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Michael Barrera: The Senate's Lack of Ganas

For the past few decades, Portugal, Italy, and Greece have been referred to as "PIG" countries due to their out of control spending and crushing debts.

THE HUFFINGTON POST

Ray Suarez: Federal Budget Priorities

One of the most irritating parts of the modern debate over taxation and spending is the feigned surprise over the federal budget.

THE HUFFINGTON POST

Federal Budget Priorities

It's one of the most important jobs of the Congress and the president: come up with a plan for financing the operations of government.

THE HUFFINGTON POST

The 2011 Federal Budget, which should have been passed at the latest during the pre-Christmas 2010 lame duck session of Congress, has been shoved forward two times through the use of what's called a "continuing resolution."

federal budget News From the Web

06/01/12 Federal budget termed balanced, people-friendly Source: Dawn Acting president of Sarhad Chamber of Commerce and Industry (SCCI) Ziaul Haq Sarhadi said on Friday that the federal budget for fiscal year 2012-13 was a balanced one.
06/01/12 Mixed reaction on federal budget Source: Daily Times - Pakistan Despite assuring industrialists in a meeting the Federal Finance Minister Hafeez Shaikh informed that the government would take important decision in meeting energy crisis, but in the budget speech, no decision was announced which could provide benefits to the industrialists of the country.
05/31/12 COLUMN: Morality and the federal budget Source: Aiken Standard - Aiken SC Second, the Ryan budget, endorsed by Republican presidential candidate Mitt Romney, claims to increase federal revenue by closing tax loopholes which enable high income people and big corporations to avoid paying their fair share of taxes.
05/17/12 How We Got To Be $15.7 Trillion in Debt Source: Hyscience As we've now gone beyond the point at which Barack Obama has borrowed more money in 3 years than Bush did in 8, Jeffrey Anderson points to this useful chart at NPR ( based on figures provided by the White House Office of Management and Budget ), and spells out exactly how America got to the point of now being $15.7 trillion in debt ... and still going ever-deeper in the hole ( it's risen $5.9 trillion over the past four years and $15.4 trillion over the past fifty years ): in 1962 -- the middle year of John F. Kennedy's presidency -- we spent 52 percent of our federal budget on national defense and 1 percent on federal health programs.
10/13/11 Zombies shamble into the federal budget Source: Infocult Maybe Zombie Economy is a good monicker for our time.