Brand new economical year, new $1 trillion-plus omnibus bill

It’s the perfect time to figure out the numbers for the brand new monetary year, and Democratic senators have brought a $1 trillion omnibus investing bill on the floor which has Republicans seeing red, accounts College News. It’s nearly 2,000 pages long, which could discourage some from really reading everything inside. But what Senate Republicans found specifically shocking would be the 20,000-plus earmarks. What type of payday loan would the government have to take out to fund this program?.

The bill is omnibus

Sen. John Thune’s (R-S.D.) reply to the omnibus bill is indicative of the Republican party’s current stance on deficit spending. The bill has $1.27 trillion in it when Democrats explain that is what the federal government needs to run smoothly. Republicans think the bill shouldn't even need to be voted on which was stated by Sen. Thune who also said it is "reckless spending" if the bill goes through.

what you need to learn about omnibus

Pentagon would have $688 billion for spending with the bill, reports the Washington Post. The rest has been divided up as well. This includes $3.8 billion going to state and local police force agencies, $10 billion going to Border Patrol and $43 billion going to the Department of Homeland Security. About $25 billion would be set aside for financial aid which might be nice for college students.

$29 billion less than the president wanted

Amazingly, the omnibus is reportedly $29 billion lower that President Obama’s first request. The submitted omnibus plan would keep spending at the same level as the previous fiscal year, but experts with an eye toward austerity actions are waving red flags. Right now $13.8 trillion is what the national debt is at. The number is supposed to triple if austerity measures don't happen by 2035, which is just 25 years.

Both in the wrong without admitting it

It might be easy for concerned citizens to understand why massive increases in deficit spending will do nothing to bail the U.S. out of its debt, but based upon upon voting records, the Republicans who are complaining about the stratospheric number of earmarks within the omnibus spending bill are guilty of comparable mathematical lunacy. If the United States government goes bankrupt, not only will pork projects fall by the wayside, so will the last shred of respect the American people may have for their elected officials.

Articles cited

College News

collegenews.com/index.php?/article/1_trillion_omnibus_spending_bill_03245909876/

Republicans on the omnibus war path

youtube.com/watch?v=M1zW_2uvR1U