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Keyword: moredebt

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  • What's Inside the Senate's $95 Billion Bill to Aid Ukraine and Israel and Counter China

    02/18/2024 1:21:09 PM PST · by hardspunned · 27 replies
    U.S. News ^ | 2/1424 | AP
    About $60 billion in the bill would go to supporting Ukraine as it defends itself from the Russian invasion that began nearly two years ago. There's nearly $14 billion to allow Ukraine to rearm itself through the purchase of weapons and munitions and another nearly $15 billion for support services such as military training and intelligence sharing. The support also includes nonmilitary assistance. About $8 billion would go to help Ukraine's government continue basic operations with a prohibition on money going toward pensions. And there's about $1.6 billion to help Ukraine's private sector. About a third of the money allocated...
  • The Clinton Plan’s Growth Deficit

    08/12/2016 12:17:05 PM PDT · by reaganaut1 · 1 replies
    Wall Street Journal ^ | August 11, 2016 | JOHN H. COCHRANE
    ... In return for more spending, Mrs. Clinton could have offered serious structural reforms: repeal of Davis-Bacon, time limits on environmental reviews, serious cost-benefit analysis, and so forth. Such a package would have been irresistible. Instead her plan simply asserts that Mrs. Clinton will “break through Washington gridlock” and “cut red tape”—promises made and forgotten by every presidential candidate in living memory. If the Sierra Club sues to block her worthy commitment to “upgrade our dams and levees,” will she really short-circuit the legal process, and how? The rest of Mrs. Clinton’s economic agenda is a thousand-course smorgasbord of government...
  • Obama Plans to 'Mobilize' Americans Around a 'National Mission'

    01/13/2014 5:31:23 AM PST · by PROCON · 141 replies
    CNSNEWS ^ | Jan. 13, 2014 | Susan Jones
    (CNSNews.com) - President Obama says he will use his upcoming State of the Union Address to "mobilize the country around the national mission of making sure our economy offers everyone who works hard a fair shot at opportunity and success." In his weekly radio address on Saturday, he outlined some of the steps he'll take to make 2014 "a year of action." "Working folks are looking for the kind of stable, secure jobs that went overseas in the past couple decades. So next week, I'll join companies and colleges and take action to boost the high-tech manufacturing that attracts the...
  • Calling all market doomsayers (vanity)

    10/27/2011 1:00:49 PM PDT · by Peter from Rutland · 41 replies · 1+ views
    Myself ^ | 10/27/2011 | Peter from Rutland
    So let's here it for all the literal loses who pulled out of the market and missed one of the best Octobers on record. Remember, it's buy low - sell high. Not, buy high - sell low. Hee haw! Sure does pay to have a financial adviser instead of a weak knee!
  • Obama's Budget Seeks $2 Trillion More in Spending and Deficits Than Last Year

    02/01/2010 9:07:15 PM PST · by myknowledge · 13 replies · 698+ views
    The Heritage Foundation ^ | February 1, 2010 | Brian M. Riedl
    Last year, President Obama swept into office on a promise to confront tough choices--and then released a budget proposing the largest debt-and-spending spree in American history. With Washington having committed itself to more government than its taxpayers could realistically afford, basic fiscal responsibility suggests that the President scale back his expensive proposals. Instead, this year's budget is even more fiscally irresponsible. Over the 10 years in which both budgets overlap (FY 2010-2019), this year's budget would spend an additional $1.7 trillion and run up an additional $2 trillion in budget deficits (see Table 1).[1] In fact, this year's proposal shows...