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www.keithhennessey.com
| | www.gao.gov
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| | Increased federal spending in response to COVID-19, as well as rising interest rates, have added to our nation's financial woes. At $2.8 trillion, the FY 2021 budget deficit was the second largest in history-just short of the FY 2020 deficit of $3.1 trillion. These historically large deficits were due primarily to the economic disruptions caused by COVID-19-which decreased revenues in FY 2020-and the additional spending by the federal government in response to help the nation recover from the pandemic.
| | www.politico.com
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| | Tax on high-cost health insurance put off until 2018.
| | obamawhitehouse.archives.gov
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| | [AI summary] President Barack Obama issued a weekly address following the signing of the Pay-As-You-Go law, emphasizing the restoration of fiscal responsibility as a necessary step to address the national budget deficit.
| | www.keithhennessey.com
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| Yesterday President Obama sent an email on health care reform to the White House mailing list. Respectfully, here is my counterpoint. From: Keith Hennessey [mailto:kbh.blog@gmail.com] Sent: Thursday, July 30, 2009 2:00 PM To: Taxpayers Subject: What health insurance reform means for you Dear Taxpayer, If you're like most Americans, you like the health insurance you have