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24 Aug 2011 10:38


U.S.: Budget deficit: Smaller than previous years, still pretty freaking huge

  • $1.28 trillion deficit in ’11, down slightly from ’09 & ’10 source
  • » A report full of mediocre news: The Congressional Budget Office’s report on the deficit notes that while the deficits will be smaller over the next decade — by $3.3 trillion over ten years — as a result of the arm-twisting budget deal passed earlier this month, another $3.5 trillion in deficits will be added on top of everything else. Oh, and lest you think that $1.28 trillion is a small amount, it’s only small compared to the prior two years, which were basically the two largest yearly deficits on record. So this total redefines “smaller.”

15 Apr 2010 11:11


Politics: Rep. Paul Ryan: Let’s talk intelligently about federal spending

  • Paul Ryan is an old-school Republican. He doesn’t seem like he hops on these shows to get into shouting matches with anyone, but instead discusses what he thinks are reasonable issues for cutting spending. He has opinions, but is willing to look at both sides of the aisle for criticism or praise. Plus, he looks like either Dick York or Dick Sergeant (we’re not sure which). Sure, he’s not flashy, but does he have a shot in 2012? source