Friday, August 1 2014 7:38 AM EDT2014-08-01 11:38:15 GMT
The United Nations says 1,737 people, mostly civilians, were killed in Iraq in July, marking a dramatic decline from the previous month, when some 2,400 people were killed as Sunni militants swept across large...Full Story >
Iraq's most influential Shiite cleric is appealing to politicians not to be "an obstacle" in the process of transition as Iraq nears a deadline to select its next prime minister.Full Story >
Friday, August 1 2014 7:22 AM EDT2014-08-01 11:22:40 GMT
A three-day cease-fire in the Gaza Strip has gone into effect following heavy Israel-Hamas fighting.Full Story >
A Gaza cease-fire quickly unraveled Friday as violence erupted in and around the southern town of Rafah, with 35 Palestinians killed by Israeli shelling and the military saying one of its soldiers may have been abducted.Full Story >
Friday, August 1 2014 6:33 AM EDT2014-08-01 10:33:39 GMT
Ukrainian authorities said Friday that at least 10 government troops were killed in an ambush by pro-Russian separatists in an area near the wreckage of Malaysia Airlines Flight 17, but international inspectors...Full Story >
A team of several dozen international investigators descended Friday on the Malaysia Airlines Flight 17 crash site in eastern Ukraine to begin combing an area now designated as a crime scene.Full Story >
Friday, August 1 2014 6:19 AM EDT2014-08-01 10:19:58 GMT
British Pvt. John Parr set off on his reconnaissance bike on the lookout for German troops amid the rolling farmland and woods south of Brussels in August 1914. It was the last anyone saw of 'Ole Man' Parr,...Full Story >
British Pvt. John Parr set off on his reconnaissance bike on the lookout for German troops amid the rolling farmland and woods south of Brussels in August 1914. It was the last anyone saw of 'Ole Man' Parr, the...Full Story >
It may be the most partisan argument made over the debt ceiling.
How did we get here?
Supporters of President Obama say it was all because of President Bush. The result of 2 unfunded wars, the Medicare Part D prescription drug plan and the Bush era tax cuts.
Here are the facts.
When President Bush took office in 2000, the National debt was at $5.73 trillion dollars. The CBO at that time anticipated $6 billion dollars in surplus so if nothing changed we would have had no debt.
But things did change. Sept. 11th happened. Then the wars in Iraq and Afghanistan happened.
Those unfunded wars added $1.469 trillion dollars to the national debt.
President Bush spent $608 billion on non-defense discretionary spending. The Medicare drug plan $180 billion. and just before leaving office, the 2008 stimulus cost $773 billion.
In all, President Bush, during 8 years in office took us from $5.73 trillion dollar debt to a stunning, $10.7 trillion dollars.
When President Bush left office, the national debt had doubled over 8 years. From $5.73 to $10.7 trillion dollars.
Now comes President Obama.
Under President Obama during the past 29 months, the public debt held by the United States has grown another 3.4 trillion dollars.
Among other spending, the cost of the Iraq and Afghanistan wars have not been curbed. The U.S. is now paying 3/4ths of the cost for the third war in Libya which is entirely Obama's. Plus an additional $711 billion in stimulus spending. $278 billion in new non-defense discretionary spending, $425 billion in stimulus tax cuts and $152 billion in health reform and entitlement changes.
Taking out national debt from the time President Obama took office, until now from $10.7 trillion to $14.5 trillion.
Here's what you need to know.
The arguments are just not honest. How did we get here? The answer is simple. For the past 13 years, lawmakers have spent far too much money, both Republicans and Democrats.
Which is why regardless of what plan comes out of the House or Senate, the U.S. credit rating is almost definitely going to be downgraded. Why? Because giving ourselves permission to borrow more money does nothing about how we cut our debt.
Thursday, July 31 2014 9:48 PM EDT2014-08-01 01:48:50 GMT
Green Township Police are looking for a suspect after a man robbed Kroger while wielding a butcher knife. Police say the man entered the store on North Bend Road with the knife around 10:30 p.m. Wednesday.Full Story >
Green Township Police are looking for a suspect after a man robbed Kroger while wielding a butcher knife.Full Story >
Wednesday, July 30 2014 9:12 PM EDT2014-07-31 01:12:13 GMT
The tattoo has not previously been seen widely by the public because cameras are not allowed inside Indiana courtrooms. The Indiana Office of the Courts released the photo on July 30 as part of evidence logged in by police and presented to the court by the Floyd County Prosecutor's Office.Full Story >
The tattoo has not previously been seen widely by the public because cameras are not allowed inside Indiana courtrooms. The Indiana Office of the Courts released the photo on July 30 as part of evidence logged in by police and presented to the court by the Floyd County Prosecutor's Office.