 ďStimulus BillĒ seven more times. Each year, for seven consecutive years. Ask yourself: Where did it go?
  • Fantastic: Obamaís final budget explodes deficit to $590 billion

    08/29/2016 5:56:18 PM PDT · by Sean_Anthony · 21 replies
    Canada Free Press ^ | 08/29/16 | Dan Calabrese
    That's a 35 percent increase, and it brings debt held by the public to the highest share of GDP since 1952 If I told you the deficit was soaring, economic growth was terrible and ObamaCare was collapsing, youíd assume that Obamaís approval ratings would be in the tank and the Democrats would have no hope of electing someone who basically promises to continue his policies. Well, Iím telling you. All this is happening. But these are not the major issues in the presidential campaign because one candidate is hopelessly corrupt and dishonest and the other one just really bothers people...
  • Estimating the Costs Of Candidate Clintonís Proposals [$2.2 trillion over the next decade]

    08/04/2016 1:42:57 PM PDT · by amorphous · 4 replies
    American Action Forum ^ | 4 August 2016 | Gordon Gray
    Former Secretary of State Hillary Clintonís policy proposals as a candidate for president would have a dramatic effect on the federal budget.[1] To her credit, Secretary Clinton has provided a fair amount of detail on her positions. In addition, other organizations, most prominently the Tax Policy Center and the Committee for a Responsible Federal Budget, have also provided estimates of the current candidatesí proposals. This analysis primarily relies on public statement provided by the Clinton campaign, news reports, and third party estimates, specifically from TPC, CRFB, and the American Action Forum. Based on these estimates, Secretary Clintonís proposals would, on...
  • Congress Should Not Use Defense Budget as Piggy Bank for Personal Priorities

    06/07/2016 9:21:19 AM PDT · by milton23
    The Daily Signal ^ | 6/7/2016 | Justin Johnson
    The defense budget should be used to pay things that make our country more secure and help the men and women in uniform accomplish their mission. Unfortunately, some in Congress use this funding as a piggy bank for their own unrelated priorities. In fact, for the current fiscal year, Congress took almost $500 million from the defense budget to pay for non-military research projects. This is the wrong way for Congress to operate, and is particularly concerning given how seriously underfunded our military currently is. The U.S. military is in rough shape due to crushing budget cuts over the last...
  • VFW Commander to Obama: Don't Insult Vets' Intelligence

    06/06/2016 2:05:23 PM PDT · by KeyLargo · 6 replies
    NewsMax ^ | June 3, 2016 | Jason Devaney
    VFW Commander to Obama: Don't Insult Vets' Intelligence By Jason Devaney | Friday, 03 Jun 2016 01:36 PM The Veterans of Foreign Wars organization is pushing back at President Barack Obama's assumption that the nation's veterans are easily swayed in their political opinions. "I don't know how many VFW Posts the president has ever visited, but our near 1.7 million members are a direct reflection of America," VFW National Commander John A. Biedrzycki Jr. said, reports Fox News. "We don't have confused politics, we don't need left- or right-wing media filters telling us how to think or vote, and we...
  • Gov. Jerry Brown's new budget must answer some tough questions

    05/13/2016 8:42:36 AM PDT · by ChicagoConservative27 · 9 replies
    Every May, governors revise their state budget plans and send a final proposal to the Legislature, a process that's designed to ensure that lawmakers use the most current information on the economy and tax revenues. And it's the economy that will likely take center stage in Friday morning's unveiling of Gov. Jerry Brown's new budget. Revenues collected from personal income taxes missed their target in April by about $1 billion, according to one preliminary analysis. At the same time, Democrats in the Legislature have urged Brown to do more to fund programs for struggling California families . How the governor...
  • U.S Cuts Aid, Pakistan To Pay For Own F-16 Fighter Jets

    05/04/2016 7:59:38 AM PDT · by huldah1776 · 6 replies
    TOLO News ^ | May 4, 2016 | TOLOnews
    The United States has informed Pakistan it will have to pay for eight American F-16 fighter jets itself after members of Congress raised objections to the proposed deal that would have seen the U.S sponsoring part of the purchase. The deal, estimated to be worth about $699 million USD, was approved by the U.S in February whereby the U.S would assist Pakistan with $430 million USD in aid to help finance the purchase. The deal involved up to eight F-16 fighter jets, along with radar and other equipment. However, this week, members of Congress voiced their unhappiness over the deal...
  • ExclusiveĖChart: Deportation Budget GrowsÖ While Deportations Plummet!

