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Home»Posts tagged with»trillions

Sanders Unveils Bill to Force Pentagon to Pass an Audit—or Return Part of Its Budget

By Jake Johnson | Common Dreams on Jun 23, 2023   Featured, National, National/World  

Sanders Unveils Bill to Force Pentagon to Pass an Audit—or Return Part of Its Budget

“The Pentagon and the military-industrial complex have been plagued by a massive amount of waste, fraud, and financial mismanagement for decades. That is absolutely unacceptable.” A bipartisan group of lawmakers led by Sen. Bernie Sanders introduced legislation Wednesday that would require the Pentagon to return a portion of its enormous and ever-growing budget to the Treasury Department […]

Tax Day Study Shows US Billionaires Now Own $4.7 Trillion

By Jake Johnson | Common Dreams on Apr 18, 2022   Featured, National, National/World  

Tax Day Study Shows US Billionaires Now Own $4.7 Trillion

“We reject the narrative that this country cannot afford to invest in a better world.” An analysis released Monday to mark Tax Day in the United States shows that the country’s 735 billionaires have seen their collective wealth soar by 62% over the past two years while worker earnings have grown just 10%, modest gains eaten away by […]

Since 9/11, US Has Spent $21 Trillion on Militarism at Home and Abroad

By Jake Johnson | Common Dreams on Sep 1, 2021   Featured, National, National/World  

Since 9/11, US Has Spent $21 Trillion on Militarism at Home and Abroad

“Our $21 trillion investment in militarism has cost far more than dollars.” In the 20 years since the September 11 attacks, the United States government has spent more than $21 trillion at home and overseas on militaristic policies that led to the creation of a vast surveillance apparatus, worsened mass incarceration, intensified the war on immigrant […]

As US Mourns 500,000 Lives Lost, Report Shows Billionaires Added $1.3 Trillion to Their Fortunes During Pandemic

By Jake Johnson | Common Dreams on Feb 24, 2021   Featured, Health, National, National/World  

As US Mourns 500,000 Lives Lost, Report Shows Billionaires Added $1.3 Trillion to Their Fortunes During Pandemic

“It is unseemly that billionaires have experienced such gains as we mark a half a million lives lost and millions more who have lost their health, wealth, and jobs.” As the United States this week mourned the devastating milestone of 500,000 lives lost to the coronavirus, a report out Wednesday shows that the nation’s billionaires […]

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