budget deficit

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  • An Unimaginable Figure


    Authority Authority:
    “Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself.” – Mark Twain Enter last Friday’s Washington Post commentary: “After two years of harrowing confrontations in Washington, the national debt is no longer growing out of control and policymakers from President ...
    5 days ago
  • CPS Announces $21 Million In Non-Classroom Cuts


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    Chicago Public Schools officials have announced nearly $21 million in new cutbacks as it continues work to close a $1 billion budget deficit. The latest cuts come on top of more than $31 million in central office cuts earlier this year.
    5 days ago
  • Dutch budget deficit is expected to increase in 2014


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    The Dutch economy this year is projected to fall by 1%. For next year, a slight recovery is projected, leading to a 1% increase in GDP. The budget deficit by 2014 is expected to be 3.7%. This is the second forecast made in 2013. Household consumption in 2013 will decline, due to lower disposable income levels and ...
    6 days ago
  • America’s Leadership Deficit


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    Paul O’Neill refused to compromise when it came to making decisions that he knew would affect not only Americans today, but also future generations. David Walker and the Fiscal Wake-Up Tour participants had a similar goal. By warning Americans about what was ahead for their country if action wasn’t taken, and ...
    6 days ago
  • Why You’re Reading the Oracle of Omaha


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    “I honestly think you have gone soft,” begins a reader comment to our new site . “Specifically: ‘When They Come for Your Guns, You Will Turn Them Over.’ Now you have Warren Buffett speaking soft words with no meaning. I have been reading since 1989… from print to the Web. And now this?” That, among ...
    6 days ago
  • Indonesias Macroeconomic Assumptions for the 2013 Revised State Budget


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    courtesy sindonews.com - After a long and arduous discussions between the parliament and the government, some basic macroeconomic assumptions for the 2013 revised state budget have been agreed yesterday. This progress paves the way for the government to immediately raise subsidized fuel prices later this month. ...
    6 days ago
  • PM Harper addresses British Parliament


    Authority Authority:
    Tagged: balanced budget , budget deficit , Canada , Canada-EU Free Trade , David Cameron , democracy , foreign investment , free market , freedom , Iran , Israel , moral relativism , open economy , specialization and trade , Stephen Harper , Syria , tariff cuts , tax cuts , The Robing Room , ...
    1 week ago
  • Center Theatre Group headed for fifth straight budget deficit


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    By some measures, L.A.’s Center Theatre Group is the busiest nonprofit stage company in the nation — and it’s the biggest by far outside Manhattan. But now this theatrical giant is in serious need of more than a little help from its friends. The 2012-13 fiscal year that ends June 30 is expected to yield [...]
    1 week ago
  • Dear Congress: Americans Don’t Approve of the Job You’re Doing


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    Nearly four in five Americans (78 percent) disapprove of the job that Congress is doing, according to a Gallup survey conducted at the beginning of June. This marks the 45th consecutive month that more than two-thirds of Americans have disapproved of the job that Congress is doing, and paints a pretty depressing ...
    1 week ago
  • Wednesday Humor (And Hubris): Who Said It?


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    Guess who said it, back in 2003: A Fiscal Train Wreck With war looming, its time to be prepared. So last week I switched to a fixed-rate mortgage. It means higher monthly payments, but Im terrified about what will happen to interest rates once financial markets wake up to the implications of skyrocketing ...
    1 week ago
  • Thank you Scott Walker, for the budget leadership and your verbal stamp of approval, but…it punches a half billion dollar hole in the structural deficit!!


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    It didnt take long to create a huge structural deficit. Republicans put together a budget buster, a totally irresponsible one at that. Conservative accountant and Rep. Dale Kooyenga should be thanked for exposing what Ive been saying for some time; don’t trust failed conservative accountants that switch jobs- ...
    1 week ago
  • Are Your Higher Taxes Helping Decrease the Deficit?


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    While the rate of improvement in the federal deficit is strong, it did slow in May with a higher-than-expected monthly deficit of $138.7 billion. As the United States Department of the Treasury reported Wednesday, that jump represented a 10 percent increase when compared to the figure reported in May of last year. ...
    1 week ago
  • What We Are Witnessing Right Now Is Historic & Unprecedented


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    kingworldnews.com / June 12, 2013 On the heels of banks being accused of rigging the currency markets and the US reporting a widening budget deficit, today King World News interviewed one of the savviest individuals in the business, 43-year market veteran Jeffrey Saut, who is Chief Investment Strategist for $360 ...
    1 week ago
  • US budget deficit widens $139 billion in May


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    The government reported Wednesday that the U.S. budget deficit widened in May by $139 billion. But the annual deficit stayed on track to finish below $1 trillion for the first time since 2008. Steady... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
    1 week ago
  • Leucadia Rare Letter from 2003 Uncovered


    Value InvestingAuthority Authority: 669
      NOTE this is not on Leucadia’s website so its a gem enjoy! Letter from the Chairman And President: In 2013, Leucadia reported $97 million in after tax income on $1.57 per fully diluted share. included in this calculation are 11,156,460 shares issued in November 2003 for the remainder of WilTel we did not ...
    1 week ago
  • “Deficits Do Matter”


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    When you get extended to the point that you can’t service your debt, you’re finished. So you go through a calamity -- you go through a terrible inflation, which is a way of having a national bankruptcy, and you destroy accumulated income and wealth.
    1 week ago
  • “Deficits Do Matter”


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    Sometime after the election — it must have been mid-November — there was a meeting of the Economic Policy Group, including the vice president. As we sat at the table in the Roosevelt Room, we talked about where we were and where we were going. If I remember right, Glenn Hubbard made a presentation that was ...
    1 week ago
  • VIDEO: US Government Latest News: Booz Allen Fires Snowden for Violating Firm’s Ethics, Policies


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    Booz Allen fires Snowden for violating firm’s ethics, policies. GM Stock Sale Brings Government $3.2B This Year. S&P boosts outlook for US gov’ts long-term debt Thanks for checking us out. Please take a look at the rest of our videos and articles. To stay in the loop, bookmark our homepage ...
    1 week ago
  • VIDEO: US Government Latest News: Booz Allen Fires Snowden for Violating Firm’s Ethics, Policies


    Authority Authority:
    Booz Allen fires Snowden for violating firm’s ethics, policies. GM Stock Sale Brings Government $3.2B This Year. S&P boosts outlook for US gov’ts long-term debt Thanks for checking us out. Please take a look at the rest of our videos and articles. To stay in the loop, bookmark our homepage ...
    1 week ago
  • Obamacare 2023: 31 Million Uninsured, $1.8 Trillion in Taxpayer Dollars Spent


    Authority Authority:
    Andrew Shurtleff/ZUMA Press/Newscom A poll released last week by InsuranceQuotes reveals that 64 percent of the uninsured are uncertain whether they will purchase insurance coverage once Obamacare takes full effect next year. This is not surprising, as Obamacare is projected to leave more people uninsured than it ...
    1 week ago

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