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Three Whoppers From Obama’s Speech

President Obama sure was excited about his speech yesterday. He talked for more than an hour in sweeping, grandiose terms about everything that’s happened since he became President, and everything that’s still going to happen. If only more of it were true. Here are...

Federal Deficit Up, Debt Down!

Thanks to a large draw down in the federal government’s cash on hand and to the “extraordinary measures” that the Treasury is currently taking to avoid surpassing the legal limit on the federal debt, the federal deficit and the federal debt actually went in...