national debt

Hammering an Idea for Stingier COLAs

Posted on 02/7/2013 by |Washington Watch | Comments

Bulletin Today | PoliticsThis video might leave you with the impression that nobody wants a proposed change for calculating cost-of-living adjustments (COLA). Not older Americans. Not veterans. Not women. Not labor. And certainly not independent U.S. Sen. Bernie Sanders of Vermont. That the so-called chained Consumer Price Index has no support isn’t the case, of course, or these people wouldn’t have met at the U.S. Capitol to take turns bashing the proposal. Though the formula would slow increases in Social Security, veterans and …

Generational Warfare Finds a New Dance Step

Posted on 12/6/2012 by |Washington Watch | Comments

Bulletin Today | PoliticsPartisan warfare and class warfare, move over. Generational warfare is back … well, at least tongue-in-cheek needling is. And who better to lead the charge for the 20- and 30-somethings than a cranky octogenarian? That would be Alan Simpson, former U.S. senator and co-chair of President Obama’s bipartisan debt commission. He appears in a new video to help a group called The Can Kicks Back draw attention to its cause: reducing the $16.3 trillion federal debt that the millennial generation …

The Newest Fiscal Solution — Designed by You

Posted on 11/29/2012 by |Washington Watch | Comments

Bulletin Today | PoliticsSick of hearing how politicians can’t solve the nation’s debt crisis? The debt to gross national product ratio is creeping up to scary levels, according to economists. Congress passed the ball to a super committee, which couldn’t solve the problem. Then it set up automatic cuts and tax hikes that go into effect next month — but now many lawmakers want to undo that. To people sitting at home thinking they could do a better job: Have at it. There …

Presidential Debate #1: Obama and Romney on Medicaid

Posted on 10/4/2012 by |Politics | Comments

Bulletin Today | PoliticsDebate #1 moderator Jim Lehrer devoted a segment to the national debt. The discussion turned to Medicaid. Obama on Medicaid Romney on Medicaid See also: Presidential Debate #1: Obama, Romney on Medicare Presidential Debate #1: Obama, Romney on the health care law Join the online discussion Election 2012 Debate Season