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"Congressional budget referees say Senate legislation that's now the foundation for President Barack Obama's health care plan would cut the federal deficit by $118 billion over 10 years. The Congressional Budget Office says the $875 billion, 10-year plan would provide coverage to 31 million people who'd otherwise be uninsured. And it says the cost would be more than offset in savings from changes in Medicare and other programs."

WASHINGTON, Jan 12, 2011 (IPS) - In one of U.S. president Dwight D. Eisenhower's most remembered speeches, he warned against "the acquisition of unwarranted influence" resulting from the close brotherhood between the country's defence agencies, Capitol Hill and private business interests.

Washington - President Obama, who is proposing his third annual budget on Monday, will say that it can reduce projected deficits by $1.1 trillion over the next decade, enough to stabilize the nation's fiscal health and buy time to address its longer-term problems, according to a senior administration official.

"Tax Cuts, Wars Account For Nearly Half Of Public Debt by 2019" 

We've studied a century's worth of social unrest and the data suggests austerity measures can lead to riots.

Ac­cord­ing to the Wall Street Journ­al: In a speech Wed­nesday, Mr. Obama will pro­pose cuts to en­tit­le­ment pro­grams, in­clud­ing Medicare and Medicaid, and chan­ges to Soci­al Secur­ity, a dis­cuss­ion he has lar­ge­ly left to De­moc­rats and Re­pub­licans in Con­gress. He also will call for tax in­creases for peo­ple mak­ing over $250,000 a year, a pro­pos­al con­tained in his 2012 bud­get, and chang­ing parts of the tax code he thinks be­nefit the wealthy. Until now, Mr. Obama has been lar­ge­ly ab­sent from the rag­ing de­bate over the long-term de­ficit. The White House has done lit­tle with the re­com­menda­tions of its own bi­par­tisan de­ficit com­miss­ion. And Mr. Obama's 2012 bud­get didn't offer many new ideas for tackl­ing en­tit­le­ment spend­ing, among the bi­ggest long-term drains on the feder­al bud­get. The White House move caught De­moc­rats in Con­gress off guard, ac­cord­ing to aides, and de­tails of the pre­sident's pro­pos­als were sketchy. Mr. Plouf­fe said the pre­sident will name a dol­lar amount for de­ficit re­duc­tion, al­though the White House would­n't pro­vide specifics. In­troduc­ing taxes into the dis­cuss­ion has the poten­ti­al to com­plicate the re­solu­tion of com­ing bud­get fights, specifical­ly the need to raise the debt ceil­ing, a move needed to pre­vent the U.S. de­fault­ing on its debt.

OBAMA CUT MEDICARE BY $$$$$$$$BILLIONS

OBAMA CUTS $700 BILLION DOLLARS IN MEDICARE FINANCES

Edited version of the ZDFmediatek interview with David Foster Wallace. This version offers David Foster Wallace's ideas, without repetitions, long pauses, interviewer's comments. Although some cuts may appear rough, there is no attempt at editorial bias or content manipulation. Mr. Wallace's archives (books in his library, notes, and writings) have been recently acquired by the Harry Ransom Center at the University of Texas Austin.

The inside story of how the Republicans abandoned the poor and the middle class to pursue their relentless agenda of tax cuts for the wealthiest one percent

When Congress updated copyright laws and passed the Digital Millennium Copyright Act (DMCA) in 1998, it ushered an era of investment, innovation and job creation.  In the decade since, companies like Google, YouTube and Twitter have emerged thanks to the Act, but in the process, they have disrupted the business models and revenue streams of traditional media companies (TMCs).  Today, the TMCs are trying to fast-track a couple of bills in the House and Congress to reverse all of that. Through their lobbyists in Washington, D.C., media companies are trying to rewrite the DMCA through two new bills.  The content industry's lobbyists have forged ahead without any input from the technology industry, the one in the Senate is called Protect IP and the one in the House is called E-Parasites.  The E-Parasite law would kill the safe harbors of the DMCA and allow traditional media companies to attack emerging technology companies by cutting off their ability to transact and collect revenue, sort of what happened to Wikileaks, if you will.  This would scare VCs from investing in such tech firms, which in turn would destroy job creation. The technology industry is understandably alarmed by its implications, which include automatic blacklists for any site issued a takedown notice by copyright holders that would extend to payment providers and even search engines.   What is going on and how exactly did we get here?

A large majority of the American people consistently support the following agenda: Tax the rich and corporations End the wars, bring the troops home, cut military spending Protect the social safety net, strengthen Social Security and improved Medicare for all End corporate welfare for oil companies and other big business interests Transition to a clean energy economy, reverse environmental degradation Protect worker rights including collective bargaining, create jobs and raise wages Get money out of politics

Wall Street Isn't Winning - It's Cheating The two-tiered justice system: an illustration 9/10/2001: Rumsfeld says $2.3 TRILLION Missing from Pentagon  The due-process-free assassination of U.S. citizens is now reality The Quiet Coup "the finance industry has effectively captured our government" What OWS is about + data behind the movement Data privacy is now extinct in the U.S. "The problem that confronts us is that every living system in the biosphere is in decline and the rate of decline is accelerating. There isn't one peer-reviewed scientific article that's been published in the last 20 years that contradicts that statement. Living systems are coral reefs. They're our climatic stability, forest cover, the oceans themselves, aquifers, water, the conditions of the soil, biodiversity. They go on and on as they get more specific. But the fact is, there isn't one living system that is stable or is improving. And those living systems provide the basis for all life." The 1% are the very best destroyers of wealth the world has ever seen The prison industry in the United States: big business or a new form of slavery? How the GOP Became the Party of the Rich: The inside story of how the Republicans abandoned the poor and the middle class to pursue their relentless agenda of tax cuts for the wealthiest one percent

Unlike his unflappable temperament, his lingering failings should and could be corrected. And they must be if his presidency is not just to rise above the 24/7 Spill-cam but to credibly seize the narrative that Americans have craved ever since he was elected during the most punishing economic downturn of our lifetime. We still want to believe that Obama is on our side, willing to fight those bad corporate actors who cut corners and gambled recklessly while regulators slept, Congress raked in contributions, and we got stuck with the wreckage and the bills. But his leadership style keeps sowing confusion about his loyalties, puncturing holes in the powerful tale he could tell.

The bill would cut the DoD's budget and use that money to make the first $35,000 each American earns tax-free.