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Keyword: spending

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  • Revised Coronavirus ‘Boondoggle’ to Return to House Floor for Unanimous Consent Vote

    03/16/2020 6:35:08 AM PDT · by yoe · 15 replies
    American Greatness ^ | March 15, 2020 | Debra Heine
    On Monday, the House of Representatives will have to vote on a revised version of the coronavirus relief package that passed early Saturday morning, after “technical changes” were hastily added to the bill, (Roll Call) reported. After hours of negotiations between Speaker Nancy Pelosi and Treasury Secretary Stephen Mnuchin, H.R. 6201, (the Families First Coronavirus Response Act) sailed through congress with a vote of 363-40-1. Democratic legislators voted in lock-step for the bill while 40 Republicans voted against, bucking President’s Trump’s stated support for the emergency relief package. Rep. Justin Amash (I-Mich.) cast the abstaining vote. The revisions didn’t make...
  • Had Enough? Californians Turn Down Higher Taxes, Debt

    03/11/2020 8:58:34 AM PDT · by C19fan · 21 replies
    AP ^ | March 11, 2020 | Staff
    veryone knows that living in California comes with a price: Its residents pay some of the nation’s highest taxes on the money they earn, the gas they pump and the clothes they wear. But for the moment, at least, it appears voters have had enough. The defeat Tuesday of the largest borrowing proposal in the history of California schools — $15 billion for repairs — has opened the question of whether Californian voters put a temporary halt to the growth of government debt because of the unsettled political scene, or because they are on the cusp of a tax revolt...
  • Billionaire Bumblers: Bloomberg, Steyer Spent at Least $1,063,718,074 Trying to Oust Trump

    03/04/2020 10:27:09 AM PST · by JV3MRC · 45 replies
    NewsBusters ^ | 3/4/2020 | Joseph Vazquez
    Liberal billionaires Michael Bloomberg and Tom Steyer spent over $1 billion in their attempt to oust President Donald Trump from office, an effort that began even before their 2020 presidential campaigns. Adding Steyer’s 2017-2018 spending ($123 million) to both billionaires' current estimated campaign spending totals, a whopping $1,063,718,074 was spent in an attempt to oust Trump. To put this into perspective, that’s just less than approximately $600 million shy of Steyer’s entire net worth estimated at $1.6 billion.
  • Bloomberg Spent Average of $37.4M a Week on TV, Radio & Digital Media

    03/02/2020 8:07:09 AM PST · by JV3MRC · 19 replies
    NewsBusters ^ | 3/2/2020 | Joseph Vazquez
    In liberal billionaire presidential candidate Michael Bloomberg’s attempt to buy the White House, recent data show that he’s averaging tens of millions of dollars spent plastering the airwaves and the internet with ads. Advertising Analytics’ latest report revealed that the liberal billionaire 2020 candidate has been spending an average of $37.4 million on TV, radio and digital media per week since he announced his candidacy in November 2019. There was one qualifier: “[H]e [Bloomberg] was only off air the week of Christmas.” [Emphasis added.] The report noted that Bloomberg “has nearly doubled the cumulative total” spending of the Democratic field,...
  • Is the Economy Really Booming?

    02/25/2020 9:05:01 PM PST · by Tolerance Sucks Rocks · 32 replies
    Return to Order ^ | February 2020 | John Horvat II
    The economic indicators all show the economy is booming. Unemployment is at record lows. The stock market is seeing record highs. Wages are up, and taxes are down. Stifling regulations are being lifted. Everything seems to be working just fine. There is much truth in this perception of a boom. Part of this can be attributed to less government interference and taxation. Unnecessary government regulation and spending always hurt the economy. When markets are freer, profits tend to come galloping back. And much has galloped back. However, beneath the surface, major problems threaten the boom. These problems have long plagued...
  • Progressive Group: Sanders Has Proposed $53 Trillion In New Spending (And New Taxes To Pay For About Half Of It)

    02/25/2020 6:47:39 PM PST · by SeekAndFind · 9 replies
    Hotair ^ | 02/25/2020 | John Sexton
    I’ve seen plenty of commentators worried about Michael Bloomberg trying to buy the election. But the money Bloomberg has spent on his campaign is a rounding error compared to the new spending Bernie Sanders is promising his voters in the form of free tuition, free health care, etc. if he is elected. A group called the Progressive Policy Institute now estimates that Sanders has proposed an additional $53 trillion in new spending over the next ten years. In January, the Progressive Policy Institute published comprehensive cost estimates of the proposals offered by each of the leading candidates for president...
  • Bloomberg Is Now ‘Highest Spending Presidential Candidate of All Time’

    02/19/2020 6:17:04 AM PST · by JV3MRC · 18 replies
    NewsBusters ^ | 2/19/2020 | Joseph Vazquez
    Liberal billionaire 2020 presidential candidate Michael Bloomberg is willing to spend $2 billion to defeat President Donald Trump, and he continues to put his money where his mouth is. Advertising Analytics, which provides information on advertising spending, said in a tweet that “@MikeBloomberg is the highest spending presidential candidate of all time.” Bloomberg has apparently spent a jaw-dropping “$338.7M on traditional media, surpassing @BarackObama's 2012 record of $338.3M,” Advertising Analytics said Feb. 18.
  • Where is homeless funding going?

