China spending ‘drastically more’ on military than declared, US admiral says
The commander of the U.S. Indo-Pacific Command said Tuesday that China’s increased defense spending is concerning given that China’s economy is “sluggish.” Admiral John Aquilino told reporters in Tokyo that China’s economy has been hit by turmoil in its real estate sector, insisting that official growth rates are “unrealistic.” He also said China was spending […]
BlackRock triples spending on security for CEO Larry Fink
Last year, BlackRock faced chilling criticism of Chief Executive Officer Larry Fink over his commitment to investing in companies promoting controversial ESG strategies. More than tripled spending on security. The world’s largest fund manager, which oversees about $10.5 trillion in assets, filed a proxy statement with the Securities and Exchange Commission earlier this month, saying […]
Senate Republican blasts House for passing foreign aid bills: Spending money ‘we don’t have’
Sen. Ron Johnson (R-Wis.) slammed the House for passing the foreign aid bill, saying Congress was spending money “we don’t have” and that the U.S. should instead focus on securing its own borders. He claimed that. “We’re going to take out more mortgages and rob our children’s futures by more than $100 billion,” Johnson said […]
Black Chicagoans Blast Mayor Brandon Johnson over Spending on Migrants
A group of Black residents on Wednesday slammed Chicago Mayor Brandon Johnson for spending an additional $70 million to feed and house undocumented immigrants during a meeting in the city to make their case home. He wore former President Donald Trump’s signature MAGA hat. hole. Mr. Johnson continues to increase spending on immigration, but Mr. […]
‘Triple spending’: Zimbabweans bear cost of changing to new ZiG currency – Al Jazeera English
Harare, Zimbabwe – At a shopping center in Glenview, a working-class downtown area in Zimbabwe’s capital Harare, carpenter Arnold Mtiri stops to buy a two-liter (half-gallon) Mazoe raspberry drink. The price tag said $3.70. Due to Zimbabwe’s unstable currency and years of economic crisis, most products are priced in the more stable US dollar, and […]
Congressional minority caucuses call for data on government spending on contractors
A tri-party caucus in Congress called on the Small Business Administration (SBA) to release complete federal contract spending data disaggregated by race and ethnicity. The chairs of the Congressional Asian Pacific American Caucus (CAPAC), the Congressional Black Caucus (CBC), and the Congressional Hispanic Caucus (CHC), as well as Representative Barbara Lee (D-Calif.), lead 40 Democrats. […]
CORRINNE CARLSON: Biden’s Education Spending Puts Critical Race Theory Over Real Learning
If President Joe Biden secures a second term, brace for a ramp-up in radical policies and hyper-partisanship. Throughout his first four years, he has shamelessly championed controversial and anti-American ideologies, and it seems he has no intention of stopping now: His newly unveiled budget proposal for next year is packed to the brim with grants to the […]
Mike Johnson Voting with Democrats on FISA, Spending ‘Abdicating the Power of the Purse’
During this week’s broadcast of FNC’s “Sunday Morning Futures,” Sen. Rand Paul (R-Ky.) said House Speaker Mike Johnson (R-Louisiana) had two important topics to discuss: foreign intelligence surveillance. Criticized for voting in line with Democrats to update the law (FISA) last week, and last month, a $1.2 trillion budget proposal was released. Paul acknowledged that […]
Los Angeles in hot water over for spending hundreds of millions on worsening homeless crisis
Gov. Gavin Newsom’s Council on Homelessness puts local governments over state audit report that reveals California fails to track how billions of dollars are spent to address the homelessness crisis In the same week, the Los Angeles City Council agreed to pay significant restitution. An outside company paid $2.2 million to audit its program. Last […]
Norway’s announcement is a reminder that defense spending is a NATO success story
Last week, the Norwegian government presented a new long-term defense plan that, if adopted, would double The country’s defense budget will reach that size in just over a decade. Norway’s plan was announced shortly after the country announced in March that: Plans to spend 2% of GDP on defense in 2024achieved NATO benchmarks two years […]