Governmental Spending

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The U.S. Government Shutdown Explained

By |2013-10-01T19:26:03-04:00October 1st, 2013|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , |

Congress failed to agree on a spending bill for the fiscal year starting October 1, 2013, resulting in the first government shutdown since 1995. According to the Congressional Research Service, this is the 18th time the federal government has shut down as a result of a failure to agree on an annual appropriations bill. Most shutdowns [...]

Understanding “Sequestration”

By |2013-02-28T15:21:21-05:00February 28th, 2013|Categories: Personal Planning, Uncategorized|Tags: , , , , , |

If you like political drama, you're in luck. It seems like just yesterday the news was filled with references to the fiscal cliff. Now, coming to theaters everywhere, is "sequestration." Look for more political confrontation to unfold as sequestration gets under way. What exactly is sequestration? "Sequestration" refers to a series of automatic, across-the-board spending cuts [...]

What is the Fiscal Cliff?

By |2017-05-09T22:11:36-04:00November 29th, 2012|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , , , |

The Cliffs of Moher The American people are a resilient bunch.  Throughout the latter half of this year, we have spent more money on housing, more money on automobiles, and more money on each other during the first weekend of the holiday shopping season.  Consumer confidence is at a 4½ year high. In spite [...]