The amount of federal debt held by the public is projected later this year to surpass 70 percent of the nation's annual economic output, the nonpartisan Congressional Budget Office said Tuesday in a report that spotlighted the stark choices policymakers face on taxation and government spending.
Comment On Cbo: Federal Debt To Exceed 70 Percent Of Economic Output
CBO: Federal debt to exceed 70 percent of economic output
Tue, 06/05/2012 - 3:22pm — Top Stories - Google News
Comment On This Story
Welcome to Wopular
Hi, thanks for visiting! Check out my blog
to learn how I created Wopular and Rotten Tomatoes with next to nothing.
Senh Duong (Founder)
Wopular,
Rotten Tomatoes
Related News
- On Marijuana Tax, Colorado Asks: What’s Too High?
New York Times, Wednesday - 04/24/2013 - 10:50 AMLegislators will consider rates totaling up to 30 percent, hoping to pay for new laws without driving customers back to the black market.
More | Talk | Read It Later | Share - Senate planning vote on Internet sales tax bill
Washington Post, Sunday - 04/21/2013 - 01:40 PMThe days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. Read full article >>
More | Talk | Read It Later | Share - Where do more tax cheats live? South and West, IRS study shows
NBC News, Monday - 04/15/2013 - 10:29 AMWorried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles. You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia. A new study by the National Taxpayer Advocate used confidential IRS data to show
More | Talk | Read It Later | Share - Obamas paid $112,000 in taxes in 2012
USA Today, Thursday - 04/11/2013 - 10:37 PMPresident Obama and Vice President Biden released their tax returns on Friday.
More | Talk | Read It Later | Share - Sliced bagel tax? Travelers, beware America's strangest taxes
NBC News, Thursday - 04/11/2013 - 01:00 PMAlthough taxes are one of life’s certainties, they can still surprise you.Consider the iconic New York bagel: decide to have yours toasted, and it’ll come with a tax. The rationale is that sliced bagels are usually consumed on a café or store’s premises—and restaurant meals are taxed, whereas groceries (like a dozen unsliced bagels) are not.State governments can be remarkably efficient when it com
More | Talk | Read It Later | Share