CBO report says US deficit to skyrocket
in next decade
Posted By: Dreadnought, 2/7/2024 7:09:24 PM
The nonpartisan Congressional Budget Office (CBO) released a report Wednesday projecting that federal budget deficits will skyrocket to well over $2 trillion per year in the next decade. The baseline in the CBO’s annual budget and economic outlook covers the 2024 to 2034 period and projects that the budget deficit will rise from about $1.6 trillion in 2024 to $2.6 trillion in 2034, with deficits topping $2 trillion each year after 2031. As a percentage of gross domestic product (GDP) – or the size of the U.S. economy – the deficit rises from 5.6% of GDP in 2024 to 6.1% of GDP in 2034. That comes after the percentage briefly
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Israeli prime minister Benjamin Netanyahu has ordered the Israel Defense Forces to devise plans to evacuate the civilian population of Rafah, a city on the border between the Gaza Strip and Egypt’s Sinai Peninsula, ahead of an expected invasion.
The city is the site of the Rafah Border Crossing, the sole point of entry between Gaza and Egypt. The four Hamas battalions the IDF has not yet destroyed at this point in its counteroffensive in response to the October 7 attack are believed to be in the city, which Israel hit with air strikes Thursday night into Friday morning.
The United States is expected to push back against the ground operation
Joe Biden is seething.
Today's report into his handling of confidential documents he took when he was a senator and vice president ruled out criminal charges, but it has raised other serious questions.
It labelled Biden as a "sympathetic, well-meaning, elderly man with a poor memory".
After reading both the report and seeing the news coverage of it, the president knew he needed to counter the narrative.
So he decided to utilise the bully pulpit of the presidency and called a hastily arranged press conference at the White House.
"I know what the hell I am doing. I am president
‘Five-Alarm Fire’: CNN Panel Delivers
Brutal Assessment Of Biden Press Conference
On Special Counsel 6 replies
Brutal Assessment Of Biden Press Conference
On Special Counsel 6 replies
A panelist on CNN said Thursday that the White House faced a “five-alarm fire” after President Joe Biden gave a combative press conference taking issue with a report by special counsel Robert Hur. Biden lashed out during the press conference about coverage of special counsel Hur’s report, which found Biden deliberately kept classified documents but declined to charge him. In the report, Hur noted Biden reportedly had forgotten the death of his son, Beau Biden, as well as when he served as vice president, describing the president as “a sympathetic, well-meaning, elderly man with a poor memory.” “I don’t think he did himself any favors in that speech,”
Rep. Claudia Tenney (R-N.Y.) called on members of the Biden administration to “explore” removing President Biden under the 25th Amendment after a special counsel cleared him of any wrongdoing but painted him as an elderly man with a failing memory.
In a letter obtained by Fox News Digital, Tenney reportedly wrote to Attorney General Merrick Garland Thursday night to share her “grave concerns.” “After concluding that President Biden knowingly and willfully removed, mishandled, and disclosed classified documents repeatedly over a period of decades, Mr. Hur nevertheless recommended that charges not be brought against him,” her letter said. “Special Counsel’s reasoning was alarming.”
As part of special counsel Robert Hur’s investigation into Joe Biden, he reviewed interviews conducted by a ghostwriter with Biden after he left office. The former vice president was “painfully slow,” Hur’s report notes, with ” limited precision and recall.”
This is in 2017 — three full years before he ran for president.
What Hur has proven is that Joe Biden’s cognitive decline is not new, and it certainly wasn’t a secret. Jill Biden knew. His aides knew. Heck, James Clyburn, the entire Democratic establishment knew.
Yet, terrified that Bernie Sanders would win the nomination and then fail to take down their mortal enemy, Donald Trump, they propped up Biden
It came out of the blue. The White House announced that Joe Biden would deliver remarks at 7.45pm – giving the press just 23 minutes to prepare. What the sudden speech would be about, no one knew. The element of surprise and uncertainty was reminiscent of the Donald Trump era.
As it happened, many White House correspondents were at a meeting near the Watergate building about a mile and a half way. The Guardian was among four who jumped in a car, raced across town and sprinted up sedate Pennsylvania Avenue, greeting the Secret Service in a breathless and disheveled state.
Perhaps the press were about to witness history.
Joe Biden's national address and presser in the wake of the release of Special Counsel Robert Hur's report was an utter mess and a huge mistake.
He did everything to confirm his diminished capacity, angrily snapping at reporters, denying things that were in the report, and even claiming the leader of Egypt was the leader of Mexico. It was a mess. It was too much for even CNN to take.
CNN legal analyst Elie Honig laid out how serious this was, acknowledging that Biden retained "sensitive, classified" documents that were of the highest classification.
