Trump’s Proposed Budget Includes Whopping $54 Billion Increase In Defense Spending

The proposed budget will also impose corresponding cuts to domestic programs and foreign aid.

Associated Press
By Associated Press
President Donald Trump smiles while speaking to a meeting of the National Governors Association, Monday, Feb. 27, 2017, at the White House in Washington. (AP/Evan Vucci)

WASHINGTON (REPORT) — The White House says President Donald Trump's upcoming budget will propose a whopping $54 billion increase in defense spending and impose corresponding cuts to domestic programs and foreign aid. The result is that Trump's initial budget wouldn't dent budget deficits projected to run about $500 billion. White House budget

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Trump Administration To Keep Entitlements, Obamacare Plan Unknown

While Obamacare has largely proved to be a disaster, the Medicaid expansion was a pretty solid success given its objectives: create greater access to health services and improve health outcomes-and its modest cost overruns.

Dan Wright
By Dan Wright
Reince Priebus, Chair of the Republican National Committee, right, speaks as President-elect Donald Trump gives his acceptance speech during his election night rally, Wednesday, Nov. 9, 2016, in New York. (AP/Julie Jacobson)

Published in partnership with Shadowproof. President-elect Donald Trump’s chief of staff Reince Priebus says there are no plans to cut Social Security or Medicare. This was Trump’s position throughout the Republican primaries and general election. But Priebus was less blunt on whether the expansion of Medicaid brought by the Affordable Care

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Will Trump Back Paul Ryan’s Plan To Destroy Medicare?

Trump’s populist economic message which included rolling back corporate trade agreements and preserving Social Security and Medicare, is at odds with one of Congress’ most important leaders, Speaker of the House Paul Ryan.

Dan Wright
By Dan Wright
A sign supporting Medicare is seen on Capitol Hill in Washington on Friday, Oct. 14, 2016. (AP/Jacquelyn Martin)

Published in partnership with Shadowproof. President-elect Donald Trump ran an unorthodox campaign both in the Republican primaries and general election. Though undeniably offering some rather common conservative views on social issues, Trump also offered voters a populist economic message which included rolling back corporate trade agreements

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Senator Tom Cotton Tries To Link Social Security To Drug Addiction

Published in partnership with ShadowProof. On Monday, the right-wing campaign to destroy the Social Security program took an odd turn when Republican US Senator Tom Cotton of Arkansas claimed the use of Social Security disability benefits was tied to drug addiction. In a speech before the Heritage Foundation, Senator Cotton took the standard conservative critique […]

Dan Wright
By Dan Wright
Sen. Tom Cotton, R-Ark. arrives to pose for photographers in his office on Capitol Hill in Washington, Wednesday, March 11, 2015. (AP Photo/Carolyn Kaster)

Published in partnership with ShadowProof. On Monday, the right-wing campaign to destroy the Social Security program took an odd turn when Republican US Senator Tom Cotton of Arkansas claimed the use of Social Security disability benefits was tied to drug addiction. In a speech before the Heritage Foundation, Senator Cotton took the standard

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Global 1% Own Half Of World’s Wealth, Social Security And Worker Pay Frozen

Published in partnership with Shadowproof. According to the 2015 wealth report by Credit Suisse, the global top wealth percentile now own half of all household assets in the world. The increased financialization of the world economy combined with political systems bent towards the wealthy has led to an incredibly unequal world where a relative handful of […]

Dan Wright
By Dan Wright

Published in partnership with Shadowproof. According to the 2015 wealth report by Credit Suisse, the global top wealth percentile now own half of all household assets in the world. The increased financialization of the world economy combined with political systems bent towards the wealthy has led to an incredibly unequal world where a relative

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Retirement Wave Could Mean Golden Years For Workers

Baby boomers are hitting their so-called “golden years,” starting a retirement wave across the U.S. workforce that neither individuals nor the government are prepared for.

Erik Hare
By Erik Hare
Janice Durflinger poses for a photo at her workplace in Lincoln, Neb., Wednesday, Aug. 1, 2012. Durflinger is still working at age 76, running computer software programs for a bank. Still, she worries that a higher retirement age would be tough on people with more physically demanding jobs. "No matter how much you exercise, age takes its toll," Durflinger said. (AP Photo/Nati Harnik)

While the idea of retirement may be appealing, especially with winter weather making for long commutes this year, an awful lot of workers are not on track to be able to retire. An annual survey conducted by the Employee Benefit Research Institute found that only 18 percent of respondents are “very confident” that they’ll have enough for retirement

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