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Into the Budget Breach
November 15, 2010
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After years of disciplined preparation, Paul D. Ryan, Republican of Wisconsin, is about to confront the challenge he’s been waiting for since his days as a Capitol Hill intern. He’s getting ready to take the helm of the House Budget Committee, moving up from ranking Republican as a result of the GOP...
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Fed Chairman Ben Bernanke on the Urgent Need to Tackle the Debt Threat
October 5, 2010
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Leading economic and fiscal experts continue to call for serious entitlement reform to avert the explosion in debt and the shredding of the social safety net. In a speech delivered in Rhode Island last night, Federal Reserve Chairman Ben Bernanke issued a clear warning for policymakers to fix Washin...
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Demand for financing leads global economic recovery toward 'wall of debt'
July 15, 2010
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It has been dubbed the "wall of debt." A massive wave of borrowing will start cresting this year when the U.S. and European governments sell an estimated $4 trillion in new bonds. The surge will course through the world financial system for several years as countries, corporations and banks borrow r...
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The Urgent Need to Chart a New Course
July 13, 2010
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Let's get a grip on gov't spending We are doubling down on this borrow and spend mentality. We are going in completely the wrong direction with our fiscal policy. I put myself in the Chris Christie camp. States need to take this moment to finally fix their budget mess. Washington shouldn't continual...
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Joint Chiefs chairman reiterates security threat of high debt
June 24, 2010
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Pentagon leaders, the military services and defense contractors must work together to cut bureaucratic bloat and unnecessary programs, the chairman of the Joint Chiefs of Staff said Thursday. Adm. Mike Mullen also renewed his warning that the nation’s debt is the biggest threat to U.S. national sec...
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