debt

Federal Government To Add Another 1.1 Trillion To The National Debt In Just 2012 Alone
Federal Government To Add Another 1.1 Trillion To The National Debt In Just 2012 Alone
Federal Government To Add Another 1.1 Trillion To The National Debt In Just 2012 Alone
WASHINGTON (AP) — Congress' nonpartisan budget analysts are projecting a $1.1 trillion federal deficit for 2012, the fourth straight year the government's shortfall will exceed $1 trillion. The Congressional Budget Office also says it expects the economy to continue recovering at only a modest rate the rest of this year, growing at a modest annual rate of 2...
President Obama Reveals $3 Trillion Plan to Cut the Deficit [VIDEO]
President Obama Reveals $3 Trillion Plan to Cut the Deficit [VIDEO]
President Obama Reveals $3 Trillion Plan to Cut the Deficit [VIDEO]
In a speech given from the White House Rose Garden on Monday, President Obama proposed a $3 trillion plan to cut the deficit, with half of that amount covered by increased taxes on the wealthy and another $800 million financed by letting the Bush-era tax cuts expire. “If we are going to make spending cuts… then it is only right we ask everyone to pay their fair share … We can’t afford these specia