Latest Deficit spending Stories
"A Nation in the Red" Dallas-based Author Says the Government Has Failed NEW YORK and DALLAS, Jan.
A British think tank says paying off the debt taken on to combat the recession could require raising the country's retirement age to 70. The added income tax revenue and reduction in retirement benefits would offset the debt if retirement ages -- currently at 60 for women 65 for men -- were changed to 70 for 10 years, the National Institute for Economic and Social Research said in a report. An alternate approach would be for the government to raise the income tax rate or cut government...
- A hairdresser.