Posts Tagged ‘budget’

China Adopts a New Defense Budget

Against the backdrop of the seriousness of Ukraine’s Western-backed preparations for a dramatic escalation and aggression against Donbass and Luhansk, including with US-funded biological weapons, China has rolled out its defense budget for 2022. It happened on the opening day of the fifth annual session of the 13th National People’s Congress (NPC). Usually these annual […]

Where Heating The Home Breaks The Budget

By Tyler Durden More than one quarter of the Bulgarian population isn’t able to properly heat their homes according to data from Eurostat. With a share of 27.5 percent, the Balkan state tops the EU average by almost 20 percent as the following chart shows. You will find more infographics at Statista Bulgaria is followed by […]

NREGA Sangharsh Morcha demands an adequate budget for NREGA in 2022-23

The stress on the economy became evident, especially in the aftermath of the raging pandemic from the 7.3% contraction in GDP in 2020-21. The distress faced by poorer households has continued over a period of time with the pandemic acting as a catalyst in increasing the woes of such households. In a latest round of […]

When Your Government Ends A War But Increases The Military Budget, You’re Being Scammed

The US Senate has passed its National Defense Authorization Act (NDAA) military spending bill for the fiscal year of 2022, setting the budget at an astronomical $778 billion by a vote of 89 to 10. The bill has already been passed by the House, now requiring only the president’s signature. An amendment to cease facilitating […]

Greece: Protest against budget constrained by pandemic costs

Labour unions led by the Greek Communist Party staged a protest during a parliamentary budget debate on Thursday to demand a return of wage and pension levels that were axed during three successive international bailouts. Some 2,000 protesters gathered in front of the parliament building in central Athens as lawmakers debated the 2022 budget, which […]

US Congress approves massive $770 billion war budget

By an overwhelming bipartisan margin of 88-11, the US Senate voted Wednesday to approve the largest military budget in history, nearly $770 billion, some $25 billion more than the Biden administration had requested. The legislation passed the House of Representatives last week by a similar bipartisan margin, 363-70, and it now goes to the White […]

Budget for watershed management seen to jump fourfold

Budget for watershed management seen to jump fourfold – Tehran%20Times TEHRAN- The national budget bill for the next Iranian calendar year 1401, which starts on March 21, 2022, has allocated 16 trillion rials (about $53 million), which is nearly fourfold of the budget for the current year. According to the bill, a plan has been […]

The US military budget as a mushroom loud

Where are you going to get the money?  That question haunts congressional proposals to help the poor, the unhoused, and those struggling to pay the mortgage or rent or medical bills, among so many other critical domestic matters. And yet — big surprise! — there’s always plenty of money for the Pentagon. In fiscal year 2022, […]

Biden’s cash fuels DeSantis’ budget wishlist

“I think the most ironic piece about his budget is that the governor wants to take $1.2 billion in American Rescue Plan money and use that for the gas tax break,” state Rep. Anna Eskamani (D-Orlando) told reporters after the budget announcement. “As the governor continually attacks President Biden, the reality is we could not […]

A Guide to the Powerful But Limited Budget Reconciliation Process

News Analysis The reconciliation process has been in the headlines for months as Democrats have moved ahead with the process to pass their expansive $3.5 trillion budget bill, a move that Republicans have strongly criticized. The process, while very powerful, must comply with a slew of rules and restrictions that normal legislation is not subject […]

Democrat Budget Committee Chairman: ‘We Have Power to Create as Much $$ as We Need to Spend’

One Democrat lawmaker’s solution to combating money troubles in the United States is to simply create more out of thin air. “We are not broke as a nation. We are not bankrupt. We can’t go bankrupt. We absolutely cannot go bankrupt because we have the power to create as much money as we need to […]

Republicans Extract Wins on Critical Race Theory, Immigration, Out of Senate Budget Fight

Senate Republicans extracted victories from Democrats on critical race theory, immigration, and defunding the police during Tuesday’s late-night budget resolution fight. As the Senate prepared to vote on the budget resolution, conservatives introduced many amendments to the $3.5 trillion resolution to have some conservative wins from the mammoth bill. The series of amendments votes is […]

Arizona Governor Ducey Signs $12.8 Billion Budget

Arizona Governor Doug Ducey on June 30 signed off on a $12.8 billion state spending plan that includes $1.3 billion in immediate tax cuts and millions in targeted investments for education, child care, public safety, and wildfire prevention. “Each and every Arizona taxpayer, no matter their income, will experience a tax cut under our historic […]

California budget contains $1.2B in legislator earmarks

Praise for the deal poured in after the vote on CA AB129 (21R) from lawmakers trumpeting their victories, like $8 million to help a conservancy buy Banning Ranch, a 385-acre parcel of land in coastal Orange County. “This project will restore vital coastal wetlands, provide unparalleled coastal access for surrounding underserved communities and preserve this […]

New Jersey lawmakers advance $46.4B budget minutes after making it public

It totals $1.6 billion more than the $44.8 billion spending plan Murphy proposed in February, buoyed in large part by billions of dollars in better-than-expected revenues, and more than $4 billion Democrats who control the Legislature agreed to borrow last fall. There’s also $6.2 billion the state received from the most recent federal stimulus package. […]

Biden’s Proposed Budget for 2022 Uses Term ‘Birthing People’ Instead of ‘Mothers’

(LifeSiteNews) — President Joe Biden’s 2022 budget proposal is using the word “birthing people” instead of “mothers,” attempting to formalize the “inclusive” phrase born of radical transgender ideology. Released on May 28, the 72-page proposal for the 2022 fiscal year includes a section detailing the budget’s provisions intended to reduce maternal mortality and end “Race-Based […]

