Deficit
Posted at 8:23am on Jun. 24, 2008 MI Morning Update: MI Budget in Deficit...AGAIN! - Obama Policies Risky - Max M. Fisher Dinner Wednesday
By saul anuzis
133 Days until Election Day
June 24, 2008
MORNING UPDATE:
GRANHOLM-DEMOCRATS DEFICIT...AGAIN...State leaders have agreed that the size of the Fiscal Year (FY) 2009 budget is $397 million -- $215 million General Fund and $182 million School Aid Fund. We need REFORMS now!!!
Posted in Barack Obama | Budget | Deficit | Max Fisher | Michigan Republican Party | Republicans | Saul Anuzis — Comments (0) / Email this page » / Read More »
Posted at 9:47pm on Feb. 29, 2008 Here come the tax hikes
By Neil Stevens
Right on schedule, here come the Democrats and their plans to raise taxes, though even here in California they lack the guts to say it. No, they refer to 'closing loopholes.' Though we all know they think property rights are themselves a loophole if they can get away with it.
Posted at 8:49am on Jan. 24, 2008 The National Debt as a Proportion of National Wealth
By blackhedd
I keep hearing people say that the national debt of about $9 trillion means that every man, woman and child in America owes a total of $30,000.
Pretty scary.
So since we're doing this on a per-capita basis, I thought I'd see how much every man, woman and child in America owns (financial assets plus real estate).
Turns out to be more than $180,000. The debt is one-sixth of our national wealth.
Posted in Deficit | Economy | national debt — Comments (34) / Email this page » / Read More »
Posted at 3:06am on Jan. 8, 2008 I Love California Republicans
Too bad the Governor Isn't One
By Neil Stevens
California Governor Schwarzenegger is dealing with a self-made budget crisis (I told you so, and so did Assembly Republicans), as Gray Davis-level spending increases have led to a budget deficit just as large as the one Gray Davis left behind. He's planning to deal with it by calling an emergency, which can force the legislature to pass a bill to re-balance the budget. He's formally calling for spending cuts, but the Democrats want to raise taxes.
So guess what? Sacramento Republicans are signing a no-tax pledge, says the San Diego Union-Tribune and Republican votes would be needed for any Democrat-led tax plan. And we know they're going to try for a tax hike.
Read On...
Posted in Arnold Schwarzenegger | Budget | California | Deficit | State Politics | taxes — Comments (14)/ Email this page » / Read More »
