FISCAL HYSTERESIS: 21st Century SPENDING-DEBT-TAX Circular Tapeworm

By Jim Wesberry | Never Ending Financial Crisis - "what's past is prologue," past derelictions circumscribe future fiscal choices. We are caught in a trap where debt burdens do not fall, but simply shift among sectors and countries, and where monetary policies alone are inadequate to stimulate global demand, rather than merely redistribute it.

The Nation's Fiscal Health: Action is Needed to Address the Federal Government's Fiscal Future, Jan 17, 2017

The Congress and incoming Administration face serious economic, security, and social challenges that will require difficult policy choices in the …

Economics

GAO Insights into the Nation’s Finances and the Role of the Debt Limit

Today, U.S. Comptroller General Gene Dodaro delivered testimony to Congress on our nation’s unsustainable long-term fiscal position. He said that the …

IMF says debt binge leaves US corporates exposed

Global financial stability report warns of risks from US business loans

International Monetary Fund

Being Libertarian

Good job republicans and democrats. Good job.

The looming budget disaster, in four charts

The Congressional Budget Office in its 2017 Long-Term Budget Outlook issued a dire warning to D.C. policymakers about the likely consequences of …

C-Bo

U.S. National Debt Clock : Real Time

Four Key Takeaways from the CBO Long-Term

Yesterday the non-partisan Congressional Budget Office released the 2017 Long-Term Budget Outlook, highlighting the significant fiscal challenges …

Trump's Budget Director: ‘Our $20 Trillion National Debt is a Crisis’

Office of Management and Budget Director Mick Mulvaney (AP Photo)<p>(CNSNews.com) - Mick Mulvaney, who serves as director of President Donald Trump’s …

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ ​What is USAspending.gov?

USAspending.gov is the publicly accessible, searchable website mandated by the Federal Funding Accountability and Transparency Act of 2006 to give …

MacGuineas: U.S. Faces $14 Trillion Deficit in 10 Years as Interest Is 'Single Fastest-Growing Part of the Budget'

SIGN UP FOR OUR NEWSLETTER<p>Maya MacGuineas, president of the Committee for a Responsible Federal Budget, discussed with <i>Breitbart News Daily</i> SiriusXM …

Can the U.S. economy grow itself out of a $20T debt?

Live<p>powered by<p>For video troubleshooting and help click here.<p>Fox Business Channel Finder<p>Find the Fox Business Network in your area.

U.S. Economy

Presidential Debt

President Trump's Historic Debt Dilemma

President Trump

Fiscal Hole to Test President Trump's Agenda

For an economy that isn’t in recession, the U.S. is facing one of the bleakest fiscal outlooks since World War II. One question that President Donald Trump will soon have to decide: How much is he willing to embrace even wider deficits?<p>The answer will determine whether Mr. Trump’s domestic agenda …

Economics

A Check-Up on the Government’s Fiscal Health

After 6 years of declining deficits, the federal deficit increased to $587 billion in 2016 and U.S. debt held by the public stood at about $14.2 …

Just Revealed: What's Quietly Happened To Food Stamps Under Obama Is Almost Unbelievable

Advertisement - story continues below<p>The number of food stamp recipients in the United States increased by a staggering 32 percent under President …

A pensions time bomb spells disaster for the US economy

Underfunded government pensions to the tune of $1.3 trillion, with a gap that just can’t be filled, is the ticking time bomb facing the US economy, which faces dramatic cuts in public services and potentially riots reminiscent of Athens six years ago.<p>Danielle DiMartino Booth is the tough talking …

U.S. Economy

National debt is growing faster than you think

Most people think of the national debt as a huge amount of money the government owes, which grows each year because of the budget deficit, which is …

World debt hits $152tn record, says IMF

Calculation of burden highlights challenge of boosting growth<p>The world is $152tn in the red — a record-breaking level of debt, according to the …

The Trick Lawmakers Use to Hide Their Wasteful Spending

Imagine, for a moment, that you’re running a restaurant (and if you are already, congratulations). Imagine, further, that every month you serve more …

Fiscal Outlook The Debt

How did the government’s fiscal condition change in fiscal year 2016?<p>Modest federal revenue growth was outweighed by growth in spending on major …

CBO: Federal Debt to Hit $28.2 Trillion Over Next Decade

BY: Follow @DJAliMeyer<br>August 25, 2016 5:00 am<p>Outstanding federal debt is projected to hit $28.2 trillion over the next decade, according to a report …

Debt to reach highest level since 1950 this year

The national debt this year will jump to the highest level since 1950 relative to the size of the economy, the Congressional Budget Office reported …

8 crazy facts about the national debt

No politician runs for office promising to be fiscally irresponsible, but the federal government now finds itself trillions of dollars in debt. …

Closing America’s Enormous Fiscal Gap: Who Will Pay?

PublicationThe true US debt is 16 times larger than what the government reports. Closing this fiscal gap with taxes alone would require a massive, …

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