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2011 Deficit

Who's Afraid of the Big Bad Debt?

Bob Burnett | Posted 06.15.2011 | Politics
Bob Burnett

Republicans are using the debt as an excuse to demolish the US social compact and give free rein to wealthy individuals and corporations. But let's be clear: the US is not broke.

White House Projects Record Budget Deficit Of $1.47 Trillion, Slightly Lower Unemployment For 2011

AP | ANDREW TAYLOR | Posted 05.25.2011 | Business

WASHINGTON — New estimates from the White House on Friday predict the budget deficit will reach a record $1.47 trillion this year. The governmen...