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Biden’s budget request for fiscal 2025 includes $12 billion for student loan forgiveness

a month ago -

The proposed $12 billion is set to go to a new federal program called Reducing the Costs of College Fund that would support federal strategies to improve college graduation rates and make costs more affordable for students. (Related: Biden DID NOT wipe away debt via student loan forgiveness program – he only redistributed it to other taxpayers.)

Along with funding ways the executive can lower college costs and improve graduation rates, the $12 billion will go toward increasing ...

Congress passes ANOTHER stopgap spending bill, delaying long-term solution to budget crisis

November 16, 2023 -

By a vote of 336 to 95, with 209 Democrats and 127 Republicans supporting it, the House passed another stopgap government funding bill. Ninety-three Republicans and two Democrats were opposed to the measure.

The measure extends government funding through mid-January and now heads to the Senate, where a bipartisan group of supporters has expressed support for the stopgap bill.

The current bill gives lawmakers in both the House and the Senate more time to agree ...

Canada’s budget allots millions of dollars for “vaccine passports” until 2026, memo shows

August 03, 2023 -

A recently leaked memo from Health Canada dated March 23, nearly a year after vaccine passports were officially withdrawn from Canadian society, requested increased funding for Fauci Flu shot passports and tracing measures for the next three-plus years.

"The purpose of the funding is to ensure the continued provision of the Canadian COVID proof of vaccination credentials both as a health record and to facilitate mobility in the context of international travel as well ...

U.S. budget deficit climbs in May amid big government spending and falling revenue

June 14, 2023 -

The Monthly Treasury Statement showed a May shortfall of $240 billion, which is a full $66 billion over last May’s figure. This brings the cumulative deficit for the first eight months of this fiscal year, which started in October, to $1.165 trillion, which marks a rise of $426 billion over last year. The government has spent $4.16 trillion during this period while collecting just $2.99 trillion worth of revenue. In fiscal year 2022, in contrast, they spent $3.8 trillion while ...

NYC Mayor Adams halts final round of budget cuts after slashing spending on illegals

2 months ago -

The Democrat mayor first unveiled the three-round budget cuts in the fall of last year. Under this plan, all city agencies would have to shave 15 percent of their budget in three months' time. This would offset an estimated $10 billion cost generated by providing shelter, food, medical care and legal services for the unlawful border crossers flooding the Big Apple.

The first two rounds of budget cuts – five percent each – were enacted in January and February 2024. These ...

DEBT SURGE ALERT: $8.9T government debt to mature, $1.4T budget deficit expected in 2024

February 14, 2024 -

The Federal Reserve has also been running down its balance sheet by $60 billion per month. The bottom line, experts said, is that someone will need to buy more than the said amount in U.S. government bonds. It is more than one-third of the U.S. outstanding federal debt and more than one-third of the country’s gross domestic product (GDP).

According to education platform Apollo Academy's Chief Economist Torsten Slok, this is going to be a particular challenge when the ...

Public NUMBS as government DEBT BOMB explodes to $33T, annual budget DEFICIT approaches $2T

September 22, 2023 -

"We are becoming numb to these huge numbers, but it doesn't make them any less dangerous," Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CFRB), claimed in a statement. According to her, policymakers need to be honest with the American people and present a plan to "bring our debt under control." (Related: DEBT BLOWOUT: US debt has soared $1.2T since debt ceiling suspension – and the Treasury expects to add another $1.5T by year's end.)

Meanwhile, ...

Month-over-month U.S. budget deficit rose by 50% in December as financial collapse looms

January 16, 2024 -

This deficit jump has sent total government debt above $34 trillion for the first time on record, with Treasury Department data showing that outstanding total public debt hit $34.001 trillion on December 29. The development did not come as much of a surprise as it surpassed $33 trillion just three months ago. Should the current pace continue, CNBC reports that 2024 will end with a deficit exceeding $2 trillion.

When you consider the fact that December is traditionally ...

Biden’s “fiscally responsible” budget plan for fiscal 2025 requires borrowing $16 TRILLION over the next decade

a month ago -

The president claims his spending plan will trim deficits by $3 trillion over the next decade. But in reality, according to the Committee for a Responsible Federal Budget, "the level of borrowing under the president's budget would be unprecedented outside a war or national emergency." (Related: Biden's budget request for fiscal 2025 includes $12 billion for student loan forgiveness.)

Biden seeks to spend $7.3 trillion, an 18 percent increase over two years. For perspective, ...

Sen. Rand Paul to hold up any stopgap government budget bill that includes funding for Ukraine

September 25, 2023 -

Paul's opposition to additional foreign aid to Ukraine comes as Congressional leaders are working to reach an agreement to pass a continuing resolution to keep the federal government funded past the end of the current fiscal year on Sept. 30. (Related: CNN poll: MAJORITY of Americans do not want taxpayer dollars to fund Ukraine's war effort.)

"Today I'm putting congressional leadership and [President Joe Biden] on notice that I will oppose any effort to hold the federal ...

