federal debt

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.

The Washington Post examines one key reason why the Senate isn't likely to raise taxes on hedge fund managers to make up the money lost by "patching" the alt

Nine trillion is a staggering number. It’s hard to comprehend. Yet that’s how much the United States government owes at its current national debt. That’s more than triple the total federal budget ($2.6 trillion).

The national debt has officially passed the $9 trillion mark, according to several news stories today (although if the Bureau of the Public Debt calculator is right, we passed this mark a couple months ago).