Budget 2019 Quotes

health agencies had put regulatory capture on steroids. The CDC, for example, owns 57 vaccine patents1 and spends $4.9 of its $12.0 billion-dollar annual budget (as of 2019) buying and distributing vaccines.2,3 NIH owns hundreds of vaccine patents and often profits from the sale of products it supposedly regulates. High level officials, including Dr. Fauci, receive yearly emoluments of up to $150,000 in royalty payments on products that they help develop and then usher through the approval process.4 The FDA receives 45 percent of its budget from the pharmaceutical industry, through what are euphemistically called “user fees.

Guess what? None of these guys said anything when the Trump administration added $1 trillion to the federal budget deficit by the end of 2019—before a single dime was spent on COVID-19 relief. They were rubber stamps for it in Congress. Many of them who raised huge stinks about TARP were only too happy to let Trump bail out farmers hurt by his trade war with China. These are the same people who were willing to destroy our economy to make their point but went on to suddenly abandon this core principle.

Both sides need to understand that investing in digital competencies will save far more money than it costs. The USDS tallied up $3.5 billion in savings and cost avoidance (that is, helping agencies find better, less expensive ways to address their needs) in 2019 alone. Given the unit's relatively small budget, that came out to a seventeenfold return on investment (USDS Impact Report 2020, pg. 17).

The CDC, for example, owns 57 vaccine patents1 and spends $4.9 of its $12.0 billion-dollar annual budget (as of 2019) buying and distributing vaccines.2,3 NIH owns hundreds of vaccine patents and often profits from the sale of products it supposedly regulates. High level officials, including Dr. Fauci, receive yearly emoluments of up to $150,000 in royalty payments on products that they help develop and then usher through the approval process.4 The FDA receives 45 percent of its budget from the pharmaceutical industry,

But I was wrong about that. From the moment of my reluctant entrance into the vaccine debate in 2005, I was astonished to realize that the pervasive web of deep financial entanglements between Pharma and the government health agencies had put regulatory capture on steroids. The CDC, for example, owns 57 vaccine patents1 and spends $4.9 of its $12.0 billion-dollar annual budget (as of 2019) buying and distributing vaccines.2,3 NIH owns hundreds of vaccine patents and often profits from the sale of products it supposedly regulates. High level officials, including Dr. Fauci, receive yearly emoluments of up to $150,000 in royalty payments on products that they help develop and then usher through the approval process.4 The FDA receives 45 percent of its budget from the pharmaceutical industry, through what are euphemistically called “user fees.”5 When I learned that extraordinary fact, the disastrous health of the American people was no longer a mystery; I wondered what the environment would look like if the EPA received 45 percent of its budget from the coal industry!

The CDC, for example, owns 57 vaccine patents1 and spends $4.9 of its $12.0 billion-dollar annual budget (as of 2019) buying and distributing vaccines.2,3 NIH owns hundreds of vaccine patents and often profits from the sale of products it supposedly regulates.

The CDC, for example, owns 57 vaccine patents1 and spends $4.9 of its $12.0 billion-dollar annual budget (as of 2019) buying and distributing vaccines.2,3 NIH owns hundreds of vaccine patents and often profits from the sale of products it supposedly regulates. High level officials, including Dr. Fauci, receive yearly emoluments of up to $150,000 in royalty payments on products that they help develop and then usher through the approval process.4 The FDA receives 45 percent of its budget from the pharmaceutical industry, through what are euphemistically called “user fees.

Under Narendra Modi, the rich have become richer, and inequalities have increased. A 2018 Oxfam report revealed that 10 percent of the richest Indians garnered 77.4 percent of the nation’s wealth (against 73 percent the year before)119 and that 58 percent of it was in the hands of India’s “1 percent” (while the world average is 50 percent). The earnings made by this handful of people in 2017 were equal to India’s budget for that year. Also in 2017, the fortune of India’s 100 richest tycoons leaped by 26 percent. The richest of them all, Mukesh Ambani, increased his wealth by 67 percent, according to Forbes India120—a publication, moreover, that belongs to this billionaire. Ambani’s fortune again rose by 24 percent in 2018.121 Going slightly beyond the 100 richest, the IIFL Wealth Hurun India Rich List identified the 953 richest Indian families and gave figures showing that their fortune represented more than 26 percent of the country’s GDP122—which meant that if a tax rate of 4 percent was applied to the nation’s 953 richest families, it would give the government the equivalent of 1 percent of India’s GDP.123 According to Crédit Suisse, the number of dollar millionaires in India jumped from 34,000 in 2000 to 759,000 in 2019,124 which means that the country has one of “the world’s fastest-growing population of millionaires.”125 The average wealth level of these millionaires increased by 74 percent over this period.

