Detroit May Sue Banks to Get Better Debt Deal
Over controversial credit swap meant to deal with pension problems
Debt
Detroit's Bankruptcy Ruling Doesn't Spare the Pensions
But it's up to politicians and voters to fight for reforms
How Special-Interest Legislation Created a Government Behemoth
From farm subsidies to NEA grants, the federal budget is littered with needless programs.
Americans Aren't Bound To Pay the Government's Debts
If the "consent of the governed" is a sacred American principle, how does the government borrow money in our names and compel us to repay the debt?
Senate Unanimously Calls for Cloture to Proceed on Temporary Spending Bill
Following Sen. Cruz's marathon speech
Judge Encourages Detroit Creditors to Look for Deals
Says years of litigation would be "horrendous"
CBO Predicts Unsustainable Debt
Government making the wrong kinds of spending cuts (as in, not cutting entitlements)
A Tale of Two Detroits: What Union Leaders See Vs. What History Shows
The loss of jobs and development is the symptom, not the disease
US Court Orders Argentina to Pay $1.4 Billion Over Debt Default
From financial crisis back in 2001
Detroit Shows How Cities Can Shakedown Obamacare
Cities don't have to be in trouble to dump retirees on federal taxpayers
China Orders Audit of All Government Debt
There are fears local governments may not be able to repay
Sen. McCain Tells Democrats He Wants a Prominent Role in Debt Talks
Move alarming conservatives
Yes, We Do Have a Debt Problem
The president and his supporters try to downplay the continuing crisis.
Looking to Buy a Giraffe? Detroit Can Hook You Up.
The bankrupt city starts putting price tags on everything, considering sales or privatization
Japanese Government Panel Warns of Public Debt
Says there is "no guarantee" that domestic investors will continue to fund the public debt of the world's third biggest economy
Some Democrats in Denial Over Debt Crisis
Refuse to concede that spending vastly more than you have is a problem at all
Reinhart and Rogoff Say Attacks on Their Study on Debt Are Sad
Say they never specifically advocated for austerity
In Ohio, Debtors Still Face Prison
If they owe money to the courts, even though jailing them is illegal
David Stockman Says Fed Policies, Government Debt, Threaten the Future
Former OMB director says decline may be irreversible
