By signaling with subsidies and payouts, Prime Minister Fumio Kishida is stressing his government’s resolve to pull the economy permanently out of stagnation.
The U.S. budget deficit increased 23 percent to $1.7 trillion, an increase of $320 billion, in the year after the Biden administration pushed through the Inflation Reduction Act which it claimed would close the government’s funding gap.
Last week we witnessed a dramatic, historical first: A Speaker of the US House of Representatives was removed from that position by a vote from Members of that body. US Rep. Matt Gaetz was able to gather enough Republicans dissatisfied with the leadership of then-Speaker Kevin McCarthy to send him packing.
"Hopefully the successful effort to strip Ukraine funding from the CR is the first of many victories by the antiwar fiscal conservatives over the military-industrial complex and its politicians, lobbyists, and propagandists."
Ukraine, facing ongoing internal and external conflict, is experiencing a substantial reliance on international aid, with external assistance forming about 70% of its budget.