Which affects the national debt more: politicians’ ignorance, or over-spending? Is America’s national debt impacted more by inappropriate allocation of funds, based on ignorant beliefs by politicians, or by a more general tendency of the Government to over-spend? Read the […]
Remember the debt? That $17 trillion problem? Some in Washington seem to think it’s gone away. The Washington Post reported that “the national debt is no longer growing out of control.” Lawmakers and liberal inside-the-Beltway organizations are floating the notion […]
But now Congress wants the IRS to look into Not for Profit Status AARP (formerly the American Association of Retired Persons, but now known more commonly by its acronym) is a non-profit, non-government interest group which, according to its web […]
Another credit downgrade is in the works in the likely event that the super committee punts on reining in spending and reducing debt. via Moodys ready to downgrade US if committee fails – YouTube.
The total of U.S. state debt, including pension liabilities, could surpass $4 trillion, with California owing the most and Vermont owing the least, a new analysis says. The nonprofit State Budget Solutions combined states’ major debt and future liabilities, primarily […]