Tag: budget

SCIENCE – Facts & News Links

Trump calls for cutting National Science Foundation funding by $1 billion
President Trump on Monday called for cutting spending at the National Science Foundation (NSF), the government’s top funder of nonmedical research, by about $1 billion. The White House’s fiscal 2020
Trump’s Proposed 2020 Budget Takes Aim at Science (Again)
Even a quick and high-level look at the budget proposal demonstrates that the Trump administration is out of touch with the American people. The proposed cuts to science are shockingly short-sighted and would have long-term implications for our nation’s scientific enterprise.
Jim Bridenstine to Be Nominated by Trump to Lead NASA
The former Navy pilot is in his third term in Congress and would be the first elected official to serve as NASA administrator if confirmed by the Senate.
The battle over science in the Trump administration
President Donald Trump has made no secret of his desire to roll back environmental regulations and change the playing field for the fossil-fuel industry.
Another fox in the hen house - NOAA admin edition
So, the Washington Post’s Capital Weather Gang just tweeted out that Barry Myers — the CEO of Accuweather, is the front runner for NOAA Admin. To the uninitiated, that might not seem like a horrible choice — someone in the weather business running the...
National Weather Service Forecast: Cloudy, With A Chance Of Budget Cuts
The National Weather Service, already understaffed, would lose at least 200 positions in the White House’s proposed budget for fiscal year 2019.
Trump’s EPA dismisses half of the scientists on its advisory board
The Trump administration will not reappoint half the expert members of a board that advises the Environmental Protection Agency on the integrity of its science, the latest in a series of moves that could benefit industries whose pollution the government regulates.
Trump EPA Dismisses the People in Charge of Scientific Integrity – BillMoyers.com
In the latest blow to the integrity of the science used by government agencies, the Environmental Protection Agency (EPA) dismissed nearly all of the members of its Board of Scientific Advisors (BOSC) this week. The board, which reviews and advises EPA’s internal research departments on their scient…
Trump Budget Cuts
Four Earth-observing satellites are targeted for elimination in the president’s budget proposal

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Budget | Taxes – Facts & News Links

Disney Heiress Abigail Disney Says The Wealthy Don’t Need Another Tax Break
This Disney heiress wants to make sure the GOP doesn’t give 1%ers like her another big tax break they don’t need.
Report finds twice as many companies will pay zero in taxes this year
A new report, citing data from a left-leaning think tank, reveals that at least 60 companies avoided paying taxes this year as a result of the new tax law — a total that is about twice as many as previous years.
Broken promises, failed predictions pile up for Republican tax plan
I’m having trouble thinking of literally anything Republicans got right as part of the debate over their tax plan.
Pay is soaring for the wealthy. What about you? Elites are thriving under Trump
Investors and Wall Street traders are the prime beneficiaries of Trump’s economic policies so far.
Trump’s Tax Cuts in Hand, Companies Spend More on Themselves Than on Wages
The maneuver is good for companies’ stock prices, but it may not help the overall economy — undercutting a central goal of the tax cuts.
A Wealthy Capitalist on Why Money Doesn’t Trickle Down | BillMoyers.com
The fundamental law of capitalism is: When workers have more money, businesses have more customers.
Monthly deficit hits record high as government loses millions in revenue under GOP tax law
The federal deficit hit $234 billion in February, according to new data from the Treasury Department, an apparent record for a one-month time period.
Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up
The president thinks the balancing of the nation’s books is going to, ultimately, be a future president’s problem.
Expert who predicted 2008 crash concludes we are heading for ANOTHER financial MELTDOWN
THE WORLD is on the cusp of another financial crisis due to another developing housing market bubble, according to a financial expert who predicted the worst financial crisis since the Great Depression.
Hedge fund billionaire: 70% chance of recession before 2020 election
The roaring American economy is likely to sink into a recession prior to President Trump’s bid to get re-elected in 2020.
A Panel of 45 Economists Says Trump’s Tax Cuts Could Trigger a Recession By 2020
Why current trade policies could have a negative impact on the economy.
U.S. stocks post worst year in a decade as the S&P 500 falls more than 6 percent in 2018
The S&P 500 and Dow fell for the first time in three years, while the Nasdaq snapped a six-year winning streak.
Donald Trump Spreads Economic Fairy Dust
He’s pushing the same old failures of Reaganomics: tax cuts for the rich and deregulation, along with nostalgia for an industrial era long gone.
The theory behind Trump’s tax cuts is exactly what gave us the failed Bush economy
An influx of foreign hot money isn’t what we need.
Republicans like to pretend Bush’s tax cuts never happened
Donald Trump believes there hasn’t been a federal tax cut
Trump 2020 budget: Spending cuts and deficits
President Donald Trump delivered a 2020 budget to the Democratic-controlled House on Monday that cuts spending nearly across the board yet still isn’t projected to balance for 15 years, even with ambitious economic growth forecasts.
Corporate Tax Cuts Don’t Create Jobs, They Enrich CEOs
A new study provides galling examples of this trend.
Opinion | Tax Cuts for the Rich by Another Name
A plan Republicans say will help small businesses would really benefit hedge fund managers and real estate developers.
Tax cut fever: Republican trickle-down theory is lies
I helped create the conservative gospel of slashing taxes. But virtually everything Republicans say about taxes today is hogwash.

Tax Reform = Trickle Down Economics = Proven Failure

The 'trickle down theory' is dead wrong
The economic theory that wealth trickles down from the rich to the poor is dead wrong, according to new research from the International Monetary Fund.
Trickle-down economics is the greatest broken promise of our lifetime | Alex Andreou
Alex Andreou: The richest 85 people in the world have as much wealth as the poorest 3.5bn. That should be a wake-up call to the deepest sleepers