The Spending Bill Charade

The tax bill is all about cutting income to the federal government and over a 10-year period the top one percent are going to gain five trillion dollars. The bottom 99 percent are going to lose three and a half trillion dollars. And the remaining one and a half trillion dollars will be added to the national debt.

Also, we can give a five trillion dollar tax cut - they keep characterizing it as a one and a half trillion dollar tax cut: no that's just the amount added to the debt - when you add the amount that they're taking away from people who make less than a million dollars a year and giving to people who make more than a million dollars a year, it's a five trillion dollar tax cut.

Now, that's the tax cut. That doesn't deal with spending.

The Constitution is very clear that only Congress can appropriate, only Congress can lay taxes, only Congress can appropriate funds to be spent. The spending of them is done by the Executive Branch but the appropriation of those funds, the gathering of the money, the authorization of the money, the handing the money over to the Executive Branch so that they can spend it, that all happens within Congress.

And so Congress has to come up with a spending bill and they don't have one. They've been operating under continuing resolutions for years. Basically all a continuing resolution says is, you know whatever we did last year, we're going to do the same thing this year.

And the problem with that is it doesn't adjust things to inflation at all. It's not even as bad as the CPI that the Republicans are going to use to calculate your future taxes, to move working class people, middle class people, into higher tax brackets more rapidly. Keep in mind, the very rich are already at the highest tax bracket, they don't care about bracket creep. They don't care about inflation. All they care about is their taxes going away.

So there's that. And so House Republican leaders now they have to come up with a way to spend the money that they are raising through taxes or that, in this case, they're not raising through taxes. They want to raise the spending on the Defense Department to 650 trillion dollars. Keep in mind, just a few years ago it was only 500 trillion dollars. You know, we spend more than the rest of the world pretty much combined on this stuff. It is nuts. It's just plain old flat-out nuts what's going on. And how just crazed it is.

And this whole tax deal, Senate Minority Leader Chuck Schumer made the ultimate statement. He says he calls this:

"a spectacle, a charade, a sop to some militant, hard-right people who don't want the government to spend money on almost anything."

And this is the spending bill, not the taxation bill, right.

They are going to need this and the Democrats are saying, "we're not going to vote for your damn spending bill." See it's, going to take 60 votes to get it through the Senate. You can't do a spending bill - well, you could do a spending bill via reconciliation - but now that the Republicans have cut so much money, so much income out of the federal budget like by cutting taxes on billionaires and corporations, now that they've done that, they're going to have a real serious problem passing a spending bill without 60 votes because it's going to further add to the debt.

And what that means, if they don't pass a spending bill and they don't pass a continuing resolution, right now we're operating under a continuing resolution that takes us to December 19th which is today, and then they want to extend this. They're talking about extending it maybe to January 19th for another month but they're talking about extending the Pentagon portion of it, the 650 billion dollars they want to give away to the Pentagon, the home of fraud and waste, the home of 2 trillion dollars that has never been accounted for, the group that flew pallets of hundred dollar bills - six billion dollars worth, enough to be seen from outer space - over to Iraq and then just handed them out.

They want to give that spending increase to the Pentagon for a full year while spending whatever increases for all the rest of it, not so much.

Comments

Raypc800 1 year 30 weeks ago
#1

Could this be the last seed to be planted by the GOP that will grow into a REVOLUTION in the USA? Makes one wonder does it not?

Just how much burden is the Average American suppose to take before they say enough?

Arrgy's picture
Arrgy 1 year 30 weeks ago
#2

If we aren't going to have an open war on Reaganomics, then there is no reason to have any hope.

Oldskoold's picture
Oldskoold 1 year 30 weeks ago
#3

Yep; they just keep on keeping on, the "goading" to try to get some violent response from progressives. All their "blinded" sympathizers/supporters (hard right "Shira-christian" fundamentalist that most have their own Madrasa's in the name of Christian schools) are so fervently wishing for Armaggedon they aren't even looking at what the tax scam is going to do to them. The Republik cons are banking on using martial law to unleash their shira-christian soldiers on us, if and when something does happen. They are already preaching this civil war crap on right wing outlets. Guess we will have to use lamb's blood to mark our doors with a big T for Trump; to get passed over......What fools. The Pied Piper is leading them off the cliff!

Legend 1 year 30 weeks ago
#4

Nope, There are still way too many brainwashed idiots out there. Dianereynolds and )U812 are examples. The mainstream media is way to right. Just the other day I heard that a local TV station is being bought by Sinclair Broadcasting, an ultra right wing broadcaster.

https://en.wikipedia.org/wiki/Sinclair_Broadcast_Group

They now have, with this tax cut a lot more to spend and they expect a huge amount on their Return On Investment (ROI). Oligarchy, Fascism pick your choice. The normal person is screwed.

Oldskoold's picture
Oldskoold 1 year 30 weeks ago
#5

So; we're done? Even without a fight? Paper houses they reside in, even if it is a gated community which is where most stay. But I'd hazzard a guess that most all have bunkers. Should that be the situation that your survival was dependant; they would become "Rats in a barrell" of sorts wouldnt they? Find the (well); I'll quit now...... Ventallation too!

2950-10K's picture
2950-10K 1 year 30 weeks ago
#6

Polls indicate the tax scam overreach is severe, only about 30% are in favor of it. I'm willing to bet that same 30% has no idea Ryan and McConnell are about to use the massive revenue loss, "transfer to billionaires," as justification to cut their Social Security, Medicaid, and Medicare. Actually PAYGO will be a default start for their savage assault. The Kochs are about to get their Libertarian/Fascist wet dream come true with this bill.....Old Geezer Scrooge Nuts on anabolic steroids.

Here's a good example of that same 30%: Obama was at a town hall reading a woman's question/comment, went like this... "I don't want stinking government- run healthcare. I don't want socialized medicine, and don't touch my Medicare." Hey Legend, do you think that woman was Diane, or maybe Bachmann? LMAO

My point is, the Kochbagger Party is in big trouble with this overreach, even foxaganda won't be able to shift the blame away from the party in control of all branches right now. The 30% will finally know what suckers they have been...most of them anyway.

I wonder if when Sheep's Clothing Collins, Kochboy Ryan, Anti-american McConnell, Kickback Corker, and the rest of the Koch Party sidewinders go to bed on Christmas Eve..they all pray for forgiveness?

Hephaestus's picture
Hephaestus 1 year 30 weeks ago
#7

Where is the Leader?

Said this before

There will be no action without a Leader

Every revolution that occurred throughout history had a leader... always!

I don't think we have such a person at this point

Riverplunge's picture
Riverplunge 1 year 30 weeks ago
#8

How come no one says anything about voting these people out? Even the Republicans have had it with these clowns..

Legend 1 year 30 weeks ago
#9

Greed is their downfall.

deepspace's picture
deepspace 1 year 30 weeks ago
#10

Greed and lies. And arrogance.

Willie W's picture
Willie W 1 year 30 weeks ago
#11

Democrats don't want to win this. However, they do want to look like they're trying. Thom's perspective on what's going on would provide overwhelming ammunition to wage a serious battle. And yet, everyone focuses on what is, and not on what's to be. Speculation is Trump's greatest weapon, and no one seems willing to fight fire with fire.

Howard Laverne Stewart's picture
Howard Laverne ... 1 year 30 weeks ago
#12

Election Day would be the best day for a protest against
VOTER SUPPRESSION.

Dianereynolds's picture
Dianereynolds 1 year 30 weeks ago
#13

If the Republican tax bill is really the horror story the malcontent lefties are declaring it to be, why the hell would they spend all the thousands of hours screeching and squawking like angry howler monkeys. I would think it would be more prudent to shut their pie hole and let this piece of legislation destroy the Republican majorities in congress come election time.

or,

Is the Democrat party is scared shitless the Republican tax bill will prove to be popular?

Quiet logic has never been a leftie/socialist trait.

Ou812's picture
Ou812 1 year 30 weeks ago
#14

@13 Diane:

You've nailed it. Even the left leaning NY Times says the tax bill ( soon to be tax law) will benefit 75% of Americans. It's hard for the washed up lefties to argue their abstract and just plain weird theories, when citizens are receiving larger tax refunds.

geohorse's picture
geohorse 1 year 30 weeks ago
#15

What we really need to know is when the economy hits the big wall again created by the GOP and their henchmen. Prepping for the next depression is paramount in our mind. We though Bush/Cheney had killed the golden goose that propped them up but despite no help Obama managed to get it up and eating again.

Legend 1 year 30 weeks ago
#16

Diane and OU812 I have a bridge that I have for sale. Interested?

https://www.yahoo.com/news/trump-promised-tax-cut-aimed-001630669.html

Dianereynolds's picture
Dianereynolds 1 year 30 weeks ago
#17

@#16

Rick Steves,

As usual you missed the entire point of my post. Go back to fretting over anyone who has more money than you.

Merry Christmas,

and thank you Al Gore

stonesphear's picture
stonesphear 1 year 30 weeks ago
#18

Providing tax incentive at the same time you deregulate industry ?

Rather than promote integrity , greed is incentivized.

dcowdrey's picture
dcowdrey 1 year 30 weeks ago
#19

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Georgia; color: #444444; -webkit-text-stroke: #444444}
span.s1 {font-kerning: none}

Republican tax bill is the crime of the century. Self dealing, extortion, racketeering, rampant corruption and pretext to destroy American middle class and pillage planet earth.When does corrupt self dealing pretext legislation acquire mens rea to become indictable as a felony?

Dianereynolds's picture
Dianereynolds 1 year 30 weeks ago
#20

Tax reform, passed. Commence the hyperventilating....

Ou812's picture
Ou812 1 year 30 weeks ago
#21

@16 Legend:

How's that resistance working out for you? Nothing from you washed up lefties but complaints that those with more than you ( which is everyone else in the country) are getting more than you. What do you expect. You call everyone names, cuss us, try too belittle us and where suppose to smile and take care of you. Paybacks are a bitch :):)

https://www.nytimes.com/interactive/2017/12/17/upshot/tax-calculator.html?em_pos=small&emc=edit_up_20171218&nl=upshot&nl_art=0&nlid=73512451&ref=headline&te=1

growin's picture
growin 1 year 30 weeks ago
#22

Thom, I found this interview by Bill Moyers to be very interesting. The playwright, Ayad Akhtar, discusses how we have monetized everything we do, how we no longer have a society but instead a marketplace. http://billmoyers.com/story/everything-thats-tied-coming-loose/

jefflisse's picture
jefflisse 1 year 30 weeks ago
#23

@Ou812
Nobody needs to "belittle you. Your profile picture does a really good job of that all on its own...

Ou812's picture
Ou812 1 year 30 weeks ago
#24

@23 lisse:

I see. I bet you judge people by skin color too.

deepspace's picture
deepspace 1 year 30 weeks ago
#25

Diane Chelsea Clinton Reynolds in post #13 has once more revealed a shallow mind out of its depth. She puts party over country and therefore assumes everyone else must do the same. This she calls "prudent."

She also assumes that the majority of Americans are as susceptible to Republicans' twisted truths and outright lies as their minority base and that their latest tax/spending scam, which by all measures -- according to every nonpartisan analysis -- redistributes trillions of dollars over a ten-year period from the poor and middle-class to the greediest of the greedy, will somehow "prove to be popular."

If the last Republican deficit-busting tax giveaway to their wealthy donors during the Dubya Bush age of enlightenment is any indication, which led directly to the Great Republican Recession, as greed-mongers poured their undeserved windfalls into the unregulated shadow banking system -- a wild-west casino using OPM (other people's money) -- rather than investing back into the real economy, this repeat of the same folly will be about as popular as bleeding hemorrhoids. So far, the latest polling averages prove it's only popular with less than 30% of Americans -- the same corporate-news junkies tricked into voting for the Trump clown show.

Similarly, Michele Bachmann, knobbing her/his phallic symbol, is still pleading to be taken seriously. A few threads ago or so, she/he even had the audacity to congratulate HotCoffee for getting though one of her own anti-Democratic Party screeds without gratuitous name-calling. And then there's post #'s 14, 21, and 24 above, which are absolutely typical of his/her schoolyard taunts coupled to skimpy posts lacking credibility and substance.

"Have you no sense of decency?"

Legend 1 year 30 weeks ago
#26

#21 OU812. Quote "You call everyone names, cuss us, try too belittle us and where suppose to smile and take care of you."

Care to show me any of that? Totally false posting.

jefflisse's picture
jefflisse 1 year 30 weeks ago
#27

OU812 #21

Maybe you should grammar check your comments?!? Where... Or did you mean we're? Too... Or did you mean to? Hmmm, if "where" ever "too" take you serious! Just another fox propaganda troll...

deepspace's picture
deepspace 1 year 30 weeks ago
#28

...And she/he brags about being a public school teacher. Scary for the students. :)---

2950-10K's picture
2950-10K 1 year 30 weeks ago
#29

Diane and Bachmann: Do you two really live in a locked closet with foxaganda as your only stimuli? Ask a Kansassastan citizen about how well they think this revenue transfer to billionaires bill will work out. We've seen this movie before and that's why I for one don't want to see it again. That said, I'm also certain this is the beginning of the end for your Kochbagger Party , even if they go Putin on us.

