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.
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.
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…
Deficit fears could crush Obama’s jobs plan
President Barack Obama laid out his jobs plan in his State of the Union, but finding money for fresh programs could be tough amid rising concern over deficits.
Fact check: Obama and the ‘hatchet’ job
President Obama, who once considered government spending freezes a hatchet job, tells Americans it’s now part of a solution to the deficit. But he doesn’t explain the changes.
Senate rejects task force to tackle deficit
The Senate has rejected a plan backed by President Barack Obama to create a bipartisan task force to tackle the deficit this year.