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Tuesday, July 21, 2026

Tag: spending
August 28, 2024
Jack Montgomery
Economy
Immigration

This Sanctuary State Just Blew a BILLION Dollars on ‘Secret’ Migrant Spending.

Republicans have formally requested information from the Massachusetts state government regarding $1 billion in expenditures on the migrant crisis. The Massachusetts Republican Party has called upon Governor Maura Healey’s administration to provide a comprehensive cost breakdown detailing the financial impact on state residents.

“The Healey-Driscoll Administration has shrouded nearly $1 billion spent in secrecy, leaving Massachusetts residents in the dark,” complains state party chairwoman Amy Carnevale. “They have withheld critical information on 600 incidents involving police, fire, and EMT. Blocking journalists at every turn, the administration has obstructed the flow of information to the public.”

Carnevale has filed a Freedom of Information Act (FOIA) request seeking detailed information on the allocation of funds for migrants. The request demands the names of government and private entities involved in providing housing, the specific locations of migrant housing, correspondences related to public safety issues, and relevant police or incident reports.

The request follows a report by the Center for Immigration Studies (CIS) highlighting the strain on state resources due to the increasing number of migrants. CIS projects costs potentially reaching $1.8 billion over the next two years, with the state already spending over $1 billion on its Emergency Assistance shelter program.

BURDENS. 

In addition to the immediate costs of housing migrants, the CIS report identifies other financial burdens in terms of providing education, social services, healthcare, and public safety. The report estimates that around 355,000 migrants currently reside in Massachusetts.

Whistleblowers have previously revealed how migrants put up in Massachusetts hotels and motels receive “free diapers, wipes, toiletries, free tablets and phones, free English lessons, state caseworkers making sure all entitlements are taken, free Uber and Lyft rides, [and] free bus passes,” among other benefits.

“They all have MassHealth, free legal services, free tax-filing services,” the whistleblower said, adding that the hotel where they operated saw “daily” police and fire department callouts to deal “with fights, guns, drugs, [and] overdoses.”

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Republicans have formally requested information from the Massachusetts state government regarding $1 billion in expenditures on the migrant crisis. The Massachusetts Republican Party has called upon Governor Maura Healey’s administration to provide a comprehensive cost breakdown detailing the financial impact on state residents. show more
May 3, 2024
William Upton
Economy

WATCH: Biden’s Top Economic Advisor Doesn’t Know How The Fed, Treasury, And National Debt Work.

Jared Bernstein, chairman of Joe Biden‘s Council of Economic Advisers, appears to be utterly ignorant of how the Federal Reserve and U.S. Treasury Department work together to impact the country’s macroeconomic conditions. In an interview in a new documentary discussing Modern Monetary Theory, Bernstein struggles to describe how the U.S. government increases or decreases the monetary supply by purchasing or redeeming Treasury securities — and how this impacts the national debt.

“The government definitely prints money. And it definitely lends that money, which is why, um, the government definitely prints money,” Bernstein says, stumbling over a primary function and interplay between the Treasury and Federal Reserve. He continues, questioning the accuracy of his understanding: “And then it lends that money by selling bonds. Uh, is that what they do?”

“They, they, um, they, yeah, they, um, they sell bonds, yeah they sell bonds,” Bernstein continues, still struggling to articulate how U.S. monetary policy functions. He adds: “They sell bonds, and people buy the bonds and lend them the money.”

In reality, the U.S. Treasury Department auctions bonds and other securities to the Federal Reserve, foreign nations, American citizens, and other government agencies to cover federal spending that exceeds tax receipts and other government revenues. Regarding the Federal Reserve specifically, the Treasury prints U.S. currency for the central bank — selling it to them at cost. The currency is then distributed by the Federal Reserve to various banks and financial institutions or sold back to the Treasury through securities auctions.

The government does not generally lend money; this is the purview of the Federal Reserve. Bernstein, however, is at least partially correct that individuals and institutions who purchase Treasury bonds are lending the federal government money.

WATCH:

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Jared Bernstein, chairman of Joe Biden's Council of Economic Advisers, appears to be utterly ignorant of how the Federal Reserve and U.S. Treasury Department work together to impact the country's macroeconomic conditions. In an interview in a new documentary discussing Modern Monetary Theory, Bernstein struggles to describe how the U.S. government increases or decreases the monetary supply by purchasing or redeeming Treasury securities — and how this impacts the national debt. show more
October 16, 2023
Jack Montgomery
News
Politics
World

Trump: Zelensky Shaking Down Biden is ‘Like Taking Candy from a Baby’.

