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Economy - Economics USA

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Washington Post

They ran against debt. They swore and swore again they’d cut up the nation’s credit card. Now the 87 freshmen House Republicans are facing intense pressure that they must vote to allow the federal government to go even deeper into debt.

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The Political Commentator, Michael Haltman

Anyone who is responsible for balancing the checkbook or for the personal finances of their family, learn a valuable lesson from the federal government. The lesson? Exactly how not to do things! Imagine that you earned $40,000 a year and spent

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Washington Post

A federal budget compromise hailed as historic for proposing to cut $38 billion would reduce federal spending by only $352 million this fiscal year, less than 1% of the bill’s advertised amount, according to the Congressional Budget Office.

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