Keyword: spending

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  • World Offers Cautionary Tale for Trump’s Infrastructure Plan

    06/26/2017 11:14:16 AM PDT · by Tolerance Sucks Rocks · 19 replies
    The New York Times ^ | June 16, 2017 | Peter S. Goodman
    LONDON — The rest of the planet bears a warning for President Trump’s plan to lean heavily on private business in conjuring a trillion dollars’ worth of American infrastructure: Handing profit-making companies responsibility for public works can produce trouble. In India, politically connected firms have captured contracts on the strength of relationships with officialdom, yielding defective engineering at bloated prices. When Britain handed control to private companies to upgrade London’s subway system more than a decade ago, the result was substandard, budget-busting work, prompting the government to step back in. Canada has suffered a string of excessive costs on public...
  • Illinois budget crisis could shut down Aurora-area road projects

    06/25/2017 11:25:52 AM PDT · by Tolerance Sucks Rocks · 14 replies
    The Chicago Tribune ^ | June 23, 2017 | Steve Lord, Rafael Guerrero and Gloria Casas (Aurora Beacon-News)
    It's possible Illinois is about to come down with a statewide case of Seasonal Affected Disorder. The season is construction, which an old joke says is one of two in Illinois. The disorder is the continuing one in Springfield, where the ongoing budget crisis is about to shut down road projects during the height of that season. And the affected are everyone from officials who work to put needed projects together, to the drivers who have to negotiate construction zones and torn up streets. In Aurora, workers last week got the barriers and cones out to reduce Farnsworth Avenue, near...
  • The infrastructure myth

    06/21/2017 9:49:28 PM PDT · by Tolerance Sucks Rocks · 16 replies
    The Lagniappe Weekly ^ | June 21, 2017 | Jeff Poor
    Throughout the 2016 campaign and into the early stages of his presidency, Donald Trump vowed to make infrastructure improvements around the country. The promise was all part of his brand of populism — spend more money domestically and less abroad. America first. “We need members of both parties to join hands and work with us to pass a $1 trillion infrastructure plan to build new roads and bridges and airports and tunnels and highways and railways all across our great nation,” Trump pledged at a campaign rally in Melbourne, Florida, earlier this year. Given Trump’s Russia investigation toxicity, it will...
  • [Illinois State] Comptroller Mendoza Reaches Out to State Leadership (We're broke and going down!)

    06/21/2017 3:42:57 PM PDT · by Zakeet · 53 replies
    Illinois State Comptroller ^ | June 20, 2017 | Susana A. Mendoza
    OFFICE OF THE COMPTROLLER FORECASTS SEVERE FINANCIAL STRAIN BEGINNING IN JULY As Illinois' Chief Fiscal and Accountability Officer, my Office is responsible for managing the state's financial accounts as well as providing the public and the state's elected leadership with objective and timely data concerning the state’s difficult fiscal condition. As you are quite aware, I have been very vocal regarding these issues and the budgetary impasse since assuming office six months ago; however we are now reaching a new phase of crisis. Accordingly, I must communicate to you at this time the full extent of our dire fiscal straits...
  • Trump's $1 trillion infrastructure promise has an obstacle: His own budget cuts

    06/16/2017 5:52:41 AM PDT · by Tolerance Sucks Rocks · 14 replies
    WZVN ABC 7 ^ | June 9, 2017 | Patrick Gillespie
    NEW YORK (CNNMoney) -- President Trump says he's creating a $1 trillion plan to rebuild America's roads, bridges and runways. "We will create the first class infrastructure our country and our people deserve," Trump said Wednesday in Cincinnati. "It's time to rebuild our country to bring back our jobs." Trump has dubbed this week as "infrastructure week." But an analysis of the Trump budget finds that it cuts infrastructure spending overall by $55 billion, according to the University of Pennsylvania's Wharton Budget Model, a non-partisan research organization. (Coincidentally, Trump graduated from the Wharton School in 1968). Over 10 years, Trump's...
  • Journal Times editorial: The time for toll roads has arrived in Wisconsin

    06/15/2017 10:10:55 AM PDT · by Tolerance Sucks Rocks · 23 replies
    The Journal Times ^ | May 30, 2017 | The Journal Times Editorial Board
    Now that the long Memorial Day holiday is over and legislators and the governor have returned from their road trips, we hope they have a better sense of the condition of highways around the state and a renewed sense of urgency on the need for upgrades and repairs. The first order of business, it would seem to us, is to come to some agreement on a state transportation budget for the next two years. Hopefully, hopefully, when that is done they will also take a longer-term view of Wisconsin’s highway construction needs and how best they should be met —...
  • Trump infrastructure push faces cold shoulder from Congress

