Obama budget: Record spending, record deficit
Obama budget: Record spending, record deficit
Spelling out painful priorities, President Barack Obama urged Congress on Monday to quickly approve a huge new shot of spending for recession relief and job creation, part of a record $3.8 trillion budget that would boost the deficit beyond any in the nation’s history while only slowly beginning to put Americans back to work.
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$3.8 trillion budget contains record deficit
$3.8 trillion budget contains record deficit
President Barack Obama sent Congress a $3.83 trillion budget on Monday that would pour more money into the fight against high unemployment, boost taxes on the wealthy and freeze spending for a wide swath of government programs.
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Democrats look to new budget rules to tame deficit
Democrats look to new budget rules to tame deficit
Democrats are trying to toughen budget rules to make it more difficult to run up the deficit with new tax cuts or federal benefit programs, a move Republicans say is a recipe for tax increases.
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Nevada’s Sen. Reid looks to new budget rules to tame deficit
Nevada’s Sen. Reid looks to new budget rules to tame deficit
WASHINGTON — Democrats are trying to toughen budget rules to make it more difficult to run up the deficit with new tax cuts or federal benefit programs, a move Republicans say is a recipe for tax increases.
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Obama Weighs Tax on Banks to Cut Deficit
Obama Weighs Tax on Banks to Cut Deficit
JACKIE CALMES With popular anger still simmering even after many banks have repaid bailout funds, the levies may deter future risky behavior as well as raise revenue.
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Categories: insurance fees Tags: banks, deficit, Obama, Weighs
Mayor-elect Mike Bell prepares to take reins of Toledo, tackle deficit
Mayor-elect Mike Bell prepares to take reins of Toledo, tackle deficit
By IGNAZIO MESSINA BLADE STAFF WRITER Mike Bell is still called “chief” as he walks through One Government Center. It’s a title he held in Toledo for 17 years. Now, as the 54-year-old takes over tonight as Toledo mayor, the city’s next chief executive says it could be back to basics for certain city services, new ideas to fix lingering problems, and a “three-prong approach” to balancing the …
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Categories: insurance fees Tags: Bell, deficit, Mayorelect, Mike, prepares, reins, tackle, take, Toledo
R.I. Assembly faces deficit, taxes as session begins
R.I. Assembly faces deficit, taxes as session begins
With elections looming, and lawmakers and the governor at odds, the atmosphere will be charged
Read more on The Providence Journal