Economy & Investments, News, Politics

Obama’s ‘Year of Action’: Golf, Dinners, Fundraisers and More Golf

State of Union

Had you noticed we were enjoying a “Year of Action”? Are you enjoying it?

On Saturday President Obama enjoyed his 11th golf outing of the year before heading off to the White House Correspondents’ Dinner. Today the president meets with President Ismail Omar Guelleh of Djibouti and then hosts a Cinco de Mayo reception in the Rose Garden. Later this week, the President will attend four Democratic fundraisers in California.

But perhaps the clearest sign of the “Year of Action” is in the results.

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Archives, Economy & Investments, Headlines, News

$634,320,919

It’s been one full week since the flagship technology portion of the Affordable Care Act (Obamacare) went live. And since that time, the befuddled beast that is Healthcare.gov has shutdown, crapped out, stalled, and mis-loaded so consistently that its track record for failure is challenged only by Congress.

The site itself, which apparently underwent major code renovations over the weekend, still rejects user logins, fails to load drop-down menus and other crucial components for users that successfully gain entrance, and otherwise prevents uninsured Americans in the 36 states it serves from purchasing healthcare at competitive rates – Healthcare.gov’s primary purpose. The site is so busted that, as of a couple days ago, the number of people that successfully purchased healthcare through it was in the “single digits,” according to the Washington Post.

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MYSTERY: Treasury Says Debt Up $0 in August

(CNSNews.com) – The federal deficit increased by $146 billion in August, according to a report released today by the Congressional Budget Office. But, at the same time, according to the U.S. Treasury, the federal debt did not increase at all during the month.

Total federal receipts were $185 billion during August, according to the CBO, while total federal outlays were $331 billion. Thus, the Treasury was forced to engage in $146 billion in deficit spending.

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