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Surprise! Budget mess rolls on

Congress and the White House took another few steps away from conducting a well-reasoned, bipartisan budget process on Wednesday, as Democrats and Republicans let loose another round of ultimatums and...

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Americans overwhelmingly favor big defense cuts

With annual budget deficits now routinely topping $1 trillion, a majority of Americans favor cutting defense spending, according to a new survey. The survey, conducted by the Center for Public...

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Should the U.S. be borrowing more?

If there is one advantage to the current economic malaise, it is this: Borrowing costs for the United States have reached record low levels, creating an opportunity for the government to make...

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