…week President Obama said that a presidential commission on the budget needs to consider all options for reducing the deficit, including tax increases and cuts in spending on entitlement programs…

…deficit by 2018. 2slugs is right: the BLS is essentially forecasting that China and Japan (among other perpetual savers) will finance a growing U.S. trade deficit. Oh man. Rebecca Wilder…

…there’s a recession any time in the next three years the deficits will grow to be much larger.) This deficit is then decomposed into various components that correspond to specific…

…quarter. All trade data is Not Seasonally Adjusted (NSA). The trade deficit has grown even while the Euro strengthened. The following chart shows the average monthly trade deficit with the…

…it would not fulfill that promise. The deficit in fiscal 2004, which ended Sept. 30, was $413 billion. Under Bush’s plan for spending and taxes, the deficit would be $258…

…trade deficit. One is President Bush’s pledge to cut the budget deficit in half.. Taylor pointed out that the Treasury is also prodding foreign governments to achieve faster economic growth,…

…over the same span, the red graph shows our trade deficit for everything else except oil; combined together, those two are of course our total trade deficit, which Bill has…

…and services trade deficit rose by $13.0 billion to $80.2 billion in November, from an October deficit of $67.2 billion, which was revised from the $67.1 billion deficit reported for…

…Medicare deficit allowed? There actually is a very interesting story about the projected deficit for the Medicare Part A program: it has fallen sharply in recent decades. In 2000, it…

…model for discussion. When the government deficit spends here are the mechanics: a) Government buys goods from some private entity, let’s say $1,000 worth. The government deficit spends to do…