Lawmakers have just unveiled a 4000+ page, $1.7 trillion federal spending bill

by thejohnwetter

What’s in it? Let me tell you

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  • $45 billion to Ukraine
  • $119 billion for veterans’ medical care
  • $40 billion  for natural disasters
  • $4 billion to Navy’s shipbuilding budget
  • $8.5 billion to buy F-35 fighter jets and $2.5 billion to buy Boeing’s new KC-46 tankers
  • $11.3 billion to the FBI for investigations
  • $1 billion to help developing countries expand their renewable energy efforts
  • $950 million for Biomedical Advanced Research and Development Authority to develop drugs to combat pandemics
  • $965 million to the Strategic National Stockpile, aka the nation’s medical reserve
  • $770 million for federal law enforcement grants issued to local governments
  • Ban on TikTok from devices used by federal agencies and military branches
  • Biden pledged that the United States will deliver $11.4 billion annually by 2024 to help developing nations tackle climate change
  • Proposals that could greatly affect Medicaid’s eligibility

As you can see, this $1.7 trillion spending bill is packed. Whether you agree or disagree with it, I think we are all wondering the same thing, what will this do to our already problematic inflation rate?

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