“If the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to $642 billion, the Congressional Budget Office (CBO) estimates, the smallest shortfall since 2008. Relative to the size of the economy, the deficit this year—at 4.0 percent of gross domestic product (GDP)—will be less than half as large as the shortfall in 2009, which was 10.1 percent of GDP. Because revenues, under current law, are projected to rise more rapidly than spending in the next two years, deficits in CBO’s baseline projections continue to shrink, falling to 2.1 percent of GDP by 2015.”
The Congressional Budget Office announces revised deficit productions, cutting 2013 deficit predictions by more than $200 billion and deficits over the next decade by more than $600 billion. The media hardly notices.
(Source: mediamatters.org)
Russia Sends More Advanced Missiles to Aid Assad in Syria -
Jeffrey White, a fellow at the Washington Institute for Near East Policy and a former senior American intelligence official, said Syria’s strengthened arsenal would “tend to push Western or allied naval activity further off the coast” and was also “a signal of the Russian commitment to the Syrian government.”
Aerial photos show before and after Granbury tornado (click for interactive).
The Whitehouse getting sassy on Twitter today.
So…. Republicans are editing emails to create false scandals, wasting paper and everyone’s time to vote to repeal Obamacare for the thirty-something-th time, blocking common sense gun reform, this bullshit, doing anything and everything they can to make sure absolutely nothing gets done, but President Obama’s the problem? Right. Okay.
In case you were wondering where your tax dollars go. (via)
“We know that the press corps spent most of the last week chasing a story based on an email that didn’t exist. It was fabricated by a Republican aide and then reported as fact. Sad commentary that Republicans are so dead set on embarrassing the President, the foreign service, the CIA and our military that they would actually lie to a news organization about the contents of an email and let that news organization report their lies as fact. The attack in Benghazi is an issue of life and death. We should be focused tracking down the terrorists that committed this act and bringing them to justice not on smear politics and false scandals.” — Senate Majority Leader Harry Reid
Petition to take away the Republican Party’s printing privileges.
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I’ve just discovered this gif thanks to Nancy. Expect to see it frequently in response to the politicians of my home state.