Steve's Blog

The Government that Keeps on Spending

The Treasury Department just released their report on the nation’s budget deficit – and it is truly shocking. 

The deficit (how much more the government is spending than it is taking in) for the first six months of this fiscal year, was nearly a trillion dollars. 

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National Jobless Rate Hits 8 1/2%

The jobless number just came out, and the Nation’s unemployment rate shot up to 81/2 % in March.  663,000 new people lost their means of supporting themselves and their families.  That means a record 13.2 million Americans are out of work.

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Monstrous Debt in Obama’s Budget

Columnist David Broder, is one of the so-called “big feet” in Washington – when he talks, people listen. 

Most would consider his political views as being in the moderate to liberal range.  That’s why his column, which appeared this week in the Cincinnati Enquirer (3/30) titled “Monstrous Debt in Obama’s Budget” was especially eye-catching. 

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Obama’s Budget- Not the answer to America’s financial mess

The Congressional Budget Office is predicting that President Obama’s budget will generate huge deficits — a trillion dollars or more each year over the next ten years.  This is clearly unsustainable to the American economy, and is highly likely to require huge tax increases. 

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