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The Democrats' "Inherited Deficit" Farce
18 hours ago ago from Independent American Voter
Just more proof of the lies that the Democrats keep repeating, as if the more they repeat their blatant lies more people will start believing them and re-write historical FACT. Hot Air » Blog Archive » WaPo repeats “inherited” deficit fallacy Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democratic Party. They controlled the budget process for FY2008 and ...
Related contentU.S. Already $292 Billion in the Red this Year – CBO
12 hours ago ago from Roni Deutch: The Tax Lady Blog
From Reuters.com : The U.S. government racked up a gaping shortfall in the first two months of this fiscal year after posting a record budget deficit last year, congressional analysts said on Friday. In October and November, the government spent $292 billion more than it took in, the nonpartisan Congressional Budget Office said. That was even worse than the same period last year, when the government was on its way to posting a ...
Related contentU.S. already $292 billion in the red this year
8 hours ago ago from The Survival Station
Reuters December 8, 2009 A d v e r t i s e m e n t The U.S. government racked up a gaping shortfall in the first two months of this fiscal year after posting a record budget deficit last year, congressional analysts said on Friday. In October and November, the government spent $292 billion more than it took in, the nonpartisan Congressional Budget Office said. That was even worse than the same period last year, when the ...
Related contentU.S. already $292 bln in the red this year – CBO
13 hours ago ago from SmallGovTimes.com
The U.S. government racked up a gaping shortfall in the first two months of this fiscal year after posting a record budget deficit last year, congressional analysts said on Friday. In October and November, the government spent $292 billion more than it took in, the nonpartisan Congressional Budget Office said. That was even worse than the same period last year, when the government was on its way to posting a record $1.4 trillion ...
Related contentLearning from the crisis: More frequent and better forecasting can help guide a path
15 hours ago ago from OK Policy Blog
As state leaders struggle with how to manage the enormous budget shortfalls the state faces this year and next, the focus is understandably on decisions that must be made over the coming weeks and months. But while short-term challenges are the highest priority, this is also an opportune moment to draw some lessons from what has transpired during the downturn thus far that could leave us better equipped to manage the full length of the ...
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Nev. gov seeks new revenue projections before cuts
9 hours ago ago from FanHouse
CARSON CITY, Nev. -Gov. Jim Gibbons said Tuesday he will ask the state's top economic advisers for new revenue projections as he considers another round of budget cuts and a possible special legislative session to deal with Nevada's fiscal woes. Gibbons, speaking at a news conference in Carson City, said agency heads have been given until the middle of this month to submit plans on how they would reduce spending by up to 3 percent. "I may ...
Related contentBBC News - Bank bonus tax expected in Darling's pre-Budget report
8 hours ago ago from BBC
The pre-Budget report will set the tone for the election campaign A one-off tax on bankers' bonuses is expected to form the centrepiece of Alistair Darling's pre-Budget report - the last before the general election. The chancellor is under pressure to explain how he will meet his pledge to halve the deficit over four years by cutting spending or raising taxes. The Conservatives say borrowing levels, which could exceed 175bn ...
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