How Fast Should You Cut Your Debt?
Determining how fast you can and should pay off your debts starts with a few simple steps -- and first among them is understanding how you got into debt to start with.
budget
Republicans Blast Obama's Plan to Sell New Deal Icon
Republicans are blasting Obama's plan to consider selling the Tennessee Valley Authority, an icon of the New Deal long targeted by conservatives/
President Obama's Weirdest New Taxes
To achieve $1.8 trillion in new revenue, President Obama has plenty of big taxes in his budget proposal. Here are some quirky maneuvers he suggests.
Obama Unveils $3.8 Trillion Spending Plan
Obama sends Congress a $3.8 trillion spending blueprint that seeks to tame runaway deficits by raising taxes further on the wealthy and trimming Social Security.
Obama to Propose Cuts to Social Security, Official Says
Obama will offer cuts to Social Security and other programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a source says.
House Budget Plan Includes Sharp Cuts to Programs for Poor
A familiar budget plan to sharply cut safety-net programs for the poor and clamp down on domestic agencies is cruising to passage in the tea party-flavored House.
Treasury's Lew Sees Likelihood of Budget Deal
Treasury Secretary Jacob Lew says that he is optimistic that President Obama will be able to reach an agreement with Republicans in Congress to break a budget impasse.
Saving America's School Buildings: It Will Cost Half a Trillion Bucks
It would cost $270 billion just to get school buildings back to their original shape. Getting them up to date would cost twice as much.
How This Family of 4 Lives Well on Just $14,000 a Year
Danielle Wagasky, her husband, and two kids live well and happily on just $14,000 a year: She's been sharing her efforts to live meaningfully and frugally on her blog, "Blissful and Domestic," since 2009, and was happy to tell us how she and her family make it work.
13 Financial New Year's Resolutions to Keep in 2013
When it comes to keeping New Year's resolutions, plenty of us don't have such great track records. But most people who made financial resolutions in 2012 kept them, which makes them a smart addition to your annual ritual. To set the stage for your success in 2013, here are 13 resolutions to consider.
Oil Prices Fall as US 'Fiscal Cliff' Approaches
Oil prices fell as much as $2 a barrel Friday as doubts grew about whether political leaders in Washington could reach a deal on the fiscal cliff before the new year.
Obama, Boehner One Step Closer on Fiscal Cliff Compromise
Just two weeks before the economy-threatening "fiscal cliff" is due to kick in, both President Barack Obama and House Speaker John Boehner are making significant concessions to each other, backing off what had once been ironclad positions on how to avoid the huge automatic spending cuts and tax increases.
Lottery Winners Share Lessons, Risks of a Giant Powerball Prize
For the winners of the $500 million Powerball jackpot, past winners of mega-lottery drawings have some sound financial advice: Stick to a budget, invest wisely, learn to say no and be prepared to lose friends while riding an emotional roller-coaster of joy, anxiety, guilt and distrust.
13 Ways Americans Throw Away Money
Blame the government or blame the economy, but Americans should also blame themselves for their declining net worth. We waste over half a trillion dollars each year -- and that's just for areas with available data. And what do we waste that money on? Read on ...