Reports: Obama pushing for cuts to Social Security, Medicare Salon
Article similarly makes clear that it is the President who is demanding an even larger "deficit reduction" package than has previously been discussed. Headlined "Obama to Push for Wider Deal With G.O.P. on Deficit Cuts," the article reports that "President Obama has raised his sights and wants to strike a far-reaching agreement on cutting the federal deficit" and that he "wants to move well beyond the $2 trillion in savings sought in earlier negotiations and seek perhaps twice as much over the next decade. " This is all in pursuit of "an agreement that ma[kes] substantial spending cuts, including in such social programs as Medicare and Medicaid and Social Security -- programs that had been off the table." The President, as part of the package, is reportedly seeking some elimination of modest tax "loopholes" that benefit wealthy Americans to claim, absurdly, that there is "balanced" sacrifice.It's true that these
Boehner Floor Speech Opposing the Dems National Debt Limit Hike
gopleader.gov Strongly opposing the Democrats legislation to increase the statutory limit on the national debt by $290 billion, House Republican ...
Will the national debt be our legacy to our children? Over 8.5 trillion dollars so far?
The estimated population of the United States is 300,010,379
so each citizen's share of this debt is $28,467.30.
The National Debt has continued to increase an average of
$1.59 billion per day since September 30, 2005!
http://www.brillig.com/debt_clock/
Guess we'll just have to make more money then won't we. Can I ride in that car? From your 360 your hot for an older guy by the way.
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There is a great account in the Bible of the Prophet Isiah telling King Hezekiah that the Assyrian were going to attack Israel in 25 years. Hezekiah responded with "it won't happen in my life My son will have to deal with it."
America has adopted this same attitude. Oh well our children can pay for it.
Think about it for a second. It is very possibly a byproduct of abortion. Once the majority of the society starts disconnecting from children, the consequential residual could be to not only abort them but to also pile debt on them.
Go big Red Go
Do you know what the national debit is and what's your share of it?
Right now it is $8,421,015,977,272.11.
The estimated population of the United States is 299,192,166
so each citizen's share of this debt is $28,145.84.
The National Debt has continued to increase an average of
$1.62 billion per day since September 30, 2005!
How does this make you feel?
It should be a federal crime to allow the debt to be that high. W should be impeached for that alone.
While him and his Neocon buddies are busy cutting taxes for the wealthy and shifting the tax burden to those who are struggling to survive the he is spending money on weapons like he gets a commision.
But the congress is at this moment debating another tax cut for the wealthy that will only affect multimillionares. Even Bill Gates (1st wealtiest) and Warren Buffett (2nd wealthiest) thinks it's a rediculas idea. They are hiding it a minimum wage raise for the very poor.
And on top of that, they all have full health care for life. Something is really wrong with that.
Can You Really Become Debt Free In This Economy?
Over the last few years we’ve seen the worse economy for some since the great depression. African American’s have been hit the hardest with estimates of 15% – 30% black male unemployment in some cities.
We’ve also seen a sharp decline in African American household wealth due to the large amount of foreclosures in the black community. In a recent news report white’s had a net worth over $100,000 and black’s had a decline to under $2,000 of net worth.
The majority of this decline was due to the high rate of foreclosures in the black community. Upwards of 85%-95% of black household wealth was built with household equity in their homes.
Nationwide African Americans are more likely to be living in poverty.
In a since it was like a perfect storm that hit, most families were already struggling to pay their bills before the economic downturn and then when the economy turned south with job cuts, downsizing, interest rate hikes and adjustable rate mortgages maturing. Most families found themselves in deep financial trouble.
So is this the end of the line for most? Can an individual or family pull themselves out of debt even in this economic downturn?
The answer is yes! But I’ve found that most people are trying to get out of debt the wrong way. This leads to making emotional decisions instead of educated decisions when seeking debt relief.
Most opt to file bankruptcy and debt consolidation. Some seek help with credit counseling services. And some look for a quick fix with debt negotiation and mortgage modification.
In 2010 there were over 4,500 bankruptcies filed per day in the U.S. with more to come in 2011 and 2012.
The main problem that I continue to see is that individuals and families never seem to look at what actually caused the financial problem. Why because it will hurt! We can blame our debt problems on a job loss or downsizing but it really comes down to personal choices that we’ve made.
...Debt Directory
2005 debt estimated national - Debt < BondsDebt.net
Consolidate Credit Card Debt 2005 Debt Estimated National a top-ranked online source for .... Consolidate Credit Card Debt 2005 Debt Estimated National a top ...
United States public debt - Wikipedia, the free encyclopedia
User-created article about the federal deficit for the United States. Includes history, projections, and links.
Consolidating Credit Card Debt Free — MakingThings
The US National Debt Personal Debt Consolidation Loan Bad Credit the amount of ... Consolidate Credit Card Debt 2005 Debt Estimated National a top-ranked online source for ...
National debt by U.S. presidential terms - Wikipedia, the ...
In the United States, national debt is money borrowed by the federal ... Adding this to the national debt and other federal commitments brings the total ...
U.S. National Debt Clock
Highlights the outstanding public debt in real time.\
