The U.S. Congress is debating a spending package ahead of a government shutdown deadline on Friday, the day after President Biden’s scheduled “State of the Union” address.
Congress passed a bill last week to extend the first appropriations deadline to Friday, March 8 and the second to Friday, March 22.
Read More
The $886 billion defense spending bill that the GOP-led House is poised to vote on in the coming days is $26 billion more that the previous year, as the national debt climbs to $33 trillion. The bill has received bipartisan votes in both the House and Senate Armed Services Committees.
Read More
The GOP’s omnibus betrayal is complete.
Senate Minority Leader Mitch McConnell, R-Ky., and 17 other Republicans joined Democrats as the Senate passed a $1.85 trillion monstrosity of a spending bill Thursday that does a whole lot more than just waste money. The vote was 68-29.
Read More
Republicans are set to approve a massive spending bill which includes billions of dollars in funding for the FBI despite recently leaked information which found the federal agency colluded with Twitter to censor users.
The bill designated $11.33 billion for the FBI “to investigate extremist violence and domestic terrorism,” according to a summary of the bill by the House Appropriations Committee. The total is reportedly $569.6 million more than the enacted levels for the 2022 fiscal year and $524 million more than the president requested.
Read More
During a “vote-a-rama” on their $739 billion reconciliation spending bill that has hundreds of billions for climate and health care programs, Democratic senators had to take a series of uncomfortable votes on hot-button issues — particularly tough for those representing swing states.
The bill, which also includes federal funding for 87,000 new IRS agents, passed on a party line vote 51-50 with Vice President Kamala Harris breaking the tie.
Read More
Skyrocketing inflation and consumer costs are hurting President Joe Biden’s and Congressional Democrats’ hopes to pass another major spending bill through the reconciliation process.
The Department of Labor’s Bureau of Labor Statistics this week reported an 8.6% increase in wholesale prices over the past 12 months, the highest increase in years. The federal agency also said this week that the consumer price index, another key tracker of inflation, is rising at the fastest rate in decades.
Read More
“No one got everything they wanted, including me, but that’s what compromise is. That’s consensus. And that’s what I ran on.”
That was President Joe Biden on Oct. 28 unveiling his latest $1.75 trillion spending bill—watered down from $3.5 trillion after Sen. Joe Manchin (D-W.Va.) refused to budge on the topline number—that Congress is expected to vote on this week.
Read More
A provision in the most recent version of the Democrats’ spending proposal allocates $500 million for a privacy bureau within the Federal Trade Commission, with little guidance on how the money is to be spent.
The bill, known as the Build Back Better Act, appropriates $500 million for fiscal year 2022 to the Federal Trade Commission (FTC) to “create and operate a bureau” tasked with protecting data privacy.
Read More
The entire Democrat multi-trillion dollar socialist spending scam is bad for Americans, and bad for our economy. One particular provision that is especially terrible is their “IRS Surveillance” program, which would grant the government access to spy on nearly every Americans’ bank accounts. Their bill wants to use $80 billion of taxpayer funds to hire 85,000 more bureaucrats, nearly doubling the size of the IRS, to go through individuals’ personal banking information.
President Biden, and his colleagues in Congress, must have realized how unpopular this policy was with the American people, so they decided to make some “changes.” They created the impression they were raising the threshold in transactions individuals would need to hit before triggering the IRS to spy on their personal banking accounts.
Read More
Democrats’ $3.5 trillion spending package refers to mothers as both “pregnant” and “lactating” individuals on 11 separate occasions.
Though the spending package specifically mentions the word “mother” three times and the word “maternal” 50 times, the spending bill avoids gendered language and refers to “pregnant, lactating, and postpartum individuals” on 11 other occasions when discussing maternal health conditions or concerns.
Read More
One of the nation’s leading economic and business groups is warning that the $3.5 trillion spending bill before Congress is an “existential threat” to the nation’s economy.
The U.S. Chamber of Commerce has launched a six-figure television ad campaign targeting the proposed tax hikesin the measure that would be “taking more hard-earned money from small businesses and working families.”
Read More
House Democrats have unveiled a litany of new tax proposals to fund President Joe Biden’s $3.5 trillion federal spending bill, but a new report suggests the spending plan would shrink the economy.
The University of Pennsylvania’s business school, Penn Wharton, released a new budget model based on the Democrats’ plan that projects a major decrease in Gross Domestic Product (GDP) in the coming years if the plan were to pass.
Read More