Question/Comment: Has anyone ever done a study of medium household income to compare what households think they can save to what economists think those households can save? Maybe even further broken down by age group, hopefully indicating wisdom/discipline? Can these…
Presumptive presidential candidates Sens. Barack Obama and John McCain offered contrasting approaches to mend a sluggish economy this week, with Obama emphasizing an active government role in providing assistance and McCain calling for lower taxes and spending cuts.
Question/Comment: How can any elected official do anything about the economy when 90 percent of the budget goes to the military, entitlement programs, earmarks and the national debt? Paul Solman: She or he can vote to spend less (or more)…
Question/Comment: Is it possible that Boomers are not spending as we used to do? I know that my purchases of clothing, food, and what is known as durable goods, are not something that I purchase as much as I used…
President Bush on Wednesday reiterated his intention to veto legislation that sets a timetable for pulling out of Iraq. The NewsHour reports on the potential showdown between Congress and the president over the war.
U.S. health care spending is expected to increase dramatically over the next decade, from $2 trillion to over $4 trillion by 2016, according to a government report released Wednesday. NewsHour health correspondent Susan Dentzer explains the report.
President Bush said larger than expected tax revenue has cut the federal deficit, validating his tax cuts. Former Labor Secretary Robert Reich and Wall Street Journal writer Stephen Moore debate what the new numbers mean for the health of the…
A $92 billion emergency spending bill already has the support of President Bush and approval by the House. However, the Senate has added $14 billion dollars for projects they consider emergencies, and the president is threatening to veto the bill.
New statistics indicated that health costs in the U.S. rose some 8.7 percent in 2001, marking the single largest increase in ten years. The escalating expense of care was driven in large part by the cost of prescription drugs and…
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