NationalDebt News

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Opinion: Who's To Blame for the Massive Deficit?

(Dec. 29) – The temporary increase in the national debt ceiling approved this month – combined with the prospect of a huge trillion-dollar-plus increase early next year – has once again prompted criticisms of President Obama for runaway spending and record deficits. All this borrowing is only necessary,...

Lawmakers Urge New Way to Fix Climbing Deficit

(Dec. 21) -- Health care may be dominating the debate in Washington now, but the explosive issue lurking behind the insurance battle is how to confront the soaring federal budget deficit and national debt, which some lawmakers and experts say threaten the fiscal solvency of the country. The idea gaining the most steam...

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...

Opinion: Five Steps to Cut the National Debt

(Dec. 10) -- Earlier this week, lawmakers confirmed that they will increase the national debt ceiling by as much as $1.8 trillion – raising it to more than $13 trillion – so the federal government can keep borrowing to cover its huge deficit. As daunting as those numbers are, Congress has no choice. Fail to...