The Australian Council of Superannuation Investors (ACSI) revealed the 10 highest paid CEOs in the ASX200 listed companies, with Qantas chief executive Alan Joyce coming out on top. The 10 CEOs on the list earned more than $10 million dollars, with Joyce earning more than $23 million. The report also […]
The federal deficit hit $US779 billion in fiscal year 2018, the highest since 2012. Republicans have suggested that the US needs to cut entitlements – Medicaid, Medicare, and Social Security – to get the deficit under control. But most Americans would rather reverse the GOP tax law and raise revenue […]
Senate Majority Mitch McConnell said both parties should sign on to entitlement reforms to help get the deficit under control. McConnell said any deal to reform entitlements like Social Security and Medicare would have to be bipartisan. There’s no way Democrats are getting on board with entitlement changes. Senate Majority […]
Former House Speaker John Boehner weighed in on current Speaker Paul Ryan’s retirement. Boehner said Ryan’s “biggest disappointment” has been his inability to rein in the federal debt. Boehner also pinned some of the blame on President Donald Trump. Former House Speaker John Boehner thinks his successor, Paul Ryan, will […]
House Speaker Paul Ryan announced he will not run for reelection in November and retire from Congress at the end of the term. The move likely dooms any chance for a major legislative push before the midterm elections. House Speaker Paul Ryan’s decision against seeking reelection not only leaves a […]
House Speaker Paul Ryan has long wanted to enact entitlement reforms through cuts to Medicaid, Medicare, and Social Security. Ryan said in December that he wanted to tackle the issue in 2018. On Friday, Ryan admitted that these programs would not see changes in the upcoming legislative year. House Speaker […]
President Trump told a Republican member of Congress that he was willing to go after Social Security at the start of his second term. House Speaker Paul Ryan has expressed interest in entitlement reforms as soon as 2018. WASHINGTON – President Donald Trump told a Republican member of Congress that […]
Politicians in hot water.
House Speaker John Boehner (R-Ohio) found a...
A Christmas peace offering?
An NBER working paper study finds that the extension in unemployment benefits during the great Recession may be responsible for weak jobs growth.
This can't be sustainable.
The progressive backlash.
Billionaire hedge fund god Stanley Druckenmiller told Bloomberg TV’s Stephanie Ruhle that old people today are essentially stealing from the younger population via entitlement transfer payments.
I was born in 1946, just when the boomer wave began. Bill Clinton was born that year, too. So was George W. Bush, as was Laura Bush. And Ken Starr (remember him?) And then, the next year, Hillary Rodham was born. And soon Newt Gingrich (known as “Newty” as a […]
[credit provider=”Courtesy of WhiteHouse.gov”] President Barack Obama will pivot back to the economy and jobs during his State of the Union Tuesday, shifting away from the progressive social agenda that he pushed in his second inaugural address. Senior White House officials say that the Obama will use the State of the […]