Obama Economy

CBO Projects More Debt, Less Growth Over Next Decade

Federal policies like Obamacare will dampen labor supply and slow GDP growth

Despite increasing federal revenues, debt held by the public is projected to increase 71 percent over the next decade, according to the Congressional Budget Office’s annual economic outlook.

Obama’s Climate Fear-Mongering

President cites $200 billion loss to United States by 2100 from climate change, yet the U.S. economy contracted by a similar amount in the last year

President Barack Obama said last month that some of the effects of climate change could cost the United States $200 billion by the end of the century, but the U.S. economy shrank by a comparable amount in just the past year, a Washington Free Beacon analysis found.

Medicare Cuts, Obamacare Prompt Hospital Layoffs

More than a dozen hospitals cutting jobs, patient services

Many hospitals are slashing jobs and cutting patient services citing Medicare cuts, the difficult health care landscape, and the Affordable Care Act as the reasons behind their decision.

Labor Unions Turning on Democrats

Criticism mounts as labor continues to be ignored by President Obama

Healthcare reform and a flurry of Obama administration regulations have caused internal divisions within the labor movement and led one of the Democratic Party’s biggest supporters to publicly rebuke the president.