United States Department of the Treasury

Federal government announces one-year delay of ObamaCare’s employer mandate

07/03/2013
by Naomi Lopez-Bauman If ObamaCare weren’t already enough of a train wreck, the irony of the U.S. Treasury Department blog post announcing the delay of  the ObamaCare employer mandate – titled Continuing to Implement the ACA in a Careful, Thoughtful Manner – would be hysterical. The employer mandate is a provision of ObamaCare that requires employers with 50...

$16,000,000,000,000

By Chris Andriesen
09/04/2012
The U.S. Treasury Department released a statement on Tuesday, confirming that the federal government has topped $16,000,000,000,000 in debt. (That’s $16 trillion, if you lost count of all the zeros). When combined with state level debt ($4.19 trillion), the number tops $20 trillion in total public debt. At the end of 2008, just before President Obama officially...

A Simple Solution for Mr. Buffett’s Tax Problem

09/20/2011
by Kristina Rasmussen Warren Buffett recently took to the opinion pages of the New York Times to decry America’s unfair tax system. According to his calculations, his effective tax rate is around 17 percent while his the people in his office pay effective rates averaging 36 percent. His solution? Washington should hike his taxes. And yours, while they’re...