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Cost of air conditioning for U.S. troops in MidEast more than NASA budget

The United States spends $20.2 billion annually on air conditioning for troops stationed in Iraq and Afghanistan — more than NASA’s entire budget, NPR reported. In fact, the same amount of money that keeps soldiers cool is the amount the G-8 has committed to helping the fledgling democracies in Tunisia…

Stimulus efforts curbed by deficit: Geithner

WASHINGTON (AFP) – The massive US budget deficit means the United States will be unable to use deficit spending to stimulate the economy for many years to come, Treasury Secretary Timothy Geithner said Friday. “It’s not going to be possible in the next decade. We’ve lost the chance,” Geithner told…

IMF: Greek debt could trigger fresh global crisis

The International Monetary Fund warned Monday that Greece’s ongoing public debt crisis could result in a new global financial catastrophe if the European Union does not act quickly to stabilize the situation. While the fund did note that the European recovery does seem to be moving on pace, the Greek…

Wisconsin Supreme Court reinstates law stripping public workers of collective bargaining rights

The Wisconsin Supreme Court on Tuesday reinstated Republican Gov. Scott Walker’s “budget repair bill” after a Dane County judge blocked the law from being implemented in May. The Milwaukee Journal Sentinel reported that the state’s Supreme Court ruled that a Senate committee did not violate Wisconsin’s open meetings law when…

Exclusive: Christians must reject Ayn Rand, faith-based group tells Raw Story

During this time of financial crisis and talk of severe austerity measures in nearly every statehouse across the nation, the philosophy of author Ayn Rand has become a rallying cry for many leading Republicans who see her as something of a patron saint to American capitalism. But before evangelicals fully…

Embattled Wisconsin Republicans court Rep. Paul Ryan’s support in recall fight

Wisconsin Republican state senators are seeking Rep. Paul Ryan (R-WI), author of the proposed Republican budget plan, to join their fundraising efforts as they face recall elections. Ryan, chairman of the House Budget Committee, is one of the featured attendees of a fundraiser this Friday for recently recalled Republican state…

North Carolina House Speaker guts education budget, then says teachers don’t care about kids

Republican North Carolina House Speaker Thom Tillis was instrumental in cutting more than $100 million from the state’s education budget, but now claims it’s the state’s teachers who are negatively affecting students. At the North Carolina GOP convention, Tillis defended a recently passed controversial bill that will make it more…

North Carolina Republicans spill their secret strategy over live mic

As Republican leaders of the North Carolina House of Representatives discussed on Friday morning how they could ram through a draconian budget with the help of five nervous Democratic allies, they had no idea that an open mic was piping their remarks directly into the press room. Later in the…

Sanders to Obama: Stop selling out

WASHINGTON – Sen. Bernie Sanders tore into President Barack Obama on Thursday, accusing him of cowering to Republican “extremists” and failing to stand up for progressive priorities. “The Republican House budget is the most radical right-wing extremist budget ever passed in the modern history of our country, and the more…

House rejects debt ceiling bill in ‘political charade’

WASHINGTON — Lawmakers voted against raising the US borrowing cap without making cuts in spending, in a Republican ploy Democrats branded a “charade” unworthy of a vital economic issue. The Treasury says that unless Congress votes to raise the $14.29 trillion debt ceiling by August 2, Washington could be forced…

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