Feb 13, 2012 Overnight, the Greek parliament imposed drastic cuts that will layoff some 150,000 government workers, raise the retirement age and lower the minimum wage by 20 percent. What would the same cutbacks feel like here in the U.S.?
Feb 10, 2012 President Obama unveils his budget for next year on Monday, at a community college just outside of Washington, D.C. But how serious is this executive branch wish list in a gridlocked Washington?
Feb 10, 2012 Greeks are striking again today to protest deep cuts the government wants to make in order to get more bailout money. But even the most recent austerity deal Greece proposed might not be enough.
Feb 1, 2012 Like it or not, some form of major tax change is coming over the next several years. The reason is well-known: The federal government's dire long-term fiscal situation. The real question is what kind of tax overhaul.
Dec 16, 2011 Long-term budget issues in Washington are yet to be resolved, but it is likely that leaders will settle on a temporary two month extension of the payroll tax cuts.
Dec 16, 2011 Now that Congress has averted a government shutdown, it takes up the extension of the payroll tax cut and long-term unemployment benefits
Dec 16, 2011 For now, it looks at though leaders in Washington will push back any long lasting decisions on the deficit into next year.
Dec 15, 2011 The budget debate in Washington has put a lot of programs in danger, including those that depend on research and development tax cuts to innovate.
Dec 9, 2011 We talk to one of our Washington reporters about what happened in the news this week.
Dec 9, 2011 As news from Europe points to greater fiscal scrutiny for countries in the EU, questions are raised as to whether a balanced budget amendment here at home could finally pass.