The federal government will hit the debt ceiling Thursday and the United States’ authority to borrow money will be capped, Treasury Secretary Jack Lew cautioned last week.
Guess which city is home to the largest number of tax cheats? Yeah. . . It also turns out that the Office of Government Ethics (I think Thomas Jefferson just screamed from beyond the grave) has one of the highest delinquency rates at 6.5 percent. But you better pay your taxes on time, or else. . .
Here is just a sampling of the Citigroup swamp from which Treasury Secretary nominee Jack Lew comes.
WASHINGTON - President Obama's decision to name Jacob Lew, his chief of staff and former budget director, to be his Treasury secretary sent a depressing signal that the economy and jobs won't be his highest priority in a second term.
A trend has taken shape in Washington, and it has put our country on a devastating path towards potential fiscal ruin. The trend is characterized by an unsustainable penchant for spending money we don’t have.
Over the next year, we will probably see much controversy over the implementation of Obamacare. Health insurance is something that almost every adult has some acquaintance with, and there seem to be glitches aplenty in the legislation, much delay in issuing regulations and some possible changes resulting from litigation.
Is there any reason for today's Americans to care about what happens to tomorrow's Americans? After all, what have tomorrow's Americans done for today's Americans? Moreover, since tomorrow's Americans don't vote, we can dump on them with impunity. That's a vision that describes the actual behavior of today's Americans. It would be seen as selfish, callous and ruthless only if it were actually articulated. Let's look at it.