Want To Learn About Entitlements? Part 2: The Problems 2

By Daniel McKay
Want To Learn About Entitlements? Part 2: The Problems
We recently covered in Part 1 some basic facts about entitlements, or “earned benefits,” that gave a pretty good outline of what they are, how they are funded and our expenditures. This segment will go more into detail about the issues we face in the coming decades surrounding entitlements. “the future is bleak, short-term projections show a fund that ...

Want To Learn About Entitlements? Part 1: The Facts 6

By Daniel McKay
Want To Learn About Entitlements? Part 1: The Facts
Welcome to part 1 of our 3 part US entitlements series: The Facts Definition: Entitlements are guarantees to benefits by right or law. In the United States entitlements are Social Security, Medicare, Medicaid, Children’s Health Insurance Program (CHIP), Food Stamps, veterans benefits, Welfare, unemployment insurance, supplemental security income, student loan programs, school food programs etc… The list ...

What Does A Romney Presidency Look Like For The Budget? 1

By Daniel
What Does A Romney Presidency Look Like For The Budget?
We’ve already covered Obama, now it’s Romney’s turn. What would unravel in the budget war should Romney be elected? If Romney wins, political powers will clash and a decision will be delayed until Romney can take office – expect entitlement cuts. Fiscal Armageddon, as you’ve heard it – “The Fiscal Cliff” is set to swing ...

Do we really NEED to be concerned about the debt? 8

By Daniel McKay
Do we really NEED to be concerned about the debt?
Do we really NEED to be concerned about the debt? In short, yes. However, there are many aspects that one needs to look at and in the short-term, maybe not. The total outstanding debt of the United States federal government stands at just around  16 trillion dollars (that’s 16,000,000,000,000.00) according to the US debt clock . That ...