    05/02/2016 11:40:55 AM PDT · by Nachum · 6 replies
    Breitbart ^ | 5/2/16 | Caroline May
    While the budget for deportations has grown substantially over the past four years, the number of actual removals has plummeted. A new chart and analysis from the Senate Subcommittee on Immigration and the National Interest, obtained exclusively by Breitbart News, details the extent to which taxpayers are paying more and more for fewer and fewer deportations. More specifically, according to the Subcommittee, while Immigration and Customs Enforcementís (ICE) budget for detention and removal budget grew 25 percent from FY 2012 to FY 2015, the total number of aliens it removed plummeted by nearly 43 percent. In FY 2012, ICE deported...
  • Kansas governor eyes tobacco bonds for budget fix

    04/21/2016 6:47:00 AM PDT · by C19fan · 8 replies
    Reuters ^ | April 20, 2016 | Mark Kauzlarch
    Kansas Governor Sam Brownback offered options on Wednesday for dealing with sinking revenue for the state's current and next budgets, including the sale of tobacco bonds. With the fiscal 2016 revenue estimated to drop by nearly $94 million and fiscal 2017 revenue expected to be $134.7 million less than previously projected, the Republican governor said Kansas could raise about $158 million through its first sale of bonds backed by its share of a 1998 multi-state settlement with U.S. tobacco companies.
  • Democrats Won't Meet With Malloy About Budget

    04/19/2016 11:15:16 AM PDT · by matt04 · 11 replies
    With two weeks left in the legislative session Ė and Connecticut facing a potential $922 million deficit next year -- the state budget talks have hit a stalemate as Democrats are refusing to meet with Gov. Dannel P. Malloy over personal and policy clashes. Democrats have harshly criticized Malloy's revised budget, which calls for deep cuts in educational cost-sharing funds and even no educational funding for wealthy communities like Greenwich and Madison. Some consider Malloy's cuts on education and the hospitals to be dead on arrival because they lack support from both Democrats and Republicans. Communities like West Hartford and...
  • Lyiní Ryan Ė Four Months After Promising ďRegular OrderĒ Speaker Paul Ryan Announces No Prospect

    04/14/2016 6:00:47 AM PDT · by detective · 15 replies
    Conservative Treehouse ^ | April 13, 2016 | Sundance
    Truncated title. Full title: Lyiní Ryan Ė Four Months After Promising ďRegular OrderĒ Speaker Paul Ryan Announces No Prospect for Fiscal Year 2017 Budget Please allow me to be perfectly clear. I hold a Ďtraditional conservativeí outlook. Fiscally conservative. I donít care if what you do in your bedroom, nor does it bother me if you choose to marry a squirrel, wear a snickers bar costume to the grocery store, or make it your lifeís mission to spend all day filling canoes with pancakes. So long as your personal life choices in the pursuit of your happiness do not impact,...
  • Obamaís Tax-And-Spend Budget Would Add $7.5 Trillion To Debt, CBO Report Shows

    03/31/2016 4:31:38 AM PDT · by IBD editorial writer
    Investor's Business Daily ^ | 3/31/2016 | John Merline
    President Obamaís first budget as president declared that he was ushering in a ďnew era of responsibility.Ē His last budget as president shows that heís presided over an era of unprecedented fiscal irresponsibility. That at least, is what the Congressional Budget Officeís independent analysis of Obamaís budget makes plain.
  • Metro Shutdown Highlights Risks of Democratic Transportation Autopilot Formula Proposal

