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Closing the budget gap

Record deficits have been a key issue in the Congressional midterm elections, but it is not clear whether Republican gains could lead to a serious effort at deficit reduction -- which most analysts say will require both cuts in spending and higher taxes.

Record deficits have been a key issue in the Congressional midterm elections, but it is not clear whether Republican gains could lead to a serious effort at deficit reduction -- which most analysts say will require both cuts in spending and higher taxes.

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Elections put new focus on government spending
Article | With Republicans poised to gain seats in Congress on Election Day, the issue of government spending is set to rocket to the top of the agenda in Washington - along with fresh promises to rein in the nation's record budget deficit.
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A renewed focus on spending
Article | With Republicans poised to gain seats in Congress on Election Day, the issue of government spending is set to rocket to the top of the agenda in Washington - along with fresh promises to rein in the nation's record budget deficit.

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