federal budget News

federal budget News From AOL News

Obama: Deficit Push 'Can't Exempt Anyone'

WASHINGTON -- President Barack Obama says the nation's effort to curb ballooning deficits "can't exempt anyone." Obama spoke Thursday as he met with the co-chairmen of his deficit reduction commission, a day after laying out his blueprint for erasing some $4 trillion in red ink over 12 years. The commission was led by...

Obama's Debt-Cutting Plan: Everything on the Table

WASHINGTON -- President Barack Obama, plunging into the rancorous struggle over America's mountainous debt, will draw sharp differences with Republicans Wednesday over how to conquer trillions of dollars in spending while somehow working out a compromise to raise some taxes and trim a cherished program like...

White House: Obama Regrets Vote Against Raising Debt Limit

WASHINGTON -- The White House says President Barack Obama regrets his vote as a senator in 2006 against raising the debt limit. A fight over raising the debt limit is looming, and the White House is trying to explain away the apparent contradiction between Obama's previous opposition, and his position now that it must be...

GOP Presidential Field Eyes Budget Wars From Afar

WASHINGTON -- Republicans are pressing ahead with one of the most ambitious and risky long-term spending agendas in memory, yet the dozen or so potential White House hopefuls are nearly invisible on the issue. They can't stay on the sidelines for long, however. The contentious debate will rope them in on terms they might...

GOP Budget Proposal Would Increase Health Cost for Future Retirees

WASHINGTON -- Most future retirees would pay considerably more for health care under the new budget proposed by House Republicans, according to an analysis by nonpartisan experts for Congress that signals problems ahead for the plan. The fiscal blueprint would put people now 54 and younger in a different kind of health...

federal budget News From AOL

AOL LATINO NOTICIAS

federal budget News From the Web

06/01/12 Federal budget termed balanced, people-friendly Source: Dawn Acting president of Sarhad Chamber of Commerce and Industry (SCCI) Ziaul Haq Sarhadi said on Friday that the federal budget for fiscal year 2012-13 was a balanced one.
06/01/12 Mixed reaction on federal budget Source: Daily Times - Pakistan Despite assuring industrialists in a meeting the Federal Finance Minister Hafeez Shaikh informed that the government would take important decision in meeting energy crisis, but in the budget speech, no decision was announced which could provide benefits to the industrialists of the country.
05/31/12 COLUMN: Morality and the federal budget Source: Aiken Standard - Aiken SC Second, the Ryan budget, endorsed by Republican presidential candidate Mitt Romney, claims to increase federal revenue by closing tax loopholes which enable high income people and big corporations to avoid paying their fair share of taxes.
05/17/12 How We Got To Be $15.7 Trillion in Debt Source: Hyscience As we've now gone beyond the point at which Barack Obama has borrowed more money in 3 years than Bush did in 8, Jeffrey Anderson points to this useful chart at NPR ( based on figures provided by the White House Office of Management and Budget ), and spells out exactly how America got to the point of now being $15.7 trillion in debt ... and still going ever-deeper in the hole ( it's risen $5.9 trillion over the past four years and $15.4 trillion over the past fifty years ): in 1962 -- the middle year of John F. Kennedy's presidency -- we spent 52 percent of our federal budget on national defense and 1 percent on federal health programs.
10/13/11 Zombies shamble into the federal budget Source: Infocult Maybe Zombie Economy is a good monicker for our time.