Speaking Out for Louisiana Citizens

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Speaking Out for Louisiana Citizens

WATCH OUR ECONOMY

We get caught up in the news about politics but we should never lose sight of what is really going on with our taxpayer dollars in Washington. Congress left town for a few weeks to wrap up the year and they spent a lot of money that bears watching. Before departure, lawmakers spent $1.4 trillion in discretionary spending for the rest of the fiscal year with little debate or objection. A bipartisan deal on the budget was supposed to give Congress time to negotiate 12 individual spending bills, but, as usual they couldn’t agree so they piled it all into two bills, totaling 2,300 pages on Monday. A day later they added a list of tax subsidies and by Friday it was law. Congress can act real fast when it is greasing its own wheels.

The political secret of this bipartisan blow out was that Republicans get more money for defense spending and in return they gave Democrats more for social welfare. An $860 billion national security bill gave Trump $1.375 billion for his border wall despite Democrats vows that he’d get none and gave him modest flexibility in where the wall can be built. The White House also won $738 billion for defense, $22 billion more than last year and funding to create Mr. Trump’s Space Force.

 

 

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