![]() Trump’s Justice Department had pursued what appears to be a national security leak investigation that aimed to sweep up tens of thousands of a CNN reporter’s email logs, as well as phone records, from 2017.ĬNN lawyer on gag order: I don't know what the government wanted This story comes on top of recent revelations that this spring, the Justice Department notified reporters at CNN, The Washington Post and The New York Times that records had been seized in different investigations. The administration was consumed with discovering the sources of leaks that the media was reporting on about contacts between associates of Trump and Russia. According to the New York Times, prosecutors in the Justice Department obtained, via subpoena from Apple, information from the accounts of at least two members of the House Intelligence Committee–Representatives Adam Schiff of California and Eric Swalwell of California– and also looked into the metadata of their aides and family members (including at least one minor). The stimulus was implemented in April when the unemployment rate was 14.7% and when retail sales has plunged by nearly 25% since March.It looks like former President Donald Trump was willing to go even further than we knew in his war against leaks. While these stimulus bills added $3 trillion to the 2020 deficit which was projected to be $1 trillion before the virus, the stimulus worked exceptionally well. If the businesses remained opened, the loan turned into a grant which did not have to be repaid. Trump arranged loans for nearly all businesses. In fact, more than two thirds of unemployed workers were receiving more money than they did when they were working. That resulted in most unemployed being made whole. Trump added $600 per week to that benefit. Unemployed workers collected an unemployment benefit from their state. For a family of four the stimulus was $3,400. Working with Congress, Trump crafted a stimulus package that gave virtually all Americans free money. Despite the government’s fiscal woes stimulus was needed. Businesses both large and small were on the verge of shutting for good. More than 22 million Americans lost their job in two months, as both service and manufacturing businesses shut down. The economy had to be shut down, plunging the country into recession. He already had the unemployment rate down to historic lows for nearly every demographic, meaning more Americans were working, supporting themselves and contributing tax dollars to pay for the government expenditures.īut then the Coronavirus struck. ![]() This year, Trump expected strong economic growth. The public debt ballooned to $23 trillion. But the huge increase in spending from the military and on the domestic side resulted in trillion-dollar deficits. In spite of what many people argue, the tax cut did not add one penny to the deficit since tax revenue increased after the tax cut in both 20. Because of the sequester, he had to agree to increases in domestic spending. That would require spending $750 billion per year for at least two years. Trump adopted the “peace through strength” philosophy. ![]() He then said the military must be rebuilt to be the strongest in the world. He then convinced Congress to cut tax rates for all Americans. Trump immediately reduced growth stifling regulations through executive orders. Trump also knew that a strong economy would make it easier to solve social problems.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |