Current News on Current News Poll and
National News and Current National Issues
Obama Issues National Swine Flu Emergency (What Should We Do?)
President Obama has recently issued a "National Swine Flu Emergency". What does this mean? Should we begin to walk around with masks over our face and wear gloves while we pump gas? well, lets first look at a few statistics:
Swine flu has caused an estimated 1,000 deaths in the US over the period of the last year. (sounds a little scary right...) however, The regular flu (that we all have had) is responsible for an average of 30,000 deaths/year in the US (not in the world... IN THE US)... Swine flu statistics do not sound as scary anymore do they...
It is not hard to beat the H1N1 flu virus (swine flu) and even get rid of it in the US. It just takes some common" good hygiene" practices. Such practices (explained below) will help prevent you from acquiring the H1N1 virus:
1. WASH YOUR HANDS!!!: Though this sounds elementary, there are many people that do not follow this general rule. The number one way the flu virus is spread is by transferring the germs/virus via dirty hands and other body parts as well as not covering your mouth (with a cloth or clothing) when you sneeze or cough. It is no longer "good enough" to cover your mouth with your hands when you sneeze or cough because over 75% of people WILL NOT wash/sanitize their hands after doing so. Plainly put... WASH YOUR HANDS CONSTANTLY!
2. WHAT IS HAND SANITIZER?: Hand sanitizer is a gel/liquid type substance that you apply to your hands (almost like lotion) and thoroughly rub it in on your entire hands/wrists.
USE IT!!! Hand sanitizer comes in many different sizes, most of which cost less than $2.50. You can purchase a larger bottle of hand sanitizer to keep at your home and office for about $2.00 and a travel size bottle of hand sanitizer to keep in your purse, car, pocket etc. for about a buck! (Thats $1.00)
There is absolutely no reason why EVERYONE should not have some sort of hand sanitizer handy and ready for use. You should use hand sanitizer anytime BEFORE and AFTER you will be touching something that the general public comes in contact with. (ie: gas pumps, public restrooms, money (very important), shaking hands etc.)
3. AVOID PUBLIC GATHERINGS IF YOU ARE SICK: I understand that your high school reunion is going to be a lot of fun and Nancy from math class has pictures on her Facebook page that are to die for but have some common sense! If you are experiencing flu like symptoms (whether swine flu or regular flu) DO NOT GO TO PUBLIC GATHERINGS! I promise you that if you tell people "sorry I could not make it, I have the flu..." They will appreciate you more than if you showed up and were sneezing and coughing all over everyone.
4. USE YOUR DEBIT/CREDIT CARD!!! I have seen many articles that explain how to beat "swine flu" however, I have never seen this tip. When you use cash -statistically- you increase your chances of receiving/spreading swine flu by thousands, maybe even millions! Just think about how many people sneezed/coughed all over their hands before pulling that 5 dollar bill out of their pocket and giving it to the guy at McDonalds who in turn, gave it to you. If instead you use your debit/credit card, you are only touching a card that YOU handle -with the exception of buttons to enter your pin- (remember that hand sanitizer that we talked about? this is a good time to pull it out of your pocket and apply it)
If you follow these simple things that I have mentioned and share them with friends and family, It will not take long to eliminate the potential danger of the H1N1 (swine flu) virus within the US.
Please spread/share this article with many people to take your part in helping eliminate this problem.
http://www.anchorfenceonline.com
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US
Army chief of staff: more troops needed in Afghanistan
The United States' army's chief of staff, General George
Casey, said today that he believes more troops are needed in
Afghanistan.
In a US television interview with NBC's "Meet the Press"
programme, Casey said he believed additional forces are
needed to cut the Taliban's successes and train Afghan
security forces. He did not, however, say how many more
troops he thought should be sent to the war.
"I believe that we need to put additional forces into
Afghanistan to give General McChrystal the ability to both
dampen the successes of the Taliban while we train the
Afghan civilian forces," he said.
In CNN's State of the Union programme, Casey remarked that
"[t]he Army remains out of balance. But we started in 2007
with a program to get ourselves back in balance by 2011. And
since 2007, we have added 40,000 soldiers to the active
force, which is a significant step forward."
President Barack Obama has been deliberating for weeks
whether to deploy 40,000 more troops to Afghanistan, as
requested by General Stanley McChrystal, the commander of US
and NATO forces there.
Thirteen dead, several wounded in Fort Hood, Texas shooting
The United States Army has confirmed that thirteen people
have been killed after a shooting rampage at the Fort Hood
army base in Texas. An additional thirty are reported
wounded, and the gunman is in stable condition after being
shot by military police. Two other soldiers are in
detention.
The incident took place at a deployment readiness center.
According to local congressman John Carter, shooting broke
out shortly before a graduation ceremony.
The gunman has been identified as an army officer, Major
Malik Nadal Hasan. He is a mental health professional,
presumably either a psychologist or psychiatrist, according
to an unnamed defense official. Two other suspects were in
custody, the base commander, Lieutenant-General Bob Cone,
said. "Our investigation is ongoing, but preliminary reports
indicate that there was a single shooter," Cone said at a
news conference. "The shooter is not dead, but in custody in
stable condition."
Initial reports said that the gunman had been shot to death
by military police; however, General Cone now says that the
man is in custody and is in the hospital with injuries, but
is in stable condition. FOX40 News in Sacramento managed to
record a military spokesperson commenting on why the media
wasn't informed about the status of the gunman until four
hours after the initial announcement was made that he had
been fatally shot. That military spokesman replied, "the
doctors didn't know who they were working on."
When asked at the conference whether Hasan's attack might
have been a terrorist act, General Cone replied that "I
couldn't rule that out, but I'm telling you that right now
the evidence does not suggest that."
It is not currently clear if those killed and wounded are
civilian or military. The gunman is reported to have been in
uniform and using handguns. Eyewitnesses claim at least one
man was armed with a high-power sniper rifle. The chief of
media at the base, Christopher Hogue, said to reporters that
"the only one we know who was shooting was killed and he had
two handguns."
There may have been other people involved in the shooting,
however. "We [...] have apprehended two additional soldiers
that are suspects. There were eyewitness accounts that there
may have been more than one shooter," General Cone said.
Cquote1.svg Effective immediately Fort Hood is closed. This
is not a Drill. It is an Emergency Situation." Cquote2.svg
—Fort Hood official website
The Killeen Independent School District said that all
schools in the area were placed on lockdown. The base was
closed down following the incident as well. "Effective
immediately Fort Hood is closed," a statement on the Fort
Hood website read. "This is not a Drill. It is an Emergency
Situation." The website appears to have gone down shortly
after the announcement.
A serviceman at the base described his experiences to the
BBC. "I heard the emergency announcement over the speakers
outside and saw people rushing to get indoors. In our office
we're okay but we're hearing about the deaths. [...] We are
still on lockdown. I am hearing that at least nine people
may be dead."
Greg Schannep, a retired colonel, was heading to the 2 P.M.
graduation ceremony when he heard gunshots and saw an
injured soldier run past him. "Initially, I thought it was a
training exercise," he recounted, as quoted by the New York
Daily News. "A soldier came running past me and said 'sir,
there is someone shooting.' As he ran past me I saw blood on
his back. I don't think he even knew he had been shot."
Location of Fort Hood within Texas
"It's chaotic," said the director of a local coffee shop
near the base, as quoted by the Associated Press. "They're
just saying that they're under attack they don't know what's
going on. [...] The phones are jammed. Everybody is calling
family members and friends. Soldiers are running around with
M-16s."
The authorities are still gathering information about the
shooting, according to Homeland Security spokeswoman Sara
Kuban. "DoD [Department of Defense], DHS [Department of
Homeland Security], FBI and other members of the
intelligence community are assessing and gathering facts
about the shooting. Because this is early in this event, we
cannot at this time confirm motives behind these shootings,"
she said.
The Scott & White Memorial Hospital in the town of Temple
received ten of the injured victims from the attack. Its
website has posted an appeal for blood donations. "Due to
the recent events on Fort Hood, we are in URGENT need of ALL
blood types," it said. The hospital received 200 blood
donations since 2:45 P.M. local time.
The hospital was soon closed to visitors after the wounded
people were received. "[We are] no longer open to visitors
as we focus our attention upon the victims and their
families," a statement on the website said. The associate
system chief medical officer said that they did not have
specific information on their conditions. "We get patients
like this, but not usually all at once," said director Glen
Couchman.
Another health facility, the Metroplex Adventist Hospital,
received seven other victims. The hospital stated that one
of them was soon pronounced dead, and two others, including
an EMS paramedic, are in surgery.
Fort Hood is situated in the town of Killeen. It is the
largest military base in the world, houses around 40,000 US
troops, and is about 100 kilometres (60 miles) north of
Austin. It has been compared to a small town, with its own
schools, convenience stores, and even two museums.
This is not the first time Killen has witnessed a shooting
spree. The town was the site of the worst shooting spree in
American history until the Virginia Tech massacre, when on
October 16, 1991, George Jo Hennard drove his truck through
the front window of Luby's Cafeteria and proceeded to shoot
and kill 23 people and wound another 20, before commiting
suicide in what is know as the Luby's massacre. It should be
noted Major Hasan is an alumnus of Virginia Tech.
Gunman's motives and background
Hasan's motives for the shooting spree were not immediately
clear, however, Texas Senator Kay Bailey Hutchison told the
FOX news agency that "I do know that he has been known to
have told people that he was upset about going [to Iraq]."
Cquote1.svg [Going to Iraq] was probably his worst nightmare
Cquote2.svg
—Gunman's cousin
A cousin of the gunman, Nader Hasan, told FOX that his
cousin had been ordered to deploy to Iraq, but was unwilling
to do so. "We've known over the last five years that was
probably his worst nightmare," he said.
According to Nader, Nidal is a US-born Muslim who had joined
the military after finishing high school, and was a graduate
of Virginia Tech, where he received a bachelor’s degree in
biochemistry. He was also a member of the ROTC, and used to
be a psychiatrist at the Walter Reed Army Medical Center in
Washington, D.C.
"He was a psychiatrist at Walter Reed dealing with the
people coming back and [...] trying to help them with their
trauma," Nader said.
Retired colonel Terry Lee told FOX that "[Hasan] said maybe
Muslims should stand up and fight against the aggressor. At
first we thought he meant help the armed forces, but
apparently that wasn't the case. Other times he would make
comments we shouldn't be in the war in the first place."
Security officials said that some Internet postings made
half a year ago, discussing suicide bombings and other forms
of violence, appeared to have been posted by Hasan, but this
has not been officially confirmed.
"Isolated incident"
Some army bases around the US increased security measures
following the attacks. "The bottom line for us is that we
are increasing security at our gates because the threat
hasn't yet been defined, and we're reminding our Marines to
be vigilant in their areas of responsibility," said the
public affairs officer for the Marine Corps Air Station in
Yuma, Arizona, Captain Rob Dolan.
Cquote1.png We don’t have reason to believe that this is
anything other than an isolated incident Cquote2.png
—Army spokesman
However, a spokesman for the Department of Defense said that
the attack appeared to be an isolated incident. "This is an
isolated and tragic case and we're obviously in the process
of obtaining more information as the events unfold," said
Lieutenant Colonel Eric Butterbaugh.
"We don’t have reason to believe that this is anything other
than an isolated incident," an army spokesman from Fort
Lewis in the state of Washington, Joe Piek, commented. "We
don’t normally discuss security operations at the post
anyways, but I am sure this is something that our security
law enforcement will be reviewing. As we are watching and
listening, there is a lot we don't know."
