American voters want more public services than they are willing to pay for. That is the country’s fiscal problem in one sentence. When it comes to public finance, the “live now, pay later” mentality that caused the economic collapse still prev…
The world’s foremost gathering of business and government leaders wrapped up a five-day meeting Sunday with widespread agreement that a fragile recovery is under way but no consensus on what’s going to spur job growth and prevent another global econ…
President Barack Obama renewed his pledge on Saturday to make job creation his top priority in 2010 but said it was also critical to rein in a record budget deficit that threatened an economic recovery.
President Barack Obama’s proposal to freeze government spending is turning out to be a tough sell on Capitol Hill. His liberal base warned Tuesday the three-year cap on most non-defense discretionary spending could hamper an economic recovery…
He can’t pull back the stimulus too quickly, despite the public’s concerns about rising deficits, because that could kill a fragile recovery.