Deficit Size: U.S. Debt is Decreasing, But Nowhere Near Fast Enough

On Tuesday the CBO released updated projections to its 10 year budget outlook which shows an improved situation but it's only part of the story for Millennials.

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Detroit Bankruptcy: Can China Come to the Rescue?

Shwetika Baijal in Budget 1 week ago

Detroit's emergency manager just released a report saying the city is spending more than it is earning in revenue.

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Federal Spending 2013: It's Not How Much Debt You Have, It's How You Use It

Joshua Bell in Budget 1 week ago

Policymakers have obsessed over the size of the deficit. Policymakers need to consider that quantity of our debt is not the only thing to be concerned about in handling fiscal policy.

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Sequestration 2013: 4 Groups Congress Won't Help, Besides Air Travelers

R. Taylor Barden in Budget 2 weeks ago

Last week Congress showed that it was willing to prioritize air travelers as a special class. Here's a look at some groups who aren't as lucky.

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Tax Reform 2013: Corporations Won't Pay Up Unless We Make Them

Charles Wendel in Budget 2 weeks ago

Corporate tax reform should have a high priority, but achieving change must overcome major political hurdles.

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Sequester 2013: 4 Cuts That Affect You Whether You're a Democrat or a Republican

Susan Kraykowski in Budget 3 weeks ago

Let's take the example of the FAA furloughs reversal bill to heart and make some noise out there to reverse other parts of the sequester cuts that harm Americans.