government budgets News
government budgets 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...
Geithner Confident Congress Will Raise Debt Limit
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
State Education Budget Passes House, Gives Smallest Funding Increase To Wayne State
State House lawmakers completed work on the state's 2012-13 budget Friday, adopting a $1.4-billion spending plan for public universities, $12.9 billion for K-12 education and $294 million for community colleges.
'Pasty' Tax Battle Burns British Politicians -- and Possibly Your 401(k)
If there was any hope left that Europe might get serious about fixing its debt problems -- making the tough spending cuts and tougher tax hikes necessary to repair its fraying national balance sheets -- then this latest news out of Britain this week should put an end to that.
Budget Leaks Forced Successive U-Turns, Says Treasury Committee Chair Andrew Tyrie
A series of government U-turns on proposals set out in this year's Budget has made it harder for future chancellors to stick to their plans, the chair of the Commons Treasury committee has said.
December Surprise? From Rubin to Pelosi, Wall Street & DC Dems Push Post-Election Austerity
On a recent Meet the Press face-off between Democrats and Republicans, a politician claimed we urgently need to cut government spending.
How to Retire With the Same Income You Have Now
On May 1, the Social Security Administration replaced its physically mailed annual benefits statement with an online system at www.ssa.gov that provides you with the same information.
government budgets News From the Web
- 06/02/12 US Employers Waiting and Watching Before Hiring Source: ABC News Yet American companies are too nervous to step up hiring.
- 06/02/12 Call for leaders Source: Plainsman - Huron SD Democratic candidate for U.S. House of Representatives Jeff Barth was in Huron at the Coffee Tree Thursday.
- 06/02/12 Defense contractors raising voices against... Source: The Washington Post - Washington DC The cuts, part of a process known as sequestration, were put in place last year during debate over the debt ceiling.
- 06/02/12 Bing signs Detroit budget with cuts Source: United Press International (UPI) Detroit Mayor David Bing has signed a new $1.12 billion city budget that includes $171 million in spending cuts.
- 06/02/12 Your Turn: Don't be fooled, Social Security is alive... Source: Contra Costa Times - Walnut Creek CA The Bay Area News Group did its readers a disservice by running the sensational and misleading op-ed by Michael L. Marlow, headlined "Social Security Fund Is Fiction."
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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