2950-10K's picture
2950-10K 1 year 30 weeks ago
#30

deepspace.....you mean Bachmann has a socialist job ..no way..LMAO

deepspace's picture
deepspace 1 year 30 weeks ago
#31

Yup, deregulated banks taking care of their own as their consolidated power over the economy increases by leaps and bounds. We witnessed the same exact thing in the 2000s. And where did this Dark Age dynamic of more and more wealth concentrated in fewer and fewer hands ultimately lead?

Get your nose out of the criminal banksters' asses for once and study the unvarnished history of how exactly the Republican Great Recession of 2008 transpired. There are many unbiased and comprehensive studies on the subject. The real economy is much wider and deeper and more complex than the "Great Bubble Machine" created by unregulated Wall Street investors; nevertheless, the unconscionable actions of the few and the greedy have an outsized ability to tank the entire world economy, as we have all witnessed. In virtually every instance, Republicans with their fascist tendencies were at the helm -- a clearcut case where correlation does equal causation.

So, unless God has miraculously changed the dark hearts of the selfish and the greedy, how is it any different today? No matter what they say, their actions will speak louder. Republican platform issues can be boiled down to two primary, almost religious tenets: deregulation of monopolistic industries; permanent, massive, unrealistic tax cuts for the top percentiles, while the unwashed masses are placated with spare change -- a dollar gained in tax cuts and five dollars lost in benefits cuts and deficit spending pushed off to our children's future, not to mention the trillions lost to environmental destruction and infrastructure degradation.

Yet you rejoice ...while Jesus weeps. Merry Christmas.

Hephaestus's picture
Hephaestus 1 year 30 weeks ago
#32

#31 - All these banks raising miserly salaries to $15 per hour and dishing $1000 Xmas bonuses

This is mean compared to the $22 trillion we bailed them for in 2008 (1)

As for AT&T... likely buying influence for the abolition of net neutrality (2)

And, making all look good for their poster boy

Whilst bilking the simple minded

1) http://www.huffingtonpost.co.uk/entry/financial-crisis-cost-gao_n_2687553

2) https://www.inverse.com/article/38734-net-neutrality-att-verizon-charter...

ChristopehrCurrie's picture
ChristopehrCurrie 1 year 30 weeks ago
#33

With considerable help from the Republicans on the US Supreme Court, our Republican politicians have essentially converted our government from a democratic republic into an autocratic kleptocracy!

Legend 1 year 30 weeks ago
#34
Hephaestus's picture
Hephaestus 1 year 30 weeks ago
#35

Buy gun... have deep joy... have orgasm

Hephaestus's picture
Hephaestus 1 year 30 weeks ago
#36

#35 - Small beans against the 22 trillion bailout 2008... paid by us!

Dianereynolds's picture
Dianereynolds 1 year 29 weeks ago
#38

@38 Rick Steves,

Cool. Company's that can't manage their business will not continue to be in business. Others are hiring. It's called the market.

Legend 1 year 29 weeks ago
#39

Diane is celebrating how Fascism works. There is also an ugly side.

https://en.wikipedia.org/wiki/Fascism

Dianereynolds's picture
Dianereynolds 1 year 27 weeks ago
#40

Now AT&T employees can buy guns for Christmas.

"AT&T is giving $1,000 bonuses to 200,000 employees after tax bill." Plus increasing it's capital expenditures budget by $1,000,000,000.

https://www.cnbc.com/2017/12/20/tax-reform-reaction-att-is-giving-bonuse...

Two hours later other evil corporations are following suit.

Fifth Third Bank to give bonuses, raise minimum wage after tax bill passage 1 Hour Ago | 00:38

Fifth Third Bancorp will pay more than 13,500 employees a bonus and raise the minimum wage of its workforce to $15 an hour after the passage of the Republican tax plan that will cut the bank's corporate tax rate. Cincinnati-based Fifth Third, the fifteenth largest U.S. bank by asset size, said the tax cut allowed it to re-evaluate its employee pay and pass along some of the windfall. Nearly 3,000 workers will see hourly wages rise to $15. The $1,000 one-time bonus is expected to be paid by the end of this year, the bank said, assuming President Donald Trump signs the bill into law by Christmas.

