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Obama to lay out spending plan

Apr 11, 2011
The U.S. government was on the brink of a shutdown just last Friday. But President Obama this week will lay out his budgetary plans for the future. Ezra Klein, economic and political columnist for the Washington Post, explains.

U.S. borrowing inches toward debt ceiling

Apr 11, 2011
Just days after a deal to cut $38 billion in federal spending averted a government shutdown, politicians gear up for the next battle:to raise or not to raise the nation's debt ceiling.

States eye levies on services to close shortfalls

Apr 11, 2011
But in Georgia, lobbying leads to exemptions for most services targeted for a tax.

What happens if the government shuts down

Apr 8, 2011
The possibility of a government shutdown is still pending. So what does this really mean for Washington, its agencies and its employees?

The tax woes of politicians

Apr 8, 2011
Every so often, with some regularity, politicians get in trouble for failing to pay their taxes. So, why does it seem politicians make mistakes most of the rest of us don't?
Posted In: Taxes

Will the potential 2011 shutdown resemble the one in 1995?

Apr 8, 2011
Jill Schlesinger of CBS/Moneywatch examines the possible government shutdown and compares it to the shutdown the government saw in 1995 and 1996.

Trying to find compromise before a government shutdown

Apr 7, 2011
Republican Congressman Jason Chaffetz discusses the GOP's side of the budget discussions.

Europe minds the U.S. government shutdown

Apr 7, 2011
The BBC's Rebecca Singer explains why economists and investors are watching the U.S. budget situation closely.

A federal shutdown has economic consequences

Apr 7, 2011
If the government closes for just a few days, the economic effect amounts to a bad blizzard. If it lasts longer, it could affect the fragile economic recovery.

The debt ceiling explained

Apr 7, 2011
Why the U.S. debt ceiling is such a big deal, and what could happen if it's not raised.

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