Biden Pentagon Budget Includes $40M on Combating ‘Extremism’ in Military

The Biden administration’s $715 billion Pentagon budget for fiscal year 2022 proposes spending about $30 million, on top of spending $9.1 million this fiscal year, on efforts to combat “extremism” in the military. The Pentagon’s summary of the budget, released Friday, attributed “recent events” for the spending: While we believe the vast majority of those […]

Brooks: Biden Budget ‘Redirects Money to Those Who Need It’

On Friday’s “PBS NewsHour,” New York Times columnist David Brooks stated that President Joe Biden’s budget proposal is moving in the right direction with a “just” redirection of money to people with a high school education or an associate’s degree. Brooks said, “I’ve never been a progressive or any — even close to that. But […]

Joe Biden’s $6T budget: Social spending, taxes on business

US President Joe Biden on Friday unveiled a $6 trillion (€4.9 trillion) budget for next year that’s piled high with new safety net programs for the poor and middle class, but his generosity depends on taxing corporations and the wealthy to keep the nation’s spiking debt from spiralling totally out of control. Biden has already […]

Republicans Counter $6 Trillion Budget Proposal With Fiscally Responsible $5.9 Trillion Budget Proposal

Republicans Counter $6 Trillion Budget Proposal With Fiscally Responsible $5.9 Trillion Budget Proposal WASHINGTON, D.C.—Congressional Republicans are speaking out today about the “wasteful and reckless spending” proposed as part of President Biden’s $6 trillion budget plan. As an alternative, the GOP has set forth their own fiscally conservative proposal totaling only $5.99 trillion. “Now that […]

Biden’s $6 Trillion Socialist Budget Will Cause Even More Inflation And Even More Shortages

If you are enjoying the ride on the highway to hyperinflation, then you are going to absolutely love Joe Biden’s new budget.  Instead of realizing the mistakes that he has made and reversing course, Biden has decided that now is the time to push the accelerator to the floor.  That means that a lot more […]

Biden Unveils $6 Trillion Budget That Will Raise Federal Spending To Highest Post-WW2 Level

US stock futures soared Thursday morning as President Biden unveiled his first federal budget, which calls for the government to spend $6 trillion in the 2022 fiscal year, with total annual spending set to increase to $8.2 trillion by 2031. Stocks initially kneejerked higher, then retreated on the headlines reporting the proposed budget, which Biden can […]

Woke Social Engineering With a Big Price Tag: Victorian Budget

Commentary One of the most intriguing announcements in last week’s Victorian state budget was the removal of a land tax exemption for gender-exclusive clubs (affecting men-only or women-only clubs). It was also one of the smallest changes in a big-spending, big-taxing budget, reaping the state just $100,000 or so out of a total revenue of […]

New Business Levy to Fund $3.8B Mental Health Reform: Victorian Budget

Victorian-based businesses will be levied with a new surcharge to rebuild the state’s “broken” mental health system, according to the state’s newly released 2021-22 budget. On Thursday, Treasurer Tim Pallas revealed the state of Victoria’s economy, which is expected to reach a net debt of $102.1 billion this year and increase to $156.3 billion in […]

Ready, Set, Fire—Federal Budget Signals Upcoming Aussie Election Spending Spree

Commentary There can be no doubt that the 2021-22 Australian federal budget announced last week was simply a spending spree. Policy decisions announced since October 2020 will be adding $31 billion a year to the deficit by 2023-24. In the context of a strengthening economy and already bloated public debt, this marks the 2021-22 budget […]

Industry Bodies Welcome Home Ownership Initiatives in 2021 Budget

The Australian housing and mortgage sectors are commending the federal governments new and expanded measures announced in the Federal Budget on Tuesday to help more Australians become homeowners and, in turn, drive economic recovery. Property Council of Australia (PCA) chief executive Ken Morrison said in a statement that the PCA commended the federal government for the […]

Early Education Sector Applauds New Funding From Federal Budget

Early education organisations in Australia have applauded the Federal Budget’s new funding for the sector. Other than the previous commitment of $1.7 million for the Child Care Subsidy, the Federal Government last night announced it would further inject $2 billion into early childhood education over the next four years, which will ensure every child receives […]

Why the Pentagon Budget Never Goes Down

Joe Biden’s First 100 Days Were a Pentagon Prize The first 100 days of President Joe Biden’s administration have come and gone. While somewhat exaggerated, that milestone is normally considered the honeymoon period for any new president. Buoyed by a recent election triumph and inauguration, he’s expected to be at the peak of his power when […]

Squad & Co: Unite as a Block to Downsize Biden’s Military Budget

Written by Medea Benjamin and Marcy Winograd Photo credit: ICAN (International Campaign to Abolish Nuclear Weapons) Imagine this scenario: A month before the vote on the federal budget, progressives in Congress declared, “We’ve studied President Biden’s proposed $753 billion military budget, an increase of $13 billion from Trump’s already inflated budget, and we can’t, in […]

Eric Garcetti Unveils ‘Justice Budget’: Income Grants, ‘DACA Fees,’ ‘Slavery Reparations,’ ‘Alternatives to Policing’

Los Angeles Mayor Eric Garcetti told the city Monday evening in his annual “State of the City” address that L.A. was more “just” and “forward-looking” after a year of pandemic, riots, and economic shock. “Through our pain and our trauma, we showed who we are, and defined what we believe,” Garcetti said. Join us live […]

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes