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Government budget deficit

Latest figures say U.S. deficit declining, economy improving

Global Politics

The latest economic data for the United States is encouraging. The budget deficit is declining, consumer spending is picking up and the government is collecting more in taxes. But there’s the possibility this good news could leave the U.S. in a worse position in the long run.

Some Republicans open to idea of tax increases in deficit reduction deal

Global Politics

The National Debt

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Global perspectives on economic recovery

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Facing the Big Bad Budget

Global Politics

Joining us to discuss potential budget cuts is Gus Faucher, an economist with Moody’s Analytics, who says that while there is no long term fiscal gain without short term pain, the proposed cuts in discretionary spending are just a drop in the bucket.

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