Whether it’s a “Ponzi Scheme” or not, Social Security has serious systemic problems that must be addressed.
Either a bunch of bloggers or one of the world’s smartest economists doesn’t understand economics.
President Obama’s job approval numbers are even worse when you just look at the economy.
For the past 18 months, Medicare spending has slowed down considerably – especially compared to the private sector.
Has a precedent been set for future requests by the President to increase the debt ceiling?
The cuts to Pentagon spending in the new debt deal are further revealing a split in the GOP over foreign policy and military spending.
You thought you’d seen the worst of Congress in July? Oh, you silly American you.
Now that America’s political leadership have probably averted a self-inflicted global economic calamity, it’s time to assess the winners and losers.
Another government program isn’t going to bring health care costs under control.
It’s very easy to create a “balanced budget” when you cook the books.
House and Senate Republicans are pushing a Balanced Budget Amendment. It sounds like a good idea, but it isn’t.
The “debt ceiling” is phony, contrived, and needs to be eliminated.
Congress is coming back to Washington and gas prices continue to rise. Expect a lot of demagoguery, but very little in the way of solutions.
A comedian-turned-Senator makes some strong points about how America goes to war.
Will days of strong economic growth ever return? And what happens if they don’t?
Obama’s main politics are hardly as leftist as many make them out to be. Indeed, much of them could have fit well in the the GOP of 1990s and early 2000s.
There are signs that the Ryan Plan isn’t playing well with the public.
According to a new poll, the American public still isn’t sold on the idea of cutting entitlements to cut the budget deficit.
Donald Trump figures that, because he’s rich, he’s qualified to be president.
To borrow a phrase: budgeting is the science of muddling through (with an emphasis on the “muddling” far more than the “science.”
Two new polls show that the public supports the budget deal, but has no idea what to do to solve our long term problems.
What, if anything, does the budget deal mean for the future?
There are still three days left, but it’s looking less and less likely that a budget deal will be reached in time to avoid a government shutdown.
The next week promises to be a battle between John Boehner and the Tea Party over whether or not compromise is a good idea.
The American people have no idea what’s really in the Federal Budget, which makes any discussion about what to cut virtually impossible.
Nor, it would seem, are really tired clichés.
So far, the Republican House’s effort to cut back Federal spending isn’t very impressive.
Republicans are about to take a walk along the third-rail of American politics.
It’s not the size of your government that counts — it’s what you do with it that matters.
The privitization of Federal helium reserves is a textbook example of the damage to the nation that can be caused by imprudent budget cutting.
We need to remember who actually sets the budget and, further, who is ultimtately responsible for the behavior of politicians.
President Obama’s new budget involves nothing less than a thumb in the eye of anyone who hoped he would seriously address federal spending in his first term.