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The primary drivers of our growing debt burden are the “Big 3” entitlements of Social Security, Medicare and Medicaid. Yet as part of the debt ceiling deal that created sequestration when the Super Committee failed, politicians effectively fenced off nearly two-thirds of the federal budget and the main source of our over-spending.
Obama's decision to campaign -- er, conduct official business -- on university campuses last week was not surprising. According to exit polls, there was no surge of young voters in 2008.
The same money can't be spent twice. ObamaCare tries to do precisely that, and the government will have to borrow the difference.
The world is becoming increasingly scary at the very time that the military will be facing 20% reductions. With each passing day, the world closes in; with each passing day, our ability to manage that world degrades.
Recognizing that the land is a gift, Duvall’s characters embrace redemption and service to self, to community, and (even when misguided) to God.
President Obama’s latest ploy is a student lending policy that teaches a new generation of college-goers that government is there to provide free stuff.
Twenty-first century economists blithely talked of the "risk-free debt" of governments, and European bank regulators set a zero-capital requirement on the debt of their governments. The manifold proof of their error is that banks and other investors are now taking huge credit losses on their Greek government bonds. The only question is why anybody would be surprised by this.
As Congress looks for ways to balance the budget and reduce the national debt, large cuts to their own compensation should be given serious consideration.







