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Tag: Budgets and Deficits

The dream of building a system of bullet trains in the United States akin to what exists in Europe involves massive and sustained government spending, more money for unions, and promises to move the nation away from car-based transportation. Thus, it represents everything that excites American liberals. (iStock)
Columnists

A high-speed train wreck for Obama and liberalism

Philip Klein -
0
Detroit Mayor Mike Duggan speaks to the media during a news conference on Thursday, Aug. 7, 2014 in Detroit. Duggan announced the city will offer affordable payment plans to many delinquent customers. Detroit shut off water service to around 17,000 to 18,000 residential customers, about 10 percent of the roughly 170,000 total. About 60 percent to 70 percent have been restored, and officials said restorations continue. Shutoffs have been halted until Aug. 25. (AP Photo/Detroit News, Todd McInturf) DETROIT FREE PRESS OUT; HUFFINGTON POST OUT
Business

Detroit mayor announces water bill collection plan

Jeff Karoub -
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FILE - In this Friday, Nov. 23, 2012, file photo, a man examines a row of washers and dryers while shopping at a Sears store in Henderson, Nev. Consumer spending has recovered at a much slower pace in states with big housing busts, a stark illustration of how the housing downturn has weighed on the economy years after the recession. Spending in Nevada rose just 3.5 percent in the first three years after the recession ended, the weakest of any state and far below the national average of 10.7 percent, according to a new annual government report. (AP Photo/Julie Jacobson, File)
Business

Oil boom and housing bust alter US spending trends

Christopher Rugaber -
0
The Transportation Department on Thursday announced almost $334 million in emergency funds to help 21 states repair roads and bridges damaged by storms, floods and other unexpected emergencies. (iStock Image)
Infrastructure

Twenty-one states will get millions to repair roads damaged by storms

Sean Lengell -
0
If you have $400 to spare, count yourself lucky: Half of Americans would have trouble raising that amount in an emergency, according to a new report that suggests that many U.S. families face surprising financial difficulties. (iStock Photo)
Economy

You’re better off than the average American if you can come up with this much cash

Joseph Lawler -
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FILE - In this Aug. 8, 2011, photo, the Fannie Mae headquarters is seen in Washington. Fannie Mae reports quarterly financial results on Thursday, Aug. 7, 2014. (AP Photo/Manuel Balce Ceneta, File)
Business

Fannie, Freddie post profits in 2Q; pay dividends

Marcy Gordon -
0
According to usdebtclock.org, which continually tracks such things, the total federal unfunded liability as this edition of the Morning Examiner is written is more than $118 trillion. That's more than $1 million for every taxpayer. (iStock Photo)
Beltway Confidential

If the government doesn’t know how much it spends or how much it owes, how can it know anything?

Mark Tapscott -
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FILE - In this Aug. 8, 2011, photo, the Fannie Mae headquarters is seen in Washington. Fannie Mae reports quarterly financial results on Thursday, Aug. 7, 2014. (AP Photo/Manuel Balce Ceneta, File)
Economy

Fannie Mae earns $3.7B in 2Q; paying $3.7B to US

Washington Examiner -
0
(iStock)

What happened to $619 billion? Don’t ask the federal government

Kelly Cohen -
0
President Barack Obama listens to a question during a news conference at the U.S. Africa Leaders Summit in Washington, Wednesday, Aug. 6, 2014. (AP Photo/Jacquelyn Martin)
Business

Obama reviewing options on corporate tax loophole

Darlene Superville -
0
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