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US Budget Deficit

Super Committee Failure Could Rattle Markets

Posted 11.21.2011 | Business
Read More: U.S. Budget Deficit, European Debt Crisis, Taxes, Congress, Moody's Investors Service, Super Committee, Debt Crisis, Spending Cuts, Long-Term Unemployment, Jobless Benefits, Standard & Poor's, S&P 500, Video, Business News

A brutal year for global investors may get even worse this week if Congress proves yet again it is too bitterly divided to deliver on its promise ...

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Titanic Economics

David M. Abromowitz | Posted 09.08.2011 | Politics
Read More: Economy, U.S. Budget Deficit, U.S. Budget Cuts, Budget Cuts, U.S. Budget, U.S. Financial Crisis, u.s. Deficit, Economic Inequality, Budget Deficit, Recession, National Deficit, Politics News
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.

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Budget Talks Put Dems Over a Barrel (Again)

Rick Horowitz | Posted 08.29.2011 | Politics
Read More: Budget Negotiations, Budget, Debt Ceiling, Deficit, Debt Limit, Deficit Negotiations, U.S. Debt, U.S. Budget Cuts, Federal Budget Deficit, u.s. Deficit, Federal Budget Cuts, U.S. Budget Deficit, Politics News
Rick Horowitz

[After hours, just a short walk from the Capitol...] "We're gonna do it again -- I can feel it." "Do what again?" "What we always do -- we're g...

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Simon Johnson: Fiscal Conservatives Dodge $10 Trillion Debt

Bloomberg News | Simon Johnson | Posted 06.20.2011 | Business
Read More: Cbo Forecast, George Bush, US Budget Deficit, Dodd Frank Act, President Barack Obama, Unemployment Benefits, Washington DC, William Dudley, Congressional Budget Office, Tax Revenue, Business News

Washington is filled with self- congratulation this week, with Republicans claiming that they have opened serious discussion of the U.S. budget defici...

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Economists' Number 1 Risk: The Budget Deficit

Posted 05.25.2011 | Business
Read More: U.S. Budget Deficit, National Association of Business Economics, Deflation, Economic Forecasts, Inflation, Federal Debt, Economists, Economic Recovery, Business News

WASHINGTON: The massive U.S. budget deficit is the gravest threat facing the economy, topping high unemployment and the risk of inflation or defla...

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Obama Proposing Record Budget Deficits; Is America Doomed to Follow Greece?

Sheldon Filger | Posted 05.25.2011 | Business
Read More: Obama Budget, u.s.national Debt, U.S. Budget Deficit, Sovereign Debt Crisis, Fiscal Train Wreck, 2012 u.s. Federal Goverment Budget, Business News
Sheldon Filger

What we are witnessing is not only an economic and fiscal calamity in the making. It is as much a display of political dysfunctionality and moral cowardice as it is of inept fiscal policy. But the problem is not uniquely Obama's -- or Democrats'.

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Washington Post Misinforms Readers About Deficit

Dave Johnson | Posted 05.25.2011 | Media
Read More: Debt, Deficit, Washington Post, U.S. Budget Deficit, Dave Johnson, What Is the Budget Deficit?, Media News
Dave Johnson

Obama did not "balloon" the deficit, as the Washington Post claimed.

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Why it Is Not Smart to Short the Euro

Georges Ugeux | Posted 05.25.2011 | World
Read More: Debt, Parliament, Germany, Eurozone, Bankruptcy, Currency, Restructuring, European Union, United States, Short Selling, Paul Volcker, Euro, Sovereign Bonds, Dominique Strauss-Kahn, Greece, Trade, German Chancellor Angela Merkel, Bond, President Sarkozy, Imf, AAA Rating, US-Budget-Deficit, World News
Georges Ugeux

It took three years to execute the colossal task of changing currencies into Euros. The Euro is essential, and the current decision reinforces the European common currency.

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