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 [...]
America's costliest disease
According to a new study, obesity costs the country $190 billion a year.
The Stronger America Budget
We can balance the budget without cutting defense or raising taxes.
The demise of the deal makers
Why the greatest threat facing America isn’t the national debt or Iran’s nuclear program, but the lack of moderate members of Congress.
'The Debt Bomb': A page-turner about the federal budget
Tom Coburn’s new book combines shocking information about the federal budget with an accessible writing style.
What are Republicans' real intentions for Social Security?
I’m worried the GOP is going to try to gut the bedrock social welfare program.
Legislative Lowdown: The five trillion dollar man
President Barack Obama has done something no other president has ever done.
Is the GOP really the party of fiscal responsibility?
The state-level numbers back up the GOP’s claims of fiscal prudence.
NEIL PATEL: Chicago politics: Wonk edition - TheDC Opinion
The White House is attacking Chuck Blahous, a prominent policy analyst who thinks Obamacare will increase the debt.
Man sets himself on fire outside a tax office - BI
It is believed his actions were the result of a debt
The Deal with Jack Hunter: A balanced budget in 30 years?
Paul Ryan’s GOP House budget plan offers too little too late.
House GOP should either offer a balanced budget or retire - TheDC Opinion
We’re about to discover whether House Republicans are serious about getting America back on track.
Debt hawk to US: You may soon 'have your creditors basically controlling you' - TheDC
‘This is really about leadership, and it’s about recognizing that we are in a very difficult financial situation’
UK official: Rising American debt could undermine national security - TheDC
‘You cannot be strong if you are broke. Debt is a national security issue’
A physician's view of President Obama's budget
The president’s budget doubles down on Obamacare while offering no solutions to Medicare’s problems.
Obama's new budget is more of the same
The budget wouldn’t solve our long-term budget imbalance.
A budget worthy of Greece
If we continue down the path proposed by the president, we will soon find ourselves where Greece is today.
The president's budget is disappointing, unsurprising, and dangerous
It fails to address America’s most pressing challenges at a critical moment in the nation’s history.
Sen. Sessions predicts more US credit rating downgrades [VIDEO] - TheDC
S&P downgraded US for first time in August