Response
Cquote1.svg ...a horrific outburst of violence Cquote2.svg
—Barack Obama
President Barack Obama described the incident as "a horrific
outburst of violence" in a press conference in Washington
D.C., going on to say, "It is difficult enough when we lose
these brave men and women abroad, but it is horrifying that
they should come under fire at an army base on US soil.
[...] We will make sure that we get answers to every single
question about this horrible incident. We are going to stay
on this."
Texas Senator Hutchison released a statement regarding the
incident. "I am shocked and saddened by today's outburst of
violence at Fort Hood that has cost seven of our brave
service members their lives and has gravely injured others.
My heart goes out to their loved ones," she said.
"Our dedicated military personnel have sacrificed so much in
service to our country, and it sickens me that the men and
women of Fort Hood have been subjected to this senseless,
random violence. I know all Americans share this concern for
the soldiers and their families who are affected by this
tragedy," the statement continued.
Robert Gates, the Defense Secretary, expressed his sympathy
to those affected by the attack. "I can pledge that the
Department of Defense will do everything in its power to
help the Fort Hood community get through these difficult
times," he said in a statement.
Vice President Joe Biden also offered his condolences. "We
are all praying for those who were wounded and hoping for
their full and speedy recovery. Our thoughts and prayers are
also with the entire Fort Hood community as they deal with
this senseless tragedy," he remarked.
"I was saddened to learn of the tragic incident at Fort
Hood. Laura and I are keeping the victims and their families
in our thoughts and prayers during this difficult time,"
wrote former president George W. Bush in a statement from
his office in Dallas.
The state's governor, Rick Perry, ordered all flags in Texas
to be flown at half-staff until Sunday. "[I am] keeping
those affected by today's incidents in our thoughts and
prayers," he said.
The junior senator from Texas, John Cornyn, also issued a
statement. "My heart goes out to the victims of the tragedy
that occurred today at Fort Hood, as well as their families.
Fort Hood is one of our nation's finest and largest military
installations, and a place that has long been a source of
pride for Texans, and for all Americans who value the
selfless service and sacrifice of our men and women in
uniform," the statement read.
"It is imperative that we take the time to gather all the
facts, as it would be irresponsible to be the source of
rumors or inaccurate information regarding such a horrific
event. Once we have ascertained all the facts, working with
our military leaders and law enforcement officials on the
ground, we can determine what exactly happened at Fort Hood
today and how to prevent something like this from ever
happening again."
Obama
declares swine flu emergency in US
US president Barack Obama declared a swine flu emergency
in the country on Saturday, according to a statement
released by the White House.
Obama signed a declaration late on Friday, authorising
health secretary Kathleen Sebelius to bypass some federal
rules, in order to let health officials respond more
efficiently to the outbreak of the H1N1 virus. The move is
aimed at making it less difficult for people affected by the
virus to seek treatment, and allow medical providers to give
it immediately, bypassing potential hurdles such as health
privacy regulations.
"As a nation, we have prepared at all levels of government,
and as individuals and communities, taking unprecedented
steps to counter the emerging pandemic," the president wrote
in the declaration.
Swine flu has now been circulated in 46 of the 50 US states,
and has resulted in at least 411 confirmed deaths since the
end of August. Production of antiviral vaccines has been
slower than initially predicted, and it is likely that the
US government's targets for delivery won't be met by drug
makers, according to Thomas Frieden, the director of the
Centers for Disease Control and Preventio
US
Supreme court to hear Guantanamo Bay cases
The United States Supreme Court accepted a request
yesterday to hear a case from 13 ethnic Uighur (Chinese
Muslim) inmates. Currently held at the US military base in
Guantanamo Bay, they are requesting release to the United
States, contrary to a measure voted last week by the House
of Representatives permitting the transfer of prisoners to
the US for trial, but explicitly forbidding their release to
the US. Congress passed the legislation yesterday.
