US Debt Hits $16 Trillion Mark
The U.S debt reached $16 trillion, the U.S. Treasury Department announced Tuesday, thehill.com reported. Republicans argue that excessive government spending has triggered the massive shortfall, while Democrats argue the Bush tax cuts of 2001 and 2003 devastated government revenue -- creating a gap between expenditures and receipts.
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Big Grain Companies Reap Profits As Global Food Prices Soar And Poor Go Hungry
Global food prices spiked 10 percent in July, following unprecedented summer droughts and record high temperatures that devastated agricultural production in the U.S.
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Supreme Court Health Care Decision – Will It Boost Obama Or Romney More?
If someone asks you which candidate, President Barack Obama or Republican Party nominee-designate Mitt Romney, is likely to benefit more, electorally, from the U.S. Supreme Court 's stunning decisin Thursday to uphold the U.S. health care reform act, mention to him/her, "It may have little impact,overall." To be sure, a strong argument can be made that former Massachusetts Gov
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US National Debt – 5 Times Greater Than The Government Admits
The IOU that's being laid on the doorsteps of U.S. taxpayers in the form of the national debt is far greater than most Americans realize
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