Debt & Deficits
Latest
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Does the President's Budget Increase the Deficit or Reduce It? (The Answer Depends on Your Baseline)
According to Obama Administraton, the President's FY2011 reduces the ten-year deficit by $2.1 trillion; or $1.2 trillion if the savings from the Iraq...
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Orszag Promises Deficit Reduction Next Year
In a speech given today at New York University, OMB Director Peter Orszag said the Administration intends to cut the deficit in half by the end of...
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Record Monthly and Yearly U.S. Deficit
August 18 - According to Bloomberg, last month's budget deficit hit a record $180.7 billion, higher than any month in U.S. history. Spending in July...
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