‘If current laws remain in place, debt will equal 77 percent of GDP’
Factors include the nation’s poor overall economic outlook and soaring levels of debt
The housing market recovery won’t solve state and local governments’ long-term problems.
Maybe if Americans had to shoulder the actual cost of federal programs, they’d demand spending cuts.
Every time Congress passes a bill like this, America gets closer to bankruptcy.
It’s time for President Obama to get serious about the deficit.
Why this really is the most important election of our lifetime.
The numbers don’t lie: Obama’s presidency has been a disaster.
One of the candidates (or both) should embrace Simpson-Bowles.
Ryan’s speech was good but in some ways disappointing.
The president’s false narrative on what ‘got us into this mess in the first place.’
Rep. Forbes: Obama holding national security 'hostage' to 'blackmail Republicans into raising taxes' - TheDC
Obama ‘doesn’t care if it is going to cost 700,000 jobs,’ says Va. congressman
GOP critique: Obama has raised the debt by $5 trillion; more than any other president in history
President Obama should ask the Chinese to honor their debts.
California Gov Jerry Brown revealed his revised plan Monday to close the state’s $16 billion budget deficit by slashing $8.3 billion in government spending and imposing temporary tax increases. His new proposal increases cuts $4.1 billion from the January proposal. Brown also proposed a 16 percent increase in funding for education, subject to voter approval, […]
Bank of Spain looks to rescue Bankia - TheDCNF
The Bank of Spain announced that it is looking rescue Bankia SA by taking a controlling share, according to the Wall Street Journal. The move would convert the 4.5 billion euros of bailout funds from the Spanish government to common shares, giving Spanish authorities control of Bankia’s parent company, Banco Financiero y de Ahorros SA […]
According to a new study, obesity costs the country $190 billion a year.
We can balance the budget without cutting defense or raising taxes.
Why the greatest threat facing America isn’t the national debt or Iran’s nuclear program, but the lack of moderate members of Congress.
Tom Coburn’s new book combines shocking information about the federal budget with an accessible writing style.