Earlier this week, the Trump administration released a $4.4 trillion budget proposal that calls for a massive increase in military spending along with cuts to programs for food stamps and basic school safety, among other essential social services. The proposal would also blow up the federal deficit over the next decade, but of course Republicans have never been the fiscal hawks they claim to be.
President Donald Trump’s proposal to hold a large-scale military parade in Washington, with marching soldiers and rows of tanks and armored vehicles, could cost as much as $30 million, according to Office of Management and Budget Director Mick Mulvaney.
President Trump’s budget blueprint would only make things worse for U.S. agriculture. Trump’s hostility to trade deals has already inflicted damage on an economic sector highly dependent on exports. And that’s on top of his deficit-exploding tax bill and cranked-up federal spending, sure to make borrowing still more expensive.
The Trump White House’s newly proposed budget is (like all White House budget proposals) more of a political document than anything else. It has no actual bearing on how the government will spend its money, and Congress will almost certainly ignore it.
The $7.1 trillion added to the deficit over the next decade by this budget proposal assumes an ambitious rate of growth of at least 3 percent each year. If the economy is less strong before 2029, that number could get a lot higher. One estimate shows that the national debt could grow to $30 trillion in a decade if the plan is enacted as is.
According to a report by Mother Jones’ Ari Berman, Thomas Brunell — a Texas-based Republican who advocated for GOP gerrymandering in multiple states and wrote a book arguing against the merits of competitive elections — has removed his name from consideration to become the next deputy director of the U.S. Census Bureau.
You might think that a former IRS executive or a prosecutor with experience in tax cases or a state tax administrator or another person whose job is to look out for the interests of the taxpayers generally, not individual taxpayers, would be a logical choice. Not in Trumpland.
Trump’s plan— set to be released Monday— is expected to call for just $200 billion in federal funds over the next ten years, with a majority of the $1.5 trillion plan to be funded through state, local, and private investments. During a Thursday press conference, Minority Leader Nancy Pelosi and the House Democratic Policy & Communications Committee revealed an infrastructure package separate from that of the Trump administration.
Because even he knows that as a lifelong con-man, his voice takes on the tone of a snake-oil salesman when he starts exaggerating and prevaricating, so he reflexively tries to puff up his credibility with an extra dose of bluster: “No really, trust me, I never lie…” In fact, just in the past year, Trump’s documented whoppers rank him as the lyingest president in U.S. history. And that included Nixon!
Would someone kindly replace Nancy Pelosi as a spokesperson for Democrats? The House minority leader’s riff on the tax bill as “crumbs” for average Americans bombed on two fronts. One was her snide and preachy tone. The other was linking “crumbs” to $1,000-or-better bonuses that a few companies said they will distribute out of their tax savings.
A sweeping two-year budget deal announced by Senate leaders Wednesday promises to end the shutdown threats that have plagued Congress, but fails to address the nagging issue of immigration and will add to a deficit already ballooning because of the GOP tax cut plan.
Some of the nation’s fiercest winds tear across the 100-odd miles separating Casper and Rawlins, making Wyoming a potential colossus of wind power. So why is Wyoming the only state to tax wind power? Ask the politicians representing America’s biggest producer of coal. Or simpler, check their donor list.
In December, Donald Trump signed a $700 billion defense bill into law, ramping up the size and strength of the U.S. military. The $80 billion spending increase alone is enough to finance tuition-free public colleges and universities.
The federal government is pushing a change in wage and hour laws that would alter how restaurant tips are collected and distributed to servers. Essentially, the proposed change underscores the principle that tips belong to restaurants, not to servers.
Trump took to Twitter Friday, denying that he referred to some countries in places such as Africa as “shithole” nations. “The language used by me at the DACA meeting was tough,” he tweeted, “but this was not the language used.” Still, many wondered why people would leave the Scandinavian nation for the U.S. in the first place.
In the spring of 2017, the newly elected president met with members of the Congressional Black Caucus. During that meeting, one of the members mentioned to Trump that welfare reform would be detrimental to her constituents— adding, “Not all of whom are black,” according to NBC.
Even in this country of grand egalitarian aspirations — where the common yeoman (neither rich nor poor) has been hailed from 1776 forward as America’s greatest strength — the U.S. actually had no broad middle class until one was created in the 1930s and ’40s. Before then, most Americans either lived in poverty or right next door.
While Trump is right that these numbers are the highest positive rating for Quinnipiac polls on the economy since 2001, the poll also found that 49 percent of American voters believe former President Barack Obama to be responsible for the current state of the economy. Only 40 percent of voters said that Trump was responsible.
Chuck Jones was one of the first worker reps to call out Donald Trump for being a complete fraud when he claimed he was personally saving American jobs by striking deals with big businesses. Specifically, Jones debunked Trump’s insistence, in December 2016, that he was saving more than a thousand jobs at a Carrier plant in Indianapolis and stemming the tide of globalization.
One book about the Americans born between 1946 and 1964 has “Generation of Sociopaths” in the title. And a recent piece in The Atlantic goes for their throats as “grandparents stealing from the grandchildren.” (Ouch, that serpent’s tooth.)
That’s not really true, because the bill that emerged from Congress this week does little to simplify the tax code and in some ways makes it even more complicated. The tax return on a postcard, originally a symbol of radical reform, has become a gimmick aimed at distracting the public from a revenue collection system that is just as confusing, frustrating, intrusive and manipulative as ever.
Across the Midwest, an estimated 600 workers were notified they were being laid off by the company on December 16, a week before the company announced it was doling out $1,000 bonuses to 200,000 of its employees in celebration of the Republican Party’s tax overhaul.
The Trump bill, which reads like a wish list for Goldman Sachs and its clients, has already triggered an aggressive “race to the bottom” in international corporate tax rates, rules and regulations. It is the exact opposite of his campaign promise to help the middle class.
Mitch McConnell thinks the tax bill passed by Congress will put a strong wind into his party’s sails. “If we can’t sell this to the American people, we ought to go into another line of work,” the Senate majority leader said Wednesday.
Days before heading away for the holidays, Trump told White House reporters that the tax bill would be “one of the great Christmas gifts to middle-income people.” However, Mar-a-lago’s exclusive dinner guests would have paid a $200,000 initiation fee and $14,000 in annual dues to Trump’s golf club and resort.