Econ Comments & Analysis
WSJ | CBO Estimates U.S. Deficit Will Shrink More Than Expected in 2014
The U.S. government's gap between spending and revenue will be narrower both this year and later in the decade compared with prior estimates, driven in part by reductions in near-term military spending and falling longer-run costs associated with the Affordable Care Act, the Congressional Budget Office said.
Washington Times | Wasteful spending is why your taxes are so high
Some of us waited until the last minute to stuff a tax return in an envelope and drop it in the mail at the stroke of midnight, but we share something with those who e-filed months ago. We all wonder why our taxes are so high.
Heritage Foundation | President Obama’s 2015 Budget: How Government Expansion Will Limit Opportunity, Slow Economic Growth, and Erode Financial and National Security
President Barack Obama revealed his budget request for the 2015 fiscal year on March 4—one month after the legal deadline for the President’s budget proposal. The document outlines the President’s agenda for a government that allegedly will bring “opportunity, growth, and security” through higher federal spending, cuts in the armed forces, more than $1 trillion in tax hikes, and broad government overreach into the affairs of individuals, businesses, and localities.
