The current budget and deficit debate in America is now dominating the daily headlines. There is even talk of shutting down the government if the budget-cutters don't get their way.
President Obama released his budget proposal Monday, officially staking his position in what
In Tuesday evening's generally well-received State of the Union speech, President Obama appealed to the center with talk of reducing the deficit and controlling federal spending.
There has been a lot of talk about deficits lately. This is for good reasons. Our personal and national relationship to debt is indeed a moral issue.
President Obama's 2011 budget, submitted to Congress this week, totals $3.8 trillion and projects a deficit of $1.6 trillion.