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Who would have thought Argentina's external debt woes would be so inspirational that they would fill two wings of a museum? Simon Pristupin of the Universidad de Buenos Aires did. [...]

The economic problem of external current account deficit of the United States (US) is discussed. World stability and prosperity will be threatened by an attempt to reduce the United States deficit.

THE HEAD OF THE GOVERNMENT Accountability Office last week said changes are needed in the structure of Social Security, Medicare and other government programs aimed at an aging population if [...]

Britain's twin deficits on external deficit on trade and current account and on the Budget are both too large, and may threaten their ability to sustain strong growth over the medium-term. Deficits make them vulnerable to violent changes in market sentiment, triggering speculative attacks against the pound and the sterling strength can be transformed abruptly into a free fall, necessitating higher interest rates and other forms of strict measures.

John Maynard Keynes stated in A Treatise on Money, 'The engine which drives Enterprise is not Thrift, but Profit.' So how would Keynes approach the purchase of a $500,000 dollar [...]

The author criticizes the spending amounts in the current federal budget. Predictions show debt doubling to $8.4 trillion during the next decade.

President Reagan dared Congress the other day to raise taxes. 'Go ahead and make my day,' the President said in an unmistakable reference to a death threat by the principal [...]

Washington -- The Congressional Budget Office said yesterday that it has increased its federal budget deficit projections for fiscal years 1995 and 1996. The CBO now projects that the deficit [...]

WASHINGTON -- The federal budget deficits for this fiscal year and next are expected to be much lower than originally projected, the White House said yesterday. The deficit for fiscal [...]

WASHINGTON -- Federal borrowing from the public to finance the deficit will drop to $225.2 billion this fiscal year and to $173.7 billion in fiscal 1995, which starts Oct. 1, [...]

WASHINGTON -- The brighter economic outlook has prompted the White House to once again lower its deficit forecast for fiscal 1995 -- this time to below $180 billion from an [...]

WASHINGTON - The Congressional Budget Office yesterday projected that the U.S. budget deficit will fall to just below $200 billion and then level off between fiscal 1995 and 1998 largely [...]

WASHINGTON -- The Office of Management and Budget yesterday predicted a significant improvement in the federal budget deficit, with the yearly shortfall dropping to well below $200 billion starting in [...]

WASHINGTON -- President Clinton's $16.3 billion stimulus bill that includes an $8 billion cash infusion for infrastructure programs could be defeated by major procedural obstacles that opponents are expected to [...]

WASHINGTON - The first big test of President-elect Bill Clinton's economic policies and ability to deal with Congress is going to come in March when the government runs out of [...]

WASHINGTON -- The worst of the recession-induced deficit increases could well be over and the deficit is stabilizing at around $300 billion a year, the Office of Management and Budget [...]

WASHINGTON - Economists are continuing to trim their projections of the federal deficit for the current fiscal year as the delay in renewing funding for the Resolution Trust Corp.'s bailout [...]

WASHINGTON -- An amendment to the U.S. Constitution requiring a balanced budget is likely to pass the House next week despite intensive efforts by the Democratic leadership to kill the [...]