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Fair Tax: Republican-led House votes to abolish IRS

The Republican-controlled House of Representatives will vote on a bill to eliminate the Internal Revenue Service and replace the current income tax system with a fair tax; a broad-based consumption tax. Tuesday, Representative Buddy…

US Debt: Average US household owes more than $165,000

A recent NerdWallet analysis found that the average US household had debts of more than $165,000 throughout the country. The national total debt now stands at $16.5 trillion, a rise of 7.65 percent from the previous year due to that…

China claims Japan will soon invade Australia

In an astonishing encounter with reporters in the nation's capital, China's envoy to Australia suggested that one of our allies, Japan, may invade Australia, invoking World War II. "During World War II, Japan invaded Australia, attacked…