Budget Sense: New Year's Resolution? Slim Down, Big Government

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January 8, 2013 News and Analysis on Your Money in Washington

Time for a Diet, Washington While many Americans resolve to make 2013 the year they really do slim down, exercise more, and spend less, the U.S. Congress could afford to commit to a few resolutions of its own. Call them budget resolutions — something Congress hasn’t had in a while. Here are five New Year's resolutions...
A New, Extra-Extraordinary Debt-Ceiling Tool Timothy Geithner's Treasury Department May Need a New, Unconventional, Last-Ditch Budget Tool, such as the Full Faith and Credit Act, to Keep It Solvent. See the Full Report >>
Interest On the National Debt Will Nearly Double Over the Next Decade As the publicly held debt grows, net interest payments will increase dramatically, even assuming that interest rates remain low. Under current projections, real net interest costs would more than double over the next decade. INFLATION-ADJUSTED DOLLARS (2012) See and Share More Charts on America's National Debt >>	The TRUTH About Bloated Hurricane Sandy Bill Pork bill includes $$ for Smithsonian, more waste Read and Comment Now VIDEO: Your Questions Answered on Fiscal Cliff Experts dissect the fiscal cliff deal in live Q&A Watch the Video Now 10 Facts on the Fiscal Cliff, Debt and Spending A quick look at America's budget, how we got here Read and Comment Now

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