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Social Security

Government deficit soars. Here’s how President Trump will fix it

WASHINGTON — Recently released data shows that the annual Federal government budget deficit for the fiscal year (FY) 2019 increased to nearly $1 trillion. That’s more than 25% higher than the $779 billion deficit incurred during FY 2018. President Trump said during his 2016 presidential campaign that he would reduce the annual deficit. How will ...

New budget deal in Congress: Is it better than nothing?

WASHINGTON, Oct. 28, 2015 − President Obama and leaders in both houses of Congress have reached a deal on the federal budget that extends spending and tax policy until 2017 − after the next presidential election. While the Democrats and Republicans say that they have made compromises in order to avoid a potential government shutdown, ...

2014 tax return completed? How bad was it ?

WASHINGTON, April 11, 2014 − I just finished helping a couple with their 2014 federal income tax return. Both the husband and wife are teachers, around 30 years old with two small children. They described themselves as millennials who were married just after they graduated from college. After we filed, we took a moment to ...