Shifting gears, Obama eyes domestic spending freeze, cuts to 5 percent in deficit-cutting bid The Obama administration, mindful of public anxiety over the ...
NEW YORK (Reuters) - Projected U.S. budget deficits are too high and could force up interest rates and crowd out investments unless the ...
AP Interview: White House budget chief says battered economy yet to prove it's self-sustaining While the economy is beginning to come out of recession, it has yet to show evidence that it can grow without the help of the government's $787 billion ...
WASHINGTON - OCTOBER 02: U.S. Vice President Joseph Biden (C) speaks to the media as (L-R) Executive Director of the Middle Class Task Force Jared Bernstein, Chair of the Council of Economic Advisors Christina Romer, Director of the National Economic Council Larry ...
Citing worse than expected economy, White House and Congress offer bleak budget outlooks In a chilling forecast, the White House is predicting a 10-year federal deficit of $9 trillion — more than the sum of all previous deficits since America's founding. And ...
The White House projected Tuesday a whopping 9.05-trillion-dollar US government budget deficit over the next 10 years, an increase of two trillion dollars from its previous estimate. The administration of President Barack Obama, however, trimmed the 2009 budget deficit projection to 1.58 ...
