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The massive five-years agriculture spending plan, signed Friday by President Obama, includes a $3 million plan for Christmas tree taxes
Most of the bill covers food stamps, with the number of benefit recipients doubling since Obama took offic
$1 million will buy weather radios for rural Americans, despite plunging hundreds of weather apps for smartphones and plunging access rates
It's $956 billion of spending overall in a ten-year period, sketched out in legislation 959 pages long – nearly $1 billion per page.
But most of that money goes to food-stamp and nutrition programs, which are administered by the U.S. Department of Agriculture.
The 10-year spending total for those entitlements will hit $756 billion under the new law.
This week’s credit check: A record 43.6 million Americans are using food stamps. JPMorgan’s segment that makes food stamp debit cards made $5.47 billion in net revenue in 2010
Every time an American signs up for food stamps in one of 23 states, JPMorgan Chase & Co. (NYSE: JPM) adds to its revenue stream.
Declaring "We want our money back," President Barack Obama wants to slap a tax on banks to recoup the money that the American public spent on bailing out large financial institutions on the brink of collapse.
Obama to Banks: `We Want Our Money Back'
By law, 75 percent of our country’s food donations must be transported by American companies—a misguided practice that can actually hurt the people we are trying to help. A bag of dried peas marked “US AID from the American People” took more than six months to reach a grandfather in Ethiopia. His grandchildren starved to death before the shipment of food arrived.
Had our government not sent the peas on a 12,000-mile journey by rail, ship and truck but, instead, donated money to purchase food directly from Ethiopian farmers or provided cash vouchers for the grandfather himself to buy food that is often available, but out of financial reach during times of crisis, these children might still be alive.