President Barack Obama releases his proposed
$3.8 trillion federal budget for fiscal year 2011 and immediately the hue and cry is one of "$1 trillion structural deficits," "a nation going broke" and "an unserviceable debt."
Continue reading Here's a Fair Way to Balance the U.S. Budget
Here's a Fair Way to Balance the U.S. Budget originally appeared on DailyFinance on Sat, 06 Feb 2010 12:30:00.
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The Obama administration earlier this week
released its proposed budget for the 2011 fiscal year which starts Oct. 1, 2010. The numbers are daunting: A $3.8 trillion federal budget for next year, with a projected $1.3 trillion deficit on top of tax revenues of $2.5 trillion. The current fiscal year 2010 deficit is expected to reach $1.6 trillion.
Continue reading Too Much Hope? Why Obama's Budget Is Unrealistic
Too Much Hope? Why Obama's Budget Is Unrealistic originally appeared on DailyFinance on Wed, 03 Feb 2010 07:00:00.
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His signature health care overhaul legislation may have a hit snag this week, but President Barack Obama said Friday in Cleveland that he remains committed to getting the controversial bill passed. Speaking during a town hall forum at Lorain County Community College in the working class suburb of Elyria, Obama said the reforms contained within the bill were needed to help slow rapid increases in health care costs and ensure that all Americans are covered.
Continue reading Obama Challenges Health Care Reform Foes, Big Banks in Ohio Speech
Obama Challenges Health Care Reform Foes, Big Banks in Ohio Speech originally appeared on DailyFinance on Fri, 22 Jan 2010 16:15:00.
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Though there is precious little consensus on fixing the nation's health care system, most knowledgeable citizens agree that the current system's skyrocketing costs are unsustainable. The facts are daunting: The
U.S. spends 16% of its GDP on health care, 60% more than Germany and other Northern European "socialized medicine" states, and double what Japan devotes to health care.
Continue reading Is Fee-for-Service What Ails America's Health Care System?
Is Fee-for-Service What Ails America's Health Care System? originally appeared on DailyFinance on Mon, 18 Jan 2010 07:00:00.
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