A far-right party won its first lower house election in Australia, with the victory underscoring the collapse in support for the center-right coalition that’s governed for much of the post-war period.
US government debt held by the public just surpassed America’s entire economic output — a milestone that signals a rapidly approaching fiscal cliff. And it’s no secret why: Too. Much. Spending.…
We’re on a bipartisan spending spree, and we’re charging the bills to the world’s largest credit card — with no borrowing limit but a debt “ceiling” that keeps getting extended.
The head of the powerful House budget-writing panel slammed America’s “titanic” health care spending, saying the medical system is so out of control that NewYork-Presbyterian Hosp…
