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Treasury Offset Program to the Rescue
The federal government and some state governments run budget deficits. Persistent budget deficits can become burdensome debt. The Treasury Offset Program provides revenue for the federal government and state governments that can augment their budgets. In addition, the program helps taxpayers by forcing individuals and corporations with delinquent taxes to pay their fair share, and it helps custodial parents and guardians receive support to help raise the children in their charge.
Newsletter
The Economics of Natural Disasters
When natural disasters hit, the victims may feel as if there is no chance of recovery. In fact, those far away may feel the same way. Observing the destruction of homes, businesses, infrastructure, and the environment, one might wonder if it is possible to get back to normal. In rare cases, the return to pre-disaster normal is impossible. It is far more likely, however, that the recovery will ultimately make conditions as good or better than they were before the disaster.
Newsletter
Get an Education, Even if It Means Borrowing
If your savings, grants, and scholarships aren?t quite enough to cover the cost of education after high school, don?t overlook student loans. These loans may help you gain the education you need to make the big bucks.
Newsletter
Financing Businesses and Public Projects with Stocks and Bonds
Stocks and bonds offer potential gains for investors, but they can also help fuel the economy. The October 2016 issue of Page One Economics: Focus on Finance explains how stocks and bonds can help companies grow, entrepreneurs start businesses, and governments fund public projects.