by confoundedinterest17 If we look at the US Personal Consumption Expenditures Core Price Index YoY, “inflation” is a modest 1.41%. However, the largest item for households in typically housing. And housing is rising at over 10% YoY. Then we have S&P …
The mayor of Portland, Oregon, has submitted a request for $2 million in funding for the police months after the city slashed the budget in a move he advocated for. Mayor Ted Wheeler, a Democrat, asked the Portland City Council …
@JStein_WaPo https://twitter.com/JStein_WaPo/status/1118982847094755335
by coole106 I have been living by a strict budget for the last few months, and I must say, it is very liberating. A little background: I am 28 and married with a 1 1/2 year old. …
by Jim Quinn So the deficit is up $700 billion in the first six months, but the CBO is predicting a $900 billion deficit for the full year. With the economy slowing dramatically and corporate profits declining, revenues will decline …
Statistic on Billboard Explained In 2008, the United Nations said that $30 billion per year could end hunger on earth, as reported in the New York Times, Los Angeles Times, and many other outlets. The Food and Agriculture Organization has not updated that figure …
https://twitter.com/OccupyWisdom/status/1112787619300216833
by northmantrader My take here: The budget is blowing up in their face and they know it. The tax cuts did not pay for themselves and deficits are ballooning, federal spending is the highest in 10 years as tax receipts have been slowing. It’s …
Shortfall rises 40% to $544b in first 5 months of fiscal year Corporate, income taxes decline as tariff revenue climbs The U.S. posted its biggest monthly budget deficit on record last month, amid a 20 percent drop in corporate tax …
via antiwar: ith everyone still reeling at the announcement of the $750 billion proposed military budget for 2020, a huge increase, the Trump Administration is now offering a proposed spying budget that is similarly looking for a substantial increase over the …
The birth or adoption of a child is a happy experience for all families, but for millions of working moms and dads affording the time off to spend with their newborns is a much more complicated picture. Some members of …
RT, Released on 3/12/19 Larry talks with former Republican congressman and three-time presidential candidate Ron Paul, who has plenty to say about President Trump’s 2020 budget proposal, U.S. involvement in Syria and the fight over border wall funding. Dr. Ron …
It does not cut individual benefits that citizens receive, but instead targets waste and fraud in the agencies themselves. Its an overall budget. That also takes into account the projected savings under those same agencies. President Donald J. Trump is …
Watch the latest video at foxnews.com Mar. 11, 2019 – 2:58 – The White House hopes to engage Democrats in their top budget priorities in an effort to finding common ground; Kevin Corke breaks down the proposal. https://video.foxnews.com/v/6012534696001/#sp=show-clips Fighting for …
Feds splurge on lobster, pianos, golf carts in race to spend ‘use it or lose it’ budget It turns out September, not April, may be federal taxpayers’ worst nightmare. The end of the government’s fiscal year usually brings an orgy …
by David Haggith In my first Premium Post back in January, “2019 Economic Headwinds Look Like Storm of the Century,” I laid out sixteen major headwinds that would be howling against the economy this year. One of those was the government …
by Paul Brandus The law finally seems to have caught up with President Trump. Not lawmen like special counsel Robert Mueller, or the G-men of the Southern District of New York—though they may soon catch up with him, for all I …
The U.S. budget deficit widened to $310 billion in the first four months of the fiscal year, underscoring the revenue hit from Republican tax cuts and an increase in government spending. The budget gap widened 77 percent compared with the …
The federal budget deficit in December totaled $13.5 billion, helping to push the deficit for the first three months of this budget year up 41.8 percent from the same period the previous year. The Treasury Department said Wednesday that the …
https://www.projectcensored.org/21-trillion-missing-us-federal-budget/ “Despite disabled links and neglect from officials, the verification of over $6T inspired Skidmore and his students to comb through thousands of Office of Inspector General (OIG) reports for 1998-2015. Regarding his findings Skidmore stated, “This is incomplete, but …
by Dr. Eowyn Yesterday afternoon, the AP reported that “The White House confirms that President Donald Trump will sign a bill averting a potential partial government shutdown at the end of the week.” At the same time, “Press Secretary Sarah Sanders says Trump will also …
by sundance The actual budget appropriations bill is seven compartments consisting of more than 5,000 pages. However, here is the 29 page summary outlining the key elements as negotiated by congress. WARNING: This is a bad deal, but it reflects the UniParty …
by QuantalyticsResearch US Stocks Global markets are rising on news that Congressional negotiators have come to a final deal to avert a government shutdown, with “an agreement in principle” having been reached US stocks index futures are rising with …
Negotiators reach deal ‘in principle’ to avert shutdown The agreement represents a remarkable turnaround within 24 hours. Congressional negotiators announced an “agreement in principle” Monday night on a broad spending bill they hope will satisfy President Donald Trump’s demands for …
by WARREN MOSLER December 2018 CBO Monthly Budget Review: Total Receipts Up by 1% And Spending Up 9% in the First Quarter of Fiscal Year 2019 The federal budget deficit was $317 billion for the first quarter of fiscal year …
via Bloomberg: Planned debt issuance falls for seventh straight year Government also preparing extra budget for current year Japan’s budget for the fiscal year starting in April 2019 will top 100 trillion yen ($890 billion) for the first time, …
by Dave Macron throwing money at the protesters doesn’t come for free, apparently. http://feeds.reuters.com/~r/Reuters/worldNews/~3/7_58ojoehmQ/macrons-concessions-set-to-blow-out-french-deficit-idUSKBN1OA20M Any bets that the EU is going to give France an Italy-style spanking over this failure to budget properly? Since Macron is a charter member of …
via thehill: The country’s budget deficit in the first two months of fiscal 2019, which began Oct. 1, was 50 percent higher than in the same period the previous year, according to the Congressional Budget Office (CBO), though the figure was …
via moneymetals: Learn Why CNBC & Bloomberg Have Banned Our Special Guest Michael Pento… https://s3.amazonaws.com/ILB_MS_BUCKET/ILB-181130-WeeklyMarketWrap.mp3 DOWNLOAD MP3 Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up Michael Pento of Pento …
