The Nation: Somehow the Spending Doesnât Stop
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Why the housing bust and inflation havenât deterred American consumers â yet.
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With the new fiscal year just a week away, President Bush and the Democratic-controlled Congress are far from an agreement on the proper level of spending for myriad federal programs.
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Spending by contestants and  supporters in the U.S. elections this year will be nearly $4  billion, the highest ever, a study released on Thursday said.
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Prepare to dedicate more of your budget to healthcare: The nation is expected to be spending $1 of every $5 on it by the end of the decade.
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The money is disappearing, yet the struggle to stand out continues.
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Spending by contestants and supporters in the U.S. elections this year will be nearly &#36;4 billion, the highest ever, a study released on Thursday said.
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It's strange but true -- the more you spend, the more you'll save for school.
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With his poll numbers in the tank, the President seems to be gearing up for a veto fight with Congress over a long forgotten issue  -  controlling spending
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Think of the uses of $300 billion, the annual gap between what taxpayers owe and what they pay. It would more than cover the federal deficit for a year or the extra money President Bush wants in 2007 and 2008 for Iraq and Afghanistan.
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Back in control of the purse strings after more than a decade, congressional Democrats are pursuing billions in new domestic spending, setting up another clash with President Bush, who has threatened to veto any measures that exceed his budget.
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WASHINGTON -- The economy ambled into the fall steadily but unstartlingly, with fresh signs of a slowdown as consumers watched spending more warily.
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Spending rose at twice the rate it did in June, suggesting that the economy may not be slowing as drastically as some had forecast.
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Think of the uses of $300 billion, the annual gap between what taxpayers owe and what they pay.
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One major unmentioned entry in President Bush's new budget is luck. Luck that the economy keeps growing, that corporate profits remain robust, that inflation stays tame and that foreigners keep lending the U.S. money. Otherwise, the numbers don't add up.
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With his poll numbers in the tank, the President seems to be gearing up for a veto fight with Congress over a long forgotten issue -- controlling spending
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U.S. government spending on information technology is spiking this quarter, a study reports.
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The grass isn't always greener, but the money always is.