BudgetCuts News

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Opinion: America's Unquenchable Defense Spending

(July 20) -- If there's one issue that seems to unite an increasingly divided and fractured capital, it is the ever-expanding federal budget deficit. Everyone seems wants to curb Washington's appetite for spending. Except one area of the federal budget is seemingly off limits: the $692 billion elephant in the room --...

Opinion: Is the Debt Commission Serious?

(April 27) -- Before President Barack Obama's debt commission officially met for the first time today, he told the members that "everything has to be on the table" when it comes to reducing the nation's gargantuan debt. Presumably, that would include Obama's own budget. After all, his budget plan, released earlier this...

Shhh! That's the Sound of Public Libraries Closing

LOS ANGELES (March 27) -- Massive budget cuts that have already led to furloughs for government workers and increased class sizes for public school teachers are claiming another victim: libraries. The Los Angeles Board of Library Commissioners this week ordered nine city libraries to close on Sundays, citing a city...

Opinion: Red Ink Rising

(Dec. 14) -- While many U.S. households are struggling with their own personal debt, citizens face an even larger – although less visible – threat from the mounting U.S. government debt. True, they don't receive a monthly mortgage statement or credit card bill for their share, but the effects will slowly chip...

BudgetCuts News From AOL

AOL MONEY & FINANCE

Is Europe a safe place to buy? Not exactly

-The stock market will have a lot to chew on next week.

THE HUFFINGTON POST

Gary Shapiro: Business Must Step Up to Solve the Budget Challenge

Almost every sentient American now understands that our political leaders have done nothing to address the challenges of our growing debt, other than to kick the can down the road to yet one more committee.