The national debt surpassed a record $16 trillion on Friday: a massive figure that Republican politicians are using to slam the Obama administration. ...

The U.S. national debt is set to pass an inconvenient bench mark at the worst possible time for Democrats. On Tuesday, the first day of the Democr...

The current privileged status of U.S. dollar debt is a recent phenomenon, and one that is by no means permanent. This is a major reason why it is important to begin reducing structural deficits during the next decade.

Chancellor Merkel faces a dilemma. Can you blame the German people for not wanting to bail out the French banks -- where does it end if the Eurozone debt crisis cascades?

Few people understand that to balance the budget, or even to bring down the deficits to the rate of growth would require cutting the size of government by at least half and/or nearly eliminating entitlements. It really is true.

The headline progressives are in full retreat. They have found out the hard way that their bleeding heart pleadings -- 'yes, the financial markets might destroy us, but how can we cut this or that worthy cause' -- don't cut it.

The weakest links in the Eurozone chain are known as the PIIGS. This acronym represents five fiscally vulnerable members of the European monetary unio...

As Washington deficit hawks scour the federal budget for ways to trim the size of government, they are arriving at one idea with increasing frequency:...

Faced with growing alarm over the nation's soaring debt, the White House and congressional Democrats tentatively agreed Tuesday to create an independe...