Budget Deficit

Bond Traders Push Indebted European Nations To Trim Budget Deficits

nytimes.com | LANDON THOMAS Jr. | Posted 12.14.2009 | Business

Read More: Dubai World, Bill Clinton, Activist Bond Traders, Fixed Income, Greece Debt, Ireland, Spain, Bond Traders, Budget Deficit, United Kingdom Debt, Business News

LONDON -- The bond vigilantes are back. But this time they are roaming mostly through Europe rather than the United States -- at least for now. Their...

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Pete Peterson Teams Up with Kent Conrad to Undermine Democracy, Slash Social Security and Medicare, and Weaken Fragile Recovery.

Roger Hickey | Posted 12.16.2009 | Politics

Read More: National Debt, Roger Hickey, Kent Conrad, Economic Crisis, Judd Gregg, Economic Recovery, Budget Deficit, Campaign for America's Future, Peter Peterson, Social Security, Medicare, Politics News

Hedge fund mogul Peter Peterson and his Commission on Budget Reform are selling an undemocratic new budget process that would take the responsibility for budget-making away from the president and the committees of Congress.

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Paterson: 'New York Has Run Out Of Cash'

AP | MICHAEL VIRTANEN | Posted 12.09.2009 | New York

Read More: New York Budget, Budget Deficit, Schools, Governor David Paterson, David Paterson, Economic Crisis, New York, New York State Out of Cash, New York Has Run Out of Cash, New York News

ALBANY, N.Y. — Gov. David Paterson said Wednesday that New York has run out of cash and he's directing budget officials to reduce state aid paym...

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Yes We Can: Perez In California = Progress for the Nation

Rick Jacobs | Posted 12.03.2009 | Los Angeles

Read More: Gay, Howard Dean, Lgbt, John Perez, Karen Bass, Budget Deficit, California, Los Angeles News

In the coming days, Perez may well make history, becoming the first openly gay speaker of any state legislature in the United States.

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New York State Senate Approves $2.8 Billion Budget Deficit Plan

AP | MICHAEL GORMLEY | Posted 12.02.2009 | New York

Read More: New York Economic Crisis, Budget Deficit, 2.8 Billion, New York Economy, David Paterson, New York State Senate, Budget, New York News

ALBANY, N.Y. — New York's Senate has joined the Assembly in approving a measure to reduce the state's budget deficit by about $2.8 billion. But...

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Ruben Diaz: Paterson Trying To Act Like A 'Macho Man' For Voters

AP | MICHAEL GORMLEY | Posted 11.24.2009 | New York

Read More: Emergency Powers, Ruben Diaz, Budget Deficit, Paterson, New York State Senate, New York News

ALBANY, N.Y. — New York Gov. David Paterson wants the Legislature to grant him emergency, one-time power to close a $3.2 billion deficit in the ...

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White House Looking To Cut Deficit With Extra TARP Cash

wsj.com | By DEBORAH SOLOMON and JONATHAN WEISMAN | Posted 11.12.2009 | Politics

The Obama administration, under pressure to show it is serious about tackling the budget deficit, is seizing on an unusual target to showcase fiscal r...

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Economic Recovery? History Says No Way. Not Yet.

Eric Schurenberg | Posted 10.24.2009 | Business

Read More: Jeremy Siegel, U.S Treasury Bonds, Inflation-Protected Bonds, Default, CBS MoneyWatch.Com, Kenneth Rogoff, Tips, Carmen Reinhart, Budget Deficit, Asian Currency Crisis, Business News

Both the boom and its panicky finale fit neatly into a long, human tradition of greed, self-deception and financial folly. We're human. We can't help it. Sigh.

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Bernanke: US Should Cut Budget Deficit

AP | JEANNINE AVERSA | Posted 11.02.2009 | Business

Read More: Financial Crisis, Federal Reserve, Ben Bernanke, Budget Deficit, Federal Budget Deficit, Fiscal Policy, Business News

WASHINGTON — Federal Reserve Chairman Ben Bernanke called Monday for the United States to whittle down its record-high budget deficits and for c...

