Deficit News
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Toronto -
Ontario Finance Minister Dwight Duncan announced that Ontario can expect cuts in advance of the fall economic statement the McGuinty government will make later this month.
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If Congress exempted prison industries from labor and employment restrictions, a million jobs would be created -- and not just inside American prisons.
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With the Dow Jones Industrial Average posting its biggest one-day decline since December 2008 on Thursday in lock-step with global market sell-offs, a new poll demonstrated the vast disapproval Americans have for their legislators.
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In his weekly telephone address, Republican Presidential Candidate Ron Paul contends that the debt ceiling debate is about how much to increase federal spending and not about how much federal spending to cut.
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Ahead of the debate among Republican presidential candidates on Monday night in New Hampshire, Texas Congressman and GOP presidential contender Ron Paul issued a four-point guidance on the keys to economic growth.
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Ottawa -
Head of Canada's Treasury Board, Tony Clement, is urging various federal departments to consider a "transformative" change to reduce costs in bureaucracies, including the option of imposing user fees.
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Washington -
Speaking with Washington Post Managing Editor Chris Cillizza at a White House Correspondents Dinner breakfast event, Senior Presidential Advisor David Axelrod described Obama's opposition to raising the debt ceiling when a senator as 'a statement.'
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The Tea Party movement inspired political discourse and activism heading into the November 2010 mid-term elections and continues to be an influence heading into the 2012 elections. Benjamin Grivno, director and founder of Tea Party Heart explains why.
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Former two-term New Mexico Governor Gary Johnson recently announced his White House Republican candidacy and is seeking to evolve from 'obscurity to prominence' during his visit in New Hampshire.
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A report issued by the Cato Institute on Monday explored the issue of regulation as a barrier to job creation, citing the Obama administration as presiding over 'one of the most extraordinary expansions of regulation in all American history.'
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Deficit Headlines
Graphics comparing the deficit in the eurozone countries and the UK since 1999.
Eurozone governments managed to cut sharply their budget deficits last year, official figures show, with the overall deficit for the bloc dropping from 6.2% to 4.1%.
Record imports contributed to a 3.7% increase in the US trade deficit in December, official figures show.
The collective deficit of the UK's private sector final-salary pension schemes dipped slightly during February, figures show.
 The federal budget deficit now stands at $17.3 billion, eight months into the fiscal year, the Finance Department reports.
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Deficit Blogs
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Best-selling author Richard Louv has a description for the modern world's disconnection with the natural aspects of...
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