The federal debt held by the public totals more than $13 trillion, or about $107,000 per household in the United States, according to a report released this month by the Cato Institute.
JERUSALEM—Greece’s foreign minister, Nikos Kotzias, who arrived in Israel Tuesday to strengthen bilateral relations, will reportedly receive tips on how a neighboring country on the Mediterranean coast managed to climb out of the financial depths to achieve international economic success.
POLITICO reports that former Lehman Brothers CEO Dick Fuld, speaking publicly for the first time since the 2008 financial crisis that caused his former firm to declare bankruptcy, offered a decidedly unapologetic take on his role in the risky trading practices that precipitated the crisis:
A recent survey by OnMessage Inc. for the American Action Forum found 52 percent of voters view Fannie Mae and Freddie Mac unfavorably.
Former Mayor of Indianapolis Stephen Goldsmith launched on Monday the first of several essays on government reform, in which he discusses topics ranging from government structure to public-private partnerships.
The Obama administration is pushing to lower the lending standards for home loans in order to spur the recovery and help lower-income homebuyers, a move some housing finance experts find alarming.
A quartet of conservative panelists looked at the challenges of being the minority party in a divided government during a Saturday afternoon panel at the National Review Institute Summit titled, “The Way Out of the Fiscal Mess.”
Two years after President Obama signed the 848-page Dodd-Frank Wall Street Reform and Consumer Protection Act, only a third of the nearly 400 required regulations have been finalized, and critics say the ensuing uncertainty is retarding economic growth.
GOP presidential candidate Mitt Romney’s campaign hit back at President Barack Obama with a new TV spot hitting the president’s cozy relationship with donors.
Concerns about the coming “fiscal cliff” and Eurozone problems have U.S. companies pessimistic about the economy and less likely to hire, a new survey reports.