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    REAL   CA75601Y1007

REAL MATTERS INC.

(REAL)
  Report
Delayed Quote. Delayed Toronto Stock Exchange - 07/28 04:17:48 pm
13.45 CAD   -12.95%
09:54aREAL MATTERS : IIROC Trade Resumption - REAL
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09:50aREAL MATTERS : IIROC Trading Halt - REAL
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09:41aUPDATE : Real Matters Drops 11% as Fiscal Q3 Adjusted Earnings Fall YoY Despite Top Line Growth
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Factbox: Biden's $6 trillion budget plan draws partisan scorn and praise

05/28/2021 | 02:48pm EDT

(Reuters) - U.S. President Joe Biden released his 2022 budget on Friday, calling for $6 trillion in spending by stitching together his most ambitious spending proposals.

Republicans criticized the increase in government spending, Democrats applauded the funding of social programs, and many third party groups applauded the president for finding ways to pay for his agenda but criticized his failure to cut the debt.

Mara Rudman, executive vice president at the Center for American Progress, a liberal group: "The President's agenda stands in stark contrast to the recent plans offered by Congressional Republicans. Their plan largely preserves the unworkable status quo by failing to invest in clean energy, and child care, home and community based services, while also protecting tax cuts for corporations and the wealthy."

Maya MacGuineas, president of the non-partisan Committee for a Responsible Federal Budget: "We are encouraged that the President continues to offer concrete proposals to pay for his legislative agenda over time, and we strongly support the administration's insistence on offsetting new spending. Yet the President's budget takes too long to pay for his initiatives and does little to address our high and rising debt, lower health care costs, or secure major trust funds headed toward insolvency."

Michael Peterson, CEO of the non-partisan Peter G. Peterson Foundation: "As our nation continues to recover from the pandemic, this budget proposal outlines significant investments aimed at addressing a range of national challenges. Importantly, it identifies ways to offset that new spending over the long term with various forms of revenue increases. As this year's budget season gets under way, lawmakers should hold firm to finding ways to pay for our priorities."

U.S. House Speaker Nancy Pelosi, a Democrat: "A federal budget should be a statement of our national values. President Biden's budget is an unequivocal declaration of the value that Democrats place on America's workers and middle class families, who are the foundation of our nation's strength and the key to Build Back Better."

U.S. Senator Tim Scott, a Republican from South Carolina: "When then-candidate Joe Biden said he wanted to 'transform' the nation, he wasn't kidding. What was presented to the American people today is the most far-reaching, big-government budget proposal we have seen in decades."

Democratic Congressman Don Beyer of Virginia, chairman of the U.S. Congress Joint Economic Committee: "President Biden's budget provides a clear blueprint for building a more equitable economy in the wake of the global pandemic."

U.S. Senator John Barrasso of Wyoming, chairman of the Senate Republican Conference: "President Biden's budget is a recipe for mounting debt and crippling deficits. This bloated $6 trillion proposal would take our nation to its highest levels of spending and debt since we fought World War II."

House Budget Committee Republican Leader Jason Smith, of Missouri: "President Biden's budget is an extreme show of disrespect for America's working-class families... It will ignore how massive government spending will have Americans paying more to put food on their tables, gas in their cars, and clothes on their backs."

(Reporting By Jarrett Renshaw)


ę Reuters 2021
All news about REAL MATTERS INC.
09:54aREAL MATTERS : IIROC Trade Resumption - REAL
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09:50aREAL MATTERS : IIROC Trading Halt - REAL
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More news
Financials (USD)
Sales 2021 517 M - -
Net income 2021 43,2 M - -
Net cash 2021 177 M - -
P/E ratio 2021 21,5x
Yield 2021 -
Capitalization 859 M 856 M -
EV / Sales 2021 1,32x
EV / Sales 2022 1,08x
Nbr of Employees 665
Free-Float 93,5%
Chart REAL MATTERS INC.
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Real Matters Inc. Technical Analysis Chart | REAL | CA75601Y1007 | MarketScreener
Technical analysis trends REAL MATTERS INC.
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 10,74 $
Average target price 19,59 $
Spread / Average Target 82,5%
EPS Revisions
Managers and Directors
Brian Lang President, CEO, COO & Director
William P. M. Herman Chief Financial Officer & Executive Vice President
Jason Smith Executive Chairman
Ryan Smith Chief Technology Officer & Executive VP
Blaine Hobson Independent Director
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