On Thursday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that as the Federal Reserve tries to fight inflation,
A new financial review awarded “F” grades to 10 states that did not have balanced budgets and have taxpayer burdens of over $20,000 per year.
California Gov. Jerry Brown has submitted his May revised 2018-2019 budget, which indicates he will leave office in January with the maximum $13.5 billion rainy-day fund. Brown, a liberal Democrat, has complained that no politician should face the type of
During a speech on the Senate floor on Thursday, Senator Rand Paul (R-KY) stated people should have to answer why they were against running deficits under President Obama but support deficits under Republican presidents. Rand said, “I want people to
Asked if the plan would be revenue neutral, meaning any reductions in expected revenue from tax cuts would be offset from increases in revenue or spending cuts elesewhere, Mnuchin instead said the plan would “pay for itself” through economic growth.
2008 Vice Presidential nominee Sarah Palin blasted supporters of the #NeverTrump faction from a stage Friday in Denver for fueling Hillary Clinton’s path to victory with “dynamite” as she called them on the carpet, “You’re either with us or you’re against us.”
Republican presidential candidate Donald Trump was pressed on his plan to cut the deficit during Thursday’s GOP presidential debate on the Fox News Channel on Thursday. Trump was asked by moderator Chris Wallace, “Mr. Trump, your proposed tax cut would add
The California Policy Center has just published an exhaustive study regarding the $149.2 billion Californians have borrowed over the last 14 years to finance public school construction. Despite the sob stories about dilapidated facilities, huge amounts of cash has been siphoned off due to union project labor agreements, environmentalist lawsuits, and inadequate planning and public oversight.
Left-wing Democrats in California are demanding that Governor Jerry Brown increase spending as he attempts to keep the state budget in the black. The battle allows rank-and-file Democrats to pose as champions of various issues dear to their constituents while Brown can be seen as a fiscal moderate.
