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.
Arguments Against the Sedition Act. Supporters of Thomas Jefferson and James Madison believed the Sedition Act was designed to repress political opposition to President John Adams and the Federalists. Because the Democratic-Republicans were in the minority in Congress, they were unable to stop passage of the bill.