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Reason
January 2004
Julian Sanchez
Rose-Colored Calculators Advocates of Medicare and Social Security reform have long complained that fuzzy accounting makes the programs appear to be more fiscally sound than they are. CBO projects that by 2075, the two programs together will consume 16 percent of GDP, more than double the current level. mark for My Articles similar articles
CFO
April 1, 2008
Lori Calabro
The GAO's David Walker Why David M. Walker decided he could spread the word about the government's fiscal maladies more effectively by moving to private life. mark for My Articles similar articles
Finance & Development
September 2010
Laurence J. Kotlikoff
A Hidden Fiscal Crisis A noted U.S. economist says debt figures seriously understate long-term budget problems in the United States mark for My Articles similar articles
BusinessWeek
June 28, 2004
Glenn Hubbard
The Social Security And Medicare Morass Entitlement reform in the U.S. -- and encouraging more private saving -- are essential. mark for My Articles similar articles
The Motley Fool
February 2, 2011
Morgan Housel
How the Surplus Became a Deficit Tearing apart CBO's numbers. mark for My Articles similar articles
The Motley Fool
December 8, 2009
Morgan Housel
Should You Worry About the Budget Deficit? Maybe things really are different this time. Unless we rethink the word "entitlement," yes, you should worry about the budget deficit. mark for My Articles similar articles
The Motley Fool
April 7, 2010
Thomas F. Cooley
(Don't) Read My Lips: Higher Taxes Are Inevitable Given current fiscal realities, higher taxes are inevitable. mark for My Articles similar articles
Knowledge@Wharton
June 18, 2003
Fate Worse than Debt: Can the U.S. Deficit Rise to $45.47 Trillion? The U.S. government's future obligations outweigh its projected revenues so heavily that it would need a permanent income tax increase of 66% or the immediate elimination of all federal discretionary spending to put it on track for balancing its finances. mark for My Articles similar articles
National Defense
March 2011
Lawrence P. Farrell Jr.
Follow the Bouncing Ball of Defense, Federal Budgets: Disoriented Yet? Across the entire spectrum of military programs, affordability has become a predominant theme. As one senior official said, "It is no longer readiness at any cost, it is readiness at best value." mark for My Articles similar articles
The Motley Fool
December 11, 2008
Morgan Housel
Budget Deficit Goes Into Overdrive There's something terribly ironic about a group of Congressmen and -women chastising auto company executives for driving their companies into the ground, when the state of Uncle Sam's balance sheet looks like it does today. mark for My Articles similar articles
The Motley Fool
February 9, 2010
Morgan Housel
Sick of the Budget Deficit? Read This What really sent us over the edge. For one, there was a good round of tax cuts enacted under President Bush. And two wars. You know the story. Moreover, the economy didn't grow as fast as expected. mark for My Articles similar articles
Managed Care
July 2002
CBO Weighs Effect of Growing Deficit on Fed Programs Health care programs such as Medicare and Medicaid figure to suffer, thanks to a growing federal budget deficit, according to a report by the Congressional Budget Office. mark for My Articles similar articles
Finance & Development
September 2011
Fiscal Neighbors Canada and the United States confronted growing budget deficits and public debt but the results differed. mark for My Articles similar articles
Parameters
Autumn 2008
Travis Sharp
Tying US Defense Spending to GDP: Bad Logic, Bad Policy Defense spending should be determined according to threat-based analysis and not fixed at 4 percent of the gross domestic product (GDP). mark for My Articles similar articles
Reason
Aug/Sep 2009
Brian Doherty
So Long, Surplus: Social Security unstimulated The "Social Security surplus" has vanished. That figure has long referred to the amount in Social Security taxes collected over and above the amount the system pays out that year. mark for My Articles similar articles
Inc.
January 2006
Robert E. Litan
Almost a Tax Plan The budget deficit is deadly serious. Tax reform should be too. mark for My Articles similar articles
National Defense
October 2012
Lawrence P. Farrell Jr.
