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US Deficit

U.S. Debt Rating Is Safe - For Now, Warns Moody's

Posted 05.25.2011 | Business

(By PAN PYLAS, AP) -- The United States and Britain are more likely than Germany and France to witness an embarrassing downgrade of their top debt rat...

The U.S. is on a Fast Track to Bankruptcy

Sheldon Filger | Posted 05.25.2011 | Politics
Sheldon Filger

There is no rabbit to pull out of a magician's hat.

Why Barack Obama Cannot Prevent America's Next Great Depression

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

President Obama may be fated to travel the same path as Gorbachev, and like him, end up as a valiant failure.

October U.S. Deficit: $237.2B

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the go...

Spending Surge On Financial System Pushing Deficit Towards $1 Trillion

Washington Post | Lori Montgomery and Dan Eggen | Posted 05.25.2011 | Business

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