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Archive for June 17th, 2015

Bullet Train Is Slow-Speed Boondoggle

Wednesday June 17th, 2015   •   Posted by K. Lloyd Billingsley at 9:51am PDT   •   2 Comments

We have been keeping track, so to speak, of California’s vaunted “Bullet Train,” officially the state’s High-Speed Rail project. But as it turns out, “high speed” is something of a misnomer, as William Bigelow notes on Breitbart. The first actual construction on the project is a viaduct over the Fresno River, nowhere near the…
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The New Long Term Outlook for the National Debt

Wednesday June 17th, 2015   •   Posted by Craig Eyermann at 6:30am PDT   •   0 Comments

According to the latest projections issued by the Congressional Budget Office, the publicly-held portion of the U.S. national debt will rise from 74% of GDP at present to surpass 107% of GDP in 25 years. Bloomberg‘s Kasia Klimasinska describes the CBO’s findings: U.S. government debt held by the public is expected to rise to…
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