Economy

IT BEGINS: Schumer Unveils Dems’ Massive $3.5 TRILLION Budget Framework

posted by Hannity Staff - 8.10.21

Senate Majority Leader Chuck Schumer unveiled the Democrats’ massive $3.5 trillion budget framework that provides new funds for fighting climate change, infrastructure, and expanding entitlement programs.

“When we took the majority in the Senate earlier this year, the American people entrusted us with a great responsibility: to make their lives better,” Schumer wrote in a letter to fellow Democrats. “I am happy to report that we are making great progress towards that goal.”

Schumer’s goal is for the Democrat-led committees to allocate money to specific targets by September 15th.

The proposal includes:

  • $726 Billion for Health, Labor, and Education Committee
  • $107 Billion for the Judiciary Committee
  • $135 Billion for the Committee on Agriculture Nutrition and Forestry
  • $332 Billion for the Banking Committee
  • $198 Billion for the Energy and Natural Resources Committee

“If our colleagues want to ram through yet another reckless tax and spending spree without our input, if they want all this spending and debt to be their signature legacy, they should leap at the chance to own every bit of it,” McConnell said in a speech on the Senate floor. “So let me make something perfectly clear: If they don’t need or want our input, they won’t get our help with the debt limit increase that these reckless plans will require.”

Read the full report here.

AMERICA RESPONDS: AOC Describes Coronavirus Relief Vote as ‘Literally a Hostage Situation’

posted by Hannity Staff - 3.27.20

Congresswoman Alexandria Ocasio-Cortez described Friday’s vote on the Coronavirus relief plan as a “hostage situation,” calling the legislation a gift to America’s biggest corporations and wealthiest residents.

“Each one of us takes this vote alone. This is not an easy position for anyone to take. It’s a tough position, because it’s literally a hostage situation,” said Ocasio-Cortez.

 

Ocasio-Cortez doubled-down on her fierce opposition to the Senate’s bipartisan Coronavirus relief package Friday; calling the legislation “shameful” and “crumbs” for American families.

“Our community’s reality is this country’s future if we don’t do anything. Hospital workers do not have protective equipment. We don’t have the necessary ventilators. We have to go into this vote eyes wide open,” said Rep. Ocasio-Cortez on the House Floor.

“Shameful! The greed of that fight is wrong, for crumbs for our families, and the option that we have is to let them suffer with nothing or to allow this greed and billions of dollars which will be leveraged into trillions of dollars!” she screamed.

Watch Rep. Ocasio-Cortez’ comments above.

ADD IT TO THE LIST: Fading Bernie Unveils His $2.5 TRILLION ‘Housing for All’ Plan, Calls for Tax Hikes

posted by Hannity Staff - 9.18.19

Fading Presidential hopeful Bernie Sanders unveiled his “Housing for All” plan Wednesday; calling for $2.5 trillion in new spending to expand government programs for low-income Americans.

“In the richest country in the history of the world, every American must have a safe, decent, accessible, and affordable home as a fundamental right,” writes Sanders. “For more than 40 years, we have had an affordable housing crisis in America that has only gotten worse. In America today, over 18 million families are paying more than 50 percent of their income on housing, while last year alone the five largest banks on Wall Street made a record-breaking $111 billion in profits.”

“If we are serious about addressing the affordable housing crisis, we need to build millions of apartments and homes throughout the country that will remain affordable in perpetuity to prevent displacement and serve future generations. And when we do that, we will create millions of good-paying jobs in the process,” adds Bernie.

The new proposal calls for $1.48 trillion to “build, rehabilitate, and preserve” affordable housing across the United States.

It calls for an additional $400 billion to construct 2 million new “units” and $500 million for “development in rural areas.”

Read Sanders’ full plan here.

Thank you for visiting Hannity.com. You are about to leave
Hannity.com and proceed to a site owned and operated by a third party.
Hannity.com has no control over the content of this third-party site.
Click OK to proceed.
OK
X
You may if you would no longer like to receive a newsletter.
You have been successfully unsubscribed!
Please see our Terms of Use and Privacy Notice .
If you have any questions or concerns please contact us.