Posts Tagged ‘spending’

House Dems remove Iron Dome funding from spending bill amid pressure from progressives

House Democrats removed funding for Israel’s Iron Dome defense system from the short-term government spending bill yesterday, in what activists hailed as “an unprecedented moment for Palestinian rights.” The move came in response to pressure from progressive Congress members. NEWS: House Democrats are removing the Iron Dome provision from the CR amid pushback from progressives […]

Richest Canadians Biggest Beneficiaries of Pandemic Spending

Despite large amounts of government assistance during the pandemic, Canadians borrowed more than they saved in 2020, according to Statistics Canada, while an economic analyst says some of the government’s pandemic aid wasn’t well targeted and went to high-income households that didn’t need it. The richest quintile of households, or the top fifth, saved $186.61 […]

Lawmakers pave way for $1.2 trillion in new military spending over next 10 years

These pages recently covered the Senate Armed Services Committee’s successful effort to add $25 billion in taxpayer-funded slush to the annual defense budget bill. Democrats and Republicans joined hands to fatten up the defense bill by 3.5 percent, with Sen. Elizabeth Warren (D-MA) casting the lone dissenting vote. That increase was just endorsed by the House Armed […]

Biden Says $3.5T Spending Plan Won’t Stoke Inflation

President Biden claims that the Democrats’ $3.5 trillion spending plan won’t trigger inflation – a key objection from Republicans. “If your primary concern right now is the cost of living, you should support this plan, not oppose it,” said Biden during Wednesday comments at the White House, adding that the plan would lower drug prices and other […]

Mike Lee: Biden Spending Plan a ‘Multi-Trillion Dollar Inflation Bomb’ — ‘Reverse Robin Hood’

Sunday on New York WABC 770 AM radio’s “The Cats Roundtable,” Sen. Mike Lee (R-UT) ripped the Democrats’ $3.5 trillion infrastructure deal. Lee described the “multi-trillion dollar inflation bomb” as “reverse Robin Rood” because it robs the poor to give to the rich. He warned the middle class and below “will be most hurt” by […]

49 jewish Groups Demand Biden Give Illegals “Path to Citizenship” in Spending Bill

jews wants to flood all White countries with hordes of foreigners, while viciously protecting the borders of Israel against Palestinians wishing to return to their rightful homeland. From National File: 49 Jewish groups including the Anti-Defamation League (ADL), run by Jonathan Greenblatt, sent a letter to Joe Biden, Kamala Harris, Chuck Schumer and Nancy Pelosi […]

Washington’s National Security Spending Follies

by Mandy Smithberger & William D. Hartung President Biden’s first Pentagon budget, released late last month, is staggering by any reasonable standard.  At more than $750 billion for the Defense Department and related work on nuclear weapons at the Department of Energy, it represents one of the highest levels of spending since World War II — far higher than […]

Majority Concerned Biden Administration Spending Could Lead to Inflation: Poll

A poll from Monmouth University on Wednesday revealed that the majority of people are concerned that President Joe Biden‘s funding priorities will lead to inflation. Participants were asked how concerned they are that the spending plans could lead to a big jump in the price of goods and services. A total of 71 percent said they […]

US Spending $1.2 Billion on Merck’s COVID-19 Treatment Is a ‘Waste of Taxpayers’ Money’: Doctor

A critical care doctor has said it’s a waste of taxpayers’ money for the U.S. government to purchase drug company Merck’s anti-viral treatment for COVID-19, if it’s approved by the Food and Drug Administration (FDA). Dr. Pierre Kory, president and chief medical officer of the Front Line COVID-19 Critical Care Alliance (FLCCC), said there’s no […]

GOP Rep. Reschenthaler: We’re ‘Paying More’ Because of Biden’s Spending

During Friday’s Republican Weekly Address, Rep. Guy Reschenthaler (R-PA) said Americans are “paying more for everyday goods because Joe Biden and the liberals spend money like there’s no consequences to spending money.” And that Biden’s solution is to raise taxes, which will just make things worse. Reschenthaler said, “Americans looking to celebrate Memorial Day this weekend, […]

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 […]

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 […]

Newsom’s spending binge reshapes California recall election

A fading coronavirus crisis and an astounding windfall of tax dollars have reshuffled California’s emerging recall election, allowing Democratic Gov. Gavin Newsom to talk about an end to most COVID-19 restrictions and propose billions in new spending as he looks to fend off Republicans who depict him as a foppish failure. The governor spent much […]

Groups back bill that restricts Israeli spending of US aid

WASHINGTON — Two liberal pro-Israel groups, J Street and Americans for Peace Now, are backing a House bill to be presented this week that would list actions Israel may not fund with U.S. money. The measure, which will be introduced by Rep. Betty McCollum, D-Minn., and was first reported by The Intercept, would restrict Israel […]

COVID ‘Relief’ Spending Was Enough to ‘Put Every Home in the US on Solar Power — for Life’

By Matt Agorist It is now April 2021 — thirteen months into “two weeks to flatten the curve.” Since March of last year, Americans and the world alike have watched from the sidelines as power hungry politicians have ushered in draconian lockdowns, shutdowns, police state measures, and brought the economy to its knees. While governments […]

Pope, in Easter message, slams weapons spending in time of pandemic

Pope Francis urged countries in his Easter message on Sunday to quicken distribution of COVID-19 vaccines, particularly to the world’s poor, and called armed conflict and military spending during a pandemic “scandalous.” Coronavirus has meant this has been the second year in a row that Easter papal services have been attended by small gatherings at […]

How Cutting Down Military Spending Could Bring About Peace

Above photo: A protest against weapons in the United States. Wikimedia Commons. Since the end of WWII, especially since the breakup of the Soviet Union, it appears as if US political leaders feel they are trapped in a time warp and are unable to break free. They seem to believe that they must repeat the […]

Bin Salman embarks on huge spending spree to transform Saudi economy

Saudi Arabia will spend more in the next ten years than it has spent over the past 300 years since the First Saudi State was created in 1744, the Kingdom’s Crown Prince Mohammed Bin Salman has said. This is a bold declaration of the de facto ruler’s intent on transforming the economy through his ambitious […]

Warp-speed spending and other surreal stats of COVID times

The U.S. effort in World War II was off the charts. Battles spread over three continents and four years, 16 million served in uniform and the government shoved levers of the economy full force into defeating Nazi Germany and imperial Japan All of that was cheaper for American taxpayers than this pandemic. The $1,400 federal […]

Biden: ‘We Just Need $2 Trillion In Spending To Flatten The Curve’

WASHINGTON, D.C.—Just before signing the $1.9 trillion spending bill into law, President Joe Biden made remarks to the American people, saying all we need is just $2 trillion to “flatten the curve.” Finance experts are saying the science points to an easy $2 trillion bill flattening the curve in no time. “Listen, Jack, all we […]

Federal Taxes, Spending and Deficit All Set Records Through February

Via: CNS News: Federal taxes, federal spending and the federal deficit all set records in the first five months of fiscal 2021 (October through February), according to the Monthly Treasury Statement released today. This is the first time that the federal deficit has ever exceeded a trillion dollars in the first five months of the fiscal […]

Romney: Disingenuous for Republicans to Criticize Democrats After Big Spending Under Trump

Senator Mitt Romney (R-UT) said Tuesday on the “Utah Politics” podcast that it is disingenuous for Republicans to criticize Democrats for spending trillions of dollars on another coronavirus relief package after the GOP did not express deficit concerns under former President Donald Trump. Romney said, “There’s no question that if you begin doing things which break precedent or break […]

Firms ‘double spending on online privacy’ amid surge in home working

Organisations have doubled their spending on online privacy during the COVID-19 pandemic, a new report has found. The study, by technology giant Cisco, examined how online security has influenced governments and businesses during the health crisis. Communications regulators across Europe have found that citizens and companies are spending a record-breaking amount of time online during […]

Trump signs pandemic aid and spending bill, averting government shutdown

US President Donald Trump on Sunday signed into law a $2.3 trillion pandemic aid and spending package, restoring unemployment benefits to millions of Americans and averting a federal government shutdown in a crisis of his own making. Trump, who leaves office on Jan. 20 after losing November’s election to President-elect Joe Biden, backed down from […]

President Trump Signs Stimulus and Government Spending Bill

President Donald Trump has signed into law a $2.3 trillion coronavirus aid and government spending package aimed at restoring unemployment benefits to millions of Americans and averting a partial federal government shutdown. President Trump released a statement announcing his decision to sign the relief bill in which he said, “I will never give up my fight […]

Jewish and Pro-Israel Groups Welcome Government Spending, COVID Relief Package

The US Capitol dome is seen in Washington, US, December 17, 2020. Photo: REUTERS/Erin Scott JNS.org – Jewish and pro-Israel groups expressed appreciation to Congress for passing a 5,593-page spending package on Monday night that includes $1.4 trillion to fund the government, in addition to annual US assistance to Israel, and as much as $900 […]

TREASON: $2.3 Trillion Spending Bill Sees Billions Going to Foreign Aid as Americans Are Left Destitute

Millions of destitute Americans are angry at Congress for unveiling a $2.3 trillion spending bill on Monday that gives billions of taxpayer dollars to foreign countries. The controversial 5,593 page budget-busting bill was posted online on Monday afternoon, just a few hours before Nancy Pelosi announced that a vote would be held. The bill included […]

Israeli consumers kept spending heavily throughout coronavirus upheaval, figures reveal

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“Mind-boggling” waste revealed in the record rise in weapons spending – Michael West

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Israel spending far less than other countries to fight major rise in domestic violence

Download App© Haaretz Daily Newspaper Ltd. All Rights Reserved News and Partnerships Life and Culture Columnists and Opinion Haaretz Heb and TheMarker Haaretz.com, the online edition of Haaretz Newspaper in Israel, and analysis from Israel and the Middle East © Haaretz Daily Newspaper Ltd. All Rights Reserved 00

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