Free Republic

Rep. Jim McGovern (D-Mass.) slammed Republicans on Tuesday for proposing major cuts to the Supplemental Nutrition Assistance Program (SNAP), which helps an average of over 42 million Americans purchase food each month. “Folks who paid taxes and played by the rules, expecting that their government will help them if they fall on hard times and you guys want to tell them to all go screw themselves?” he said at a House Agriculture Committee markup meeting...... Experts warn that the bill could lead to more children facing food insecurity just as research shows that work requirements don’t actually lead to a...

An analysis by Yale University has found that a budget plan being considered by Republican lawmakers would ultimately transfer wealth from the poorest 40 percent of Americans to the richest 1 percent. Researchers Harris Eppsteiner and John Ricco of Yale's Budget Lab found that the proposed GOP budget whose framework was supported last month in a vote by the House would include $4.5 trillion in tax cuts that would largely benefit the wealthy, along with $1.5 trillion in spending cuts, including to benefits for the public, including the poorest. Approximately $230 billion of those cuts would come from the Supplemental...

They had the plan already waiting in the wings. Waiting for funding...just waiting for the crisis, and Newsome isn’t going to let it go to waste. This is what will be sold to the public. And it will all be either done or working prototype before the summer Olympics, heck the Athletes might be first one’s to test it all out in 2028. Newsome will look like a hero for resurrecting the area from the ashes. Via X on Meet the Press: Newsom: We’ve got a Marshall plan to rebuild Los Angeles 2.0 NBC: Tell us about that Marshall plan...

NEW YORK, Dec 26 (Reuters) - New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday. The law is intended to shift some of the recovery and adaptation costs of climate change from individual taxpayers to oil, gas and coal companies that the law says are liable. The money raised will be spent on mitigating the impacts of climate change, including adapting roads, transit, water and sewage systems, buildings and other infrastructure. "New...

The COP29 president Mukhtar Babayev says "time is not on our side" as the UN's climate summit is on the verge of collapse A bitter fallout erupted between richer and poorer countries over money to help tackle climate change and several countries walked out of negotiations Developing countries have dismissed an offer of $250bn (£199bn) per year to help them tackle climate change – some want a figure closer to $500bn One agreement has been made, on carbon markets, which has been "nine years in the making" The anger here from developing countries is palpable, our environment correspondent Matt McGrath...

This is perhaps the most powerful video montage of five compelling perspectives on the future of our world’s new banking system. Much of our world is bankrupt, the 50+ year old legacy monetary system built atop the US dollar as the world’s reserve currency is on life support, and major banks, currencies and governments are on the verge of collapsing. Individually, our only options are to 1) deny reality and make no changes, 2) seek answers from the very same people and institutions involved in and responsible for the collapse of our current financial system, or 3) seek wisdom from...

President Joe Biden has proposed changes to 401(k) retirement savings plans that will have a big impact on the tax break provided to 401(k) participants. If the Biden 401(k) plan were to become law, the tax deduction for contributing to a 401(k) would be replaced with a tax credit. This 401(k) change would likely result in high earners getting less of a tax break on their 401(k) savings and low and middle earners getting a bigger tax benefit.

PARIS - Before the applause had even settled in the suburban convention center where the Paris Agreement was adopted by consensus on Saturday night, world leaders warned that momentum for the historic accord must not be allowed to dissipate. "Today, we celebrate,: said Miguel Arias Cañete, the European Union's energy commissioner and top climate negotiator. "Tomorrow, we have to act." With nearly every nation on earth having now pledged to gradually reduce emissions of the heat-trapping gases that are warming the planet - a universal commitment that had eluded negotiators and activists since the first Earth Day summit meeting, in...

The draft of the international agreement to deal with climate change, which is being considered today in Paris by representatives from 195 countries, calls for the developed nations of the world to transfer wealth to developing nations, including through "public funds." "Developed country Parties shall provide financial resources to assist developing country Parties with respect to both mitigation and adaptation in continuation of their existing obligations under the Convention," says Article 9 of the draft agreement. "As part of a global effort, developed country Parties should continue to take the lead in mobilizing climate finance from a wide variety of...

