Bam debts down to nitty-gritty
WASHINGTON -- President Obama warned yesterday of dire consequences if the nation doesn't move quickly to bring its crushing debt under control -- and he called for a $ 1 trillion tax hike on wealthier Americans to help shave $ 4 trillion off the accumulated tab. "Our debt has grown so...
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Obama Speech Highlights Deficit, Budget Cuts
The Obama speech yesterday talked about a new fiscal policy that aims to reduce the national debt. "This debate over budgets and deficits is more than about numbers on the page. It's about more than cutting and spending," Obama said in the speech. "It's about the kind of future we want. It's about the kind of country we believe in." President Ba
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