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Budget

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  • President Obama (second from left) walks from the podium in the Rose Garden of the White House with (from left) Leslie Macko of Charlottesville; Jim Chukalas of Fredon Township, N.J.; and Denise Gibson of Brooklyn, N.Y., after delivering remarks on extending unemployment insurance. (AP Photo/Pablo Martinez Monsivais)

    Obama scolds GOP over jobless benefits

    By Kara Rowland - The Washington Times

    Standing with three laid-off workers in the Rose Garden, President Obama on Monday chastised Senate Republicans for blocking an extension of jobless benefits, justifying the aid as emergency spending that has to be passed quickly. Published July 19, 2010 Comments

  • **FILE** Maryland Gov. Martin O'Malley (Associated Press)

    Strapped states seek aid

    By Liz Sidoti - Associated Press

    Governors hamstrung by the sluggish economic rebound in their states are pressing anew for Washington to step up with more help, some say even if it means adding to the nation’s red ink. Published July 10, 2010 Comments

  • ** FILE ** House Majority Leader Steny H. Hoyer, Maryland Democrat (AP Photo)

    Top Dem says Congress shouldn’t pass budget

    By Stephen Dinan - The Washington Times

    Congress will not produce a budget this year, House Majority Leader Steny H. Hoyer said Tuesday, though he said Congress should take steps to impose one-year spending limits on itself and begin to lay the groundwork for long-term restraint. Published June 22, 2010 Comments

  • U.S. on track for another $1 trillion-plus deficit

    By Martin Crutsinger, - The Washington Times

    The budget deficit through the first eight months of the government’s budget year is running slightly below last year’s record-setting pace. Published June 10, 2010 Comments

  • ** FILE ** Budget Director Peter R. Orszag testifies before the House Budget Committee on the fiscal 2011 federal budget on Feb. 2, 2010. (AP Photo/Lauren Victoria Burke)

    Obama seeks modified line-item veto to cut pork

    By Stephen Dinan

    With fear of a Greece-style debt collapse roiling a Congress already balking at new spending, the White House on Monday offered its own solution — a modified line-item veto. Published May 24, 2010 Comments

Recent Articles
  • Top Obama adviser wants more stimulus spending

    By Kara Rowland - The Washington Times

    President Obama's top economist, in her final speech before stepping down Friday, urged Congress to "find the will and wisdom" to spend more money to create jobs — even though lawmakers' appetite for new government spending has waned ahead of November's elections. Published September 1, 2010 Comments

  • CBO: U.S. faces slow recovery, near-record deficit

    By Stephen Dinan - The Washington Times

    With the sluggish economy holding down revenues and the federal government still spending lavishly, the national deficit will hit $1.3 trillion this year — second only to last year's record, Congress's chief scorekeeper said Thursday. Published August 19, 2010 Comments

  • Senate approves jobs bill to stop teacher layoffs

    By Andrew Taylor - Associated Press

    Legislation long sought by Democrats to save the jobs of 300,000 teachers, police and other public workers passed the Senate on Thursday. Published August 5, 2010 Comments

  • Senate advances new government job stimulus

    By Stephen Dinan - The Washington Times

    The Senate on Wednesday tossed a taxpayer-funded lifeline to financially strapped states, advancing a bill that would extend parts of last year's stimulus bill to cover more health care costs and fund more state and local government jobs. Published August 4, 2010 Comments

  • Treasury says scaling back borrowing capacity

    By Martin Crutsinger - Associated Press

    The Treasury Department said Wednesday that it has scaled back its annual borrowing capacity by $232 billion since April and plans further gradual cuts in coming months. Published August 4, 2010 Comments

  • Administration report sees $8B in Medicare savings

    By Ricardo Alonso-Zaldivar - Associated Press

    The new health overhaul law will start producing savings for Medicare right away, and over time add 12 years of solvency to the program's giant trust fund for inpatient care, the Obama administration says in a report to be released Monday. Published August 2, 2010 Comments

  • Obama signs bill to cut misguided federal payments

    By Kara Rowland - The Washington Times

    President Obama on Thursday called on federal agencies to crack down on improper payments made by the government, signing into law a new measure he said would reduce waste and fraud by $50 billion by 2012. Published July 22, 2010 Comments

  • Summer of sunny skies for stimulus?

    By Stephen Dinan - The Washington Times

    Pointing to signs of an economic turnaround, the White House said that stimulus act spending finally has kicked into high gear and, as of June 30, had expanded the economy by up to 3.2 percent and created up to 3.6 million jobs. Published July 14, 2010 Comments

  • Obama overlooks Lew's time as COO

    By Jim McElhatton - The Washington Times

    When Obama introduced his top budget officer, he praised his work handling finances in the Clinton White House and recently as a deputy secretary - but he forgot to mention the lucrative Wall Street job in between. Published July 14, 2010 Comments

  • Obama nominates Lew as budget director

    By ASSOCIATED PRESS - Associated Press

    President Obama on Tuesday nominated Deputy Secretary of State Jacob Lew to serve as director of the Office of Management and Budget, a Cabinet-level post that plays a crucial role in shaping how the administration spends the public's money. Published July 13, 2010 Comments

  • Obama picks Lew as budget director

    By Stephen Dinan and Kara Rowland - The Washington Times

    President Obama on Tuesday tapped as his new budget director Jacob J. "Jack" Lew, the same man who oversaw balanced budgets under President Clinton in the late 1990s. Published July 13, 2010 Comments

  • IMF asks U.S. to cut budget deficits

    By Martin Crutsinger - Associated Press

    The International Monetary Fund is calling for the United States to make a stronger effort to curb its budget deficits. Published July 8, 2010 Comments

  • Va. faces $165M hit without Medicaid extension

    By Bob Lewis - Associated Press

    Virginia will have to pick up a $165 million tab left in the wake of federal health care reforms if Congress doesn't approve $24 billion to help cover states' costs for care to the poor and disabled. Published June 17, 2010 Comments

  • States' red ink augurs cuts, higher taxes

    By Joseph Weber - The Washington Times

    To raise taxes or cut services, that again will be the question for governors dealing with hobbled budgets heading into the 2011 fiscal year, a new study by two lobbying groups for state governments shows. Published June 3, 2010 Comments

  • Spanish lawmakers barely approve austerity plan

    By Ciaran Giles - Associated Press

    The Spanish Parliament approved emergency measures to cut Spain's soaring deficit by only one vote Thursday, saving the Socialist government from an embarrassing defeat but revealing the depth of resistance to austerity plans aimed at resolving Europe's debt crisis. Published May 27, 2010 Comments

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