    02/18/2020 7:13:50 PM PST · by GLH3IL · 24 replies
    The Times-Herald ^ | 02/18/2020 | Marissa Kendall
    Chiu’s bill comes as the state and local governments are ramping up their spending on homelessness, but the number of people on the street continues to rise. Gov. Gavin Newsom recently proposed spending more than $1 billion on homelessness in his 2020-21 budget, including $750 million to build housing for the homeless and help prevent struggling families from ending up on the streets. His last budget also included about $1 billion to fight homelessness — including $650 million for cities and counties. Meanwhile, the crisis keeps getting worse. The homeless population grew by 42% between 2017 and 2019 in San...
  • Will Bloomberg News Ignore NYT Story on Bloomberg’s Massive Spending?

    02/18/2020 6:06:51 AM PST · by JV3MRC · 8 replies
    NewsBusters ^ | 2/18/2020 | Joseph Vazquez
    No wonder liberal billionaire 2020 candidate Michael Bloomberg does not want his own news outlet investigating him. They might have to do journalism and risk exposing where his money has been going all these years.The liberal New York Times chose to do some actual journalism by digging up records on Bloomberg’s enormous spending between 1977 and 2019 in a report Feb. 15. Bloomberg spent "at least" a whopping $10 billion split between charitable and political causes. Some of those causes included: abortion, climate change and gun control. As of now, the billionaire has poured an unheard of $401 million just...
  • Bernie Leads 2020 Field in Private Jet Spending

    02/02/2020 8:25:14 AM PST · by Hojczyk · 21 replies
    Washington Free Beacon ^ | February 1,2020 | BRENT SCHER
    The Bernie Sanders campaign spent just under $1.2 million on private jet travel last quarter, outpacing the entire 2020 Democratic presidential primary field. The most recent filing from Sanders reveals $1,199,579 in spending during the final three months of 2019 to Apollo Jets, LLC, a "luxury private jet charter service." The campaign spent an additional $23,941 for transportation to Virginia-based Advanced Aviation Team. The candidate who comes closest to matching Sanders in private jet spending was former vice president Joe Biden, whose campaign spent $1,040,698 to Advanced Aviation Team last quarter. Traveling by private jet is estimated to produce roughly...
  • Fine Print in New UN Report: Abortion Only Way to Keep Women Safe and Healthy

    01/31/2020 12:29:02 PM PST · by Tolerance Sucks Rocks · 14 replies
    The Center for Family and Human Rights ^ | January 31, 2020 | Rebecca Oas, Ph.D.
    WASHINGTON, D.C., January 31 (C-Fam) Last November at a summit in Nairobi, the UN Population Fund announced that it would take $264 billion to reduce global maternal deaths and protect women and girls from violence. The agency just released a publication outlining the details of how the billions would be spent—and the fine print includes abortion. One of the enduring legacies of ICPD in 1994 is the compromise that was struck among nations: that the legal status of abortion was for national governments to determine, and that where legal, it should be “safe.” In the past quarter century, the same...
  • The SECURE Act is changing retirement — here are the most important things to know

    01/28/2020 8:16:41 AM PST · by ProtectOurFreedom · 40 replies
    MarketWatch ^ | January 8, 2020 | Allesandra Malito
    President Trump signed the SECURE Act this week (January 8, 2020) as part of the government’s spending bill and it will inevitably affect most retirement savers, for better or worse. The SECURE legislation — which stands for “Setting Every Community Up for Retirement Enhancement” — puts into place numerous provisions intended to strengthen retirement security across the country. Part of the bill addresses the grim outlook for many workers who don’t have access to workplace retirement accounts. It offers small businesses tax incentives to set up automatic enrollment in retirement plans for its workers, or allows them to join multiple...
  • U.S. economy on path to 'solid' 2020 growth; budget deficits to top $1 trillion

    01/28/2020 12:14:20 PM PST · by Oldeconomybuyer · 12 replies
    Reuters ^ | January 28, 2020 | by Richard Cowan
    WASHINGTON - The U.S. economy will grow at a “solid” rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting $1.015 trillion. While the economy will be on good footing during this presidential election year, CBO also noted that conditions will lead to “higher inflation and interest rates after a decade in which both remained low, on average.” The inflation and interest rate rises will be noticed this year and continue through 2022 before settling down beginning in 2023, under the forecast. In its updated budget and economic outlook spanning the...
  • DC Suit Claims Inaugural Spending Enriched Trumps

