Posts Tagged ‘economic policy’

Winners and losers in Donald Trump’s first budget plan

Thursday, March 16th, 2017

Military spending would get the biggest boost in President Donald Trump’s proposed budget. Environmental programs, medical research, Amtrak and an array of international and cultural programs — from Africa to Appalachia — would take big hits, among the many parts of the government he’d put on a crash diet.
The budget proposal out Thursday is a White House wish list; it’ll be up to Congress to decide where money goes. If Trump gets his way, there will be more losers than winners among government departments and programs.
Some programs would tread water: WIC grants — money to states for health care and nutrition for low-income women, infants and children — are one example. Monday for states grants for water infrastructure projects would be held level as well.
Some others would lose everything: Trump proposes to eliminate money for the Corporation for Public Broadcasting, the national endowments for the arts and the humanities and more than a dozen other independent agencies financed by the government.
A sampling:
WINNERS
—The Pentagon. Trump proposes a 10 percent increase in the massive defense budget, adding $52 billion in military spending in one year top expand personnel, equipment and capability. Another $2 billion would go to nuclear weapons.
—Veterans Affairs. Up 5.9 percent. That’s an additional $4.4 billion, driven by ever-growing health care costs.
—Homeland Security. Up 6.8 percent. That’s $2.8 billion more. Most of the increase, $2.6 billion, would be to help kick-start Trump’s promised border wall. The president has repeatedly said Mexico would pay for the wall; Mexican officials are adamant that they won’t. Trump also wants an extra $1.5 billion for more immigration jails and deportations, and $314 million to hire 1,500 immigration enforcement and border patrol agents.
—The National Nuclear Security Administration, which oversees the maintenance and safety of the nuclear arsenal and its research labs. The agency would grow

Vote on this story -->>>

Barack Obama signs short-term bill to fund government past election

Thursday, September 29th, 2016

President Barack Obama has signed a short-term funding bill to keep the government from shutting down at the end of the week.
Lawmakers eager to leave town to campaign for re-election gave themselves breathing room by voting to continue existing spending levels for another 10 weeks, beyond the Nov. 8 election.
Members of Congress will have to reach agreement on funding for the rest of the budget year when they meet in a lame-duck session after the election.
The bill Obama signed Thursday also provides $1.1 billion to address the Zika crisis. And it has $500 million to help Louisiana flood victims.
Republished with permission of the Associated Press.
The post Barack Obama signs short-term bill to fund government past election appeared first on Florida Politics.

Vote on this story -->>>

Updates from the 1st presidential debate

Tuesday, September 27th, 2016

The Latest on the first of three presidential debates between Democrat Hillary Clinton and Republican Donald Trump (all times EDT):
10:45 p.m.
Both candidates concluded the first presidential debate by saying they will accept the outcome if the other wins.
Hillary Clinton spoke directly to viewers and said, “It’s not about us, it’s about you.”
Donald Trump initially dodged the same question, saying he would make a “seriously troubled” America “great again.” He added: “I’m going to be able to do it. I don’t believe Hillary Clinton will.”
But Trump finished his answer by saying that if Clinton wins, “I will absolutely support her.”
___
10:43 p.m.
Hillary Clinton is punching back at Donald Trump’s assertions that she doesn’t have the “stamina” to be president.
Trump has questioned whether Clinton has the physical fitness to be president and he repeated the criticism to her directly during the debate. Clinton’s response? Trump shouldn’t talk about stamina until he’s tried out the busy schedule she kept up as secretary of state.
Trump didn’t answer moderator Lester Holt’s original question about his past comments that Clinton doesn’t have the “presidential look.”
Clinton suggested the remarks were about gender, and she reminded the crowd of Trump’s past comments calling women “pigs” and other derogatory names.
___
10:42 p.m.
Donald Trump says NATO needs to “go into the Middle East with us” to combat the Islamic State group. And he is taking credit for NATO focusing resources on combating terrorism.
In fact, the alliance agreed in July to contribute aircraft and conduct training in Iraq and has increased intelligence coordination there. And NATO set up an anti-terrorism program in 2004 — years before Trump criticized them as a presidential candidate.
Earlier this year, Trump criticized NATO for not focusing on terrorism. He said that afterward, he saw an article reporting that NATO was opening a new, major anti-terrorism division.
He said Tuesday

Vote on this story -->>>

Hillary Clinton, Donald Trump battle fiercely over taxes, race, terror

Monday, September 26th, 2016

In a combative opening debate, Hillary Clinton emphatically denounced Donald Trump Monday night for keeping his personal tax returns and business dealings secret from voters and peddling a “racist lie” about President Barack Obama. Businessman Trump repeatedly cast Clinton as a “typical politician” as he sought to capitalize on Americans’ frustration with Washington.
Locked in an exceedingly close White House race, the presidential rivals tangled for 90-minutes over their vastly different visions for the nation’s future. Clinton called for lowering taxes for the middle class, while Trump focused more on renegotiating trade deals that he said have caused companies to move jobs out of the U.S. The Republican backed the controversial “stop-and-frisk policing” tactic as a way to bring down crime, while the Democrat said the policy was unconstitutional and ineffective.
The debate was heated from the start, with Trump frequently trying to interrupt Clinton and speaking over her answers. Clinton was more measured and restrained, but also needled the sometimes-thin-skinned Trump over his business record and wealth.
“There’s something he’s hiding,” she declared, scoffing at his repeated contention that he won’t release his tax returns because he is being audited.
Trump aggressively tried to turn the transparency questions around on Clinton, who has struggled to overcome voters’ concerns about her honestly and trustworthiness. He said he would release his tax information when she produces more than 30,000 emails that were deleted from the personal internet server she used as secretary of state.
Tax experts have said there is no reason the businessman cannot make his records public during an audit.
Clinton was contrite in addressing her controversial email use, saying simply that it was a “mistake”. She notably did not fall back on many of the excuses she has often used for failing to use a government email during her four years as secretary of

Vote on this story -->>>

THE MIAMI METROPOLIS -your source for news, music, sports, movies, restaurants, reviews, weather, travel, arts, tech and events in Miami