Xi Jinping likely to be designated the next President of China in 2012 and next five year plan to strengthen social safety net

Chinese vice president Xi Jinping was elected as the vice chairman of the Central Military Commission (CMC) during the Fifth Plenary Session of the 17th Central Committee of the Communist Party of China (CPC) in Beijing on Monday, boosting the possibility that he may succeed after President Hu Jintao retires. Known for his liberal policies, …

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Update on Deficits and Debts

Ad Support : Nano Technology   Netbook    Technology News    Computer Software Based on the Monthly Treasury Statement for April 2010 and the Daily Treasury Statements for May, 2010, the CBO (Congressional Budget Office) reports that the federal budget deficit was $941 billion during the first eight months of fiscal year 2010. The January 2010 budget forecast for …

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