Newspaper Articles – Robert Romano

China Surpasses U.S. In Debt Creation Since 2008

Since 2007, the amount of credit outstanding -- that is all debts public and private -- has increased a whopping $30 trillion to $100 trillion in mid-2013, according to the Bank for International S

Congress Moves to Charge Mortgage Insurance Even With 20% Down

Senate Democrats and Republicans on the Senate Banking Committee have agreed in principle on a plan to unwind the nearly $5 trillion Government Sponsored Enterprises (GSEs) and to, they say, "creat

House Punts on Debt Ceiling, Cedes Power of the Purse

The House of Representatives on Tuesday voted to suspend the federal government’s debt ceiling after House Speaker John Boehner (R-OH) and other Republican leaders dropped demands for spending conc

Time to End Long-Term Unemployment Benefits

The U.S. Senate this week voted to proceed to legislation that would extend long-term unemployment benefits for another three months, at a cost of $6.4 billion to taxpayers.

Americans Should Know Where Fed's Trillions Are Going

With the filibuster against most presidential nominees now eliminated — well, sort of, Senate Democrats did not actually amend the

Ohio, Virginia Try End Runs on Medicaid Expansions

The Kaiser Family Foundation this year has estimated in swing states Ohio and Virginia, there would be anywhere from 1 million to 1.4 million new Medicaid enrollees under Obamacare.

Obamacare Becomes a Favor Factory for the Politically Connected

With House and Senate leaders merely disagreeing around the edges of a continuing resolution funding the government for fiscal year 2014 and increasing the $16.699 trillion debt ceiling, it appears

$3.15 Trillion of Spending Goes On Despite ‘Shutdown’

One surprising aspect of the partial federal government so-called “shutdown” is what a small portion of the budget is actually affected, in turn bringing attention to just how little impact Congres

Data Show Foreigners Dumping Treasuries

From the end of March through June, foreigners dumped $124 billion of U.S.