In his State of the Union address, President Obama didn’t shy away from tackling the ongoing questions about the health care reform law head on. And though he opened with a joke, he made it clear that while he’s serious about r…
The Tea Party says everything is on the table regarding its goal to cut federal spending and balance the budget — including defense spending. If the political faction succeeds in cutting military spending, not only would the …
It took about 10 years of decisions for the federal budget to get more than a trillion dollars out of whack, and it’s going to take at least five years to balance it again. The only way to do it is piece-by-piece, with equal sa…
The deficit grew to a higher-than-expected $150.4 billion in November as government spending increased for the month. But November brought some bright spots as well: Federal revenue also grew at a higher rate in November, which…
Economic performance among EU nations is getting more divergent. While Germany and France continue to modestly expand, debt-plagued countries like Greece are shrinking. That makes it tough for the European Central Bank to set i…