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Senator Larson says it is a fatal mistake as lost revenue is not made up leading to a Medicare insolvency in 2031, and Social Security insolvency in 2033. Social security benefits will then by law will be cut in 2033 by 25%, a dangerous step tragic for many on Social Security who are pushed into poverty.
Grouped Articles
CNBC 08/17/2024
Committee for a Responsible Federal Budget 08/17/2024
Trump wants to cut income taxes on Social Security. Here's how that would impact your benefits.
CBS News 08/17/2024
Gordon sees a weakening in growth from the 3.24% growth in 1st quarter 2010 (BEA numbers) as exports are not holding up and state and local government spending is deteriorating rapidly. The inventory change numbers which were signifcant this quarter as businesses replaced equipment and IT, will be winding down in size.
Grouped Articles
At Least 50 of Cityâs Senior Centers Expected to Close to Save Money
New York Times 04/30/2010
Business Spending Propels Recovery
Wall Street Journal 05/01/2010
Guest Contribution: Gordon Outlines Pessimist, Optimist Takes on GDP
Wall Street Journal 04/30/2010
Economists React: GDP Indicates Road Ahead Still Bumpy
Wall Street Journal 04/30/2010
Real Disposable Income: Bad News for Democrats?
BusinessWeek 06/03/2010
Wall Street Journal 06/12/2010
With the government's investment in GM and its clear mandate for higher fuel efficency under the Obama administration, and with Ford's committment to fuel efficiency leadership, as well as the operation of Chrysler by Italian small carmaker Fiat, the move is towards smaller cars, large gains in fuel efficiency, and investment in hybrid cars.
Grouped Articles
Wall Street Journal 01/17/2014
Fuel-Efficiency Technology Gives Fiat a Boost in Bargaining to Acquire Chrysler Stake
Wall Street Journal 04/07/2009
With Gas Prices Less of a Worry, Buyers Pass Hybrid Cars By
New York Times 05/14/2015
Ford looks to lead pack in fuel eficiency.
Detroit Free Press 01/09/2010
Cars shrink under pressure from government and consumers.
Detroit News 01/09/2010
Small Engine shift signals big changes for buyers.
Detroit News 01/09/2010
Malone sees the conditions in the macroeconomic picture, as critical in the future for all companies. He thinks things will be pretty tough in the next 1-2 years. It will be the bigger consumer sentiment and retail picture that will determine how his industry will do, says Malone.
Grouped Articles
For Liberty Global, the Next Step Is the Content
Wall Street Journal 07/30/14
Only $10 million annual increase to control fraud has been allocated in the bill. Its not likely to do much to control the overbilling and may be one more reason the health care reform bill will be a failure in controlling costs. Pricing of pharmaceutical products and healthcare services as the major unsolved problem in the U.S.
Grouped Articles
New York Times 12/21/13
BusinessWeek 12/10/09
How the Senate bill would contain the cost of health care : The New Yorker
New Yorker 01/04/10
In Battle Over Health Law, Math Cuts Both Ways
New York Times 01/07/11
House Approves Health Law Repeal
Wall Street Journal 01/20/11
A grim diagnosis for our ailing U.S. health care system - The Washington Post
Washington Post 11/28/11
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