Trillion Dollar Deficit

Ryan Grim

Conservatives Reluctantly Back Obama's Spending Plan

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Two top conservative Republicans ventured into enemy territory today -- the Senate press gallery -- armed with a blow-up graphic showing the budgetary...

Obama: Trillion-Dollar Deficits May Last Years

AP | CHARLES BABINGTON | Posted 05.25.2011

WASHINGTON — President-elect Barack Obama says the nation probably faces huge deficits for years to come, but heavy spending is needed now to sp...

Is the U.S a Banana Republic?

Michael Pento | Posted 05.25.2011

Michael Pento

The two hallmarks of a banana republic are very high rates of inflation coupled with substantial government controls over the economy, which lead to high rates of unemployment and poverty.

Spending Surge On Financial System Pushing Deficit Towards $1 Trillion

Washington Post | Lori Montgomery and Dan Eggen | Posted 05.25.2011

Congressional leaders and both presidential candidates are proposing billions of dollars in tax breaks and other measures to stoke economic growth, a ...