An underfunded pension plan can be compared to the welfare state in America: Beneficiaries are going to be sorely disappointed.

If Congress does not address the growing national debt, Congressional Budget Office Director Keith Hall warned, it will soon reach a "tipping point."

Progressives in Seattle suffer from a blind spot — economic reality — that is causing exactly the opposite reaction to their new minimum-wage policy than anticipated. 

The Social Security and Medicare Board of Trustees stated that “Social Security’s Disability Insurance (DI) Trust Fund now faces an urgent threat of reserve depletion, requiring prompt corrective action by lawmakers if sudden reductions or interruptions in benefit payments are to be avoided.”

The State of Texas is setting up a gold-backed bank that will allow depositors to bypass the controversial Federal Reserve System and its fiat currency in banking and commerce, according to the state representative who authored the recently enacted law. 

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