Cost of the War

A "Cost of the War" counter constantly updates the rising costs of the war in Iraq and compares the cost to what could be accomplished in pre-school, kids' health, public education, college scholarships, energy independence and public housing. There is also a pull down chart that breaks out costs and comparisons of selected counties and cities in the US. (Java is required to run the counter correctly).

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Appropriations Update

Following are some issues of interest that have risen during the FY 2004 appropriations process.

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A Guide to Block Grant Proposals

The Coalition on Human Needs has developed a "Block Grant Chart."

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Poverty is Growing in the United States

Poverty rates are rising according to new figures by the U.S. Census Bureau.

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Economy and Jobs Watch: Employment Outlook

The nation’s job market continues to struggle. In August, even though the unemployment rate improved slightly – falling from 6.2 to 6.1 percent – payroll employment fell by 93,000 jobs.

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Economy and Jobs Watch: Deficit Outlook

The 2004 deficit is set to grow to nearly $500 billion, and the 10-year deficit is likely to be nearly $6 trillion, a new OMB Watch analysis shows.

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Deficit May Reach $500 billion in 2004

Reuters is reporting that the Congressional Budget Office (CBO) is expected to release deficit projections tomorrow showing deficits reaching approximately $500 billion for fiscal year 2004. In addition, the CBO's report will also contain 10-year budget forecasts, unlike the Administration's official numbers released through the Office of Management and Budget (OMB), which only have a five-year horizon. These longer-range forecasts are expected to show significant long-run damage to the budget outlook.

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