This link has been bookmarked by 37 people . It was first bookmarked on 25 Jul 2007, by Mark Marino.
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27 Oct 09
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Now let's fast forward to the end of fiscal year 2009, which ended
on September 30. According to CBO, it ended with spending at $3,515
billion and revenues of $2,106 billion for a deficit of $1,409 billion.
To recap, the deficit came in $223 billion higher than projected, but
spending was $28 billion and revenues were $251 billion less than
expected. Thus we can conclude that more than 100 percent of the increase in
the deficit since January is accounted for by lower revenues. Not one
penny is due to higher spending...I continue to believe that the Republican position is nonsensical.
Final proof is that the previously cited CBO report shows total federal
revenues coming in at 14.9 percent of the gross domestic product in
FY2009.
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24 Oct 09
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20 Sep 09
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04 Aug 09
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10 Jul 09
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06 Jul 09
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18 Jun 09
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14 Jun 09
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06 May 09
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05 May 09
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14 Mar 09
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30 Jan 09
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22 Dec 08
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26 Nov 08
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05 Nov 08
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01 Jun 08
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19 May 08
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14 Feb 08
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05 Feb 08
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Sometimes, I feel much happier when my views or arguments are thoroughly rejected, rather than accepted.
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I'm sure Obama will do well - but I fear he cannot surpass expectations of a small national lead. The question today is whether her victories are too crushing for Obama to come back on February 12.
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17 Oct 07
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20 Mar 07
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