The legislation requires an assessment of potential security
risks, including what dangers are involved, how the threat
can be diminished, legal arguments and assurances about the
detainee's level of risk to the relevant state governor, to
be provided 45 days prior to prosecution in the US. Under
these measures, the President must provide Congress with the
detainee's name, destination, a risk assessment, and
transfer terms in order to release them to another country.
The Uighurs are still being detained, despite the Pentagon
clearing them of all charges in 2004. A federal judge ruled
in February that they be released to the US. However an
appeals court overturned the decision in February saying
that only the executive branch, not federal judges, had
jurisdiction on immigration matters.
The Supreme Court will hear the case in early 2010 and will
have to decide whether or not federal judges may order their
release to US soil. However, President Barack Obama promised
to close the detention centre by January 22, and the
implications for cases pending review are unclear. Of the
220 remaining detainees, 80 are awaiting release and 60
prosecution.
The Uighurs have been detained at Guantanamo for over seven
years. They are part of a group of 22 suspected terrorists
who were captured in Afghanistan and Pakistan after the
invasion in October 2001 to remove the ruling Taliban; after
being held on charges of training in Al-Qaeda camps they
were moved to the detention centre in Cuba.
The US government has made efforts to relocate the
prisoners. Five went to Albania in 2006 and another four
went to Bermuda in June. The island of Palau has said it
will take twelve, leaving just one. However, some of the
Uighurs are worried that Palau is too close to China, where
the ethnic group suffers from religious and political
discrimination and are treated as separatists in the
Xinjiang region.
Obama
signs Pakistan aid bill worth US$7.5 billion
US president Barack Obama signed a bill that will give
Pakistan US$7.5 billion worth of nonmilitary aid into law on
Thursday.
The bill was signed by the president at the White House. The
White House spokesman, Robert Gibbs, said that the law
demonstrated the "tangible manifestation of broad support
for Pakistan in the US."
The plan will provide money for projects to help fund energy
generation, roads, schools, and water resource management in
Pakistan, among other things. Congress, however, will still
need to allot the money indicated in the bill, and the bill
will need to be renewed annually.
Some members of the Pakistani parliament and military said
that they felt some of the rules laid out in the plan might
result in a breach of sovereignty. However, the Pakistani
foreign minister, Shah Mehmood Qureshi, said he believed
that the US wasn't trying to take control over his country's
internal politics.
UK
sending additional 500 troops to Afghanistan
UK Prime Minister Gordon Brown announced that an
additional 500 British troops will be sent to Afghanistan.
The UK currently has around 9,000 troops on the ground in
Afghanistan.
"I believe the decision we are announcing is consistent with
what the Americans will decide," Brown stated yesterday. His
decision was apparently made "to meet the changing demands
of the campaign, which require greater concentration of our
forces in central Helmand [Province]". A previous request
for an additional 2,000 troops was denied.
After his statement media reports suggested that the
decision was based on the United States agreeing in a
discussion with Brown to send at least 45,000, but no more
than 65,000 additional troops to Afghanistan. The White
House later denied that any agreement was reached or that
President Barack Obama had come to a decision on sending
additional troops.
"I would not put any weight behind the fact that a decision
has been made, when the President has yet to make a
decision. I've seen the report. It's not true, either
generally or specifically. The president has not made a
decision," said statement issued by White House press
secretary Robert Gibbs.
In September it was reported that Commanding general in
Afghanistan, Stanley A. McChrystal, requested an additional
U.S. 40,000 troops be sent to Afghanistan stating, "Failure
to gain the initiative and reverse insurgent momentum in the
near term (next 12 months) — while Afghan security capacity
matures — risks an outcome where defeating the insurgency is
no longer possible." The Washington Post reports the request
was sent to the White House In August and President Obama is
currently reviewing it.
There are nearly 70,000 U.S. troops currently in
Afghanistan, and 35,000 troops from other nations.
