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Keyword: spending

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  • Controlling the Debt Is Gonna Be Painful: Do Americans REALLY want government to control the debt?

    10/16/2018 6:56:29 AM PDT · by SeekAndFind · 18 replies
    National Review ^ | 10/16/2018 | Robert VerBruggen
    Entitlement cuts, tax increases, howling seniors: This is our future, whenever we choose to face it. The Manhattan Institute’s Brian Riedl isn’t trying to trigger the libs. His new plan to stabilize the debt doesn’t gut welfare, doesn’t repeal the New Deal — hell, it doesn’t even keep tax increases off the table, which practically makes him a lefty pariah in modern GOP circles.But it’s still going to alienate just about every elected official across the political spectrum, because it illustrates what it would actually take to get our mushrooming deficits under control. We’re talking weaker Social Security benefits, a...
  • There is officially no longer a party of fiscal responsibility

    10/03/2018 6:35:58 PM PDT · by TBP · 23 replies
    Glenn Beck.com ^ | October 3, 2018 | Glenn Beck
    What I'm about to say is flat out disgusting. If you just ate your breakfast, you may want to observe caution over the next 5 minutes. Now before I tell you this, keep one thing in mind: Republicans control all three branches of government. Here we go. It's October, which means the fiscal year has officially ended, so that means the debt numbers are in. Brace yourselves for impact. The federal debt has increased by over $1.2 trillion. Total federal debt is now over $21 trillion and rising. The $1.2 trillion increase is the sixth largest debt increase... in the...
  • Budget Malfeasance: Will America's Refusal To Curb Spending And Debt Cause Next Meltdown?

    09/27/2018 8:18:53 AM PDT · by SeekAndFind · 6 replies
    IBD ^ | 09/27/2018
    Two recent stories caught our eye. One noted that, even after President Trump's tax cuts, Americans spent more on taxes than they did on food and clothing. The other noted that, as interest rates and the debt rise, the U.S. will soon spend more on interest than on defense. What gives? The fact is, the cost of government is soaring, largely because of uncontrolled spending. This shouldn't be a surprise. At the federal level, despite the moral posturing about debt by both parties, the U.S.' debt has soared from less than $10 trillion a decade ago to more than $20...
  • Trump will sign spending bill to keep government open

    09/26/2018 12:32:21 PM PDT · by Lady4Liberty · 63 replies
    <p>2:30 p.m.</p> <p>President Donald Trump says he will sign a spending bill to avert a looming government shutdown set to begin Monday.</p> <p>Speaking at the United Nations, Trump told reporters Wednesday, Were going to keep the government open.</p> <p>Trumps remarks came at the House was set to vote later Wednesday on a bill that funds the military and many civilian agencies for the next year and provides a short-term fix to keep the government open through Dec. 7.</p>
  • NATO chief credits Trump with alliance spending increases (and he deserves it)

    09/15/2018 10:48:27 AM PDT · by SleeperCatcher · 9 replies
    Great Power War ^ | 9/15/18 | USA Features
    Without question, Trumps in-your-face pressure though uncomfortable for many in Western diplomatic circles has had an impact in overall NATO readiness. The spending increases are only part of the equation; the alliance has been dragged kicking and screaming back into the reality that it faces its greatest security challenge in decades as Russia, a revisionist power seeking to challenge the U.S.-led order in Europe, rises and threatens.
  • Walker wants DOT to look into expanding portion of I-41

    09/06/2018 12:13:59 AM PDT · by Tolerance Sucks Rocks · 5 replies
    FOX 11 News ^ | August 22, 2018 | FOX 11 News
    (WLUK) -- One could argue summer is a synonym for construction season. You'll likely find orange barrels in the summer and traffic certain hours of the day. "I see it sometimes coming the other way," said Luke Agnew of Fall River. Once a week, Agnew makes the more than 100 mile drive from Columbia County to Door County."It's usually late evening or mid-morning," he said. He tries his best to avoid the stop and go but not all drivers can say the same. When it comes to the I-41 corridor between De Pere to Appleton, Gov. Scott Walker announced Wednesday:After...
  • Trump breaks 20-year fouled up budget gridlock, scores big wins

    09/05/2018 4:20:34 PM PDT · by RightGeek · 37 replies
    Washington Examiner ^ | 9/4/2018 | Paul Bedard
    President Trump, Senate Majority Leader Mitch McConnell, and House Speaker Paul Ryan have teamed up this summer to do something that hasnt happened in two decades write and pass department spending bills instead of lumping everything into a massive package. The House and Senate are moving at a brisk pace to pass the appropriations bills, with the Senate leading, approving nine of 12. Whats more, the Trump administration has pushed through key priorities on wall and Pentagon spending, as well as curbing wasteful programs, though still ending up with a more expensive budget than they wanted by over $50...
  • Trump cancels scheduled pay raises for most federal employees

