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Budget deficit rises
to $120 billion in October
Reuters, by Staff
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Original Article
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Posted By:mambo 5, 11/13/2012 4:14:56 PM
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| The budget deficit rose in October, the first month of fiscal year 2013, as looming negotiations over expiring tax cuts and imminent spending reductions dominated the post-election political landscape. The Treasury said on Tuesday the October deficit was $120 billion, larger than economist forecasts for a $114 billion gap and up from $98 billion in October of 2011. Growth in expenditures outpaced rising receipts, deepening the deficit. Outlays grew to $304 billion from around $262 billion in the same month last year while receipts rose to $184 billion from $163 billion.
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Comments:
Would have been nice to have published this......last week!
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Reply 1 - Posted by:
mambo 5, 11/13/2012 4:17:04 PM (No. 9011980)
http://news.yahoo.com/budget-deficit-rises-120-billion-october-190237736--business.html
noticed that the link didn´t work
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Reply 2 - Posted by:
Mr. Know-It-All, 11/13/2012 4:18:02 PM (No. 9011984)
They forgot "unexpectedly".
Get used to this news. When we go into our next recession after the Christmas sugar high fades we will see this regularly. That is if the state propaganda outlets bother to let us ignorant peasants know about it.
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Reply 3 - Posted by:
lancelink1, 11/13/2012 4:22:01 PM (No. 9011997)
According to a new NBC poll it´s the fault of the republican held Congress.
Go figure.
You can´t fix stupid.
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Reply 4 - Posted by:
nimby, 11/13/2012 4:43:24 PM (No. 9012044)
It will still be Bush´ fault
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Reply 5 - Posted by:
nimby, 11/13/2012 4:44:49 PM (No. 9012047)
#3 you are correct. We also should never underestimate the stupidity of American voters.
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Reply 6 - Posted by:
lindamay, 11/13/2012 5:24:58 PM (No. 9012129)
I wonder how much of it was used to get Obama re-elected.
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Reply 7 - Posted by:
bobdog, 11/13/2012 5:51:15 PM (No. 9012193)
Oh, LOOK! Tax receipts increased! However, as usual, expenditures increased more.
And that, children, is why we can´t have nice things.
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Reply 8 - Posted by:
PROUDSABER, 11/13/2012 8:28:21 PM (No. 9012462)
JUst wait for the 2012 taxes paid in.
Obama most likely will start his 5th Priesdental year with low revenues due to everyone playing games (reducing their cost)on their income tax because of Obamacare and the 2013 and out years tax code. That is when the you know what hits the westinghouse (fan). That is when Dumocrats realize there will not be enough money to run the BIG GOVERNEMENT with out the support of the Rich, large and small business and eventually the middle class. That is when we reach the tipping point with higher taxes and little or no growth. Then the joice is to raise taxes to all the people who pay taxes not just the top 2% to support the entitlements
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Below, you will find ...
Most Recent Articles posted by "mambo 5"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "mambo 5"
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Ex-Detroit mayor convicted
of sweeping corruption charges
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Reuters, by Steve Neavling
Original Article
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Posted By: mambo 5- 3/11/2013 1:14:47 PM
Post Reply
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Former Detroit Mayor Kwame Kilpatrick, once seen as a rising star in Democratic Party politics, was convicted on Monday on two dozen federal charges of corruption and bribery while in office. U.S. prosecutors accused Kilpatrick, 42, his father and a city contractor of widespread corruption, extorting bribes from contractors who wanted to be awarded or keep city contracts, turning the mayor´s office into "Kilpatrick Incorporated" during his seven year tenure.
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IRS moves to collect billions
in fees from healthcare law
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The Hill, by Ben Goad
Original Article
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Posted By: mambo 5- 3/2/2013 3:09:22 AM
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The Internal Revenue Service on Friday unveiled its proposal to raise tens of billions of dollars through annual fees on health insurers, prompting fierce criticism from industry groups who warn the costs will be passed along to consumers. The proposed rule from President Obama´s healthcare law will be published for public consideration in Monday’s Federal Register. The rule would assess annual fees on most insurers that would total $8 billion next year and rise thereafter, eclipsing $14 billion in 2018, according to the IRS.
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Former Clinton aide, columnist joins Woodward
in claiming White House threat
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FoxNews, by Staff
Original Article
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Posted By: mambo 5- 2/28/2013 4:51:20 PM
Post Reply
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Another member of the Washington political media stepped forward Thursday to claim he was threatened by the Obama White House, shortly after the White House denied reports that an adviser threatened famed Watergate journalist Bob Woodward. The latest claim comes from Lanny Davis, who served as counsel to former President Bill Clinton and later went on to write a column for The Washington Times.
