budget deficit

Vast amounts of analysis are pouring out across the Internet today about President Obama's new budget, so much that it's hard for anyone not versed in the issue to keep up.

The national debt and federal budget deficit affects all of us, by shaping the choices we face each day, but the younger you are, the greater the

We've already posed the question of "Where does the money go?" but what does the federal government do when the money doesn't show up in the first place?

More bad news has emerged from last week's Congressional Budget Office report: the surplus in the Social Security trust fund is now expected to dramatically dwindle next year -- about seven years faster than in the CBO's projections issu

At least you can't say the federal budget is a back-burner issue anymore. With President Obama projecting an unprecedented $1.75 trillion deficit and proposing significant changes in taxes and spending, you couldn't ignore the nation's budget problems if you tried.

A recent piece in Time Magazine acknowledges the sad truth: when it comes to numbers in the trillions, the human mind slips into brain freeze at a speed faster than a field of dry ice. But that doesn't mean we can't understand what's going on.