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Elizabeth Macdonald Archive

  • Games States Play with Underfunded Pensions

    Published October 09, 2012

    Public pension funds across the country are severely underfunded, threatening the retirement security of government workers and the wallets of taxpayers.

  • The Real Unemployment Rate

    Published October 05, 2012

    What would the unemployment rate be if all the people who want a job suddenly re-entered the workforce? Answer: 11.63%. 

  • Romney's Odds of Winning Edge Higher

    Published October 04, 2012

    GOP presidential contender Mitt Romney's odds of winning the election rose to 34% on the heels of Wednesday night's debate, according to Intrade.

  • Taxing Millionaires at 100% Wouldn't be Enough

    Published September 24, 2012

    If the U.S. took all the adjusted gross income of all millionaires, it would only pay for 2-1/2 to 3 months of federal spending, according to FOX News analysts.

  • CBO: Health-Law Tax to Hit 50% More Than Estimated

    Published September 20, 2012

    The nonpartisan Congressional Budget Office now says six million people will have to pay the individual mandate tax at a higher estimated cost of $6.9 billion to $8 billion, once the law rolls out in its entirety in 2016.

  • Romney Recasts Remarks

    Published September 19, 2012

    GOP presidential contender Mitt Romney is now trying to recast off-the-cuff comments he made earlier this year, where he claimed 47% of Americans get government benefits and don't pay federal income taxes.

  • Study: Uncertainty is a Drag on the Economy

    Published September 18, 2012

    A study from the San Francisco Fed says uncertainty about the future 'depresses economic activity and holds down inflation.'

  • Romney Reminds U.S. Who Pays Federal Taxes

    Published September 18, 2012

    The issue of exactly who pays federal income taxes is once again hitting center stage on the presidential campaign trail.

  • Five Ways to Save at the Gas Pump and Grocery Store

    Published September 14, 2012

    Nothing tests the sanity of the ordinary American more than seeing gas prices steadily climb at the pump or food prices inexorably rising at the cash register. Here are some ways to keep your wallet happy.

  • Entitlement Reform at the Heart Of Moody's Warning

    Published September 12, 2012

    Underlying the warning from Moody’s Investors Service that it would cut its triple-A rating on the U.S. is a concern that the U.S. government has lost control of entitlement programs.