China and Russia’s romance continues—at least, that’s what China says. We explore what China’s aggressive tones, like breaking international order or criticizing the United States, have done to our perception of the communist regime. President Joe Biden’s new defense budget proposal is facing the heat. At the same time, the Pentagon released its 2022 defense…
China, Russia Continue ‘Limitless Friendship’; New Pentagon Plan Calls China the Pacing Threat
March 31, 2022
admin
budgetChinaChina InsiderEpochTVGlobal Expansionnational defensePentagonRussiasanctionsSpecial TopicsUS-ChinaUS-China relations
0 Comment
Australian Family Businesses to Receive Tax Relief for Going Digital
Small businesses, which are the heart of the Australian economy and local communities, employing nearly eight million Australians, will be able to save nearly $1.6 billion (US$1.2 billion) on their tax bills for going digital and training workers in the latest federal budget. The tax break consists of two parts, the first being a $1…
‘Thank You for the Diatribe’: OMB Director Young Responds to House Question on Budget
March 29, 2022
admin
budgetBusiness & EconomycongressdeficitDemocratseconomic policieseconomyExecutive BranchinflationMarketsOMBPolicies & ImpactsPoliticsRepublicansShalanda YoungstocksUSUS News
0 Comment
Office of Management and Budget Director Shalanda Young testified Tuesday about President Joe Biden’s proposed $5.8 trillion Fiscal Year 2023 Budget, which was released yesterday, more than a month after it was due on the first Monday of February. Young spoke before a hybrid hearing of the House Committee on the Budget, which is made…
Federal Liberals Set to Deliver Budget on April 7, Freeland Tells House of Commons
Finance Minister Chrystia Freeland plans to deliver this year’s federal budget next week. Freeland told the House of Commons she will unveil the government’s spending plans on April 7 in a document that has been expected to focus on measures to spur economic growth. It is also anticipated the budget will have new social programs…
Biden Budget Trims Inflation, Raises GDP Outlook, Increases National Debt
In the proposed 2023 $5.8 trillion federal budget, President Joe Biden and his administration published inflation, GDP, and deficit forecasts for the next ten years. The consumer price index is projected to clock in at 4.7 percent this year and 2.3 percent in 2023, according to the White House. Nominal GDP is expected to rise…
Biden Proposing 20% Min Tax on Wealthy; Yield Curve Inverted, Recession on the Way? | NTD Business
President Joe Biden announces his budget plan for 2023, including a new minimum tax targeting billionaires. Shanghai, with a population of 26 million, is going under lockdown. This is the biggest one since Wuhan 2020. Are we facing a recession? A key warning light is flashing. Google is warning billions of Chrome users that the…
Biden’s Budget Calls for Funding the Police, Taxing Rich, Countering China
WASHINGTON—President Joe Biden released his $5.8 trillion budget for fiscal year 2023 on Monday, including significant funding for the police, in an effort to set himself apart from progressives in his party who have advocated for defunding the police. Biden also proposed a new minimum tax targeting the rich. Biden’s budget allocates $3.2 billion in…
German Fiscal Policy to Stave Off Stagflation: Lindner
March 22, 2022
admin
budgetBusiness & Economyeconomic policieseconomyEuropefiscalGermanyinflationRussia-Ukraine WarstagflationWorld
0 Comment
BERLIN—The German government will tailor its public spending plans to avoid stagflation in Europe’s biggest economy and keep at bay the risk of sliding into a cycle of rising prices and anemic growth, Finance Minister Christian Lindner said on Tuesday. “The goal of the federal government is to support growth in Germany and mitigate the…
Homeschool Mom Sticks to a Tight Budget of $860 Each Month to Feed Her Family of 11
A mom of nine from Australia shares how she manages to feed her family for AU$3.60 (approx. US$2.60) per head a day. Claire Louise Hooker, 35, has revealed how she sticks to a tight budget of AU$1,200 (approx. US$860) each month to feed her family of 11. The stay-at-home mom, from rural Canberra, New South Wales,…
Russia’s Invasion of Ukraine a Warning to Canada to Get Serious About Defence
Commentary For the second time in my adult life a major shock seems to have made people serious about defence. It remains to be seen how serious. But like 9/11, the Russian invasion of Ukraine has blown away any number of comforting illusions. So now what do we do? In the short run we seem…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`