Budget Basics

Budget Basics

Having trouble understanding the federal budget?  Do you shutdown when you hear politicians talking about ways to cut the deficit?  Is it hard to understand cutting the budget when you don’t really know how the government spends your money? Here is a quick overview of the budget and key term...

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Solutions Basics - The Millennial Edition

Solutions Basics – The Millennial Edition

If you’ve been paying attention to the debate over the deficit in Washington you’re probably sick of the banter and confused as to what is really going on and what a solution to our deficit should look like. Over the past year we’ve seen a flood of deficit reduction plans and playground...

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Generationship

Generationship

Generationship – Reducing our debt and deficits in a manner the equitable across generations by having a dialogue between generations about the trade-offs and sacrifices that will need to be made. Our country is confronting huge spending challenges.  Not only is the national debt over $14....

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3 Things We Need to Move the Budget Debate Forward

3 Things We Need to Move the Budget Debate Forward

The federal budget is a hot topic these days in Washington.  Both parties are using it as a platform for political posturing for the upcoming 2012 elections.  From the media coverage our debt has been getting it would seem that the debate is moving along and we’re getting closer to some sort...

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National Debt The Quick Facts

National Debt The Quick Facts

In 2011 the US borrowed $1,316,000,000,000 trillion.  A little less then we borrowed in 2010 at over $1,400,000,000,000 trillion. Both years that was more than enough to cover our discretionary spending. Which means we borrowed to fund most government services including defens...

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A Millennial Solution

A Millennial Solution

Right now the deficit debate in Washington is hotter than ever.  If you’re like most Americans you’re already turned off by the partisan politics that have come along with it.  So out of habit you’ll tune out what is being said and hope it goes away.  After all Baseball starts in April and ...

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Debt Limit?  WTF is That?

Debt Limit? WTF is That?

The nation's debt limit, sometimes called the debt ceiling is very similar to the limit on your credit card.  Only about $16 trillion more then yours.  It's the max amount that the US can borrow on its card, the United States of American Express.  Unlike you however, when America maxes out its ca...

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5 Things Young Americans Should Consider When Voting

5 Things Young Americans Should Consider When Voting

The Deficit Minded Young American 5 Points Young Americans Should Consider When Voting Does the person I’m voting for have a plan? Most members of Congress and candidates talk a lot about the need to reduce our deficit and control the national debt, but few have a realistic plan.  Before...

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Speaking for Young Americans on the Debt

Speaking for Young Americans on the Debt

Co-Founder of WeCantPayThatTab.org Ryan Schoenike speaks to the president's Fiscal Commission about the lack of youth representation on the commission and the need for congressional leaders to engage young Americans and get out and explain the national debt problem to Americans. ...

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PAYGO?  Pay Who?

PAYGO? Pay Who?

PAYGO legislation (short for pay-as you-go) was first enacted in 1991 and let to expire 2002.  It received its name because it required Congress to make sure they had a way to pay for the bills they passed, either by increases in taxes or cuts in spending to other areas.  Under PAYGO the defic...

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