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Can a National Quasi-Religion (Pro Sports) Go Broke?

Attending costly games is on the margins of the household budget. When the credit card gets maxed out, attending is no longer an option.

Can A National Quasi-Religion (Pro Sports) Go Broke?

Submitted by Charles Hugh-Smith of OfTwoMinds blog, Attending costly games is on the margins of the household budget. When the credit card gets maxed out, attending is no longer an option. Please understand I'm not suggesting professional...Show More Summary

National Debt Has Almost Doubled Since Financial Crisis

Coincidentally, that’s also mostly the time that Obama has been in office: The federal debt this year will be double what it was before the financial crisis, Congress’ official budget scorekeeper projected Wednesday morning. The debt is on pace to reach 74 percent of the country’s economic output by the end of the year, double […]

FUNDAMENTALLY TRANSFORMED: National debt has doubled since financial crisis: budget office. “The f…

FUNDAMENTALLY TRANSFORMED: National debt has doubled since financial crisis: budget office. “The federal debt this year will be double what it was before the financial crisis, Congress’ official budget scorekeeper projected Wednesday morning. The debt is on pace to reach 74 percent of the country’s economic output by the end of the year, double what [...]

CBO: Deficit is Down, But Debt Remains High

6 days agoNews : Reason

The Congressional Budget Office released another report on the nation’s debt and deficit picture today, and the short version goes something like this: We’ve made some short-term progress in reducing annual deficits, but the long-term debt picture is still quite bleak. Show More Summary

CBO: Deficit dips, but long-term federal budget outlook remains dim

The federal deficit continues to decline thanks to budget cuts, slower growth in Medicare costs and increased tax revenue, but the nation's long-term fiscal outlook remains troubled, according to a report Wednesday from the Congressional Budget Office.

CBO: Deficit falls to $506 billion in 2014, but debt continues to rise

Annual budget deficits have plummeted as the economy has recovered from the Great Recession, falling to $506 billion in the fiscal year that ends in September, congressional budget analysts said Wednesday. But the overall national debt held by outside investors has continued to swell to more than 74 percent of the economy -- the largest […]

With Budget Agreement, Medicaid Reform Should Be Next Compromise in North Carolina

After months of back and forth, North Carolina's legislators have finally agreed on a budget for the next fiscal year. Finding a place of compromise is commendable -- especially when compared to our nation's federal representatives, who have only managed to pass an annual budget a small handful of times since 1952. Show More Summary

Protecting the NHS budget

Liberal Democrats will protect the National Health Service budget in the next Parliament. Under plans announced in the party’s manifesto, NHS spending will rise by at least the rate of inflation over the next Parliament. As well as protecting the NHS budget, Liberal Democrats will also pool health and social care budgets. This would help […]

Cool Map Thing: Philly 'Hoods Most 'Walkable Yet Affordable' In The Nation

last weekNews : The Newsroom

Overlapped map of affodability (yellow) and walkability (blue) via Munson's City Some dude named Dave Munson loves himself some math. The only things he probably loves more are his family, budgeting his money and a high walkscore. Actually, the last...

How We: Planned Our Laid-Back, Utah National Park Wedding

About half of our budget was food and drink. Our friends at the fabulous Rocking V Café of Kanab, Utah, helped set a deliciously simple and laid-back tone for our day with deep-dish enchiladas and black bean cakes. It’s a business we are proud to support, and it was great to have a meal that effortlessly accommodated a range of dietary restrictions. Show More Summary

Manufacturers Support Innovative Reform, National Regulatory Budget

On July 24, Reps. Steve Scalise (R-LA) and Doug Collins (R-GA), introduced the National Regulatory Budget Act of 2014 (H.R.Read the Rest...

Southeast Asia links: Myanmar's Spitfires, John Kerry, Malaysia's Facebook ban and more

Thailand's National Legislative Assembly accepted (in principle) the 2015 budget bill. The Junta's first budget since coming to power includes spending increases in education and (you guessed it) defence. When quizzed by reporters, the...Show More Summary

Nighttime Must-Read: Paul Ryan (2011): The Path to Prosperity

Via Menzie Chinn: Paul Ryan (2011): The Path to Prosperity: "Autopilot spending will soon crowd out... >...all other priorities in the federal budget, with spending on Medicare, Medicaid, Social Security and interest on the national debt eclipsing all anticipated revenue by 2025. Show More Summary

NDP Reminds US Government that Global Power Comes At a Cost

The Congress-mandated National Defense Panel issued a report [PDF] criticizing the Pentagon’s 2014 Quadrennial Defense Review for being a strategy driven by budget constraints, a conclusion that could be reached after 5 minutes of scanning through the QDR. Show More Summary

How Europe Nations Fund Half of al-Qaeda's Budget

Brit Edwin Dyer was kidnapped in 2009 by al-Qaeda in North Africa, along with a German and a Swiss couple. Like the US, Britain doesn’t pay ransoms and didn’t in this case—and Dyer was killed. But his fellow captives were released after their governments paid al-Qaeda a collective $10....

Deficit scolds are the most crazed ideologues in America

A new Congressional Budget Office report shows that the projected increase in the national debt has slowed dramatically. Good news for deficit scolds, right? Not for Ron Fournier, who still thinks the nation is on its last legs: Only in Washington, the place where you land when you fall through the looking glass, could this be hailed as good news... Show More Summary

University of California Increases Non-resident Enrollment for Budget Reasons

Los Angeles Times, UC Enrolling More New Students From Other States and Nations: The number of new UC students from other states and nations will continue to increase this fall, extending a trend that university officials say is financially necessary but critics say is changing the nature of a beloved...

Afternoon Must-Read: Paul N. van de Water: New CBO Long-Term Budget Projections Tell Familiar Story

Paul N. van de Water: New CBO Long-Term Budget Projections Tell Familiar Story: "The Congressional Budget Office (CBO)’s new long-term budget projections... >...show that the nation’s fiscal outlook is stable for the rest of this decade and then worsens gradually.... Show More Summary

Unemployment Extension 2014: Will High U.S. National Debt Kill Social Security Benefits Programs In 2015?

The 2014 unemployment extension bill keeps getting kicked down the road by Congress, but it’s possible that a new report from the Congressional Budget Office (CBO) may indicate hard times ahead for Social Security programs in general, including unemployment benefits. In a related report by The Inquisitr, the CBO has Social Security Disability running out

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