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Proposals by Republican U.S. presidential hopefuls to lop off a chunk of the federal budget may be popular but are unrealistic, a budget watchdog group says.
Plans outlined by the three main U.S. presidential contenders will increase the federal deficit, adding to the national debt significantly, budget experts say.
Analysts say the next U.S. president may have to raise taxes and reduce benefits as healthcare costs soar and baby boomers retire in a stumbling U.S. economy.
The U.S. House of Representatives has passed four tax-cutting bills in two days, eliminating $94.5 billion in revenue from the federal budget.
Congress is set to spend as much as $3 billion to subsidize digital television converter boxes before broadcasting goes all digital before the end of 2008.
Health care analysts say means testing for seniors in Medicare would not help the program's shaky finances significantly, but it does create a political fear factor for Democrats who see Republicans as trying to eat away at America's social commitment to
The world's funniest joke was unveiled by scientists at the end of the largest study of humor ever undertaken, The Edinburgh Evening News reports.
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United Press International
United Press International
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