Budget and Deficit

For the third time, the chief actuary has released an alternative (read: realistic) scenario for Medicare’s future budget. Although unprecedented, somebody has to tell the truth.

Obama economic policies are almost identical to those of the French socialist François Hollande. Those policies haven’t worked in Greece or in any other place where they’ve been tried — like the U.S.

On January 1, 2013, a dizzying array of tax cuts, deductions and exemptions are scheduled to expire. Estimates of the impact on a typical working class family range from between $1,750 and $3,800 in additional taxes next year alone.

Although the administration has handed out about $8.3 billion, we don’t know which companies received how much of that taxpayer money.

If Democrats think there is no connection between tax rates, government revenue and economic growth, there is little hope for the economy—until we get someone in office who does.

The CBO now claims that Obamacare will cost hundreds of billions of dollars more than originally predicted.

If more cash is the key to getting the economy moving, there is a better way than the Fed's proposal of "sterilized bond buying." Instead, allow companies to repatriate the estimated $1.5 trillion U.S. dollars sitting in foreign bank accounts.