Federal Deficit

Obama To Focus On Cutting Deficit In 2010, State Of The Union

Politico | Mike Allen and Jim Vandehei | Posted 11.13.2009 | Politics


President Barack Obama plans to announce in next year's State of the Union address that he wants to focus extensively on cutting the federal deficit i...

White House Looking To Cut Deficit With Extra TARP Cash

wsj.com | By DEBORAH SOLOMON and JONATHAN WEISMAN | Posted 11.12.2009 | Politics


The Obama administration, under pressure to show it is serious about tackling the budget deficit, is seizing on an unusual target to showcase fiscal r...

The Case For More Stimulus: NYT

New York Times | Posted 10.27.2009 | Politics


The consensus among economists is that the recession is over, and, technically, the herd is probably right. Corporate profitability has been boosted b...

Federal Deficit Is A Triumph Of Fiscal Policy: Stan Collender

Capital Gains and Games | Stan Collender | Posted 10.20.2009 | Politics


Despite the headlines and the page-one, right-hand column, above-the-fold stories in the New York Times and Washington Post on Saturday, I'm not at al...

Washington Is Nuts

Tony Blankley | Posted 10.15.2009 | Politics


Tony Blankley

The greatest systemic risk to our economy is not Wall Street. It's the growing federal debt being enacted by those Washington politicians -- the ones who want to protect us from Wall Street.

Unhappy Fiscal New Year

Rep. Jason Chaffetz | Posted 10.01.2009 | Politics


Rep. Jason Chaffetz

Contrary to what some have told us in the past, deficits and debts do matter, and at the levels these debts have been accumulating, they matter a lot.

America Digs Deeper Into Debt

Michael Pento | Posted 09.22.2009 | Business


Michael Pento

While the private sector gets its finances in order, the Federal government is increasing its debt at a 28.2% annual rate. And all this borrowing and spending is taking its toll on our currency.

Republicans Undercut Their Deficit Argument

Byron Williams | Posted 09.20.2009 | Politics


Byron Williams

Republicans have magically rediscovered their concern for fiscal discipline that lay dormant when they were the party that controlled the White House and Capitol Hill for six of the past eight years.

Federal Deficit Hits $1.38 Trillion Through August

AP | MARTIN CRUTSINGER | Posted 11.11.2009 | Business


WASHINGTON — The federal deficit surged higher into record territory in August, hitting $1.38 trillion with one month left in the budget year. ...

It is Time for Congress and the GOP to Get a Grip!

Patricia DeGennaro | Posted 11.11.2009 | Politics


Patricia DeGennaro

Congress seems to be stuck in some partisan twilight zone unwilling to get out of their comfortable bickering and get to work for the American people not themselves.

Meltdown 101: A Closer Look At The Huge Budget Deficit Estimates

AP | CHRISTOPHER S. RUGABER | Posted 09.24.2009 | Business


WASHINGTON — Get ready to hear a lot of huge numbers Tuesday: The Obama administration is expected to boost its estimate of the federal deficit ...

Warren Buffett's NYT Op-Ed: Federal Debt Poses A Serious Risk To Economy

nytimes.com | WARREN E. BUFFETT | Posted 09.19.2009 | Business


IN nature, every action has consequences, a phenomenon called the butterfly effect. These consequences, moreover, are not necessarily proportional. Fo...

Occam's Razor Can Cut Down the Health Care Lobbyists

Gary S. Chafetz | Posted 09.10.2009 | Politics


Gary S. Chafetz

Private health-insurance and pharmaceutical industry lobbyists are threatening the health and stability of America. Some argue that this is equivalent to crimes against humanity.

A 3 Question Survey About Fixing Healthcare

Deane Waldman | Posted 09.05.2009 | Politics


Deane Waldman

Do not accept the glowing rhetoric of the Bill's advocates or the equally passionate bombast of its opponents. Put aside your personal animus toward who is speaking for or against AAHCA.

U.S. Credit Rating Safe, A "solid triple-A": Moody's

Yahoo! News | Posted 07.24.2009 | Business


TOKYO (Reuters) -- Moody's Investors Service said on Tuesday that the U.S. government's triple-A credit rating was safe but added that it could be at ...

Budget Deficit Hits Record At $189.7 Billion

AP | MARTIN CRUTSINGER | Posted 07.11.2009 | Business


WASHINGTON — The federal budget deficit soared to a record for May of $189.7 billion, pushing the tide of red ink close to $1 trillion with four...

The Two Trillion Dollar Bailout You Don't Know About

Ben Cohen | Posted 12.21.2008 | Politics


Ben Cohen

If you thought the $700 billion bailout was bad, think again. The Federal Reserve is apparently handing out two trillion dollars in loans and it won't disclose where the money is going to.

Are Voters Cynical on Taxes, or More Grown Up Than Our Leaders?

Scott Bittle and Jean Johnson | Posted 12.14.2008 | Politics


Scott Bittle and Jean Johnson

Many American have no idea how long the country has been running deficits and they may not have all the numbers at their fingertips, but the general drift has not escaped them.

Investing in our Nation's Infrastructure

Stephanie Neely | Posted 12.08.2008 | Chicago


Stephanie Neely

Another flat-screen television made in Asia or a new pair of designer shoes made in Europe will not prevent another bridge from collapsing in Minnesota.

I.O.U.S.A. or, the Inheritance of Debts and Deficits

Arlene M. Roberts | Posted 11.28.2008 | Business


Arlene M. Roberts

The message was that we could have it all without sacrifice. 2003's "guns and butter and tax cuts" trumped the 1960's mere "guns and butter."

Declaring War on the Meltdown/Part 2: Taking on Debt For Infrastructure

Alan Fein | Posted 11.13.2008 | Business


Alan Fein

In bad times like these, the government has to spend money to build things that we desperately need: roads, bridges, schools, courthouses, sanitation systems and a new energy infrastructure.

A Terrible Day for the Economy, But a Great Day to Note the Social Security Noncrisis

Harold Pollack | Posted 10.16.2008 | Business


Harold Pollack

Whatever you may hear, the system is in remarkably good shape these days, even as everything else seems headed to hell in a hand basket. Today is a great day to remember how terrific Social Security really is.

Worsening Budget Deficit To Hit $407 Billion This Year: Report

AP | ANDREW TAYLOR | Posted 10.10.2008 | Business


WASHINGTON — The federal government will run a near-record deficit of $407 billion this year, according to the latest Capitol Hill estimates. T...

Stuff Happens: The Mortgage Bailout and the Federal Budget

Scott Bittle and Jean Johnson | Posted 10.10.2008 | Business


Scott Bittle and Jean Johnson

Rather than facing a $200 billion deficit to do something really important, the U.S. is now heading toward a whopping $10 trillion dollar debt.