    08/30/2018 12:09:00 PM PDT · by Oldeconomybuyer · 63 replies
    NBC "News" ^ | August 30, 2018 | by Adam Edelman
    In a letter to House and Senate leaders, Trump claimed "federal agency budgets cannot sustain such increases." President Donald Trump announced Thursday that he was canceling pay raises for most federal employees that had been set to go into effect in January, citing government budget concerns. In a letter to House and Senate leaders, Trump wrote that he’d decided “across-the-board” pay raises as well as locality pay raises for civilian federal workers in 2019 would be frozen. “I have determined that for 2019, both across‑the‑board pay increases and locality pay increases will be set at zero,” he wrote. “These alternative...
  • The Billion Dollar Homeless Scam

    08/16/2018 9:31:13 AM PDT · by detective · 11 replies
    Front Page ^ | August 16, 201 | Daniel Greenfield
    The more we spend, the worse it gets. New York City will be spending $2.06 billion on its Department of Homeless Services. There are 61,421 homeless people in the city which is spending $33,539 per homeless person. Thats only a little short of the starting salary of an FDNY firefighter at $39,000. More money will be spent on the homeless than on the firefighters who save New Yorkers from burning buildings. The FDNY will have to make do with $2.04 billion, and the health department with $1.6 billion. Thats impressive for DHS, a department that was only created in 1993...
  • Smug Seattle keeps throwing money after streetcar, bike lane fiasco thats totally off the rails

    07/31/2018 11:00:36 PM PDT · by Tolerance Sucks Rocks · 43 replies
    FOX News ^ | July 31, 2018 | Printus LeBlanc
    Once again, the oh-so progressive, oh-so enlightened Seattle City Council is showing the rest of the country what not to do. The idealistic leftists who control the Council are wasting millions of hard-earned taxpayer dollars in failed attempts to solve problems the Council members created. All this is turning Seattle into the poster city for the failure of Big Government. The city best known for fish markets, coffee stores, rain and flannel-wearing musicians is now becoming legendary for its incompetent leadership and its financial boondoggles. The latest example of Seattle senselessness is the Councils costly and deeply flawed efforts to...
  • Here's how Alexandria Ocasio-Cortez would pay for the trillions in new spending she is proposing

    07/28/2018 7:02:11 PM PDT · by SeekAndFind · 80 replies
    American Thinker ^ | 07/28/2018 | Rick Moran
    Democratic socialist Alexandria Ocasio-Cortez appeared on The Daily Show with Trevor Noah and was asked a simple question that any politician worth his salt would hit out of the park for a home run. How was she going to pay for the trillions of dollars in spending for all the free stuff she was proposing? Daily Caller: "This is an excellent, excellent question," she replied.  "I sat down with a Nobel Prize economist last week – I can't believe I can say that, it's really weird – But one of the things that we saw is, if people pay...
  • Chinese 'highway to nowhere' haunts Montenegro

    07/21/2018 1:15:26 AM PDT · by Tolerance Sucks Rocks · 27 replies
    Reuters ^ | July 16, 2018 | Noah Barkin and Aleksandar Vasovic
    PODGORICA (Reuters) - Perched atop massive cement pillars that tower above Montenegros picturesque Moraca river canyon, scores of Chinese workers are building a state-of-the-art highway through some of the roughest terrain in southern Europe. The government has described the 165 km (103 mile) highway, with its imposing bridges and deep-cut tunnels, as the construction of the century and a pathway to the modern world. It is designed to link the port of Bar on Montenegros Adriatic coast to landlocked neighbor Serbia. But once the first, challenging 41 km stretch through mountains north of the capital is completed, the government faces...
  • Feds Collect Record Individual Income Taxes Through June; Still Run $607B Deficit

    07/13/2018 10:42:22 AM PDT · by Red Badger · 16 replies
    www.cnsnews.com ^ | July 12, 2018 | 10:48 PM EDT | By Terence P. Jeffrey
    The federal government collected a record $1,305,490,000,000 in individual income taxes through the first nine months of fiscal 2018 (October 2017 through June 2018), according to the Monthly Treasury Statement released today. Despite the record individual income tax collections, the federal government still ran a deficit of $607,099,000,000 over those same nine months, according to the Treasury statement. The approximately $1,305,490,000,000 in individual income taxes that the Treasury collected in October through June of this fiscal year was $71,815,310,000 more (in constant June 2018 dollars) than the $1,233,674,690,000 (in constant June 2018 dollars) in individual income taxes that the Treasury...
  • Macron Denies Trump Claim That NATO Allies Agreed to Increase Spending Beyond Goals