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Comptroller DiNapoli: New York Running $4.1 Billion Budget Deficit

nytimes.com | DANNY HAKIM | Posted 10.15.2009 | New York

Read More: 4.1 Billion, Thomas DiNapoli, Budget Deficit, New York State Comptroller, David Paterson, New York Budget Crisis, New York Budget Deficit, New York News

Deteriorating economic factors have propelled New York State's projected budget deficit to $4.1 billion, according to the state's comptroller, who war...

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Will California Become America's First Failed State?

The Observer | Paul Harris | Posted 12.03.2009 | Business

Read More: Outlook, California Bailout, Finances, Governor Arnold Schwarzenegger, State of California, Bailout, Budget, Arnold Schwarzenegger, California, Meg Whitman, Unemployment, Foreclosure Rate, Foreclosure, Jerry Brown, State Workers, Budget Deficit, Poverty, Economy, Business News

California may be the eighth largest economy in the world, but its state staff are being paid in IOUs, unemployment is at its highest in 70 years, and...

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Max Baucus' Plan: What Do We Want? Less Quality! When Do We Want It? Now!

David Dayen | Posted 10.23.2009 | Politics

Read More: Max Baucus, Coverage Subsidies, Insurance Industry, Budget Deficit, Senate Finance Committee, Health Care, Estate Tax, George W. Bush, Politics News

Paying for health care reform is all a matter of priorities -- help millions of uninsured people get the critical care they need, or give Paris Hilton a tax cut.

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Meltdown 101: A Closer Look At The Huge Budget Deficit Estimates

AP | CHRISTOPHER S. RUGABER | Posted 09.24.2009 | Business

Read More: Budget Deficit, Congressional Budget Office, Federal Deficit, Office of Management and Budget, Business News

WASHINGTON — Get ready to hear a lot of huge numbers Tuesday: The Obama administration is expected to boost its estimate of the federal deficit ...

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Blue Dogs Should Demand CBO Report of Single Payer Savings

Michele Swenson | Posted 08.28.2009 | Politics

Read More: Corporate Lobbies, Comprehensive Health Care Coverage, Uninsured, Single Payer Cost Savings, Underinsured, Colorado Single Payer, Budget Deficit, Lewin Group Health Care Reform Evaluation, Blue Dog Democrats, Republican Deficit Hawks, Health Care Reform, Transparency, Politics News

An honest side-by-side analysis of the costs of all health care reform proposals, including the two single-payer bills, should be reviewed by Congress.

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Seance on Wall Street

Dean Baker | Posted 08.20.2009 | Business

Read More: Budget Deficit, Stimulus, Medicare, Wall Street, Social Security, U.S. Budget, Budget, Business News

Those who want fantastic stories about the unknowable would be much better off visiting people who promise to communicate with the dead than listening to the Wall Street spokespeople.

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Budget Deficit Tops $1 Trillion For First Time

AP | MARTIN CRUTSINGER | Posted 08.13.2009 | Business

Read More: Budget Deficit Record, Treasury, Budget Deficit, Budget, Business News

WASHINGTON _ The federal deficit has topped $1 trillion for the first time ever and could grow to nearly $2 trillion by this fall, intensifying fears ...

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Fiscal Lessons from Moscow?

Eric C. Anderson | Posted 07.12.2009 | Business

Read More: Russia, Budget Deficit, Sovereign Wealth Funds, China, Business News

You know we have a problem when Moscow begins searching for an alternative to investing in U.S. Treasury notes.

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Budget Deficit Hits Record At $189.7 Billion

AP | MARTIN CRUTSINGER | Posted 07.11.2009 | Business

Read More: Bear Sterns, Federal Deficit, Federal Budget Deficit, Budget Deficit, Record Deficit, Business News

WASHINGTON — The federal budget deficit soared to a record for May of $189.7 billion, pushing the tide of red ink close to $1 trillion with four...

