President-elect Joe Biden greeted the passage Monday night of a massive, 6,000-page coronavirus relief and spending bill with calls for more spending on the pandemic in the new year.
Spending on goods is up by 15.5 percent compared with pre-pandemic levels.
Former Vice President Joe Biden is proposing that the federal government spend $7 trillion in new outlays — three times what former Secretary of State Hillary Clinton proposed in new spending in her unsuccessful bid for president in 2016.
Socialist Sen. Bernie Sanders’ (I-VT) radical agenda would effectively double the size of government with at least $60 trillion in new spending, according to modest estimates.
The Trump administration followed through Thursday on its threat earlier this year to cancel a $929 billion grant that was meant to have funded high-speed rail rail in California.
Incoming House Majority Leader Steny Hoyer (D-MD) told reporters Tuesday that Democrats plan to re-introduce earmarks, a practice through which individual members of Congress attach request special funding requests to bills.
Spending jumped higher in 2018, so the budget deficit is higher despite a rise in tax revenue. There are no signs that this poses a risk to the Trump boom.
Former President Barack Obama tried to claim credit for President Donald Trump’s economic success. Obama admitted that the U.S. economy was “great,” but mocked Republicans for calling it a “miracle” after trashing his own economic policies.
spending rose at a robust pace in June, indicating that consumers have the capacity to push the economy onward.
U.S. President Donald Trump repeated questions Wednesday over payments from Germany to Russia for a gas pipeline and called for NATO allies to increase spending to two percent immediately, not by 2025.
California Gov. Jerry Brown has submitted his May revised 2018-2019 budget, which indicates he will leave office in January with the maximum $13.5 billion rainy-day fund. Brown, a liberal Democrat, has complained that no politician should face the type of
Conservatives cheered President Donald Trump’s rescission package that, if passed, would eliminate $15 billion in government spending.
Breitbart News Senior Editor at Large Joel B. Pollak defended last week’s omnibus spending bill on Monday evening’s edition of Breitbart News Tonight.
During a speech on the Senate floor on Tuesday, Senator Bob Corker (R-TN) stated that the omnibus bill “does have to be a wake-up call to people as to whether” the Republican Party “has lost its soul.” Corker said, “You
On Wednesday’s broadcast of the Fox News Channel’s “Fox News @ Night,” House Freedom Caucus Member Louie Gohmert (R-TX) reacted to the omnibus bill by stating “This is really tragic,” and “This is a rather dark day.” Gohmert said, “This is
President Donald Trump quickly signed the Congressional two-year spending deal on Friday, just hours after it passed the House of Representatives in an early morning vote.
On Wednesday’s broadcast of CNN’s “OutFront,” Representative Mo Brooks (R-AL) slammed the Senate budget deal and argued that federal dollars should be spent on improving the military and not a military parade. Brooks said, “When you have the kind of
“The Budget Agreement today is so important for our great Military,” he wrote on Twitter. “It ends the dangerous sequester and gives Secretary Mattis what he needs to keep America Great.”
Democrats leader Chuck Schumer claimed January 10 that President Donald Trump is weakening on immigration reform and suggested Democrats will block the 2018 budget unless a DACA amnesty is added to the funding bill.
How can the Tea Party movement, which campaigned on balancing the budget and paying down the debt, tolerate a massive tax cut that is only going to be followed by demands for more federal spending?
Californians may be able to vote on high-speed rail again, after Governor Jerry Brown’s cap-and-trade extension carried a Republican-backed provision requiring a referendum on how the cap-and-trade funds are to be spent.
Many of the wizards of Wall Street predicted stocks would slump if Donald Trump won the presidency. Now they’re worried that stocks could be vulnerable if President Trump’s agenda stalls in Washington, D.C.
Widespread damage caused by much-needed rain throughout Southern California this past week raised alarms about the status of the Golden State’s aging and crippling infrastructure.
The chairmanship of the Florida Republican party is up for grabs January 14th, and Breitbart News has obtained a list of potentially controversial reimbursements that could impact the race between incumbent chairman, Florida representative and Marco Rubio ally Blaise Ingoglia, and Trump supporter Christian Ziegler.
In January of 2015, the Pentagon completed and promptly buried an internal report identifying $125 billion in wasteful spending that would accrue over the next five years.
Although the Republican nominee spent less than half of what Clinton did last month, the Guardian reports that he has doubled his campaign spending.
2008 Vice Presidential nominee Sarah Palin blasted supporters of the #NeverTrump faction from a stage Friday in Denver for fueling Hillary Clinton’s path to victory with “dynamite” as she called them on the carpet, “You’re either with us or you’re against us.”
Democratic socialist Sen. Bernie Sanders takes his political revolution to Puerto Rico, promising in Spanish to legalize marijuana if elected president.
The United States government is cutting off millions of dollars worth of aid and is launching a probe into a network of NGO’s, companies, and employees in Turkey that have colluded to overcharge the U.S. government for basic aid it is providing to Turkey, as it settles thousands of Syrian refugees.
A new report on the state of the public school systems in Obama’s home state of Illinois finds they are $20 billion in debt with no end in sight to the growing budget failure. According to a new review by
The Amateur Athletic Union (AAU) touts itself as “dedicated exclusively” to amateur sports, but a new investigation shows that the amateurs are floating some awfully big-league paychecks for the union’s officials, including a million-dollar golden parachute to a former president.
California Attorney General Kamala Harris has replaced campaign manager Rory Steele after her campaign, flush with cash, spent nearly all of it.
Republican presidential candidates Louisiana Governor Bobby Jindal and former Arkansas Governor Mike Huckabee sparred over their spending records during Tuesday’s GOP undercard presidential debate on Fox Business Network. After Jindal said he was the only candidate who has cut government
In the last three months, California Attorney General Kamala Harris has pulled out all the stops in her campaign for the U.S. Senate, spending $1.4 million of the $1.8 million she raised while amassing another $400,000 in debts.
While most Americans slept, the Senate early Friday morning passed a massive budget deal suspending the debt limit into March 2017 and increasing federal spending over the next two years.
Senator Rand Paul (R-KY) argued that “Congress has become a shell of itself” and gets along too much, in addition to wondering whether debt is more disruptive than uncertainty over the debt ceiling in a speech on the Senate floor
Donald Trump is currently involved in a vicious argument with the Club for Growth over tax policy. The Club for Growth is running ads against Trump in Iowa accusing him of several offenses against growth-oriented conservatism, including a proposal to raise taxes. They added a bare-knuckle punch proclaiming Trump to be more liberal than Hillary Clinton, or even Bernie Sanders, and called him “the worst kind of politician.”
Republican presidential candidate and former Florida Governor Jeb Bush stated that his brother, former President George W. Bush “didn’t control the Republican Congress’ spending” on Tuesday’s broadcast of CBS’ “The Late Show with Stephen Colbert.” Jeb was asked, “in what
Activists enraged by California’s runaway spending have begun a campaign for the “Stop Blanks Check” ballot initiative. The measure, sure to make the ballot next November, thanks to $3 million in contributions and loans from wealthy Stockton-area formers and business owners Dean and Joan Cortopassi, aims to make sure that big-ticket multi-billion dollar spending projects have to be approved by the voters before they can move forward.
Left-wing Democrats in California are demanding that Governor Jerry Brown increase spending as he attempts to keep the state budget in the black. The battle allows rank-and-file Democrats to pose as champions of various issues dear to their constituents while Brown can be seen as a fiscal moderate.
