Obama budget plan weighs in at $3.8 trillion
President Obama’s proposed budget predicts the deficit will crest at a record-breaking $1.6 trillion in the current fiscal year, then start to recede in 2011 to just below $1.3 trillion.
Budget plan details spending freeze
WASHINGTON a ‘ President Barack Obama will send a $3.8 trillion budget to Congress on Monday for the coming fiscal year that would increase financing for education and for civilian research programs by more than 6 percent and provide $25 billion for…
Obama says deficit could jeopardize recovery
President Barack Obama renewed his pledge on Saturday to make job creation his top priority in 2010 but said it was also critical to rein in a record budget deficit that threatened an economic recovery.
Obama to propose more Medicaid for states
The Obama administration will propose giving cash-strapped states about $25 billion worth of help with their Medicaid budgets when presenting its 2011 budget on Monday, a White House official with knowledge of the plan said Friday.
My plot to sap the nation’s brainpower
On Obama’s speech, I’m puzzled by Andrew Sullivan’s response to my asking, in my previous post, “What does it matter who caused the problem [of the budget deficit]? Obama’s job is to solve it.” Andrew replies:
Let me…
Budget Office: The government’s finances on a unsustainable path
President Barack Obama’s proposal to freeze government spending is turning out to be a tough sell on Capitol Hill. His liberal base warned Tuesday the three-year cap on most non-defense discretionary spending could hamper an economic recovery…
Obama seeks to freeze some spending
Facing voter anger over mounting budget deficits, President Barack Obama will ask Congress to freeze spending for some domestic programs for three years beginning in 2011.
Anti-tax stance boosts Jindal despite budget woes
Louisiana Gov. Bobby Jindal’s refusal to raise taxes is boosting his stature with a re-energized national GOP, even while his state faces severe budget cuts to education, health care and social service programs.
Obama to seek $1.35 billion more for education
President Barack Obama will ask Congress for $1.35 billion in his 2011 budget proposal to extend an education grant program for states, although the Education Department remains months away from announcing its first round of awards, senior administrati…