The new Treasury Department figures on the national debt were released as the non-partisan Congressional Budget Office is expected to project that the annual budget deficit will be higher than previously estimated by the White House's Office of Management and Budget. The debt, which refers to the cumulative amount of money the government owes, hit $10.9 trillion on Friday.
The whopping number has major ramifications for President Barack Obama, who is trying to push through a raft of big-ticket bills on health care, energy, education and climate change — while also attempting to stabilize the swooning economy.
Sen. Kent Conrad (D-N.D.), chairman of the Budget Committee, said Tuesday that the numbers could force Congress to make "adjustments" to Obama's $3.6 trillion budget plan.
"It’s very important get a result for the American people and one that has the priorities that have been [announced] by the president in terms of reducing our dependence on foreign energy, that’s in all of our interests, excellence in education, health care reform and dramatic reduction of the deficit,” Conrad told reporters. “Those will be our guiding principles as we go forward, but as I say, we’ve not yet seen CBO’s new numbers. But I think we can all anticipate because they were done substantially later than OMB’s, that they are going to be more adverse. That that’s going to require all of us to make adjustments.”
"It must be stopped....What value system is that? I think it's un-American. I think it's un-American."
Pelosi said she was invited to the church by Rep. Luis Gutierrez, D-Ill., as part of his 17-city, cross-country tour called United Families, which he says is intended to put a human face on the immigration debate.
"We think that families are the cornerstone of our society and our nation, and an immigration system should preserve those families, not destroy them," Gutierrez told FOX News Capitol Hill Producer Chad Pergram on Tuesday. - FOX News Story
Are you serious. These people have come into the Country illegally. There are legal ways to come into the country, legal ways to become a citizen. If you really want to be part of the American Dream, do it legally.
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