Three retiring Republican senators—Roy Blunt of Missouri, Jim Inhofe of Oklahoma, and Richard Shelby of Alabama—received more than $1.5 billion in earmarks contained in the Omnibus Spending Bill of 2022, according to a new analysis by a nonprofit government watchdog. The Republican trio’s pork barrel projects were among the 7,506 in the bill, worth a…
Retiring GOP Senators Left Congress With $1.5 Billion in Earmarks in 2022 Spending Package
Retiring GOP Senators Left Congress With $1.5 Billion in Earmarks for Their States
Three retiring Republican senators—Roy Blunt of Missouri, Jim Inhofe of Oklahoma, and Richard Shelby of Alabama—received more than $1.5 billion in earmarks for projects in their states as part of last year’s spending bill, according to a new analysis by a nonprofit government watchdog. The Republican trio’s pork barrel projects were among the more than…
Congress Is Working Against the Federal Reserve
December 19, 2022
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2022 federal budgetBusiness & MarketsBusiness ColumnistseconomyemploymentinflationSen. Richard Shelby
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Since last Wednesday—when the Federal Reserve rate decision dropped at 2:00 p.m. EST—to the market close on Friday, the Dow Jones Industrial Average slipped 4.2 percent and the S&P 500 Index fell 4.9 percent. While most business columnists put those declines mostly on the Fed’s rate increase, a deeper dive speaks to a more negative…
Hill Republicans Split Over ‘Clean CR’ Issue as Democrats Move to Boost Spending in Lame Duck Session
September 21, 2022
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Continuing Resolution (CR)lame-duck sessionPoliticsSen Mike LeeSen. Richard ShelbySenate Appropriations CommitteeUSUS News
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Senate Republicans are split on whether to push Democrats to adopt a measure that funds the government at existing levels until the new Congress convenes in January or agree to a post-election “lame duck session” vote for billions of dollars in new spending. Because the current fiscal year ends on Sept. 30, Congress must adopt…
Hill Republicans Split Over ‘Clean CR’ Issue as Democrats Move to Hike Spending in Lame Duck Session
September 21, 2022
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Continuing Resolution (CR)lame-duck sessionPoliticsSen Mike LeeSen. Richard ShelbySenate Appropriations CommitteeUSUS News
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Senate Republicans are split on whether to push Democrats to adopt a measure that funds the government at existing levels until the new Congress convenes in January or agree to a post-election “lame duck session” vote for billions of dollars in new spending. Because the current fiscal year ends on Sept. 30, Congress must adopt…
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