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“#Biden’s insane new spend-fest is a recipe for national disaster” Three. Trillion. Dollars. Maybe four: That’s how much President Joe Biden wants for his next installment of Let’s Remake America. Think of it as pumping gasoline by the shipload onto a wildfire. Fresh off signing a $1.9 trillion bill for “COVID relief” (that has little…
“#Investors seek Bitcoin haven amid weakening dollar worries” Warren Buffett hates cryptocurrencies. Treasury Secretary Janet Yellen isn’t a fan and neither is Bill Gates. Ditto for scores of great economic minds who call the rise of cryptos like Bitcoin a “bubble,” and a lot worse. I have my doubts as well. I’ve seen too many…
“#Biden’s insane $3T race to transform the nation overnight” Fresh off ramming through a nearly $2 trillion “COVID relief” package by the slimmest majority, President Joe Biden now wants to shell out another $3 trillion, more than doubling the size of the federal government in a matter of months. The clear idea: to fundamentally transform…
“#Can Gov. Cuomo stop the Legislature’s tax-and-spend madness?” With the Assembly and state Senate champing at the bit to hike taxes and spend like crazy, the question becomes: Can a badly weakened Gov. Andrew Cuomo stop them? As detailed in Sunday’s Post, lawmakers’ plans risk prompting an exodus of the high earners who actually pay most taxes already — and the…
“#Dems’ new COVID relief bill subsidizes health care for the rich” Democrats’ holy grail is reducing income inequality. So it’s ironic that they are considering a bill to expand ObamaCare that will primarily benefit richer households and health-insurance companies. The massive coronavirus relief bill racing through Congress provides substantial new health-insurance subsidies to upper-income households….
“#Biden partisan ‘relief’ push puts Democrats’ desires ahead of the nation’s needs” President Biden, Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer are pressing ahead with their strictly partisan, $1.9 trillion “relief” bill — chasing Democrats’ agenda at the nation’s risk. So far, it’s working: The Senate, with Veep Kamala Harris’ tie-breaking vote, passed…
“#New York, New Jersey hide full details of COVID-19 spending” New York and New Jersey, early hot spots during the COVID-19 pandemic, have so far declined to release detailed breakdowns of their spending on personal protective gear and medical equipment during the first frenzied months of the virus outbreak. The administration of New York Gov….
“#Mark Cuban adovcates for dramatic increase in COVID-19 aid” Billionaire sports owner Mark Cuban is advocating for a dramatic increase in the economic aid the federal government is providing to Americans during the coronavirus pandemic. The owner of the NBA’s Dallas Mavericks told CNBC in an interview that every household in the country should receive…
“#Here’s how stimulus checks could cost Americans in the long run” Massive federal spending meant to blunt the coronavirus’s economic impact could have long-term costs, experts say — meaning those stimulus checks might not be free money after all. Congress’s unprecedented stimulus measures coupled with the Federal Reserve’s aggressive efforts to shore up the economy…