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Budget

CBO Warns of Higher Unemployment: Washington Worries About the Deficit

Dean Baker | Posted 09.24.2009 | Business

Read More: Unemployment, Recession, Budget, Congressional Budget Office, Financial Crisis, Cbo, Business News
Dean Baker

The CBO will release a new set of economic projections for the next decade that are likely to show a cumulative deficit that is $2 trillion higher than the deficit projected in January.

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Why Republicans Should Back Health Care Cost Remedies

Stephen Herrington | Posted 09.21.2009 | Politics

Read More: Government, Congress, Gdp, Social Security, Federal Budget Deficit, Conservatives, Budget, Gop, Marxism, Medicare, Health Care, Fiscal Responsibility, Veterans, Politics News
Stephen Herrington

Socialization of risk, a risk pool, is the very business model of private insurance for profit -- and government is simply the largest risk pool of all.

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Obama's Second Hundred Days

Chris Weigant | Posted 09.06.2009 | Politics

Read More: Michael Jackson, Supreme Court, Latina, Sessions, Burris, Empathy, A Tale of Two Cities, Al Franken, Reform, Dickens, Sarah Palin, Second 100 Days, Muslim, Latino, Sotomayor, Health Care, Analog Television, Birthers, Age of Foolishness, Budget, Democrat, Congress, Sanford, Democrats, Barack Obama, Transparency, Rahm Emanuel, First Hundred Days, Health, Sonia Sotomayor, Credit Card, Souter, Healthcare, Senate, Polls, Mark Sanford, Cap and Trade, Gates, President Obama, Cia, Speech, Second Hundred Days, Jeff Sessions, David Souter, Flu, Obama, Democratic, Iraq, Media, Scotus, Republican, Bush, Pelosi, Television, Iran, Gay Rights, Nuclear Weapons, Baucus, Russia, Beer Summit, Arlen Specter, Credit Card Reform, House, Specter, Photo Op, Msm, Beer, Franken, Worst of Times, Charles Dickens, Roland Burris, Gay, Mainstream Media, Waterloo, Best of Times, First 100 Days, Torture Photos, Chris Weigant, Palin, Cairo, Max Baucus, Bipartisanship, Torture, Politics News
Chris Weigant

Our look back at Obama's second 100 days will begin with a short overview, and then move on to the categories: "the best of times," "the worst of times," and "the age of (media) foolishness."

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Orszag Vs. CBO: The Battle Over The Budget Gets Personal

MSNBC | Posted 08.27.2009 | Politics

Read More: White House, Cbo, Budget, Ezra Klein, Bill Clinton, Office of Management and Budget, Steve Elmendorf, Obama Administration, White House Budget Director, Peter Orszag, Congressional Budget Office, Boston Globe, Politics News

"Office of Management and Budget Director Peter Orszag accused Congressional Budget Office Director Doug Elmendorf of 'overstepping' in a Web post Sat...

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Voices of Reason in Sacramento

Antonio Villaraigosa | Posted 08.24.2009 | Politics

Read More: Taxes, Gas Prices, Financial Crisis, California, Arnold Schwarzenegger, Los Angeles, Budget, Politics News
Antonio Villaraigosa

Today, our state assembly and restored gas tax funding to the cities and workers that need it most. The president's stimulus package will hit the streets on schedule.

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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
Dean Baker

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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Attention, Our Leaders: You're Not Listening!

Saul Segan | Posted 08.20.2009 | Politics

Read More: Politics, Congress, Budget, Health Care Reform, Congressional Oversight, People, Health Care, Congressional Budget Office, Politics News
Saul Segan

Seven months hardly constitutes a reasonable interval by which decades of errors in oversight, carelessness, and greed, can be neutralized by the Obama administration.

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California Lawmakers: 'Huge Progress' Made Over Budget

AP | STEVE LAWRENCE | Posted 08.18.2009 | Business

Read More: California Budget, California Economy, Economy, Budget, Business News

SACRAMENTO, Calif. — California officials hope to reach a deal Sunday on how to erase a $26.3 billion budget deficit that has forced the state t...

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Labor Pains at UCLA

Peter Dreier | Posted 08.17.2009 | Politics

Read More: University of California, Arnold Schwarzenegger, Ucla, Budget, Labor Studies, California, Labor Center, Chancellor Gene Block, Politics News
Peter Dreier

The governor's decision to eliminate the UCLA Labor Center -- a valuable, nationally-recognized center of research, teaching, and community service -- is clearly a political maneuver, not a budget necessity.

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The Last Crisis at the University of California?

Saree Makdisi | Posted 08.15.2009 | Business

Read More: University of California, Budget, California, Uc, Budget Cuts, Business News
Saree Makdisi

State support once covered about 75 percent of the UC's core spending. Today, it covers less than half, and it is set to decline even further.

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US Congress: Keep Your Word to Abused Women

Meghan Rhoad | Posted 08.15.2009 | Politics

Read More: Women's Rights, Women, House of Representatives, Abuse, Violence Against Women, Emergency Shelter, Portland, Budget, Economic Crisis, Oregon, Appropriations, Pregnancy, Joe Biden, Women's Health, Family Violence, Domestic Violence, Politics News
Meghan Rhoad

When Michelle arrived at the shelter in Portland, Oregon, staff members had to help her remove her earring because the side of her face was so swollen from the last beating by her abuser.

