Government

Federal Government Posts First Monthly Budget Surplus In Three Years

08 May 2012

It's a bit misleading, but the federal government had a $58 billion surplus in April according to the Congressional Budget Office (CBO). The surplus is due to tax season, which results in an April surplus most years even if the yearly numbers are still deep in the red. It's notable becau...

It 'Only' Takes Political Will To Make Sure Medicare And Social Security Survive

03 May 2012

There is no question Medicare needs fixing. The biggest problem with Medicare is that it is a high-risk pool. Insurance will be expensive per person when the only people in the insurance risk pool are 65 and older or disabled. That makes it fairly remarkable that Medicare has managed to su...

Tax Cuts, Especially For The Rich, Have No Significant Impact On Economic Growth

24 April 2012

I have some news for Republicans and other fellow Americans who believe tax cuts for the rich will help the economy. If you think the rich are "job creators" and that their wealth will trickle down to the rest of us then you took the bait and swallowed it whole. The rich, along with their ...