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Federal Budget

SIFMA Hypocritically Protests CFTC User Fee Plan

Barbara Roper | Posted 04.23.2012 | Business
Barbara Roper

I'm left to wonder, what is the source of SIFMA's sudden cost-consciousness? Because I don't seem to recall ever having heard the association express similar alarm over the costs to investors of the $20 billion or so Wall Street manages to scrape together for bonuses each year.

Obama vs. Obama: One Budget, Two Competing Visions of the Future

Richard (RJ) Eskow | Posted 04.21.2012 | Politics
Richard (RJ) Eskow

The Western world is divided between two visions of our economic future. One is of austerity and the other is of growth. One is of hope and possibility, the other of despair and cynicism. The battle between these two visions has divided the United States and the entire Western world.

Middle Class Health Sacrificed in Payroll Deal

Robert Ross | Posted 04.17.2012 | Politics
Robert Ross

Alongside education and job growth, making disease prevention a priority in our health care system may be one of the most important investments we can...

Entitlements Hysteria

Jeffrey Sachs | Posted 04.18.2012 | Politics
Jeffrey Sachs

One of the unshakable myths of the punditariat is that the federal government is going bankrupt because of entitlements spending, especially spending on Medicare and Medicaid. This is a stampede of unreason, contradicted by the facts.

Obama Budget Plan Includes Big Boost Financial Regulators

Reuters | Posted 04.14.2012 | Business

* Obama seeks 18.5 percent FY13 budget boost for US SEC * Obama also asks for 50 percent budget boost for CFTC * DOJ would get $55 million m...

Bonnie Kavoussi

Bernanke: 'The Elephant In The Room Is Really Health Care Costs' | Bonnie Kavoussi | Posted 02.02.2012 | Business

Federal Reserve Chairman Ben Bernanke warned Thursday that rising health care costs must be curbed if the U.S. government is to reduce the federal deb...

The Same Old Story

Steve Bell | Posted 04.01.2012 | Politics
Steve Bell

The Congressional Budget Office's report today tells us nothing we don't already know. We have made promises we cannot keep. We have too little revenue from a tax code that is an embarrassment and retards economic growth.

The American Deficit: Where Do We Go From Here?

Marian Wright Edelman | Posted 03.14.2012 | Black Voices
Marian Wright Edelman

As another political season gets into full swing in the United States, a new crop of candidates are making a lot of promises about their competing visions of America. But how many TV debates are focusing on whether America is a compassionate nation?

A Sort of Happy New Year for the New Science Budget

Jonathan D. Moreno | Posted 03.11.2012 | Science
Jonathan D. Moreno

Considering how bad it could have been, science didn't fare all that poorly in the budget bill that President Obama signed on December 23.

The High Price of Nukes: Weapons We Don't Need at a Cost We Can't Afford

William Hartung | Posted 02.01.2012 | Politics
William Hartung

It is outrageous that our government will not tell us exactly how much we're spending on nuclear weapons -- and may not even be keeping track.

The Perils of the Wrong Budget Cuts

Max Stier | Posted 01.29.2012 | Politics
Max Stier

As our nation confronts historic deficits, federal leaders are being asked to dramatically slash budgets and shrink government. There are no easy or p...

50/50 Split on Defense/Non-Defense Cuts the Result of GOP's No-Tax Position

Bob Greenstein | Posted 01.23.2012 | Politics
Bob Greenstein

If Congress backs away from the automatic cuts in defense that the Budget Control Act calls for, the GOP will have little incentive to negotiate a balanced deficit-reduction deal. Their top priorities, tax cuts and defense programs, will both be protected

Congress Ignores Scientific Reality, Kills National Climate Service Proposal

Elliott Negin | Posted 11.05.2014 | Green
Elliott Negin

Given what scientists now know about the link between climate change and heat waves, floods, droughts and heavy downpours, the time for a national climate service is now. But unfortunately Congress is moving in the opposite direction.

Orszag Is Right: Locking in Bush Tax Cuts Not Worth a $1.2 Trillion Super Committee Deal

Bob Greenstein | Posted 01.22.2012 | Politics
Bob Greenstein

A super committee agreement that locked in unaffordably low tax rates and made it more difficult to raise additional revenues in the future would set back the cause of deficit reduction.

D.C. Occupy Group Releases Its Deficit Proposal

The Huffington Post | Arin Greenwood | Posted 11.17.2011 | DC

WASHINGTON -- The congressional "Super Committee" may be stalling, but Occupy Washington D.C. -- the protest formerly known as "Stop the Machine" that...

Who Else Is Mad As Hell?

Rep. Charles Rangel | Posted 01.16.2012 | Politics
Rep. Charles Rangel

What America stands for is now being threatened. Right now the Occupy protesters are leading the moral struggle on behalf of the 99 percent in our country.

Clean Water Under Attack - Again

Steve Fleischli | Posted 01.11.2012 | Green
Steve Fleischli

It seems a week doesn't go by where an extremist in Congress isn't threatening to undo our basic environmental laws. This week is no exception.

Alexander Eichler

As Budget Cuts Loom, Federal Layoffs Seem Increasingly Likely | Alexander Eichler | Posted 12.20.2011 | Business

Even as the nation's economy has limped along these past few years -- with millions of Americans unable to find jobs -- the federal government has kep...

Posted Prices and the Capitol Hill Stalemate Machine

Thomas Ferguson | Posted 12.17.2011 | Politics
Thomas Ferguson

The rivers of political money that now swirl 24/7 around Capitol Hill surely play a role in producing the great D.C. stalemate machine. But tired recitations of astronomical campaign-finance spending totals don't tell the full story.

Open Letter to the Super Committee

Lawrence Korb | Posted 12.13.2011 | Politics
Lawrence Korb

Here are ten recommendations for the super committee on how they can responsibly reduce projected levels of defense spending by $677 billion over the next ten years without undermining our national security.

Is Our Nation on the Titanic?

Marian Wright Edelman | Posted 11.23.2011 | Politics
Marian Wright Edelman

What is our values compass as we seek solutions to rampant joblessness and poverty among millions of Americans, including 16.4 million poor children?

Jennifer Bendery

Government Shutdown Looms After Senate Blocks House Funding Bill | Jennifer Bendery | Posted 11.23.2011 | Politics

WASHINGTON - The Senate on Friday rejected a House-passed measure to keep the government funded past Sept. 30, signaling that Senate Democrats are rea...

Jennifer Bendery

Government Shutdown Looms As House Rejects Short-Term Budget Bill | Jennifer Bendery | Posted 11.21.2011 | Politics

WASHINGTON -- The House on Wednesday failed to pass legislation to keep the government funded past next week, a major defeat for Speaker John Boehner ...

Mayor Gray On Possible Gov't Shutdown: D.C. Is A 'Political Ping-Pong Ball'

The Huffington Post | Posted 11.21.2011 | DC

WASHINGTON -- With a possible federal government shutdown looming next week, the District of Columbia government released the following statement on l...

Lynne Peeples

Aging Satellites Could Limit Future Severe Weather Warnings | Lynne Peeples | Posted 10.28.2011 | Green

Detailed images taken by National Oceanic and Atmospheric Administration (NOAA) satellites over the last several days enabled weather forecasters to p...