National Debt

The Stock Market loses over 1,000 points in a week. What does that mean to you? A lot — if you have a 401(k) or pension plan.

The Highway Trust Fund, along with the Transit Trust Fund, is pretty well bankrupt. Imagine that, Congress not being able to manage money.

Everyone seems to look to government to solve the problem of lack of jobs. It’s like expecting the fox to bring back the chickens.

We’ve experienced recessions, depressions, housing slumps, gas lines, currency devaluation and more over the past 150 years. One doesn’t need a crystal ball to know that history will certainly repeat itself.

Assuming online retailers could realize a nice 3% profit after expenses there would be a taxable income of $6.75 billion — hardly a national debt busting amount in a trillion dollar plus economy.

We talk every morning about the massive debt my country has. How on earth are we EVER gonna pay off a $17 trillion debt. We can't. And the citizens of this country are ready to explode out of frustration. The President just spends all his time blaming the Republicans for the shape were in as a …

We will never pay off a $16 trillion dollar debt. The good news is we don’t have to.

If Bill Gates and I both buy our own private Gulf Stream jet planes, which of us will have the tougher time making the payments?

Narrowly avoiding a national default on it's debts, the US Senate passed the raising of the debt ceiling in a 74-26 vote. The raising of the ceiling will be offset by $2.4 trillion in budget cuts. Where will these cuts come from?

President Barack Obama said Sunday night that he and Congressional leaders had reached a debt deal that cuts trillions in federal spending. The debt ceiling plan was set to face a vote on Monday in hopes of enacting it before a Tuesday deadline, thus averting default, The New York Times reported.