With all the talk in the news media about the "fiscal cliff," it seems that one important thing has been left out: A simple definition of what is the fiscal cliff. So here it is.

Governors and city mayors across the country want to have a say in negotiations over the fiscal cliff, the New York Times reported on Sunday. And no wonder. State budgets rely heavily on funding from the federal government, so across-the-board federal budget cuts – which are currently scheduled for the start of 2013 – would have a big impact on the states. Consider just a couple ways that federal money flows into your state.

You’ve heard the term “fiscal cliff” and you’ve heard about how lawmakers in Washington can’t agree on spending or taxes. But here’s what you may not have heard: The federal budget negotiations happening right now may result in deep cuts to programs that benefit the next generation of Americans.

In the wake of the elections, Democrats and Republicans are pledging to work together to solve the fiscal cliff and other daunting challenges that confront the current lame duck session of Congress.But how likely is that, really? For example, both sides claim that the election was a mandate for their ...

National Priorities Project and Young Invincibles announce the release of A Fight for the Future: Education, Job Training, and the Fiscal Showdown, a major report that looks at federal budget priorities through the lens of this nation's future: young people.

Now that the elections are over, in Washington it’s all about the fiscal cliff. If you haven’t heard that phrase yet, you will soon. And often.The term “fiscal cliff” refers to the combination of two major events that will occur at the end of the year should Congress fail to ...

Millennials have just as much of a stake in the answers to long-term budget questions as we do in the short-term decisions concerning the economic recovery. First, Millennials prefer a balanced approach with regards to deficit reduction.

The two presidential candidates have put forth very different proposals on nearly every issue, and now it's up to voters to choose the path our country will take for years to come. From Medicare to education to budget deficits, here's where the candidates stand on 12 key issues:   Candidate ...

Last week we got a call from Ayesha in Houston, Texas. She said she heard Obamacare will be funded through taxes, so she wanted to know how much more she'd have to pay. Here's the scoop. Only some people will pay higher taxes as a result of Obamacare. Will you be one of them?

During Monday’s presidential debate both candidates discussed their plans for future Pentagon spending. Gov. Romney claimed that President Obama would cut $1 trillion from the Pentagon’s budget, while President Obama questioned how Gov. Romney would fund $2 trillion in new Pentagon spending.So what’s going on here? Let’s look at some ...