    06/15/2017 5:41:19 AM PDT · by Tolerance Sucks Rocks · 14 replies
    WXOW News 19 ^ | June 6, 2017 | Erica Werner (AP)
    WASHINGTON (AP) - Repairing the nation's crumbling roads and bridges was supposed to be an area ripe for bipartisan compromise between congressional Democrats and President Donald Trump. Instead, Democrats are panning Trump's proposed $1 trillion overhaul and even Republicans are balking at some aspects of the emerging plan. The White House's self-proclaimed "Infrastructure Week" began with Trump appearing Monday with aviation officials and some prominent GOP lawmakers to announce plans to privatize the nation's air traffic control system and separate operations from the Federal Aviation Administration.
  • Tolls, private financing obstacles to Trump's $1 trillion infrastructure plan

    06/12/2017 8:16:35 PM PDT · by Tolerance Sucks Rocks · 15 replies
    The Huntsville Item ^ | June 10, 2017 | Kery Murakami CNHI Washington Bureau
    WASHINGTON — President Donald Trump’s grand plan to spend $1 trillion over the next 10 years on highways and other infrastructure improvements faces a formidable roadblock in Congress and state legislatures. There’s agreement the investment is badly needed to improve the nation’s sagging infrastructure but how to cover the huge expense is the point of tension. Trump would use $200 billion in public funds to generate $800 billion in private money under a partnership program that would finance government bonds and also return a profit to private companies through interstate tolls and other user fees. To do that, Congress would...
  • A Constitutional Budget

    05/08/2017 8:22:56 AM PDT · by Sean_Anthony · 6 replies
    Canada Free Press ^ | 05/08/17 | Greg Penglis
    How much a Constitutional Budget would cost? During this entire budgeting and continuing resolution process, there are two words that will never be put together. They are “constitutional,” and “budget.” Why? Because no one in Washington wants to be restrained by the Constitution when it comes to getting money, spending money, and especially spending money they don’t have. Which is why we are some $20 trillion in for the National Debt. But it never had to be this way. It’s one thing to talk about the Constitution. It’s quite another to actually live by it. The Supreme Court doesn’t. They...
  • Trump signs spending bill, averting government shutdown

    05/05/2017 12:19:18 PM PDT · by TexasGunLover · 76 replies
    Reuters ^ | 05/05/2017 | Roberta Rampton
    President Donald Trump on Friday signed a $1.2 trillion spending bill approved by Congress, averting a government shutdown that would have begun at midnight. White House spokeswoman Sarah Huckabee Sanders, speaking to reporters at a regular media briefing, confirmed the president had signed the bill.
  • 10 Things The GOP Will Pass In Pork-Filled Budget Deal

    05/03/2017 7:40:18 PM PDT · by Tolerance Sucks Rocks · 26 replies
    MRC TV ^ | May 3, 2017 | P. Gardner Goldsmith
    Congratulations! The GOP holds the House, the Senate, and the White House, and, in addition to not abiding by the Constitution and repealing all of the so-called “Affordable Care Act,” they are set to pass a budget that not only hands the Dems pretty much everything they want, it also funds so many obviously crazy things that it would be virtually impossible to defend. Take a deep breath, and let’s dive into the swamp! The GOP budget does not cut taxpayer funding for Planned Parenthood, which comprises 40% of that organization’s income. Rather than mention that there’s nothing in the Constitution that...
  • Government-wide spending bill headed for a House vote

    05/03/2017 1:22:43 PM PDT · by detective · 3 replies
    Yahoo News ^ | 3 May 2017 | Andrew Taylor
    A government-wide spending bill that President Donald Trump seemed to criticize Tuesday morning but now calls "a clear win for the American people" is headed for a House vote. The House is scheduled to vote on the bipartisan $1.1 trillion measure Wednesday afternoon. It is a product of weeks of Capitol Hill negotiations in which top Democrats like House Minority Leader Nancy Pelosi successfully blocked Trump's most controversial proposals, including a down payment on the oft-promised Trump Mexico border wall, cuts to popular domestic programs, and new punishments for so-called sanctuary cities.
  • How Did We Get to $20 Trillion? Here's What the Numbers Show.

    05/03/2017 6:47:44 AM PDT · by SeekAndFind · 16 replies
    Medium ^ | 05/03/2017 | Jonathan Bydlak, President of the Coalition to Reduce Spending. SpendingTracker.org
    In survey after survey, most Americans tell pollsters they want politicians to address the national debt. Support for specific policies may ebb and flow over time, but what rarely changes are the promises politicians make and break in response. Image via Musée McCordAlmost all politicians pledge to spend responsibly while on the stump, but once they’re in office, voters are at the mercy of a system so complex and crisis-driven it becomes all but impossible to know who’s keeping their word.So who is?As only someone who founded and runs an organization dedicated to reforming federal spending can tell you, understanding...
  • Who should pick road projects? MnDOT, lawmakers clash over ‘earmarks’

