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ABC NEWS: Obama Prescription for America
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FRONTLINE: BREAKING THE BANK
Available June 16, 2009
FRONTLINE: THE MADOFF AFFAIR
April 2009
FRONTLINE: INSIDE THE MELTDOWN
 Feb 2009

FRONTLINE: TEN TRILLION AND COUNTING
March 2009

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FRONTLINE: SICK AROUND AMERICA
March 2009
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FRONTLINE: Can You Afford to Retire?
Secret History of the Ctedit Card

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STIMULUS DEBATE

Leap in U.S. debt hits taxpayers with 12% more red ink
USA Today May 29, 2009
http://www.usatoday.com/news/washington/2009-05-28-debt_N.htm?poe=HFMostPopular
When ‘Deficit’ Isn’t a Dirty Word
NY Times March 2009

http://www.nytimes.com/2009/03/22/business/economy/22econ.html?emc=eta1
Mark Zandi Chief Economist
Moodys.com: Zandi on Stimulus
.
http://www.economy.com/mark-zandi/default.asp?src=economy_homepage
Economists Debate the Quickest Cure
NY Times Jan 2009
http://www.nytimes.com/2008/01/19/business/19stimulus.html?_r=1
Partisanship Emerges in Stimulus Debate
US News Feb 2009
http://www.usnews.com/usnews/politics/bulletin/bulletin_090209.htm
PRO: Paul Krugman, Princeton Univ.
http://krugman.blogs.nytimes.com/?scp=2&sq=PAUL%20KRUGMAN&st=cse
CON: Michael Thompson
http://www.associatedcontent.com/article/1455345/economic_stimulus_package_and_national.html

David Walker (former Comptroller General, President of
Peter G. Petersen Institute) Interview on Stimulus Plan
Mr. Walker expressed skepticism about the $500-per-person and $1,000-per-couple "Making Work Pay" tax credits, which the administration wants to distribute to 95 percent of workers.
"Ninety-five percent is not 'targeted,'" Mr. Walker said. ”

http://www.washingtontimes.com/news/2009/jan/27/stimulus-bill-a-moving-target/
 

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OBAMA BUDGET/DEFICIT
A Preliminary Analysis of the President’s Budget and an
Update of CBO’s Budget and Economic Outlook
March 20, 2009
CBO REVISED DEFICIT ESTIMATE March 20, 2009 Based on Obama Budget
 defict_cbo

http://www.cbo.gov/ftpdocs/100xx/doc10014/03-20-PresidentBudget.pdf

President’s 2010 Budget
http://www.whitehouse.gov/omb/budget/
President’s Message PDF
http://www.whitehouse.gov/omb/assets/fy2010_new_era/President's_Message1.pdf

Federal budget deficit sets March record
as it soars to $192.3B
USA Today April 10, 2009
By Martin Crutsinger, AP Economics Writer
WASHINGTON — The Treasury Department said Friday that the budget deficit soared to $192.3 billion in March and is nearing $1 trillion just halfway through the budget year, largely because of mounting costs of the financial bailout and recession.
Last month's deficit, a record for March, was significantly higher than the $150 billion that economists expected.
The deficit already totals $956.8 billion for the first six months of the budget year, also a record for that period. The Obama administration projects the deficit for the entire year will hit $1.75 trillion.

http://www.usatoday.com/money/economy/2009-04-10-march-budget-deficit_N.htm

Budget projects deficit will quadruple, jump to $1.75T 
USA TODAY Feb 26, 2009
WASHINGTON — Federal deficits would remain above $500 billion annually for the next decade under the budget proposed by President Obama Thursday, sending the
 federal debt soaring to $23 trillion by 2019.
The deficit this year would jump to a record $1.75 trillion, nearly quadrupling the 2008 figure.
http://www.usatoday.com/money/economy/2009-02-26-deficit_N.htm 
A warning for Obama on deficits
Boston Globe Feb 23, 2009
http://www.boston.com/news/nation/washington/articles/2009/02/23/a_warning_for_obama_on_deficits/

Official: Obama aims to halve federal deficit
USA Today Feb 22, 2009
http://www.usatoday.com/news/washington/2009-02-21-obama-deficit_N.htm?POE=click-refer
WASHINGTON (AP) — President Obama wants to cut the federal deficit in half by the end of his first term, mostly by scaling back Iraq war spending, raising taxes on the wealthiest and streamlining government, an administration official said Saturday as the president worked to finalize his first budget request