"Marked classified, Highest level, Top Secret,"
As is obvious to everyone who watched it, President Joe Biden's impromptu address to the nation Thursday night was an unmitigated disaster. He was late (as usual), immediately lied about what Special Counsel Robert Hur's report found, exhibited memory issues, indignantly responded to press questions, looked like a deer in headlights when the cacophony of press questions got a little loud, and confused Egypt and Mexico when answering a question about Gaza.The only people disagreeing with this so far is CNN's Van Jones,
The world’s second richest man, X owner Elon Musk, is exposing and avenging diversity, equity and inclusion (DEI) discrimination in a series of damning posts on X. Musk revealed on Tuesday alleged internal documents from Disney, showing what he characterized as the “mandatory, institutionalized racism and sexism” in Disney’s inclusion standards. Stunningly, Musk followed up with a major promise: the individuals whom Disney discriminated against will receive legal support. “Here is the full racist, sexist, etc discriminatory set of laws enforced by Disney’s DEI Gestapo,” Musk said, also sharing a screenshot of the alleged Disney document. The purported document showed Disney offered preferential treatment
The spotlight was on President Biden’s failing mental faculties Thursday night following Special Counsel Robert Hur’s report on the classified documents in his garage. The report declined to indict the President partially because investigators thought Biden’s failing memory would give a jury pause. And in a press conference to address the report, Biden lashed out at the special counsel and journalists like Fox News’s Peter Doocy and made multiple mental fumbles that only added evidence to the argument. Instead of calling on pre-selected members of the White House press pool picked out by his staff, as usual, Biden opened the floor to questions after his remarks.
The Twilight of Joe Biden
6 replies
We may well look back on February 8, 2024 as the specific moment in time Joe Biden’s bid for reelection was lost. The report of the special prosecutor issued this afternoon effectively said Biden was guilty of willfully mishandling classified documents—but that he could not be successfully prosecuted (and would not be until he was out of office anyway) because he is a nice senile old man and no jury would convict him.
Democrats and others expressed outrage at the way special prosecutor Robert Hur chose to explain this decision—but what else exactly was Hur supposed to say? He had to produce a report. He had to lay out why
At Democratic retreat, House members worry
border concerns will overshadow abortion
in 2024 6 replies
border concerns will overshadow abortion
in 2024 6 replies
LEESBURG, Va. — With the Senate asylum and border deal firmly in the grave, some House Democrats say they are worried border security could overshadow reproductive rights as the key campaign issue in the 2024 elections.
Their fears are especially focused on suburban swing districts in blue states where abortion rights are already protected and a fight over the border may hurt Democrats in seats that could determine which party controls the majority next year.
“I’m concerned that in blue states where reproductive rights are already protected, does the border become more salient than the threat to reproductive rights near metropolitan areas?” one moderate
Most Active Articles (last 48 hours)
Donald Trump called for a cease-fire in the culture war over Bud Light’s transgender fiasco – a move that provoked critics to claim he was getting “bought out” by mega-brewer Anheuser-Busch.
The former president took to his social media platform Truth Social on Tuesday and declared that Anheuser-Busch was “not a woke company” and that it had already paid a “very big price” for Bud Light’s ad campaign featuring transgender social media influencer Dylan Mulvaney. Trump added that it was time to move on from outrage over the ads, which he called “a mistake of epic proportions.”
The former president noted that Anheuser-Busch “spends $700 million a year with our great
We've written before about the slow but steady erosion of support from black and Hispanic voters for the Democratic Party, something that became very pronounced during Donald Trump's presidency as he and the RNC courted core left-wing voting blocs by explaining they had a lot more in common with the GOP than they did Democrats. Since Trump left office, the decline in alliances among these same voters for Democrats has continued, but the most recent numbers from Gallup on this front suggest that Dems aren't looking at just a trickling loss of support but a flood as fed-up black and Hispanic Americans are saying "adios" to Democrats in droves:
Climate czar John Kerry is leaving his job with the Biden administration, as we reported.
He’s exiting that job to work for Joe Biden’s reelection campaign. But hopefully, they will both get tossed out of their “jobs” with the vote in November. But there's news that's not good for Kerry, and I wonder if it may have anything to do with him heading for the exits.
The House Oversight Committee has launched an investigation into Special Envoy for Climate Kerry for frequently meeting with climate and environmental activists. Comer demanded unreacted documents and communication related to Kerry's "collusion with leftist environmental groups," as well as information about Kerry's secretive office
President Joe Biden on Wednesday twice referred to the late German chancellor Helmut Kohl instead of former Chancellor Angela Merkel while detailing a 2021 conversation at campaign events.
It was the second time this week that Biden had recalled speaking with a European leader who had died years earlier.
Biden's gaffes Wednesday came at a series of fundraisers in New York as he described conversations he said he had with European leaders at a meeting of the Group of Seven industrialized nations in the U.K. in 2021, months after the Jan. 6 riot.
