| ||||||||||||||||||||||||||||||
Picture du Jour: GOP’s dramatic proposed spending cuts
The Republican Study Committee on Thursday released its bill on spending cuts, including trimming funding to AmeriCorps and Senior Corps, an end to union activities for Federal employees, and numerous other cuts. The “Spending Reduction Act of 2011” calls for a total of $2.5 trillion in cuts and aims to bring the U.S. back to the level of spending of 2005 in a short period of time, as reported by Business Insider – Clusterstock. Although the bill is a long way from being passed, the fight for austerity is on. The chart below tells the story.
Source: Business Insider – Clusterstock, January 21, 2010.
More on this topic
(What's this?)
Tough Doesn’t Quit, Except at Breakfast
(Venture Chronicles, 7/28/15)
Is This The Beginning Of A Larger Equity Market Correction?
(Disciplined Approach to Investing, 4/20/15)
I'm Rich: Nigerian prince out, Hosni Mubarak in!
(The Political and Financial Mark..., 2/6/15)
 |
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
 (requires Windows Media Player) 
|  
   | ||||||||||||||||||||||||||||
Copyright © 2017 Investment Postcards from Cape Town - All Rights Reserved | ||||||||||||||||||||||||||||||
By Prieur du Plessis, on January 22nd, 2011 posted in: 
Email
Byron Wien Announces “The Ten Surprises” for 2013
Prieur’s Readings (January 3, 2013)
Bob Farrell’s 10 rules for investing
Running 2012 NYC Marathon – a means to a better life for impoverished children
Prieur’s Readings (August 29, 2012): No “death of equities”
Leave a Reply