federal budget

The latest projections show the federal government will have a more than $400 billion deficit this year. And next year. And the year after that.

The federal government's decision to seize control of mortgage giants Fannie Mae and Freddie Mac this weekend may stabilize the troubled housing markets, but it'll also add billions to the federal deficit.

With the discussion primarily focused on both the Democratic and the Republican national conventions, the blogosphere has been quite distracted. With that said, we were still able to dig up some interesting discussion about issues related the federal budget:

With the Democratic National Convention coming to a wrap, it's important to note that the majority of the political blogosphere is focusing more on the Democrats than it is on the Republicans.

Can a movie get people fired up about the national debt?

As far as the fiscal issues go, I think the media's been tougher on the presidential candidates this year than in the past, and this Bloomberg News story is the latest example. So far, it isn't clear that it's having much impact.