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Newsom Budget Figures Don't Add Up

Paul Hogarth | Posted 07.03.2009 | Politics

Read More: Budget Deficit, Gavin Newsom, California Budget Crisis, San Francisco, California Governor's Race, Politics News

Gavin Newsom wants to be Governor, but his analysis of the state budget mess is the last thing progressives need right now -- and calls into question whether he's ready for prime time.

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S&P Misses the Boat: UK and US Need More Stimulus, Not Deficit Reduction

Mark Weisbrot | Posted 06.28.2009 | Politics

Read More: Debt, Economic Stimulus Package, UK Stimulus, Economy, Economic Crisis, Fiscal Stimulus, UK Credit Rating, Budget Deficit, Productivity, Financial Crisis, Politics News

Taxpayers in both countries have been ripped off and should demand that some of this money be clawed back, the debt in both countries is still manageable.

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Budget Deficit To Top $1.8 Trillion

AP | ANDREW TAYLOR | Posted 06.11.2009 | Business

Read More: Budget Deficit $1.8 Trillion, Budget Deficit, Federal Budget Deficit, Business News

WASHINGTON — The government will have to borrow nearly 50 cents for every dollar it spends this year, exploding the record federal deficit past ...

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Federal budget deficit sets March record $192.3B

AP | MARTIN CRUTSINGER | Posted 05.11.2009 | Business

Read More: Budget Deficit Record, Budget Deficit, Budget Deficit March, Federal Budget Deficit, Budget, Business News

WASHINGTON — The Treasury Department said Friday that the budget deficit increased by $192.3 billion in March, and is near $1 trillion just half...

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Taxing THC: Turning Old New York into New New Amsterdam

Warren Holstein | Posted 05.09.2009 | Comedy

Read More: New Orleans, Rockefeller Drug Laws, Marijuana, Drugs, Amsterdam, California, Military Industrial Complex, Glaucoma, Norml, David Paterson, Drug War, Medical Marijuana, Blue Laws Repealed, Decriminalization, Budget Deficit, New York, Tom Ammiano, Politics, Cannabis, Intractable Pain, Federal Budget Deficit, Marijuana Amsterdam, Blue Laws, Neoconservatives, Weed, Legalize Marijuana, Ground Zero, Law Enforcement, Economy, Comedy News

Bollocks! How is that California, the crossroads of implants, spray tans and superficiality, has a leg up on the Empire State, on the possible legalization and taxation of Cannabis sativa?

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Should We Be Grateful to China for Buying U.S. Treasuries?

Scott Lilly | Posted 05.02.2009 | Politics

Read More: Treasury Department, Politics, Budget Deficit, Trade Deficit, Trade, China, Economy, US Treasuries, Politics News

Read the entire report at AmericanProgress.org. The current economic relationship between the United States and China is perilous for both countries....

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"The Jim Crow Laws of the 21st Century": Will New York Change?

Odile Weissenborn | Posted 04.26.2009 | Politics

Read More: Rockefeller Drug Laws, California Prison System, Drug Sentencing, Governor Paterson, Prison System, Economy, Prison Legal News, Drugs, Solomon Moore, War on Drugs, DOJ Prosecutor, Deficit, Death Penalty Information Center, Alternative to Incarceration, Low-Level Drug Offenders, Partnership for Responsible Drug Information, Paul Butler, Taxpayer Money, Bernard Madoff, Budget Deficit, Prison Reform, Prison Population, Drug Treatment, Incarceration, Crime, Budget, Incarceration Rates, Paul Wright, George Washington University Law School, Punishment, Sentencing, Jim Crow, New York Senate, Prison, California Commission on Fair Administration of Justice, Drug Offenders, New York Times, New York Budget, Nelson Rockefeller, Death Penalty, New York State Assembly, Richard Deiter, Madoff Jail, Errol Louis, Alternative Treatment Drug Offenders, Palladia, Politics News

In New York, the 36-year-old Rockefeller Drug Laws may be massively overhauled.

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Budget Deficit

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