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US Budget

U.S. To Dramatically Slash $80-Billon Tech Budget

New York Times | Posted 09.19.2011 | Technology

The federal government plans to shut 40 percent of its computer centers over the next four years to reduce its hefty technology budget and modernize t...

Crisis Averted: Long Division Ace Fixes U.S. Budget

Pablo Andreu | Posted 09.14.2011 | Comedy
Pablo Andreu

Aaron Ryder, a schoolboy from Raleigh, North Carolina, today solved America's debt crisis by applying long division best practices to the country's budget.

Titanic Economics

David M. Abromowitz | Posted 09.08.2011 | Politics
David M. Abromowitz

The choices being made today by leaders in Washington will determine if the titanic U.S. economy stays afloat or sinks further underwater. Choices that tilt in favor of the wealthy would come at the expense of those who are most vulnerable.

Obama's Deficit Plan May Mark Turning Point, Moody's Official Says

Bloomberg | John Detrixhe | Posted 06.13.2011 | Business

President Barack Obama's plan to cut $4 trillion in cumulative deficits within 12 years may be a "positive" for the nation's credit quality and mark a...

Shining Star Spotlights on Places We Might Not See

Manisha Singh | Posted 05.25.2011 | Home
Manisha Singh

Many activists appear before policy makers urging increased funding for foreign aid causes. One of the key things to remember is what Mr. Clooney said -- money is not always the answer.

If My Child Put a Teacher in the Crosshairs of a Gun on a Website He'd Be Expelled

Michealene Cristini Risley | Posted 05.25.2011 | Impact
Michealene Cristini Risley

There, I said it. It's true. However, with the past few weeks hoopla and game-playing around the Arizona massacre, I did an experiment with the head...

Turned Off

Sen. Fritz Hollings | Posted 05.25.2011 | Politics
Sen. Fritz Hollings

With imports soaring, we're stimulating the production of China, not the US. The Obama administration refuses to enforce our trade laws to protect the economy and change our tax laws to promote exports.

Seance on Wall Street

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

Those who want fantastic stories about the unknowable would be much better off visiting people who promise to communicate with the dead than listening to the Wall Street spokespeople.

The Budget Debate for Grownups

Scott Bittle and Jean Johnson | Posted 05.25.2011 | Business
Scott Bittle and Jean Johnson

If we continue doing nothing, in about 35 years, the government will have no money for anything other than Medicare, Social Security and interest on the money we've already borrowed.