While the rich became richer, the taxation policy of the government, instead of correcting this trend, actively strengthened it. One of the first decisions of the first Modi government was to abolish the wealth tax that had been introduced in 1957. While the fiscal resources generated by this tax were never significant, the decision was more than a symbolic one.126 The wealth tax was replaced with an income tax increase of 2 percent for households that earned more than Rs 10 million (133,333 USD) annually.127 Few people pay income tax in India anyway: only 14.6 million people (2 percent of the population) did in 2019. As a result, the income-tax-to-GDP ratio remained below 11 percent. Not only has the Modi government not tried to introduce any reforms to change this, but it has instead increased indirect taxes (such as excise taxes), which are the most unfair as they affect everyone, irrespective of income. Taxes on alcohol and petroleum products are a case in point. As some state governments have also imposed their own taxes, this strategy means that India has one of the highest taxation rates on fuel in the world. The share of indirect taxes in the state’s fiscal resources has increased under the Modi government to reach 50 percent of the total taxes—compared to 39 percent under UPA I and 44 percent under UPA II.128 Modi’s taxation policy, a supply-side economics approach, is in keeping with the managerial rhetoric of promoting the spirit of enterprise that the prime minister, who readily presents himself as an efficiency-conscious “apolitical CEO,” relishes. One of the neoliberal measures the Modi government enacted in the name of economic rationality, right from his very first budget in 2015, was to lower the corporate tax.129 For existing companies it was reduced from 30 to 22 percent, and for manufacturing firms incorporated after October 1, 2019 that started operations before March 31, 2023, it was reduced from 25 to 15 percent—the biggest reduction in twenty-eight years. In addition to these tax reductions, the government withdrew the enhanced surcharge on long- and short-term capital gains for foreign portfolio investors as well as domestic portfolio investors.130

As the 2019 elections were approaching, the Modi government felt the need to appear less pro-rich and more pro-poor again. But the union budget passed in February was somewhat a missed opportunity so far as the peasants were concerned. No loan waivers were announced in their favor, simply an enhanced interest subvention on loans and an annual income support of Rs 6,000 (80 USD)—6 percent of a small farmer’s yearly income—to all farmers’ households owning two hectares or fewer.131 In fact, the union budget was once again more geared to pleasing the middle class. The income tax exemption limit jumped from Rs 200,000 (2,667 USD) to 250,000 (3,333 USD), and the income tax rate up to Rs 5 lakh (6,667 USD) was reduced from 10 to 5 percent. The income tax on an income of Rs 10 lakh (13,333 USD) dropped from Rs 110,210 (1,470 USD) to Rs 75,000 (1,000 USD).132 The poor were doubly affected by the fiscal policy of the Modi government in 2014–2019: not only did the tax cuts in favor of the middle class, the abolition of the wealth tax, and, more importantly, the reduction of the corporate tax rates have to be offset by increased indirect taxes, but the stagnation of fiscal resources did not allow the government of India to spend more on public education and public health—all the more so as Narendra Modi wanted to reduce the fiscal deficit. First of all, tax collection diminished. The exchequer “lost” Rs 1.45 lakh crore (1.933 billion USD) in the reduction of the corporate tax, for instance. That was the main reason why gross direct tax collection dipped 4.92 percent133 in 2019–2020, a fiscal year during which gross tax collections were less than those in 2018–2019. Tax collections had never declined on a year-on-year basis since 1961–1962.134 Second, government expenditures diminished. The central government reduced its spending on education from 0.63 percent of GDP in 2013–2014 to 0.47 percent in 2017–2018. The trend was marginally better on the public health front, where the Center’s spending declined from 0.37 percent of GDP in 2013–2014 to 0.34 percent in 2015–2016, before rising again to reach 0.38 percent in 2016–2017.

