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Figures on government spending and debt

Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. Full story

Montenegro raises value-added tax to stem debt, secure revenues

PODGORICA (Reuters) - Montenegro's government raised value-added tax (VAT) by 2 percentage points to 19 percent on Tuesday, in a move that coincided with IMF warnings that it should stop accumulating public debt. Full story

BOJ April 3-4 minutes: members wary of risks of bold easing

TOKYO (Reuters) - Some members of the Bank of Japan's policy board expressed concerns that increased purchases of government debt could actually impair financial markets and discourage bank lending, minutes of their April 3-4 meeting showed. Full story

BOJ official: mulling increasing frequency of JGB purchases

TOKYO (Reuters) - A senior Bank of Japan official said on Wednesday the central bank will consider increasing the frequency of its long-term government debt purchases in response to bond dealers' concerns about distorting markets. Full story

EU says G20 will set hard debt targets in September

MOSCOW (Reuters) - The Group of 20 nations will pledge to reduce public debt but are likely to agree on concrete targets only at a leaders' summit in September, EU Economic and Monetary Affairs Commissioner Olli Rehn said. Full story

Campaign to fix the debt heads to Washington

   A non-partisan group determined to fix the sky-rocketing national debt went to Capitol Hill Wednesday, meeting with both Republican and Democratic leaders. David Cote, chairman and CEO of Honeywell, was among the leaders and he recapped the meeting to NBC’s Andrea Mitchell.

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Rob Foregger on Fixing the Debt (Opinion)

Video

  Wall Street Warns: Fix the Debt

National debt topped $16 trillion last month. Maya MacGuineas, New America Foundation, offers insight.

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Related Photos

The current U.S. national debt is shown on TV screen during the House Financial Services Committee hearing
The current U.S. national debt is shown on TV screen during the House Financial Services Committee hearing

The current U.S. national debt is shown on TV screen during the House Financial Services Committee hearing on "Examining How the Dodd-Frank Act Could Result in More Taxpayer-Funded Bailouts" on Capitol Hill in Washington June 26, 2013. REUTERS/Yuri Gripas (UNITED STATES - Tags: POLITICS BUSINESS)

A clock with the current U.S. national debt is displayed inside the House Committee on Financial Services as Ben Bernanke testifies on Capitol Hill in Washington
A clock with the current U.S. national debt is displayed inside the House Committee on Financial Services as Ben Bernanke testifies on Capitol Hill in Washington

A clock with the current U.S. national debt is displayed inside the House Committee on Financial Services as U.S. Chairman of the Federal Reserve Ben Bernanke testifies on Capitol Hill in Washington, February 27, 2013. REUTERS/Larry Downing (UNITED STATES - Tags: POLITICS BUSINESS)