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
Anglo American rejects second ‘highly unattractive’ takeover approach from BHP, worth £34bn – business live BHP’s new proposal values Anglo American at £34bn, around three billion more than its initial offer of £31bn ... iron ore and metallurgical coal and BHP would bring its track record of operational ... 05/12/2024 - 7:40 pm | View Link
Japan's current account surplus hits record 25 trillion Yen in fiscal 2023 Japan's current account surplus in fiscal 2023 soared 2.8-fold from the previous year to hit a record high of 25,339 billion yen, mainly thanks to a smaller trade deficit, the Finance Ministry said in ... 05/10/2024 - 10:10 pm | View Link
S. Korea's fiscal deficit hits record high through March South Korea's fiscal deficit reached an all-time high in the first three months of 2024 due to rising expenditures aimed at buttressing an economic recovery, Yonhap News Agency reported, citing data ... 05/10/2024 - 8:48 pm | View Link
Israel Budget Deficit Hits 7%/GDP in April Israel posted a budget deficit of 11.7 billion shekels ($3.1 billion) in April, the Finance Ministry said on Thursday, citing higher spending as a result of Israel's war with Palestinian Islamist ... 05/9/2024 - 2:31 pm | View Link
Avril Lavigne’s ‘Greatest Hits’ Album Will Celebrate ‘the Best Damn Thing’ and Her Best Damn Songs Avril Lavigne will revisit The Best Damn Thing and her best damn songs on the upcoming compilation album Greatest Hits, out June 21. The record will span two decades of releases from the musician, ... 05/9/2024 - 12:59 pm | View Link
Jazz saxophone icon David Sanborn passed away today at 78 years old. The multiple Grammy-winning musician died from a long bout with prostate cancer.
Sanborn was diagnosed with polio at three years old and explained how the radio and music aided in his recovery.
Playing saxophone was an important part of his recovery, according to his official bio, and by the time he was a teenager he was playing alongside blues legends like Albert King and Little Milton.
Fox's Maria Bartiromo helps GOP Sen. Mike Lee promote the Republican's false narrative that migrants crossing the border are going to vote in federal elections in droves and their latest voter suppression attempt based on that narrative.
Just like Speaker Mike Johnson, Lee has no proof that this is happening anywhere, but that didn't stop him from pretending people would risk going to prison by voting illegally during his interview this Sunday:
BARTIROMO: Let's talk about the bill that you are pushing, the SAVE Act, and I want to get your take on a free and fair election come November.
“Florida Gov. Ron DeSantis on Monday knocked down speculation that his wife, first lady Casey DeSantis, would run to succeed him in 2026,” Politico reports.
“The Republican governor insisted at an event in event in Coral Gables that Casey DeSantis, a former television anchor who was a near constant presence on the campaign trail when he ran for president, had “zero” interest in running for governor.”
Politico: “On Monday, after initially — briefly — shifting in his chair and rolling his eyes as Cohen took the stand, the former president promptly restrained himself. For hours, Trump took in the testimony with his eyes shut, nearly reactionless, moving only occasionally to scratch an itch, whisper or pass a note to his attorney, read a document or glance at the computer monitor in front of him before going back to his shut-eye pose.”
“Across the room, Cohen, the state’s top witness, was seeking to make the case against the former president, calmly delivering his testimony as the district attorney’s office, but not yet Trump’s lawyers, questioned him extensively about his years-long role as a personal attorney and fixer for Trump.”
New York Times: “Hogan knows that his side of the party — what he calls ‘the Republican wing of the Republican Party’ — lost that battle. He knows that many of his fellow Never Trumpers have lost re-election, decided to retire or changed their tune. And he is running for Senate anyway, gearing up for a fierce battle that will test whether there is any path forward for anti-Trump Republicans seeking federal office in 2024.”
Said Hogan: “I do feel a little bit like I’m running toward the burning building.”
Week 4 of testimony in Donald Trump's first criminal trial (of 4) started off with the most anticipated - and volatile - witness: Michael Cohen. Fully prepared and clearly ready for the day, Cohen was cool, calm and collected, delivering devastating testimony that rebuts most, if not all, of Donald Trump's defenses.