It is hard to imagine a more critical issue in America than the federal budget and "The President’s Funding Priorities". No matter what the stock market tells us, the war in Iraq has turned federal finances upside down and will have serious direct and trickle down impacts for decades, not to mention the rise of new economic tigers around the world, led by China, and the reliance on those tigers to keep the dollar afloat... the U.S. economy is in a precarious condition. Will the current reliance on supply sided economics and free trade grow enough of the economy fast enough to address the baby-boom implosion of social security and medicare costs ahead? So many issues to consider, and the City Club is offering Clevelanders the opportunity to get answers from a great source, as Rob Portman, director of the U.S. Office of Management and Budget (OMB) since May 2006, will speak about the economy and federal budget priorities at noon on Friday, January 5, 2007, at The City Club of Cleveland. From their Press Release on this talk: