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The Motley Fool February 2, 2011 Morgan Housel	How the Surplus Became a Deficit Tearing apart CBO's numbers.
Reason Aug/Sep 2009 Brian Doherty	So Long, Surplus: Social Security unstimulated The "Social Security surplus" has vanished. That figure has long referred to the amount in Social Security taxes collected over and above the amount the system pays out that year.
Reason November 2004 Julian Sanchez	Data With taxes reduced but spending unchecked, deficits make a comeback and keep growing in 2010, even before the entitlement explosion we'll see as the baby boomers retire.
Managed Care July 2002	CBO Weighs Effect of Growing Deficit on Fed Programs Health care programs such as Medicare and Medicaid figure to suffer, thanks to a growing federal budget deficit, according to a report by the Congressional Budget Office.
The Motley Fool December 8, 2009 Morgan Housel	Should You Worry About the Budget Deficit? Maybe things really are different this time. Unless we rethink the word "entitlement," yes, you should worry about the budget deficit.
BusinessWeek November 22, 2004 Robert Kuttner	The Budget Mess Bush Can No Longer Ignore The U.S. economy can't grow its way out of such big deficits.
The Motley Fool February 9, 2010 Morgan Housel	Sick of the Budget Deficit? Read This What really sent us over the edge. For one, there was a good round of tax cuts enacted under President Bush. And two wars. You know the story. Moreover, the economy didn't grow as fast as expected.
Finance & Development September 2010 Laurence J. Kotlikoff	A Hidden Fiscal Crisis A noted U.S. economist says debt figures seriously understate long-term budget problems in the United States
The Motley Fool December 11, 2008 Morgan Housel	Budget Deficit Goes Into Overdrive There's something terribly ironic about a group of Congressmen and -women chastising auto company executives for driving their companies into the ground, when the state of Uncle Sam's balance sheet looks like it does today.
National Defense March 2011 Lawrence P. Farrell Jr.	Follow the Bouncing Ball of Defense, Federal Budgets: Disoriented Yet? Across the entire spectrum of military programs, affordability has become a predominant theme. As one senior official said, "It is no longer readiness at any cost, it is readiness at best value."
BusinessWeek August 11, 2003 Laura D'Andrea Tyson	The Bush Tax Cuts Are Sapping America's Strength The cost is nearly three times as much as the tab from September 11, Afghanistan, Iraq, and homeland security combined.
CFO March 1, 2008 Edward Teach	Thriller The federal government's annual report is not for the faint of heart.
BusinessWeek July 30, 2007 James Mehring	Less Red Ink Now. Lower Rates Later? The odds look good for the federal budget deficit to post the smallest shortfall in five years, while conditions look promising for even less red ink next fiscal year.
The Motley Fool April 7, 2010 Thomas F. Cooley	(Don't) Read My Lips: Higher Taxes Are Inevitable Given current fiscal realities, higher taxes are inevitable.
Reason May 2009 Veronique de Rugy	When Do Deficits Matter? While Democrats and Republicans switch sides regarding deficit spending, economists try to pin down a tipping point.
Reason January 2004 Julian Sanchez	Rose-Colored Calculators Advocates of Medicare and Social Security reform have long complained that fuzzy accounting makes the programs appear to be more fiscally sound than they are. CBO projects that by 2075, the two programs together will consume 16 percent of GDP, more than double the current level.
BusinessWeek February 16, 2004 Howard Gleckman	The Budget: Hey Guys, Get Real President Bush says he wants to cut the deficit in half by 2009. Here's why that's not likely to happen.
Reason June 2009 Veronique de Rugy	The Age of Debt Barack Obama's first budget promises "fiscal responsibility" but delivers the opposite.
Investment Advisor May 2010 Ron Pechtimaldjian	What It Will Cost The preliminary estimates of the healthcare reform bill's costs released by the CBO helped bolster support for the bill three days before the House voted.
BusinessWeek February 14, 2005 Howard Gleckman	The Fog Of The Budget How Bush will mask the biggest national debt in history.
BusinessWeek October 27, 2003 Howard Gleckman	A Bit More For The Coffers After three years in free-fall, federal, state, and local government revenues are starting to show signs of a pickup.
National Defense April 2008 Lawrence P. Farrell Jr.	Impending Collision Between Military Needs and Resources The latest release of the federal budget request to Congress and the submission of the military services' unfunded requirements lists are clear indicators of the serious fiscal problems the nation must confront.
BusinessWeek September 20, 2004 Cooper & Madigan	U.S.: The National Piggy Bank is Going Hungry A low savings rate threatens boomers' retirement -- and long-term growth. And part of the blame goes to the federal government's siphoning off a big chunk of domestic savings to fund enormous budget deficits.
BusinessWeek February 14, 2005	Wanted: An Honest Budget Bad news outweighs good as President Bush prepares to announce the next federal budget.
National Defense November 2007 Lawrence P. Farrell	Plenty of Resources, But Even Greater Demand The politics of military spending have reached fever pitch as Congress attempts to pass the Defense Department's fiscal year 2008 budget and weighs massive war spending requests.