    07/12/2018 12:40:11 PM PDT · by tcrlaf · 75 replies
    Mediaite/MSN ^ | 7-12-2018 | Aidan McLaughlin
    President Donald Trump on Thursday said NATO allies agreed to substantially up their commitment to the alliance after he told leaders he was extremely unhappy. Tremendous progress has been made. Everyones agreed to substantially up their commitment. Theyre going to up it at levels that theyve never thought of before, Trump said at his press conference in Brussels. Commitments were made, he said. The commitment was at 2 percent, ultimately thatll be going up quite a bit higher than that. French President Emmanuel Macron denied that any NATO members had agreed to boost contributions beyond 2 percent GDP. There is...
  • Consumers Buy More Shoes and Apparel in May As Disposable Income Edges Up

    07/01/2018 3:57:46 PM PDT · by 2ndDivisionVet · 5 replies
    Footwear News ^ | June 29, 2018 | Arthur Friedman
    Despite some slowdown in the pace of growth, solid economic indicators, like a rise in consumer spending, point to positive signs for the U.S. economy. The Bureau of Economic Analysis reported Friday that disposable personal income (DPI), a key gauge for retail spending, rose 0.4 percent, or $63.2 billion, in May. Personal consumption expenditures (PCE) grew 0.2 percent, or $27.8 billion, and was up 2.3 percent from May 2017. Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in May, and real PCE decreased less than 0.1 percent, the BEA said. The PCE price index was up 0.2...
  • A Spending Embarrassment

    06/24/2018 11:46:50 AM PDT · by Tolerance Sucks Rocks · 7 replies
    The Wall Street Journal ^ | June 24, 2018 | WSJ Editorial Board
    Republicans have had a rough week, mostly of their own making, and on Wednesday they added to their self-punishment with a spending fiasco in the Senate. Two GOP Senators blocked the Trump Administrations rescissions package that would claw back $15 billion, much of which wasnt even likely to be spent under current policy. A Senate procedural vote to move the rescissions package failed 48-50 after defections from Susan Collins of Maine and Richard Burr of North Carolina. From what weve heard Ms. Collins wanted to keep the money on ice so if it isnt spent as part of its current...
  • House approves Trump's bill to slash $15 billion in federal funds...

    06/08/2018 6:21:10 PM PDT · by caww · 38 replies
    washingtonexaminer ^ | 6/7/2018 | by Al Weaver
    Late Thursday the House passed President Trump's proposal to rescind $15 billion in previously appropriated funding by the government that was never spent.....Lawmakers approved the bill in a narrow 210-206 vote, which was close because 17 Republicans voted against it. The vote is meant to put conservatives at ease about the huge two-year spending deal lawmakers reached this year, which will increase spending by about $300 billion over that period of time. President Trump and the White House worked closely with House Majority Leader Kevin McCarthy, R-Calif., on the package, entitled the Spending Cuts to Expired and Unnecessary Programs Act....
  • See the list: Gov. John Bel Edwards vetoes projects in state construction bill

    06/08/2018 8:01:19 AM PDT · by Tolerance Sucks Rocks · 2 replies
    The Advocate ^ | June 6, 2018 | Mark Ballard
    <p>Acadiana lost $26.6 million in proposed construction projects with the stroke of Gov. John Bel Edwards veto pen Wednesday.</p> <p>Twenty-nine projects were part of the 40 items struck from the states annual construction budget by Edwards using his line-item veto authority.</p>
  • House passes Trump's plan to claw back $15 billion in spending

    06/08/2018 5:37:11 AM PDT · by cotton1706 · 24 replies
    thehill.com ^ | 6/7/18 | Juliegrace Brufke and Niv Elis
    The House voted along party lines late Thursday to pass a White House proposal that would claw back nearly $15 billion in previously approved government funding. The House approved the measure in a vote of 210-206, with conservatives calling it a step in the right direction after they ripped into the price tag of the $1.3 trillion spending bill President Trump signed earlier this year
  • Does the Average Teacher Spend Nearly $500 a Year on School Supplies?

    06/01/2018 9:59:37 AM PDT · by SeekAndFind · 96 replies
    National Review ^ | 05/31/2018 | By FREDERICK M. HESS & RJ MARTIN
    An honest teacher-pay debate requires careful attention to the facts. This springs teacher walkouts have spurred renewed attention to the question of teacher pay. The topic is a serious one, warranting the extensive reportage its received. At times, however, the medias progressive sympathies, the allure of hard-luck tales, and concerted PR by teachers unions have yielded some questionable coverage. A recent case has been the spate of stories suggesting that teachers routinely reach into their own pockets to spend extraordinary sums on classroom materials. There is no other job I know of where the workers subsidize what should be a...