Feb 25, 2013 Former Senator Phil Gramm (R-TX) first used 'sequester' in a budget bill during the Reagan years. He still likes the term and the idea.
Dec 14, 2012 Throughout the debate about the deficits and debt, you've probably heard a certain metaphor: One that compares the nation to a household. Well, that metaphor bothers one of the nation's leading economists, Robert Shiller of Yale University.
Oct 25, 2012 With the fiscal cliff looming, an all-star group of CEOs wants both parties to get serious about the deficit. The fix they're calling for will be tough for both parties to swallow.
May 30, 2012 Commentator Robert Reich says lawmakers need to apply the brakes on automatic spending cuts and tax increases set to go into effect at the end of the year or the U.S. may face a new recession.
Apr 24, 2012 The Social Security Trust Fund will run out of money three years earlier than previously thought in 2033. As for Medicare, that's still on track to run out of cash in 2024.
Apr 3, 2012 A new report from the General Services Administration's inspector general says government officials spent hundreds of thousands of taxpayer dollars on a training conference near Las Vegas -- and the money wasn't only going to binders and bag lunches.
Mar 5, 2012 We're less than six weeks away from tax day, and this year the IRS is gonna have to do more with less when it comes to processing all those returns. President Obama hopes to change that.
Feb 16, 2012 Do Americans agree with President Obama's latest budget proposal? Gallup's editor-in-chief Frank Newport explains what Americans want the government to cut and spend more money on.
Feb 13, 2012 In his new budget released today, President Obama said he wants Congress to let the Treasury Department use cheaper materials to mint our coins.