Topic: Federal Deficits

Speakout: Jan. 28, 2012

Debt. . According to the U.S. Treasury Department, America has closed the books on 2011 with debt at an all-time record $15,222,940,045,451.09...
Last summer, some of America's largest banks secretly stocked their cash machines with the maximum possible supply of notes. The reason? In July ...
Defense Secretary Leon Panetta announced Thursday the first details of how the Pentagon will cut $487 billion over the next decade, which were...

Coburn Responds

Yesterday in answer to a Quin Hillyer post on Newt Gingrich and Senator Tom Coburn I referenced his cite of a posting from Jim Geraghty over at...
7 create a portfolio now:. Add . Create Portfolio or Cancel Already have a portfolio? Log In . . The U.S. debt ceiling is set to rise by $1.2...

Geithner won't serve second term

Timothy Geithner has said he does not expect to serve a second term as US treasury secretary if President Barack Obama is re-elected.. . "He's not...
A roundup of economic news from around the Web.. -State of the Union: Ryan Avent is troubled by President Barack Obama's view of trade as a...

Weekend Readings

Good Sunday, I hope you are spending a great weekend and hopefully not surrounded by snow like some others around here... (sigh):) Ah well, with...
There is a compendium of papers in Econ Journal Watch on the prospects for a U.S. debt default. Garett Jones and I authored two of the papers. We...
Bloomberg TV anchor Betty Liu was in Omaha yesterday morning for an exclusive interview with Warren Buffett and Rep. Scott Ringell (R-VA), who were...