Tags: budget

Infographic of the Day: Overspending by Consumers

January 18th, 2013
in econ_news, syndication

The infographic highlights some stats and facts regarding how Americans overspend. Since 52% of Americans spend more than they earn, there are a lot of US households teetering on the brink of financial ruin.     Courtesy of: Infographix… more »

How the Budget Control Act Is Effecting Military Pay

November 15th, 2012
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CBO estimates that DoD’s funding for fiscal year 2013 will drop to $469 billion—about 11 percent below Department of Defense (DoD) request for the year—if all provisions of the Budget Control Act of 2011 are enforced.   The DoD requested about $150 bil… more »

CBO: Possible Changes for a Sustainable USA Budgetary Path

November 9th, 2012
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A summary of the Congressional Budget Office (CBO) Report: This report reviews the magnitude and causes of the federal government’s budgetary imbalance, various options for bringing spending and taxes into closer alignment, and criteria that lawma… more »

Options for Falling Off the Fiscal Cliff

November 9th, 2012
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Estimated Increase in the Deficit from Eliminating Various Components of Fiscal Tightening Scheduled for Fiscal Years 2013 and 2014 (Billions of dollars) From the Congressional Budget Office Report: Substantial changes to tax and spending pol… more »

CBO Presentation: Choices Ahead for Spending and Taxes

September 18th, 2012
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click on image to watch slideshow more »

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