The $1 trillion Infrastructure Bill has finally been passed by a bi-partisan Congressional vote and signed into law by President Biden. The Bill has undergone many revisions and different negotiated iterations in order to satisfy both sides of the aisle. As with any compromise, there are plenty of dissatisfied parties -- some think that the Bill kowtowed to Big Oil and was gutted of its most promising climate mitigation clauses, while others think that it’s a bloated threat to the United States deficit that threatens to take away coal and…
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Changes coming to the city's iconic Union Square after earlier flash-mob-robberies.
The post Pre-Christmas Pillaging of San Francisco Stores Continues for Third Day first appeared on Le·gal In·sur·rec·tion .
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Sources tell The Post that Trump's bashing of the lawmakers in remarks at a National Republican Congressional Committee dinner Monday night, has led to an escalation in threats.
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House Democrats were able to pass their massive $1.2 trillion infrastructure bill during a late-night session on Friday despite infighting between centrist Democrats and the progressives.
The largest infrastructure bill in history passed by a vote of 228 to 206, with 13 Republicans voting with Democrats.
The measure, which was passed by the Senate in August, goes to the desk of President Joe Biden for his signature.
Several far-left Democrats voted no on the measure because they wanted assurances from Democrat leadership that they would be able to pass the far more ambitious $3.5 tril [...]
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The IRS is sending out another half-billion dollars in refunds for people who took unemployment in 2020.
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Government bureaucrats aren’t exactly known for spending taxpayer money wisely. Sadly, the pandemic has proven no exception—with new studies showing that local governments wasted millions on vaccine lotteries that accomplished…nothing. For example, Ohio implemented a “Vax-a-Million” initiative where it drew weekly lotteries for a $1 million prize among those who got the vaccine. Similar programs […]
The post States Spent At Least $90 Million on Vaccine Lotteries. Studies Show They Accomplished Nothing | Brad Polumbo appeared first on Populist Press 2021 © .
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Taliban fighters in US military uniforms Joe Biden supplied the Taliban terrorist organization and their Islamist accomplices with several years’ worth of US armaments. Rather than destroying the equipment before leaving the country, Joe Biden decided to leave the nearly $85 billion worth of US military equipment to the Taliban. As The Gateway Pundit reported…
The post Biden Admin to Send the Taliban Millions in US Dollars After Arming them with $83 Billion in US Military Weapons appeared first on The Gateway Pundit .
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Democrats and advocates pushing for big climate investments in reconciliation legislation will likely need to scale down their ambitions even as they emphasize the global stakes of the fluid Capitol Hill talks. The big picture: Democrats and the White House face the tricky task of crafting a social spending and clean energy plan that will be significantly smaller than progressives have envisioned. Democrats will likely need to cut significantly the $3.5 trillion plan crafted in the House as Sen. Joe Manchin (D-W.Va.) calls for a $1.5 trillion ceiling. But how that affects climate initiatives c [...]
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People who receive food stamps, known as the Supplemental Nutrition Assistance Program (SNAP), will notice a major and permanent increase starting in October.
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House Speaker Nancy Pelosi said Friday evening that “more time is needed” to pass President Joe Biden's Build Back Better Agenda, after previously vowing to get the infrastructure deal passed this week.
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Sen. Bernie Sanders is urging progressives in the House to withhold their votes on the Senate-passed $1.2 trillion infrastructure bill until a sweeping $3.5 trillion social spending bill is passed.
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JPMorgan Chase has begun preparing for the possibility of the US hitting its debt limit, Chief Executive Jamie Dimon told Reuters on Tuesday, adding he nevertheless expected policymakers to find a solution to avoid that “potentially catastrophic” event. The country’s largest lender has begun scenario-planning for how a potential US credit default would affect the...
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US Treasury Secretary Janet Yellen told lawmakers on Tuesday the government could run out of cash by Oct. 18 unless Congress acts to lift the federal debt limit in advance of the Treasury Department exhausting efforts to preserve resources. “At that point, we expect Treasury would be left with very limited resources that would be...
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Congress has distributed billions of dollars to states impacted by hurricanes
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Moderna released data showing its COVID-19 vaccine is effective in preventing serious health issues or death from “variants of concern" but admitting that those who received the vaccine last year were twice as likely to get the coronavirus disease.
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Pfizer and Moderna are pushing for COVID-19 vaccine booster shots, but the Food and Drug Administration has yet to support a third dose. Many Americans still need to be convinced to get their first shot. Omar Villafranca has more.
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Senate Democrats met with the Senate Parliamentarian about including an immigration provision in the $3.5 trillion budget reconciliation process, which they're aiming to pass with no GOP support. CBS News immigration reporter Camilo Montoya Galvez joins "CBSN AM" with the latest on immigration reform.
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House Democrats' tax proposal plans to increase taxes on corporations and wealthy Americans. The plan is expected be challenged by Republicans and more moderate Democrats. CBS News reporter Sarah Ewall-Wice joins CBSN's "Red & Blue" host Elaine Quijano to discuss.
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US Budget Deficit Hits $2.7 Trillion With One Month Left In Fiscal 2021
Another month, another $171 billion spent by the US government which it doesn't have.
At 2pm, the Treasury released its latest Monthly Treasury Statement which showed that in August, the US budget deficit was a relatively tame - by recent standards - $170.6 billion, which was slightly better than the $173 billion consensus estimate, and a decline compared to the $200.1 billion a year ago.
The deficit was the result of a 3.7% increase in spending to $439 billion from $423.2 billion a year ago...
... offset [...]
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Two senior Democrat senators on Friday introduced a legislative proposal that would levy a 2 percent tax on corporate stock buybacks, a move that comes as Democrats scramble to fund the Biden administration’s $3.5 trillion spending plan. Sens. Ron Wyden (D-Oregon) and Sherrod Brown (D-Ohio) said in a joint statement that the draft bill, called […]
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