by Jane Richey | Jan 21, 2014 | Fiscal Responsibility
Under President Barack Obama, the total debt of the U.S. government has increased by approximately $1,608,304 for each of the 4,130,665 babies born in the United States in 2009, the year Obama took office. – See more at:...
by Jane Richey | Aug 26, 2013 | Health Care
Sarah Palin’s now-famous death panels claim seems to have had much of the whole world laughing at one point or another, but if University of California – San Diego economics professor James Hamilton is correct, remnants of that laughter may soon be much harder to...
by Jane Richey | Aug 15, 2013 | Uncategorized
The federal government has been low-balling the public for years on how much debt it actually has, a University of California, San Diego economics professor says, adding that the real amount is $70 trillion – not $16.9 trillion. James Hamilton’s claim the United...
by Jane Richey | Feb 13, 2013 | Fiscal Responsibility, Politics
Congressional Budget Office Director Douglas Elmendorf said that unless Congress gets the federal budget under control, stimulus spending policies will be a “drag” on the economy in the future as the government struggles to pay the increased debt. “If cuts in taxes or...
by Jane Richey | Feb 8, 2013 | Fiscal Responsibility
So far this calendar year, the Federal Reserve has bought up more U.S. government debt than the U.S. Treasury has issued. On Dec. 31, the total debt of the U.S. government was $16.4327 trillion and then-Treasury Secretary Tim Geithner announced that the government had...