Senior managers and top executives are excluded from the special payments. "It is good for our communities, employees and Fifth Third Bank," said CEO Greg Carmichael in a statement.

Wells Fargo, meanwhile, also said it would be boosting its minimum wage for employees to $15 an hour, which was prompted by the tax plan. The San Francisco-based bank also said it would target $400 million in donations to community and nonprofit organizations next year.

https://www.cnbc.com/2017/12/20/fifth-third-bancorp-unveils-bonuses-minimum-wage-hike-after-tax-bill-passage.html

More terrible news for leftie/socialists,

Boeing announced that it would spend $300 million on “employee-related and charitable investments” because of the tax plan. “The reforms enable us to better compete on the world stage and give us a stronger foundation for the investment in innovation, facilities and skills that will support our long-term growth,” CEO Dennis Muilenburg said in a statement.

Comcast is giving $1,000 bonuses to 100,000 “frontline and non-executive employees,” the company announced, citing the rollback of the FCC’s Obama-era net neutrality rules and the passage of the tax reform bill. CEO Brian Roberts also said the company expects to spend “well in excess of” $50 billion on infrastructure investment over the next five years.

  • Washington Federal announced the tax reform legislation will accelerate its “strategic investments in its employees, client service capabilities and community development funding” with employees in good standing earning less than $100,000 per year getting a 5% salary increase.

Sinclair Broadcast Group announced Friday it would pay a $1,000 bonus to almost 9,000 of its full-time and part-time employees after the recent passahttp://thehill.com/homenews/media/366161-sinclair-announces-bonuses-for-employees-after-passage-of-gop-tax-billge of the GOP tax bill.

Bank of America will pay employees making up to $150,000 a year a special one-time bonus of $1,000, the Wall Street Journal reports, citing an internal memo from CEO Brian Moynihan.

Texas Capital Bank on Friday announced it will give a majority of its employees a special $1,000 bonus following the passage of the GOP tax overhaul.

  • Kansas City Southern, the Missouri-based transportation holding company with railroad investments in the U.S., Mexico and Panama, said it would immediately give a one-time $1,000 bonus to non-executive employees of its subsidiaries in the U.S. and Mexico.
  • U.S. Bank of America employees making up to $150,000 per year in total compensation – about 145,000 teammates – will receive a one-time bonus of $1,000 by year-end.
  • PNC Financial Services will give $1,000 bonus to about 47,500 workers.
  • New Braunfels-based Rush Enterprises of Texas is giving each of its 6,600 employees a $1,000 bonus – a total of $6.6 million. Chief Financial Officer Steven Keller said: “You’ve got a choice – we could’ve kept it and stuffed it in the company bank account or coffers, or we can share it with the people.”
  • Associated Bank in Wisconsin boosted its minimum hourly wage to $15 and paying workers a $500 bonus.
  • Idaho health-care and home-products company Melaleuca Inc. is providing its 2,000 employees $100 bonuses for every year they worked for the company. The company has 147 employees who have worked for the company for 20 years or more.
  • In Hawaii, Royal Hawaiian Heritage Jewelry plans to open up three more shops – in Honolulu, in Kauai and Maui in addition to its existing three shops.
  • Aquesta Financial Holdings in Cornelius, N.C., will raise hourly pay to $15 and will be giving $1,000 bonuses to all of it workers.
  • Washington Federal in Seattle will increase wages for most of its workers by 5 percent and is adding 25 people to its information-technology staff.
  • Canary LLC announced it will hire new employees and purchase more equipment.
  • First Hawaiian Bank said it will give out $1,500 cash bonuses to 2,264 employees, or all but 11 members of its senior management team. The state’s largest bank also will increase its minimum wage to $15 an hour from $12.75 an hour for 613 employees.
  • Bank of Hawaii, the state’s second-largest bank, said it will give out $1,000 cash bonuses to 2,074 employees, or 95 percent of its workforce. The bonuses affect all employees below the senior vice president level. The bank also will increase its minimum wage to $15 an hour from $12 an hour.
  • American Savings Bank, the third-largest bank in Hawaii, said it will award $1,000 bonuses to nearly all of its employees. In addition, the bank said it was increasing its starting wage to $15.25 an hour from $12.21 an hour.

