A recent study published last month by the Society of Actuaries predicts higher costs for health care because sicker patients are expected to join the coverage pool under the Affordable Care Act. (Photo/via 401kcalculator.org)

Dollars and sense: The relationship between Federal spending and the deficit

(MINNEAPOLIS) – Last week, we looked at the long term trendof federal spending compared to the economy.  But the so-called Great Recession of 2008 caused significant departures from that trend.  President Obama is regularly blamed for the “trillion dollar deficits” of current years.  But the full picture is more complex.   The budget during the recession […]

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