Posts Tagged ‘government
I have been growing increasingly bemused as Anno Domini MMXV continues to unfold apace. And by “bemused”, I really mean, “Goddammit, we’re heading to hell in a handbasket!”
But nothing matches the complete clusterfuck around funding the Department of Homeland Security, a department born in the aftermath of the 9/11 attacks, and which, if you will recall, Republicans held up as a sacred institution to protect God-fearing Americans from those hordes of brown people seeking to kill them. (Union protections for DHS workers? Why do you love Al-Qaeda??)
Let’s recap. In last year’s Cromnibus (soon to appear in the next Transformers movie), Congress left out funding for DHS. Why? Well, fast forward to this year. John Boehner and his merry pranksters passed a DHS funding bill. But they wanted to show that Kenyan in the White House that treating “illegals” like children of God was not going to wash with Republicans in firm control of both chambers. So they attached several riders to a must-pass bill stripping all of President Obama’s actions for DREAMers and his executive action on the undocumented. There, that’ll show him! Done and dusted, and the first round of drinks are on Rusty Boehner!
Brett Logiurato: The Budget Deficit Just Fell To Its Lowest Level Under Obama
The US budget deficit fell to about $483 billion in fiscal year 2014, almost a $200 billion drop from the previous year and the lowest level of President Barack Obama’s six years in office. The US Treasury Department released the official figures on Wednesday, generally confirming figures released by the nonpartisan Congressional Budget Office last week. It’s the smallest deficit recorded since 2008.
FY2014 was the fifth consecutive year the deficit declined as a percentage of GDP. It is now an estimated 2.8% of GDP, a percentage that puts it below the average of the past 40 years. The Treasury’s figures chalked up the shrinking deficit to increased revenues from taxes and slowed growth in government spending. “It’s really a rise in revenues because of economic growth, because of the policies the president pursued, that we’ve made progress on the deficit,” said Shaun Donovan, the director of the Office of Management and Budget.
Kennett Area Dems (@KennettDems) October 16, 2014