Thom is misstating facts right now so check the bold type Thom and get back to us.

Walmart is raising its minimum wage and handing out tax cut bonuses

http://money.cnn.com/2018/01/11/news/companies/walmart-minimum-wage-increase/index.html

Over 100 companies giving 'Trump Bonuses' after tax victory, 'tsunami building'http://www.washingtonexaminer.com/over-100-companies-giving-trump-bonuses-after-tax-victory-tsunami-building/article/2644944

  • U.S. Bancorp, the parent company of U.S. Bank, announced a $1,000 bonus for nearly 60,000 employees. The bank also plans to increase its minimum wage for all hourly employees to $15 per hour, make “enhancements” to its employees’ health-care options, make an “additional investment in strategic projects centered on the customer experience” and make a one-time $150 million contribution to the U.S. Bank Foundation, the bank’s charitable arm.
  • Kansas City Southern, the Missouri-based transportation holding company with railroad investments in the U.S., Mexico and Panama, said it would immediately give a one-time $1,000 bonus to non-executive employees of its subsidiaries in the U.S. and Mexico.
  • U.S. Bank of America employees making up to $150,000 per year in total compensation – about 145,000 teammates – will receive a one-time bonus of $1,000.
  • PNC Financial Services will give $1,000 bonus to about 47,500 workers.
  • New Braunfels-based Rush Enterprises of Texas is giving each of its 6,600 employees a $1,000 bonus – a total of $6.6 million. Chief Financial Officer Steven Keller said: “You’ve got a choice – we could’ve kept it and stuffed it in the company bank account or coffers, or we can share it with the people.”
  • Associated Bank in Wisconsin boosted its minimum hourly wage to $15 and paying workers a $500 bonus.
  • Idaho health-care and home-products company Melaleuca Inc. is providing its 2,000 employees $100 bonuses for every year they worked for the company. The company has 147 employees who have worked for the company for 20 years or more.
  • In Hawaii, Royal Hawaiian Heritage Jewelry plans to open up three more shops – in Honolulu, in Kauai and Maui in addition to its existing three shops.
  • Washington Federal in Seattle will increase wages for most of its workers by 5 percent and is adding 25 people to its information-technology staff.
  • Aquesta Financial Holdings in Cornelius, N.C., will raise hourly pay to $15 and will be giving $1,000 bonuses to all of it workers.
  • Canary LLC announced it will hire new employees and purchase more equipment.
  • First Hawaiian Bank said it will give out $1,500 cash bonuses to 2,264 employees, or all but 11 members of its senior management team. The state’s largest bank also will increase its minimum wage to $15 an hour from $12.75 an hour for 613 employees.
  • Bank of Hawaii, the state’s second-largest bank, said it will give out $1,000 cash bonuses to 2,074 employees, or 95 percent of its workforce. The bonuses affect all employees below the senior vice president level. The bank also will increase its minimum wage to $15 an hour from $12 an hour.
  • American Savings Bank, the third-largest bank in Hawaii, said it will award $1,000 bonuses to nearly all of its employees. In addition, the bank said it was increasing its starting wage to $15.25 an hour from $12.21 an hour.
  • AT&T expanding its bonus program to an additional 200,000 staffers getting $1,000 apiece.
  • Boeing gift of $300 million in investment in its employee-related charitable program “to support our heroes, our homes and our future.”
  • Wells Fargo raises minimum wage to $15.
  • Fifth Third raises minimum wage to $15 and offering bonuses of $1,000 to 13,000 employees.
  • Comcast NBC Universal anted up $1,000 bonuses to more than 100,000 non-executive employees.
  • AAON is giving $1,000 bonus checks to 2,000 employees. CEO Norman Asbiornson said it was a result of the new tax law and a “direct recognition” of his employees’ importance.
  • AccuWeather distributed year-end bonuses to about 500 employees.
  • Aflac is increasing its 401(k) match from 50 percent to 100 percent on the first 4 percent of compensation plus one-time $500 contribution to every employee’s 401(k). It also plans $250 million increase in U.S. investment.
  • American Airlines confirmed $1,000 bonuses for every employee except officers. There are nearly 128,000 employees.
  • Americacollect announced $300-$500 bonuses for 250 employees.
  • Bank of the Ozarks announced bonuses of up to $1,200 for 2,300 workers.
  • BB&T planned $1,200 bonuses for 27,000 employees and a boost in the base wage from $12 to $15 per hour. Charitable donations of $100 million also are being planned.
  • Central Pacific Bank said each of its 850 employees will get $1,000 bonuses, and its wage will rise from $12 to $15.25.
  • Citizens Financial Group is posting $1,000 bonuses for 12,500 employees and scheduling donations of $10 million to charities.
  • Comerica Bank is raising wages to $15 per hour and giving bonuses of $1,000 to 4,500 non-officer employees.
  • Commerce Bank is granting $1,000 bonuses for fulltime workers, $250 for part-timers, to a total of 3,450. Donations to charities also will reach $25 million.
  • Community Trust Bancorp has $1,000 bonuses for full time employees and $500 for those who are part-time.
  • Copperleaf Assisted Living has bonuses of $200-$600 for 175 employees.
  • Dayton T. Brown Inc. is delivering $400 bonuses for each of the 210 employees
  • Delaware Supermarkets Inc. announced $150 extra bonuses to 1,000 non-management personnel.
  • Express Employment Professionals revealed bonuses of $2,000 to more than 200 non-executive employees
  • Four thousand workers at First Horizon National Corp. are getting $1,000 bonuses.
  • Gate City Bank gave $1,000 bonuses to 538 non-management personnel and announced $500,000 in additional charitable giving.
  • INB Bank is giving $500 bonuses to 200 employees, and raising base wages to $15.
  • National Bank Holdings Corporation has $1,000 bonuses for employees making up to $50,000.Nationwide Insurance is giving 29,000 workers $1,000 bonuses.
  • Most of the 6,700 workers for Navient are getting a $1,000 bonus.
  • Nelnet announced $1,000 bonuses for 4,100 employees.
  • OceanFirst Financial Corp. – base wage increase to $15 per hour
  • Ohnward Bancshares handed out $1,000 bonuses for all 260 employees.
  • Pinnacle Bank had $1,000 bonuses for 1,007 employees.
  • PNC Financial Services Group, Inc. gave 47,500 workers $1,000 bonuses, and there were extra contributions to pensions accounts.
  • Sinclair Broadcast Group gave $1,000 bonuses to 9,000 employees.
  • Southwest Airlines gave $1,000 bonuses to 55,000 employees, provided $5 million additional charitable donations.
  • TCF Financial Corporation had $1,000 bonuses for full time employees.
  • The Flood Insurance Agency had $1,000 bonuses for 17 full time employees.
  • Territorial Savings Bank had $1,000 bonuses to 247 employees.
  • Turning Point Brands, Inc. had $1,000 bonuses for 107 employees.
  • Unity Bank – all 200 non-executive employees will receive a $750 bonus.

