Category: Blogs

President Bush unveiled his proposed $3 trillion budget for 2009 on February 4th in Washington. The budget, according to the National Alliance to End Homelessness, “proposes increased funding for the Department of Defense [by $35 billion to $515 billion for core programs–NOT including war costs], cuts to health care programs, and about $2.4 billion less for domestic discretionary programs other than Homeland Security.”

Specific program cuts include:

$1.3 billion less than is needed to fund existing Section 8 Housing Vouchers
$315 million from Public Housing funding
$659 million from Community Development Block Grants
$77 million from Housing for People with Disabilities
Elimination of the Community Services Block Grant–$654 million
The budget also proposes to cut Medicaid by $18 billion over 5 years.

The budget is likely to reach a record deficit of over $413 billion after including all the war funding–$70 billion requested, but will likely be much higher since he requested $200 billion this year.

Sources:
Bush cuts health and community services
Budget Would Cut Programs for Housing and Homelessness
The President’s FY 2009 Budget Proposal: Analysis and Policy Implications
Bush Budget Sees Bigger Deficits as Economy Slows

France’s Alstom (an engineering company) unveiled the AGV (Automotrice Grande Vitesse or high-speed railcar) train on Tuesday. The AVG, which reaches 223.7 miles per hour, can travel 1,000 miles in three hours. Alstom’s Executive Chairman, Patrick Kron, says this begins “a new stage in the competition with the airlines.”

The AVG upgrades train efficiency as well. According to Reuters, “Rather than having a powerful locomotive at the front or back, the AGV uses motors located beneath the train” increasing both passenger sizes and space from older models. The AVG is also uses about 15 percent less fuel than its competitors.

Sources: France unveils super-fast train and France’s Alstom launches faster high-speed train

Detroit is ranked #1 in the Forbes Misery Measure according to the article “America’s Most Miserable Cities.”

Forbes, which created a Misery Measure for the study, included factors like unemployment, taxes, weather, pollution sites, commute times, and crime to rank America’s most miserable places. New York City was surprisingly fourth on the list, thanks to amazingly high taxes and housing costs, and Philadelphia ranked fifth.

According to the article:

The biggest surprise on our list is Charlotte, N.C., which is ranked ninth. Charlotte has undergone tremendous economic growth the past decade, while the population has soared 32%. But the current picture isn’t as bright. Employment growth has not kept up with population growth, meaning unemployment rates are up more than 50% compared with 10 years ago. Charlotte scored in the bottom half of all six categories we examined. It scored the worst on violent crime, ranking 140th.

Source: America’s Most Miserable Cities