All Posts Tagged With: "Deficit"
Panetta Says Layoffs at Pentagon If Congress Does Not Act
Leon Panetta the Secretary of Defense announced that layoff notices for civilian and military employees would be sent out in the fall, just prior to the election in November, if Congress fails to stop budget cuts that are mandatory to the Pentagon and that will take effect starting in the beginning of next year. The [...]
Governor Brown Releases New Budget
After announcing a larger than anticipated budget deficit over the weekend, California Governor Jerry Brown released Monday a new revised budget proposal of $91 billion. The new budget makes sharps cuts in welfare and health spending, reduces the public payroll by over 5% and puts into limbo the construction of new state courthouses. The revised [...]
Rasmussen Reports Deficit Close to $4 Trillion for 2012
Political analyst Scott Rasmussen said that the United States is in the middle of a fiscal crisis and the federal office in charge of decreasing the deficit has failed to do so. The Rasmussen Reports released the statement after the Congressional Budget Office announced that the federal budget deficit would reach $1.1 trillion in 2012. [...]
Democrats and Republicans still Fighting over Credit Limit
The deadline to raise the debt limit of the United States is fast approaching but the two political parties are still at odds with each other. They haven’t reached any agreements to cut the nation’s deficits as well as raise its debt limit. There have been efforts to find a comprehensive deficit reduction deal but [...]
People Concern about Obama’s Deficit Reduction Plan
There are more questions generated by President Barack Obama’s quest to reach an agreement with the Republicans regarding the reduction of the nation’s deficit. People are wondering how the president can endorse major spending cuts on Medicare and Medicaid and how the Republicans can accept increases in taxes. People are concerned about the time left [...]
President Obama Fails to Reach Agreement with Lawmakers Regarding Debt
United States President Barack Obama and key legislators have failed to reach an agreement with regards to the nation’s debt. If the U. S. fails to raise the debt limit, the nation could default on its loans. This could lead to an economic meltdown. Its Treasury officials have been issuing warnings that if it defaults [...]
Federal Budget Deficit Nears $1 Trillion Mark
The federal budget deficit is about to break the $1 trillion mark for the third straight year. This has placed added pressure on the Obama administration and Congress to formulate a plan to curb government spending. According to the latest report from the Treasury Department, the deficit is already at $927.4 billion during the first [...]
President Obama Includes the Strengthening of the Medicare Pay Board in His Deficit Plan
President Barack Obama unveiled his own budget deficit plan that would protect the guaranteed benefits in Medicaid and Medicare. His proposal included the creation of the Medicare Independent Payment Advisory Board that would be in charge of making spending cuts. The panel would be composed of 15 members who are appointed by the president. The [...]
Obama Accepts Friend Requests and Talks about Budget Deficit at Facebook
President Barack Obama visited the Facebook headquarters and talked about the Republican budget plan. He called the proposal as radical and not courageous. The town hall meeting was attended by a friendly audience as they listened to the president talk about his own deficit reduction plan. President Obama wants to decrease the deficit through spending [...]
Obama to Take on Republicans over Budget Deficit
President Barack Obama will try to solve the country’s budget deficit by increasing taxes on the wealthier Americans and requiring them to pay more Social Security, which is the opposite of what the Republicans are proposing. The Republicans want to cut Medicaid, Medicare and other domestic spending. President Obama is open to spending cuts but [...]
what does Canadian tire know ? this greedy cheap corporation only pays minimum wage !!! 
Before reading anything about HSBC, people should go to youtube: 1) How HSBC Chairman Mr Flint lied to shareholders. 2) ...
14 Hedge Funds are "trapped" in $CVLT, which should have a PE of 20 or 30 at best, but is ...