Stimulus 3.0: Who’s Getting Paid and Who’s Paying Up?
On Wednesday, the U.S. House gave final approval to coronavirus stimulus bill 3.0. For those keeping score at home, that brings total stimulus spending approved during the pandemic to $5 trillion. So, what exactly is all of this money going to be spent on? And who is...
The Real Scandal of the Spending Bill
Last week Congress passed a massive coronavirus relief and omnibus spending bill. President Trump threatened to veto the bill, saying he wants an increase in the amount for “stimulus” checks authorized by the bill from 600 dollars to 2,000 dollars. The checks are...
Spending Your Future (And Your Children’s Too)
Welcome to your future. Your government is spending it right now. And your children’s and grandchildren’s future to boot. The US Treasury projected that it would borrow $2.99 trillion in the second quarter fo this year. The Trump administration also plans to borrow...