Browsing All posts tagged under »Spending«

BLUE STATE GOVERNORS SIGN NEW BUDGETS, MORE SPENDING: PROTEST TRUMP ECONOMIC RESULTS

July 4, 2018

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NJ Biz: “Lawmakers have approved the newly agreed upon $37.4 billion budget package, following nearly 12 hours of deliberation and closed door sessions on Sunday over a variety of technical matters. The budget now heads to Gov. Phil Murphy’s desk, where it’s expected to pass. Sunday’s votes by the state State and Assembly to approve […]

$24 MILLION AIR FORCE REFRIGERATOR DEAL CANCELLED BY WHITE HOUSE: DID NOT PASS THE SMELL TEST

June 5, 2018

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W Examiner: “The service AND ‘the White House’ came to the conclusion that nixing the new units to cool food on the jet makes “prudent fiscal sense,” Air Force Secretary Heather Wilson wrote in a letter to Rep. Joe Courtney, D-Conn., who sits on the Armed Services Committee.” “Even with the understanding that the Air […]

THE BUDGET BATTLE MUST BE SETTLED ONCE AND FOR ALL: SHUTDOWN SHOWDOWN BEFORE MIDTERMS

May 28, 2018

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AP: “President Donald Trump has warned Congress that he will never sign another foot-tall, $1 trillion-plus government-wide spending bill like the one he did in March. His message to lawmakers in both parties: Get your act together before the next budget lands on my desk.” “But Capitol Hill’s dysfunction is so pervasive that even the […]

BUSINESS IS BACK IN AMERICA, FULL EMPLOYMENT, LOW TAX: WHY DON’T PEOPLE WANT TO LIVE IN CASH STRAPPED STATES?

March 29, 2018

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WSJ: “The only speaker standing between state budget officers and the opening cocktail hour at a Washington conference was the U.S. Secretary of Health and Human Services. What he said left no one in a celebratory mood. Medicaid costs, said then-Secretary Michael Leavitt, were projected to grow so fast that within 10 years they would […]

MARYLAND TO SUE PRES TRUMP OVER SPENDING CAPS, BUDGET CONTROL, STATE TAX LAWS: TAX CUTS JOBS ACT PASSED BY CONGRESS

February 9, 2018

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WT: “Maryland will sue the Trump administration for capping state and local tax (SALT) deductions in its new federal tax law, the state’s attorney general said Thursday. The Tax Cuts and Jobs Act signed by President Trump last year contains a provision capping SALT deductions at $10,000, and Maryland Attorney General Brian Frosh said residents […]

DE BLASIO PRESENTS NEW BUDGET: PLAYBOOK SPEND MORE, TAX MORE

February 3, 2018

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NYP: “City Hall’s finances may be getting shakier, but it’s full spend ahead for the budget Mayor de Blasio rolled out Thursday. Hizzoner wants to shell out $88.7 billion for the fiscal year that starts July 1. That’s a mind-blowing $15 billion, or 20 percent, spike from his predecessor’s $74 billion final budget. And it […]

PRES TRUMP REDUCES DEBT TO GDP RATIO BY 1% IN 1ST YEAR: 1ST PRES IN 50YRS

November 20, 2017

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GP: “Since his inauguration President Trump has focused his efforts on the security of the country and on the prosperity of its economy. The results of his actions are taking shape. The US GDP has increased each quarter in 2017 with the 3rd Quarter GDP increasing to $19.496 trillion – the highest GDP for any […]

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