Wealthiest 1% Set Record with $44 Trillion Total Net Worth
The richest 1 percent of Americans, led by President Joe Biden, set a record with a net worth of $44 trillion at the end of the fourth quarter, data from the U.S. Federal Reserve showed. A recent Lending Club study found that Biden has come to power to combat the widening gap between rich and […]
Consumers spend more than $1 trillion on interest payments, largely due to increasing credit card debt
Credit card debt will account for half of all interest paid in the final quarter of 2023. (iStock) Interest payments for U.S. consumers are orders of magnitude higher. Last quarter, consumers spent a record $1.1 trillion on interest payments alone. reported quartzusing data from the U.S. Bureau of Economic Analysis (BEA). More than half of […]
Pride flags have been banned from all US embassies as part of Biden’s $1.2 trillion spending package
new york post recently reported Pride flags will no longer be allowed to be flown at U.S. embassies. The ban comes after President Joe Biden signed a $1.2 trillion spending package. “The bipartisan funding bill I just signed will keep our government running, invest in the American people, and strengthen our economy and national security,” […]
Trump has no comment as Congress passes $1.2 trillion spending package
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Biden signs $1.2 trillion spending package to keep government open
President Biden on Saturday signed a $1.2 trillion government funding bill aimed at averting a government shutdown, capping a frenzied race by lawmakers to pass a final version of the spending bill. Biden praised the measure as a compromise and “good news for the American people.” “This agreement represents a compromise, meaning neither side got […]
Sen. Klobuchar hit for 2 AM post taking credit for passage of $1.2 trillion spending budget: ‘You’re welcome’
Sen. Amy Klobuchar (D-Minn.) sparked a wave of anger after touting passing the latest government spending bill and avoiding a government shutdown. In a post shared with X just after 2 a.m. ET on Saturday, Klobuchar told her followers, “You’re welcome” about the $1.2 trillion federal spending package. She wrote, “Hello 2ams! For those still […]
Mike Johnson Violates Hastert Rule in Passing $1.2 Trillion Government Funding Plan
House Speaker Mike Johnson (R-Louisiana) passed a massive $1.2 trillion government funding plan despite opposition from most House Republicans. This violates the Hastert Rule and crosses the Rubicon into dangerous territory for the future of the House Speakership. House Republicans enacted a long-standing rule that prohibits the Republican speaker from colluding with Democrats to pass […]
House passes $1.2 TRILLION spending deal, but what’s in it
Much to the dismay of conservatives who had called for spending cuts, the House passed a $1.2 trillion government funding bill just hours before the shutdown deadline. The package will provide funding to the government until the end of the financial year (September 30). But it’s not just the astronomical costs that conservatives are angry […]
Congress to Vote on $1.2 Trillion Spending Bill Hours After 3 A.M. Release
Congress will vote on $1.2 trillion, more than 1,000 pages of spending on Friday invoice It was revealed just before 3 a.m. Thursday. The bill will be debated in the House of Representatives, where Speaker Mike Johnson (R-Louisiana) is expected to pass it under a “suspension of rules.” Johnson has repeatedly used the suspension of […]
Senate Republicans hammer Biden’s $7.3 trillion budget request as ‘liberal wish list’
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