In the not-so-distant past, a crusading third-party presidential candidate ran a grass-roots, national campaign on a platform of fiscal responsibility and balanced budgets.
Americans are watching with growing disgust Washington's embarrassing inability to reach a reasoned and reasonable compromise in raising the debt-ceiling limit.
Earthquakes. Tsunamis. Nuclear crises. Disasters are one reason why Washington should get the government's long-term debt under control.
Some political experts have said that Wisconsin Gov. Scott Walker, in a battle with public employee unions over the right to collective bargaining, has overreached in his attempts to shore up the state's budget shortfall.
Wisconsin Governor Scott Walker says there are "dire consequences" if Democratic senators don't return to work.
Last week was such a happy week for deficit hawks. This week, they're back to beating their heads against the wall.
CNN's John King discusses the tough decisions behind cutting the deficit.
This week, co-chairs Erskine Bowles and Alan Simpson issued their joint proposal for consideration by the full National Commission on Fiscal Responsibility and Reform. Their joint proposal represents a commendable, comprehensive, aggressive and good faith effort to address our nation's structural deficit. It recognizes the need for economic recovery now while addressing the structural deficits that represent the real threat to our collective future.
A $9 trillion federal deficit over 10 years may be too hard to comprehend. But this part is easy: Such unwieldy amounts of debt could have an impact on Americans' bottom line one way or the other -- if not tomorrow, then the day after.
Even under the best of economic circumstances, tax season is a tense time for American households. The number of hours we collectively spend working on our returns is probably a lot more than government agencies claim.
President-elect Barack Obama is inheriting the worst economy in decades and says he'll need to "invest an extraordinary amount of money" to get it back on track.
Let's say a giant asteroid was headed toward Earth right now and experts say it has a good chance of ending civilization as we know it. Let's also say that we've known about this asteroid for years but even as it gets closer and closer our leaders do nothing.
Private equity firms were pressed to disclose more information about their businesses Tuesday after the publication of an industry code of conduct aimed at allaying criticism of the buyout industry.
Lawmakers talk up 'Petraeus Report,' Pentagon says there's 'no such thing.' CNN's Josh Levs explains.
Congress is expected this week to pick apart U.S. military data suggesting attacks and civilian casualties in Baghdad have sharply decreased in recent months.
The Homeland Security Department has failed to meet even half of its performance expectations in the four years it has been in existence, congressional auditors concluded
Iraq has failed to meet 11 of the 18 benchmarks the U.S. Congress set when it approved a war-spending bill in May, the Government Accountability Office reported Tuesday.
He has recently made stops in Iowa, New Hampshire and South Carolina, giving speeches and holding town hall meetings. But he's not seeking the presidency.
The nation's top accountant has watched with growing alarm as the amount of money the country owes has skyrocketed.
Morgan Stanley CEO Philip Purcell gave in to critics Monday, announcing his retirement as one of Wall Street's leading brokerage firms seeks to repair its sluggish earnings and battered image.
In his State of the Union address Wednesday evening, President Bush encouraged lawmakers "to join together to strengthen and save Social Security." But in making his case for why an overhaul is needed now, he may have overstated Social Security's problems.
There is an important question that, if asked of either presidential candidate during the upcoming debates, is guaranteed to elicit an evasive nonanswer. It goes something like this: "All the fisca...
Embarrassing e-mails from Henry Blodget, Jack Grubman, and other Wall Street analysts have been the talk of the business community for months. We would be hearing even more juicy revelations were i...
The price/earnings ratio is the most widely used method of valuing a stock, but it isn't foolproof: Companies can manipulate earnings in many ways. To boost short-term earnings, for example, they c...
You may be familiar with the rewards of your company-sponsored 401(k) retirement plan: tax-deferred growth and company matching of your pretax contributions (see November's ''How to Grow a Lush 401...
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