US
Senate panel approves healthcare reform bill
The United States Senate Committee on Finance approved a
proposal to reform health care on Tuesday, clearing it to
move forward. The bill passed by a 14-9 vote, gaining
support from the committee's thirteen Democrats, and one
Republican.
United States Capitol (2007)
Image: Scrumshus.
Senator Olympia Snowe was the only senator from the
Republican party to back the bill. However, she said this
might change as the bill moves through Congress.
Cquote1.png There are many, many miles to go in this
legislative journey Cquote2.png
—U.S. Senator Olympia Snowe
"There are many, many miles to go in this legislative
journey. My vote today is my vote today. It doesn't forecast
what my vote will be tomorrow," Snowe said.
President Barack Obama, who supports the bill as part of his
effort to overhaul the country's health care system,
welcomed the committee's vote. "We are closer than ever
before to passing healthcare reform but we are not there
yet. Now is not the time to pat ourselves on the back - now
is the time to dig in further and get this done. In this
final phase we should engage with each other with civility
and seriousness that has brought us this far and that this
subject deserves."
The bill, which contains a ten-year plan with an estimated
cost of US$829 billion, is aimed at lowering healthcare
costs and increasing the affordability of insurance.
Proponents will now seek to merge it with another bill from
the Senate Committee on Health, Education, Labor and
Pensions. Senate Finance Chairman Max Baucus emphasized,
"Americans want us to craft a package that will get the 60
votes needed to pass." He argued that the Finance bill was
the best candidate to attract needed the centrist support.
Critics, however, have said that the proposed plan is too
costly, and will cause the government to interfere too much
into the private healthcare sector.
"We can now see clearly that the bill continues its march
leftward," said the senior Republican on the committee,
Senator Charles Grassley. "This bill is already moving on a
slippery slope to more government control of healthcare."
Barack
Obama wins Nobel Peace Prize
U.S. President Barack Obama has won the 2009 Nobel Peace
Prize. The Norwegian Nobel Committee stated the award was
"for his extraordinary efforts to strengthen international
diplomacy and co-operation between peoples."
The award is widely viewed as surprising given that Obama
has only been in office for nine months, having been
inaugurated in January this year. He is also only the third
U.S. President to receive the prize whilst still in office,
after Theodore Roosevelt and Woodrow Wilson.
HAVE YOUR SAY
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Head of the awarding committee, Thorbjørn Jagland, stated
the prize was awarded so early "because we would like to
support what he is trying to achieve." He particularly
praised Obama's work on nuclear disarmament.
Obama was said to be "humbled" by the award.
The Nobel Peace Prize has been awarded since 1901 by a
committee elected by the Norwegian parliament. It was
established by Swedish chemist Alfred Nobel, to be given to
"the person who shall have done the most or the best work
for fraternity between the nations and the abolition or
reduction of standing armies and the formation and spreading
of peace congresses."
China
promises cut in carbon dioxide emissions
Hu Jintao, the president of China, has promised to reduce
carbon dioxide emissions produced by his country, one of the
largest polluters in the world.
Hu Jintao
In a speech to world leaders at the United Nations' climate
change summit in New York on Tuesday, the president said
that China plans to receive 15% of its energy from renewable
sources by 2020.
"We will endeavour to cut carbon dioxide emissions per unit
of GDP by a notable margin by 2020 from the 2005 level," Hu
said. He did not set a figure for the cuts, saying they will
be made based on China's economic output.
Hu encouraged developing countries "to avoid the old path of
polluting first and cleaning up later." He added that "they
should not, however, be asked to take on obligations that go
beyond their development stage, responsibility and
capabilities."
Meanwhile, Japan's new Prime Minister, Yukio Hatoyama, told
world leaders at the summit that his nation plans to reduce
greenhouse gas emissions by 25% from 1990 levels by 2020.
Prime Minister Hatoyama and President Hu also called for
financial support from developed countries to help
developing nations achieve climate change goals and
sustainable development.
