JAMES CARTER: Spending Faster Than The Speed Of Light James Carter on March 2, 2023 The federal budget is an utter mess. Unsurprisingly, the congressional budget process responsible for that …
Spending
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WASHINGTON(Reuters) – U.S. construction spending unexpectedly fell in January as investment in single-family homebuilding continued to decline. The Commerce Department said on Wednesday that construction spending dipped 0.1% in January …
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Oroho Says Massive Spending Increases, Failed Tax Relief Are Hallmarks of Murphy’s Budget Proposal
Senate Republican Leader Steven Oroho said Gov. Phil Murphy’s latest budget increases spending by billions while missing the mark on tax relief, school funding, and transparency.
- US and World News
McConnell calls for higher US defense spending over the next year
by Reutersby ReutersWASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell called on Congress on Tuesday to increase defense spending in the coming year to confront what he termed growing threats from …
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U.S. consumer spending posts biggest gain in nearly two years; inflation picks up
by Reutersby ReutersBy Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased by the most in nearly two years in January amid a surge in wage gains, while inflation accelerated, adding to …
- Business News
Russia’s defence spending to climb as revenues shrink – German IW Institute
by Reutersby ReutersBERLIN (Reuters) -Russia is clearly developing into a war economy, with spending on defence increasing while state revenues shrink, the German Economic Institute IW said in a report on Thursday. …
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‘Bigotry And Racism’: Dems Blast Republicans Looking To Cut ‘Woke’ Spending
‘Bigotry And Racism’: Dems Blast Republicans Looking To Cut ‘Woke’ Spending Reagan Reese on February 21, 2023 Democrats are pushing back against Republicans who want to cut “woke” handouts, including …
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(Reuters) -CoStar Group said on Tuesday it was no longer in talks to buy Realtor.com owner Move Inc from News Corp and forecast disappointing first-quarter revenue that sent its shares …
- Business News
Hong Kong under pressure to cut spending in budget as deficit soars
by Reutersby ReutersBy Jessie Pang and Donny Kwok HONG KONG (Reuters) – Hong Kong is under pressure to rein in spending when it unveils its annual budget on Wednesday, after racking up …
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Texas AG Sues POTUS Over ‘Unlawful’ Signing Of $1.7 Trillion Omnibus Spending Bill
Texas AG Sues POTUS Over ‘Unlawful’ Signing Of $1.7 Trillion Omnibus Spending Bill Katelynn Richardson on February 16, 2023 Texas Attorney General Ken Paxton filed a lawsuit Wednesday against President …
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Dems Want To Turn The Farm Bill Into A Climate Spending Spree
Dems Want To Turn The Farm Bill Into A Climate Spending Spree Bronson Winslow on February 16, 2023 Democratic lawmakers are seeking large amounts of funding for climate concerns in …
- Business News
Shopify sinks as investors worry over big spending in weak economy
by Reutersby ReutersBy Nivedita Balu (Reuters) – Shares of Shopify Inc slid 16% on Thursday after the Canadian tech giant’s weak forecast for first-quarter revenue and higher cost projections amplified investor concerns …
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US Projected To Tack On $19 Trillion In Debt Over Next Decade As Spending Soars
US Projected To Tack On $19 Trillion In Debt Over Next Decade As Spending Soars Mary Lou Masters on February 15, 2023 The U.S. is likely to add $19 trillion …
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Another State Follows DeSantis’ Lead And Requests Data On University Diversity, Equity And Inclusion Spending
Another State Follows DeSantis’ Lead And Requests Data On University Diversity, Equity And Inclusion Spending Alexa Schwerha on February 9, 2023 South Carolina lawmakers followed Republican Florida Gov. Ron DeSantis’ …
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Kenya tweaks 2022/23 spending, deficit estimates in supplementary budget
by Reutersby ReutersNAIROBI (Reuters) – Kenya’s finance ministry has tweaked its spending and budget deficit estimates for the current fiscal year that ends in June to show a slight increase in overall …
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Florida Universities ‘Misreported’ Diversity, Equity And Inclusion Spending, DeSantis Admin Says
Florida Universities ‘Misreported’ Diversity, Equity And Inclusion Spending, DeSantis Admin Says Alexa Schwerha on February 2, 2023 Florida universities “under-reported” how much taxpayer money is spent on Diversity, Equity and …
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Norway to raise spending from wealth fund to aid Ukraine, PM says
by Reutersby ReutersOSLO (Reuters) – Norway will increase the spending from its sovereign wealth fund in the coming years to fund military and civilian aid to Ukraine, Norwegian Prime Minister Jonas Gahr …
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WASHINGTON(Reuters) – U.S. construction spending unexpectedly fell in December as investment in single-family homebuilding continued to slump amid higher mortgage rates. The Commerce Department said on Wednesday that construction spending …
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By Stella Qiu SYDNEY (Reuters) – Australian retail sales recorded the biggest drop in more than two years in December, as rising borrowing costs and sky-high inflation finally sank spending, …
- Business News
Russia eyes end to liquidity caps on wealth fund ‘anti-crisis’ spending
by Reutersby ReutersBy Darya Korsunskaya and Alexander Marrow (Reuters) -Russia’s finance ministry on Thursday proposed scrapping liquidity restrictions for spending on “anti-crisis” investments from its National Wealth Fund (NWF), citing the need …
- Business News
Brazil’s economy to stay weak amid doubts over Lula’s spending push: Reuters poll
by Reutersby ReutersBy Gabriel Burin and Valentine Hilaire BUENOS AIRES/MEXICO CITY (Reuters) – Brazil’s slowing economy will likely remain weak in 2023 as a planned spending drive by newly-elected President Luiz Inacio …
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(Reuters) – Advertising spend on Twitter Inc dropped by 71% in December, data from an advertising research firm showed, as top advertisers slashed their spending on the social-media platform after …
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JENNY BETH MARTIN: House GOP Must Confront The Federal Gov’t’s Spending Addiction — Before It’s Too Late
JENNY BETH MARTIN: House GOP Must Confront The Federal Gov’t’s Spending Addiction — Before It’s Too Late Jenny Beth Martin on January 24, 2023 News flash – the COVID pandemic …
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Thai Lunar New Year spending seen at 3-yr high as tourism rebounds – survey
by Reutersby ReutersBANGKOK (Reuters) – Thailand’s consumer spending over the Lunar New Year period could rise 13.6% to 45 billion baht ($1.36 billion), a three-year high, as the economy recovers and China’s …
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Florida’s Public Universities Are Spending Millions In Taxpayer Dollars On Woke Education Initiatives
Florida’s Public Universities Are Spending Millions In Taxpayer Dollars On Woke Education Initiatives Alexa Schwerha on January 18, 2023 Public universities in Florida are spending approximately $28.3 million to fund …