Public Policy and World Affairs

The budget bill, signed on November 2nd, increases spending by $80 billion over a two-year period and is offset by an estimated equal amount of spending cuts and increased revenue. This proposal incorporates additional measures that will affect millions of Americans due to changes in Medicare and Social Security.

On Thursday, October 15th, we sponsored the Ben Bernanke discussion, hosted by Town Hall Seattle. The event was held in Campion Hall on the Seattle University campus. Ben Bernanke is…

Broadly speaking, the program known as Social Security was initially proposed by Franklin D. Roosevelt’s Committee on Economic Security in June 1934. The goal of the committee was to develop…

In the wake of the 2008 global financial crisis, much of the developed world, including the United States, is flirting with over-indebtedness. Rather than recount the details that led to Greece’s current financial state (which involves a lot of finger pointing), we believe there is greater importance in educating our readers on the various policy tools highly indebted countries have at their disposal in repairing their balance sheets—a process called deleveraging—where the aim for a country is to reduce its debt-to-GDP ratio.

The federal banking system traces its origins to 1791, when Congress, at the urging of Alexander Hamilton, established the First Bank of the United States.