May 21, 2009
Were the United States any other country, its bonds would lose their AAA rating. President Barack Obama plans dramatic increases in spending over the next four years on healthcare, the environment, education, and federal employment. Yet the private economy, which must be taxed, is likely to grow slowly, resulting in too much borrowing.
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May 21, 2009
WASHINGTON — Two days after his inauguration, Barack Obama signed executive orders banning harsh interrogation techniques and requiring that military detention facilities at Cuba’s Guantanamo Bay be closed within a year. Four months later, though, Congress stands in the way of the Guantanamo shutdown by withholding funds. Conservatives, led by former vice president Dick Cheney, […]
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