government spending News

government spending News From AOL News

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...

Geithner Shows Confidence on Reaching Deficit Deal

WASHINGTON -- Treasury Secretary Timothy Geithner on Tuesday reassured investors that the White House and Republican lawmakers will reach a deal to control the nation's finances, downplaying an unprecedented warning that the government risks losing its coveted debt rating if it fails to do so. In an interview on CNBC,...

House Republicans Vehemently Oppose Tax Increases

WASHINGTON -- Leading congressional Republicans renewed their vehement opposition to tax increases Wednesday, as President Barack Obama prepared to put forth his new prescription for slow growth and national indebtedness. "Most people understand that Washington doesn't have a revenue problem, it has a spending problem,"...

Spending Cuts Not Expected to Dent $1.5 Trillion Deficit

WASHINGTON -- The $38 billion in spending cuts agreed to last week won't prevent this year's budget deficit from setting another record high, estimated at $1.5 trillion. Most of the agreed-to spending cuts either affect future budgets or amount to accounting gimmicks that won't reduce actual spending. The Treasury...

Head of House GOP Committee Opposes Budget Deal

WASHINGTON -- The head of an influential House Republican panel says he'll oppose the budget deal negotiated by the White House and Congress to avert a government shutdown. Rep. Jim Jordan of Ohio said in a statement Tuesday that while some of his GOP colleagues will support the compromise announced late Friday night, he...

government spending News From AOL

THE HUFFINGTON POST - BUSINESS

WATCH: Krugman: 'We Are Not A Household. We Are An Economy'

For most Americans, a trip to London means drinking a few pints and maybe taking a picture of one of those guards with the hats.

RENTEDSPACES.COM

U.S. Construction Spending Up 0.3 Percent in April

U.S. builders increased their spending on construction projects for a second month in April.

THE HUFFINGTON POST

When it Comes to Finances, Canada is No Role Model

I'm too old, and honestly, I don't have enough hair left to adopt his look.

AOL LATINO NOTICIAS

Doubts about Bankia bailout rattle Spain

Doubts about the viability of the Spanish government's bailout of BFA-Bankia - the country's fourth-largest financial institution - put the Iberian nation in the spotlight on Wednesday, as financial market jitters sent the country's debt-risk premium to a euro-era record of 539 basis points.

THE HUFFINGTON POST

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.

government spending News From the Web

06/02/12 USA : Repairing Roads Can End All Kinds of Gridlock Source: Labor Tribune - St. Louis MO Yet recent public statements by both President Obama and his probable Republican challenger, Mitt Romney , suggest a way forward.
06/02/12 Opposition terms federal budget disappointing Source: Daily Times - Pakistan Expressing his dissatisfaction with the newly announced budget, opposition leader in the Senate Ishaq Dar on Saturday called the financial plan for 2012-13 a sheer disappointment.
06/02/12 Danger signs for US economy Source: The Robesonian The American economy is in trouble again.
06/02/12 Oil windfall fuels faster growth in UAE Source: Gulf News The steady rise in oil prices in the first five months of this year and significantly higher average oil prices last year, than what was predicted, have prompted analysts to forecast that the UAE and some of its Gulf neighbours are headed towards another oil-led economic boom.
06/02/12 Bleak U.S. jobs report a danger to global economy Source: ABC - KOMO 4 - Seattle WA Another bad month for the U.S. job market is lengthening the list of perils facing the global economy.