The Third Rail of American Politics Is Live
The Congressional Budget Office's economic outlook for the next 10 years, released in late January, found that the federal deficit will balloon to 4% of GDP by 2025 from 2.8% today, thanks in large part to entitlement programs like Social Security.
Keith Hall Named New CBO Director, Replacing Elmendorf
Keith Hall, chief economist of the International Trade Commission, will start his four-year term on April 1.
Axel Merk: All Roads Lead to Gold
Negative real rates, the risks of holding cash and coming market instability are among the factors suggesting an increased allocation to the precious metal.
Top 7 Income Sources in America
While wages dominate, the idea that the middle class doesn't earn substantial returns from capital is false, the Tax Foundation says.
CBO Says Entitlements Will Cause Ballooning Deficits
Does that mean reform of Social Security and health care programs is coming? Probably not, says strategist Greg Valliere.
Medicare Premiums to Remain Stable in 2015
Medicare Part B premiums will remain the same in 2015 as in 2014 and 2013, according to the Department of Health and Human Services
The Shriveling of America's Tax Base
The low-tax route to global economic crisis.
Obama Econ Aides Descry Mystery in Workforce Participation Drop
White House advisors point to aging population, cyclical factors and a mysterious third factor, perhaps emanating from the Great Recession, for suppressing employment.
Social Security Disability Fund Teeters on Brink of Broke
Social Security's chief actuary warned senators that the disability trust fund needs help "soon" or reserves will run out in 2016.
U.S. Debt Path ‘Unsustainable’ Thanks to Social Security, Health Care: CBO
The Congressional Budget Office predicts rising debt and growing budget deficits in the next 25 years.