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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…

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

Silva Sees U.S. Ceding Global Power With Bank Curbs: Video

Jan. 22 — Ralph Silva, a strategist at Silva Research Network, talks with Bloomberg’s Scarlet Fu about the impact of President Barack Obama’s proposal to limit U.S. banks’ size on the nation’s competitiveness in the world.

[ More ] January 23rd, 2010 | No Comments | Posted in Politics |
 

The Volcker rule

The best thing about Obama’s proposal for new restrictions on banks’ activities is the branding: you cannot do better than the “Volcker rule”. But how the rule would work, if it were ever adopted, is very unclear. No more &#8220…

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

Obama seeks tighter limits on banks’ reach

President Barack Obama stepped up his campaign against Wall Street on Thursday with a far-reaching proposal for tougher regulation of the biggest banks.
 

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

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…

[ More ] January 19th, 2010 | No Comments | Posted in Politics |