Let's Face It: There Is No Shelter From the Fast Rising $$ Storm Defense faces a more than $50 billion reduction per year if sequestration is allowed to occur. Cuts through 2017 of 21 percent are less than the 35 percent reduction after the Cold War wound down, but sequester makes the cut totally arbitrary. mark for My Articles similar articles
BusinessWeek
February 20, 2006
James Mehring
Deficits: The CBO's Forecasts Look Too Rosy The massive budget deficits of recent years are starting to shrink, according to the Congressional Budget Office. But as officials readily admit, the agency's projections don't fully capture reality. mark for My Articles similar articles
Financial Advisor
October 2006
Bruce W. Fraser
Economic Pin Balls As it stands today, Bush's economic legacy is still uncertain. Is Treasury Secretary Henry M. Paulson, Jr. more than a Hail Mary? mark for My Articles similar articles
National Real Estate Investor
June 1, 2005
Anthony Downs
A Recipe Sure to End the Real Estate Boom Slower growth, higher interest rates, and higher taxes are not a recipe for prosperity. So, real estate will be part of the broader economic suffering required by the adjustments our economy must make. mark for My Articles similar articles
BusinessWeek
December 13, 2004
Robert J. Barro
Mysteries Of The Gaping Current-Account Gap The budget deficit isn't to blame, but spending discipline won't hurt. mark for My Articles similar articles
Investment Advisor
May 2010
Ron Pechtimaldjian
What It Will Cost The preliminary estimates of the healthcare reform bill's costs released by the CBO helped bolster support for the bill three days before the House voted. mark for My Articles similar articles
CFO
May 1, 2004
Julia Homer
The Financial Frontier Fourteen years after passage of the Federal CFO Act, sloppy accounting continues to plague federal agencies and evade congressional attention. mark for My Articles similar articles
The Motley Fool
February 18, 2011
Morgan Housel
Just the Facts: A Look At Obama's Budget Proposal Where spending is rising, and why it's so hard to cut. mark for My Articles similar articles
The Motley Fool
August 1, 2011
Morgan Housel
Crisis Averted? The Latest on the Debt Ceiling What you need to know about the mess in Washington. mark for My Articles similar articles
National Defense
May 2010
Conetta & Knight
For National Security's Sake, The Pentagon Has to Tighten its Belt President Obama has called for a freeze on most federal agency spending, notably exempting national defense. mark for My Articles similar articles
BusinessWeek
October 21, 2010
Heidi Przybyla
Alice Rivlin's Bid to Cut the Deficit Alice M. Rivlin's shadow commission to trim spending, without any political candidates, goes where the real commission dare not. mark for My Articles similar articles
Reason
May 2009
Veronique de Rugy
When Do Deficits Matter? While Democrats and Republicans switch sides regarding deficit spending, economists try to pin down a tipping point. mark for My Articles similar articles
The Motley Fool
August 5, 2011
Morgan Housel
What the Debt Deal Might Do to the Economy Probably nothing good. mark for My Articles similar articles
BusinessWeek
July 30, 2007
James Mehring
Less Red Ink Now. Lower Rates Later? The odds look good for the federal budget deficit to post the smallest shortfall in five years, while conditions look promising for even less red ink next fiscal year. mark for My Articles similar articles
The Motley Fool
February 15, 2007
Mike Norman
Balance the Budget and Unbalance the Economy From time to time the idea of a balanced budget amendment has been floated, but so far it has never come to pass. Thankfully. We need to fear a balanced budget more than deficits. mark for My Articles similar articles
Registered Rep.
