\\
the archives

Deficit

This tag is associated with 5 posts

End-Of-Term Report: Obama’s Record Is Better Than The Woes Of America’s Economy Suggests

via The Economist Not since 1933 had an American president taken the oath of office in an economic climate as grim as it was when Barack Obama put his left hand on the Bible in January 2009. The banking system was near collapse, two big car manufacturers were sliding towards bankruptcy; and employment, the housing … Continue reading

U.S. Congressional Budget Office Warns Of Worse Economic Wreckage From “Fiscal Cliff”

via David Lawder, Reuters Massive U.S. government spending cuts and tax hikes due next year will cause even worse economic damage than previously thought if Washington fails to come up with a solution, the Congressional Budget Office warned on Wednesday. Without action by Congress to avoid a “fiscal cliff,” Americans should expect a “significant recession” … Continue reading

Paul Ryan Selection Shifts Focus From Economy To Ideology

via Jeff Zeleny, The New York Times Four years ago, John Brooks cast his ballot for Barack Obama, becoming one of the voters won over by his promise for changing Washington. This time, he had been undecided, but he said Mitt Romney made his decision easier by placing Representative Paul D. Ryan on the Republican … Continue reading

Progressives Torn Over Obama’s Vision For Deficit Reduction

President Barack Obama is back in the good graces of progressives. For now. Hours after Obama delivered a fiery speech demanding that the wealthiest Americans “pay their fair share” in taxes as part of his $4 trillion deficit-reduction plan, MoveOn.org launched a new television ad on Monday hammering in the president’s message and ripping Republicans … Continue reading

Obama’s Jobs Plan Paid For? Seems Not

President Barack Obama’s promise Thursday that everything in his jobs plan will be paid for rests on highly iffy propositions. It will only be paid for if a committee he can’t control does his bidding, if Congress puts that into law and if leaders in the future — the ones who will feel the fiscal … Continue reading

GET IT IN YOUR INBOX

Favorite Topics:

The Archives: