Federal deficit rose to $1.7 trillion
in fiscal 2023
Posted By: Dreadnought, 10/20/2023 4:17:48 PM
The federal budget deficit rose to $1.7 trillion in fiscal 2023, according to data released Friday by the Treasury Department. The gulf between how much money the federal government spent and made in revenue rose by $320 billion between fiscal 2023 — which ended September 30 — and the previous fiscal year. The fiscal 2023 budget deficit was equal to 6.3 percent of U.S. gross domestic product (GDP), up from 5.4 percent in fiscal 2022. Biden administration officials attributed to spike in the deficit to a steep drop in federal revenue, which rose sharply during rapid economic rebound from the COVID-19 pandemic.
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Biden thanks Qatar and Israel for efforts
to secure release of American hostages
from Gaza 4 replies
to secure release of American hostages
from Gaza 4 replies
The White House has issued a statement from US President Joe Biden on the release of the two American hostages released by Hamas earlier this evening.
“Today, we have secured the release of two Americans taken hostage by Hamas during the horrific terrorist assault against Israel on October 7,” Biden says.
“Our fellow citizens have endured a terrible ordeal these past 14 days, and I am overjoyed that they will soon be reunited with their family, who has been wracked with fear,” he says.
“These individuals and their family will have the full support of the United States government as they recover and heal,
Ukrainian President Volodymyr Zelensky on Friday thanked U.S. President Joe Biden for the prospect of a new multi-billion dollar aid package from Washington.
Biden, in a rare address from the Oval Office on Thursday night, said he would be asking Congress for a new round of funding for Ukraine as part of a larger request that also includes aid to Israel.
U.S. media reported that Biden would ask for 100 billion U.S. dollars in total, about 60 billion U.S. dollars of which was designated for Ukraine. The White House said details on the proposal would be made public on Friday – but whether it can get through the deeply dysfunctional U.S. Congress
Senator Tom Cotton (R-AR) declared that Biden’s $100B aid package for Ukraine, Israel, and domestic security is dead on arrival in the Senate.
Cotton calls it a slush fund and he’s not wrong. The largest disbursement would go to Ukraine. The aid package includes $60B for Ukraine, $14B for Israel, and $14B for the southern border. There is $7.4B for Taiwan and allies in the Indo-Pacific, and $10B for humanitarian aid in Ukraine, Israel, and Gaza. As you see, the amount allocated to Ukraine is disproportionally larger than anything else.
The senator called out the $11.8B for Ukraine, for example, that is included for Ukraine’s “non-war spending”
In an unprecedented scene, a Saudi Arabian reporter grilled the leader of Hamas, Khaled Mashal, on Friday.
Mashal, who lives in the lap of luxury in Qatar while demanding women and children sacrifice themselves for him, was quite obviously caught off guard by the line of questioning. You can see him get visibly angry at times, perhaps due to an expectation that he'd be allowed to spew his normal talking points without any pushback.
The video is obviously in Arabic but is subtitled throughout. The pressure in the interview starts immediately, with a question about Hamas launching its new war against Israel without any backing from other Palestinian groups or Arab
The federal judge overseeing Donald Trump’s 2020 election interference case in Washington agreed Friday to temporarily lift her narrow gag order. The ruling gives Trump’s lawyers time to prove why the former president’s comments should not be restricted as the case heads toward trial.
U.S. District Judge Tanya Chutkan said the gag order would remain on hold — for now — while she considers Trump’s bid to speak freely about the case as he challenges the restrictions in higher courts.
The gag order Chutkan issued Monday barred him from making public statements targeting prosecutors, court staff and potential witnesses. It’s the most serious restriction a court has placed on Trump’s inflammatory rhetoric,
Biden Lets Loose on Bibi and Jim Jordan
as WH Walks Back His Bad Remark About
Gaza Invasion 23 replies
as WH Walks Back His Bad Remark About
Gaza Invasion 23 replies
With the Middle East blowing up, with Americans being killed and held hostage, and U.S. forces under attack, you would think maybe that would be taking up all of Joe Biden's time on Friday.
Instead, Biden had a summit meeting with EU leaders where he had trouble with his notes and told a wild story about his Uncle Frank, then attended a campaign fundraiser before he headed off to the beach for yet another weekend vacation.
But he wasn't quite done with the bad remarks for the day before he hit the beach. Reporters in attendance at the fundraiser reported on those remarks. Biden said that "the Saudis
WASHINGTON – After Rep. Jim Jordan’s bid for speaker of the U.S. House collapsed Friday, former Speaker Kevin McCarthy threw his endorsement to Rep. Tom Emmer of Minnesota, who had been making calls to GOP colleagues to determine if he would win their support for that top job.
“He is the right person for the job. He can unite the conference,” McCarthy said in a statement. “He understands the dynamics of the conference. He also understands what it takes to win and keep a majority.”
