Budget expert Stan Collender doesn't even like the "tax rebate" terminology used by Washington, since many of the poorer recipients will have paid no 2007 federal income tax or amounts less than their government check. The stimulus package, he says, is really "pure borrowing … just increasing the [federal] deficit." picked by DerAlt 6 months ago tags Debt rebates taxes federal budget economy deficit |
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Republican John McCain said Sunday that cutting taxes and stimulating the economy are more important than balancing the budget, and accused both Hillary Rodham Clinton and Barack Obama of supporting tax hikes that would worsen the impact of a recession. picked by JDRucker 6 months ago 3 comments edit related share politics |
If they were forced to use the same accounting methods as everybody else the number would be more like $2.5 TRILLION! 0 comments edit related share politicsAccounting magic at it's best. picked by tigertony 5 months ago |
WTF? 5 comments edit related share politicsThe average American income is less than $40K... People in that earnings range budget all the time. Note:This article is submitted not for its content, but as an exhibit in itself. picked by fugazi 7 months ago |
Which means up to $600 for me, you, and pretty much everyone else who is paying taxes in America. I think its an absurd idea but you sure as hell don't see me complaining. 2 comments edit related share worldUpdate to this post. picked by mahler87 8 months ago |
Americans' percentage of equity in their homes fell below 50 percent for the first time on record since 1945, the Federal Reserve said Thursday. That marks the first time homeowners' debt on their houses exceeds their equity since the Fed started tracking the data in 1945. picked by 2longdogs 7 months ago 0 comments edit related share politics |
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Not THAT American Pie. This game is an educational tool to show how every taxpayer's dollar actually gets divided up by the federal government. 1 comments edit related share plime.com51% of discretionary spending goes to national defense??? Compared with 4% to veterans benefits and services??? picked by mahler87 8 months ago |
Just two generations ago, America was a nation of mostly thrifty people living within their means, even setting money aside for unforeseen expenses. 1 comments edit related share worldToday, Americans carry $2.56 trillion in consumer debt, up 22 percent since 2000 alone, according to the Federal Reserve Board. The average household’s credit card debt is $8,565, up almost 15 percent from 2000. picked by BWallaby 3 months ago |
Before you criticize the presidential candidates' budget priorities, see how YOURS would affect the country by playing this Budget Hero! game. Good luck... and don't forget about the little people. picked by meggysue 1 month ago 5 comments edit related share plime.com |
"Federal employees charged millions of dollars for Internet dating, tailor-made suits, lingerie, lavish dinners and other questionable expenses to their government credit cards over a 15-month period, congressional auditors say." picked by gammerus 6 months ago 2 comments edit related share politics |