    03/24/2016 7:45:56 PM PDT · by Tolerance Sucks Rocks · 17 replies
    MCGOP ^ | March 22, 2016 | Mark Uncapher
    In an unprecedented move to protect Washington Metro ridersí safety, the entire transit system was closed for a day last week in order to conduct emergency inspections of electric cables. This had to be done, since a rash of fires, fatalities and other breakdowns has raised concerns about the 40-year-old rail systemís continued capacity to deliver safe, reliable service. Currently the Metro Rail fares cover only a portion of its operating expenses. The system is completely dependent on its parent jurisdictions for paying any capital costs. Without state support, the necessary money would not be available. Few events better highlight...
  • Military Budget of 2017

    03/17/2016 8:45:23 PM PDT · by Tameika Boyt · 3 replies
    http://sputniknews.com/us/20160318/1036493620/obamas-final-military-budget.html | 18-3-2016 | Tameika Boyt
    There is a great debate among the supporters and critics of 2017 military budget. Supporters say that Obama should have to cut down the military budget because it is better for country and nation is not liable to waste it valuable resources for imaginable enemy. Similarly, according to critics, US should have to make increments in its military budget when the danger of ISIS and Russian war aggression is growing upon the head of Americans. On the other hand, militant groups could also threaten the internal security of US bases including Randolph Air Force Base, Christi Naval Station and other...
  • House Budget Plan: Itís The Spending, Stupid

    03/17/2016 3:18:26 AM PDT · by IBD editorial writer · 16 replies
    Inestor's Business Daily ^ | 03/16/2016 | Staff
    Fiscal Policy: House Republicans have a budget plan that would balance the budget in 10 years entirely through spending cuts. But itís not likely to go anywhere because of the $30 billion in extra spending this year.
  • Republicansí Mindless Obstructionism Shows In Budget Battle [GOP IS BATTLING? REALLY?]

    03/14/2016 4:42:36 AM PDT · by expat_panama · 15 replies
    American Enterprise Institute ^ | 3/11/2016 | DANA MILBANK
    It has been an annual rite in Washington since the modern budgeting system began in 1974: The president sends his budget to Congress and lawmakers hold hearings on it. But not this year. The chairmen of the House and Senate budget committees announced, for the first time since their panels were created more than 40 years ago, that they would not have hearings on the presidentís budget or allow administration officials to testify. They decided this before President Obama released his budget, refusing to contemplate any budget from Obama ó sight unseen. This declaration, like the Senate Republicansí vow that...
  • Hartford (CT) Might Ask State for Financial Help: Sources

    03/10/2016 6:11:50 PM PST · by matt04 · 11 replies
    The NBC Connecticut Troubleshooters have learned Hartford city leaders are looking into the possibility of asking the state for help dealing with their troubled finances. Multiple sources familiar with the Hartford's financial situation tell the Troubleshooters that legislation could be finalized as soon as today that would open the door for state oversight. Those sources told the Troubleshooters, a meeting is set for tonight in the mayor's office to review a draft oversight board statute that would then be submitted to the Connecticut General Assembly. Over the past couple of weeks, Mayor Luke Bronin has said that every option is...
  • Iíd like to study that

    03/05/2016 6:48:07 AM PST · by snarkpup · 25 replies
    The Daily Sentinel ^ | 3/4/2016 | Greg Walcher
    A U.S. government that once famously spent $2.6 million to encourage Chinese prostitutes to drink more responsibly is capable of almost anything. Members of Congress often use these stories about absurd taxpayer-funded studies to make fun of the bureaucracy. Instead of just mocking silly studies, maybe they should put a stop to them.
  • Hospitals Cutting Jobs While Obama Continues to Throw Away Billions to This Industry

    03/01/2016 6:48:54 PM PST · by Tolerance Sucks Rocks · 25 replies
    Constitution.com ^ | March 1, 2016 | Dave Jolly
    During the 2008 presidential campaign, Sen. Barack Obama began peddling his national healthcare system. On more than one occasion, he pointed to Canada and the United Kingdom as examples of a workable national healthcare system. When I first heard him point to them, I instantly thought of Rachel, a work acquaintance who lived and worked in the United Kingdom. She was experiencing abdominal pains and having problems eating for months before Englandís National Health Service doctors finally diagnosed the problem to be her gall bladder. The doctor said it needed to be removed. However, from the time they wrote the...
  • Budget Deficit For Coming Year Hits $900 Million As Economic Woes Worsen (CT)

