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@NightOwl@lemm.ee to World News@lemmy.ml • 2 years ago

White House asks Congress for $106 billion for Ukraine and Israel wars

www.reuters.com

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White House asks Congress for $106 billion for Ukraine and Israel wars

www.reuters.com

@NightOwl@lemm.ee to World News@lemmy.ml • 2 years ago
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The White House on Friday asked Congress for nearly $106 billion to fund ambitious plans for Ukraine, Israel and U.S. border security, but offered no strategy for securing the money from a broken Congress.
  • @dmonzel@lemm.ee
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    2 years ago

    The government actually has infinite money

    Not that I’m saying we should throw money into these wars, but rather that we should have no issue taking care of healthcare and student debt.

    • @knfrmity@lemmygrad.ml
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      6•2 years ago

      Sort of. The US government has created the extraordinary privilege of dollar hegemony, which lets them issue money ad nauseum at the expense of the rest of the world. This privilege ends when the rest of the world stops underwriting this debt, as is slowly happening under the broad name of dedollarization.

    • @PipedLinkBot@feddit.rocksB
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      2•2 years ago

      Here is an alternative Piped link(s):

      The government actually has infinite money

      Piped is a privacy-respecting open-source alternative frontend to YouTube.

      I’m open-source; check me out at GitHub.

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