With McCarthy’s endorsement, Emmer would become the top candidate for the job, but others are also weighing a run.
Since McCarthy, R-Calif., was ousted from the speakership
Biden Received Direct Payment from Brother
after ‘Shady’ Loan Transaction, Bank
Records Reveal 7 replies
after ‘Shady’ Loan Transaction, Bank
Records Reveal 7 replies
President Joe Biden received a $200,000 personal check from his brother shortly after James Biden received a “shady” loan in the same amount, House Oversight Committee chairman James Comer (R., Ky.) revealed Friday.
James Biden’s now-bankrupt healthcare business, Americore, sent him the wire loan on March 1, 2018, the same day he paid back his influential brother, according to bank records. This is the first hard evidence linking Joe Biden to influence-peddling schemes.
In 2018 alone, Americore wired $600,000 in loans to James Biden. The president’s brother received these loans on the assumption that the Biden name “could ‘open doors’ and that he could obtain a large investment from the Middle East
TALLAHASSEE - Gov. Ron DeSantis plans to call a special legislative session to bolster state sanctions against Iran, as he and lawmakers continue taking steps to show support for Israel during the war with Hamas.
DeSantis' office Friday confirmed the decision to hold a special session but did not provide details about a date or what will be proposed. It also was unclear whether other unrelated issues could be added to the special session. "I can confirm that the strongest sanctions against Iran by any state in the nation, as proposed by Governor DeSantis, will be part of an upcoming special session," DeSantis spokesman Jeremy Redfern said in a prepared statement.
President Joe Biden’s deputies are asking Congress for $14 billion extra to help bus illegal migrants up to the U.S. border and onward into hotels in many cities and towns around the nation.
The request is being touted as “border security” even though very few funds would be used to exclude economic migrants. For example, Biden’s deputies have ushered more than 300,000 economic migrants through the U.S. border in September alone. The 2023 inflow has added up to roughly 2.5 million, not counting legal migrants and temporary workers.
Instead, much of the requested money would be used to help more job-seeking migrants reach the U.S. border, register and release them
The federal budget deficit rose to $1.7 trillion in fiscal 2023, according to data released Friday by the Treasury Department.
The gulf between how much money the federal government spent and made in revenue rose by $320 billion between fiscal 2023 — which ended September 30 — and the previous fiscal year. The fiscal 2023 budget deficit was equal to 6.3 percent of U.S. gross domestic product (GDP), up from 5.4 percent in fiscal 2022.
Biden administration officials attributed to spike in the deficit to a steep drop in federal revenue, which rose sharply during rapid economic rebound from the COVID-19 pandemic.
Former President Donald Trump was fined $5,000 by a New York judge on Friday for violating a gag order not to speak about any members of the court staff – and was warned twice about possible imprisonment.
“Donald Trump has received ample warning from this Court as to the possible repercussions of violating the gag order. He specifically acknowledged that he understood and would abide by it,” Judge Arthur Engoron said in his order Friday. “Accordingly, issuing yet another warning is not longer appropriate; this Court is way behind the ‘warning’ stage.”
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The people behind Joe Biden have put together a single $106 billion request of financial support intended to force Congress to fund the priorities of the Obama/Biden U.S. foreign policy.
The supplemental appropriations request [SEE HERE] also includes funds to support the continued flow of illegal aliens at the southern border.
WASHINGTON – […] All told, the request includes $61.4 billion for Ukraine, including $44.4 billion to provide Department of Defense equipment for the country,
Dems Praise Biden’s ‘Cognizant’
Israel Response: ‘This Is A Man That
Does Not Seem Demented’ 41 replies
Israel Response: ‘This Is A Man That
Does Not Seem Demented’ 41 replies
From a sit-down TV interview, to an Oval Office address and even a trip to a war-torn country, Democratic strategists are praising President Joe Biden’s response to the Israel-Hamas war as “cognizant” and “strong.”
Biden’s initial response to the terrorist organization Hamas’ attack on Israel came under scrutiny from prominent conservative media figures who criticized the president for failing to make frequent public statements while the war raged in the Middle East. But Democratic strategists told the Daily Caller the president has handled the Israel-Hamas war well, giving numerous public appearances and even presenting himself as a strong commander-in-chief.
CVS began pulling popular over the counter cough and cold products from its shelves today because they don't work.
The pharmacy chain is removing oral meds that contain phenylephrine as their only active ingredient, which was shown to be no better than placebo at treating a stuffy nose.
The drugs are taken by millions of Americans and include brands like Benadryl Allergy Plus Congestion, Sudafed PE, and Tylenol Cold and Flu and Severe Day & Night.
It comes weeks after a panel of advisers to the US Food and Drug Administration (FDA) ruled phenylephrine 'is not effective' at standard or even high doses when taken in pill or liquid form.
