Public finance News

Public finance News From AOL News

Senators Concede Feeling Pressure on Deficit Issue

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'

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'

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

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...

Obama Assesses GOP Budget: 'Wrong for America'

WASHINGTON -- President Barack Obama is promoting his new deficit-reduction plan by drawing sharp contrasts with a House Republican budget that he says offers a vision that "is wrong for America." In his weekly radio and Internet address Saturday, Obama contended that Republicans want to dismantle venerable safety net...

Public finance News From AOL

THE HUFFINGTON POST

Public finance News From the Web

06/01/12 Rainy day fund legislation advances in La. House Source: Louisiana News-Star - Monroe LA A proposal to use $205 million from Louisiana's "rainy day" fund to offset a deficit in this year's budget is advancing to the full House for debate.
06/01/12 A Compromise That's Better Than Eurobonds? Source: InvestorPlace If any word in the English language seems to give Angela Merkel hives, it's this: eurobonds.
06/01/12 KZN overspends, but manages surplus Source: IOL Despite overspending by some R360 million, KwaZulu-Natal's provincial government still managed to end the 2011/12 financial year with a budget surplus.
06/01/12 N.J. must be realistic on pension fund returns Source: Stateline.org Gov. Chris Christie and Democratic leaders are understandably proud of the pension and health reforms passed last summer.
06/01/12 Unlike Obama, Scott Walker delivers Source: Stateline.org Starting Wednesday, most of the folks I know in Wisconsin will be looking forward to a well-earned respite from what seems like a permanent campaign.