Chuck Schumer’s $79 Million Week

Senate Majority Leader Chuck Schumer praised the deal as an act of “responsible” state on May 30, 2023, after then-Resident Kevin McCarthy struck a deal with President Joe Biden that would dismiss any cap on the national debt through all of 2024.

” Suddenly, nobody got everything they wanted”, said Schumer,” but this act is the responsible and reasonable and necessary method forward”.

At the close of business on the day Schumer made this statement, the provincial debt was$ 31, 463, 988, 658, 765. 75.

At the close of business on April 8 of this year, the debt was$ 34, 608, 412, 560, 642. 47.

In just over 10 months since Biden and McCarthy made their deal, the debt has increased by more than$ 3 trillion ($ 3, 144, 423, 901, 876. 72 ).

To put this in perȿpective, thȩ total federal debt did not reach$ 3 trillion for the first time until 1990, which was 214 years after the country was established in 1776.

In the currenƫ Congress, Schumer and his associates borrowed more money in less than a year than their pre-1990 successors did įn more than two centuries.

What is the financially “responsible” Schumer talking about then? He boasts about how New York State’s top taxpayer dollars are being used for cherished jobs.

Schumer’s Senate office announced eight press releases that do direct$ 79,174,581 in federal funding to New York during the seven days from April 2 through April 8.

On April 2, his communications employees was particularly active.

The second press release they put out that day said that Schumer and Sen. Kirsten Gillibrand, D- N. Y. , had” secured$ 3, 822, 000 for important regional jobs”.

” This nearly$ 4 million in federal funding makes vital investments in the Capital Region’s top-notch educational institutions, helping give students the tools and hands-on training they need,” Schumer said.

According to the next press release released that day, Schumer and Gillibrand” secured$ 3, 000 for the Syracuse University and CenterState CEO in the Fiscal Year 2024 appropriations bills to improve Syracuse University’s South Side Innovation Center facilities and create local small business through CenterState CEO. “

According to the third press release released that day, Schumer and Gillibrand “personally secured$ 1, 000 for Binghamton University to purchase state-of-the-art advanced packaging equipment for its Nanofabrication Laboratory ( NLAB) in Fiscal Year 2024 appropriations bills as a Congressionally Directed Spending request to bolster workforce training for advanced chip manufacturing in cleanroom environments. “

According to a third press release released that day, Schumer and Gillibrand” secured$ 1, 200, 000 in the Fiscal Year 2024 budget item for DAY ONE Early Learning Community, a school in Poughkeepsie that serves low-income children and families. “

According to a fifth press release released the same day, Schumer and Gillibrand “announced$ 5, 633, 581 through the Environmental Protection Agency’s ( EPA ) Great Lakes Environmental Justice Grant Program to develop and implement the Western New York Environmental Justice Grant Program for underserved communities in Lake Erie and Niagara River’s watershed. “

Two days later, on April 4, Schumer “announced$ 1, 559, 000 from Fiscal Year 2024 appropriations bills to support important silicon and care workforce training programs and upgrades to Rochester’s higher education facilities. “

On April 8, Schumer announced that he was proud to donate a whopping$ 39 million to help restore the South Grand Island Bridges and build the resilient infrastructure required to maintain these crucial corridors for Western New York.

He also made the announcement that “our communities will be safer and more resilient in the future by removing nearly$ 44 million from our bipartisan infrastructure &amp, jobs law to improve flooding mitigation on Cortlandt’s Route 6”.

Who is going to pay for these projects in Schumer’s home state?

Federal taxpayers in New York, of course, will carry some of the burden—but so, too, will taxpaying workers in Indiana, Kentucky, Tennessee, Kansas, Oklahoma, Idaho, Alaska, and every other state in the union.

Due to the federal government’s ongoing massive deficit, which reached$ 82. 13 billion during the first five months of this fiscal year, not only will current taxpayers pay for these projects, but also will generations who will be required to pay interest on the money the government borrows to finance them.

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