home.social

#discretionaryspending — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #discretionaryspending, aggregated by home.social.

fetched live
  1. A 70-year-old blew through one-third of his $3 million nest egg in 3 years — financial advisors say he needs to act now

    Fizkes/Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. The…
    #NewsBeep #News #Personalfinance #Business #CA #Canada #CliffordCornell #discretionaryspending #Finance #financialadvisor #PersonalFinance #retirementaccount #retirementsavings #SteveAzoury #withdrawalrate
    newsbeep.com/ca/817673/

  2. A 70-year-old blew through one-third of his $3 million nest egg in 3 years — financial advisors say he needs to act now

    Fizkes/Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. The…
    #NewsBeep #News #Personalfinance #AU #Australia #Business #CliffordCornell #discretionaryspending #Finance #Financialadvisor #PersonalFinance #retirementaccount #retirementsavings #SteveAzoury #withdrawalrate
    newsbeep.com/au/815344/

  3. Americans’ spending props up the economy as rising prices sap savings

    Americans are still spending money so strongly it’s steering the economy through inflation, but rising prices are starting…
    #Germany #DE #Europe #EU #Europa #SAP #Americans #consumerspending #discretionaryspending #DollarGeneral #energyprices #gasprices #Risingprices #sap #savingsaccounts #spendingmoney #taxrefunds
    europesays.com/germany/34366/

  4. Households to slam brakes on spending as Iran war sends cost surging, warns EY

    Consumer spending is set to pull back sharply as an inflation spike caused by the Iran war takes…
    #EuropeSays #Headlines #News #Europe #Europa #EU #Iran #consumerspending #discretionaryspending #EY #ukeconomy
    europesays.com/iran/109220/

  5. europesays.com/people/19012/ The U.S. had a national debt ‘home run’ in its grasp, says Jamie Dimon. But the government did nothing, and now its best option is crisis management #DiscretionarySpending #JamieDimon #MandatorySpending #NationalDebt #PublicInvestment

  6. Paul Krugman highlights the alarming priorities behind the Trump administration's "skinny budget." While this proposal may evolve in congressional negotiations, it raises critical questions about the implications of the proposed cuts to nondefense discretionary spending (NDD). The analysis reveals the values at stake and prompts a deeper inquiry into fiscal health and responsibility. Click to explore these insights further. paulkrugman.substack.com/p/und #TrumpBudgetProposal #PaulKrugman #DiscretionarySpending #FiscalPolicy #NondefenseDiscretionarySpending

  7. #Trump is set to propose $163 billion in cuts to non-defense #DiscretionarySpending for the 2026 fiscal year in what's known as a "skinny budget" Friday.

    The cuts are for spending #Congress authorizes each year—which does not include spending on safety nets like #Medicare, #Medicaid & #SocialSecurity.

    The cuts…represent a 22.6% cut in projected #spending for the current fiscal year [as if costs weren’t going up]. They were confirmed by the White House #OMB….

    #USpol
    npr.org/2025/05/02/nx-s1-53843

  8. — #funding that nonpartisan scorekeepers said would #reduce the budget #deficit by helping the gov collect more of the #TaxRevenue it is owed…. #Democrats have championed the initiative, but #Republicans have denounced it, claiming falsely that the money would be used to fund an army of auditors to go after working people.…

    As the deal stands, the #IRS $ would essentially shift to nondefense #DiscretionarySpending, …to avoid further cuts in programs like education & environmental protection….

  9. #Spending on the #military would grow next year, as would spending on some #veterans’ care that falls under nondefense #discretionary spending. The rest of nondefense #DiscretionarySpending would fall slightly — or roughly stay flat from — this year’s levels.

    It would also roll back $10B of the $80B #Congress approved last year for an #IRS crackdown on high earners (#wealthy) & #corporations that evade #taxes

  10. In exchange for lifting the #DebtLimit, the #deal would meet #Republicans’ demand to #cut some federal spending, albeit w/the help of accounting maneuvers that would give both sides #political cover for an agreement likely to be unpopular w/large swaths of their base voters.

    It would impose #caps on #discretionary spending for 2 yrs, though those caps would apply differently to spending on the #military than to other #nondefense #DiscretionarySpending.

  11. How Much Lifetime Social Security Benefits Are Americans Leaving on the Table? Americans are notoriously bad savers. Large numbers are reaching old age too poor to finance retirements that could last longer than they worked. kotlikoff.net/wp-content/uploa #Retirement #SocialSecurity #Pensions #OldAge #DiscretionarySpending

Share on Mastodon

Enter the server where you have an account.