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National Debt

Everything You Need To Know About The Republican Candidates' Tax Plans

The Huffington Post | Zach Carter | Posted 11.10.2015 | Politics

WASHINGTON -- The tax proposals from the Republican presidential hopefuls all have two things in common: They would balloon the deficit and shower th...

The Real Issues You Won't Hear from the 2016 Presidential Candidates This Election Year

John W. Whitehead | Posted 11.05.2015 | Politics
John W. Whitehead

These are not problems that can be glibly dismissed with a few well-chosen words, as most politicians are inclined to do. Nor will the 2016 elections do much to alter our present course towards a police state.

Congress Shouldn't Play Politics With the Debt Ceiling

Joel Friedman | Posted 10.20.2015 | Politics
Joel Friedman

The House will vote this week on a Republican proposal allowing the Treasury to borrow funds to pay bondholders and Social Security recipients if there's a prolonged standoff over raising the debt ceiling. But this approach is extremely dangerous.

Debt Ceiling Means Another Chance to Discuss the Trillion Dollar Coin

Mike Sandler | Posted 10.16.2015 | Business
Mike Sandler

If the debt ceiling causes a default or government shutdown and becomes a campaign issue in the 2016 election, there are some signs that the coin could be taken seriously by the Democratic front-runners for president.

Donald Trump's Tax Plan Could Balloon The Debt By 75 Percent

The Huffington Post | Zach Carter | Posted 09.29.2015 | Entertainment

WASHINGTON -- Donald Trump's tax plan would increase the national debt by more than 75 percent over the next decade, according to an analysis by...

Kicking off Republican Presidential Debates in Cleveland: Who Will Dare Ask How to Fix National Debt?

Lonna Saunders | Posted 08.07.2015 | Politics
Lonna Saunders

Who will dare to ask tonight's debating Republican presidential candidates in Cleveland, "Will you make fixing the national debt a priority in year one of your presidency, if elected?"

President Obama's Proposed Budget Attacks the Wealthy; Full of Wasteful Spending

Steve Siebold | Posted 04.05.2015 | Politics
Steve Siebold

he president likes to talk a good game. He continues to propose these new plans that he claims will strengthen the American economy, reduce our debt and give the middle class a boost. But what he fails to do is consider the fiscal consequences these plans carry.

Genius Award Economist on Fed Leverage, ObamaCare, Obesity and L.A. Traffic

Natalie Pace | Posted 03.07.2015 | Politics
Natalie Pace

Kevin M. Murphy was the first business school professor to be chosen as a MacArthur Genius Award recipient for his work on wage inequality, unemployment, addiction, medical research, and economic growth.

Student Loans: America's Next Financial Crisis

Anthony Figliola | Posted 12.17.2014 | Politics
Anthony Figliola

As high-school juniors and seniors start their search for the college where they will spend the next four years of their lives, they need to take a lo...

We Have a Moral Imperative to Intervene in Iraq

Laura Merriman | Posted 08.23.2014 | Politics
Laura Merriman

We ignored our moral imperative to intervene in Syria before it was too late. We cannot abandon Iraq, too.

Jon Ward

Mississippi Runoff Tests Veteran Senator's Value To His State | Jon Ward | Posted 06.05.2014 | Politics

HATTIESBURG, Miss. -- The man wearing an orange polo shirt frowned just slightly when I asked if he had a few moments to talk. Arnold Jackson, a 6...

Future Shock: Why Today's Votes Mortgage Tomorrow's Dreams

Hon. Joseph J. DioGuardi | Posted 08.04.2014 | Politics
Hon. Joseph J. DioGuardi

Together, we must urge our elected officials to implement accrual accounting principles at the federal level so that our nation can finally have accountability based on accurate financial information.

The VA Scandal Proves We Need Four More Years of Obama

Brian Joyce | Posted 08.03.2014 | Politics
Brian Joyce

With all due respect to Sen. McCain, I have a different take on this. I, too, am outraged by the lack of care that many of our veterans have received, but I'm not at all bewildered by it. In fact, I saw it coming for years.

The U.S. National Debt: Can The Federal Reserve Perform Fiscal Alchemy Forever?

Sheldon Filger | Posted 07.27.2014 | Politics
Sheldon Filger

In the year 2000, as George W. Bush assumed the role of 43rd president of the United States, America's national debt stood at $ 5.7 trillion, while th...

New York Times Turns Paul Krugman Into His Opposite

Dean Baker | Posted 07.05.2014 | Business
Dean Baker

It took centuries to get people to understand the earth orbits the sun. If it takes as long to get the public to understand and our politicians to understand the economy, billions of people will suffer needlessly.

Zach Carter

How Bill Clinton's 'F***in' Lie' On The Debt Kneecapped Democrats | Zach Carter | Posted 03.05.2014 | Politics

WASHINGTON -- An internal Clinton administration memo, released last week, appears to show economic adviser Gene Sperling decrying parts of a planned ...

The National Debt

William B. Bradshaw | Posted 04.24.2014 | Politics
William B. Bradshaw

Democrats and Republicans are blitzing us with propaganda about the national debt. My purpose here is not to side with either political party, but to add understating to the subject.

U.S. Government Getting A New Borrowing Cap

AP | ANDREW TAYLOR | Posted 02.07.2014 | Politics

WASHINGTON (AP) — The U.S. government is getting a new borrowing cap Friday, almost four months after Washington diffused October's government shutd...

Emily Swanson

New Poll Shows Political Futility Of Deficit Reduction | Emily Swanson | Posted 02.04.2014 | Politics

The budget deficit is the lowest it has been since President Barack Obama took office, according to a Congressional Budget Office report this week. Bu...

Do Republicans Really Want a Balanced Budget Amendment?

Dale Hansen | Posted 04.05.2014 | Politics
Dale Hansen

No one argues that the government shouldn't be more prudent with its money, but a balanced budget amendment does almost nothing to address the underlying problems that lead to wasteful spending.

In Search of Government Competence

Rob Taub | Posted 03.25.2014 | Politics
Rob Taub

There are many annoying things about the NYC subway system, but the most maddening for me is the signage indicating when the next train will arrive. ...

Addicted to Debt: Congress Pretends While Government Spends

Jerry McLaughlin | Posted 03.24.2014 | Politics
Jerry McLaughlin

Here's something you won't hear anyone in Washington admit: we've only once made a principal payment on our debt in the last forty years. Just once! Today our federal debt clocks in at $17.3 trillion dollars.

Pay or Print?

Terry Savage | Posted 03.23.2014 | Politics
Terry Savage

Since no politician will accept the liability of defaulting on these promises - from Social Security to Medicare to public employee pensions - we have to consider the likelihood that they will turn to the "printing presses" and simply create the money to keep the system going.

The Giant Sucking Sound of Youth Joblessness: Your Tax Dollars at Work

Jessica Adair | Posted 03.11.2014 | Politics
Jessica Adair

Concerned about the national debt? Pay attention. When you include the millions of young people who left the job market entirely during the Recession, our federal and state governments miss out on $25 billion in revenue every year!

100 Years Is Enough: Time to Make the Fed a Public Utility

Ellen Brown | Posted 02.22.2014 | Politics
Ellen Brown

December 23, 2013, marks the 100th anniversary of the Federal Reserve, warranting a review of its performance. Has it achieved the purposes for which it was designed?