Articles Tagged 'Federal Budget'
Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January
(CNSNews.com) – The federal government this January ran a surplus while collecting record total tax revenues for that month of the year, according to the…
Trump releases federal budget with big increases for military, border security
It’s difficult to see through all the red ink, but President Trump’s proposed $4.38 trillion budget for fiscal 2019 contains consistent conservative policy solutions for…
‘The swamp won’ on spending bill, Freedom Caucus co-founder says
Rep. Jim Jordan says the swamp struck back with the passage of a massive budget deal that increases government spending by $300 billion.
Trump’s veto threats shape Senate debate on immigration
All eyes will be on President Trump this week as the Senate begins its immigration debate, with Republicans hoping the White House will play an…
Senate Democrats ready to end the shutdown after GOP promises immigration vote
Senate Democrats said Monday they are prepared to end the three-day government shutdown by voting in favor of a bill that would keep the government…
Obama predicts deals on debt, immigration reform in second term
By Daniel Strauss -The Hill
President Obama in a previously off-the-record interview with an Iowa newspaper said he believes a “grand bargain” on the deficit can be reached six months into his second term and that immigration reform can also be approved in 2013.
The Obama administration reversed course Wednesday and allowed theÂ Des Moines Register
Â to release…
GOP demands Obama plan on debt ceiling
By Peter Schroeder –The Hill
A pair of Senate Republicans is pressing the Treasury Department for details on when the government will reach its $16.4 trillion debt ceiling â€” and how long it can avoid hitting the limit.
Sens. Orrin Hatch (Utah) and Jeff Sessions (Ala.) asked Treasury Secretary Timothy Geithner on Monday to lay out a precise timeline…
CBO pegs 2012 deficit at $1.1 trillion
WASHINGTON â€“ A new estimate puts the deficit for the just-completed 2012 budget year at $1.1â€‰trillion, the fourth straight year of trillion dollar deficits on President Barack Obamaâ€™sÂ watch.
The result was a slight, $207 billion improvement from the 2011 deficit of $1.3Â trillion.
â€œPresident Obama once promised to cut the deficit in half by the end…
Van Hollen Calls Simpson-Bowles a Framework for Debt Deal
Representative Chris Van Hollen, the House Budget Committeeâ€™s top Democrat, predicted the proposal by President Barack Obamaâ€™s 2010 deficit panel will be the â€œframeworkâ€ for averting the so-called fiscal cliff of spending cuts in January.
The deficit-cutting plan was offered by commission co- chairmen Al Simpson, a Republican former Wyoming senator, and Erskine Bowles, a Democratic former…
Romney, Ryan vow not to cut military budget
By NBCâ€™s Alex Moe and Garrett Haake
JACKSONVILLE, Fla. â€“Â Mitt Romney
Â andÂ Paul Ryan
Â went to military country Saturday and promised those…