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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.

[ More ] February 1st, 2010 | No Comments | Posted in Politics |

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…

[ More ] January 31st, 2010 | No Comments | Posted in Politics |
 

Boosting Small Businesses with Obama’s Plan, Is It Too Late?

Earlier this week, President Obama decided to refocus his agenda on Americans jobs, especially small businesses.

[ More ] January 31st, 2010 | No Comments | Posted in Politics |

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.
 

[ More ] January 30th, 2010 | No Comments | Posted in Politics |
 

NASA to get more money, but must scratch moon plan

President Barack Obama is essentially grounding efforts to return astronauts to the moon and instead is sending NASA in new directions with roughly $6 billion more, according to officials familiar with the plans.

[ More ] January 29th, 2010 | No Comments | Posted in Politics |

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.
 

[ More ] January 28th, 2010 | No Comments | Posted in Politics |
 

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.
 

[ More ] January 27th, 2010 | No Comments | Posted in Politics |

Obama to unveil new bioterrorism plan

President Barack Obama will use his State of the Union address to unveil a new plan for a quicker response to bioterrorism threats and attacks, the White House says .

[ More ] January 27th, 2010 | No Comments | Posted in Politics |

The Economist on “Glass-Steagall lite”

I thought this concise analysis by The Economist was one of the best things I have read on Obama’s new banking proposals.
Allow me a quibble over nomenclature (ie, the politics). To have this plan referred to as any kind of Glass-Steagall–&…

[ More ] January 22nd, 2010 | No Comments | Posted in Blogs |

Palin and McCain together again

Sen. John McCain and Sarah Palin plan to campaign together again in March, their first such appearance since their unsuccessful bid as running-mates in the 2008 presidential campaign.

[ More ] January 21st, 2010 | No Comments | Posted in Politics |
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