Washington now spends that much more than it did a mere three years ago. But trying to figure out what we’re getting for all that extra money is no simple matter. A lot of slicing and dicing does yield some answers — none of w…
The Treasury has to find buyers for trillions of dollars in new bonds needed to fund the federal deficit. It hopes average citizens will pony up and invest in some $337 billion worth. But for a host of reasons, “safe” T-bonds m…
Without a doubt, this country’s debt overhang needs to be chopped considerably. But does a large national debt doom a nation to economic ruin? Only if you believe that countries like Germany, France, and Japan are economic bask…
If the government budget follows popular sentiment, education, social security and Medicare are safe. Those are the areas where fewest Americans want to see government spending cuts, according to a Gallup poll released Wednesda…
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 …