Posts Tagged ‘deficit’

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    Medicare Math

    May 1, 11 • 352 Views • No Comments

    The ratio is 3 to 1. The “3” is how much Medicare recipients are receiving. The “1” is what they paid. Still though, you can see from this NPR report why most people call Medicare an entitlement. According to a study from the Urban...  [read more]

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    Income Tax Matters

    Apr 22, 11 • 333 Views • No Comments

    Woodrow Wilson once said that paying taxes was a “glorious privilege.” However, a recent Gallup poll confirmed what we probably already knew. Most of us do not want to pay higher taxes. Upper income households (67% of those polled) say current...  [read more]

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    Federal Spending Questions

    Apr 21, 11 • 319 Views • No Comments

    Hearing the following, one Washington Post reporter said, “Four pinocchios.” In a February survey of 801 “likely” voters, a majority (63%) said that the biggest budget items were defense and foreign aid. Also, they suggested...  [read more]

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    Baseball Salaries and Taxes

    Apr 14, 11 • 279 Views • No Comments

    There is a connection between baseball and President Obama’s budget proposals. Let’s start with USA Today’s baseball salary database. For 2011, at $32 million, NY Yankees’ 3rd baseman Alex Rodriguez earns the most; #2 is LA...  [read more]

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    Your Budget Proposal

    Apr 12, 11 • 260 Views • No Comments

    Several months ago, the NY Times published an interactive budget exercise. The goal was for each of us to decide how we would deal with a skyrocketing deficit. Now, with President Obama scheduled to present a major speech on his budget proposals, you might...  [read more]