federal debt

You may not have noticed this – and maybe you're not supposed to – but tucked away in the housing bailout bill is a provision to raise the national debt ceiling, the total amoun

Entitlements are the topic this week over at NewTalk.org, an innovative discussion site. I'm moderating the session, and the participants include some of the most thoughtful people around on this issue.

When it comes to the federal budget, a 12-step program works pretty well as an analogy. After all, financially speaking, the federal government engages in consistently self-destructive behavior. Even when the government makes progress, our leaders are prone to falling off the fiscal-responsibility wagon.

One would be hard-pressed looking for someone who does not believe the U.S. economy is headed in the wrong direction. Despite this unanimity, there is not a clear consensus to get our economy back on track.

One of the bigger issues facing our country today is the increase in the amount of the federal debt that has been accumulating during the years that President Bush has been in office, as a result of deficit spending.

Balanced Budget Amendment: Create an amendment that would eventually require that no entitlement spending, discretionary spending, and payment on the interest, in any given two year period (1st and 2nd session of Congress), should excide inlays during that same period.

It's all Iowa, all the time, on cable news today as the first real voting of the presidential primary season begins. Iowans will have survived months of listening to presidential candidates talk about what they'll do if elected.

Let’s face it, the nation’s budget dilemmas are not the sexiest topic in the world.