Daily Archives: Aug. 17, 2012

Nation’s fiscal gap is huge and growing

Aug. 17, 20125:13 p.m.

The nation’s fiscal gap is much bigger than the official deficit and debt. “The fiscal gap is the present value difference between projected future spending and revenue,” economist Laurence Kotlikoff and columnist Scott Burns wrote. It includes both “official” and “unofficial” spending commitments, which is a more realistic projection of spending. According to their calculations using Congressional Budget Office forecasts, that fiscal gap is now $222 trillion. And growing fast.

By Phillip Brownlee | Filed under Congress, Economy | Comments Off

Is Moran OK with discrimination of gays?

Aug. 17, 20126:00 a.m.

U.S. Sen. Jerry Moran’s political action committee, Free State PAC, donated $500 to the Kansas Family Policy Council, a Wichita-based group opposed to city ordinances that protect people from discrimination based on sexual orientation, the Hutchinson News reported. KFPC is spearheading petition drives aimed at rescinding anti-discrimination ordinances in Hutchinson and Salina. The Hutchinson ordinance protects people from being fired or evicted because of their sexual orientation.

By Phillip Brownlee | Filed under Gay rights, Kansas delegation | Comments Off