http://www.wnd.com/2018/01/the-big-list-of-tax-cut-payoffs/

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Who rejected United States-North Korea peace talks?

There were conflicting reports on Sunday regarding a recent proposal for United States-North Korea peace talks which was allegedly made before North Korea"s recent nuclear test

U.K. Pound Falls As Markets Get Brexit Jitters

Bloomberg said on Monday the pound had sustained its biggest fall against the dollar in 11 months

Clinton: I'll defend Israel but push for 'two-state solution

Hillary Clinton believes both Republican candidates Donald Trump and Ted Cruz "missed the mark" with their approach to the Israel-Palestinian Arab conflict
From The Thom Hartmann Reader:
"Through compelling personal stories, Hartmann presents a dramatic and deeply disturbing picture of humans as a profoundly troubled species. Hope lies in his inspiring vision of our enormous unrealized potential and his description of the path to its realization."
David Korten, author of Agenda for a New Economy, The Great Turning, and When Corporations Rule the World
From Screwed:
"Thom Hartmann’s book explains in simple language and with concrete research the details of the Neo-con’s war against the American middle class. It proves what many have intuited and serves to remind us that without a healthy, employed, and vital middle class, America is no more than the richest Third World country on the planet."
Peter Coyote, Actor and author of Sleeping Where I Fall
From Unequal Protection, 2nd Edition:
"Hartmann combines a remarkable piece of historical research with a brilliant literary style to tell the grand story of corporate corruption and its consequences for society with the force and readability of a great novel."
David C. Korten, author of When Corporations Rule the World and Agenda for A New Economy