    01/22/2020 12:48:22 PM PST · by SeekAndFind · 23 replies
    NewsMax ^ | 01/22/2020
    Donald Trump’s inaugural committee spent more than $1 million to book a ballroom at the Trump International Hotel in the nation's capital as part of a scheme to “grossly overpay” for party space and enrich the president's own family in the process, according to a lawsuit filed Wednesday. The District of Columbia's attorney general, Karl Racine, said the committee misused nonprofit funds and coordinated with the hotel’s management and members of the Trump family to arrange the events. He said one of the event’s planners raised concerns about pricing with Trump, the president's daughter Ivanka Trump and Rick Gates, a...
  • The 2020s Will Be the Decade of Deficit Doomsday

    01/20/2020 10:20:49 AM PST · by Tolerance Sucks Rocks · 33 replies
    Reason ^ | January 10, 2020 | Eric Boehm
    The decade that just ended saw a period of uninterrupted economic growth. In the decade to come, we'll pay for squandering it. Since the so-called Great Recession officially ended in the third quarter of 2009, the United States has enjoyed 42 consecutive quarters of solid if unspectacular economic growth. That's the longest run of uninterrupted growth since government economists began tracking the business cycle in the 1850s, far outpacing the average economic expansion of 18 months. Employment has increased by 12 percent, the jobless rate reached record lows, and America's gross domestic product (GDP) has increased by more than 25...
  • Proposed Social Security disability changes could cut off disabled recipients

    01/14/2020 8:04:30 PM PST · by Tolerance Sucks Rocks · 67 replies
    The Pittsburgh Post-Gazette ^ | January 13, 2020 | Kate Giammarise
    A proposed change to federal disability assistance would result in millions of more case reviews, likely cutting off many disabled recipients, if the changes are enacted. The federal government is accepting public comments on the proposal until the end of January. Under the proposal, millions more reviews would be conducted and hundreds of thousands of people would have reviews more frequently. “We think the real intent of this is just to be a backdoor cut to the program,” said Jen Burdick, a supervising attorney with Community Legal Services of Philadelphia, who assists people applying for disability benefits. Anyone applying for...
  • The Most Popular Crook in America

    01/10/2020 5:09:35 PM PST · by Tolerance Sucks Rocks · 16 replies
    The New Republic ^ | January 10, 2020 | Alex Pareene
    Maryland Governor Larry Hogan repeatedly steered state transportation development money to projects that would increase the value of his real estate holdings, according to a lengthy investigation by Washington Monthly’s Eric Cortellessa. Cortellessa reports that Hogan, who ostensibly left his brother in charge of his real estate brokerage firm when he was elected, has, in fact, maintained ownership and control while serving as governor; the trustees he handpicked to run his company have continued to keep him apprised of its business dealings. And as governor, he has advanced highway and road construction projects that directly boosted the value of land...
  • How the 2010s Became the Decade of Debt

    01/08/2020 11:09:11 AM PST · by Tolerance Sucks Rocks · 14 replies
    The Daily Signal ^ | January 07, 2020 | David Ditch
    At the end of 2009, the total federal debt was $12.3 trillion—a staggering amount of money. Now, it stands at an astonishing $23.1 trillion. That’s roughly $180,500 of debt for every U.S. household. It is important for Americans to understand how we got here, and what lawmakers can do to bring back fiscal sanity. Poor Handling of the Financial Crisis The federal government entered the 2010s with sky-high annual deficits. This had two primary causes. First, the Great Recession reduced incomes and profits, which meant a sharp decrease in tax revenue. A slow economic recovery kept tax revenue relatively low...
  • Gov. Lujan Grisham unveils $7.7 billion spending plan (NM - Spend and Tax Radical Dem)

    01/06/2020 12:30:17 PM PST · by CedarDave · 21 replies
    The Albuquerque Journal ^ | January 6, 2020 at 12:01 p.m. | Dan Boyd
    SANTA FE — New Mexico state spending would rise significantly for the second consecutive year under a budget proposal unveiled by Gov. Michelle Lujan Grisham on Monday that would boost state spending by $596.3 million — or roughly 8.4% — over current levels. The nearly $7.7 billion spending plan includes a proposed 4% salary increase for New Mexico teachers and more money for school districts with a large number of “at risk” students, as the state continues to grapple with the fallout of a landmark legal ruling about its public education system. It would also provide additional dollars to hire...
  • Uncle Sam Is Picking Your Pocket With High Taxes. Democrats Want to Raise Them Even Higher.

    01/04/2020 5:53:26 PM PST · by Tolerance Sucks Rocks · 21 replies
    The Daily Signal ^ | December 27, 2019 | David Ditch (FOX News)
    Some politicians running for federal office make it sound as if the biggest problem facing our country is that we don’t send enough of our paychecks to Washington, D.C. They propose increasing or creating new federal taxes on income, payrolls, business profits, carbon emissions, financial transactions, wealth, and more. Before they start trying to spend more and more of our money, they would do well to consider just how much they’re already spending. Looking back over the last decade, it’s clear they’ve already entered the “drunken sailor” stage. From 2010 through 2019, U.S. households sent an average of $228,000 to...