Homeland Security data breach compromises personal info of 247K DHS employees

A data breach at the Department of Homeland Security compromised the personal information of nearly a quarter of a million current and former DHS employees, including their names, Social Security numbers, birthdays, positions and pay grades, the agency said Wednesday. Hundreds of thousands of past and present DHS employees have been notified about a May 2017… Please follow and like us:

Read More

Alteryx data breach exposed 123 million American households’ information

Credit reporting firms go to great lengths to convince the public that the data they collect won’t fall into the wrong hands. But what happens when they sell that data to a third party? Can the buyer make the same guarantees? That’s a question the consumer data industry is now grappling with after a discovery that… Please follow and like us:

Read More

Tax reform is just the first step in rolling back the nanny state

One way to kill a predatory animal is to deny it sustenance. The tax-cut bill passed by the Senate, if it clears a conference with the House and President Trump signs it, may be the first step toward starving the big-government beast. Reporting on the Senate vote early Saturday morning reflected the biases of various media… Please follow and like us:

Read More

7 Disturbing Findings About 401(k)s, IRAs

Moving from defined benefit pension plans to defined contribution plans has not done the average U.S. worker any favors. In fact, it’s made retirement more of a gamble—will there be enough money, or for that matter, any money, available when the time comes to leave the job behind? A new study from the Center for Retirement… Please follow and like us:

Read More

To really cut middle class taxes, fix the Social Security tax rate

WASHINGTON, October 13, 2017 – President Trump has proposed a massive tax cut designed to stimulate the American economy with the goal of increasing economic growth to 4 percent annually. His proposal will simplify the tax code as well as bring tax relief to all Americans, especially those in the middle class. Middle class Americans pay… Please follow and like us:

Read More

Two Equifax executives retire after security breach

ATLANTA — Two senior Equifax executives are retiring from the company effective immediately, the company said Friday, as an explosive cyber security breach rocks the Atlanta-based credit bureau. Chief Information Officer David Webb and Chief Security Officer Susan Mauldin are out, though the company did not name the executives in announcing the retirements. Webb led global… Please follow and like us:

Read More

Where is Social Security Headed?

For good reason, many retirees and pre-retirees are worried their Social Security benefits will be cut. Nearly two-thirds of American seniors rely on the program as their primary source of income, according to the Social Security Administration, and 10,000 more Boomers are retiring every day. The situation only seems more dire when you consider the last… Please follow and like us:

Read More

What’s the deal with the debt ceiling? 5 questions answered

By Steven Pressman, Professor of Economics, Colorado State University. Ceilings are overrated. AP Photo/J. Scott Applewhite Editor’s note: The U.S. government maxed out its credit card in March and has been moving money around ever since to avoid running out of cash. But very soon we will reach the limits of this financial sleight of hand,… Please follow and like us:

Read More

Finland basic income trial concludes, participants enjoy lower stress and higher incentive to work

For the past five months, Finland has been conducting an experiment which could change the way society works. They’ve been giving out free money to 2,000 people, and it worked out just fine. The concept is called basic income. Basic income? Why? The idea of basic income, sometimes called unconditional income, is essentially a form of… Please follow and like us:

Read More

Finally, Trump’s budget sets America on the right course

WASHINGTON, May 25, 2017 – While the mainstream media (MSM) has blasted President Trump’s proposed budget for fiscal 2018 because of its huge cuts to many social programs, the reality is that this is the budget American voters expected when they elected Trump. The President’s 2018 budget begins to cut the waste in Federal government spending… Please follow and like us:

Read More

Proposed Trump Budget Spares Old Age Programs, Slashes Many Others

President Donald Trump is proposing to balance the federal budget within 10 years by slashing many social programs, including those that help the poor pay for food and medical care, called food stamps and Medicaid. Officials outlined some details of the president’s first proposed spending plan ahead of its official release Tuesday. A president’s budget has… Please follow and like us:

Read More

The Groups and Businesses Cheering the Fed’s Rate Hike

This article originally appeared on The Conversation. The Federal Reserve this week lifted short-term interest rates a quarter point and signaled that more hikes are to come over the course of the year. The Federal Open Market Committee raised its benchmark lending rate to a range of 0.75 percent to 1 percent, as expected, and projected… Please follow and like us:

Read More

Air Force-related personnel files, security clearance forms leaked online: Report

Names, addresses and other sensitive information pertaining to hundreds of members of the U.S. military, as well as log-in credentials and completed security clearance applications, were recently discovered on a publicly exposed computer drive, researchers said Sunday. Gigabytes worth of sensitive data related to the U.S. Air Force were recently leaked online after a misconfigured backup… Please follow and like us:

Read More

Trump Budget Plan Set to Spark Another Battle with Congress

U.S. President Donald Trump this week will unveil a budget expected to massively increase military spending while slashing other federal programs. The proposal, set to be released Thursday, will offer the most detailed look yet at how Trump intends to move ahead with his so-called “America First” policy. The budget will likely face significant opposition in… Please follow and like us:

Read More

Trump Looks to Boost Pentagon Spending, Cut State Dept. Budget

U.S. President Donald Trump is kicking off the long federal budget process with proposals to increase defense spending, while making cuts to budgets for the State Department and other agencies such as the Environmental Protection Agency. Administration officials say the White House is detailing its vision for federal spending in a memo to agencies on Monday.The… Please follow and like us:

Read More