The CDC, for example, owns 57 vaccine patents1 and spends $4.9 of its $12.0 billion-dollar annual budget (as of 2019) buying and distributing vaccines.2,3 NIH owns hundreds of vaccine patents and often profits from the sale of products it supposedly regulates. High level officials, including Dr. Fauci, receive yearly emoluments of up to $150,000 in royalty payments on products that they help develop and then usher through the approval process.4 The FDA receives 45 percent of its budget from the pharmaceutical industry, through what are euphemistically called “user fees.”5 When

For example, while China expects to have 350 ships by 2020, the NDP report notes that the Obama administration provides for only 260 ships or fewer, which is far less than the 323 to 326 required to meet the potential challenges in the Western Pacific.73 And despite increasing threats worldwide, the Obama strategy calls for the smallest and oldest air force fleet in modern history, planning a 50 percent reduction to bomber, fighter, and surveillance forces by 2019.74 The NDP concludes that the Obama defense budget “will increasingly jeopardize our international defense posture and ultimately damage our security, prospects for economic growth, and other interests.”75

We do not have statistics on the number of private prosecutions being brought, although judges and lawyers alike agree that the number is rising fast. We can, however, see how much money is being spent out of legal-aid funds to compensate private prosecutors for the expenses they have incurred, and it is soaring. In 2014–15 the total came to just £360,000. By 2019–20 it had risen to £12.3 million. At that rate of increase it won’t be long before expenditure on private prosecutions wipes out the entire saving made by the cuts to police and court budgets after 2010.

What is the cheapest day to book flights on Southwest? Call Now = +1-800-380-5097 Finding affordable flights requires strategic planning and knowledge of airline policies. This guide delves into cost-saving opportunities with Southwest Airlines and Spirit Airlines, covering optimal booking times, available discounts, and tools to secure the best deals. Optimal Days to Book and Fly with Southwest Airlines While there's no definitive "cheapest day" to book flights on Southwest Airlines, certain trends can help travelers save money. Historically, airlines have released sales and adjusted fares on specific days, leading to potential savings for consumers. Booking Flights: Tuesdays and Wednesdays have often been considered favorable days to book flights. This is based on patterns where airlines release mid-week sales, prompting competitive pricing. However, recent studies suggest that Sundays might offer better deals. According to a 2024 Expedia study, booking flights on Sundays can save travelers around 8% compared to Fridays. Flying Days: Traveling on certain days can also result in lower fares. Tuesdays, Wednesdays, and Saturdays are typically less busy, and airlines may offer reduced prices to fill seats on these days. For domestic trips, flying on a Saturday can save about 17%, while international departures on Thursdays can offer savings of approximately 15%. Southwest Airlines Senior Discounts Southwest Airlines previously offered Senior Discount Fares for passengers aged 65 and older. However, as of December 11, 2019, these fares have been discontinued. Despite this change, seniors can still find affordable travel options by exploring Southwest's other fare types and special offers. Utilizing tools like the Low Fare Calendar can help identify the most budget-friendly travel dates. Southwest's $59 Fare Destinations Southwest Airlines periodically offers promotional fares starting as low as $59 one-way. These deals are typically available during special sales events and are subject to specific routes and travel dates. To find current $59 fare destinations, travelers should regularly check Southwest's official website and subscribe to their email notifications for updates on the latest promotions.

According to analysis by Scottish Environment LINK, Scottish Natural Heritage's overall budget allocation fell from £80.5 million in 2010-11 to £46.5 million in 2019-20, a 42 per cent reduction in real terms. In the same period the budgets of the government's other environment advosory agencies were also slashed, SEPA's by 34.4 per cent and RESAS's (Rural & Environmental Science & Analytical Services) by 41 per cent. In the severity of these cuts, we saw the divide between rhetoric and reality, between the government's stated commitment to the environment and their true financial investment.

