Whether or not Congress unanimously decides on a plan to raise the debt ceiling, one thing is certain: federal spending needs to be cut substantially over the next decade. The amount of cuts will be based solely on which plan Congress decides to implement (if they ever reach an agreement). But government spending cuts might not produce..

Less than a week to go until our country self-destructs in a financial massacre. It seems like only yesterday I was writing about the August 2 deadline and how government officials better get their act together to come up with a plan before we default. I honestly thought they would have figured something out by..

A little less than two weeks to go and Congress has yet to agree on a plan that will save the United States from defaulting on their outstanding loans. The borrowing limit was surpassed nearly three months ago and yet no notable, let alone aggressive, progress has been made to shrink the country’s outstanding deficit..