Word: deficits
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...resolving those issues. He was fiercely critical of the Supreme Court's recent ruling to allow corporate and union contributions to political campaigns, earning himself a disapproving head shake from Justice Samuel Alito, who sat in his robe in the second row. Obama also spoke at length about the deficit, saying he would freeze government spending, but not until next year. When some Republicans snickered at the delay, suggesting through their derision that the President was not as serious as he claimed to be, Obama shot them a quick rejoinder. "That's how budgeting works," he pointed out, quite accurately...
America is facing a trillion dollar deficit. Our tax dollars have bailed out endless corporations who have flagrantly misused it. We saved the banks, yet they deny us fair lending and take our homes. We sit by and watch million dollar bonuses given away to the very executives that put our economy in peril. We hear about scandals involving AIG, the New York Federal Reserve, Fannie Mae, Freddie Mac, Goldman Sachs, Citigroup, Bank of America—there are too many to list. We listen helplessly to members of congressional oversight panels who condemn them with their voices but continue...
...expand coverage and protect American insurance buyers. Senate Budget Committee Chairman Kent Conrad explained that “insurance market reforms, all the changes designed to encourage wellness and prevention,” among other things, could still be easily jettisoned because they do not relate directly to deficit reduction, which is the sole goal of reconciliation itself...
...this morass, Democrats assert that their plan, which subsidizes about 30 million people so that they can afford coverage, will lower the deficit. Fears of higher taxes and bigger deficits, they sneer, are unfounded. Their reasoning? The Congressional Budget Office (CBO) says so. But they raise taxes to pay for the subsidies—a surcharge on the rich in the House of Representatives, a tax on “Cadillac plans” in the Senate—taxes that could have gone exclusively to reducing the deficit. And the CBO warns that the deficit will lessen only...
...again in the most recent game—a 3-3 tie against Rensselaer—scoring the game-tying goal with three seconds remaining in regulation. Early that night, he forced a turnover to set up an Alex Killorn goal, helping the Crimson rally from a 2-0 deficit entering the third period...