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Soap, Schools and Swine Flu

Deanna Neil | Posted 08.14.2009 | New York

Read More: Public Schools, Soap, New York-New York, Personal Health, Educators, Budget, Swine Flu Pandemic, President Obama, Swine Flu, Obama, School, Barack Obama, New York, New York City, Vaccines, Education, Swine Flu Outbreak, Hygiene, Health, High School, Teachers, Schools, New York News
Deanna Neil

No soap. Not even a dispenser. Enraged, I walked out into the hall. There, standing in perfect contrast, was a laminated poster explaining each step of how to properly wash your hands.

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Ed Rendell: Every State Worker Should Have A Statue Of Me

Penn Live | Posted 08.14.2009 | Politics

Read More: Pittsburg Channel, Pennsylvania Budget, Pennsylvania Governor Ed Rendell, Pennsylvania, Ed Rendell, Budget, Rendell Statue, Politics News

When they go and collect the career highlights of Ed Rendell, there's no doubt the Pennsylvania Governor will find this piece of videotape from The Pi...

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California's Crisis of Consumer Democracy

Nathan Gardels | Posted 08.13.2009 | Business

Read More: California, Arnold Schwarzenegger, California Budget Crisis, Economy, Budget, Business News
Nathan Gardels

De-leveraging the American Dream will not be easy. America's crisis is not at root a banking or financial crisis. It is a crisis of consumer democracy.

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How do Health Care Lobby Dollars Match Influence in Congress?

Adam Clark Estes | Posted 11.04.2009 | Home

Read More: Baucus, House of Representatives, Budget, Lobbyists, Rangell, Obama Administration, Congressional Budget, Barack Obama, Huffington Post Investigative Fund, Campaign Donations, Senate, Health, Health Care Reform, Health Care, Healthcare, Home News
Adam Clark Estes

A better question might be: Who's really paying for and benefiting from reform? Taxpayers? Or health care industry lobbies?

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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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Schwarzenegger On California's Budget Battle: "It's Not A Game Of Chicken"

Financial Times | Matthew Garrahan and Lionel Barber | Posted 08.11.2009 | Business

Read More: California Budget, Arnold Schwarzenegger, Sacramento, California Money, Budget, California, Business News

Arnold Schwarzenegger faces the fight of his life. The "Governator", best known for slugging it out in Hollywood blockbusters as an indestructible cyb...

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Reality TV Kills California's Budget

James Sims | Posted 08.10.2009 | Entertainment

Read More: Reality TV, NBC Universal, Tax Incentives, Ryan Seacrest, Film Industry, Survivor, Budget, Abc, Fox, American Idol, California Budget Crisis, Hollywood, Entertainment News
James Sims

FilmL.A., the office behind film permits for the city, reported last month that the number of prime-time TV pilots shot in Los Angeles is down nearly 42 percent.

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Symbolic Blather: Washington's Congenital Disease

Robert L. Borosage | Posted 08.07.2009 | Politics

Read More: Budget, Blue Dog Democrats, Paygo, Democrats, Paygo Congress, Obama Paygo, Politics News
Robert L. Borosage

In the new economy emerging out of the calamity, we need progressive tax reform and increased public investment. This week, progressive legislators will try to figure out where they stand on this.

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Four Hot Tips for a Cool Summer

Amy Nebens and Jara Negrin | Posted 08.07.2009 | Living

Read More: Summer, Michelle Obama Style, Recipe, Budget, Picnic, Ice Cream, Kids-Sun, Summer Vacation, Living News
Amy Nebens and Jara Negrin

All this effort for just three months of basking in the sunshine? Here are four ideas to make your efforts less painstaking and remind you that it is well worth the trouble.

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Urgent: New York City Needs a Public Advocate

Bill de Blasio | Posted 08.02.2009 | New York

Read More: Budget, Michael Bloomberg, Michael Bloomberg Term Limits, Public-Funds, Public Advocate, New York, New York News
Bill de Blasio

In these tough economic times, I want to use the Public Advocate's office to ensure that our City agencies are open, accountable, and efficient, and that our tax dollars are spent wisely and fairly.

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Gambling with Ohio's Future

Kelley Bell-Wenzlaff | Posted 08.01.2009 | Politics

Read More: Gambling, Bill Harris, Ted Strickland, Budget, Ohio, Ohio Budget, John Kasich, Horse Racing, Politics News
Kelley Bell-Wenzlaff

Ohio is facing one of the worst budget crises in its history and instead of rolling up their sleeves to hash out a budget, the politicians are rolling the dice in an epic game of fool the public.

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War Contractor Funds Peace Institute

William Hartung | Posted 07.26.2009 | Business

Read More: Military, U.S. Institute of Peace, Lockheed Martin, Taxpayers, Budget, Business News
William Hartung

Lockheed Martin, the world's largest weapons contractor, made a $1 million donation to the United States Institute of Peace.

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California Needs a Moratorium from Ballot Measures

Byron Williams | Posted 07.26.2009 | Politics

Read More: Gop, California, Democrats, Arnold Schwarzenegger, Budget, Politics News
Byron Williams

If the California budget battles were a prizefight, the past several weeks was dominated by the pre-fight hype. This week begins the main event.

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Green to Bloomberg: Don't Cut the Public Advocate

Mark Green | Posted 07.25.2009 | New York

Read More: Mark Green Public Advocate, Budget Modification, Mark Green New York, Mark Green, Public Advocate, Mark Green Budget, Budget, New York, New York News
Mark Green

My vow is this: either convince the Mayor to seek a budget modification to restore the bulk of the cuts...or become a mouse that roars by doing more with much less.

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