November 1, 2004
David A. Geracioti
The Great Gray Beast An interview with Peter G. Peterson, author of Gray Dawn: How the Coming Age Wave Will Transform America -- and the World and Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It, on how the political class is mortgaging America's future. mark for My Articles similar articles
Reason
June 2009
Veronique de Rugy
The Age of Debt Barack Obama's first budget promises "fiscal responsibility" but delivers the opposite. mark for My Articles similar articles
BusinessWeek
January 19, 2004
Bush's Borrowing Is Sapping Our Strength The GOP-led Congressional Budget Office says tax cuts will likely slow growth mark for My Articles similar articles
BusinessWeek
February 16, 2004
Michael J. Mandel
Cutting Through The Budget Smoke Long-term growth matters to the health of the U.S. federal budget, and so does reforming entitlements. mark for My Articles similar articles
National Defense
February 2010
Lawrence P. Farrell Jr.
Predicted Fiscal Train Wreck Fast Becoming a Grim Reality The defense budget is about to be released by the Obama administration and, with other documents, will provide the first real insight into the administration's long-term military and national security strategies. mark for My Articles similar articles
National Defense
December 2011
Lawrence P. Farrell Jr.
Day of Reckoning Is Approaching: It's Pay Me Now or Pay Me Later The Honorable David Walker, former comptroller general of the United States and now the founder and CEO of the Comeback America Initiative offers thoughts on the budget deficit. mark for My Articles similar articles
BusinessWeek
November 22, 2004
Robert Kuttner
The Budget Mess Bush Can No Longer Ignore The U.S. economy can't grow its way out of such big deficits. mark for My Articles similar articles
Finance & Development
September 1, 2000
Robert A. Feldman & C. Maxwell Watson
Central Europe: From Transition to EU Membership The Central European countries have made considerable progress with the transition to a market economy and now face the challenge of developing macroeconomic policy frameworks on the road to EU accession. mark for My Articles similar articles
Finance & Development
September 2010
Kevin Cheng
The Long Run Is Near France, like many advanced economies, confronts the expensive needs of a rapidly aging population mark for My Articles similar articles
BusinessWeek
February 25, 2010
Charlie Rose
Peter Orszag: Putting the Deficit on a Diet A conversation with Peter Orszag, Director of the Office of Management & Budget. mark for My Articles similar articles
Managed Care
June 2006
All Insurers Face Similar Spending Growth The rapid rate of growth in health spending relative to national income is raising concern among policymakers -- is the U.S. health care system financially stable? mark for My Articles similar articles
CFO
October 1, 2004
Kris Frieswick
Losing Battles Two decades of failed Pentagon financial reforms put more than just dollars at risk. And serious reform in so enormous an organization will still take a Herculean effort. mark for My Articles similar articles
Finance & Development
September 2010
Mark Horton
How Grim a Fiscal Future? For most advanced economies, both the near term and the longer term are tight, but there are ways to ease budget pressures mark for My Articles similar articles
On Wall Street
December 1, 2009
Milton Ezrati
Emerging Economies Are Even Better Than Advertised Not only have emerging markets resumed their place as leading engines of global growth, they have also followed monetary and fiscal policies that are much more prudent than those of the United States, Japan and most other developed nations. mark for My Articles similar articles
BusinessWeek
September 2, 2010
Caroline Baum
Commentary: The Good Old Bad Days It's easy to be nostalgic for the 1990-91 recession that gave way to the Clinton boom. What will it take to ignite that kind of growth today? mark for My Articles similar articles
BusinessWeek
August 11, 2003
Laura D'Andrea Tyson
The Bush Tax Cuts Are Sapping America's Strength The cost is nearly three times as much as the tab from September 11, Afghanistan, Iraq, and homeland security combined. mark for My Articles similar articles
CFO
May 1, 2004
Kris Frieswick
NASA, We Have a Problem Can NASA's CFO fix the space agency's chronic financial woes? mark for My Articles similar articles
BusinessWeek
December 2, 2010
Przybyla & Faler
Deficits and Debt as Far as the Eye Can See Neither the President's panel nor the most hawkish budget-cutters would balance the federal budget for decades to come. mark for My Articles similar articles
BusinessWeek
February 16, 2004
Howard Gleckman
The Budget: Hey Guys, Get Real President Bush says he wants to cut the deficit in half by 2009. Here's why that's not likely to happen. mark for My Articles similar articles