Page 37 - 68 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sight for the current supply chain crisis that has been eating into your wallets, but the infrastructure plan could go a long way to stopping the next one. joining me right now to discuss is democratic congressman david scott, chairman of the house agriculture committee. so good to see you, congressman. so millions of families right now are struggling. in what ways do you believe americans will feel or see relief coming from this plan? >> well, they will see some immediate relief in terms of jobs. in our rural communities, we were able to get $68 billion in to finally bring rural broadband to ...

Flew quietly under the radar like an f-32 stealth bomber when it works. it authorized $740 billion for the defense department. $768 billion total. president biden submitted a $715 billion budget to congress for the defense department to which members of both parties said as if and just threw in $25 billion extra that they found under the couch cushions presumably. yeah, in a supposedly divided congress, they gave bipartisan support to spend more money on bombs and bullets, humvees and fighter jets. look at the future projection on this graph. defense spending goes up in the ten years from 2025...

I'm mehdi hasan. september was supposed to be the month in which congress passed hundreds of billions of dollars in new spending and guess what? the house did. by a vote of 316-113. now you might be scratching your head and saying didn't the bipartisan infrastructure bill fail to come to a vote on thursday night? isn't the budget reconciliation bill nowhere near ready for a vote? you're right on both counts. i'm not talking about those bills. i'm talking about a bill that flew quietly under the radar in the house like a stealth bomber on the occasions in which it actually works. a bill which a...

Grants, paid maternity leave, expanding the child tax credit. progressives want to spend $3.5 trillion. manchin's top line, he says -- and it's been for a while -- 1.5, right? >> yeah. >> what's likely to make it into the final bill, and how much do you think? >> look, i think you got to go back to what harwood was saying a minute ago. there are going to be ways to figure out how to limit this, whether by means testing or by some kind of date of expiration. they're obviously not going to get $3.5 trillion worth of stuff. they're going to have to figure out how to pick and choose what they're g...

$3.5 trillion over ten years, right? i need to put that into context. $350.01 year for ten years. depending on budget this year, $768 billion. do that over ten years, $7 trillion. let's just contextualize in the scale of the whole economy we're talking about. that's the important part. >> meaning? >> meaning we have capacity. we have capacity to do. this let's look at what the borrowing situation is going to be, if the government can figure out the debt limit, which is probably a thing you and i ought to spend time on before i get out of here. the government can borrow. interest rates are low,...