Federal debt hits $23 trillion

https://thehill.com/policy/finance/468600-us-debt-surpasses-23-trillion-for-first-time U.S. National Debt rising at speedy rate since Trump took office - 10 months ago it hit 22 trillion. Interest costs alone annually are $376 billion.

Deficits

http://www.rollcall.com/news/politics/budget-watchdog-sees-2-trillion-deficits-within-10-years

Federal deficit

http://www.rollcall.com/news/politics/budget-watchdog-sees-2-trillion-deficits-within-10-years

Federal government deficit

http://www.reuters.com/article/us-usa-economy-inflation-idUSKBN1AR19S

AICPA provides Federal Government resources.

http://www.aicpa.org/Advocacy/Pages/CPAsInsight.aspx There are a host of resources and videos at this link of fiscal sustainabilty of the U.S. government. The videos are titled What's at Stake?

What is the real amount owed by the Federal government?

http://www.forbes.com/sites/johngoodman/2014/08/07/how-much-do-we-really-owe/ This blog post discusses the extent of the Federal deficit and clarifies the amount of debt.

Federal government shutdown costs billions

here's wishes for a speedy resolution to this issue.
http://www.fiercegovernment.com/story/shutdown-costs-economy-billions/2013-10-10?utm_medium=nl&utm_source=internal

A ticking clock for Detroit

as the State has declared a financial emergency situation.  This gives ten days to look for solutions,  prior to a state takeover of Michigan's biggest city.    A state takeover is preferable to the bankruptcy option, which if it occurred would make Detroit the largest municipal bankruptcy.   Michigan law enables this state takeover option.  http://www.businessweek.com/news/2013-03-04/michigan-governor-s-move-sets-detroit-takeover-in-motion

Federal government and the deficit

Immediate action is needed said 75% of those responded.   Also 54% of members of the AICPA surveyed in December 2012 said top economic priority should be to get the deficit under control.    This article discusses those survey results and also provides links to helpful materials in attempting to understand the problem.  http://www.journalofaccountancy.com/News/20137139-deficit.htm

U.S. deficit falling- How could that be?

This article discusses the decreasing trend of the deficit as a % of GDP.  According to this article from fiscal 2009 to fiscal 2012, the deficit shrank 3.1 percentage points.  http://news.investors.com/blogs-capital-hill/112012-634082-federal-deficit-falling-fastest-since-world-war-ii.htm

The wastebook

Republican Senator Tom Coburn of Oklahoma published a wastebook of his noted instances of spending he identifies as wasteful   http://www.fiercegovernment.com/story/congress-tops-coburns-2012-picks-wasteful-federal-programs/2012-10-17?utm_medium=nl&utm_source=internal

U.S. Faces Fitch AAA Downgrade By End of 2013 Unless Deficit Cuts Made

http://www.bloomberg.com/news/2011-12-21/u-s-faces-fitch-aaa-downgrade-by-end-of-2013-unless-deficit-cuts-are-made.html

CBO warns of deficits

Congressional budget warns of huge budget deficitis in this Time article that has links to other relevant materials about the federal situation.
http://www.time.com/time/politics/article/0,8599,1958671,00.html