    02/29/2016 12:23:20 PM PST · by matt04 · 8 replies
    <p>The state budget deficit will hit $900 million next year, according to new numbers released Thursday, generating alarm among lawmakers of both parties and intensifying language on the part of Republican leaders.</p> <p>"Those are just incredible numbers. What's happening is really shocking,'' said Senate Republican leader Len Fasano of North Haven. "People should be scared."</p>
  • 2015 FLASHBACK: Donald J. Trump says doctors make too much money (video)

    02/19/2016 9:14:14 AM PST · by GodGunsGuts · 85 replies
    New Zeal ^ | February 18, 2016 | Renee Nal
    Is there anybody more "all over the map" on healthcare than Donald Trump?...
  • Obama's Budget to Nowhere

    02/16/2016 7:49:11 AM PST · by Kaslin · 8 replies
    Townhall.com ^ | February 16, 2016 | Stephen Moore
    Barack Obama's last budget is nothing if not is a grandiose visionary document. No one -- least of all, Congress -- paid much attention to it, because no one cares where this lame-duck president wants the country to go fiscally. But the $4.1 trillion Obama manifesto deserves some inspection, if only because it is crammed with so many awful ideas. Americans should be very clear about what the progressive left wants to do next if they retain the White House, and Obama has proudly shown his hand. I should say at the outset that Republicans have been no fiscal...
  • Obama budget busts the $4 trillion mark

    02/12/2016 7:32:31 AM PST · by SeekAndFind · 20 replies
    Hotair ^ | 02/12/2016 | Ed Morrissey
    While the rest of the world focused on the New Hampshire primary, the White House dropped a budget bomb. Congress will get a $4.1 trillion spending plan for FY2017 from Barack Obama, complete with a massive $2.8 trillion tax hike and a set of assumptions that boggles the imagination nearly as much as the topline spending number:CLICK ABOVE LINK FOR THE VIDEO ‚ÄúThe budget that we're releasing today reflects my priorities and the priorities that I believe will help advance security and prosperity in America for many years to come,‚ÄĚ Obama told reporters at the White House. ‚ÄúIt adheres...
  • Here‚Äôs Why Republicans Are Mocking Obama‚Äôs Final Budget Proposal

    02/10/2016 9:45:09 AM PST · by Cheerio · 27 replies
    The Daily Signal ^ | February 09, 2016 | Philip Wegmann
    President Obama’s final budget proposal, which increases government spending by $4.15 trillion, got a chilly reception Tuesday in Congress. Many Republicans already are dismissing the spending plan outright. House Speaker Paul Ryan, R-Wis., snarkily tweeted a survey asking what the mountain pictured on the cover of Obama’s budget proposal symbolized. Options: debt, regulations, taxes, or all of the above.
  • 70% Of Obama‚Äôs Budget Is Writing Checks To Individuals

    02/10/2016 4:26:54 AM PST · by IBD editorial writer · 76 replies
    Investor's Business Daily ^ | 2/9/2016 | Staff
    Budget: What is the federal government’s most important function these days? Based on the Obama budget released today, it’s not defense, or roads, or education, or the environment. It’s cutting checks.
  • FY 2017 NASA budget proposal place Obama on collision course with Congress

    02/09/2016 1:24:56 PM PST · by Marcus · 6 replies
    Blasting News ^ | February 9, 2016 | Mark R. Whittington
    The Obama Administration has put forth its FY 2017 NASA budget proposal, according to GeekWire. The overall spending level is $19 billion, an almost $300 million cut from the current fiscal year. Much of the money comes out of the development for the Orion deep space vehicle and the heavy lift Space Launch System, the very basis of the space agency’s plans for exploring deep space beyond low Earth orbit.
  • Pennsylvania stuck in historic budget gridlock

