Romina Boccia focuses on federal spending and the national debt as director of the Grover M. Hermann Center for the Federal Budget at The Heritage Foundation. Read her research.
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U.S. Treasury Secretary Jack Lew suggested yesterday on NBC that “we have already done a lot of deficit reduction.” In reality, government spending and debt… Read More
EconomyNews
The Congressional Budget Office (CBO) released a letter this week describing how canceling sequestration in 2014 would affect the economy. The CBO dutifully plugged the… Read More
Moody’s changed the outlook on the U.S. credit rating from negative to stable this week, citing improving deficits. While this is good news, policymakers should… Read More
The President’s Midsession Review, released this week, projects the 2013 deficit to be lower by $214 billion compared with the earlier Obama budget estimate released… Read More
An individual with $150,000 in the bank received Supplemental Security Income (SSI), a program intended for blind, disabled, or elderly individuals with limited financial resources,… Read More
Today marks the 50th anniversary of the Equal Pay Act. Signed into law by John F. Kennedy in 1963, the act ruled it unlawful to… Read More
The number of people on Social Security Disability Insurance (SSDI) reached a record high this year. But a large number of people are double-dipping from both… Read More
After hitting the debt limit on March 19, the Treasury Department under Secretary Jack Lew is now employing its toolset of “extraordinary measures” to continue… Read More
Contrary to claims by cheerful news sources, Social Security’s deficit outlook is not “unchanged” or “no worse.” Social Security’s unfunded obligation rose by $1 trillion… Read More
In a refreshing break from tradition, the House Appropriations Committee approved a $967 billion discretionary spending plan that would stay within the fiscal year 2014… Read More
