Public money may not be enough in 2008
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Those three dollars you've set aside in your tax returns as a good deed toward clean presidential elections? Forget about it. Nobody wants them anymore.
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By Malcolm Moore, Economics Correspondent (Filed: 28/08/2004). The US may not be able to fund its pensions and healthcare commitments, and must make changes soon, Alan Greenspan, chairman of the Federal Reserve, warned yesterday.
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Retirement benefits for U.S. public employees could cost states some $2.73 trillion over the next three decades, according to a report released on Tuesday by the Pew Charitable Trusts.
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Why this familiar financial rule-of-thumb falls very, very short.
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Money is running out for some local governments who use pension funds to help pay for retired workersâ health care.
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REBATE DOUBTS: Despite remarkably quick passage, the economic aid plan and its cash rebates may come too late to prevent a recession this year. Critics say debt-burdened consumers will use the money to pay bills rather than spending the checks and spurring growth.
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Record deficits are threatening our economy and future generations, but neither Bush nor Kerry are addressing that reality. Election seasons rarely produce much honest talk about budgets and taxes, but the
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At their national convention, Republicans were short on specifics on how to pay for an economic agenda in a second Bush administration. One reason is that President Bush could end up having to back a tax increase, just as his father did.
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Budget cuts and old habits may interfere with good intentions.
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Convenience store owners, state governments and environmental groups received something in President Bush's 2008 budget last week they have been lusting for: a little more cash to inspect leaking underground-storage tanks.
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Democratic White House hopefuls have opened a fundraising gap of tens of millions of dollars over Republicans, with the 2008 race on course to become the first billion dollar US election.
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This Chapter of the video discusses the increased budget from the US government from $200 million to $15 billion in 2003 and again to $30 billion in 2007. Ambassador Hope advises that it is too big of a problem for a small solution.
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You need an emergency fund. What you don't need are excuses to burn through it.
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Don&#39;t hold your breath for big change, the election will make little difference to American wallets. By David R. Francis. Economics takes a beating in the political season.
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For anyone who is worried about the economy, 2008 is off to a lousy start.
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Investor's Business Daily - The economy will be "very weak" for several months and grow modestly in '08, but inflation remains a concern, said Richmond Fed chief Jeffrey Lacker. "I am uncomfortable with the inflation picture. ... If energy prices fail to decline, monetary policy decisions will be that much more difficult in 2008," he said. Lacker, who doesn't have a vote in policy decisions this year, is a well-known inflation hawk.
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Wins are pumping money into candidates' campaign funds. Yet money alone is not translating into victories.