Tag

Taxpayer

All articles tagged with #taxpayer

politics27 days ago•1 min saved

GOP Proposes $1B Taxpayer Bailout for Trump's White House Ballroom

Senate Republicans, led by Chuck Grassley, propose steering about $1 billion in taxpayer funds toward security upgrades for the White House perimeter to support Trump’s East Wing modernization/ballroom project, tucked into a broader bill on immigration enforcement; the piece argues this would use public money to back a Trump project and highlights ethics concerns over undisclosed corporate donations, while noting Tennessee’s new congressional map and its potential political fallout.

via The Bulwark|

#funding #gop #politics

politics1 month ago•16 min saved

Trump weighs taxpayer-backed Spirit Airlines takeover for later resale

President Donald Trump is considering a government-backed purchase of Spirit Airlines with the aim of selling the carrier later, according to AP News. The plan would involve using taxpayer funds to acquire Spirit and then divest it, though details and authorization are not finalized.

via AP News|

#airlines #nationalization #politics

politics2 years ago•4 min saved

"2023 Tax Return Tips: Navigating New Child Tax Credits and Political Alliances"

House Republicans passed legislation last year making modest changes to work requirements for certain government programs, but a recent tax package agreement could effectively undo that progress by expanding the welfare state through changes to the child subsidy program. The legislation increases the refundable portion of the subsidy, indexes it to inflation, adjusts the structure to allow for lower earnings, and weakens the earnings requirement, potentially leading to more families on government rolls than in work. In exchange for this expansion, Republicans achieved the extension of some corporate tax breaks, which some view as corporate welfare.

via The Federalist|

#cares-act #child-subsidies #corporate-welfare