GOP-led House 1,050-page Spending Package Approved: $13 Billion in earmarks.

Washington Democrats and Republicans are driving America headlong into a full-blown debasement of the U.S. Dollar – and an inevitable conversion to a Central Bank Digital Currency (CBDC) system.

Congress added $7.5 trillion to the debt over the last 2 years, according to The Heritage Foundation report. This comprehensive report exposes the historic spending spree from both parties in Congress, March 2020 – December 2022, has added a massive $7.464 trillion to the national debt (not counting accrued interest costs). Source: Fox News, Sep 21, 2023.

Congress’ latest spending package, approved by the GOP-led House of Representatives, covers six appropriation bills totaling $460 billion.

It also includes over 6,600 earmarks at a cost of $12.7 billion dollars.

See how your state’s Congressman voted here.

The U.S. Congress has no appetite whatsoever to change its’ free-wheeling ways.

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GOP-led House passes spending package to keep government open, includes $13 billion in earmarks

The spending bill passed 339-85 with more Democrats voting in favor of it than Republicans

By Nicholas Ballasy, Updated: March 6, 2024 10:35pm / Dig Deeper Excerpts:

The GOP-led House of Representatives on Wednesday passed a 1,050-page spending package that includes nearly $13 billion of earmarks, commonly referred to as “pork barrel” spending.

The bill passed 339-85 with more Democrats voting in favor of it than Republicans. In total, 207 Democrats and 132 Republicans voted yes. 

There are earmarks in the legislation sponsored by members of the Democrat and Republican parties. The spending package contains six appropriations bills totaling about $460 billion.

The first spending deadline in the temporary spending bill Congress passed last week is Friday, March 8. The appropriations bills in the new spending package would last for the rest of fiscal year 2024.

“One Republican Senator gets 8 earmarks in the omnibus today. No one voted to add these and no one gets to vote to take these out. We have gone backwards 14 years, to before the 2010 Tea Party wave,” Rep. Thomas Massie, R-K.Y., said in a post on X, formerly Twitter, referring to Sen. Lindsey Graham, R-S.C. “The swamp is back to buying Republican votes for the omnibus with earmarks.”

Sen. Rick Scott, R-Fla., wrote on his X account that the spending package is “packed with 6,600+ earmarks totaling $12.7 BILLION DOLLARS.”

“Skyrocketing inflation. Massive debt. But Washington keeps spending your money on stupid pet projects. NO MORE EARMARKS,” he wrote.

Sen. Rand Paul, R-K.Y., said it’s “disappointing that Republicans are going along with Democrats” in moving forward with the spending bill that has hundreds of earmarks.

“This is a real step backwards, and I will oppose it with every fiber of my being,”  Paul said.

Sen. Mike Lee, R-Utah, said there was “no way any mortal could actually vet all of the earmarks in the 48-hour time period they’ve given us so far.” 

“Earmarks are the corrupt currency of Congress. No self-respecting Republican should touch them,” he wrote.

Lee said Senate lawmakers can still request that their earmarks be stripped from the bill…

Sen. John Thune, R-S.D., has reportedly sponsored many earmarks in the spending package. Thune is running to replace Senate GOP Leader Mitch McConnell, R-K.Y., who is stepping down from his leadership role in November.

Lee called on Thune to request removal of the earmarks from the spending package. Thune’s office was not available for comment before press time.

Rep. Bob Good, R-Va., chairman of the House Freedom Caucus, argued that Congress “should not be giving $12.7 billion to Congressional pork projects when we are $34 trillion in debt.”…

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Congress is once again spinning its budget wheels, America is sinking ever deeper into its self-made cavernous debt hole, and the economy continues on in a sour skid.

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Congressional Leaders Announce Deal To Avert Shutdown

ZeroHedge, Feb 29, 2024 – Update (1748ET): Congressional leaders have reached an agreement to avert a government shutdown this week. Under the deal, six full bills will be extended which will cover the departments of Agriculture, Justice, Commerce, Energy, Interior, Transportation and Housing and Urban Development through March 8, while the remaining six annual funding bills covering the departments of Labor and Health and Human Services, the Pentagon and other offices will be covered through March 22.

So, more can-kicking.

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SuperCore Inflation Soars In January, Services Costs Re-Accelerate As Govt Handouts Spike

ZeroHedge, Feb 29, 2024 – biggest MoM rise in Services inflation ex-shelter since Dec 2021

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Pending Home Sales Puked In January, Back Near Record Lows

ZeroHedge, Feb 29, 2024 – ...and December’s ‘surprise’ surge was revised down large. 

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Survey-Based Sentiment Slump Continues As Prices Paid Accelerates in Plunging Chicago PMI

ZeroHedge, Feb 29, 2024 – …not exactly election-winning headlines.

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