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“Biden cuts border funding as his policies are about to overwhelm it” The $1.5 trillion omnibus spending bill President Joe Biden signed this week — the first since he took office — has the biggest hike in domestic spending in four years. But not all programs are equal. Climate-change boondoggles get billions while border-security funding is…
“#Freeland pledges $30 billion in pandemic spending” Politics Insider for Dec 15, 2021: A major fiscal update; sobering Omicron news; and Singh pivots on Bill 21 Welcome to a sneak peek of the Maclean’s Politics Insider newsletter. Sign up to get it delivered straight to your inbox in the morning. New COVID spending: Chrystia Freeland’s fall fiscal update sets aside…
“#CBO releases estimates for $1.75T Biden social spending bill” The Congressional Budget Office released four initial reports Wednesday on parts of President Biden’s sweeping $1.75 trillion social spending bill ahead of a planned vote in the House of Representatives next week. The non-partisan office looked at parts of the bill contributed by the House Homeland…
“#Biden’s trillion-dollar budget will lead to financial collapse” Social Security is the single most expensive program the federal government runs. By itself, Social Security already accounts for a quarter of every dollar Washington spends. And even all that spending isn’t enough: Social Security’s “unfunded liabilities” — how much money the government would need today to…
“#Cuomo’s budget recklessness is already causing pain” Gov. Andrew Cuomo claims he’s trying to forestall economic “damage” by delaying steps to plug the state budget gap, but watchdogs, schools and local governments are right to warn of major pain from his delay itself. And, by the way, that gap (Cuomo says it’s $30 billion over…
“#Cuomo’s options for avoiding spending cuts this year worse than COVID-19” Forces looking to avoid the major budget cuts that state government needs to make will tell you that Gov. Andrew Cuomo has saved enough to avoid the need for big cutbacks. But that relies on some truly creative accounting. The pandemic and lockdowns have…
“#Gov. Andrew Cuomo needs to start spelling out his spending cuts” It’s long past time for Gov. Cuomo to offer up his Plan B for spending cuts if the feds don’t dump tens of billions on the state. Critics, such as the Citizens Budget Commission, rightly warn of the dangers of failing to advance a…
“#Seattle City Council approves cuts to police positions, budget” August 10, 2020 | 11:37pm Enlarge Image Police officers look on at protesters in Seattle in July. AP SEATTLE — The Seattle City Council approved proposals Monday that would reduce the police department by as many as 100 officers through layoffs and attrition — an action…