    02/09/2016 12:17:09 PM PST · by Olog-hai · 17 replies
    Associated Press ^ | Feb 9, 2016 3:15 PM EST | Marc Levy and Mark Scolforo
    Gov. Tom Wolf warned lawmakers on Tuesday that Pennsylvania's finances are a ticking time bomb amid a record-long budget gridlock, as he sent them a spending proposal for the coming fiscal year with no full plan in place for the year that began back in July. The first-term Democrat delivered an approximately $33.3 billion plan for 2016-17 to the Republican-controlled Legislature as he tries again to break down resistance to a multibillion-dollar tax increase that has held up passage of a budget for the current year. Wolf delivered his message in a blunt, 25-minute speech that prompted objections from most...
  • Obama budget forecasts sharp increase in deficit in fiscal 2016

    02/09/2016 8:15:07 AM PST · by DCBryan1 · 16 replies
    CNBC ^ | 09 FEB 16 | Staff
    President Barack Obama is sending Congress his eighth and final budget, proposing to spend a record $4.1 trillion on a number of initiatives. They include launching a new war on cancer, combating global warming and fighting growing threats from ISIS terrorists. The new spending plan, for the budget year that begins Oct. 1 -- just 3 1/2 months before he leaves office -- is facing heavy fire from Republicans who hope to capture the White House. The proposal had dim prospects of winning approval in a Republican-controlled Congress. In all, Obama's budget would increase taxes by $2.6 trillion over the...
  • Bombshell: Obama to cut border surveillance in half

    02/05/2016 11:30:24 AM PST · by amorphous · 81 replies
    WND ^ | 5 Feb 2016 | Leo Hohmann
    The U.S. Department of Homeland Security is planning to cut 50 percent of the budget for aerial surveillance along the U.S.-Mexico border, agents revealed at a congressional hearing Thursday. In an effort to understand why DHS is cutting funding, Texas's Republican Gov. Greg Abbott and Rep. Henry Cuellar, D-Texas, wrote a bi-partisan letter to DHS Secretary Jeh Johnson. "Any decrease in aerial observation is not only imprudent, but contradicts the very mission of border security enforcement," the letter states. The lawmakers' letter also asks for detailed information about the reduction aerial-based border security, also known as Operation Phalanx. Abbott and...
  • Pentagon unveils budget priority for next year: Countering Russia and China

    02/02/2016 3:26:52 PM PST · by BenLurkin · 19 replies
    Washington Post ^ | 02/02/2016 | Missy Ryan
    A senior defense official, who like others spoke on condition of anonymity to discuss the plans, said the advances made by Russia and China do "force a competition that has to be confronted in the next decade." Almost half of the new investments Carter will propose are related to what officials see as a growing threat from Moscow, where President Vladimir Putin has demonstrated his willingness to employ Russian military might from Ukraine to Syria. Despite repeated cease-fire agreements, the conflict in Ukraine continues there between Russian-backed separatists and the government in Kiev. If approved by Congress, the budget plan...
  • Obama to focus on expanding access to retirement accounts

    01/25/2016 9:35:05 PM PST · by Olog-hai · 35 replies
    Associated Press ^ | Jan 26, 2016 12:03 AM EST | Kevin Freking
    President Barack Obama will pitch some new proposals to expand access to retirement savings accounts and revisit some old ones when issuing his budget next month. [...] The White House says Obama's proposals, if enacted, would provide more than 30 million people access to a retirement account. The biggest chunk of that increase would occur through legislation requiring employers that don't offer a retirement plan to automatically enroll their workers in an Individual Retirement Account. The employers that did so would get a tax credit of $3,000 to help them offset the administrative expense. The proposal was also part of...
  • "Le Grand Guignol" Comes To Town ‚Äď Political Corruption in DC

