Federal Budget Deficit Reaches $765B In 5 Months
WASHINGTON — Lower tax revenue and massive government spending on the bank bailout pushed the federal deficit to $765 billion in the first five ...
WASHINGTON — Lower tax revenue and massive government spending on the bank bailout pushed the federal deficit to $765 billion in the first five ...
Jerome Halligan | Posted 04.10.2009 | Comedy
Senate Minority Leader Mitch McConnell appeared in front of reporters at the Capitol this morning, and said, "The problem with this budget, as I see it, is a love of unnecessary spending, hairless spending."
Paul Rieckhoff | Posted 04.09.2009 | Politics
Veterans' funding is about $1.2 billion higher than the amount recommended by leading veterans' organizations, but Obama's budget is still not a slam dunk for veterans.
August J. Pollak | Posted 04.09.2009 | Politics
Stupid people turn to the stupidest thing ever for the stupidest idea possible.
Jim Wallis | Posted 04.05.2009 | Politics
While I support the president's budget, it does not bring Easter morning to the country.
Chris Weigant | Posted 04.04.2009 | Politics
The bottom line of this story is that nine out of forty-one Republican senators just broke ranks with their party and voted to strip a McCain amendment from a budget bill.
Phil Bronstein | Posted 04.04.2009 | Politics
President Obama has essentially called for a new moral order. With the economic panic going on, getting a vice grip on our calamity and its perpetrators really is an issue of national security.
MSNBC | Posted 04.04.2009 | Politics
Treasury Secretary Timothy Geithner testifies at a Senate Finance Committee hearing on President Obama's fiscal 2010 budget. Expected to begin at 10:...
M.S. Bellows, Jr. | Posted 04.02.2009 | Politics
So there's some pork in the budget, and Republicans want it out, and if some of it comes out then they can claim they made Obama blink, and maybe they'll vote for it? Wow!
Jim Wallis | Posted 04.02.2009 | Politics
My prediction is that many in the faith community, especially those on the front lines of serving the poor, will rally around the principles and priorities of this budget.
Wall Street Journal | Posted 04.30.2009 | Politics
Republican congressional leaders ramped up criticism of President Barack Obama's budget proposal, even as they conceded that they likely won't be able...
Judith Ellis | Posted 03.31.2009 | Business
The documentary, I.O.U.S.A, was recently brought to my attention and it will probably be the most sobering clip that you will ever see about the state of the economy.
AP | CHARLES BABINGTON | Posted 03.31.2009 | Politics
WASHINGTON — President Barack Obama challenged the nation's vested interests to a legislative duel Saturday, saying he will fight to change heal...
Michael B. Laskoff | Posted 03.30.2009 | Politics
When I was at Harvard Business School, we inherited a joke that has passed from class to class. It goes something like this: the whole HBS education ...
Paul Rieckhoff | Posted 03.30.2009 | Politics
Whether it is 16 months or 19 months or 23 months, whether the residual force is 10,000 or 50,000 troops, the president's new plan will create a surge of new veterans coming home in 2009 and 2010. We need to be ready.
Roseanne Colletti | Posted 03.30.2009 | Living
Dieting is no fun, whether it's for your waistline or your wallet. Now that you've accepted that all-purpose truth, get over your fear and loathing and find $100 you don't need to spend each week.
Lincoln Mitchell | Posted 03.30.2009 | Politics
Jindal's speech is easy to dismiss, but the potential power of his misleading message must be taken seriously.
Wall Street Journal | Posted 03.29.2009 | Politics
Rosy's back. The famed Rosy Scenario, coined in the early days of the Reagan White House when large tax cuts and higher defense spending were assumed...
Wall Street Journal | Posted 03.29.2009 | Politics
The Federal Bureau of Investigation would get funds to boost the ranks of agents investigating mortgage fraud, under a budget blueprint unveiled by th...
Washington Post | Posted 03.29.2009 | Politics
Civilian employees of the federal government will be limited to a 2 percent pay increase in 2010 under the proposed budget released this morning by th...
Jim Wallis | Posted 03.28.2009 | Politics
This wasn't really a budget speech, or even a State of the Union. It was a call to rebuild a country -- from its infrastructure, to its economy, to its values.
Harry Moroz | Posted 03.28.2009 | Business
The debate about balanced budgets should be employed only in the face of outrageous tax cuts that provide no benefit for future Americans.
HuffingtonPost.com | Ryan Grim | Posted 03.27.2009 | Politics
Senate Majority Leader Harry Reid (D-Nev.) moved Tuesday to reframe the debate around earmarks, hoping to restore some of the spending power to Congre...
Chris Weigant | Posted 03.26.2009 | Politics
Obama has leaked his first budget outline, and it appears he is serious about attempting to fix this tax policy travesty.
New York Times | Posted 03.23.2009 | Politics
For his first annual budget next week, President Obama has banned four accounting gimmicks that President George W. Bush used to make deficit projecti...
AP | CHRISTOPHER S. RUGABER | Posted 04.11.2009 | Politics