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Obama’s Backers Seek
Big Donors to Press Agenda
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New York Times, by NICHOLAS CONFESSORE
Original Article
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Posted By: mambo 5- 2/26/2013 8:56:13 AM
Post Reply
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President Obama’s political team is fanning out across the country in pursuit of an ambitious goal: raising $50 million to convert his re-election campaign into a powerhouse national advocacy network, a sum that would rank the new group as one of Washington’s biggest lobbying operations. (snip)But those contributions will also translate into access, according to donors courted by the president’s aides.
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Detroit is in financial emergency,
state-appointed review finds
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Associated Press, by Staff
Original Article
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Posted By: mambo 5- 2/20/2013 9:32:09 AM
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The fiscal crisis plaguing Detroit is now in the hands of Michigan´s governor after a state-appointed review team determined the city was in a financial emergency with "no satisfactory plan" to resolve it. Republican Gov. Rick Snyder has 30 days to decide if Detroit needs an emergency manager to take charge of its finances and spending, and come up with a new plan to get the city out of its financial mess. (Snip)The report also said the city´s bureaucratic structure makes it difficult to solve the financial problems.
Intro repaired by staff
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Company Threatens To Leave
Colorado If Ammo Limit Law Is Passed
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KCNC-TV [Denver, CO], by Rick Sallinger
Original Article
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Posted By: mambo 5- 2/18/2013 4:26:44 PM
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Erie, Colo. – A Colorado company is threatening to leave the state if a bill to ban high-capacity ammunition magazines becomes law. CBS4 Investigator Rick Sallinger toured the company in Erie. They said they would certainly prefer to stay. The company is called Magpul. Among other products, they make ammunition magazines which can hold up to 30 rounds. Tuesday night a state House committee took the first step towards banning them. The company’s chief operating officer, Doug Smith, made it clear to the state legislature that if the bill becomes law they will leave Colorado.
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Conservative Hispanic group
tells GOP to avoid ‘amnesty’ label
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Yahoo News, by Liz Goodwin
Original Article
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Posted By: mambo 5- 1/29/2013 2:08:30 PM
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A conservative pro-immigration reform group has issued talking points to Republican lawmakers, telling them to avoid referring to the U.S. citizen children of illegal immigrants as "anchor babies" or calling for the construction of an "electric fence" on the border, among other things. (Snip) The memo urges lawmakers to call them "undocumented immigrants" and to avoid terms such as "aliens" or "illegals," which are seen as offensive and dehumanizing. Another phrase to avoid? "Send them all back."
Link repaired and Snip added by staff.
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Top Japanese Official Urges Elderly
to ‘Hurry Up and Die’
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ABC News, by Aiko Fujita
Original Article
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Posted By: mambo 5- 1/23/2013 11:52:14 AM
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TOKYO – Taro Aso has never been one to hold his tongue. But Japan’s 72 year-old deputy prime minister may have outdone himself with his latest gaffe. At a government panel to discuss social security reforms, the former prime minister called the elderly who are unable to feed themselves “tube people,” then proceeded to say the elderly should be allowed to “hurry up and die” to reduce the burden on a country tasked to pay for their medical expenses.
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Morsi: Boycott USA, Jews
´Descendants of Apes and Pigs'
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Brietbart, by Joel Griffith
Original Article
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Posted By: mambo 5- 1/7/2013 10:01:41 AM
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The Middle East Media Research Institute (MEMRI) released a video of Egyptian President Mohamed Morsi delivering racist, anti-Semitic, and anti-American remarks . The incendiary rhetoric becomes relevant now that the Obama administration plans to give 200 Abrams tanks and 10 F-16 fighter jets to the Morsi government. Morsi expounded on his anti-American and anti-Zionist views in 2010, as a member of the Guidance Office of the Muslim Brotherhood.
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Clinton will not testify
before Congress on Libya,
purported concusion cited
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Fox News, by Staff
Original Article
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Posted By: mambo 5- 12/15/2012 4:28:56 PM
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Secretary of State Hillary Clinton will not be able to testify next week before House and Senate panels on the Benghazi issue because she sustained a concussion, a top State Department official said Saturday. Clinton was a scheduled to testify Thursday on the Sept. 11 attack on the U.S. Consulate in Benghazi, Libya, in which U.S. Ambassador Christopher Stephens and three other Americans were killed. Deputy Assistant Secretary of State Philippe Reines said Saturday that Clinton is suffering from a stomach virus, fainted and hit her head, which caused the concussion. However, he did not say when
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Geithner: End debt ceiling,
´sooner the better´
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CybercastNews Service, by Elizabeth Harrington
Original Article
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Posted By: mambo 5- 11/20/2012 7:47:30 AM
Post Reply
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Treasury Secretary Timothy Geithner said Friday that Congress should stop placing legal limits on the amount of money the government can borrow and effectively lift the debt limit to infinity. On Bloomberg TV, “Political Capital” host Al Hunt asked Geithner if he believes “we ought to just eliminate the debt ceiling.” “Oh, absolutely,” Geithner said. ... “It would have been time a long time ago to eliminate it. The sooner the better."
