Tag Archives: spending

Pentagon Fired Official Attempting To Cut Spending

“Yet within two years of Trump’s entrance into the White House, Assad would find himself removed from his job, and his efforts to save money and recover hundreds of millions of dollars in potentially fraudulent spending tabled. His treatment, he … Continue reading

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“The bipartisan spending binge is now worse than under Bush and Obama”

“We’re now $22 trillion in debt, yet despite all that red ink, the Mexican cartels have control of our border and we’re not one bit closer to spending money on our own security. We’ve gone into deep debt for everything … Continue reading

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“…Trillion Dollar Spending Bill. No One Has Read It”

“The House of Representatives is scheduled to vote on a government appropriations bill Thursday evening and, with a day until the vote, lawmakers still have not received the text of the legislation. “No one has seen the final wording of … Continue reading

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“Savings… Near Record Lows As Americans Spend More Than They Make…”

“While US personal incomes grew, as expected, at 0.3% MoM, Americans resumed spending fare more than they make (increasing 0.6% MoM in April). For the 28th month in a row, YoY growth in spending has outpaced incomes, sending the savings … Continue reading

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“Trump signs $1.3 trillion spending bill into law despite being ‘unhappy’ about it”

Trump signs $1.3 trillion spending bill into law despite being ‘unhappy’ about it. The signing marked the second about-face for Trump in 24 hours. The White House had said he would sign it, then said he might veto it. Trump … Continue reading

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Massive News: “$21 trillion of unauthorized spending by US govt…”

“The US government may have misspent $21 trillion, a professor at Michigan State University has found. Papers supporting the study briefly went missing just as an audit was announced. Two departments of the US federal government may have spent as … Continue reading

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“US Savings Rate Crashes To 10 Year Lows As Spending Surges…”

“While incomes grew at an expected 0.4% MoM, US consumers spent at an exuberant 1.0% MoM clip – the biggest monthly rise since Aug 2009 (cash for clunkers). To cover this spending surge, the savings rate tumbled… …the savings rate … Continue reading

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