My topic today is the great debate over raising — for the 81st time since 1940 — the ceiling on how deeply in debt the Federal government can go. To hear our officials tell it, if Congress doesn’t vote to let the Treasury borrow more billions, and do it now, the U.S. will face the biggest calamity since women started wearing slacks. Read this article to learn the surprising truth about the debt ceiling…
President Barack Obama proposed a five-year spending freeze on Federal discretionary spending during his State of the Union (SOTU) address, which he said will save the government approximately $400 billion over a decade.
Americans have a more favorable than unfavorable view of Republicans for the first time in six years, according to a new Gallup poll.
President Barack Obama’s State of the Union address appears to have won over Democratic supporters, but a prominent news agency has scrutinized many aspects of the nationally televised speech.
To the average taxpayer, most details regarding the Federal budget are as entertaining as listening to Paul Krugman explain Keynesian economics and the value of active public policy responses to macroeconomic systemic crises and blah, blah, blah… But Ben Crystal has waded through the morass and found an easy way to cut out $150 billion. Read this article to see where Ben would trim…
The Republican Party had two opportunities to address a national audience following President Barack Obama’s State of the Union address on Jan. 25.
American taxpayers have unknowingly spent more than $160 million to help provide legal defense for former executives of mortgage lenders Fannie Mae and Freddie Mac, according to The New York Times.
President Barack Obama’s top energy and climate adviser, Carol Browner, is the latest in a series of White House staff departures.
Two years after President Barack Obama was sworn into office, Americans appear to be split on his job performance thus far.
A new Gallup poll reveals that nearly one quarter of Americans believe that stricter gun laws could prevent mass shootings in the United States.