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Keyword: budget

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  • Trump's proposed budget sets up an 'epic battle' over government spending

    05/22/2017 4:32:05 PM PDT · by blueplum · 8 replies
    Business Insider ^ | 22 May 2017 | Bob Bryan
    Another fight is brewing in Washington that analysts predict could be of epic proportions. President Donald Trump's team is expected to roll out its fiscal 2018 budget proposal this week, starting the process of laying out the government's funding future. {snip} The proposal is expected to include cuts to domestic spending programs across the board, with especially deep slashes to the Environmental Protection Agency and State Department. According to a report from Axios' Jonathan Swan, the budget proposal is also expected to include deep cuts to spending on Medicaid — the program that provides health coverage for low-income Americans —...
  • Trump budget to slash entitlements by $1.7 trillion!

    05/22/2017 8:08:31 AM PDT · by SeekAndFind · 98 replies
    Axios via Associated Press ^ | 05/22/2017 | Pablo Martinez Monsivais
    President Trump's 2018 budget proposal on Tuesday won't reform Social Security or Medicare — in line with his campaign promise — but it will make serious cuts to other entitlement programs. A source with direct knowledge tells me the Trump budget will save $1.7 trillion on the mandatory side over the next ten years.Expected reaction: In the past couple days I've spoken to a number of White House officials about the budget proposal. The best summary, from one White House source: "Conservatives will love it; moderates will probably hate it." These mandatory cuts — especially to politically-sensitive programs like...
  • Gubernatorial hopeful Frank Wagner pushes infrastructure investments

    05/20/2017 10:56:52 PM PDT · by Tolerance Sucks Rocks · 8 replies
    The Roanoke Times ^ | May 5, 2017 | Carmen Forman
    Republican gubernatorial candidate Frank Wagner visited Roanoke Friday to pitch his campaign message of improving transportation infrastructure in order to create more jobs across Virginia.At a Roanoke County Republican Committee luncheon, Wagner, a GOP state senator from Virginia Beach, discussed his proposal to raise the gas tax for projects like widening Interstate 81 and building Interstate 73 and the Coalfields Expressway.Yes, he’s a rare Republican calling for a tax increase. He understands the irony. Building up major pathways in and out of Southwest Virginia will improve the business climate, he said.In the economically depressed Southside region , adding broadband and...
  • U.S. government posts $182 billion surplus in April (win)

    05/11/2017 9:56:03 AM PDT · by Stopthethreat · 17 replies
    WASHINGTON (Reuters) - The U.S. government had a $182 billion budget surplus in April, confounding market expectations for a deficit, according to Treasury Department data released on Wednesday. The budget surplus was $106 billion in April 2016, according to Treasury's monthly budget statement. The fiscal 2017 year-to-date deficit was $344 billion compared with $353 billion in the same period of fiscal 2016. When accounting for calendar adjustments, the surplus last month was $145 billion compared with an adjusted surplus of $146 billion the prior year. The adjusted deficit for the fiscal year to date was $373 billion compared with $314...
  • A Constitutional Budget

    05/08/2017 8:22:56 AM PDT · by Sean_Anthony · 6 replies
    Canada Free Press ^ | 05/08/17 | Greg Penglis
    How much a Constitutional Budget would cost? During this entire budgeting and continuing resolution process, there are two words that will never be put together. They are “constitutional,” and “budget.” Why? Because no one in Washington wants to be restrained by the Constitution when it comes to getting money, spending money, and especially spending money they don’t have. Which is why we are some $20 trillion in for the National Debt. But it never had to be this way. It’s one thing to talk about the Constitution. It’s quite another to actually live by it. The Supreme Court doesn’t. They...
  • Republican Strategy: Retreat From Victory

    05/04/2017 10:39:05 AM PDT · by Sean_Anthony · 15 replies
    Canada Free Press ^ | 05/04/17 | Dr. Robert Owens
    We may witness the final unraveling of the social contract in America Having won the White House, the House and the Senate, the victorious Republicans have handed the Democrats the budget process. In doing so they have surrendered everything they were supposedly fighting for: no wall, no end to Obamacare, no end to sanctuary cities, and no end to funding for Planned Parenthood. The Democrat leaders are celebrating their victory after losing election after election. Those of us who voted Republican, who voted to get our country back, are mourning a loss after winning election after election. This does not...
  • [VANITY] A comparison between the latest budget and the proposed budgets of Clinton and Trump

