Archive for the ‘Debt’ Category

Comments Off on America’s Sinking Public Pension Plans Are Now $1.4 Trillion Underwater

REASON – After several years of steady investment growth and higher contributions from taxpayers, most of America’s public sector pension plans are still awash in red ink. According to a new report from the Pew Charitable Trusts, the states collectively carry more than $1.4 trillion in pension debt—and only four states have at least 90 […]

Comments Off on A Deceptive and Inaccurate Call for Higher Taxes

INTERNATIONAL LIBERTY – Five former Democratic appointees to the Council of Economic Advisers have a column in today’s Washington Post asserting that we should not blame entitlements for America’s future fiscal problems. The good news is that they at least recognize that there’s a future problem. The bad news is that their analysis is sloppy, […]

Comments Off on Republicans Have Finally Been Revealed as the Party of Fiscal Ruin

REASON – Republicans in Washington have often embraced the idea of fiscal responsibility, and sought to cast themselves as the party of choice for anyone who cares about sound budgeting. This was particularly true during the Obama era, which saw dramatic increases in debt and deficits. Republicans criticized Obama’s budgeting relentlessly, and promised to reverse […]