Spending and Debt
Over the last ten years, federal government spending and debt has been at a higher level than it’s ever been in American history. Excessive federal spending leads to increased taxes on families and businesses that have less to save, invest, and spend as a result. This makes it harder for families to save for and buy a house and harder for businesses to invest in the real estate market.
Background: Over the last ten years, federal government spending has been at a higher level than it’s ever been in American history. In fiscal year…Read more
The Government Just Spent $168 Billion More Than the Year Before
By Romina Boccia, Research Fellow on federal spending and debt at the Heritage Foundation New numbers on federal spending are in from the Congressional Budget Office,…
President Obama’s latest budget: A bad deal for real estate professionals
This month, President Obama released the 8th and final budget of his presidency. Unfortunately for realtors, his budget includes a number of proposals that if…