After initially considering spending 80 percent of its federal COVID-19 relief funds on improvements to a local park, the City of Irvine has decided to hold off on its spending decisions. The city is delaying its allocation of funds until it receives more guidelines from the federal government on how money can be used. Irvine is set to receive $53 million from…
Irvine Delays Decision on Pandemic Relief Fund Spending
April 28, 2021
admin
America Rescue PlanbudgetfundingirvineIrvine City CouncilOrange CountymericaRegional-Local NewsSouthern CaliforniaUS
0 Comment
2021 Budget: Deficit Spending Likely to Inflate an Already-Expanding Public Service
Continued deficit spending in this week’s federal budget, the first in two years because of the pandemic, is likely to inflate an already-expanding public service that has grown 11.5 percent, or by more than 39,000 full-time equivalent employees, in the five years between 2015–16 and 2019–20. “There was a huge downsizing under Chretien, and then…
More than $950 Million Budgeted for LA’s Homeless
April 21, 2021
admin
budgetEric GarcettihomelesshousingLos AngelesOpinionRegional-Local NewsSouthern CaliforniaState of the CityUSViewpoints
0 Comment
Los Angeles Mayor Eric Garcetti wants to spend up to $23,000 per homeless person over the next year. That’s the analysis of Garcetti’s state of the city speech April 19 and his 500-plus page budget proposal, covering the July 1, 2021 to June 30, 2022 fiscal year. In his speech, Garcetti said, “we will dedicate…
2021 Federal Budget Spends Large on Canada’s Credit Card
Commentary The 2021 federal budget released on April 19 solidifies the legacy of the Trudeau government—it pays for spending with the country’s credit card and shows a disregard for the country’s growing debt. As outlined in Budget 2021, Ottawa expects revenues this year (2021/22) to exceed expectations from the economic update released in November 2020 by…
True National Debt Exceeds $123 Trillion, or Nearly $800,000 per Taxpayer
America’s national debt now exceeds $123 Trillion, according to a new report, or more than four times the official figure of $28 Trillion, as calculated by the U.S. Treasury Department at the end of March 2021. Federal spending related to the CCP Virus pandemic and economic lockdown added nearly $10 Trillion to the total in…
True National Debt Exceeds $123 Trillion, or Nearly $800,000 per Taxpayer: Report
America’s national debt now exceeds $123 trillion, according to a new report, or more than four times the official figure of $28 trillion, as calculated by the U.S. Treasury Department at the end of March. Federal spending related to the CCP virus pandemic and economic lockdown added nearly $10 trillion to the total in 2020,…
NTD Business Full Broadcast (April 9)
President Biden releases his first budget proposal today. How much is it worth and what’s in it? New York’s new budget is raising concerns in the business community. NTD hears from a business group and a prominent business owner. Corporate taxes could hurt businesses or consumers if prices go up. But what happens to your…
New Report Paints Dire Picture for Post-COVID Recovery Due to Increased Spending, Bigger Government
The increased size of government coupled with unprecedented spending in response to the pandemic could serve to hinder economic recovery efforts, according to a new report. Moreover, based on the growth of government in relation to per-person spending and the size of the economy, further excessive expansion of government post-COVID could impede prosperity for Canadians…
Liberals Overpromise and Underdeliver, While Canadians Suffer the Economic Consequences
Commentary Back in 2015, Justin Trudeau was elected prime minister in part because of his different disposition compared to then-prime minister Stephen Harper. It was not Trudeau’s experience in government, which was limited, nor his experience in business, which was non-existent, that led the Liberals to victory, but rather his exuding optimism that differentiated him…
US Lawmakers Seek 20 Percent Boost in Foreign Affairs Budget, With Eye on China
WASHINGTON—Democratic U.S. lawmakers on Tuesday proposed an increase of $12 billion in the country’s foreign affairs budget, hoping to prod President Joe Biden to boost funding for diplomacy after years of flat spending. Sens. Chris Murphy (D-Conn.) and Chris Van Hollen (D-Md.) and Reps. David Cicilline (D-R.I.) and Ami Bera (D-Calif.) said the 20 percent…
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`