Six years ago President Obama Asked for More ‘Stimulus’ Money as the deficit grew
Just a month after one bill was passed, President Obama went right back to Congress, pushing more legislation, introduced by Senate Democrats, which would renew expiring unemployment benefits, and extend business More...
GOP rejects Obama’s $4.1 trillion budget, secret ‘Black Budget’ requests as debt rises
As the New Hampshire primaries steal the headlines, President Obama submitted his final budget Tuesday, a $4.1 trillion annual budget plan — deemed “dead on arrival” to the Republican-controlled More...
Marco Rubio skips Senate vote on $1.8 trillion spending bill
Florida Sen. Marco Rubio missed Friday’s Senate vote approving a $1.8 trillion end-of-the-year spending bill and tax package after telling supporters on the presidential campaign that he may try to slow the legislation More...
Judge rules that Illinois budget crisis will result in state employees not being paid
While Illinois’ Republican Gov. Bruce Rauner battles Democrats, who control the Legislature, to approve a budget, the state may not continue to pay state workers in full, according a Cook County ruling today. Attorney More...
Obama administration calls on Congress leave net neutrality out of budget battle
The White House told Republicans in Congress that the nation’s budget should not be used to enact “unrelated ideological provisions,” including a proposal to prevent the Federal Communications More...
How Fixing the Immigration System Will Help the Economy
Immigration has been a hot topic of debate in the United States for quite some time now—and especially recently—with people on both sides refusing to come to an agreement about what should be done. But there More...
Krauthammer to GOP: make your own budget, force Obama to sequester
Charles Krauthammer turned his attention to the Republicans after President Obama’s proposed budget still exceeded projected revenues. The conservative was on Fox News offering his brand of advice. BRET BAIER: More...
President Obama 2015 State of the Union address – transcript
January 20, 2015 THE PRESIDENT: Mr. Speaker, Mr. Vice President, Members of Congress, my fellow Americans: We are 15 years into this new century. Fifteen years that dawned with terror touching our shores; that unfolded More...
New Gallup survey: Economy, jobs are top issues for votes, GOP getting the edge
A pair of new surveys from Gallup show what’s important for voters and who they feel may have the edge heading into the 2014 midterm elections. “The Republicans in Congress hold significant leads over More...
Taxpayers pay $163 billion in interest to Apple, Cisco, Google, Microsoft in offshore accounts
United States taxpayers make large interest payments to the top four technology firms for the $163 billion in US government debt the companies own and shelter in tax-free offshore accounts. photo by photoSteve101 More...
Canada to have budget surplus by 2015: Is America paying attention?
While the United States government continues to spend like drunken sailors on shore leave, our neighbors to the north have got their budget all in order, in fact they are expecting surpluses as soon as 2015. Reuters More...
CBO: Obamacare enrollment down, jobs being lost, deficit down but will skyrocket
The federal budget deficit will fall sharply through 2015 before surging again in the decade to come. Obamacare enrollment is well below expections and Americans will see even fewer jobs. photo: photologue_np via More...
Libertarian Lucas Overby discusses Florida issues headed into race with Alex Sink, David Jolly
Now that the candidates are set, The Global Dispatch set out to include the third candidate in the race for Florida’s District 13 Congressional seat. Libertarian Lucas Overby was asked to address the key issues More...
Krugman is a Keynesian ‘crank’ wanting to empower the inflation fairy
Lest anyone think that Paul Krugman is an economist, his latest column bemoaning the lack of hardcore inflation presents every reason as to why he is a crank, although a famous crank. Yes, the Inflation Fairy More...
The Fairy Tale of Our Time, ‘massive consumer spending is what fuels an economy’
Paul Krugman is nothing if not consistent. Once again, we are told that Kenneth Rogoff is the main reason that our economy is not roaring along like boom times, and that massive consumer spending is what fuels More...
Obama budget taxes wealthy, cuts Social Security and Medicare while adding new stimulus
President Barack Obama on Wednesday unveiled a budget that would cut entitlement programs, tax the wealthy and reduce the U.S. budget deficit by nearly $2 trillion while funneling new money to education and infrastructure More...
The Federal Deficit is a Symtom, Not the Disease
Member of Congress are infamous for attacking symptoms of a problem instead of going straight to the heart of the disease, and the current “discussion” on the massive federal deficits are yet another More...
Marches of the Non Sequitur, protecting the ‘cuts’ to federal budget
I really was ready to shout, “Hallalujah!” when I saw the title of Paul Krugman’s latest column on the 10-year anniversary of the U.S. invasion of Iraq. When I met Krugman in 2004 at the Southern More...
Jay Carney rudely responds to female NPR reporter over entitlement questions, adds
White House Press Secretary Jay Carney during a press briefing on Monday snapped at NPR reporter Mara Liasson for asking whether entitlement reforms would be part of President Barack Obama’s official budget. “Mara, More...
CBO projects record tax revenues for 2013 of $2.7 trillion, focus shifts to spending
Budget negotiations continue in Washington but a new report from teh CBO, Congressional Budget Office, may cause more shifts in talk. donkeyhotey donkeyhotey.wordpress.com The CBO estimates the federal government More...
