While the CBO’s (Congressional Budget Office) 2018-2028 report presents federal budget projections, the numbers also reflect the tradeoffs and some tough decisions.
Hoping to diminish their country’s deficit, last year, Malta’s President and Parliament decided to sell citizenship. The price tag is $891,000 and the perk is that Malta is in the EU. Consequently, you get an island home with a back…
Almost everyone seems to be debating the same issues. Spend less, tax more, or both? Now perhaps Portugal has made some progress. Hoping to bring its budget deficit down to 4.6% of GDP in 2011, their VAT will ascend to…
On Amazon (“gift wrap available”), you can purchase the 1995 “Final Report to the President” of the “Bipartisan Commission on Entitlement and Tax Reform”. During February, President Obama announced the creation of the National Commission on Fiscal Responsibility and Reform.…
11.84 is the current level of our “misery index” if we use what Arthur Okun (economic advisor to Lyndon Johnson) created. November unemployment + inflation rates = 11.84. However, according to Floyd Norris, a new index might be more appropriate.…
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