federal budget Archives

Biden Proposes 4.6% Raise for Federal Employees, Military

February 10, 2022 Buck Banks

4.6%

“Federal employees and military service members would receive average raises of 4.6 percent next January under the budget President Biden will propose in March, marking what would be the workforce’s largest salary hike in two decades,” the Washington Post reports.

The GOP’s Newfound Fiscal Responsibility

March 11, 2021 Buck Banks

“This is about the Democrats don’t believe that deficits matter anymore. They’ve got control, so they’re going to spend as much money as they can.”

— Sen. John Kennedy (R-LA), suddenly concerned about deficits in an interview with The Hill.

— White House budget director Mick Mulvaney, quoted by Politico, explaining his change in position on federal budget deficits.

Repealing Obamacare Would Cost Government $137 Billion

June 22, 2015 Buck Banks

$137 billion

What repealing the Affordable Care Act would cost the U.S. government over the next decade, according to a new CBO report. “The new report is the first federal assessment since the main provisions of the law took effect in 2014. It found that repealing the health-care law would increase deficits by $353 billion over 10 years. But after taking into account economic factors, including slightly larger workforce participation that would result from repealing the law, that amount would fall to $137 billion. … The analysis also concluded that repealing the health-care law would increase the number of uninsured Americans by 19 million in 2016.”

Today, the Senate’s engaged in its budget vote-a-rama,
A most clamorous scene of high crimes and low drama.
They vote on amendments
Not understanding their contents,
But it still ain’t a budget ’til it’s approved by Obama.

Lew Welcomes Lack of Budget, Fiscal Drama

October 7, 2014October 7, 2014 Buck Banks

It was an undramatic day. We didn’t have a discussion about a government shutdown. You didn’t hear concerns about the U.S. defaulting on its debt. We need to have a sustained, long period where we take that drama out of it, because, frankly, it wasn’t good for the U.S. or the global economy.

— Treasury Secretary Jack Lew, noting that on Oct. 1, the beginning of the new fiscal year, there was little, if any, notable conversation about the nation’s deficit or debt, In The Loop reported.

Tag: federal budget

Biden Proposes 4.6% Raise for Federal Employees, Military

4.6%

“Federal employees and military service members would receive average raises of 4.6 percent next January under the budget President Biden will propose in March, marking what would be the workforce’s largest salary hike in two decades,” the Washington Post reports.

The GOP’s Newfound Fiscal Responsibility

“This is about the Democrats don’t believe that deficits matter anymore. They’ve got control, so they’re going to spend as much money as they can.”

— Sen. John Kennedy (R-LA), suddenly concerned about deficits in an interview with The Hill.

Mulvaney Has an Epiphany

“I’ve come to the realization that Washington is not going to solve the debt problem, the deficit problem, through spending.”

— White House budget director Mick Mulvaney, quoted by Politico, explaining his change in position on federal budget deficits.

Repealing Obamacare Would Cost Government $137 Billion

$137 billion

A Vote-a-Rama Drama

Lew Welcomes Lack of Budget, Fiscal Drama

It was an undramatic day. We didn’t have a discussion about a government shutdown. You didn’t hear concerns about the U.S. defaulting on its debt. We need to have a sustained, long period where we take that drama out of it, because, frankly, it wasn’t good for the U.S. or the global economy.

— Treasury Secretary Jack Lew, noting that on Oct. 1, the beginning of the new fiscal year, there was little, if any, notable conversation about the nation’s deficit or debt, In The Loop reported.

Poetic Justice

Verbatim

“Yes they can control the weather. It’s ridiculous for anyone to lie and say it can’t be done.”

— Rep. Marjorie Taylor Greene (R-GA), accusing Democrats of creating Hurricane Helene for political purposes.

“Liberty in Georgia includes in its meaning, in its protections, and in its bundle of rights the power of a woman to control her own body, to decide what happens to it and in it, and to reject state interference with her healthcare choices.”

— Fulton County Superior Court Judge Robert McBurney finding that Georgia’s six-week abortion law violates Georgia’s Constitution, reports the AP.

“Maybe we’ll pay off the $35 trillion US debt in crypto. I’ll write on a little piece of paper ‘$35 trillion crypto we have no debt.’ That’s what I like.”

— Donald Trump, floating a plan to address the federal budget deficit and demonstrating his deep understanding of the crypto marketplace.

“To my friends in Nebraska, that one electoral vote could be the difference between Harris being president and not, and she’s a disaster for Nebraska and the world.”

— Sen. Lindsey Graham (R-SC), quoted by Politico, on his trip to Nebraska to push for the state’s Republican leadership to change how it awards its electoral votes.

“I will if he does. That’s a trade-off I’d do.”

— George Clooney, on Jimmy Kimmel Live, responding to Donald Trump’s call for him “to get out of politics.”

Numerati

254,000

“The pace of hiring picked up strongly in September and the unemployment rate ticked down to 4.1%, signs the economy had continued momentum in a month the Federal Reserve delivered its first interest-rate cut in four years,” the Wall Street Journal reports.

49% to 44%

A new Susquehanna poll finds Kamala Harris leading Donald Trump nationally among likely voters, 49% to 44%.

40 trillion

$55 million

Kamala Harris raised about $55 million in high-dollar events in California this weekend, a haul that pads her financial advantage over Donald Trump, Bloomberg reports.

57%

A new NBC News poll finds about 57% of voters report feeling negatively about Project 2025, with 51% saying they see the proposal “very” negatively and another 7% saying they view it “somewhat” negatively. Just 4% of voters reported viewing the conservative policy plan positively.