Illinois Senator Everett Dirksen is credited with saying "a billion here, a billion there and pretty soon you are talking about real money." Although no one is quite sure where he said that. In today’s Washington, we talk about trillions. A trillion is a number with 12 zeros behind it. It looks like this: 1,000,000,000,000.
Last week, millions of shoppers across the country participated in an unofficial American holiday – Black Friday. As the busiest shopping day of the year, many businesses count on these sales to stay in business. In fact, this is the day when many retailers go into the black, or turn a profit, for the year.
U.S. Congressman Sam Graves voted for a Constitutional Amendment recently that would require the federal government to spend only as much money as it receives in revenue.
Our 40th President, Ronald Reagan, once observed that the nearest thing to eternal life that we will ever see is a government program.
New claims for unemployment benefits were down last week and U.S. workers’ productivity rose in the third quarter for the first time this year. While there are signs that the economy is improving, there are more signs that the economy is still in a historic sluggish downturn.