by | Jan 26, 2011 | Towing
If the government budget follows popular sentiment, education, social security and Medicare are safe. Those are the areas where fewest Americans want to see government spending cuts, according to a Gallup poll released Wednesda…
by | Jan 26, 2011 | Towing
In his State of the Union address, President Obama didn’t shy away from tackling the ongoing questions about the health care reform law head on. And though he opened with a joke, he made it clear that while he’s serious about r…
by | Jan 25, 2011 | Towing
Americans’ opinions on the divisive topic are all over the map. A new poll shows more than half of Americans now oppose the law, compared to only 41% who support it. Yet 62% — including 38% of Republicans — actually disapprov…
by | Jan 20, 2011 | Towing
Washington has been borrowing Social Security’s surpluses for decades and issuing IOUs in return. However, the ability to pay those IOUs depends on the Treasury borrowing more money on global bond markets at affordable rates. T…
by | Jan 19, 2011 | Towing
For years, policymakers have reassured the public that Social Security will be solvent for decades. But outlay and income data from the Treasury reveal that Social Security is already deep in the red — by $76 billion in 2010 a…