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“Conservatism is the antidote to tyranny precisely because its principles are the founding principles.” --Mark Levin in Liberty and Tyranny
Welcome to “The Levin Lounge”… Step in and have a virtual FRink.
Posted on 09/08/2009 2:25:16 PM PDT by Fudd Fan
Over ONE MILLION copies sold! On the NYTimes Bestseller List for 19 weeks, 12 weeks at #1! “Conservatism is the antidote to tyranny precisely because its principles are the founding principles.” --Mark Levin in Liberty and Tyranny Welcome to “The Levin Lounge”… Step in and have a virtual FRink.
Buy it… read it… live it!
Welcome all, to the most FUN LIVE THREAD on FreeRepublic.com!
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A top senator is calling for fines of up to $3,800 on families who fail to get medical insurance after a health care overhaul goes into effect.
The plan from Democratic Sen. Max Baucus of Montana would make health insurance mandatory, just like auto coverage. It would provide tax credits to help cover the cost for people making up to three times the federal poverty level. That’s about $66,000 for a family of four, and $32,000 for an individual.
But those who still don’t sign up would face hefty fines, starting at $750 a year for individuals and $1,500 for families. The maximum penalty on individuals would be $950.
(Excerpt) Read more at nytimes.com .
Dear God.....HOW did this woman gain such power????
She’s a total idiot!
Congressional Budget Office
Director’s Blog
Today CBO released its estimates of federal revenues and outlays for the first 11 months of fiscal year 2009. The federal budget deficit through August was almost $1.4 trillion, CBO estimates, close to $900 billion greater than the deficit recorded through August 2008. Outlays were $518 billion (or 19 percent) higher and revenues $365 billion (or 16 percent) lower than the amounts recorded during the same period last year.
The estimated deficit reflects outlays of about $174 billion for the Troubled Asset Relief Program (TARP), recorded on a net-present-value basis adjusted for market risk, and net cash outlays of $83 billion in support of Fannie Mae and Freddie Mac. CBO believes that Fannie Mae and Freddie Mac should now be considered federal operations and that the full scope of their activities should be incorporated in the federal budget. The Monthly Treasury Statements, however, are only recording the cash infusions from the Treasury (net of receipts) as federal outlays. CBO estimates that spending increases and revenue reductions stemming from the American Recovery and Reinvestment Act of 2009 (ARRA) have totaled more than $150 billion so far this year (excluding the impact on the budget from ARRA’s effects on the economy).
CBO estimates that receipts were about $11 billion (or 7 percent) lower in August 2009 than they were in August 2008, marking the 16th consecutive month in which receipts were lower than those in the same month of the previous year. Withholding for income and payroll taxes declined by about $10 billion (or 7 percent) compared with August 2008, accounting for nearly all of the total decline. CBO estimates that more than half of that decline resulted from provisions in ARRA, primarily the Making Work Pay tax credit. For the fiscal year to date, withholding is down by about 6 percent, primarily because of the recession’s effect on wages and salaries and lower effective tax rates on that income.
Outlays were $6 billion lower in August than in the same month last year; however, spending compared to last year would be greater if adjustments were made to account for the different timing of certain benefit payments. (For example, because August 1, 2009, fell on a weekend, payments that would have been made in August were instead made at the end of July.) Without those shifts, outlays would have been about $40 billion (or 16 percent) higher than in August 2008.
CBO recently issued new estimates of the budget outlook for 2009. Counting Fannie Mae and Freddie Mac in the budget, CBO estimates that the deficit for 2009 would total about $1.6 trillion. If those GSEs are excluded from the budget and only payments to them from the Treasury and associated dividend receipts are counted (as has been the case in the Treasury statements thus far), the recorded deficit will be approximately $1.4 trillion, CBO estimates. Additional information about those estimates can be found in The Budget and Economic Outlook: An Update.
This entry was posted on Tuesday, September 8th, 2009 at 5:45 pm and is filed under Budget Projections.
If I wanted to that, I wouldn’t cut the blocks!
When Bush spoke to students, Democrats investigated, held hearings
By: Byron York
Chief Political Correspondent
09/08/09 7:11 AM EDT
The controversy over President Obama’s speech to the nation’s schoolchildren will likely be over shortly after Obama speaks today at Wakefield High School in Arlington, Virginia.
But when President George H.W. Bush delivered a similar speech on October 1, 1991, from Alice Deal Junior High School in Washington DC, the controversy was just beginning.
Democrats, then the majority party in Congress, not only denounced Bush’s speech — they also ordered the General Accounting Office to investigate its production and later summoned top Bush administration officials to Capitol Hill for an extensive hearing on the issue......
A circular saw with a masonry cutting blade.
Oh, I know THAT...! Just sayin’... it has to be that O.
Right!
No WONDER I have a headache!
Wet rails, a full train and a dragging brake made for an interesting climb up the pass complete with slipping drivers and barking exhaust.
Lots of folks in the gondola before the rain got heavy at dark. I came prepared -- me wearing a yellow slicker.
Eastbound at Tanglefoot Curve.
The train has passed the group of cars way down in the valley and has yet to appear on the cliff ledge above the highway. Pictures: First two, Roger Hogan; last two Sam Seiber.
Have Moo-shell sit on 'em.
1933 works also. Have been using the Nazi analogy for a long time. It fits more ways than one.
I think we have that!
Both. You have to go slow. Let the blade do the work.
That would CRUSH them, not break them!
Hello, fox.
Hi, darlin’.
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