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Has seen Discretionary Spending drop three years in a row. Never before in my lifetime have we seen such a thing. I credit this body with being a driving force in that because we were elected by the American People who want to see their fiscal bucks put back in order, but we succeeded on the discretionary side. Discretionary turns out to be the easier nut to crack because that money doesnt go out the door unless this u. S. House of representatives acts. That distinguishes it, mr. Speaker, from mandatory spending. Thats the third set of columns on my chart. Mandatory spending, as i said, 2 3 of...

Trust fund may run out of funds as early as september 2014, which would create cash flow problem for states during the critical summer construction season. Due to the uncertainty leading up to that bleak scenario, states are already beginning to develop contingency plans to prepare for reductions in federal transportation funding, which includes cutting pending projects. This is terrible for businesses, workers, and our nation. According to georgias department of transportation, if federal funding is cut, we would not be able to fund any new projects. Officials from other states have made simi...

Fascism. Ohio, democratic caller. Our last caller. Say imi would like to looking at their ratings and they are low because congress is slow because it is impractical nowadays. When the Founding Fathers made america, they were not thinking about population as large as it is now. Basically, there are way too many viewpoints for congress to laws or denyo pass others. We have the technology now where we can actually direct democracy. People have ipads in the internet. If we just voted online or Something Like that, dont have the infrastructure all laid out, but i feel like that to be a much more e...

It it remains to be seen whether they are going to be safety case or performance standards or what kind of regulators they are going to be. Norway is another great example. Colombia has a terrific regulator. Those are other countries that have done this well. And on the fund, i think its pretty much only norway that has done this with the kind of political independence, fiscal independence that mexico has done. I think its worth spending a moments talk about the regulator. Thats the key element right now i think in this. The question a the lot of us have is we have a very small, underfunded co...

Recommend the retirees of infamy to 70 to 80 of their preretirement earnings. The typical new retiree today receives a Social Security benefit equal to 69 of their earnings immediately preceding retirement. Does this mean the retirees are living high on the hog in Social Security . Of course not. Many lowincome retirees who clearly receive inadequate benefits of the program, but its not their Social Security benefits are altogether sanjay. If you look at economic cultures say the u. K. , canada, australia or new zealand Pension Plans offer rates pretty close to a Social Security pays. Social s...