President Obama’s budget would pile up an additional $3.5 trillion in debt over the next 10 years and shows the government’s trust funds running out of money in 2020, Congress’s official non-partisan scorekeeper said Friday. In 2012 alone Mr. Obama’s budget would leave a $1.3 trillion deficit — $82 billion worse than if none of his policies were Read more about CBO: Obama budget deepens debt by $3.5 trillion[…]
The cost of living in the U.S. rose in February by the most in 10 months, reflecting a jump in gasoline that failed to spread to other goods and services. The consumer-price index climbed 0.4 percent, matching the median forecast of economists surveyed by Bloomberg News, after increasing 0.2 percent the prior month, the Labor Read more about Consumer Prices in U.S. Rose in February as Gasoline Jumped[…]
US Vice President Joe Biden, throwing punches as a warrior for the middle class, plunged into the 2012 election race Thursday, hailing President Barack Obama as a man with “steel in his spine.” Obama meanwhile launched his own political barbs, mocking Republicans who oppose his energy plans as “naysayers” on a day his reelection campaign Read more about Biden lauds Obama as man of ‘steel’ in campaign push[…]
nternet pornography could conceivably become a thing of the past if Rick Santorum is elected president. The unapologetic social conservative, currently in second place behind Mitt Romney for the GOP nomination, has promised to crack down on the distribution of pornography if elected. Santorum says in a statement posted to his website, “The Obama Administration has turned a Read more about ‘Vigorous’ Santorum crackdown may catch Internet porn viewers with pants down[…]
Having fizzled once again in the South, Mitt Romney’s presidential campaign is testing one of the enduring tenets of the American political system: winning doesn’t always matter. After victories by Rick Santorum in the Alabama and Mississippi primaries, the campaigns were focusing on the next set of contests — Puerto Rico, Missouri and Illinois — Read more about Romney’s Challenge: Showing That Winning Doesn’t Always Matter[…]
President Obama’s campaign staff made the curious decision to build a fundraising message around their candidate’s apparent weakness, warning supporters that Mitt Romney would beat Obama if the election were held today. “Friend,” Obama campaign manager Jim Messina wrote today, “If the general election were held today, President Obama would lose to Mitt Romney — Read more about Obama camp: If election were today, Mitt would win[…]
The current-account deficit in the U.S. widened more than forecast in the fourth quarter to $124.1 billion, the biggest in three years. The gap, the broadest measure of international trade because it includes income payments and government transfers, grew 15 percent from a revised $107.6 billion shortfall in the prior quarter that was smaller than initially estimated, Read more about Current-Account Deficit in U.S. Widens to $124.1 Billion[…]
DAYTON, Ohio — President Obama came to see March Madness, but he also got lobbied by Republican Gov. John Kasich of Ohio on developing natural gas in the state. Mr. Obama flew here on Air Force One Tuesday with British Prime Minister David Cameron to watch a first-round NCAA men’s game between Western Kentucky University and Mississippi Valley State. Read more about Ohio governor lobbies Obama during NCAA game[…]
President Obama’s national health care law will cost $1.76 trillion over a decade, according to a new projection released today by the Congressional Budget Office, rather than the $940 billion forecast when it was signed into law. Democrats employed many accounting tricks when they were pushing through the national health care legislation, the most egregious of Read more about Obamacare to cost $1.76 trillion over next 10 years[…]
DENVER – The electronic billboard on 56th Ave just East of I-25 re-entered the Tim Tebow debate Friday morning, asking fans to vote for Peyton Manning or Tebow as the Broncos quarterback, with a flashing arrow on the Tebow side. (Steve Nehf, The Denver Post) Forget a quiet offseason, the drama about who should be Read more about Manning or Tebow? Denver billboard asks for fans to vote[…]