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Average family income to drop $12,000 by 2046
The effects of overextending ourselves as a country are real and, in three decades, will emaciate Americans’ already tight family budgets. The Daily Signal has the story: But deficit spending and unsustainable debt pose a significant threat to our economy. The House Budget Committee recognizes this threat, recently releasing a working paper highlighting the damaging…
Read MoreUnemployment claims higher than projected
Fresh applications for unemployment benefits topped 260,000 in mid-October, up 13,000 – or 0.5 percent – over the previous week, according to the Labor Department. The Washington Examiner has the scoop: The increase in claims was more than the 4,000 uptick private-sector forecasters had projected. While claims remain reassuringly low, they are slightly off the…
Read MoreArizonans facing up 75-percent hike on Obamacare premiums
Arizonans enrolled in Obamacare had better re-evaluate their family budgets, as residents in 2017 will face premium increases as steep as 75 percent. The Washington Examiner has the story: Blue Cross Blue Shield of Arizona plans to raise Obamacare premiums by 51 percent, and Centene Corp. will sell plans in only Maricopa County at a…
Read MoreDaily Signal: ‘No other’ freedom as ‘widely and intensely attacked’ as free speech
Free speech under President Obama’s presidency has faced unprecedented setbacks, especially when considering IRS targeting of Americans for their political beliefs. The Daily Signal has the commentary: The Constitution has long been subject to attacks from individuals hostile to its guarantees of freedom, economic opportunity, and limited government, but in recent days no other provision…
Read MoreU.S. attorney general declines to prosecute EPA employee in center of pollution scandal
The Environmental Protection Agency employee in the thick of the scandal that polluted three U.S. rivers due to a Colorado mine wastewater spill will not face prosecution, the U.S. Attorney General’s office says. The Washington Examiner has the details: The EPA’s Office of Inspector General said Wednesday that it found evidence the unnamed employee may…
Read MoreFederal deficit up 25 percent over last year
Our federal deficit is growing, this year spiking to nearly $590 billion – up 25 percent over last year – according to the latest Congressional Budget Office estimate. The Washington Examiner has the details: The federal deficit for fiscal 2016 jumped to $588 billion, $149 billion bigger than last year’s, the Congressional Budget Office estimated…
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