-- House Republicans passed $61 billion in spending cuts over the weekend. About a million jobs are expected to be lost due to the cuts. Luckily their insanity won't make it through the senate or survive a presidential veto. It's a good thing Republicans are still a minority party and we really can't stress that enough.
--Tea Baggers in Massachusetts want that state to finance and arm a "defense force" to guard if from invasion. Yes, I typed that correctly. Tea Baggers in MA want the state to fund and arm a militia that will protect the State of Massachusetts from invasion.
-- When are we going to invade Libya?
-- Ever wonder where the budget deficits come from and how they were created?
- 37% comes from the business cycle (recession and lost revenue).
- 33% comes from Bush policies (tax cuts, huge expansion of Medicare, etc...)
- 20% comes from other Bush policies like the wars, TARP and other bailouts.
- 7% comes from President Obama policies like stimulus spending.
- 3% comes from President Obama's health care reform and energy spending.
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