Federal Budget

Obama Budget Gives Details On Chief Performance Officer

National Journal | Posted 03.29.2009 | Politics


President Obama's budget has some more details--however slight--on the Chief Performance Officer's office and how it will work. Apparently:...

Obama Budget Includes Billions Of CO2 Trade Revenue

Reuters | Posted 03.29.2009 | Politics


President Barack Obama's budget includes hundreds of billions of dollars in revenues from a greenhouse gas emissions trading system, an administration...

Obama Budget Relies On Optimistic Economic Forecast

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...

Obama Budget Will Fund Fight Against Mortgage Fraud

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...

Obama Budget Projects Record $1.75 Trillion Deficit

AP | ANDREW TAYLOR | Posted 03.29.2009 | Politics


WASHINGTON — President Barack Obama charted a dramatic new course for the nation Thursday with a bold but contentious budget proposing higher ta...

Obama's First Budget Seeks To Cut Deficit In Half

Washington Post | Lori Montgomery and Ceci Connolly | Posted 03.24.2009 | Politics


President Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half over the next four years, ...

Obama Bans Budget Gimmicks, Making Deficit Bigger

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...

Democrats Should Just Say No To Budget Filibusters

Chris Weigant | Posted 03.21.2009 | Politics


Chris Weigant

A little-known rule in the Senate may dramatically change the balance of power between the parties during the upcoming budgetary process.

Fixing Budget Would Require Joint Political Suicide

washingtonpost.com | Lori Montgomery | Posted 03.04.2009 | Home


It's the holy grail of Washington politics: a federal budget that generates ample funds through a simpler and fairer tax code, defuses the spending ti...

The Traffic of Pay-to-Play Politics

Monica Youn | Posted 02.27.2009 | Politics


Monica Youn

The Bush Administration's DOT succeeded in knocking a sizeable hole in Illinois' ban on pay-to-play deals that the state Senate had attempted to pass in the wake of the Blagojevich scandal.

Obama To Announce Choice For "Chief Performance Officer" Wednesday

CNN Political Ticker | Posted 02.06.2009 | Politics


President-elect Barack Obama on Wednesday will announce his selection for the role of "chief performance officer," a newly created position that will ...

Are Voters Cynical on Taxes, or More Grown Up Than Our Leaders?

Scott Bittle and Jean Johnson | Posted 12.14.2008 | Politics


Scott Bittle and Jean Johnson

Many American have no idea how long the country has been running deficits and they may not have all the numbers at their fingertips, but the general drift has not escaped them.

Four Words Obama Will Never Say

Michael Pento | Posted 12.14.2008 | Business


Michael Pento

Americans must hope that the Obama administration is honest with the people and makes some difficult choices early in his tenure to deal with our growing annual deficits and long term debt.

Obama and the End of Social Security Privatization

Mark Miller | Posted 12.06.2008 | Business


Mark Miller

President-elect Obama made clear during the campaign that he flat-out opposes privatization of any kind, and the Congress won't go there, either. So, what type of solution will emerge?

Is the Economic Tide Coming In or Going Out?

Harry Moroz | Posted 11.24.2008 | Business


Harry Moroz

Adam Lerrick, an economics professor at Carnegie Mellon, heavily criticized Obama's economic policy and tax plan, claiming "The economic tides will not stand while Washington experiments with European-type social democracy."

Another Washed Up Economic Plan

Harry Moroz | Posted 11.22.2008 | Business


Harry Moroz

Is William Beach trying to derail the stimulus train?

McCain's Spending Freeze Would Send Us Into the Dark Ages

Kim Mance | Posted 11.20.2008 | Politics


Kim Mance

No Senator McCain -- a government spending freeze of "everything but defense, veteran affairs and entitlement programs" is not OK.

National Debt Passes $10 Trillion, No One Notices

Scott Bittle and Jean Johnson | Posted 11.07.2008 | Business


Scott Bittle and Jean Johnson

Ten trillion is an almost unimaginable number -- so colossal that the National Debt Clock in Times Square, for example, didn't even have room for that many digits. On Sept. 30, they had to squeeze the "1" and the dollar sign into the same box.

When Talk Isn't Cheap: The Bailout, the Budget and Promises They Can't Keep

Scott Bittle and Jean Johnson | Posted 10.23.2008 | Business


Scott Bittle and Jean Johnson

So what does this mean for Senator McCain, Senator Obama and the rest of us? Even before the financial crisis, both candidates were offering plans that were fiscally doubtful, to say the least.

Rising Deficits -- Don't Blame the Economy

Bob Greenstein | Posted 10.17.2008 | Business


Bob Greenstein

New government estimates show that the federal government will be in a big hole in fiscal 2009 -- a $546 billion deficit. They also help show how we got into this hole -- and the answer may surprise you.

Stuff Happens: The Mortgage Bailout and the Federal Budget

Scott Bittle and Jean Johnson | Posted 10.10.2008 | Business


Scott Bittle and Jean Johnson

Rather than facing a $200 billion deficit to do something really important, the U.S. is now heading toward a whopping $10 trillion dollar debt.

Both Tax Plans Will Add to the Deficit -- And Our Problems

Hale "Bonddad" Stewart | Posted 09.25.2008 | Politics


Hale

We've spent the last 8 years not making tough choices that need to be made. Now we have two presidential hopefuls who would continue that trend.

Why Do We Spend So Much On National Security?

Patrick Takahashi | Posted 08.10.2008 | Politics


Patrick Takahashi

"I've never seen our lack of strategic depth be where it is today." General Richard Cody, Army Vice Chief of Staff TIME, April 14, 2008 Let me see ...

Misgoverning

Bryan D. Jones and Walter Williams | Posted 08.09.2008 | Politics


Bryan D. Jones and Walter Williams

The Bush presidency will go down as providing by far the poorest quality of governance in the modern period of big government, pushing the federal government toward fiscal insolvency.

Bush Leaving Next President Record Federal Budget Deficit

AP | ANDREW TAYLOR | Posted 08.05.2008 | Politics


WASHINGTON — The government's budget deficit will surge past a half-trillion dollars next year, according to gloomy new estimates, a record floo...