Austerity

Unilateral default on the public debt and nationalization of the banks could actually save the Italian economy.

Portlandu2019s Mayor Charlie Hales has announced that there is a $25 u2013 $40 million hole in the cityu2019s budget.

Only 4 days after the March 1st Sequester deadline, people around our nation are already starting to feel the pinch of austerity; Republican lawmakers in Texas don't care if …

Obama is expected to sign a directive ordering to start putting spending cuts into effect.

A new investigation reveals how billionaire investors, such as Peter Peterson, have helped reshape the national debate on the economy, the debt and social spending.

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

We're told that we can't have the Post Office, decent health care, Social Security, Medicare, or Medicaid.

States are increasingly alarmed that they could become collateral damage in Washington's latest fiscal battle.

The tax could raise $1 trillion in new revenue per year.

The Republican Congress is holding the economy hostage.