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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. |
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. |
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 |
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. |
The Motley Fool February 2, 2011 Morgan Housel |
How the Surplus Became a Deficit Tearing apart CBO's numbers. |
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. |
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. |
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. |
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." |
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. |
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. |
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. |
Finance & Development September 2011 |
Fiscal Neighbors Canada and the United States confronted growing budget deficits and public debt but the results differed. |
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). |
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. |
Inc. January 2006 Robert E. Litan |
Almost a Tax Plan The budget deficit is deadly serious. Tax reform should be too. |
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. |
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. |
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? |
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. |
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. |
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. |
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. |
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. |
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. |
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. |
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. |
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. |
The Motley Fool August 5, 2011 Morgan Housel |
What the Debt Deal Might Do to the Economy Probably nothing good. |
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. |
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. |
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. |
Reason June 2009 Veronique de Rugy |
The Age of Debt Barack Obama's first budget promises "fiscal responsibility" but delivers the opposite. |
BusinessWeek January 19, 2004 |
Bush's Borrowing Is Sapping Our Strength The GOP-led Congressional Budget Office says tax cuts will likely slow growth |
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. |
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. |
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. |
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. |
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. |
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 |
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. |
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? |
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. |
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 |
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. |
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? |
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. |
CFO May 1, 2004 Kris Frieswick |
NASA, We Have a Problem Can NASA's CFO fix the space agency's chronic financial woes? |
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. |
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. |