Wednesday, October 30, 2013

'stop and frisk'


NYC Police Commissioner Ray Kelly booed offstage at Brown over 'stop and frisk'

Only 42 percent of Americans approve of Obama's job performance, five points down from early October. And for the first time in the poll's history, Obama's personal approval ratings were lower than his disapproval ratings with just 41 percent approving of him on a personal level and 45 percent disapproving. [Full Story]

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October 30, 2013 at 3:31 pm

Study says 'Cash for Clunkers' created few jobs

WashingtonThe nearly $3 billion “Cash for Clunkers” program approved by Congress in 2009 did little to boost the environment and created few jobs, a new study released Wednesday found.
A Brookings Institution study found the $2.85 billion program “provided a short-term boost in vehicle sales, which were pulled forward from sales that would have occurred in subsequent months. There was a small increase in employment but the implied cost per job created ($1.4 million) was far higher than other fiscal stimulus programs.”

Budget Deficit in U.S. Narrows to 5-Year Low on Record Revenue

The U.S. posted its smallest budget deficit in five years as employment gains helped propel revenue to a record.
Spending exceeded receipts by $680.3 billion in the 12 months ended Sept. 30, the narrowest gap since 2008, compared with a $1.09 trillion shortfall in fiscal 2012, the Treasury Department said today in Washington. In September, the U.S. recorded a $75.1 billion surplus, little changed from the surplus in the same month a year earlier.

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