Veteran climate worrier Greta Thunberg announced Friday she has shifted her attention away from the world’s weather to focus on Israel’s fate as it fights Hamas and its associated terrorist organizations.
Thunberg took to social media and posted on X – formerly known as Twitter – to call a strike “in solidarity with Palestine and Gaza. The world needs to speak up and call for an immediate ceasefire, justice and freedom for Palestinians and all civilians affected.”
She also wants an immediate ceasefire between Israel and Hamas. Thunberg’s call for peace and harmony in the Middle East comes three days after she was arrested in London during a protest against fossil fuels.
Rep. Alexandria Ocasio-Cortez (D-NY), a leading voice of the Democrat Party’s far-left wing, is suggesting Americans must be ready to bring Palestinians to their communities.
During an interview on CNN, Ocasio-Cortez was asked whether Arab countries in the Middle East ought to open their borders to Palestinians rather than the United States.In response, Ocasio-Cortez suggested she would support such Arab countries taking in Palestinians, but Americans would also need to be open to refugee resettlement.
The exchange went as follows:
Rep. Ken Buck Gets Eviction Notice from
Landlord After Casting Vote Against Jordan
for Speaker 31 replies
Landlord After Casting Vote Against Jordan
for Speaker 31 replies
GOP Rep. Ken Buck of Colorado said he has received a notice of eviction because he refused to support Ohio Rep. Jim Jordan’s bid to become speaker of the House.
Buck appeared on NBC News’ “Meet the Press Now” on Thursday to talk about the response to his stance.
“So far I’ve had four death threats,” he said. “I’ve been evicted from my office in Colorado — I have a notice of eviction because the landlord is mad with my voting record on the speaker issue.”
Buck added that “everybody in the conference is getting this.”
Fox News chief political analyst Brit Hume said Thursday that President Joe Biden’s address to the nation was “one of the best, if not the best, speeches of his presidency.”
Hume said, “I think it may be remembered as one of the best, if not the best, speeches of his presidency. He was firm, he was unequivocal, he was strong, as he has been particularly in recent days before he went to Israel and while he was over there.”He continued, “I was struck by the fact that he spent as much time as he did on Ukraine and I think it was a good thing that he did because
The ever feckless Republican National Committee (RNC) recently announced that it is going to have NBC News host its next presidential primary debate. This seems an odd choice, if only because NBC News hates Republicans. The news organization detests President Trump, Trump voters, patriotic Americans, capitalism, traditional values, borders, the Constitution of the United States of America, straight white males,Christianity, Israel, pro-lifers, Fox News, the Second Amendment, Mike Lindell, Lee Greenwood, “anti-vaxxers,” Joe Rogan, Aaron Rodgers, fossil fuels...and those of us who reside in Middle America in general.
House Republicans voted to drop Jim Jordan as their speaker nominee in a secret-ballot vote on Friday afternoon, shortly after the House Judiciary chairman failed to secure the gavel in a floor vote for the third time this week.
Twenty-five House Republicans joined a united Democratic caucus in opposing Jordan’s third speaker bid on Friday, setting up the secret-ballot vote to strip him of the nomination. The GOP opposition to Jordan’s bid had steadily grown with each successive ballot: 2o members of the caucus voted against him on the first ballot and 22 voted against him the second time around.
Before epilepsy was understood to be a neurological condition, people believed it was caused by the moon, or by phlegm in the brain. They condemned seizures as evidence of witchcraft or demonic possession, and killed or castrated sufferers to prevent them from passing tainted blood to a new generation. Today we know epilepsy is a disease. By and large, it’s accepted that a person who causes a fatal traffic accident while in the grip of a seizure should not be charged with murder. That’s good, says Stanford University neurobiologist Robert Sapolsky. That’s progress. But there’s still a long way to go.
Mike Pence faces a cash shortage and questions
about how much longer his 2024 campaign
can survive 25 replies
about how much longer his 2024 campaign
can survive 25 replies
New York—With three months to go before the Iowa caucuses that he has staked his campaign on, former Vice President Mike Pence faces mounting debt and lagging poll numbers that are forcing questions about not only whether he will qualify for the next debate, but whether it makes sense for him to remain in the race until then.
Pence ended September with just $1.18 million left in his campaign account, a strikingly low number for a presidential contest and far less than his rivals, new filings show. His campaign also has $621,000 in debt — more than half the cash he had remaining — and is scrambling to meet donor thresholds
Rep. Jim Jordan's bid to become speaker failed for a third time on Friday, with no end in sight to the House leadership vacuum as Congress faces a deadline to avoid a government shutdown and the White House calls for urgent security assistance for Israel.
Jordan has insisted on remaining in the race despite failing repeatedly to secure the gavel as support for his bid erodes further with each consecutive vote. This time, 25 Republicans voted against Jordan, who boasts the support of former President Donald Trump. Twenty-two voted against him in the previous vote.