Social Security: A Little Reform Today Might Solve a Big Problem Tomorrow
Debt / Economy / Fiscal policy / Taxes

Social Security: A Little Reform Today Might Solve a Big Problem Tomorrow

The CBO’s budget and economic outlook, released last week, looks bleak. And one of the drivers of future budget shortfalls? Social Security. During the Feb. 13th house budget hearing on CBO’s outlook, Rep. John Campbell (CA) asked Doug Elmendorf – CBO Director – if we were in a pickle with regards to the U.S. budget. … Continue reading

Taxing Your Soda and Pop
America / Healthcare / Politics / Regulation / Tax / Taxes

Taxing Your Soda and Pop

What are your thoughts about a federal tax on sugary drinks (ie. Soda, energy, and sports drinks)? The Field Poll, a non-partisan media-sponsored public opinion news service, found an interesting result in their survey of Californians’ views on the tax on sugary drinks. Approximately 40 percent of California residents voted in support of a soda … Continue reading

Rep. Ross Seeks the Start of Tax Reforms and to Bridge the Bipartisan Gap
America / Economy / Fiscal policy / Taxes

Rep. Ross Seeks the Start of Tax Reforms and to Bridge the Bipartisan Gap

Congressman Dennis Ross (R-FL) is making efforts to relieve bipartisan stress and initiate action on reducing the nation’s debt. Earlier this week he submitted two bills that would reduce government spending, the BOLD Act and the ZERO Act. The BOLD Act seeks to reform how the government handles money by reducing the White House’s and … Continue reading

Cult of Uncertainty: The Catalytic Hysteria Surrounding the Fiscal Cliff in Europe
America / Debt / Europe / Fiscal Cliff / Taxes

Cult of Uncertainty: The Catalytic Hysteria Surrounding the Fiscal Cliff in Europe

The attention surrounding the Fiscal Cliff has escalated it from an issue of domestic panic to international concern. While the direct impact of the event involves strictly domestic policies, the resulting uncertain economic forecast stateside has created detrimental consequences for European markets that are reliant on the United States for trade. The suggested calamity results … Continue reading