By
Chris Hellman
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Budget Process
Now that the elections are over, in Washington it’s all about the fiscal cliff. If you haven’t heard that phrase yet, you will soon. And often.The term “fiscal cliff” refers to the combination of two major events that will occur at the end of the year should Congress fail to ...
By
Guest Blogger
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Budget Process,
Debt & Deficit
Millennials have just as much of a stake in the answers to long-term budget questions as we do in the short-term decisions concerning the economic recovery. First, Millennials prefer a balanced approach with regards to deficit reduction.
By
Chris Hellman
,
Mattea Kramer
Posted:
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Budget Process
The two presidential candidates have put forth very different proposals on nearly every issue, and now it's up to voters to choose the path our country will take for years to come. From Medicare to education to budget deficits, here's where the candidates stand on 12 key issues: Candidate ...
By
Mattea Kramer
Posted:
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Health Care
Last week we got a call from Ayesha in Houston, Texas. She said she heard Obamacare will be funded through taxes, so she wanted to know how much more she'd have to pay. Here's the scoop. Only some people will pay higher taxes as a result of Obamacare. Will you be one of them?
By
Chris Hellman
Posted:
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Budget Process,
Military & Security
During Monday’s presidential debate both candidates discussed their plans for future Pentagon spending. Gov. Romney claimed that President Obama would cut $1 trillion from the Pentagon’s budget, while President Obama questioned how Gov. Romney would fund $2 trillion in new Pentagon spending.So what’s going on here? Let’s look at some ...
By
Mattea Kramer
Posted:
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Military & Security
When asked if they support cutting certain types of federal spending, many Americans say they'd like to see the U.S. reduce the amount of aid we give to foreign countries. So it's worth knowing: How much does our federal government currently spend on foreign aid?
By
Becky Sweger
Posted:
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Budget Process,
Education
Once again, NPP contributed facts about the budget, taxes, and federal spending to the Presidential Debate conversation happening on Twitter. Here are some of our most popular tweets.
By
Chris Hellman
Posted:
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Budget Process,
Social Insurance, Earned Benefits, & Safety Net
Because the Social Security program is an earned benefit programs – future beneficiaries pay into the system while they are members of the work force – it is often assumed that your benefits are based on your contributions to the program. In this model, Social Security operates like a government ...
By
Mattea Kramer
Posted:
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Debt & Deficit,
Social Insurance, Earned Benefits, & Safety Net
Paul from Northampton, Mass., wrote in to ask: "Some politicians say Social Security in no way contributes to the deficit. But for the last two years Social Security expenditures have exceeded Social Security revenues. How does this not contribute to the deficit?" Good question, Paul.
By
Chris Hellman
Posted:
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Budget Process,
Debt & Deficit
The Oct. 1 start of the new fiscal year passed quietly this year, as Congress recessed in mid-September so House and Senate members could return to their districts to campaign before the critical November elections. Members plan to return to Washington in mid-November for a “lame duck” session of Congress, during which there will be pressure to address a number of major issues.