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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 economics News From AOL

THE HUFFINGTON POST

Steven Strauss: The Economic and Political Collapse of 2020: An Avoidable Future

Will God forgive America, if the GOP deceives us again?

THE HUFFINGTON POST

The Dirty Little Secret About Baby Boomer Debt

Recently, I wrote a Next Avenue blog post urging parents of this year's college grads to stress the importance of avoiding the bad habits that lead to massive debt.

DAILYFINANCE

'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.

THE HUFFINGTON POST - BUSINESS

Marcelo Giugale: A Latin Solution to an African Problem

Fifteen years ago, Mexico did something that, until then, only rich countries had dared to do -- it began to transfer cash directly to its poor.

DAILYFINANCE (MOBILE)

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.

public economics News From the Web

06/04/12 Economists baffled over S&P warning Source: Northern Rivers Echo ECONOMISTS have expressed surprise at suggestions Australia's AAA-credit rating is under threat, pointing out the level of borrowings are significantly below other top rated countries.
06/04/12 School board seeks input on budget Source: Aiken Standard - Aiken SC Changes in state law that began last year allow school districts to go as high as a 9.3-mill increase in the new budget year, but Aiken County board members chose not to do so.
06/04/12 Final hearing to discuss Scottsdale's budget is set Source: azcentral.com Tuesday marks the final hearing where citizens can weigh in on a $1.28 billion Scottsdale budget for the next fiscal year.
06/04/12 Foreign IT companies pay highest Source: The Korea Herald Among a total 7.54 million tax payers in South Korea, 8.3 percent earned over 80 million won (about $73,000) per year and most of them work at local conglomerates or foreign companies, according to Payopen (www.payopen.co.kr), an annual salary website.
06/04/12 My âFiscal Cliff' Prediction Source: KNUS 710 - Denver CO Policymakers have been kicking the fiscal policy can down the road for years.