Government Budget: The growth is government spending may seem to be a political issue but the fact is that both parties have agreed to the large increases in government spending. They also have mostly agreed to finance these through borrowing. ...
IDR programs include three primary components: an income exemption — measured as a percentage of the federal poverty level; an assessment rate — the share of non-exempt income the borrower must put toward repaying the loan; and a term to forgiveness — the period over which a...
Over the first three decades of the 20th century, while welfare programs were blossoming in Europe, in the United States the share of the national output devoted to public-welfare spending (pensions, unemployment, health, and all the rest) not only failed to rise but apparently declined. The ...