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National Debt

We Have a Moral Imperative to Intervene in Iraq

Laura Merriman | Posted 06.24.2014 | Politics
Laura Merriman

We ignored our moral imperative to intervene in Syria before it was too late. We cannot abandon Iraq, too.

Jon Ward

Mississippi Runoff Tests Veteran Senator's Value To His State

HuffingtonPost.com | Jon Ward | Posted 06.05.2014 | Politics

HATTIESBURG, Miss. -- The man wearing an orange polo shirt frowned just slightly when I asked if he had a few moments to talk. Arnold Jackson, a 6...

Future Shock: Why Today's Votes Mortgage Tomorrow's Dreams

Hon. Joseph J. DioGuardi | Posted 06.04.2014 | Politics
Hon. Joseph J. DioGuardi

Together, we must urge our elected officials to implement accrual accounting principles at the federal level so that our nation can finally have accountability based on accurate financial information.

The VA Scandal Proves We Need Four More Years of Obama

Brian Joyce | Posted 06.03.2014 | Politics
Brian Joyce

With all due respect to Sen. McCain, I have a different take on this. I, too, am outraged by the lack of care that many of our veterans have received, but I'm not at all bewildered by it. In fact, I saw it coming for years.

The U.S. National Debt: Can The Federal Reserve Perform Fiscal Alchemy Forever?

Sheldon Filger | Posted 07.27.2014 | Politics
Sheldon Filger

In the year 2000, as George W. Bush assumed the role of 43rd president of the United States, America's national debt stood at $ 5.7 trillion, while th...

New York Times Turns Paul Krugman Into His Opposite

Dean Baker | Posted 07.05.2014 | Business
Dean Baker

It took centuries to get people to understand the earth orbits the sun. If it takes as long to get the public to understand and our politicians to understand the economy, billions of people will suffer needlessly.

Zach Carter

How Bill Clinton's 'F***in' Lie' On The Debt Kneecapped Democrats

HuffingtonPost.com | Zach Carter | Posted 03.05.2014 | Politics

WASHINGTON -- An internal Clinton administration memo, released last week, appears to show economic adviser Gene Sperling decrying parts of a planned ...

The National Debt

William B. Bradshaw | Posted 04.24.2014 | Politics
William B. Bradshaw

Democrats and Republicans are blitzing us with propaganda about the national debt. My purpose here is not to side with either political party, but to add understating to the subject.

U.S. Government Getting A New Borrowing Cap

AP | ANDREW TAYLOR | Posted 02.07.2014 | Politics

WASHINGTON (AP) — The U.S. government is getting a new borrowing cap Friday, almost four months after Washington diffused October's government shutd...

Emily Swanson

New Poll Shows Political Futility Of Deficit Reduction

HuffingtonPost.com | Emily Swanson | Posted 02.04.2014 | Politics

The budget deficit is the lowest it has been since President Barack Obama took office, according to a Congressional Budget Office report this week. Bu...

Do Republicans Really Want a Balanced Budget Amendment?

Dale Hansen | Posted 04.05.2014 | Politics
Dale Hansen

No one argues that the government shouldn't be more prudent with its money, but a balanced budget amendment does almost nothing to address the underlying problems that lead to wasteful spending.

In Search of Government Competence

Rob Taub | Posted 03.25.2014 | Politics
Rob Taub

There are many annoying things about the NYC subway system, but the most maddening for me is the signage indicating when the next train will arrive. ...

Addicted to Debt: Congress Pretends While Government Spends

Jerry McLaughlin | Posted 03.24.2014 | Politics
Jerry McLaughlin

Here's something you won't hear anyone in Washington admit: we've only once made a principal payment on our debt in the last forty years. Just once! Today our federal debt clocks in at $17.3 trillion dollars.

Pay or Print?

Terry Savage | Posted 03.23.2014 | Politics
Terry Savage

Since no politician will accept the liability of defaulting on these promises - from Social Security to Medicare to public employee pensions - we have to consider the likelihood that they will turn to the "printing presses" and simply create the money to keep the system going.

The Giant Sucking Sound of Youth Joblessness: Your Tax Dollars at Work

Jessica Adair | Posted 03.11.2014 | Politics
Jessica Adair

Concerned about the national debt? Pay attention. When you include the millions of young people who left the job market entirely during the Recession, our federal and state governments miss out on $25 billion in revenue every year!

100 Years Is Enough: Time to Make the Fed a Public Utility

Ellen Brown | Posted 02.22.2014 | Politics
Ellen Brown

December 23, 2013, marks the 100th anniversary of the Federal Reserve, warranting a review of its performance. Has it achieved the purposes for which it was designed?

We Need Truth In Spending

David Schoenbrod | Posted 02.22.2014 | Politics
David Schoenbrod

The good news is that the House, Senate, and president concur in the bi-partisan budget deal. The bad news is that you won't find a bill for $18,000 in your mailbox. That is bad news because the government needs that much from the average family every year to avoid going broke.

What Can You Do For Your Country? Pay Taxes.

Thomas Allen Moon | Posted 01.23.2014 | Politics
Thomas Allen Moon

A half-century later, pessimism has replaced optimism for many of today's college students, recent grads and the many of that generation who cannot afford college. As globalization and technological innovation intensify competition, those who can't bear the cost of college wonder what their future holds.

Palin's National Debt Mischaracterization vs. American Indebtedness

Steven Kurlander | Posted 01.25.2014 | Business
Steven Kurlander

There's no way to attain the American dream anymore for young and old alike unless the overall debt problem in America, not just the national debt, is brought under control. In economic terms, this debt is truly enslaving our children.

Damn It Janet

Michael Farr | Posted 10.29.2013 | Business
Michael Farr

Between deficit spending and dollars created on the Fed's balance sheet, we estimate $8 trillion has been infused into the U.S. economy over the past ...

It Takes a Nation to Fix a Government

Christopher Holshek | Posted 01.23.2014 | Politics
Christopher Holshek

Should we merely await the next manufactured crisis, frustrated that the only thing that stands between us and national success is our government, making us feel more and more helpless or hoping it will all somehow go away?

Could the Republicans Sell Water in the Desert?

Anthony Gregory | Posted 12.22.2013 | Politics
Anthony Gregory

Unemployment remains high. There are still more U.S. soldiers in Afghanistan than when Obama took office. Outside of defensive Democratic partisans, no one can say Obama's is a wonderful presidency. Nevertheless, the Republicans continue to lose credibility.

Congress Shouldn't Raise the 'Debt Limit' -- It Should Repeal It

Scott Lilly | Posted 01.23.2014 | Politics
Scott Lilly

The "debt-limit" resolution purports to be something that it clearly is not -- a tool for shaping and redefining the nation's fiscal policy -- and, in reality, plays a totally nonsensical role.

President's Voting Record Has Nothing to Do With Debt Ceiling Debate

Dale Hansen | Posted 01.23.2014 | Politics
Dale Hansen

The point Obama was making was that our increasing national debt is a serious problem that needs to be addressed. Not acting on this problem was a "failure of leadership," according to Obama.

Blue Collar Robots Steal Green Jobs

William S. Becker | Posted 01.23.2014 | Technology
William S. Becker

There's good news and bad news these days for the solar energy industry and its workers. The good news: Some enterprising companies are planning to re...