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Gap Widens in the Last Bush Budget

The $3.1 trillion budget President Bush sent to Congress yesterday promises to bring the federal deficit to near-record levels due to a $145 billion economic stimulus package and plunging corporate tax receipts. The budget deficit is expected to reach $410 billion in this fiscal year, just shy of the record set four years ago. The deficit for fiscal year 2009, which begins in October, is estimated at $407 billion.

Economists say that while these deficit projections are enormous, the reality is likely to be far more severe because the administration is assuming a rosy picture of economic growth that is unlikely to bear out. If growth is more sluggish, as the Federal Reserve, the Congressional Budget Office, and others predict, the deficit will balloon.

The budget, which is for the 2009 fiscal year, is a 6% increase from projected spending in this year's $2.9 trillion budget.


Scotland's best: Bannockburn, Bond or Baxter?

This means key dates such as the victory at Bannockburn in 1314, and the Act of Union in 1707 will be compared with the publication of a work of literature or a major achievement in the sporting arena. The series, with a budget in excess of £100,000, will be kick-started by TV promotions asking viewers to send in their nominations. Three half-hour programmes in November will use on-screen champions - celebrities and historians - to make their case for 30 key events. Viewers will then be encouraged to vote for their favourites online. The series will culminate in a one-hour studio debate among a seven-strong panel of Scotland's leading historians, chaired by Professor Tom Devine on St Andrew's Night (November 30), when the winner will be revealed. Events already certain to feature strongly are the Wars of Independence, in the late 13th and early 14th centuries, the 18th-century publication of the works of Robert Burns, the 1320 Declaration of Arbroath, and the 16th-century Reformation.


Michigan’s Government Showdown — or Shutdown?

Michigan's colleges and universities, already down millions in deferred state payments, are facing an incredibly uncertain fiscal climate. As legislators in Lansing bicker over a $1.75 billion statewide deficit, the threat of a government shutdown starting on Monday looms.

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OraSure Technologies Pledges Support For National Black HIV/AIDS ...

OraSure Technologies, Inc. (NASDAQ:OSUR), the market leader in oral fluid diagnostics, today announced its support of National Black HIV/AIDS Awareness Day (NBHAAD), through the distribution of complimentary OraQuick ADVANCE® Rapid HIV-1/2 Antibody Test kits and educational materials to more than 25 HIV testing sites across the country, including state and city public health departments and community-based organizations.

According to the Centers for Disease Control and Prevention (CDC), even though blacks account for approximately 13% of the U.S. population, they account for about half (49%) of the people who get HIV and AIDS. HIV/AIDS continues to be a leading cause of death among African Americans in the United States according to the CDC.

"OraSure is committed to combating HIV/AIDS in the African American community and we are proud to support National Black HIV AIDS Awareness Day," said Douglas A.


 
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