    05/03/2017 10:37:54 PM PDT · by vannrox · 32 replies
    SELF | 4APR17 | VANNROX
    A comparison between the latest budget and the proposed budgets of Clinton and Trump With all the posturing between the Trump people promoting the latest budget agreement as a “win”, and the Fake News, and their Democrat minions saying that the budget was in the benefit of Democrats. I still feel betrayed. I do. This is not what was promised. After listening to El Rushbo, perhaps I have misread what is actually going on here. So as an exercise in sanity, I decided to compare the promises of both Trump and Clinton with the latest budget agreement. Here are my...
  • The Freddy Krueger Swamp Budget Returns

    05/03/2017 2:53:06 PM PDT · by V K Lee · 52 replies
    I have refrained from jumping on the Trump-defense bandwagon over the budget just as I have refrained from bashing what is a terrible budget bill. Trumpers were righteously indignant, feeling betrayed. Trump defenders always cling to the “Trump is playing 3D chess” (which, in fact, so far he has done). One is evidence of things we can see, the other, as the Bible would say, is faith—evidence of things not yet seen. Vice President Mike Pence and Sean Spicer put the best lipstick on this pig they could, pointing to the gains in defense spending, the abandonment of the dollar-for-dollar...
  • McConnell rejects Trump filibuster idea

    05/03/2017 6:54:01 AM PDT · by Oldeconomybuyer · 38 replies
    CNBC ^ | May 2, 2017
    The top Republican in the Senate on Tuesday rejected President Donald Trump's suggestion that his party change the chamber's rules to undercut the ability of Democrats to block legislation with filibusters. "There is an overwhelming majority on a bipartisan basis that is not interested in changing the way the Senate operates on the legislative calendar," Senate Majority Leader Mitch McConnell told reporters.
  • How Did We Get to $20 Trillion? Here's What the Numbers Show.

    05/03/2017 6:47:44 AM PDT · by SeekAndFind · 16 replies
    Medium ^ | 05/03/2017 | Jonathan Bydlak, President of the Coalition to Reduce Spending. SpendingTracker.org
    In survey after survey, most Americans tell pollsters they want politicians to address the national debt. Support for specific policies may ebb and flow over time, but what rarely changes are the promises politicians make and break in response. Image via Musée McCordAlmost all politicians pledge to spend responsibly while on the stump, but once they’re in office, voters are at the mercy of a system so complex and crisis-driven it becomes all but impossible to know who’s keeping their word.So who is?As only someone who founded and runs an organization dedicated to reforming federal spending can tell you, understanding...
  • Why did Trump betray us? (Why things never seem to change no matter who we send to Washington)

    05/03/2017 4:21:31 AM PDT · by vannrox · 169 replies
    Economic Collapse Blog ^ | 5MAY17 | Michael Snyder
    Authored by Michael Snyder via The Economic Collapse blog,Why do things never seem to change no matter who we send to Washington? It seems like for decades many of us have been trying to change the direction of this country by engaging in the political process.  But no matter how hard we try, the downward spiral of our nation just continues to accelerate.  Just look at this latest spending deal.  Even though the American people gave the Republicans control of the White House, the Senate and the House of Representatives, this deal very closely resembles “an Obama administration-era budget”.  It...
  • Transportation officials suspend work on several Oklahoma highway projects

    05/02/2017 7:15:40 PM PDT · by Tolerance Sucks Rocks · 8 replies
    The Oklahoman ^ | May 2, 2017 | Randy Ellis
    Citing state budgeting uncertainties, Oklahoma transportation officials announced Monday that they have suspended construction on about a dozen highway projects, including the next phase of the I-240/I-35 interchange project in south Oklahoma City. "That's going to give us a black eye," Oklahoma Transportation Commission Chairman J. David Burrage said, describing the situation as "bad." Burrage made his remark after another commissioner noted that many contractors already have bought materials for projects that are being suspended. Companies that suffer financial losses because of work suspensions likely will file claims with the agency, officials said. The dozen or so suspended contracts may...
  • We the People call on Speaker of the House Paul Ryan to Resign - Sign the Petition

    05/02/2017 8:41:54 PM PDT · by pboyington · 32 replies
    White House.Gov ^ | May 2, 2017 | Ray Starmann
    Paul Ryan is all talk and no action. He has continually failed the President, the GOP and the American people by his inability to garner enough votes to repeal and replace Obamacare, while overseeing a budget deal that does everything for the Democrats and nothing for his own party and the American citizens who voted for change! We the People did not vote for continued funding of Planned Parenthood, sanctuary cities, the EPA and open borders! Speaker Ryan is not draining the swamp; he's filling it. He is nothing more than an obstructionist and an establishment hack, whose goal is...
  • Congressional Progressive Caucus Unveils The People’s Budget

