Report: Congress needs to close $10 billion gap in government spending

The government is spending so far past its budget limits that Congress is about to encounter a record gap. New projections show that the government is on track to spend $10 billion more next year to continue current government operations without changes, according to the Congressional Budget Office. The report means that Congress will have…

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Study: These social-security benefits are going to run dry in two decades

It’s no surprise social security is in trouble but the severity of the situation can’t be stressed enough: The well that is social security benefits – specifically, old-age, survivors’ and social-security disability insurance benefits – is going to run dry within two decades if Congress doesn’t step in and take action. The Daily Signal has…

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Treasury: March 2016 marks biggest March deficit in four years

The federal budget deficit spiked in March – driving the nation closer to economic disaster. ABC News has the story: The Treasury Department says the deficit for March totaled $108.0 billion. That marks the biggest March deficit in four years and was more than double the imbalance in March 2015. The large jump from a…

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