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President Barack Obama has often noted that when he took office he inherited a huge national debt as a result of President George W. Bush’s two wars, his tax cuts and a prescription drug program that the country did not pay for, according to CBS News White House correspondent Mark Knoller.
WASHINGTON, Aug. 24 (UPI) — An advocacy group said Wednesday it confirmed the burial of human remains in the restive Sudanese state of South Kordofan. Sudanese President Omar al-Bashir announced a two-week cease-fire in South Kordofan to allow time for the observation of suspected South Sudanese rebels. Conflict in the border state erupted as South […]
The Federal Communications Commission (FCC) announced on Monday that it would bring an official end to 83 regulations the organization now considers obsolete, including the Fairness Doctrine.
What is truly unique to the 21st century is that we are running out of affordable crude oil, the fuel that propelled staggering economic growth during the previous 100 years. And while the wheeler-dealers in Congress can lift the debt ceiling with the stroke of a pen, all the king’s horses and all the king’s men can’t put oil back in the ground again.
On Tuesday, a Rasmussen poll detailed a 56 percent disapproval rating for President Barack Obama, and a Gallup Poll released Monday showed that GOP candidates are on the minds of many voters looking forward to the 2012 election.
The Administration of President Barack Obama has continued the revolving-door relationship between the private sector and Washington, as he has appointed Wendy Sherman to the position of undersecretary for political affairs.
WASHINGTON, Aug. 23 (UPI) — Sales of new single-family homes fell 0.7 percent from June to July, the U.S. Commerce Department said Tuesday. Home sales in July came in at a seasonally adjusted annual rate of 298,000. In June, 300,000 new homes were sold, the department said, revising last month’s estimate lower by 12,000. July’s […]
At about 2 p.m. EDT the Pentagon and several buildings on Capitol Hill were evacuated due to an apparent earthquake, according to a USA Today article. The quake cased disturbances throughout the northeast and caused JFK International Airport to be shut down, according to Fox News.
The national debt has grown by $4.24 trillion since President Barack Obama took office, only 945 days ago, The Los Angeles Times reported.