The need for sweeping, long-term changes in the federal budget has been underscored by recent reports and other developments: A fresh warning on the unsustainable paths of entitlement programs, projections of another trillion-dollar-plus deficit this year, more unrealistic proposals in…
Cinco de Mayo over the years has become a popular American excuse to overindulge on nachos and beverages served in salt-rimmed glasses, but it should also serve as a reminder about the severe consequences of incurring large national debt. Many people…
Budgets proposed by President Obama and House Budget Chairman Paul Ryan have received considerable attention in Washington this year. But both have serious shortcomings and lack bipartisan support. (more…)
The Treasury Department last week reported that the federal deficit for the first half of Fiscal 2012 totaled nearly $779 billion, roughly $50 billion less than a year ago.Between Oct. 1 and the end of March, the government took in…
