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AP: “Government to report on $1 trillion-plus deficit”

Oct 15

The Obama administration is projecting that the deficit for the 2011 budget year, which began on Oct. 1, will climb to $1.4 trillion. Over the next decade, it will total $8.47 trillion.
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Friday Funnies: 5 jokes about government spending

Oct 15

"The White House has issued an alert for American tourists traveling in Europe over fears of a terror attack. But the joke's on you, terrorists. We can't afford to go to Europe." -- Jimmy Fallon
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Blog

State News Roundup

Oct 14

A look at the most important budget-related news and information from around the country.
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Blog

Top 3: last week's most popular posts

Oct 18

INFOGRAPHIC & VIDEO: the truth about our jobs crisis Friday Funnies: 5 jokes about government spending Government spending has increased

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NPR: “Why another stimulus might not help us rebuild”

Oct 18

"Stimulus" may be a dirty word in Washington these days, but don't we need another boost to kick-start the economy? Economic historian Niall Ferguson says a second round isn't a good idea at all.
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Blog

Stimulus hypocrisy

Oct 18

As our recent poll revealed, it’s not just Washington’s overspending that makes voters so mad -- it’s their attitude about it: the careless waste; the indifferent oversight; the lackadaisical “budgeting”; and of course, the hypocrisy.
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Wash Post: “New poll finds negativity toward federal workers”

Oct 18

More than half of Americans say they think that federal workers are overpaid for the work they do, and more than a third think they are less qualified than those working in the private sector, according to a Washington Post poll.
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Wash Post: “Retail group's analysis paints dire image of a VAT”

Oct 14

Piling a European-style sales tax on top of the existing U.S. tax structure would immediately destroy 850,000 jobs and damage retail spending for years to come, according to an economic analysis commissioned by the National Retail Federation, a leading trade group.
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Fiscal Commission: Discretionary Working Group

Oct 14

The Administration’s National Commission on Fiscal Responsibility and Reform – better known as the “Fiscal Commission” -- has three working groups, one of which is the Discretionary Working Group.
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Facts

Beyond the Headlines: the truth about our jobs crisis, cheat sheet

Oct 12
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Visuals

Beyond the Headlines: the truth about our jobs crisis, visualized

Oct 12
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Millions to change size of NYC street sign lettering

Oct 13

New York City’s 250,900 street signs will be changed from entirely uppercase lettering used for the past century to lowercase lettering with just the first letter capitalized. City officials estimated the cost of converting the signs at $27.6 million.
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Definition of the Week: biennial budgeting

Oct 13

Amid its debate of proposals to address the massive budget deficit, the President’s “Fiscal Commission” also has discussed changes to the budget process itself.
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INFOGRAPHIC & VIDEO: the truth about our jobs crisis

Oct 13

The jobs report released on Friday shows that unemployment persists at 9.6 percent. As high as this number is, it doesn’t tell the whole unemployment story. But we do: see our new infographic to uncover the truth about our jobs situation.
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Four governors discuss spending cuts

Oct 13

As we all know, state governments have found themselves in massive budget messes in recent years. Today, four governors discuss what they’re doing to cut spending. Here are two notable excerpts.
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Operation Escargot and French pension reform

Oct 19

As public pension systems all over the world face growing shortfalls, some countries have taken steps to close the gap. In France, a movement to raise the retirement age from 60 to 62 has passed the National Assembly and awaits approval in the Senate.
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