US President Barack Obama, who was also at the summit,
encouraged all countries to work together to reduce their
carbon emissions.
"Our generation's response to this challenge will be judged
by history, for if we fail to meet it — boldly, swiftly, and
together — we risk consigning future generations to an
irreversible catastrophe. The time we have to reverse this
tide is running out," he said.
U.S.
and China in trade dispute
The United States (U.S.) and China this week initiated a
trade dispute over tires, auto-parts, and poultry products
just a week ahead of the 2009 G-20 trade summit in
Pittsburgh, Pennsylvania.
The most recent trade policies enacted by the U.S.
government includes a September 12 decision to impose a 35%
trade tariff on Chinese tire imports as an anti-dumping
measure. The trade policy came about as a result of a
trade-complaint initiated by the United Steelworkers Union (USW)
filed before the U.S. International Trade Commission. As
reported by Steve Levine of BusinessWeek, "In [the USW's]
trade complaint to the U.S. International Trade Commission,
the USW invoked a provision in China's 2001 accession to the
World Trade Organization (WTO) that allows protection from
surging imports from the country [China]. The union
documented a tripling of Chinese tire imports from 2004 to
2008 [...]" The Trade Commission initially recommended a 55%
tariff however, President Obama agreed to only 35%. The
trade tariff will be diminished by 5% per year for the next
three years to 25%. The deadline for President Obama's
decision was September 17. The trade tariff will take effect
on September 26, pegging rates at the new level from the
current 4%. The dispute will now move to the WTO where it
can take up to 18 months for adjudication.
To quantify the impact of the tariff, in 2008 China supplied
US$1.8 billion in tires to the U.S. or about one-third of
the U.S. market, with two-thirds of U.S. companies producing
their tires in China. It's likely that the effects of the
suit will exceed $1 billion in trade costs, as reported by
several other news agencies.
On the 14th of September, the Chinese government via its
Ministry of Commerce website, announced that they would
institute an investigation into the dumping of U.S. auto
parts and chicken products; they are also filing a complaint
at the WTO regarding this matter. A formal announcement of
trade tariffs against U.S. goods has not occurred.
The two countries' executive and economic teams will meet in
Pittsburgh for the G-20 meeting on September 24 and 25 to
discuss these and other economic issues.
White
House predicts US debt will double in 10 years
The United States Office of Management and Budget
(OMB) is predicting that the national debt of the US will
double in 10 years. Meanwhile, the Congressional Budget
Office (CBO) has raised its forecast of the 10-year
cumulative budget deficit to US$7.137 trillion, due to
increased spending. Both offices released reports on
Tuesday.
Seal of the OMB
"Over all, it underscores the dire fiscal situation that we
inherited and the need for serious steps to put our nation
back on a sustainable fiscal path," wrote Peter R. Orszag,
President Barack Obama's budget director.
"I know that there will be some who say this report proves
that we cannot afford health reform. I think that has it
backward," Orszag said in a conference call.
The CBO report predicts that public debt will exceed 61% of
gross domestic product (GDP) by the end of 2010 while
continuing to rise to 68% of GDP by the end of 2019.
"If anyone had any doubts that this burden on future
generations is unsustainable, they're gone," said Senator
Mitch McConnell, the Senate minority leader.
"Today's budget numbers send a clear signal that the time
for putting off tough choices is over and the time to act is
now," said the chairman of the Senate Budget Committee, Kent
Conrad.
"While the U.S. health care system does need to be reformed,
we cannot ignore the fiscal realities of our situation,"
said Senator Judd Gregg who is also on the Senate Budget
Committee. "We must proceed with extreme caution before
putting in place a huge and costly new program that will
threaten our economy and the future of our children."
"The administration has always said that you have to get
deficits under 3 percent of GDP to be safe. They now admit
that they will not in the next 10 years," commented Douglas
Holtz-Eakin, a former director of the CBO. "I'm stunned at
how hard they have worked to bury this."
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