    01/02/2016 10:07:37 AM PST · by Randall_S · 12 replies
    USA Transnational Report ^ | January 2, 2016 | Wallace Bruschweiler & William Palumbo
    By Wallace Bruschweiler and William Palumbo Over the last several years, the American people have witnessed one perplexing political shenanigan after another - a never-ending story. Instead of standing up for principles, for democracy itself, our elected leaders routinely sell-out the same country to which they swore an oath to protect. The most recent enormous sell-out was the passage of a budget that served only the government, not the country. It began with the election of a new Speaker, whom many hoped would serve the country better than his predecessor. Instead of a political savior, we got yet another total...
  • The Air Force will no longer fire three volley salutes at veteran funerals

    12/25/2015 1:37:09 AM PST · by WhiskeyX · 67 replies
    Fox News ^ | December 24, 2015 | Fox News
    When a veteran or member of the armed forces dies, he or she is entitled to a ceremony that includes the presentation of a U.S. flag to a family member and a bugler blowing Taps. Most of the time, there is a three-volley rifle salute if requested by family members. But now, if the deceased served in the Air Force, the three-volley salute is not an option because the Air Force can no longer support riflemen for funeral services for veteran retirees. [....] ‚ÄúTo me, without the 21-gun salute, it just does not make it complete a proper military burial,‚ÄĚ...
  • Reid‚Äôs promise to Ryan prompts skepticism from Republicans

    12/23/2015 6:00:46 AM PST · by C19fan · 18 replies
    The Hill ^ | December 23, 2015 | Scott Wong
    House Speaker Paul Ryan (R-Wis.) informed his GOP colleagues at a recent closed-door meeting that he had just received a ‚Äúpromise‚ÄĚ from Senate Democratic Leader Harry Reid. The room ‚ÄĒ filled with lawmakers skeptical of Reid‚Äôs motives ‚ÄĒ erupted in laughter.
  • Paul Ryan: ‚ÄėI Hate Omnibus Bill‚Äô But I Did It Anyway

    12/22/2015 3:17:41 PM PST · by C19fan · 65 replies
    Breitbart ^ | December 22, 2015 | MIchelle Fields
    House Speaker Rep. Paul Ryan (R-WI) told radio host Bill Bennett that he hates Omnibus bills, but he passed a $1 trillion omnibus last week anyway. ‚ÄúI hate omnibus bills and I don‚Äôt like doing these last-second bills,‚ÄĚ Ryan said. He added that he blames Sen. Harry Reid (D-NV) who filibustered, ‚Äúall but one appropriations bill‚ÄĚ and also his caucus who, ‚Äúseized up in the middle of the summer, unable to pass any appropriations bills because of some poison pill amendments
  • TITLE IX--TEMPORARY EXTENSION OF PUBLIC DEBT LIMIT

    12/21/2015 10:13:57 PM PST · by Walt Griffith · 13 replies
    H.R.1314 - Bipartisan Budget Act of 2015 ^ | 11/02/2015 | 114th-congress
    TITLE IX--TEMPORARY EXTENSION OF PUBLIC DEBT LIMIT (Sec. 901) The public debt limit is suspended through March 15, 2017. On March 16, 2017, the limit is increased to accommodate obligations issued during the suspension period. (Sec. 902) Adjustments to the debt limit for obligations during the suspension period are limited to obligations necessary to fund a commitment incurred by the federal government that required payment before March 16, 2017. The Department of the Treasury may not issue obligations during the suspension period to increase cash balances above normal operating balances.
  • Spending Bill Betrayal by Establishment Republicans Confirms Contempt for Base

    12/20/2015 10:52:02 AM PST · by Glad2bnuts · 15 replies
    Oath Keepers ^ | December 18, 2015 | David Codrea
    Spending Bill Betrayal by Establishment Republicans Confirms Contempt for Base by David Codrea , December 18, 2015 Elephantmary The Dead Elephant Party appears intent on forcing the rest of us down its suicidal path. How did your ‚Äúservants‚ÄĚ vote? Kurt Russell in ‚ÄúTombstone‚ÄĚ asks the essential question each of us must answer: ‚ÄúAre you going to do something or just stand there and bleed?‚ÄĚ