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Under current law, the U.S. Department of Defense automatically faces significant spending cuts over the next 10 years—cuts that america's civilian and military leaders have cadidly described as "devastating" and "very high risk."
The same money can't be spent twice. ObamaCare tries to do precisely that, and the government will have to borrow the difference.
President Obama attacked Rep. Paul Ryan’s budget as “nothing but thinly veiled Social Darwinism.” That is not surprising. What is surprising is that the chairman of a major committee of the U.S. Conference of Catholic Bishops launched a similar scathing attack against Ryan.
A new study in the Journal of the American Medical Association has concluded that there's an extra 13 auto accident deaths attributable to Income Tax Day (i.e., generally April 15, but which falls on April 17 this year). This is a drop in the bucket compared to the actual carnage that might be reasonably attributed to paying taxes in America.
On April 13, 2012, the US Department of the Treasury released new cost estimates for the Troubled Asset Relief Program. Looking principally at actual and projected contractual cash flows, the document concludes that: "Overall, the government is now expected to at least break even on its financial stability programs and may realize a positive return."
President Barack Obama has been on a tour of college campuses touting proposals to lower student loan repayments for college graduates. He hopes to rekindle the enthusiasm of young voters, who in 2008 favored him over Sen. John McCain by more than two-to-one.
Ironically, these same young Americans...
The latest installment of ObamaCare is a scheme that’s uprooting the elderly poor and disabled who get care under Medicare and herding many into state-run Medicaid plans.
A new CBO study shows that federal-government employees receive significantly higher compensation than private-sector workers with the same levels of education and experience. It confirms many of the findings of a 2011 study written by Andrew Biggs and Jason Richwine and helps rebut union claims that federal workers are underpaid.








