Archive for 2023

SUSTAINABILITY: Deficit Tops $1 Trillion in First Six Months of FY2023.

The federal deficit topped $1 trillion in the first six months of fiscal 2023 (October through March), according to the Monthly Treasury Statement released today.

This was despite the fact that federal tax revenues in the first six months of this fiscal year were $2,048,196,000,000, which was the second-highest in the nation’s history (when compared to the inflation-adjusted numbers for the tax revenues collected in the first six months of previous fiscal years).

Left unsaid: Not even near-record tax collections can cover Washington’s insatiable appetite for spending.

HARDBALL: Republicans want to make it difficult for Senate to replace Feinstein on key panel.

In response to some Democrats calling on her to resign, Feinstein, 89, asked Senate Majority Leader Chuck Schumer to find a substitute for her on the powerful committee until she can come back.

With Feinstein’s absence, the committee, split 11-10, has delayed advancing more than a dozen of President Joe Biden’s judicial nominees for full Senate confirmation.

Replacing Feinstein on the panel, even on a short-term basis, would require approval from the full Senate. Schumer could ask for unanimous consent on a resolution to make that happen, but any one Republican member could object and block it.

In that case, Democrats would have to go through a lengthy process to garner the 60 votes required to break a filibuster — meaning 10 Republicans would have to join the other 50 Democratic members to allow Feinstein’s replacement.

This would be a more exciting story if there was some indication that the GOP had any inclination to really make the Democrats bleed to get their committee change.

SEGREGATION IN THE 21st CENTURY:  For days, Syracuse University students have been conducting a sit-in, demanding, among other things, that “students of color” be permitted to select same-race roommate.  According to the article in Campus Reform, Chancellor Kent Syverud “responded, saying he spoke with students and learned that they had ‘good reason to fear’ roommates who ‘harbor views of racism.’ He stopped short of agreeing to the demand, however, saying that he is having housing experts look into it.”

TRANSPARENCY FOR THEE, NOT FOR ME: This is rich: Two U.S. non-profits linked with the Global Disinformation Index, a UK-based group pushing for advertisers to avoid selling their wares on conservative media outlets with “opaque” funding, are refusing to disclose such information about themselves, according to the Washington Examiner’s Gabe Kaminsky.