Washington will this week welcome President Hu Jintao of China – the largest foreign holder of U.S. debt. For some context, here is a brief primer on a key consequence of government’s chronic overspending: the ballooning levels of publicly held debt.

The tax package signed into law last week was the subject of much analysis and debate. Often, amidst these discussions, the bigger picture grows blurry.

The tax package signed into law last week was the subject of much analysis and debate. Often, amidst these discussions, the bigger picture grows blurry.

A quick look at the three most popular posts from last week.

Today, the National Commission on Fiscal Responsibility and Reform, or the “Fiscal Commission,” released its final proposal on how to bring the country back from the fiscal brink.

As we spend time with loved ones on Thanksgiving, it’s understandable that things like government spending aren’t at the front of the mind. But, unfortunately, the impact of out-of-control spending doesn’t take a day off.

The holiday season is upon us once again. Time for those lovely family gatherings where your crazy uncle has one too many and becomes convinced that deficit spending will get us out of the recession. You know he’s wrong, but do you have the facts?

Last week, the “Fiscal Commission” co-chairs unexpectedly released a draft of their proposal to reel the nation back from the fiscal brink. The plan sparked an immediate reaction from politicians, special-interest groups, and pundits of all political stripes.