President Obama will use a Wednesday speech to highlight his view that climate change is one of the most significant military threats to the United States and the world. Obama will argue in his address to graduates at the United States Coast Guard Academy that the fight against climate change is a fight for global peace and against the conflicts that lead to war, the White House said in a preview of his remarks. “I am here today to say that climate change constitutes a serious threat to global security, an immediate risk to our national security, and, make no...

THERE is a time for weighing evidence and a time for acting. And if there’s one thing I’ve learned throughout my work in finance, government and conservation, it is to act before problems become too big to manage. For too many years, we failed to rein in the excesses building up in the nation’s financial markets. When the credit bubble burst in 2008, the damage was devastating. Millions suffered. Many still do. We’re making the same mistake today with climate change. We’re staring down a climate bubble that poses enormous risks to both our environment and economy. The warning signs...

(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...

(CNSNews.com) - The top 40 percent of households by before-tax income actually paid 106.2 percent of the nation’s net income taxes in 2010, according to a new study by the Congressional Budget Office.At the same time, households in the bottom 40 percent took in an average of $18,950 in what the CBO called “government transfers” in 2010.Taxpayers in the top 40percent of households were able to pay more than 100 percent of net federal income taxes in 2010 because Americans in the bottom 40 percent actually paid negative income taxes, according to the CBO study entitled, “The Distribution of Household...

Poor countries pulled out of the United Nations climate talks during a fight over transferring wealth from richer countries to fight global warming. The G77 and China bloc led 132 poor countries in a walk out during talks about “loss and damage” compensation for the consequences of global warming that countries cannot adapt to, like Typhoon Haiyan. The countries that left claim to have the support of other coalitions of poor nations, including the Least Developed Countries, the Alliance of Small Island States and the Africa Group. Poor countries have demanded that the developed world give them $100 billion annually...

The Healthcare Act just forced upon Americans was pushed through with deceit by telling ignorant Americans they would receive healthcare at reasonable premiums. It turns out (as usual) that it was all a lie. What the Healthcare Act is, in fact, is a way to more thoroughly tax citizens without provoking a revolution. Millions of younger Americans never carried insurance because with good health they didn't need to. Now, the government is going to force EVERY adult to have healthcare. Many companies have dropped healthcare or have cut hours to 29 per week to not have to incur the costs...

Policy changes can ease the transition to a tech-driven economy.Being too early is a lot like being wrong. And for 40 years, the Left has been dead wrong in its Dickensian depiction of America as a nation suffering a “hollowed-out” middle class while the super-rich greedily grab all the income gains and heartless CEOs ship jobs to China. But where have been the decades of protests and riots? And why did America keep electing centrist- to center-right presidents? Even Barack Obama ran in 2008 as more Clintonian technocrat than Great Liberal Equalizer. The answer is that the data don’t back...

redistribution is not to americans. with no jobs there will be no money to pay for the entitlements. tax the rich to give to the poor. what rich?

There are many misguided souls who think President Obama is a a green environmentalist because he strives to limit offshore drilling and to halt the building of coal power plants. However, Obama's recent actions have shown that his motivation is not to protect nature's health and beauty. Sometimes in physics two different theories can explain the same observations. If an experiment is found that only one of the theories predicts, that theory is deemed superior. Two theories explain Obama's effort to limit domestic production of hydrocarbons. The first possible explanation for this effort is that Obama is an environmentalist. He...

The greedy politicians on the equally greedy limousine liberal arthur Blank want the taxpayers of Atlanta to foot the bill for a new stadium for the benefite of the sports team owners. WSB Radio is conduction a poll on the popularity of this idea. To get to the poll follow this link and look at the end of the paragraph on the superbowl story. there should be a link to the poll that says "WSB Poll" Click on the link and vote. Thanks

H.R. 3534, a bill to give our land away to the U.N., passed by a narrow margin. On July 30, 2010, 207 Democrats and two Republicans voted in favor of the bill, and 39 Democrats and 154 Republicans voted against it. Among many things, this bill exemplifies that bipartisan support in Among Congress only exists with the Republicans. The other news is that it raises fuel taxes an estimated 5 cents per gallon on gasoline and diesel.