Archive for July 2016
Bureau of Labor Statistics: Unemployed more likely to shop for non-essentials than job search
The Bureau of Labor Statistics released data that shows unemployed Americans on an average day are more likely to shop for things than look for employment opportunities. The Washington Free Beacon has the details: Only 18 percent of unemployed Americans spent time searching or interviewing for a job on an average day, while 41.1…
Read MoreAP: Leaked document suggests Iran could ramp up uranium enrichment before nuclear deal expires
The much-heralded Iran nuclear deal pushed by the Obama administration – a deal that handed over billions of American taxpayer dollars to a nation with a long history of human-rights offenses – will not hold water with Tehran long before it’s set to expire. The Associated Press has the scoop: Key restrictions on Iran’s nuclear…
Read MoreJustice Department: Half a million federal immigration cases on backlog
More than half a million federal immigration cases are pending, an official with the Justice Department announced Wednesday. Fox News has the story: The Justice Department’s Executive Office for Immigration Review said Wednesday there are now 500,051 pending immigration cases in the agency’s courts. The backlog has been steadily rising in recent years as the…
Read MoreGolden State health-insurance premiums set to increase 13 percent
President Obama’s signature health-insurance law is forcing Americans already cash-strapped to tighten their proverbial belts even more as premiums in the so-called “Land of Milk and Honey” are set to increase even more. The Los Angeles Times has the story: Premiums for Californians’ Obamacare health coverage will rise by an average of 13.2% next year…
Read MoreEconomic-policy expert: Financial crisis inevitable the longer Congress waits to address entitlement spending
So-called “autopilot” congressional spending – e.g., spending that Congress isn’t allowed to take its red pen to and eliminate from the budget, like food stamps, Medicare, Medicaid, social security – will soon become the bulk of the federal budget, leaving little room for discretionary spending like national defense. The Daily Signal has the scoop: Autopilot…
Read MoreU.S. News & World Report: U.S. ‘dangerously’ in debt
The U.S. has only to look at other nations’ financial crises to see what’s in store for us if Congress doesn’t tackle our mushrooming national debt, says one economic expert. U.S. News & World Report has the details: Recent research shows that economic growth is even more vital for a nation’s ability to sustain its…
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