Showing posts with label U.S. Economic Conditions. Show all posts
Showing posts with label U.S. Economic Conditions. Show all posts

Tuesday, September 4, 2018

Will Markets Crash After Trump Says, 'serious economic conditions affecting the general welfare' faced by America

Text of a Letter from the President to the Speaker of the House of Representatives and the President of the Senate

Snippet of Article: "...because of “national emergency or serious economic conditions affecting the general welfare,” I view the increases that would otherwise take effect as inappropriate. Under current law, locality pay increases averaging 25.70 percent, costing $25 billion, would go into effect in January 2019, in addition to a 2.1 percent across-the-board increase for the base General Schedule. We must maintain efforts to put our Nation on a fiscally sustainable course, and Federal agency budgets cannot sustain such increases..."

Source: www.whitehouse.gov

#TrumpSlump, State of U.S. Economy, Trumps Take on U.S. Economy, Federal Employee Pay,