Archives for 


How do House and Senate budget proposals compare?

Images (1) How the budget proposals by Senate Democrats and House Republicans stack up over the next decade: ___ Total spending Senate Democrats: $46.5 trillion House Republicans: $41.7 trillion ___ Total revenue Senate Democrats: $41.2 trillion House Republicans: $40.2 trillion ___ 10-year deficit Senate Democrats: $5.4 trillion House Republicans: $1.4 trillion ___ National debt at end of [...]

Continue Reading

Iraq war costs U.S. more than $2 trillion: study

LDaHXvB0P0wS2JQhee827Dl72eJkfbmt4t8yenImKBXEejxNn4ZJNZ2ss5Ku7Cxt The U.S. war in Iraq has cost $1.7 trillion with an additional $490 billion in benefits owed to war veterans, expenses that could grow to more than $6 trillion over the next four decades counting interest, a study released on Thursday said. The war has killed at least 134,000 Iraqi civilians and may have contributed [...]

Continue Reading

Our Petulant President

The other day a group of us were at a restaurant. All of a sudden there was a child stomping his feet and stating he was not going to do what he was told. He made a big scene even after he was told that these are the rules and you have to follow them. [...]

Continue Reading

Krauthammer: Call Obama’s sequester bluff

Krauthammer: Call Obama WASHINGTON — For the first time since Election Day, President Obama is on the defensive. That’s because on March 1, automatic spending cuts (“sequestration”) go into effect — $1.2 trillion over 10 years, half from domestic (discretionary) programs, half from defense. The idea had been proposed and promoted by the White House during the July [...]

Continue Reading

2013 Budget - Debt ceiling or default?

Debt ceiling or default? By: Mark LaRochelle According to his 2013 budget, President Barack Obama anticipates about $2.9 trillion in revenues this fiscal year, but wants to spend $3.8 trillion. To make up the shortfall, he needs to borrow another $900 billion, on top of our existing $16 trillion debt. To help him out, congressional Democrats want to repeal [...]

Continue Reading