$2.4 Trillion to Keep the Wars Going

Staff / Truthdig Oct 26, 2007 The Congressional Budget Office has estimated that the wars in Iraq and Afghanistan could cost $2.4 trillion over the next 10 years, a figure that includes interest for putting war costs on the proverbial credit card. To date, the two conflicts have cost more (adjusted for inflation) than the Korean and Vietnam wars combined. Dig deeper ( 1 Min. Read )

Bush Wants Even More Money for the Wars

Staff / Truthdig Oct 23, 2007 The White House's latest request ($46 billion) for the wars in Iraq and Afghanistan was greeted with fighting words by Senate Majority Leader Harry Reid: "President Bush should not expect Congress to rubber-stamp his latest supplemental request. We're not going to do that." For those keeping track at home, Bush has now asked for $196.4 billion so far for the budget year that began in October. Dig deeper ( 1 Min. Read )

Bush the Saboteur

Marie Cocco / Truthdig Sep 27, 2007 The president's strategy is to fake out the public so that it believes Democrats in Congress can't perform basic governmental tasks. Is this any way to run a country? Dig deeper ( 3 Min. Read )

Got Debt? Head to Iraq

Staff / Truthdig Sep 4, 2007 Being heavily in debt is prompting some U.S. military members to volunteer to serve in Iraq or Afghanistan. Take Air Force Capt. Nick Sloan, who admits that the need to get out of debt was a significant factor in his choice to go to Iraq. Dig deeper ( 1 Min. Read )

Americans Prefer Swiping to Saving

Staff / Truthdig Feb 2, 2007 The annual savings rate dropped to the lowest level in 74 years, the Commerce Department has reported. On average, Americans saved a "negative 1 percent" in 2006, meaning people not only didn't save but dipped into their savings and borrowed in order to spend more than their income. Dig deeper ( 1 Min. Read )

Christian Coalition Shrinks as Debt Grows

Staff / Truthdig Apr 10, 2006 More than $2 million in debt, the conservative Christian organization founded by Pat Robertson is struggling to hold on to its chapters. Amen Dig deeper ( 1 Min. Read )

Jon Stewart Rips Bush’s Bolten Selection

Staff / Truthdig Mar 31, 2006 His take on Bush's appointment of Josh Bolten as chief of staff: "He just gave a promotion to the guy in charge of our $9-trillion debt. You know what? I really think if you walked into a cabinet meeting and started hurling your feces at the wall, Bush would name a state after you." Dig deeper ( 1 Min. Read )

Debt Clock Running Out of Space

Staff / Truthdig Mar 28, 2006 When the U.S. national debt crests the $10-trillion mark within the next two years, the famous Manhattan signboard will no longer be able to display the entire amount. But don't worry: Congress, which recently raised our debt limit, won't suffer from any such limitations. Dig deeper ( 1 Min. Read )

Going Deeper and Deeper Into Hock

Staff / Truthdig Mar 17, 2006 Congress just raised our debt ceiling--the amount we're allow to borrow--by $781 billion. It was either that or default on our treasury notes. This is the fourth debt-ceiling increase since Bush took office--some $3 trillion in total. Dick Cheney may have said that deficits don't matter, but try telling that to the next generation of Americans, who are going to have one helluva credit card bill to pay off. Dig deeper ( 1 Min. Read )

Argentina defeats the IMF and moves South America left

Staff / Truthdig Jan 3, 2006 Just four years after defaulting on more than $100 billion in debt, Argentina is expected to completely re-pay its debt to the International Monetary Fund and strengthen its alliance with Venezuela's populist leader, Hugo Chavez. Read the story. Dig deeper ( 1 Min. Read )