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Funding Sources

All articles tagged with #funding sources

Trump’s $5,000 dividend would not be funded by taxpayers, adviser says
politics1 month ago

Trump’s $5,000 dividend would not be funded by taxpayers, adviser says

Commerce Secretary Howard Lutnick asserted in NBC News that President Trump’s promised $5,000 checks for every American adult would not be paid with tax dollars, though White House aides have floated funding avenues such as tariff revenues or a reconciliation process. The debate over funding a massive payout comes as the federal debt surpasses $40 trillion and deficits run near $1.8 trillion, with economists skeptical about the plan’s practicality. The story also touches on related concerns like the CHIPS Act investments and energy/policy factors that shape inflation and pricing.

Hillsborough approves $2.3B Rays stadium deal, sealing Tampa Bay’s ballpark future
local1 month ago

Hillsborough approves $2.3B Rays stadium deal, sealing Tampa Bay’s ballpark future

Hillsborough County’s 5-2 vote approves the Tampa Bay Rays’ $2.3 billion stadium plan, a move that follows a 4-3 City Council approval and aims to anchor Major League Baseball in the region. The county’s $796 million share is funded by $360 million from the Community Investment Tax, $303 million from bonded Tourist Development Tax, a $103 million draw from the main county account, and $30 million from HUD disaster-relief funds; supporters call it a transformative investment, while critics label it an irresponsible use of taxpayer dollars.

Hamas's Resilient Funding Amidst War with Israel
conflictfinance2 years ago

Hamas's Resilient Funding Amidst War with Israel

Despite facing relentless Israeli attacks, Hamas is expected to have a significant war chest due to its resilient and diverse finances. The group has established investments and income sources in various countries, including small businesses and real estate. Hamas also relies on an informal network of donations and has been supported by Iran, with estimates of annual contributions ranging from $70 million to $100 million. Qatar has pledged significant funding to Gaza, and while the international community funds UNRWA, cutting off Hamas completely is unlikely. The future of Hamas' finances will depend on the resolution of the Gaza conflict and who takes charge of providing for the refugees in the territory.