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Budget: Military Spending (Fiscal)
The 2012 GAO reported that it would take $4 billion over 5 years to replace the universal camouflage uniforms that the Army is wearing. In total the US military is estimated to spend over $4 billion to replace the uniforms being used, which is part of Fiscal because the government is funding their uniforms.
http://www.cnn.com/2016/08/29/politics/military-uniform-redesign-aquaflage/index.html -
Leadership- Does Obamacare really help? (Fiscal)
Republican Congress is threatening to end Obamacare. GOPers have to install a new CBO director who will change the agency's budget to make it appear that Obamacare adds to the deficit. In 2012, the Congressional Budget Office, which produces official budget projections, calculated that the effect of the tax increases and spending cuts in the Affordable Care Act will reduce the deficit by $109 bill over the next decade.http://www.motherjones.com/politics/2014/12/republican-cbo-director-obamacare -
Savings: People are Saving More Money (Monetary)
In June of 2015, people having been saving money, making the annual savings rate 5.6% which was higher than a year before. But because Americans weren’t spending money, the economy wasn’t growing as American consumers made up about 70% of economic activity.
http://money.cnn.com/2015/06/01/news/economy/american-consumer-saving-not-spending/ -
Budget: U.S. Budget Deficit (Fiscal)
The government's budget deficit is up 10% this year. Since there the revenue was lower than expected, the government increased the estimate of the 2016 deficit to 590 billion from 514 billion. The treasury figures show that income taxes have been risen 3% in fiscal 2016. The government hit the peak of 1.4 trillion in 2009. A few months ago the obama administration predicted of $600 billion.
http://www.marketwatch.com/story/us-runs-113-billion-budget-deficit-in-july-treasury-says-2016-08-10 -
Trading: Trade is slowing down (Monetary)
The volume of global trade only increased by 0.1% in june. While American exports have decreased by 5% in June compared to last year. However, 66% of international firms believe trade with the U.S will increase in the next few years based on a recent survey by American Express and the Economist Intelligent unit.
http://money.cnn.com/2016/08/25/news/economy/global-trade-slows/index.html?iid=SF_LN -
Trading: Trumps Trading Plan (Fiscal)
Republican candidate Donald Trump expresses dismay about the US trade deficit, which he ties to the loss of good paying middle class jobs. His plan is to create giant tariffs on China and other countries but that won’t create jobs or even reduce the trade deficit. Even worse his tax proposals could double our trade deficit from $500 bil to $1 tril at current income levels. http://www.forbes.com/sites/beltway/2016/08/29/donald-trumps-tax-proposals-could-double-the-trade-deficit/#2de5c6121dc7