Ukrainian leader Volodymyr Zelensky is squeezing the American taxpayer and European Union governments are skipping out on paying their fair share because Joe Biden lacks the wits to put America first, Donald Trump told The National Pulse editor-in-chief Raheem Kassam.

“I think these are the dumbest people I’ve ever seen,” the former president said of Biden and the people who run his government in an exclusive interview.

“I just watched him today with Zelensky, handing over money, money, just like nothing; like taking candy from a baby,” he lamented.

“Look, I feel very badly for the Ukrainian people,” Trump stressed. “Here’s the problem: Europe isn’t paying their share. Europe’s in for 25 billion, and we’re in for 200 billion,” he explained, likening the issue to the one he dealt with regarding NATO during his presidency.

“In NATO, they weren’t paying up. Twenty-eight countries, and almost all of them were not paid up; they owed hundreds of billions of dollars and we were spending three times, four times than we were supposed to just keeping it together for them – and then they took advantage of us on trade on top of everything else,” Trump said.

“I said listen, if you don’t pay, we’re not going to defend you any longer… I said if you’re not paid up, if you’re delinquent, which you are right now, that means if you get attacked we’re not going to do any defense of you. The money poured in like you wouldn’t believe,” he recalled.

“The [NATO] Secretary-General, [Jens] Stoltenberg, said he’s never seen anything like it… Obama would come, make a speech and leave, Bush would come, make a speech and leave, Trump would come and say what’s wrong with your books here? Nobody’s paying.”

Trump said the Europeans could not be blamed for letting America do all the heavy lifting, however, as America under Biden has proved so willing to be taken advantage of: “They’re saying, why should we do it when the stupid leaders of the United States are doing it? I would say the same thing: If you don’t have to do it, you don’t have to do it,” he said, analyzing the Europeans’ minimum-effort attitude with a businessman’s eye.

He vowed there would be equalization when he returns to the White House, however, with Europe told in no uncertain terms that any future payments would have to be “at least” 50-50.

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Ukrainian leader Volodymyr Zelensky is squeezing the American taxpayer and European Union governments are skipping out on paying their fair share because Joe Biden lacks the wits to put America first, Donald Trump told The National Pulse editor-in-chief Raheem Kassam. show more
October 2, 2023
Jack Montgomery
News
Politics
World

Pentagon Begs Congress for MORE Ukraine Cash as Biden Warns of ‘Urgency’. 

Joe Biden and his Pentagon are both warning and begging the U.S. Congress over the stream of arms and financial support for the Ukrainian war machine, with the President insisting that U.S. aid “cannot under any circumstance” be interrupted. The Pentagon has admitted that the U.S. has “completely run out of long-term funding for Kyiv through the Ukraine Security Assistance Initiative, which provides money to contract for future weapons.”

“We have already been forced to slow down the replenishment of our own forces to hedge against an uncertain funding future,” said Pentagon Comptroller Michael McCord. “Failure to replenish our military services on a timely basis could harm our military’s readiness.”

“The vast majority of both parties – Democrats and Republicans, Senate and House – support helping Ukraine and the brutal aggression that is being thrust upon them by Russia,” Biden himself insisted this weekend. “We have time, not much time, and there’s an overwhelming sense of urgency.”

Further aid for Ukraine may struggle to pass the House of Representatives, where America First conservatives appear unwilling to agree to send further assistance to the Eastern European country as part of any deal Speaker Kevin McCarthy may broker with House Democrats, especially while the southern border remains unprotected.

It has been revealed that U.S. aid for Ukraine is being used not only for humanitarian and military purposes, but to prop up the Ukrainian economy more generally, with Americans funding the salaries of almost 60,000 public officials, subsidizing Ukrainian businesses, and purchasing seed and fertilizer for Ukrainian commerical farmers.

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Joe Biden and his Pentagon are both warning and begging the U.S. Congress over the stream of arms and financial support for the Ukrainian war machine, with the President insisting that U.S. aid "cannot under any circumstance" be interrupted. The Pentagon has admitted that the U.S. has "completely run out of long-term funding for Kyiv through the Ukraine Security Assistance Initiative, which provides money to contract for future weapons." show more
shutdown
September 22, 2023
News
Politics

House Breaks for Weekend as Defense Bill Fails, Shutdown Looms.

The House of Representatives will be adjourned for the next four days after House Speaker Kevin McCarthy’s attempt to pass a defense spending bill failed on Thursday. With Congress expected to return on Tuesday and only five days left to avoid a partial government shutdown, many in Washington now see one as inevitable.

