“These kinds of cuts are really unprecedented,” Rice told me. “The Section 8 voucher program has been around for nearly 40 years—it was created during the Nixon Administration and has had strong, bipartisan support for its entire history. 28 more words
Tags » Fiscal Cliff
Here is a good explanation of what the Export-Import Bank is and does. I’ve heard that name recently in the context of, shall we say, “what obscure and historically boring but very, very important part of the federal government does the Tea Party want to destroy next” stories, and was glad to come across this article. 292 more words
The $85 billion in automatic cuts working their way through the federal budget spare many programs that aid the poorest and most vulnerable Americans, including the Children’s Health Insurance Program and food stamps.
Brian S. Wesbury – Chief Economist
Bob Stein, CFA – Dep. Chief Economist
Strider Elass – Economist
We want a nickel for every time we’ve heard the question: “Aren’t you worried that on July 1, when FATCA goes into effect, the dollar and financial system will collapse as a cascade of money leaves the US? 703 more words