Updated Budget Projections: 2016 to 2026 March 24, 2016. CBO projects a $534 billion deficit in fiscal year 2016, about $100 billion more than in 2015. If current laws generally remained unchanged, the deficit would increase from 2.9 percent to 4.9 percent of GDP over the next decade.
A Letter on the Abolition of the slave trade, Addressed to the Freeholders and Other Inhabitants of Yorkshire, by William Wilberforce. London, 1807. Edited and introduced for the web by Dan Graves. William Wilberforce was a parliamentarian and man-about-town when he became convinced of the truth of Christianity. Upon his conversion, he thought he should withdraw from parliament, but pastor John Newton, author of the beloved hymn âAmazing Graceâ convinced him otherwise.
Summary. The Federalists, now controlling both the Senate and the House of Representatives, argued that the possibility of open war with France and the publicized attempts at espionage by French agents in the United States required Congress to take drastic action to guard against breaches in national security.ummary. The Federalists, now controlling both the Senate and the House of Representatives, argued that the possibility of open war with France and the publicized attempts at espionage by French agents in the United States required Congress to take drastic action to guard against breaches in national security.