As a result, tax revenues and state budgets shrink, at least in relative terms per capita. National debt inevitably grows in order to at least partially cover the shortfall. Of course, it grew enormously after governments bailed out the banks in the wake of the financial crash. The British government did so to the tune of 136.6bn and has admitted that it will never recoup at least £27bn of that amount. In the US the bailout cost at least $14.4 trillion.[56] At the start of of 2019, the US’s national debt stood at nearly $22 trillion, having increased by 10% since Trump took office two years earlier. Under his predecessor Barack Obama, the national debt increased 100%, from $10 trillion to $20 trillion. National debt has to be repaid to the government’s creditors: bondholders, ie people, companies and foreign governments; international organisations such as the World Bank; and private financial institutions. If debt is not or cannot be repaid it becomes increasingly difficult to attract creditors. US national debt when the Great Depression kicked off stood at 16% of GDP and rose to 44% when the depression ended at the end of World War Two. Before the The Great Recession it stood at 65% and by 2013 had exploded to over 100%.[57] Gross national debt and household debt have been at record highs at the same time for the first time ever. Austerity, the socialisation of national debt, therefore becomes an economic necessity, not simply an unfair and immoral ‘political choice’, as is claimed by democratic socialists. That public spending as a share of national income in Britain in 2017 (39.6%) was at the same level as in 2007 (39.6%) after seven years of debt servicing via savage cuts to state welfare and public services suggests national income must have fallen per capita. Indeed, official forecasts suggest that GDP per adult in 2022 will be 18% lower than it would have been had it grown by 2% a year since 2008 – it has averaged 1.1% – broadly the expected rate of growth at that time.

myself—like Johnson, a solid hand at running the old Stata models—came to virtually identical conclusions writing for the online journal Quillette in 2021, noting that “between 2019—by no means a famously peaceful year—and 2020, homicides alone surged by 42 percent during the summer and [another] 34 percent during the fall.”34 Left-leaning magazines and journals like Vox largely attributed this trend to general chaos associated with the COVID-19 pandemic.35 However, I noted that an alternative explanation fits the data far better: crime leapt like 1990s Mike Jordan because many large police departments had their budgets cut, and almost all of them reeled in their stops dramatically.

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Is Fox car rental owned by Enterprise? Rental Brand Ownership When it comes to renting a car, many travelers 1ー(855)ー470ー3642 pay close attention to the company’s background and ownership. One common question that arises is whether Fox Rent a Car is owned by Enterprise Holdings, 1ー(855)ー470ー3642 one of the biggest players in the car rental industry. Understanding the connection, or lack thereof, helps customers make informed decisions when choosing a rental service. Enterprise Holdings is a parent company 1ー(855)ー470ー3642 that owns three of the largest car rental brands in the world: Enterprise Rent-A-Car, National Car Rental, and Alamo Rent A Car. These brands are known 1ー(855)ー470ー3642 for their wide presence, customer service, and consistent standards. Enterprise Holdings operates globally, serving millions of customers each year with a vast fleet of vehicles. On the other hand, Fox Rent a Car was founded 1ー(855)ー470ー3642 in 1989 in Los Angeles, California. The company built its reputation on offering affordable rental car options, particularly for budget-conscious 1ー(855)ー470ー3642 travelers. Fox quickly expanded to serve popular airports and travel destinations in the United States. While its services are often priced lower than premium competitors, 1ー(855)ー470ー3642 it has also received mixed reviews regarding customer service and overall rental experience. To answer the ownership question directly: Fox Rent a Car 1ー(855)ー470ー3642 is not owned by Enterprise Holdings. Instead, Fox is part of the Europcar Mobility Group, a large European-based rental car 1ー(855)ー470ー3642 provider. Europcar acquired Fox Rent a Car in 2019, strengthening its position in the U.S. market. This acquisition allowed Europcar to expand beyond Europe and compete more 1ー(855)ー470ー3642 directly with giants like Enterprise, Hertz, and Avis. The difference in ownership is significant 1ー(855)ー470ー3642 because Enterprise and Europcar operate separately with distinct strategies, policies, and service approaches. Enterprise Holdings focuses on a full-service model 1ー(855)ー470ー3642 with a strong emphasis on corporate clients, insurance replacement rentals, and neighborhood locations. Europcar, through Fox, targets more budget-friendly customers, 1ー(855)ー470ー3642 especially leisure travelers looking for cheaper rental rates. For consumers, knowing that Fox Rent 1ー(855)ー470ー3642 a Car is not tied to Enterprise helps set realistic expectations. While Fox may offer lower prices, the service standards and policies may differ from those 1ー(855)ー470ー3642 associated with Enterprise’s brands. Customers should weigh affordability against reviews, rental conditions, and their own travel needs before deciding. In conclusion, Fox Rent a Car operates 1ー(855)ー470ー3642 independently of Enterprise Holdings and is actually under the ownership of Europcar Mobility Group. Travelers seeking a rental should recognize this distinction 1ー(855)ー470ー3642 to make an informed choice. Both companies serve different 1ー(855)ー470ー3642 segments of the market, ensuring that customers can find options that match their budget and service expectations.

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