…deficit than they inherited while Democrats leave with a smaller one, or a surplus. Of course, this is exactly what “starve the beast” calls for. Federal Deficit each Presidential Term…

RJS, MarketWatch 666 1st Quarter GDP Shrunk at a 1.4% Rate on a Record Trade Deficit and Slower Growth of Inventories Our economy shrunk at a 1.4% rate in the…

…which means the federal government must borrow money to cover its expenses. Deficit and Debt: What are they? A deficit occurs when the federal government spends more money in a…

Jonathon Portes on macroeconomics and the deficit: As we all know, since then both the US and UK have had deficits running at historically extremely high levels, and long-term interest…

by Linda Beale GOP Representative moves to increase deficit–and aid the investor class The GOP has made lots of fusses lately about the deficit. According to the party line, earned…

…officially “score” as savings that could be used to pay for spending elsewhere in the day-to-day budgets of domestic agencies. But they have little impact, if any, on the deficit….

…in tax revenues. The deficit hawks want us to think that the countnry will be just another Greece if we don’t rein in spending and debt and keep taxes low….

…another way, $800 billion is a 72.7% cut in the government’s budget deficit for the just ended 2012 fiscal year. You would think this would make the people calling for…

Pro Growth Liberal at Econospeak also takes Joe Scarborough to task on Krugman and Keynes: Joe Scarborough on the Deficit After his interview with Paul Krugman this morning Joe Scarborough…

Over the last couple of months, a string of events made policy makers and investors alike say, what? Greece must raise capital next year and meet a 7.5% deficit target…