The Long-Term Budget Outlook is bleak

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by Douglas Elmendorf,CBO Budget Director

Today I had the opportunity to testify before the Senate Budget Committee about CBO’s most recent analysis of the long-term budget outlook.

Under current law,the federal budget is on an unsustainable path,because federal debt will continue to grow much faster [...]

Obama Warns:Don’t bet against me on health care

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By CARRIE BUDOFF BROWN,Politico

Obama sternly says don’t bet against me

After a tough week on health care reform,President Barack Obama used a hastily convened White House appearance Friday to press Congress to step up the pace,saying once again that “now is the not the [...]

Olmert sides with Netanyahu against Obama’s pressure

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by Leo Rennert,American Thinker

Olmert sides with Netanyahu,rejects Obama’s position on Settlements

In a Washington Post op-ed intended to catch President Obama’s attention,former Israeli Prime Minister Ehud Olmert urges the U.S. administration to stop obsessing about Jewish settlements and instead focus on Palestinian leader [...]

Cartoon of the Day

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- Nate Beeler,Washington Examiner

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Obama vs. Obama on the Stimulus

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Joe Biden:‘We Have to Go Spend Money to Keep From Going Bankrupt’

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By Penny Starr,CNS News

Vice President Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more money.

“And folks look,[...]

The dirty secret is out

Tweet By Floyd and Mary Beth Brown,WorldnetDaily The cat’s out of the bag. Finally,something that we long suspected but was never acknowledged was confirmed by Justice Ruth Bader Ginsburg in a New York Times Magazine interview:the dirty connection between the Roe v. Wade abortion decision and eugenics. “Yes,the ruling about [...]

Did Sotomayor Lie to Senators?

Tweet By Texas Fred Did Judge Sonia Sotomayor twist the truth when she met with Senators before her confirmation hearings began? Does anyone on the Judiciary Committee have the guts to call her on it? “Is there anything the Senate or Congress can do if a nominee says one thing seated at that table [...]

OBAMACARE WILL REDUCE YOUR CHOICEs

Tweet By Robert E. Moffit,NY Post AT the White House’s urging,Congress is going to try to overhaul Ameri ca’s health-care system —a sixth of the entire US economy —in the next three weeks. The 1,018-page House bill and the 615-page Senate bill are now available for your reading pleasure. Plenty [...]

FOREIGNERS HAVE NO CONFIDENCE IN OBAMANOMICS-NET SELLERS OF T-BILLS

Tweet By Martin Crutsinger,Yahoo Finance Foreign demand for long-term U.S. financial assets dropped by the largest amount in four months in May,as Japan and Russia trimmed their holdings of Treasury securities. The Treasury Department said Thursday that foreigners actually sold $19.8 billion more long-term U.S. securities than they purchased in May. That [...]