Search results for: loon
Wisconsin residents brace for 16-percent Obamacare premium increase
Badger State residents enrolled in Obamacare next year can expect a 16 percent increase to their health-insurance premiums, according to the state insurance commissioner. The Washington Free Beacon has the story: “Consumers in Wisconsin will be facing an average 15.88 percent increase, but that is just an average,” said commissioner Ted Nickel. “Consumers in some…
Read MoreHouse panel subpoenas VA over pricey hospital, art
Congressional Budget Office: U.S. federal debt in 2035 projected to exceed historic high
The U.S. federal debt is ballooning and expected to exceed U.S. gross-domestic product by 2035 – a bleak projection that even has officials at the Congressional Budget Office admitting that, if something isn’t done to curb the nation’s financial woes, our debt could soon spell worldwide financial disaster. The Hill has the details: The United…
Read MoreTaxes, Spending, and Tax Credits Out of Control under Kurt Schaefer
Sen. Perdue: The ‘merry-go-round’ of artificially low interest rates ‘is going [to] stop’
When interest rates on our debt suddenly balloon, our nation will be facing even greater economic difficulties unless Congress enacts a solution. Fortunately, there are members of Congress like freshman Senator David Perdue of Georgia who know the value of a dollar and how frivolously we as a nation are managing our books. The Daily Signal has…
Read MoreFinancial expert: Entitlement spending by 2019 will eclipse tax revenue
The U.S. is experiencing one of the longest economic recoveries since the 1960s and could be teetering on recession, as interest on our debts continue to accrue and as entitlement spending continues to balloon over the next three years. Forbes has the commentary: The weakest recovery in modern history has stretched on for 69 months……
Read More