The Congressional Budget Office just estimated that the federal budget deficit would reach $425 billion this year. That’s an additional $1,300 of debt for each American man, woman and child.
Tagged: Congressional Budget Office
Everyone knows government sucks, but it will at least suck a little less with these cuts to the vacuum-based erection program. It’s just too bad they’re blowing all the savings on a new spending splurge.
On April 15, nearly 90 percent of American adults filed their income tax returns for the 2013 tax year. And at the end of that day, I finished drinking a glass of truly tremendous bourbon; 130 proof seems appropriate to numb the pain.
Minimum wage has become a contentious political issue, even though it has nothing to do with a living wage. Workers are paid for the worth of the job they are paid to do. Nevertheless, Democrats plan to tap into what they perceive as income inequality by using minimum wage as a plank in their populist economic platform heading into the November elections.
Heartland Senior Fellow Benjamin Domenech was a guest Wednesday night on “All In with Chris Hayes” on MSNBC. Ben is rare among people who go on TV to talk: He actually endeavors to answer the questions he’s asked.
The full bill for Obama’s failed economic policies has yet to arrive. But no such explosion of debt has ever escaped a day of reckoning, and no such monetary surge has ever had a happy ending.
ObamaCare is a disaster. It is doing incredible damage to our nation – well beyond just the health insurance sector. Just about everything President Barack Obama and his fellow zealot ideologue cheerleaders promised it would deliver was an exact-opposite lie.
The competing budgets released last week by House Budget Committee Chairman Paul Ryan (R-WI) and Senate Budget Committee Chairwoman Patty Murray (D-WA) definitively define the growing differences between the two[…]
President Obama told America the morning of February 19 that if the sequester goes through on March 1: “It will eviscerate job-creating investments in education and energy and medical research….[…]
President Obama tells the nation that Congress must increase the debt limit because they “should pay the bills that they have already racked up.” Let me translate that into household[…]