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Feinstein has ´concern´
about Rice´s Benghazi talking points
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LA Times, by Michael A. Memoli
Original Article
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Posted By: mambo 5- 11/19/2012 7:25:44 AM
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Sen. Dianne Feinstein said Sunday that she has initiated a review of talking points used by U.N. Ambassador Susan Rice on the attack on the American diplomatic facility in Libya, with the goal of determining why the public comments appeared to conflict with the initial assessment of U.S. intelligence sources. Feinstein, chair of the Senate Intelligence Committee, defended Rice against what she called the “politicization” of her comments....." But the California senator also said she had “some concern” with the process that produced the unclassified “speaking points” that Rice worked off of
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Most Active Articles (last 48 hours)
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Former British prime minister
Baroness Thatcher dies peacefully at the age
of 87 after suffering a massive stroke
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Daily Mail [UK], by James Nye
Original Article
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Posted By: Attercliffe- 4/8/2013 8:55:39 AM
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Margaret Thatcher, the first female British Prime Minister who gained worldwide renown as the Iron Lady has died aged 87. Developing a formidable partnership with President Ronald Reagan during the 1980s, Mrs. Thatcher stood up to the ´Evil Empire´ of the Soviet Union, eventually witnessing its collapse. [Snip] Responding to her death, Buckingham Palace said, ´The Queen is sad to hear the news of the death of Baroness Thatcher and Her Majesty will be sending a private message of sympathy to the family, Buckingham Palace said today.´ British Prime Minster David Cameron said on hearing of her passing, ´It was
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Obama says he´s ´determined
as ever´ for gun bill
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Associated Press, by Nedra Pickler
Original Article
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Posted By: Desert Fox- 4/8/2013 10:27:49 PM
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HARTFORD, Conn. -- With time running out on the chance to pass gun control legislation, President Barack Obama on Monday warned Congress not to use delaying tactics against tighter regulations and told families of the Sandy Hook Elementary School shooting victims that he´s "determined as ever" to honor their children with tougher laws. Obama´s gun control proposals have run into resistance on Capitol Hill, leaving their fate in doubt. Efforts by Senate Democrats to reach compromise with Republicans over expanding required federal background checks have yet to yield an agreement, and conservatives were promising to try
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Kim Jong-un Wants Phone
Call from Obama - report
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Korea Broadcast Service, by Staff
Original Article
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Posted By: Desert Fox- 4/8/2013 6:56:50 AM
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North Korea’s young leader Kim Jong-un is waiting for United States President Barack Obama to make a phone call to Pyongyang to discuss easing tensions on the Korean peninsula, according to Russia’s news agency Itar-Tass. The report cited United Kingdom diplomats, saying Pyongyang was demanding the U.S. president personally call Kim Jong-un as one of the conditions to relieve the current conflict at hand. Itar-Tass also quoted the U.K.’s Sky News as saying North Korea currently has eight nuclear warheads.
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´Mickey Mouse Club´ star
Annette Funicello dies at 70
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Los Angeles Times, by Dennis McLellan
Original Article
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Posted By: JoniTx- 4/8/2013 1:18:00 PM
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Annette Funicello, the dark-haired darling of TV´s “The Mickey Mouse Club” in the 1950s who further cemented her status as a pop-culture icon in the ´60s by teaming with Frankie Avalon in a popular series of “beach” movies, died Monday. She was 70. Funicello, who was diagnosed with multiple sclerosis in 1987 and became a spokeswoman for treatment of the chronic, often-debilitating disease of the central nervous system, died at Mercy Southwest Hospital in Bakersfield, Walt Disney Co. spokesman Howard Green said. Funicello and her husband, Glen Holt, had moved from
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White House: Planned GOP
gun filibuster cowardly
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Washington Times, by Dave Boyer
Original Article
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Posted By: Dreadnought- 4/8/2013 11:08:31 PM
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Beginning a week of high pressure on gun control, the White House on Monday accused some Republican senators of cowardice for planning to filibuster gun legislation without allowing the full Senate to vote on President Obama’s initiatives. “If they oppose this legislation, have the courage to say so on the floor and vote no,” said White House press secretary Jay Carney. “Don’t block it. Don’t hide behind a procedural action to prevent a vote. That’s the wrong thing to do, and that’s how the president clearly feels.”
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The most shocking news
you won´t see in the MSM today
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American Thinker, by Thomas Lifson
Original Article
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Posted By: magnante- 4/9/2013 11:49:09 AM
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The murder trial of abortionist Kermit Gosnell largely is being ignored by the mainstream media, even in the face of grisly testimony, such as what we heard yesterday. Life News reports: ...a former employee described how she heard a baby scream during a live-birth abortion. Abortion clinic employee Sherry West described an incident which "really freaked (her) out" and related to the jury how she heard a child who was born alive following an abortion scream.
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Chelsea Clinton doesn´t close
door to public office
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USA Today, by Catalina Camia
Original Article
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Posted By: jackson- 4/8/2013 10:23:20 AM
Post Reply
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Chelsea Clinton has raised her profile in the last few days, which sparked the inevitable question about the former first daughter´s future: Will she ever be like Mom and Dad and run for office? Clinton, 33, essentially said "maybe" in an interview that aired Monday on NBC´s Today show. "Right now I´m grateful to live in a city, a state and a country where I strongly support my mayor, my governor, my president and my senators and my representative," said Clinton, whose father, Bill, was president from 1993-2001 and her mother, Hillary
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Special ops veterans’ group
calls for select probe of
Benghazi attack
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Fox News, by Catherine Herridge
Original Article
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Posted By: JoniTx- 4/8/2013 7:00:09 AM
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More than 700 Special Operations veterans are urging members of Congress to back a select committee to investigate last year’s Benghazi terrorist attack, according to a letter first obtained by Fox News. The letter from the group, “Special Operations Speaks,” supports the appointment of a special committee tasked with the single mission of investigating the attack that left Ambassador Christopher Stevens and three other Americans dead, and shut down the CIA operation in an annex of the Benghazi consulate, in the Sept. 11, 2012 attack. “Congress must show some leadership and provide answers to the public
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Obama flying 11 relatives of Sandy Hook
victims to D.C. on Air Force One so
they can back gun control in person
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Associated Press, by Staff
Original Article
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Posted By: BuckeyeRon- 4/8/2013 4:05:18 PM
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President Barack Obama is bringing 11 relatives of those killed in the shooting at Connecticut´s Sandy Hook Elementary School to Washington on Air Force One on Monday so they can personally encourage senators to back gun legislation that faces tough opposition. A nonprofit organization that works with the families, Sandy Hook Promise, said that after Obama´s speech on gun control in Hartford, he is flying with relatives of seven children and one staffer killed during December´s massacre at the school. The White House says Obama is going to argue that lawmakers have an
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Updated: White House, McCain
blast Cruz for threatening
filibuster over guns
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Houston Chronicle, by Joanna Raines
Original Article
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Posted By: JoniTx- 4/8/2013 4:55:05 PM
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There was growing buzz over the weekend that a bipartisan agreement on gun control — a deal that would expand background checks — could hit the floor as early as this week. However, any deal could be derailed by the looming threat of a Republican filibuster involving Texas Sen. Ted Cruz. With Cruz standing proudly in the way of any gun legislation, Democrats are trying to make him pay a political price — and even a couple of high-profile Republicans are questioning his tactics.
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North Korea´s Army Is Full of Jumping,
Leaping, High-Kicking Martial Artists
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Atlantic, by Connor Simpson
Original Article
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Posted By: Pluperfect- 4/8/2013 5:48:23 AM
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Amid all of the very real threats of war and stuff from North Korea, you´d think American intelligence officers want as much video footage of the enemy as possible. Well, here is one video featuring North Korean exercises and Kim Jong-Un holding a gun, and we´ll say this: they certainly get points for presentation. Remember the clap-happy report from Dennis Rodman´s diplomatic basketball vacation? This video comes courtesy of the same Youtube channel that gave us that Rodman video. It appears to be the same state news channel.(Snip for video)This latest dispatch from North Korea´s state television
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Gay Connecticut couple accused
of raping adopted children
will face trial
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New York Daily News, by Erik Ortiz
Original Article
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Posted By: Drive- 4/8/2013 8:52:23 AM
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The case of a same-sex Connecticut couple accused of repeatedly raping and abusing two of their nine adopted boys is headed for trial. Married couple George Harasz and Douglas Wirth of Glastonbury were supposed to be sentenced Friday in Hartford Superior Court under a plea deal, but instead withdrew from their agreement with prosecutors. The men had already pleaded no contest in January to one felony count each of risk of injury to a minor — a reduction from even more serious charges related to sexual assault....
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