WHO gets record-high $6.83 BILLION budget increase and approval for replenishment mechanism to raise MORE FUNDS

June 09, 2023 -

The staggering increase in budget and the launch of a new "replenishment" initiative for the agency were given the green light despite the fact that the WHA failed to come up with a final agreement on the pandemic treaty or amendments to the international health regulations (IHR). (Related: WHO pushing new pandemic rules to gain dictatorial control over UN's 194 member countries.)

WHO member states on May 22 agreed to the WHO budget hike, which is a 20 percent increase ...

House Judiciary Chair Jim Jordan wants government budget deal to include ban on federal funding of censorship activities

September 21, 2023 -

Jordan's demand comes as House Republicans and the GOP leadership are once again at odds over supplemental spending bills.

"We want certain language on these appropriation bills," said Jordan during an appearance on the "Just The News, No Noise" television program. "When we get to those that says, you know, no money can be used to censor Americans, if it's that kind of language, no money can be used to develop a disinformation governance board at the Department of ...

“Soulless GOP demons” use whistleblower’s FBI weaponization testimonies for political advantage, betray informant by approving budget for new FBI HQ

November 27, 2023 -

A year after, the informant, who is now a fellow on domestic intelligence and security services at the Washington-based think tank Center for Renewing America, surfaced to voice his frustrations, calling House Republicans "soulless demons," for actually "rewarding the FBI despite his disclosures," with $300 million worth of funds for a new headquarters (HQ). The Congress, whom Friend said has all the political will to reform the troubled bureau, has not even done anything ...

NHS receives $26.68M budget to roll out AI and automation technologies in British healthcare system that make it easier to TRACK DOWN people

July 10, 2023 -

British Health and Social Care Secretary Steve Barclay has announced a £21 million ($26.68M) fund to provide the National Health Service (NHS) with the most advanced artificial intelligence (AI) technology and robotic process automation. The fund seeks to enhance patient diagnosis and treatment by equipping NHS staff with advanced AI imaging and decision support tools.

Prime Minister Rishi Sunak, backed by the Conservative Party, believes these ...

Indian-born CEOs flying back to homeland to evade potential charges linked to H-1B visa lottery fraud

June 23, 2023 - budget reconciliation" bill includes mass amnesty for illegals, which is why they are allowing border to remain wide open.

Justice Department sues Facebook for hiring immigrants over qualified Americans.

Sources include:

YourNews.com

Boundless.com

Breitbart.com

Brighteon.com

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Israeli forces face not only Hamas but other Palestinian factions

November 09, 2023 -

Despite their differences in ideology, influence and power, these factions share a common dedication to achieving a Palestinian state through armed resistance against Israel. They have openly displayed their willingness to cooperate during the ongoing conflict, sharing footage of their operatives working together and issuing joint statements.

Hamas, officially known as the "Islamic Resistance Movement," has maintained control over the Gaza Strip since a violent split ...

Pentagon fails annual audit for sixth straight year, with TRILLIONS in assets still missing

November 20, 2023 -

The audit, a colossal task considering the department's $3.8 trillion in assets and $4 trillion in liabilities, resulted in a "disclaimer of opinion," signifying a lack of sufficient financial data for auditors to form an opinion. The Pentagon has been unable to provide a comprehensive audit, maintaining its status as the only U.S. government agency with such a record.

The result did not come as a surprise as the DOD's assets are vast and decentralized covering 50 states ...

Ukraine received $1.25 billion grant from US taxpayers to pay the wages of government employees

August 02, 2023 -

The grant came from the U.S. through the Multi-Donor Trust Fund of the World Bank. It is the fifth such package the U.S. has provided to Ukraine under the Public Expenditures of Administrative Capacity Endurance in Ukraine (PEACE in Ukraine), a program designed to support Ukraine's social, governance and humanitarian expenditures during Russia's special military operation in the country. (Related: Pentagon report: Huge amount of U.S. military aid to Ukraine has been stolen by ...

FedEx founder issues dire warning about ‘unsustainable’ government debt

February 20, 2024 -

(Article by Tom Ozimek republished from TheEpochTimes.com)

Mr. Smith was asked during an interview on Fox News for his opinion on projections from the Congressional Budget Office (CBO) that U.S. federal debt held by the public will go from 99 percent of gross domestic product (GDP) in 2024 to a record 116 percent in 2034, before pushing above 170 percent by midcentury.

He replied by saying that warnings about the level of government spending adding to America’s ...

WOKE Trudeau to spend $110 million on global promotion of 2SLGBTQI ideology

3 days ago -

"Following the recommendations of the Task Force, Budget 2024 announces the government’s intention to propose legislative amendments to modernize the Employment Equity Act, including by expanding designated equity groups," the budget stated, adding that Trudeau intends to spend the $110 million over the next 10 years, with the possibility of allocating even more taxpayer dollars should his government remain in power.

Canada's Employment Equity Act provides that women, indigenous ...