The U.S. government hits its credit limit of $14.3 trillion Monday, and the U.S. Treasury secretary will begin scrambling to find cash to float the government until August 2. While budget negotiations are being led by Vice President Joseph Biden, Geithner estimates that at least $2 trillion is needed to keep the government running. NPR's Jacob Goldstein estimates that to balance the budget, taxes will have to be raised or spending will need to be cut. By itself, spending would need to be cut by 40 percent, which is equivalent to "every penny" of discretionary spending, including the defense budget, Goldstein said.
The Phoenix Suns owner revealed to The New York Times that he is gay and will appear exclusively on CNN’s “In the Arena” on Tuesday evening. Welts, 58, who rose from ball boy to executive to team president, has already broken the news to NBA Commissioner David Stern, Hall of Famer and longtime friend Bill Russell and his star point guard Steve Nash. He wants to mentor gay people who have doubts about careers in sports, the Times reported.
The national security reporter and contributing editor to the Los Angeles Times magazine released a book Monday described as an uncensored history of America’s most secretive military base. The book, “Area 51,” was reviewed by The New York Times, which said Jacobsen finds the region located in Nevada’s remote southern desert is not so much about little green men. Rather, it is the testing ground for America’s weapons and espionage industries.
Some interesting people today!
What a gutsy man Rick Welts is!
I will read Annie Jacobsen's book.
Thank you, Joey. Appreciate you reading MIP!
Mr. Welts does sound intriguing. Ball boy to owner before the age of 58 is an impressive feat,regardless of orientation. Maybe even more so. I do find it hard to believe that he's been withthe same org for decades and his co-workers & peers were not aware of his personal life. A well kept secret perhaps. Our kids need more examples like him to be mentors. A work ethic like his is a rare thing and should be taught to as many as willing to listen.
Oh my! Now the scare mongering will start. They'll threaten Congress that the sky will fall and there will be martial law if they don't raise the debt ceiling and Congress will say OK, who do we make the check out to?
TIME TO PRINT UP A 20 TRILLION DOLLAR BILL..
The white feminist and those whites who have a long history of embarcing white supremacy will soon discover it will not be easy to get of andre himes. Neither SATAN(king of both the antebellum and hiphop nation) nor will the demon rulers of this world will be suprise by ANDRE HIMES miraculous survival in the future ,since by looking at andre forehead they knew what the white feminists and those whites who have a long history of embracing white supremacy did not know.Under racial profiling many black americans were arrested and were either martyred within the prison system by other blackhiphop inmates or were deported to AFRICA ,where many of them were martyred there and were buried in mass graves in the sudan and in the congo
*******TROLL ALERT********
THIS IS A TEST OF THE TROLL ALERT SYSTEM. IF THIS HAD BEEN AN ACTUAL TROLL EMERGENCY YOU WOULD HAVE BEEN NOTIFIED AS SUCH. THIS IS ONLY A TEST.
*******TROLL ALERT********
😉
NUKE ISLAM!
Sorry folks,I never posted that stupid comment above. Some Tea Partying idiot is trying to discredit me again!
KNUTE ROCKNE!
"NPR’s Jacob Goldstein estimates that to balance the budget, taxes will have to be raised or spending will need to be cut."
Really? What a profound statement.
$2 trillion will keep the gov't running for how long? The interest alone is mind boggling. Honestly, the entire Congress should be hanging their heads in shame during a perp walk down K Street. Term limits need to happen. A degree in econ or finance should be required as well. Fools and their money soon part ways!
What those idiots in Washington need to do is to cut all this needless military spending and get us out of these useless and unnecessary wars but unfortunately,they won't!!!
Thank you,Joey. That was a very sensible post. Too bad most people are too ignorant to get it!
You need to post under your own moniker, Fake Joey, but unfortunately, you won't.
Good post, Linari. I agree!!
Sorry Joey,I never posted the above. Now this Tea Partying jerk is trolling me,too.
Same as it ever was.
He's Viggo.... you are like the buzzing of flies again.