U.S. to Invest Billions to Replace China-Made Cranes at Nation’s Ports

U.S. to Invest Billions to Replace China-Made Cranes at Nation’s Ports

Administration officials said more than $20 billion would be invested in port security, including domestic cargo-crane production, over the next five years. The money, tapped from the $1 trillion bipartisan infrastructure bill passed in 2021, would support a U.S. subsidiary of Mitsui, a Japanese company, to produce the cranes, which officials said would be the first time in 30 years that they would be built domestically.

Related:

How Much Would It Cost To End Homelessness In America?

According to the Department of Housing and Urban Development, it would cost $20 billion to end homelessness in the United States. 

Jeff Bezos Donates $120 Million to Fight Homelessness, Then Invests $500 Million to Make It Worse

Among the three richest people on the planet, mega-billionaire Amazon founder Jeff Bezos received some praise last week for announcing approximately $120 million in donations to a number of groups fighting the scourge of homelessness in the United States

Jeff Bezos Donates $120 Million to Fight Homelessness, Then Invests $500 Million to Make It Worse

H/T: Unorthodox Truth

Joe Biden’s Aid to Hawaii vs Ukraine Aid Compared: What We Know

The Biden administration has been criticized in recent days over the support offered to survivors of the deadly wildfires in Maui, compared to the billions in U.S. aid sent to Ukraine.

Joe Biden’s Aid to Hawaii vs Ukraine Aid Compared: What We Know

WH FACT SHEET: Biden-⁠Harris Administration’s Latest Actions to Support Communities Impacted by Maui Wildfires

To date, the Biden-Harris Administration has approved nearly $7 million in assistance to nearly 2,200 households, including nearly $3 million in initial rental assistance.

White House Calls for $40 Billion Supplemental

If enacted, the supplemental would provide $24.0 billion of additional aid to Ukraine – on top of the $113 billion the United States provided in 2022 alone. This includes $13.1 billion of military aid and replenishment of Pentagon weapons stocks, $8.7 billion of economic and humanitarian aid, and $2.3 billion to leverage additional aid from other donors through the World Bank.

That’s approximately $137 billion to Ukraine, $10 million, or so, for Hawaii (in soft loans and rental assistance)!