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  • WSJ: The Deficit Rises Again
    Posted in Articles on January 25, 2016 | Preview rr

    Perhaps you’ve heard President Obama’s talking point that the federal budget deficit has fallen by two-thirds on his watch. That overlooks that the deficit first soared on his watch, and then fell thanks largely to the GOP House and modest economic recovery, and that as he leaves office he is going to need one more asterisk: The deficit in 2016 has begun to rise again, in dollars and as a share of the economy. And after he leaves office, it takes off. That was the news Monday in the Congressiona... Read more

  • The Federalist: Under Obama, Student Loans Hit Record High
    Posted in Articles on October 28, 2015 | Preview rr

    By Bre Payton Graduates from the class of 2014 can thank President Obama that they’re exiting college with the highest student loan burden ever. They graduated with an average of $28,950 in student loans, according to a new study by the Institute for College Access and Success (TICAS). When TICAS began recording student loan burdens among students at the time of graduation in 2004, the average was $18,550. Since then, it’s increased by 56 percent, more than double the inflation rate of 25 percen... Read more

  • WSJ: Washington's Revenue Windfall
    Posted in Articles on October 18, 2015 | Preview rr

    The White House is crowing about the budget results for fiscal 2015, which ended September 30, and it’s true that Americans have been very generous to Washington. The federal government can celebrate record revenue of $3.249 trillion thanks to an 8% increase in receipts for the year. The revenue boom includes a huge 10.3%, or $144 billion, increase in individual tax payments to $1.538 trillion. Corporate tax receipts were only a little less generous, growing 7.3% to $344 billion. Payroll taxes c... Read more