Topic: Peter G. Peterson Foundation

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Federal budget mess: Six ways to fix it

Surprise! It turns out America's problem with runaway budget deficits is solvable, after all. That, at least, is the opinion of some prominent think thanks that have been offering ready-made blueprints.

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Economist Mom
Creating jobs while reducing the deficit: hard but possible

Just because deficit spending in general can be helpful in a recession and recovery and harmful in general in a recovered economy, doesn’t mean all deficit spending is equally good in a recession and recovery, or all deficit spending is equally bad in a full-employment economy.  There are benefits and costs in either situation.
Boehner draws line in sand on debt ceiling

The Speaker of the House says any raise in the debt ceiling must be accompanied by steep cuts.
Federal budget mess: Six ways to fix it

Surprise! It turns out America's problem with runaway budget deficits is solvable, after all. That, at least, is the opinion of some prominent think thanks that have been offering ready-made blueprints.
Economist Mom
Well, good for you, AARP!

AARP won't oppose cutting Social Security benefits anymore, which shows that the organization understands what it means to make tough choices
Economist Mom
Are unemployment benefits getting an undeserved 'mugging'?

The $34 billion jobs bill that stalled in the Senate last week could help millions of Americans and directly support the economy.
Undaunted by the economy, Obama presses ahead on healthcare reform

His introduction of Kansas Gov. Kathleen Sebelius (D) for secretary of health and human services marks an attempt to press for reforms even amid the economic crisis.
What does a $1.2 trillion budget deficit look like?

It would buy 4.8 billion Wiis. As a standard mortgage, it would cost $6.7 billion a month.
Obama's promises face a rough road ahead

A government mired in debt combined with a recession will make the path to recovery difficult for the president-elect.
US stares at a $1 trillion deficit. How bad is that?

The number ballooned amid the banking bailout. Tax hikes may lie ahead.
Tap America's spirit of sacrifice

People are driving less because of high gas prices. What else might they give up?