Surprise Cbo Report: United States On An “unsustainable” Budget Course

The leaders of Iran and America do not routinely exchange appreciative notes. This gesture came in response to Mr Obama sending his formal congratulations for Mr Rouhanis election victory. The US president, for his part, voiced the hope that all the issues between America and Iran, particularly the latters nuclear programme, could be resolved diplomatically. Mr Rouhani is now surrounded by highly accomplished diplomats. The new Iranian foreign minister is Mohammed Javad Zarif, an experienced official who spent over 20 years in America and studied at the universities of San Francisco and Denver. The new head of Irans Atomic Energy Organisation, Ali Akbar Salehi, has a doctorate from the Massachusetts Institute of Technology. Related Articles Iran ‘to send cat into space’ 16 Sep 2013 If Mr Obama and his team cannot do business with men like this, then Americas confrontation with Iran really is intractable. But the second star is more doubtful: the right people need the freedom to improve relations. The most powerful man in Iran is not Mr Rouhani but the Supreme Leader, Ayatollah Ali Khamenei. This stubborn 74-year-old is viscerally suspicious of America, often alleging that Washington is out to destroy Irans regime, not settle the conflict. Yet even the Ayatollah has sounded more conciliatory, talking this week of the need for flexibility in diplomacy. The inescapable reality is that Irans economy, crippled by international isolation and an oil embargo, will only recover if sanctions are lifted. And that can only happen if a deal is struck with America.

We the People of the United States…

The nonpartisan Congressional Budget Office said that the U.S. national debt is now 73% of gross domestic product, the highest in history except for a period around World War II. The figure is twice the percentage it was at the end of 2007. Read the CBO report. Modestly lower spending, an improving economy and increased collection of income, payroll and corporate taxes have helped narrow the governments deficit this fiscal year. If current laws remain in place, CBO said, the debt will decline slightly relative to GDP over the next several years. But CBO cautioned that long-term challenges remain. It warned that growing future deficits will push the debt to 100% of GDP 25 years from now. And under another scenario that envisions changes being made to some laws including removing the so-called automatic budget cuts known as the sequester the debt would be even higher, at nearly 190%, by 2038. While sequestration and Americans record-high tax revenue has had a mitigating impact in the near term news on which the White House has been quick to seize the entitlement implosion is still stubbornly looming in the future (particularly the incoming strain on Medicare and Social Security) while we accomplish approximately zero in addressing it. Whats more, as James Pethokoukis points out at AEI, the debt itself is hardly the long and short of it. The CBO notes that the above forecast didnt factor in the harm that growing debt would cause to the economy, and, well And when you take into account stuff like howdeficits might crowd out investment in factories and computersand how people might respond to changes in after-tax wages, you find the debt is much, much larger, closer to 200% of GDP.

Barack Obama and Hassan Rouhani

At the Table is a multifaceted platform that leverages existing resources and the influential leadership of the USHCC network to foster the growth of Latinas in business. “Latinas are leading the charge in the growth of America’s business community, starting enterprises at six times the national rate,” said Javier Palomarez, President & CEO of the USHCC, “We are honored and delighted by Kauffman’s pledge to support our nation’s Hispanic business women and emerging entrepreneurs. The USHCC has been a longtime admirer of Kauffman’s philanthropic initiatives, and we look forward to working with their organization for the many years to come.” “The success of our Latina business leaders is integral to our economic success and the future of our country. However, the USHCC acknowledges that there remain many gaps we need to close,” said Marc Rodriguez, Chairman of the USHCC, “I am proud that the USHCC Foundation’s new program provides access to important resources that will support the entrepreneurial spirit of our community’s women.” “It is critical that our nation’s women are ‘at the table,’ ” said Nina Vaca, Chairman Emeritus of the USHCC, “Too often, our Latina businesswomen face hurdles that prevent them from being in decision making positions. I am proud of the Kauffman Foundation’s leadership and treasure their support on this much needed initiative.” “The Kauffman Foundation is pleased to help support the development of a plan that will foster an increased number of Latinas to both start and grow more businesses in the United States,” said Lesa Mitchell, vice president of Innovation and Networks at the Kauffman Foundation. At the Table creates a dynamic online community and in-person networking and relationship building opportunities. The online platform includes profiles of Latina entrepreneurs, business professionals and leaders that allow women to more easily connect and collaborate with others in their industry and geographic location. A one-stop-shop calendar aggregates the data of events from multiple business, women, Hispanic and Latina organizations. Working with national and local leadership, At the Table also brings together Latina entrepreneurs and corporate professionals for networking events, a speaker series and mentorship program. About the USHCC Founded in 1979, the USHCC actively promotes the economic growth and development of Hispanic entrepreneurs and represents the interests of over 3 million Hispanic owned businesses across the United States that contribute in excess of $465 billion to the American economy each year. It also serves as the umbrella organization for more than 200 local Hispanic chambers and business associations in the United States and Puerto Rico. For more information, visit www.USHCC.com About the USHCC Foundation The USHCC Foundation is committed to giving Hispanic entrepreneurs life-long learning by developing and implementing initiatives and educational campaigns to awaken and nurture their entrepreneurial spirit. The Foundation leverages corporate and public support to ensure that existing and aspiring Latino entrepreneurs gain access and achieve success in the world of business. Please visit www.ushccfoundation.org for more information on the USHCC Foundation. About the Kauffman Foundation Based in Kansas City, Missouri, the Ewing Marion Kauffman Foundation was established by the late entrepreneur and philanthropist Ewing Marion Kauffman.

The United States Hispanic Chamber of Commerce Foundation Launches At the Table: Women in Business and Leadership Program

Though they had taken parts of it from various other international laws, the type of government it was setting up was unheard of. It was a way to unite the various states into a federal union with a limited federal government to oversee various things and give the states one unified voice. But for those that signed, their country was still the state they resided in. Their nation came in second. And even in those early days, no one was sure what the role of the federal government would be. Two men that were absent from the constitutional proceedings were John Adams and Thomas Jefferson, who were both serving as ministers overseas in Great Britain and France, respectively. Since the proceedings of the Constitutional Convention were held in secret, they were not aware of the final outcome until many months later. In a letter to John Adams on November 13, 1787, Thomas Jefferson wrote: How do you like our new constitution? I confess there are things in it which stagger all my dispositions to subscribe to what such an assembly has proposed. The house of federal representatives will not be adequate to the management of affairs either foreign or federal. Their President seems a bad edition of a Polish king. He may be reelected from 4.