    05/02/2017 4:30:13 PM PDT · by 2ndDivisionVet · 5 replies
    WASHINGTON, D.C. – The Congressional Progressive Caucus, led by Co-Chairs Rep. Keith Ellison (D-MN) and Rep. Raúl Grijalva (D-AZ), and First Vice Chair Rep. Mark Pocan (D-WI) along with other Members of the CPC, released the annual People’s Budget today. The Congressional Progressive Caucus’ People’s Budget: A Roadmap for the Resistance reinvests in American families, prioritizing funding for education, health care, jobs, clean air, and water. The People’s Budget puts political and economic power back in the hands of the people. The Executive Summary of The People’s Budget: A Roadmap for the Resistance can be foundhere. The full text can...
  • Mulvaney: There are several hundred millions of dollars in the budget, for up-building border wall

    05/02/2017 11:24:48 AM PDT · by cba123 · 109 replies
    Live press briefing | 5/2/2017
    Mick Mulvaney, the budget director, is currently having a press conference. I was watching it, and learned for the first time, that there is several hundreds of millions of dollars in the budget, for ramping up fencing on the border (now) upgrading to a 20-foot structurally sound, actual border. This is the first I had heard of that. It seems the President is looking at playing much harder ball in September. It seems the 2017 budget was closed, as of the budget agreement. I am much, much happier than I was a couple of days ago. Good discussion Mr. Mulvaney,...
  • Why Bother Voting for Republicans?

    05/02/2017 11:00:14 AM PDT · by ForYourChildren · 58 replies
    American Thinker ^ | 05/02/2017 | Brian C. Joondeph
    Once again, Congressional Republicans delivered a swift kick to the crotch of their voters, in the form of their proposed budget this week. Congressional big spenders reached a deal Sunday, with a bill over 1600 pages in length. Almost as long as Obamacare. But at least it’s a budget. Last year Congress had no budget, instead papering over their fiscal irresponsibility via temporary spending measures. Since this budget is proposed by the Republican Congress, with the expectation of the Republican President signing it into law, one would reasonably expect that the budget represents Republican priorities. Funding programs promoted on the...
  • Lindsey Graham: ‘Democrats Cleaned Our Clock’ on GOP Spending Plan [VIDEO]

    05/02/2017 10:48:42 AM PDT · by ForYourChildren · 59 replies
    The Politistick ^ | 05/02/2017 | Matthew K. Burke
    Note: When things are so bad that the establishment RINOs, who made caving on spending bills an art form, are admitting the Republican Party got rolled by Democrats on a spending bill, something really needs to change. RINO Senator Lindsey Graham, CR 33%, appearing on CNN Tuesday morning with Kate Bolduan, said that the GOP got their clocks cleaned by Democrats in negotiating the temporary spending bill, the so-called “Omnibus” that avoids a temporary government shutdown until September when a new budget is promised. “I don’t know if I’m going to vote for the bill they’re going to present to...
  • GOP to pro-life voters: What Planned Parenthood defunding?

    05/02/2017 8:51:57 AM PDT · by huldah1776 · 43 replies
    Conservative Review ^ | May 1, 2017 | Nate Madden
    At the 44th annual March for Life this past January, Vice President Pence told thousands of eager, dedicated marchers that “life is winning again in America.” However, the Republican Congress’ capitulation on Planned Parenthood funding in the latest round of budget talks tells quite a different tale. Following a national election cycle in which the pro-life cause became a conspicuous and consequential issue in the wake of the Republican Party’s trifold victory in the House of Representatives, Senate, and Oval Office, the GOP is already squandering the momentum of that victory by passing a budget resolution that … wait for...
  • We Demand Heads

    05/02/2017 5:49:54 AM PDT · by NOBO2012 · 10 replies
    Michelle Obama's Mirror ^ | 5-2-17 | MOTUS
    So it looks like we have a 100% Democrat-approved budget. The Trump budget continuing resolution looks pretty much like the Obama budget continuing resolutions of the last 8 years – except bigger. This isn’t exactly the Contract with America we signed on for.I guess we’re to believe the Republican’s perennial “we’ll just take one bite of the apple at a time” approach will work this time?  When it’s never worked before?So in lieu of a border wall we’re to be satisfied with the end of Michelle’s rotten school lunches?While that’s nice for the lunchroom crowd today, the orchard continues to...
  • Trump 'very happy' with bill outlawing future border wall

    05/02/2017 5:46:04 AM PDT · by chiller · 187 replies
    American Thinker ^ | 5/2/17 | Ed Straker
    While it's commonly known by now that the new spending bill that Congress and the Trump administration agreed to funds mostly Democratic priorities, and doesn't fund President Trump's border wall, what's not widely known is that the new legislation goes even farther than this. Not only does it not fund the border wall, but it prevents the government from constructing a border wall with any funds.