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Democrats Deficit

Tight Deadline Has Voters Weighing In With Lawmakers On Debt Issue

AP | SHANNON McCAFFREY | Posted 09.16.2011 | Politics

ATLANTA — For Rep. Tim Scott the debt ceiling is not only the top issue voters in his South Carolina district want to talk about these days, it ...

National Debt: GOP, Democrats Both Helped In Driving Deficit Sky High

AP | TOM RAUM | Posted 06.14.2011 | Politics

WASHINGTON — Two centuries after America's birth, the national debt was a bit under $1 trillion when Ronald Reagan took office in 1981. Just thr...

Showdowns On Spending & Debt Will Test New Leaders In Congress

AP | CHARLES BABINGTON | Posted 05.25.2011 | Politics

WASHINGTON — Two early showdowns on spending and debt will signal whether the new Congress can find common ground despite its partisan divisions...

The Myth of the Balanced Budget and Other Tales from the Vault of the Historically Ignored

Mark Axelrod | Posted 05.25.2011 | Politics
Mark Axelrod

The simple fact is this: the United States is bankrupt and will never balance its budget. Never. No one in Congress has a clue as to how to deal with the problem of continuing deficits.