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The One and Only True Hockey Stick: Government Spending
15 hours ago ago from The Virtuous Republic
I'm a few days late, but here are the Treasury's budget deficit numbers for November: $120,000,000,000 for just one month. For the fiscal year of 2010, we have a budget deficit of almost $297 billion. The Democrats are out of control.
Related contentPalm presenta los resultados del 2Q2010
9 hours ago ago from WebOSMania!
Palm ha anunciado sus resultados del 2º Trimestre del año fiscal 2010. Los ingresos del trimestre fueron de $ 78,1 millones con un beneficio bruto de $ 5,5 millones. Estas cifras, se apresura a señalar Palm, son ajustados GAAP, es decir, los ingresos y el coste directo de los ingresos de los productos de Palm webOS [...] son diferidos y reconocidos sobre la vida estimada de los productos económicos . Las cuentas no-GAAP dibujan un ...
Related contentImportant News - Dec. 17
23 hours ago ago from InvestmentWatch
Ron Paul Reacts To Bernanke As Time' Person Of The Year Ben Bernanke is the most powerful man in the world because he controls the supply of money which is the reserve currency of the world. He can create a trillion dollars in secret without any monitoring by Congress. So there’s no transparency and I think he is more powerful than the President. 1) East Timor wealth fund to diversify from US bonds The government is considering ...
Related contentPublic Safety, Health and Human Services Top SF Mayor’s Budget Cuts
9 hours ago ago from The San Francisco 10 - Top Ten Lists of the Best Restaurants, Businesses, Services, and Everything Else You Can Imagine in San Francisco, CA
San Francisco Mayor Gavin Newsom is proposing $45 million in mid-year cuts and new revenue generation to close a fiscal deficit for the current year, but warned much more serious cuts are still to come with the city's projected $500 million deficit for the coming fiscal year. Continue reading here: Public Safety, Health and Human Services Top SF Mayor's Budget Cuts
Related contentThe Current Debt Is Inherited, But Future Deficits Are Chosen
16 hours ago ago from EconomistMom.com
The Center on Budget and Policy Priorities issued this report this week, which claims that President Obama Largely Inherited Today's Huge Deficits. The headline chart is shown above, which proves the point that President Bush's deficit financed tax cuts and deficit-financed wars account for most of the projected deficits. But the chart also demonstrates CBPP's generous definition of what is in today's huge deficits and that's apparently ...
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Calling on Congress to stop the debt tsunami
14 hours ago ago from Washington Post - Business
The 34 names are familiar to anyone who has followed economic policy in Washington for the past generation, one-third of them former chairmen or members of key committees of Congress, seven of them former directors of the White House Office of Management and Budget, two of them former comptroller generals of the United States, seven of them former directors of the Congressional Budget Office, and one of them -- Paul Volcker -- a former ...
Related contentKan. gov. won't propose deep cuts for fiscal 2011
19 hours ago ago from U.S. News
Kan. gov. won't propose deep cuts for fiscal 2011 TOPEKA, Kan. (AP) -- Kansas' governor doesn't plan to propose deep budget cuts again to avoid a deficit and said Thursday that he opposes further reductions in education spending. Democratic Gov. Mark Parkinson confirmed that he's considering revenue-raising measures. But he stopped short of saying he'll propose ending tax exemptions or seek a general tax increase after the ...
Related contentPanel says Hawaii revenues will be a bit worse
2 hours ago ago from U.S. News
Panel says Hawaii revenues will be a bit worse HONOLULU (AP) -- The state's revenue picture is still dreary but there is light at the end of the tunnel, a panel of Hawaii economists said. The state Council on Revenues, at its quarterly meeting Thursday, voted to change its estimated decrease in state revenues for the remainder of the fiscal year that ends June 30 from 1.5 percent to 2.5 percent. In other words, the council believes the ...
Related contentStates Scramble to Close New Budget Gaps
15 hours ago ago from Wall Street Journal
The patches used by states on their ailing budgets just months ago are now failing. Ohio lawmakers were expected late Thursday to vote on a compromise reached with Gov. Ted Strickland to avoid cutting education budgets an average of 10% on Jan. 1. In Arizona, lawmakers met in a special session Thursday -- their fourth on the budget this year -- to grapple with a new deficit. And in New York, Democratic Gov. David Paterson said Sunday he ...
Related contentTax revenue drop causes $197M La. budget deficit
22 hours ago ago from U.S. News
Tax revenue drop causes $197M La. budget deficit BATON ROUGE, La. (AP) -- Louisiana's revenue forecast dropped $197 million Thursday, driven by plummeting state sales taxes as shoppers shut their wallets and businesses shrink spending in the tight economy. The state income projecting panel, the Revenue Estimating Conference, revised tax collection estimates sharply downward for the current fiscal year that ends June 30, continuing a recent ...
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