FOXNews.com - White House predicts record $1.47 trillion deficit this year, 9 percent unemployment next year

FOXNews.com - White House predicts record $1.47 trillion deficit this year, 9 percent unemployment next year: "New estimates from the White House on Friday predict the budget deficit will reach a record $1.47 trillion this year. The government is borrowing 41 cents of every dollar it spends.

That's actually a little better than the administration predicted in February.

The new estimates paint a grim unemployment picture as the economy experiences a relatively jobless recovery. The unemployment rate, presently averaging 9.5 percent, would average 9 percent next year under the new estimates.

The Office of Management and Budget report has ominous news for President Barack Obama should he seek re-election in 2012 — a still-high unemployment rate of 8.1 percent. That would be well above normal, which is closer to a rate of 5.5 percent to 6 percent. Private economists don't think the unemployment rate will drop to those levels until well into this decade."

FOXNews.com - Va Sen. Jim Webb says in column that government racial diversity programs should be ended

FOXNews.com - Va Sen. Jim Webb says in column that government racial diversity programs should be ended: "'The injustices endured by black Americans at the hands of their own government have no parallel in our history, not only during the period of slavery but also in the Jim Crow era that followed,' he wrote.

Immigrants from Asia, Latin America and Africa in recent decades knew no such discrimination from the government, he wrote, 'and in fact have frequently been the beneficiaries of special government programs. The same cannot be said of many hardworking white Americans, including those whose roots in America go back more than 200 years.'"