BusinessWeek January 27, 2011 Tony Capaccio	A Peace Dividend from Troop Withdrawals Obama's budget for Iraq and Afghanistan is said to tumble 26 percent - the lowest amount since 2005.
Finance & Development September 2011	Fiscal Neighbors Canada and the United States confronted growing budget deficits and public debt but the results differed.
BusinessWeek August 1, 2005 James Mehring	Italy: Another Big Hole In The Budget Italy's government is fighting an uphill battle to control its budget deficits.
Inc. January 2006 Robert E. Litan	Almost a Tax Plan The budget deficit is deadly serious. Tax reform should be too.
BusinessWeek February 16, 2004 Michael J. Mandel	Cutting Through The Budget Smoke Long-term growth matters to the health of the U.S. federal budget, and so does reforming entitlements.
BusinessWeek December 2, 2010 Przybyla & Faler	Deficits and Debt as Far as the Eye Can See Neither the President's panel nor the most hawkish budget-cutters would balance the federal budget for decades to come.
Inc. July 1, 2003 Bobbie Gossage	Back to the Future The tax cut makes this Bush look very Reaganesque.
National Defense March 2013 Lawrence P. Farrell Jr.	DoD Needs a Real Budget, Not a Partial Fix As the budget standoff continues on Capitol Hill, it is almost certain that sequester soon will be upon the nation. Automatic, across-the-board budget cuts will affect discretionary spending government wide. But everyone wonders how it will all be sorted out.
HBS Working Knowledge September 18, 2006 Julia Hanna	When Words Get in the Way: The Failure of Fiscal Language The deficit and related fiscal measures are basically labeling conventions with no intrinsic meaning. So why aren't economists getting the message?
BusinessWeek April 14, 2011 Tom Keene	Tom Keene Talks to Goldman's Jan Hatzius Goldman Sachs's chief U.S. economist offers his views on inflation and the budget deficit
The Motley Fool January 27, 2010 Alex Dumortier	Obama's Budgetary Window Dressing In response to a federal budget deficit spiraling to heights not reached since WW II, the administration is starting to turn its attention toward America's fiscal position.
The Motley Fool April 7, 2011 Morgan Housel	A Plan to Fix the Budget, or Blind Faith in Fairytales? Dig into the details of Rep. Paul Ryan's proposal, and you realize that it's an exercise in rosy-eyed forecasting, and what can only be described as a blind faith in fairytales.
The Motley Fool February 15, 2007 Mike Norman	Balance the Budget and Unbalance the Economy From time to time the idea of a balanced budget amendment has been floated, but so far it has never come to pass. Thankfully. We need to fear a balanced budget more than deficits.
The Motley Fool April 16, 2010 Morgan Housel	Why the U.S. Can't Inflate Its Way Out of Debt This country is in piles of debt. Projections for how much more we could load on in the coming decades are downright nightmarish. You think it's bad now? Just wait.
The Motley Fool May 18, 2011 Morgan Housel	Where All That Debt Came From The Pew Trust has an interesting paper discussing a point often overlooked: where all our national debt came from.
National Defense May 2011 Lawrence P. Farrell Jr.	What the Latest U.S. Budget Crisis Means for the Future of Defense Even if defense survives significant 2012 budget cuts, the probability is that 2013 or 2014 will be very tough years for military budgets.
The Motley Fool November 12, 2009 Dan Caplinger	Will the Baby Boom Spell Doom for Stocks? Retiring boomers will need cash. Will they dump their assets en masse?
BusinessWeek September 27, 2004 Laura D'Andrea Tyson	There's Nothing Macho About Soaring Deficits Those concerned about trends in the economy during the Bush Presidency aren't wimps or pessimists but thinking men and, yes, women.
IndustryWeek April 1, 2005 Michael K. Evans	Evans on the Economy -- Jobs and the 'Twin Deficits' Over the next few decades, only high-tech manufacturing jobs will survive. So why are virtually all economists in favor of more free trade?
BusinessWeek June 28, 2004 Glenn Hubbard	The Social Security And Medicare Morass Entitlement reform in the U.S. -- and encouraging more private saving -- are essential.
BusinessWeek January 19, 2004	Bush's Borrowing Is Sapping Our Strength The GOP-led Congressional Budget Office says tax cuts will likely slow growth
U.S. Banker December 2010 Aneta Markowska	Is There Room for More Fiscal Expansion? As a percentage of total spending, the amount of interest that the federal government pays on its debt is at the lowest level since the mid-1970s. This suggests it is affordable to spur the economy a little bit more.
BusinessWeek October 29, 2009 Laura D'Andrea Tyson	Jobs Now, Deficit Reduction Later The U.S. economy still needs fiscal stimulus. Attack the debt once demand returns.
InternetNews October 28, 2010	Microsoft Roars Past Analysts' Estimates Microsoft turned in a banner quarter for the first period of fiscal 2011, driven by sustained growth in Windows 7, Office 2010 and the Xbox 360 gaming system.
BusinessWeek December 13, 2004 Robert J. Barro	Mysteries Of The Gaping Current-Account Gap The budget deficit isn't to blame, but spending discipline won't hurt.