McCarthy had expressed optimism earlier in the day about reaching a breakthrough on a stopgap spending measure, but a test vote on a $886 billion defense appropriations measure failed 216-212. Six Republicans joined with 210 Democrats to defeat the vote.

The Republican dissidents, led by Rep. Matt Gaetz, have been pushing for progress on separate appropriations bills before supporting any stopgap measure, and have been highly critical of McCarthy’s “pathetic” and “low energy” approach.

Former president Donald Trump has also weighed in, calling on Republicans to “defund all aspects of Crooked Joe Biden’s weaponized Government.”

House Democrats oppose the defense bill due to provisions including scrapping Critical Race Theory (CRT) training, abolishing the post of Chief Diversity Officer at the Defense Department, and banning drag shows at military sites.

The Senate, where the Democrats are in control, is yet to pass any appropriations bills, and disagrees with the House on top-line spending levels.

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The House of Representatives will be adjourned for the next four days after House Speaker Kevin McCarthy's attempt to pass a defense spending bill failed on Thursday. With Congress expected to return on Tuesday and only five days left to avoid a partial government shutdown, many in Washington now see one as inevitable. show more
deficit
August 11, 2023
William Upton
Economy
News

Biden More Than Doubles U.S. Deficit in 2023… and the Fiscal Year Isn’t Over Yet!

The United States budget deficit has doubled under President Joe Biden; hitting $1.6 trillion in the first 10 months of the fiscal year. The continued deterioration of the fiscal state of the U.S. is another blow to Bidenomics, the set of economic agenda items that the Biden White House has pinned their re-election hopes on.

In a thread on X (formerly Twitter), economist EJ Antoni explained that the U.S. Treasury “…continues hemorrhaging cash as spending balloons, receipts fall; deficit and interest on the debt keep rising.” Antoni noted net interest payments on the U.S. debt exceeded spending on national defense, medicare, veterans benefits and services, and transportation. 

Even more concerning is that the Fiscal-Year-To-Date’s deficit is already $238 billion above the last Fiscal Year’s entire deficit. There are still two months remaining in the current Fiscal Year.

The negative news on the U.S. deficit only darkens the storm clouds over the U.S. economy. The July Consumer Price Index numbers signaled a re-acceleration in inflation – despite many in the mainstream media claiming that the inflation crisis was over. In response to the re-acceleration of inflation in July, Antoni stated:

The CPI has risen so much faster than wages under Biden that the average American worker effectively paid a $4.62 an hour inflation tax in July. And yet, many components of the CPI are understating the realities faced by Americans, including housing. The monthly payment on a median price home today is twice what it was in January 2021.

Last wee, Fitch Ratings downgraded U.S. government debt from AAA to AA+ and projected the American economy would enter into a recession in late 2023 or early 2024.

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The United States budget deficit has doubled under President Joe Biden; hitting $1.6 trillion in the first 10 months of the fiscal year. The continued deterioration of the fiscal state of the U.S. is another blow to Bidenomics, the set of economic agenda items that the Biden White House has pinned their re-election hopes on. show more
shutdown
July 26, 2023
Jake Welch
Economy
News
Politics

A U.S. Government Shutdown Looms.

Members of both political parties anticipate a federal government shutdown as early as September over the U.S. government’s budget for 2024. The GOP is proposing a number of new bills that would slash the federal budget by up to $115 billion, returning government spending to its 2022 levels. Democrats, however, are already making it clear that they would reject any attempts to cut government spending.

Negotiators from both parties are increasingly incapable of finding a consensus over the Appropriations bill, which is responsible for funding the Education Department, the Labor Department, the Department of Health, and more. Republicans are also pushing to cut funding to other agencies, including the Consumer Product Safety Commission and the Securities and Exchange Commission.

Leading Democrats are explicit in their willingness to shut the government down in response to Republican spending plans. Democratic Chair of the Senate Veterans’ Affairs Committee and Senator from Montana, Jon Tester, recently stated: “If you want to shut down, we will shut down. If they want to get the bills done, we’ll get the bills done.”

A government shutdown could disrupt the working schedules of up to 800,000 federal workers and potentially have wider ramifications for the U.S. economy, interfering with important federal services, such as food safety inspections and the Internal Revenue Service.

Notably, a survey from Rasmussen Reports found the majority of Americans would prefer a government shutdown to cut federal spending than avoiding a government shutdown to authorize higher federal expenditure.

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Members of both political parties anticipate a federal government shutdown as early as September over the U.S. government's budget for 2024. The GOP is proposing a number of new bills that would slash the federal budget by up to $115 billion, returning government spending to its 2022 levels. Democrats, however, are already making it clear that they would reject any attempts to cut government spending. show more