The Funnies
Election 2012 Edition
By Pat Bagley
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The Funnies
Obamacare Edition
By Chris Weyant The Huffingtin post reports: The Supreme Court plunged into debate today on the fate of the Obama administration's overhaul of the nation's health care system, and the justices gave every indication they will not allow an obscure tax law to derail the case. A decision is expected by late June, in the midst of a presidential election campaign in which all of President Barack Obama's Republican challengers oppose the law and promise its repeal if the high court hasn't struck it down in the meantime.
The long, winding, bumpy-ass road to the White House: Romney's win
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US deficit falls slightly to $1.1 trillion
By Clay Bennett NBC News reports : A new budget report released yesterday predicts the U.S. government will run a $1.1 trillion deficit in the fiscal year that ends in September, a slight dip from last year but still very high by any measure. A previous estimate was for $973 billion. The Congressional Budget Office report also says that annual deficits will remain in the $1 trillion range for the next several years if Bush-era tax cuts slated to expire in December are extended, as commonly assumed. The CBO is a non-partisan budget analyst for Congress. If the CBO estimate for this year's deficit proves accurate, fiscal year 2012 would be the fourth consecutive year of federal budget deficits topping $1 trillion. The shortfall registered $1.3 trillion in fiscal 2011, up from $1.29 trillion in 2010. It reached $1.42 trillion in 2009, the highest ever. The report is yet another reminder of the perilous fiscal situation the government is in, but it is commonly assumed that little will ...
