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Government budgets News

Government budgets News From AOL News

Senators Concede Feeling Pressure on Deficit Issue

Apr 24th 2011 – 10:05AM
Charles Dharapak, AP

Charles Dharapak, AP

WASHINGTON - The Democratic chairman of the Senate Budget Committee says if members of a Senate deficit group fail to come to grips soon with the deficit problem, "we won't be relevant to this discussion." But North Dakota's Kent Conrad declined in an appearance on NBC's "Meet the Press" to say specifically where the...

Obama: 'Change Turned Out to Be a Lot Tougher Than Expected'

Apr 21st 2011 – 3:48PM
Mandel Ngan, AFP / Getty Images

Mandel Ngan, AFP / Getty Images

SAN FRANCISCO -- President Barack Obama told supporters on Thursday he is pressing ahead with his agenda in a difficult political environment in Washington and that "change turned out to be a lot tougher than expected." Obama addressed about 200 people who paid up to $35,800 apiece for the fundraiser at a San Francisco...

Obama Calls GOP Medicare, Spending Plan 'Radical'

Apr 20th 2011 – 7:25PM
Justin Sullivan/Getty Images)

Justin Sullivan/Getty Images)

PALO ALTO, Calif. -- President Barack Obama declared Wednesday that congressional Republicans are pushing a radical plan to trim Medicare and Medicaid, ramping up the rhetoric before a friendly Facebook crowd at the headquarters of the popular social networking site. Still, as Obama and Congress approach crucial decisions...

Obama's Pulpit Is Bully, but GOP Keeps Charging

Apr 19th 2011 – 5:02PM
Pablo Martinez Monsivais, AP

Pablo Martinez Monsivais, AP

WASHINGTON -- Running for re-election, President Barack Obama is employing powers not available to his Republican challengers. Just this week he's holding town halls in three states, arriving in grand style on Air Force One and granting coveted interviews to local TV news anchors. He doesn't have the field entirely to...

Geithner Confident Congress Will Raise Debt Limit

Apr 17th 2011 – 4:30PM
NBC NewsWire / Getty Images

NBC NewsWire / Getty Images

WASHINGTON - Treasury Secretary Timothy Geithner says Republican leaders have privately assured the Obama administration that Congress will raise the government's borrowing limit in time to prevent an unprecedented default on the nation's debt. But a top Republican quickly pushed back Sunday and said there was no...

Government budgets News From AOL

THE HUFFINGTON POST - BUSINESS

Harlan Green: The Recipe for Growth Is...

May 29th 2012 - 01:33PM

Individuals, families, and countries must have enough foodstuffs to grow, even if there is less to eat during times of austerity.

THE HUFFINGTON POST - BUSINESS

Robert Reich: How to Avoid the Austerity Trap But Still Deal With the Budget Deficit

May 29th 2012 - 09:06AM

We now know austerity economics is bad for weak economies facing large budget deficits.

THE HUFFINGTON POST

John R. Talbott: A Bold Plan to Get Americans Working Again

May 29th 2012 - 08:41AM

What started off as a very severe recession now has all the feeling of a very long, zero- to low- growth period of stagnation that could go on for decades.

DAILYFINANCE

Congressional Budget Office Warns of Recession in 2013

May 24th 2012 - 03:00PM

The nonpartisan Congressional Budget Office is warning that if $607 billion in tax increases and spending cuts all hit as scheduled -- roughly the beginning of next year -- the U.S. will likely go into recession in 2013.

THE HUFFINGTON POST - BUSINESS

Michigan Film Industry Incentives Doubled After Last Year's Steep Cuts

May 24th 2012 - 12:00PM

As Michigan Gov. Rick Snyder and leading Republican legislators hammer out a budget for the coming fiscal year, they've made the surprising decision to reinvest in the state's film industry, partially backtracking on last year's cuts to incentives.

Government budgets News From the Web

  • 05/30/12 Erie forum discusses proposed welfare cuts Source: Erie Times-News - Erie PA A presentation and panel discussion focused on Gov. Tom Corbett's proposed multimillion-dollar cuts to state welfare programs was held Tuesday at Blasco Library's Hirt Auditorium.
  • 05/30/12 Merced city turns attention to upcoming budget Source: The Merced Sun-Star - Merced CA Preliminary estimates are for six layoffs citywide, but five of those positions are vacant, according to City Manager John Bramble.
  • 05/30/12 Chillicothe council OKs pool spending proposal Source: Chillicothe Gazette - Chillicothe OH City Council gave the green light Tuesday to opening the Donald M. Smith Memorial Pool this summer, but Mayor Jack Everson promised council members the city would not spend any of its own money to keep it open.
  • 05/30/12 Social Security disability trust fund projected to run... Source: The Washington Post - Washington DC "It's really striking how rapidly this is growing, how big it's become and how D.C. is just afraid of it," said Mark Duggan, a University of Pennsylvania economist and adviser to the Social Security Administration.
  • 05/30/12 NC budget changes get debated by House Source: NBC - WAVY TV 10 - Portsmouth VA Adjustments to the state budget for the coming year are taking shape in the North Carolina House.

Background on Government budgets

A government budget is a legal document that is often passed by the legislature, and approved by the chief executive-or president.

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