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Tag: deficit

Treasury Sends Dire Warning To Congress: We're Running Out Of Money Faster Than Expected

Kelly Phillips ErbOctober 1, 2015

We might have avoided a government shutdown (for now) but barring any last minute actions by Congress, we’re still on track to default on our

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Congress Whips Out Fat Pants As Sequestration Looms

Kelly Phillips ErbNovember 20, 2012July 2, 2020

The end of the world is coming. You’ve heard, haven’t you? On January 2, 2013, two fiscal storms – tax increases and sequestration – will

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What The VP Debate Didn’t Tell Us About Tax

Kelly Phillips ErbOctober 13, 2012June 28, 2020

Two minutes isn’t a lot of time to talk about taxes. It’s even less time when you’re trying to get in zingers and tout your

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What&’s Old Is New Again In Obama’s Budget Proposal

Kelly Phillips ErbFebruary 16, 2012June 8, 2020

You don’t grow up as a middle child without learning a few tricks of the trade. One of the most notable: if you have something

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CBO Releases Updated Budget Outlook, Suggests Picture Improving

Kelly Phillips ErbAugust 24, 2011

Kids, put on some good clothes and get in the car! We’re going out to celebrate! As it turns out, the country is only $1.28

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Do Americans Want To Pay Higher Taxes To Reduce Our Debt?

Kelly Phillips ErbJuly 26, 2011

Do Americans want to pay higher taxes to pay down our debt? It depends on who you’re listening to. Much has been made of wealthy

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Debt Ceiling? What Debt Ceiling?

Kelly Phillips ErbJuly 11, 2011

I’ve received a lot of emails lately asking me to explain what the debt ceiling is and what it really means. It seems that it’s

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Zuckerberg May Not “Like” This on Facebook

Kelly Phillips ErbApril 21, 2011

On Wednesday, President Barack Obama went all social media on us, appearing at a “town hall” style meeting at offices in Facebook. The event, which

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Let’s Get Fiscal: Obama Proposes Budget

Kelly Phillips ErbFebruary 16, 2011

The deficit rag, oh yes the deficit rag! Those budget gaps can be a 12-digit drag! I’m telling you, that’s the deficit, they really made

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How Green Was My Valley: Seattle Scraps Over Parking Tax

Kelly Phillips ErbNovember 8, 2010

Seattle, long known as one of the most bicycle-friendly cities in the US, may be facing some resistance in its efforts to green up the

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