While many Americans are tightening their belts this spring, Congress has gone on a mad spending spree! In addition to the so-called “stimulus” passed just over two weeks ago, the Senate is now considering the pork-laden 2009 Omnibus Appropriations Act. This bill will cost taxpayers $410 billion and represents an eight percent increase from 2008 levels. Combined with the “stimulus” package, total expenditures for some agencies represent an 80 percent increase in spending for fiscal 2009.
Even worse, the mammoth bill is fattened with pork, including such outrageous items as $1.9 million for the Pleasure Beach water taxi in Connecticut, the “water taxi to nowhere”; $1.8 million to conduct research in Iowa on “swine odor and manure management”; and $380,000 for the construction of a recreation and fairground area in Kotzebue, Alaska.
Instead of recognizing the fiscal reality of a projected $1.75 trillion deficit, Congress is intent on saddling you, your children, and grandchildren with enormous debt – all in a self-serving attempt to cater to the special interests and “buy” votes back home!
Your help is needed today to call on Congress to reject this overstuffed spending package! The Senate is scheduled to vote on the Omnibus Appropriations Act later this week.
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Citation Details
Title: Sube el déficit de la cuenta en EU. (Estados Unidos)(TT: The US budget deficit increases) (TA: United States)
Author: León Opalín
Publication: Siempre! (Refereed)
Date: April 9, 1998
Publisher: Edicional Siempre
Volume: v44 Issue: n2338 Page: p44(2)
Distributed by Thomson Gale
Debt, Deficits, and the Demise of the American EconomyWhat investors can do to protect their investments in the next phase of the ongoing global economic collapseThe United States is heading toward an unavoidable financial catastrophe that will paralyze the markets and the overall economy in ways never before seen. Some call this impending economic catastrophe a double-dip recession, others a financial Armageddon.
Regardless of what it's called, it is too late to stop it. Debts, Deficits, and the Demise of the American Economy is a look at how we got here, how the crisis is unfolding, and how it will end with a stock market crash in 2012, if not sooner.
- Takes you through the unraveling of the collapse, starting with a wave of sovereign debt defaults in Europe
- Predicts a stock market decline of two to three thousand points, a run on banks resulting in a major bank crisis, and rampant inflation
- Provides investment strategies, including alternative investments such as timber, farm land, and oil
- Offers a detailed proposal to get the United States out of the crisis
Debts, Deficits, and the Demise of the American Economy is a must-read, play-by-play account of the worldwide depression that is likely to unfold in the coming years.
AN EXAMINATION OF SECTION 211 OF THE OMNIBUS APPROPRIATIONS ACT OF 1998The BiblioGov Project is an effort to expand awareness of the public documents and records of the U.S. Government via print publications. In broadening the public understanding of government and its work, an enlightened democracy can grow and prosper. Ranging from historic Congressional Bills to the most recent Budget of the United States Government, the BiblioGov Project spans a wealth of government information. These works are now made available through an environmentally friendly, print-on-demand basis, using only what is necessary to meet the required demands of an interested public. We invite you to learn of the records of the U.S. Government, heightening the knowledge and debate that can lead from such publications.
Jack Kemp Autographed/Hand Signed Buffalo Bills 8x10 Photo ~ Former CongressmanDeceased Bills star QB and former Congressman, Jack Kemp, has personally hand signed this 8x10 Photo with a Blue Sharpie pen. This item comes with a numbered Online Authentics.com authenticity sticker on the autographed photo, which you can verify online once you purchase it. Online Authentics.com is one of the top third party authenticators in the memorabilia industry. This item also comes with a REAL DEAL Memorabilia Certificate of Authenticity (COA).
House & Senate, Fourth EditionDrawing on interviews with United States senators who previously served in the House of Representatives as well as journalists and staff members, this volume provides a portrait of the two American Houses of Congress.
It describes the important distinctions that separate the House and the Senate.