Biden said at both events that "Helmut Kohl," who died in 2017, had asked him how he
‘A nightmare’: Special counsel’s
assessment of Biden’s mental fitness
triggers Democratic panic 24 replies
assessment of Biden’s mental fitness
triggers Democratic panic 24 replies
WASHINGTON — President Joe Biden sidestepped any criminal charges as the investigation into his handling of classified documents concluded, but the political blowback from the special counsel’s report Thursday could prove even more devastating, reinforcing impressions that he is too old and impaired to hold the highest office.
Special counsel Robert Hur’s portrait of a man who couldn’t remember when he served as Barack Obama’s vice president, or the year when his beloved son Beau died, dealt a blow to Biden’s argument that he is still sharp and fit enough to serve another four-year term.
Hawaii's highest court ruled Wednesday that Second Amendment rights as interpreted by the U.S. Supreme Court do not extend to Hawaii citizens, citing the "spirit of Aloha." In the ruling, which was penned by Hawaii Supreme Court Justice Todd Eddins, the court determined that states "retain the authority to require" individuals to hold proper permits before carrying firearms in public. The decision also concluded that the Hawaii Constitution broadly "does not afford a right to carry firearms in public places for self defense," further pointing to the "spirit of Aloha" and even quoting HBO's TV drama "The Wire."
America last!
The U.S. Senate has cast a contentious vote, advancing a massive $95 billion foreign aid package that supports Ukraine, Israel, Gaza, and Taiwan, but notably omits any provisions for bolstering U.S. border infrastructure.
In a 67-32 cloture vote, the Senate crossed party lines, with several RINO senators joining Democrats to move the foreign aid bill forward.
Republicans who joined Democrats in voting in favor include: Lisa Murkowski (R-AK)
Mitch McConnell (R-KY)
Bill Cassidy (R-LA)
Roger Wicker (R-MS)
Todd Young (R-IN)
Susan Collins (R-ME)
Shelley Moore Capito (R-WV)
John Kennedy (R-LA)
John Thune (R-SD)
Dan Sullivan (R-AK)
Mitt Romney (R-UT)
Joni Ernst (R-IA)
Mike Rounds (R-SD) Thom Tillis (R-NC)
John Cornyn (R-TX)
Chuck Grassley (R-IA)
Jerry Moran (R-KS)
Resettle Gazans to End the Endless War
21 replies
The Biden administration thinks that a reformed Palestinian Authority (PA) could run a post-war Gaza Strip at peace with Israel, but that ignores several inconvenient facts:
1) The latest poll of Palestinian public opinion shows that the PA is deeply unpopular.
2) The same poll shows that 72% of respondents supported the massacre of October 7. But somehow a new Palestinian state in Gaza would embrace coexisting with Israel?
3) The PA has an abysmal track record of corruption and was too weak to prevent a Hamas-led coup in Gaza, less than two years after Israel’s withdrawal. So why would the PA perform any better this next time?
The Department of Justice released its long-awaited investigation into President Joe Biden's mishandling of classified documents Thursday, delivering a damning assessment that he was an 'elderly man with a poor memory.'
Although the report did not recommend bringing charges against the 81-year-old , it provides a cascade of damaging findings about files found in Biden's garage as well as the president's fitness for office.
In interviews with investigators, Biden became muddled about the dates he was vice president and could not even remember the year in which his son Beau died.
Biden's memory is 'hazy' and 'poor,' says
a special counsel's report raising questions
about his age 19 replies
a special counsel's report raising questions
about his age 19 replies
WASHINGTON -- The longstanding concerns about President Joe Biden's age and memory intensified on Thursday after the release of a special counsel's report investigating his possession of classified documents. The report described the 81-year-old Democrat's memory as “hazy,” “fuzzy,” “faulty,” “poor" and having “significant limitations.” It noted that Biden could not recall defining milestones in his own life.
Biden won't be charged in classified docs
case; special counsel cites instances
of 'poor memory' 19 replies
case; special counsel cites instances
of 'poor memory' 19 replies
WASHINGTON — Special counsel Robert Hur has declined to prosecute President Joe Biden for his handling of classified documents, but said Biden’s practices “present serious risks to national security” and added that Biden portrayed himself as an “elderly man with a poor memory” who would be sympathetic to a jury.
“Our investigation uncovered evidence that President Biden willfully retained and disclosed classified materials after his vice presidency when he was a private citizen,” the report said, but added that the evidence “does not establish Mr. Biden’s guilt beyond a reasonable doubt.”
Biden said Thursday he was “pleased to see they reached
Pop star Taylor Swift reportedly sold one of her gas-guzzling private jets for $40 million amid threats to sue a college student who has been tracking her emissions. The “Karma” singer, meanwhile, is keeping her larger plane.
Swift sold her Dassault Falcon 900LX on January 30 to the Missouri-based car insurance company Car Shield, according to documents obtained by Daily Mail.
The move comes as Swift threatens legal action against a Florida college student who uses publicly available flight data to track her private jet usage. The singer drew criticism over a cease-and-desist letter her lawyers sent to the student.