Growing Debt Hurts U.S. Credit Rating
Leif Le Mahieu writes for the Daily Wire about the negative impact of growing federal debt. The U.S. credit rating was given a negative outlook by Moody’s Investor Service in…
the bond credit rating business of Moody's Corporation
Leif Le Mahieu writes for the Daily Wire about the negative impact of growing federal debt. The U.S. credit rating was given a negative outlook by Moody’s Investor Service in…
Chris Edwards of the Cato Institute explains why the feds should not throw more money at state governments. President Biden and the Democrats are including $350 billion in aid for…
As we approach the end of the Gov. Cooper’s month-long stay-at-home order, state lawmakers have begun to debate possible solutions for responding to the coronavirus. Naturally, much of the discussion…
Randall Forsyth of Barron’s highlights the long-term funding problem plaguing public pension systems. State and local pensions have $8.8 trillion of liabilities, of which only 52% is funded after a…
Jim Grant writes for Barron’s about the impact of a decade-long Fed policy of suppressing interest rates. Medically speaking, low interest rates are disinhibitors. They stir the blood, liberate the…
California is known for many things, and now a push to break up the state tops the list. The push for ‘three Californias’ is the most fascinating current example of…
Aimee Picchi of CBS News highlights bad news for the Prairie State. Illinois residents may feel some solidarity with the likes of Puerto Rico and Detroit. A financial crunch is…
Jesse Hathaway of the Heartland Institute writes for the Washington Examiner about long-term problems facing government pension programs across the 50 states. Tick, tick, tick … That’s the sound of…
Guy Bentley of the Daily Caller highlights some good news for Democratic presidential candidate Hillary Clinton. One of the world’s most well-known financial institutions which correctly predicted every presidential election…
Randall Forsyth of Barron’s offers some intriguing information about Saudi Arabia’s recent financial threats. “YAMANI OR YA LIFE.” That was the priceless pun offered by William Safire, the New York…
Randall Forsyth of Barron’s reminds us that the race to replace John Boehner as U.S. House speaker is just one of the major pieces of business Congress must address in…
Moody’s Investor Service just released a report of the 50 largest local governments in the United States and their pension burdens. The findings show that 31 of the 50 governments…