budget

Thinking about the federal budget deficit and the national debt – now closing in on $13 trillion dollars – is usually a somewhat cerebral pursuit.

There are 61.9 trillion reasons why college students should have a burning interest in the federal budget deficit and national debt, but how do you get them thinking ab

We all agree on the facts: the national debt is closing in on $13 trillion and our fiscal practices have been irresponsible for years.

In a torrent of budget news, the Wall Street Journal's interactive graphic of the federal budget process is something to make you laugh or cry, as you prefer.

It was freezing in Emporia, Kansas – midway between Wichita and Kansas City, a great case study for the winters for which the Midwest is known - as President Obama, many miles away, took his ceremonial walk through the U.S. Capitol and began his first State of the Union address.

The idea of a bipartisan commission to draft a plan to get the federal budget on a sound footing has been embraced by President Obama and Congressional leaders, and will likely be a major point in next week's State of the Union speech.

One of the biggest problems in getting Americans engaged on the nation's fiscal challenges is that the problem is so hard for most people to get their arms around. The numbers are so huge, the issues so arcane and the problems so daunting that people may get angry about it, but have no idea how to grab onto it.

Origins of a Debt Economy