By Rebecca Williams A viable plan to reduce our country’s mounting deficits and debt will be built on painful choices that include revenue increases and cuts to all government spending, including entitlements and defense. With such thorny issues at stake, it…
Senate Budget Committee Chairman Kent Conrad (D-N.D.) announced last week that the committee would not consider the FY 2012 budget resolution until the bipartisan negotiations led by Vice President Joe Biden are complete. Conrad said “The results of those negotiations…
The federal government hit its debt ceiling Monday, forcing the administration to turn to what Treasury Secretary Tim Geithner calls “extraordinary measures” to pay the government’s bills and avoid default.Although Geithner has estimated the government can get by without a…
Because their futures are at stake, young Americans need to be engaged in the national dialogue about the rapidly growing federal debt and large unfunded liabilities the U.S. government has for programs like Social Security and Medicare.T.J Leach and Alex…