With the United States engaged in a debate over debt, the common consensus among Americans is that spending needs to be reduced. A recent poll commissioned by Generation Opportunity and the polling company, inc./WomanTrend found this was especially true among young Americans who are self-identified independents. They believe less federal …
President Obama neglected to mention Millennials in his address to the nation Monday night. Ironic, since they are burdened with the responsibility of paying America’s debt. But that should come as no surprise. Young Americans are often overlooked in the political world. However, 18 to 29-year-olds have serious concerns about …
The latest unemployment numbers, released Friday, showed that the economy created a net 18,000 jobs in June, far below the roughly 150,000 needed to keep pace with new job market entrants. The unemployment rate ticked up to 9.2 percent. Since President Obama had not yet been asked directly about June’s …
The debt limit debate waits for the return of a recess-refreshed Congress, but if conservatives are ready for it, they can leverage the issue to enact spending caps and advance the budget the House passed last week, says former Congressional Budget Office director Douglas Holtz-Eakin. “The Republicans should come back …
As Congress continues the struggle to tame federal deficit spending, some argue that tax hikes and defense cuts are necessary and inevitable. For example, a recent brief from the Concord Coalition on the prospects for the House Majority’s coming budget resolution for fiscal year 2012 makes the case that conservatives …
Sen. Tom Coburn (R-OK) has a powerful ally in the fight to eliminate wasteful duplication in government programs: House Majority Leader Eric Cantor (R-VA) announced the two lawmakers are teaming up for a bipartisan, House-Senate effort to eliminate overlapping and unaccountable government services that cost taxpayers more than $100 billion …
The federal government ran a budget deficit last month of $223 billion, according to recent analysis by the Congressional Budget Office (CBO). With deficits consistently running to levels almost beyond human comprehension, it would be easy to miss the fact that this was the largest single-month deficit on record. So, …
