In 6 Months Since Budget Deal: Debt Up $1 Trillion

In the six months that have passed since then-retiring House Speaker John Boehner and Senate Majority Leader Mitch McConnell cut a budget deal with President Barack Obama that suspended the legal limit on the federal debt until March 15, 2017, the federal debt has increased by just over $1 trillion.
Read more at CNS News Read More......

Budget deal would nix popular Social Security claiming strategies

A budget agreement reached by congressional leaders and the White House would kill popular Social Security claiming strategies shortly after the measure becomes law, cutting off payments in midstream for beneficiaries, according to experts.


Read more at Investment News Read More......

Half of Ryan-Murray Budget Cuts Don't Happen Until 2022

The budget deal announced Tuesday by Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA) would boost federal spending by around $65 billion over the next two years. This new spending is offset by increasing user fees, boosting pension contributions by federal employees and the military, and other minor changes. Ryan and Murray also say that the deal will reduce the deficit by $23 billion over the next 10 years. This reduction, however, doesn't start until 2022. According to a 4-page summary document of the deal obtained by Breitbart News, "[t]he budget proposal saves $28 billion over ten years by requiring the President to sequester the same percentage of mandatory budgetary resources in 2022 and 2023 as will be sequestered in 2021 under current law."

Read more at Breitbart.com Read More......