Politics
Politics Articles
The U.S. national debt as of last Friday was $15.975 trillion. During the month of August, the national debt has risen by about $68 billion. In the month of July, the debt rose $77 billion. You get...
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flickr/incendiarymindAccording to a study released late today by Pew Research Center, 85% of the American middle class say that it is harder to maintain their standard of living now than it was 10...
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Tropical Storm Isaac, which is expected to become Hurricane Isaac, has an interesting political twist. With finance being such a crucial portion of the opposite sides this year, that makes for a...
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According to the latest data from the Congressional Budget Office (CBO), the US budget deficit for the fiscal year ending September 30th is now forecast at $1.1 trillion. That’s lower than the...
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The Congressional Budget Office (CBO) is supposed to be nonpartisan, but the updated 2012 budget projection is just alarming, and its projections under the coming fiscal cliff need to be paid...
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Since the beginning of July, gasoline pump prices have been on a steady march higher, following rising crude prices, which are rising primarily because traders are betting on more government stimulus...
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Union leaders are displeased that President Obama has decided to extend a two-year pay freeze for federal employees until at least next spring because Congress has failed to agree on a budget for the...
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Atlanta Federal Reserve Bank President Dennis Lockhart spoke to an audience of Latin American businesspeople this morning, and without really stating the issue in such stark terms, compared the...
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In less than two months, the price of Brent crude has risen from around $90 per barrel to threaten $120 per barrel again. At the pump, gasoline prices are up about $0.30 a gallon since late June....
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Angela Merkel came back from an extended summer vacation and immediately said she supports efforts by the European Central Bank to buy the bonds of troubled sovereigns. In theory, this will bring...
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Minneapolis Federal Reserve President Narayana Kocherlakota is generally considered a deficit and inflation hawk who mostly opposes both economic stimulus and increases in inflation above the Fed’s...
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The latest Gallup telephone survey of how satisfied Americans are “with the way things are going in the United States at this time” indicates that satisfaction has slipped since the July survey...
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The Congressional Budget Office (CBO) has produced a report on the effects of immediately opening the majority of federal land to oil and gas leasing. Under existing law — which keeps millions of...
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Some 90% of economists questioned for the monthly Bluechip survey believe there will be a ‘moderate’ or ‘small’ impact to US economic growth in the second half of this year resulting from the...
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The Congressional Budget Office (CBO) released its latest Monthly Budget Review today saying that the federal deficit for the first 10 months of fiscal year 2012 (ending in September) will be $975...
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