Proving that Friday's are usually the best days for "real" news from DC (because fewer people are paying attention), the White House released its updated estimate of just how much further in the red Obama's spending plans will put the country over the next ten years.  The number is staggering...but really just an admission that everyone else was right a few months ago when they said Obama was being way too optimistic about the fiscal impact of his policies.

From the Washington Post:

The nation would be forced to borrow more than $9 trillion over the next decade under President Obama's policies, the White House acknowledged late Friday, bringing their long-term budget forecast in line with independent estimates.

The new projections add approximately $2 trillion to budget deficits through 2019. Earlier this year, the administration had predicted that Obama's policies would require the government to spend $7.108 trillion more than it collects in tax revenue over the next decade.

And of course, they released this little tidbit on Friday...the day before he skipped town to go on vacation.  read more »

I read a lot of news, and I don't get to talk about it all. So I'd like to start a weekly segment here that I'm going to call the Saturday Summary, a look back at the news I found newsworthy over the past week or so (some links may be older than a week).

The Obama Administration is blocking American efforts to drill for oil in the Gulf of Mexico, while paying the Brazilians to do it themselves. Meanwhile, China, India and Russia are doing it without our help.

Contrary to the common belief, the US manufacturing sector is doing better than ever, accounting for 25% of global manufacturing value-added (compared to 10.6% for the Chinese).

The US currently has 130,000 troops in Iraq and 68,000 in Afghanistan. But most anti-war rhetoric ended in January with Obama's inauguration. To her credit, Cindy Sheehan is still at it, she's just being ignored by the left.

High prices in health care aren't as high as they seem. Medical insurance seems to act more like a union looking for bargaining power than as actual insurance.

Canadians are regularly coming to the US for health care, both paying out-of-pocket for it and getting the Canadian government to pay for it. A lot of people are asking where Americans will go once Obamacare is law, but I also wonder, where will the Canadians go?  read more »