Debt-Flicks: The Money Pit

June 3, 2013

Rep. Jose Serrano (D-NY) said the IRS needs more funding, yet acting IRS Commissioner Danny Werfel said the solution is “not more money.”

Debt-Flicks: The Producers

June 3, 2013

Summer is the season for big budget blockbuster movies. Accordingly, Bankrupting America will review some of the latest and greatest budget busters in our new series, Debtflix as anticipation builds to the event of the summer: the debt ceiling. Between 2010 and 2012, the IRS spent $50 million on 220 conferences and a number of cheesy movies. What better way to kick off the season with an IRS marathon featuring the “Cupid Shuffle”?

Roles Reversed

May 9, 2012

Following the elections in Greece and France on Sunday, many are speculating on the future of Greece in the European Union.

National debt reaches 100% of GDP

January 9, 2012

According to USA Today, the national debt recently marked a dubious achievement. It is now as big as the entire country’s economy.

B.A. Spending Daily

October 31, 2011

A roundup of this morning’s must-read budget and economic stories.

European leaders strike late night deal

October 27, 2011

After missing their self-imposed Sunday deadline, European leaders agreed to a plan to address the European debt crisis late last night.