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Government Budget Cuts

Austerity Is Poisoning The Economy, In 2 Charts

The Huffington Post | Mark Gongloff | Posted 07.17.2014 | Business

Austerity is like a bad tattoo: It's going to be with us, causing misery, for years to come. The broad spending cuts that were the fruits of the Re...

Sunday Roundup

Arianna Huffington | Posted 04.04.2013 | Politics
Arianna Huffington

This week brought news that the U.S. economy had unexpectedly shrunk during the last quarter of 2012 -- the first time that's happened since the recession ended. Though this contraction was largely attributed to government cuts, the policy conversation in Washington centered on... more cuts. On Friday, labor department numbers showed that the economy added 157,000 jobs last month, while the numbers for the two previous months were revised upward. Even so, unemployment climbed to 7.9 percent -- among millennials it is 13.1 percent, having gone up each month since the election. That this kind of jobs report is seen as good news is a measure of how far we've downwardly revised our expectations -- along with the prospects of the young people that Washington loves to extol in speeches. If our leaders cared about "the next generation" as much as they claim, youth unemployment would be a national emergency. Revised numbers are great; revised thinking would be much better.

Feds Admit They're Not Growing Economy

The Huffington Post | Bonnie Kavoussi | Posted 03.05.2012 | Business

The government is the second largest component of the U.S. economy, making up one-fifth of all economic activity. But federal, state and local gov...

Why Are We Letting Local Governments Go Broke?

Steven Cohen | Posted 04.21.2012 | Politics
Steven Cohen

We've experienced a three-decade long attack on government. While this may have had the effect of constraining unchecked power, it has also started to destroy critical government capacities. This has been especially true at the local level.

PHOTOS: Hundreds Of Students Ditch Class, Protest Education Cuts

The Huffington Post | Laura Hibbard | Posted 12.01.2011 | Education

After the Washington state government proposed in a special legislative session to cut education funding as a way to close a $2 billion budget gap, hu...

Debt Ceiling Deal Could Mean Problems For States

AP | SUSAN HAIGH and DINESH RAMDE | Posted 09.30.2011 | Politics

HARTFORD, Conn. — The cost of the compromise needed to raise the federal debt ceiling likely will inflict more fiscal pain on states still strug...