STATS
U.S. Deficits / U.S. Budgets
 Congressional Budget Office
2000 FED SURPLUS:
$236.2 BILLION*
2009 PROJECTED U.S. FEDERAL DEFICIT (CBO) Feb 2009 estimate
$1,186 BILLION (1.186 TRILLION)
CBO REVISED DEFICIT ESTIMATE March 20, 2009 Based on Obama Budget
$1.845 Trillion (2009); $1.379 Trillion (2010)

PER PRESIDENT OBAMA’S BUDGET White House Office of Management and Budget) FY 2010:
$1.75 TRILLION

U.S. FEDERAL DEBT
OFFICIAL US GOVT. TREASURY STATS:
http://www.treasurydirect.gov/NP/BPDLogin?application=np
END OF BUSH 43 2ND TERM:
JAN 19 2009 10,626,877,048,913.08
JAN 21, 2005 $7,614,468,360,651.30
END OF CLINTON 2ND TERM:
JAN 19 2001  $5,727,776,738,304.64
JAN 21,1997 $
5,310,267,076,516.85
END OF BUSH 41 ONLY TERM:
Jan 20 1993 $4,188,092,107,183.60


Congressional Budget Office Historical Budget Data
http://www.cbo.gov/budget/historical.shtml


National Debt Clocks :
 ZFacts National Debt Clock

National Debt Clock
www.brillig.com/debt_clock
 

National Debt Graphs by President/Year 1950-Now
http://zfacts.com/p/318.html

National Debt Graphs by President/Year 1937-Now
http://www.cedarcomm.com/~stevelm1/usdebt.htm

Budget Explorer: Yearly Deficit and Total Debt 1969-Now
www.kowaldesign.com/budget/

www.PerotCharts.com
 

PERSONAL FINANCE / HOUSING / COLLEGE / RETIREMENT
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ONLINE PUBLICATIONS
Concord Coalition
(BI-PARTISAN)
Concord Coalition Says That New CBO Numbers Demonstrate The High Cost Of Abandoning PAYGO
(March 20, 2009)
WASHINGTON -- With today’s release of a Congressional Budget Office (CBO) report estimating that the President’s budget would result in annual deficits averaging more than $900 billion over the next 10 years, The Concord Coalition pointed out that much of the fiscal damage would be caused by abandoning pay-as-you-go rules (PAYGO) for $2.6 trillion of policy decisions -- the largest of which would permanently extend most of the tax cuts due to expire over the next two years.
“The deficit and debt numbers in today’s report are truly staggering. We cannot afford to follow the path projected for the President’s budget by CBO. Within 10 years, debt would double and interest costs would be three times higher as a share of the economy. With the baby boomers moving into their retirement years, there is no reason to believe that the numbers would not deteriorate further unless we make some very hard choices. A good place to start would be to enforce PAYGO, not just for new initiatives as the President says he will do, but for existing policies as well. If we don’t, it will be much harder to get back to a more sustainable fiscal course,” said Robert L Bixby, Executive Director of The Concord Coalition. . . .”
The biggest single proposal in the Obama budget contributing to the deterioration in the 10-year budget outlook is not spending on bailouts or stimulus or even longer-term health care reform, and not temporary tax cuts that are designed to provide immediate stimulus to the economy at only near-term cost, but rather permanent extension of most of the 2001 and 2003 tax cuts ”
CBO_March_Update_Chart
http://www.concordcoalition.org/press-releases/2009/0320/concord-coalition-says-new-cbo-numbers-demonstrate-high-cost-abandoning-pay

Taking Back Our Fiscal Future
http://www.concordcoalition.org/publications/2008/0331/taking-back-our-fiscal-future
 Brookings Institute
  (Non-Partisan):
Brookings Budget Deficit Page:
http://www.brookings.edu/topics/budget-deficit.aspx
Taming The Deficit


Peterson Foundation 

Peterson Institute for International Economics
(NON-PARTISAN)

United States As a Debtor Nation
FREE ONLINE PUBLICATION (PDF)

“NO FREE LUNCH” (2007) by Peter G. Peterson:
http://www.thefreelibrary.com/No+free+lunch.-a0166934086

 Congressional Budget Office
HISTORICAL BUDGET DATA
http://www.cbo.gov/budget/historical.shtml
MONTHLY BUDGET REVIEW
http://www.cbo.gov/publications/bysubject.cfm?cat=35
BUDGET PROJECTIONS
http://www.cbo.gov/doc.cfm?index=9706
AN ANALYSIS OT THE PRESIDENT’S BUDGETARY PROPOSALS FOR FISCAL YEAR 2009
http://www.cbo.gov/doc.cfm?index=8990

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