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What Will It Cost to Service Our Massive Public Debt?

Did you know that 40 cents out of every dollar you pay to the federal government in taxes goes to one item in the budget? It's interest we pay on our national debt. That's 40 cents we can't use to improve our military, fund Medicare or Social...

Published 10-20-2009 12:01 AM by Rick Moran

Filed under: debt

Obama's world premiere

If the past nine months of the Obama administration hasn’t told you that the aim of Obama’s presidency is to equalize the stature of the United States in comparison with the rest of the world, this week’s address to the United Nations...

Published 09-25-2009 12:01 AM by Michael Lewis

Filed under: debt, economic recovery, obama administration

SAMUELSON: Panics 'R' Us

WASHINGTON -- Since its earliest days, the United States has suffered periodic financial crises. The first dates to 1792. In the 19th century, bank panics occurred regularly. Then, of course, came the great stock market crash of 1929 and the failure of...

Published 06-29-2009 12:05 AM by Robert Samuelson

Filed under: business, economy, debt, economic recovery

Stop Us Before We Spend Again!

Steny Hoyer spoke to students at the University of Virginia, and the next generation of America's leadership must have wondered how the previous generation managed to walk and chew gum at the same time. The House Majority Leader told the students...

Published 06-25-2009 6:40 AM by Edward Morrissey

Filed under: congress, debt, government spending, pay-go

The Road Paved with Political Intentions

Imagine if Barack Obama's $787 billion stimulus package hadn't been forced through Congress. According to President Obama, the stimulus created or saved 150,000 jobs. Funny, it doesn't seem to be helping much though, considering unemployment...

Published 06-08-2009 12:06 AM by Cassy Fiano

Filed under: stimulus, chrysler, bailouts, unions, debt, economic recovery

The U.S. Economy: It's Complicated, But Is The Solution Simple?

The biggest problem with the current financial mess the United States faces is that it's not simple. The United States economy, the slow, crawling, sprawling recession, makes no sense to the average person. The U.S. economy makes little sense to experts...

Published 06-02-2009 9:29 AM by Melissa Clouthier

Filed under: treasury, debt, economic recovery

A Tax On Everything Can't Solve America's Fiscal Woes

In 1993, the Clinton administration suggested instituting a value added tax (VAT) in order to pay for the creation of Hillarycare. The idea was not received well. Larry Kudlow wrote a scathing piece in National Review explaining why this was a bad idea...

Published 06-01-2009 11:03 AM by Duane Lester

Filed under: taxes, economy, debt

The End of the American Economic Era?

What comes after the United States ceases to be the central point of free-market economic power? We may shortly get the answer to that question. As the United States increases its borrowing for greater government spending, willing buyers of American bonds...

Published 05-28-2009 5:45 AM by Edward Morrissey

Filed under: free market, economy, debt, EU, GDP, economic recovery

Obama's Right: We Are Out of Money, And Here's Why

" We're out of money. " President Barack Obama said those sobering words to C-Span reporter Steve Scully. He blamed the current economic crisis, but also used the opportunity to promote his health care agenda. He said America is operating...

Published 05-26-2009 8:51 AM by Duane Lester

Filed under: taxes, economy, entitlements, debt

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