As Americans wait for their $600 stimulus check, the rich get richer and the U.S. government ignores the needs of the people. The U.S. Congress has approved the largest spending bill ever, disguised as a “COVID-19 Stimulus Bill”. The “Consolidated Appropriations Act 2021” has been promoted by politicians and mainstream media as a government effort Read More…
Tag: military spending
Lawmaker Threatened In Epstein Probe, UN Condemns Israeli/Saudi Child Deaths & The $1.48T War Budget
Podcast: Play in new window | Download | EmbedSubscribe: Apple Podcasts | Email | RSSWelcome to The Daily Wrap Up, a concise show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (7/27/19). As always, take the information discussed in the video below and research it Read More…
Trump Says US Military Spending Is ‘Crazy’ High — Then Calls for Billions More
Trump backs away from calling spending levels ‘crazy’ a week ago. On Monday, President Trump seemed to be positioning himself against Pentagon calls for spending increases, saying that the spending levels are already “crazy” and that he didn’t envision the 2020 military budget should exceed $700 billion, despite Pentagon presumptions it would be $733 billion. Having met Read More…
US Government Spends A Record $433 Billion In One Month As Deficit Explodes
Two days ago we previewed the US budget deficit for the first 11 months of fiscal 2018, which according to CBO data, hit $895 billion, up $222 billion or 39% from the same period last year. Additionally, we noted that according to CBO calculations, the US would hit a $1 trillion deficit in calendar 2019, one year Read More…
War Abroad, War At Home
Colonel Lawrence Wilkerson, speaking at a Ron Paul Institute conference this past weekend, predicted US troops would remain in Afghanistan another 50 years — just as they have in Germany and Korea. He also termed the ongoing US-backed campaign in Yemen the “most brutal war on earth,” a war western media overwhelming ignore. Colonel Douglas Macgregor at the same Read More…
Spending Our Way Out Of A Fiscal Crisis
According to financial writer Simon Black, the federal government is spending approximately 52,000 dollars per second. This, not last year’s tax cuts, is the reason why the national debt has reached a record 21 trillion dollars, which is more than America’s gross domestic product (GDP). Another ominous sign is that this year both Social Security Read More…