U.S. Budget
President Obama’s proposed $3.8 trillion budget is expected to increase the deficit to $1.6 trillion — a figure Obama says could be cut in half by 2013 if the economy recovers.
Help us find the most reliable coverage by reviewing (or posting) stories on this topic. We’re looking for quality news and opinion on how Obama’s budget — and the resulting deficit — could impact unemployment, social programs, taxes and other aspects of the economy.
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Senate Democrats offer $3 trillion debt deal
Senate Democrats are urging the debt-reduction supercommittee to pursue a far-reaching agreement to slice $3 ...Posted by Barry Grossheim -
Fed tells worried stock market it will keep interest rate near zero for 2 years
The Federal Reserve guaranteed super-low interest rates for two more years Tuesday - an unprecedented step to ...Posted by Fabrice Florin -
Debt drama takes political toll on Obama
Though he succeeded in staving off a historic default, President Obama emerges from the debt talks in a weakened ...Posted by Gin Ferrara
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Nobody Understands Debt
'In 2011, as in 2010, America was in a technical recovery but continued to suffer from disastrously high ...Posted by Dwight Rousu -
After the Deficit Committee, A New Propaganda Push from the War Profiteers
Failure of a special congressional committee to strike a deficit-reduction deal is expected to unleash desperate ...Posted by Dwight Rousu
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How the GOP lost on the debt deal
The deal reached by Congress eliminates the leverage that would have been created by another imminent default until ...Posted by Barry Grossheim -
Obvious compromise between Reid and Boehner debt plans
When it comes to cutting the national deficit, the plans proposed by Senate Majority Leader Harry Reid and House ...Posted by Barry Grossheim -
The Chart That Should Accompany All Discussions of the Debt Ceiling
You can be against deficits. You can be for preserving tax cuts. You cannot be for both -- logically, that is.Posted by Fabrice Florin
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As Romney Releases Tax Returns, Fmr Senate Investigator Says: We've Got To Start Taxing Corporations
(Multimedia) tax evasion could seriously cripple the already struggling economy. Blum appears in "We’re Not Broke," a ...Posted by Dwight Rousu -
Report: Military Blew $1 Trillion on Weapons Since 9/11
A new study suggests that defense hawks are crying crocodile tears over planned cuts to Pentagon spending. Capitol ...Posted by Fabrice Florin
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Patricia L'Herrou reviewed this story
whether proposal or plan this article presents a very interesting idea. that idea targets perhaps the most important aspect of the gov't financial system---income tax reform which may create real change. the article lays out an analysis of how it might work and how it may appeal to ... More »
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Senate Democrats offer $3 trillion debt deal
Nobody Understands Debt
As Romney Releases Tax Returns, Fmr Senate Investigator ...