    05/02/2017 11:52:22 PM PDT · by Tolerance Sucks Rocks · 4 replies
    The Twin Cities Pioneer Press ^ | April 10, 2017 | David Montgomery
    As Minnesota leaders debate how much new money to put toward the state’s roads, they’re also fighting about a related issue: who should choose which roads get attention? Ordinarily, the Legislature appropriates money for roads and bridges, and the Minnesota Department of Transportation decides how to spend the money. But bills in the Legislature this year take a different path: they order the MnDOT to do specific road projects. It’s a process called “earmarking,” and it could spark a showdown over road funding between the Republican-controlled Legislature and DFL Gov. Mark Dayton. Behind the feud are bad feelings from some...
  • VANITY: Post a message to Trump

    05/02/2017 1:20:20 AM PDT · by vannrox · 66 replies
    SELF | 2APR17 | VANNROX
    Since we know that members of the RNC ; Congress and the Senate visit FR from time to time, it is wholly possible that Trump and members of his team do so as well. It has occurred to me, that while they are hearing from Drudge, and Rush, and Brebart, it is possible that we can use FR as a forum to post our thoughts. If Donald Trump were to read FR and come across this post, what advice or words would you have for him regarding; 1. The new spending bill. 2. The border wall with Mexico. 3. Draining...
  • AllahPundit: "Rush on the terrible spending bill: 'Why is anybody voting Republican, if this is...'"

    05/01/2017 8:42:05 PM PDT · by SeekAndFind · 82 replies
    Hotair ^ | MAY 1, 2017 | BY ALLAHPUNDIT
    It’s a fair question.I know the headline makes it sound like he’s criticizing Trump, but after a year and a half of Rush Limbaugh applauding him at every turn, you should know better than that by now. He sort of criticizes him. It’s the special interests who are responsible for this garbage spending bill, he insists, aided and abetted by the corrupt Republican establishment. All true enough, but how about the superhero whom America elected to impose his will on Washington and to drain the swamp? Does he bear any blame? Would Obama bear any blame on conservative talk...
  • Deal on Government Funding Reached, Averting Shutdown; No Funding for the Wall

    05/01/2017 9:24:32 AM PDT · by SeekAndFind · 147 replies
    NBC News ^ | 05/01/2017 | by LEIGH ANN CALDWELL, KASIE HUNT and FRANK THORP V
    A deal has been reached on a $1 trillion-plus bill to fund the government for the final five months of this fiscal year, an agreement that is likely to avert a government shutdown. Congressional negotiators had been working through the weekend to hash out the last remaining complications in a bill to fund the government before the agreement was announced Sunday night. After President Donald Trump backed down on funding for the construction of a border wall, some additional sticking points remained, including health benefits for coal miners, funding for Puerto Rico and an additional $30 billion for defense, delaying...
  • Congress reaches deal to keep government open through September

    04/30/2017 8:12:52 PM PDT · by iowamark · 103 replies
    Chicago Tribune ^ | April 30 2017 | Andrew Taylor, Associated Press
    Congressional Republicans and Democrats forged a hard-won agreement Sunday night on a huge $1 trillion-plus spending bill that would fund the day-to-day operations of virtually every federal agency through September, denying President Donald Trump funding for a border wall and rejecting his cuts to popular domestic programs. Aides to lawmakers involved in the talks announced the agreement after weeks of negotiations. It's expected to be made public Sunday night. The catchall spending bill would be the first major piece of bipartisan legislation to advance during Trump's short tenure in the White House. While losing on the wall along the U.S.-Mexico...
  • It Will Take An Ax, Not A Scalpel, To Control Federal Spending

    04/29/2017 11:55:30 AM PDT · by Tolerance Sucks Rocks · 52 replies
    Inestor's Business Daily ^ | April 27, 2017 | Adam Brandon (Freedomworks)
    The federal government once again hit the debt ceiling. The ceiling limits the amount of money the federal government can borrow — a number that was set at $20.1 trillion. Although the issue should have been dealt with in 2015, then-Speaker John Boehner capitulated to President Obama and postponed the debt limit until March 16, 2017. Since then, the federal debt has grown by $1,414,397,000,000 — more than one trillion in less than two years. President Trump promised during his campaign to bring back American prosperity and make Washington work for everyone — not just for the small group of...
  • Congress passes short-term spending bill to avert government shutdown this weekend

    04/28/2017 11:36:16 AM PDT · by SeekAndFind · 28 replies
    Chicago Tribune ^ | 04/28/2017 | Alan Fram
    With just hours to spare, Congress easily approved a short-term spending bill Friday that would prevent a partial federal shutdown over the weekend. But on President Donald Trump's 99th day in office, lawmakers were leaving until next week without completing two other measures he's coveted: A Republican health care overhaul and a budget financing government for the entire year. The Senate sent the temporary spending measure to Trump by voice vote after the House approved it by a lopsided 382-30 vote. The bill keeps the government functioning through next Friday, which leaders hope will give bipartisan bargainers enough time to...