Posts tagged 'federal budget'

March 26, 2009
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Health Care Reform Stays on Fast Track

Things in the nation's capital get curiouser and curiouser everyday for those who pay attention to what's being said and done (and who aren't the ones actually doing the doings and saying the sayings and those who are supposed to report on them in the Fourth Estate). First, Senator Kent Conrad (D.-N.D.), chairman of the Budget Committee, shreds Barack Obama's budget by half (the discretionary...
February 19, 2009
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A Trillion Here, a Trillion There, and Pretty Soon We're Talkin' Real Money

The federal deficit for 2009 has already surged past the $1-trillion mark, supposedly for the first time in U.S. history, with the passage of the so-called stimulus plan optimistically named the American Recovery and Reinvestment Act of 2009. But wait, the deficit for 2008, though officially announced as $455 billion, actually topped the trillion mark. How so? Because the feds simply counted m...