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Keyword: borrowed

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  • Obama's Borrowed More Per Household ($53,616) Than Median Household Earns ($50,502)

    04/26/2013 9:47:41 AM PDT · by Nachum · 11 replies
    CNS News ^ | 4/26/13 | Terence P. Jeffrey
    (CNSNews.com) - Under President Barack Obama, the federal government's debt has increased by an amount per household that exceeds the annual median household income. Since Obama’s first inauguration on Jan. 20, 2009, the federal debt has climbed $6,167,472,778,984.22. That equals about $53,616 for each of the 115,031,000 households the Census Bureau currently estimates are in the country. By contrast, the Census Bureau’s most recent estimate of the median household income was $50,502 (for 2011).
  • 32 States Have Borrowed from the Federal Government to Make Unemployment Payments

    05/21/2010 7:21:54 PM PDT · by NormsRevenge · 45 replies · 1,125+ views
    EconomicPolicyJournal.com has learned that 32 states have run out funds to make unemployment benefit payments and that the federal governmant has been supplying these states with funds so that they can make their payments to the unemployed. In some cases, states have borrowed billions. As of May 20, the total balance outstanding by 32 states (and the Virgin Islands) is $37.8 billion. The state of California has borrowed $6.9 billion. Michigan has borrowed $3.9 billion, Illinois $2.2 billion. Below is the full list of the 32 states (and the Virgin Islands) that have borrowed from the Fed to make unemployment...
  • Bush Borrowed More Than All Previous Presidents Combined, Group Says

    11/09/2005 7:30:30 AM PST · by SoFloFreeper · 25 replies · 941+ views
    CNS News ^ | 11/4/05 | Melanie Hunter
    CNSNews.com) - President Bush and the current administration have borrowed more money from foreign governments and banks than the previous 42 presidents combined, a group of conservative to moderate Democrats said Friday. Blue Dog Coalition, which describes itself as a group "focused on fiscal responsibility," called the administration's borrowing practices "astounding." According to the Treasury Department, from 1776-2000, the first 224 years of U.S. history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions, but in the past four years alone, the Bush administration borrowed $1.05 trillion. "The seriousness of this rapid and increasing financial...
  • We Bergered the 2004 DNC Convention Guide!

    07/22/2004 12:34:44 PM PDT · by Registered · 116 replies · 4,836+ views
    RegisteredMedia ^ | 07.22.04 | Registered-MAF
    We Bergered the 2004 DNC Convention Guide!That's right!  Just like Sandy Berger did when he walked into the National Archives and stuffed TOP SECRET 9-11 documents down his pants, we walked into the DNC's Printer and "inadvertently" grabbed a Convention Guide and stuck it down our pants!  We've scanned in the front and back covers for you to see!  This is sure to be one of the most "entertaining" and informative Democratic conventions we've ever seen! To see the full versions of the covers click the thumbnail image or the link below the thumbnails!Click the Image or this Link to...
  • "Somthing Old, Somthing New, Somthing Borrowed, Somthing Blue"

    04/25/2004 12:05:29 PM PDT · by tall_tex · 3 replies · 259+ views
    Self
    This quote is recessed in my aged memory. My son will wed early next month. I want to give the gifts to his new bride that represent this quote. Do any of my fellow FReepers know the original source? Thankful for any help.