Dems, GOP talk up deficit reduction, but don't act Liberals' loud objections to White House proposals for slowing the growth of huge social programs make it clear that neither political party puts a high priority on reducing the deficit, despite much talk to the contrary.... More
Where the Budget Cut Pain Is Really Being Felt "It's in areas like health care, education and job training," Packer said. "Programs are closing or are being cut, layoffs are happening. It's not just waiting in line a bit longer at the airport." More
Obama lovers are mad at him Wednesday morning, President Barack Obama became the first Democratic president ever to propose cutting Social Security. Democrats spend so much time defending the president, it is easy to forget that even the most beloved presidents make mistakes and missteps. His new budget, which proposes a new method of calculating inflation increases in Social Security payments, is a doozy. More
Obama unveils new budget plan and gets tepid Republican response President Barack Obama unveiled his proposed Fiscal Year 2014 budget plan Wednesday in the White House Rose Garden, offering a combination of new spending initiatives and tax increases aimed at creating jobs and reducing future budget deficits. In his remarks, Obama called his plan “a fiscally responsible blueprint for middle-class jobs and growth.” More
‘Tracker,’ ‘Bluey’ and a Big Scripted Deficit: Hidden Numbers of the 2023-24 TV Season It was the season of TV that wasn’t actually a full season for a host of shows. It was a season when an Australian blue heeler became the biggest thing in streaming, when women’s sports (basketball in ... 05/29/2024 - 2:30 am | View Link
TLT: The case against the iShares 20+ Year Treasury Bond ETF The iShares 20+ Year Treasury Bond ETF (TLT) has come under pressure in the past few years as concerns about the US public debt have remained. Its stock has plunged by over 40% from its all-time high ... 05/28/2024 - 5:47 pm | View Link
The Sports Report: Dodgers right ship by sweeping Mets From Jack Harris: Chris Taylor got down a bunt. Daniel Hudson hushed his lips. And, in a big sigh of relief for a team that finally delivered in a lot of little moments Tuesday, the Dodgers ended ... 05/28/2024 - 11:53 am | View Link
A Record Year For America’s Richest Self-Made Women 2024 It was a record-breaking year for these queens of capitalism, as their combined fortunes soared by nearly one-fourth to $154 billion and the minimum to make the list jumped more than 35%. 05/27/2024 - 11:00 pm | View Link
Explained: How RBI managed to give the highest ever Rs 2.1 lakh crore dividend payout to government The Reserve Bank of India (RBI) announced a record dividend payout of over Rs 2.1 lakh crore to the government in FY24. The payout, announced on Wednesday evening, is the result of RBI's active ... 05/22/2024 - 8:57 pm | View Link
As the jury began deliberation in his criminal trial, Donald Trump told reporters that, after listening to Judge Juan Merchan’s instructions to the jury, he believes “Mother Teresa could not beat the charges,” the New York Times reports.
He again called the judge “corrupt” and “conflicted” and complained that he cannot fully back up his accusations about him because of the gag order that has been imposed on him.
He also railed against actor Robert De Niro, calling him “a broken-down fool.”
Sen. Roger Wicker (R-MS), the top Republican on the Armed Services Committee, is pushing an aggressive plan to build up the Pentagon budget, a blueprint he says is the “generational investment” needed to keep pace with worldwide threats, Politico reports.
“Donald Trump and Elon Musk have discussed a possible advisory role for the Tesla leader should the presumptive Republican nominee reclaim the White House, the latest sign that the once-frosty relationship between the two men has thawed,” the Wall Street Journal reports.
“The role hasn’t been fully hammered out and might not happen, people familiar with the talks said, but the two men discussed ways to give Musk formal input and influence over policies related to border security and the economy, both issues on which Musk has grown more vocal.”
“Musk, along with the billionaire investor Nelson Peltz, has also briefed Trump on a plan they’ve developed to invest in a data-driven project to prevent voter fraud… Peltz and Musk also told Trump of an influence campaign in elite circles that is already under way, in which Musk and his political allies host gatherings of powerful business leaders across the country and try to convince them not to support President Biden’s re-election campaign.”
“These are the times that try men’s souls: The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of his country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph.
“For the past five weeks, the 12 unidentified jurors in Donald Trump’s Manhattan criminal trial have listened to opening statements, witness testimony, closing arguments and the judge’s final instructions,” the New York Times reports.
“Now is the time for their deliberations to begin. The jurors will retreat behind closed doors on Wednesday and start to debate whether the first president to be criminally prosecuted has committed felony crimes.”
ABC News: Judge tells jury they can’t convict based on Michael Cohen alone.