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federal budget
Apr 11, 2013 — The administration's budget still matters, even though it's late and the House and Senate have approved their own spending blueprints for fiscal 2014. President Obama laid down markers that could lead to changes in Medicare and Medicaid and affect funding for a broad array of health programs.
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Apr 10, 2013 — The White House is gearing up for another round of difficult budget negotiations. Republicans are opposed to tax increases in the president's plan, while Democrats don't like its new math on entitlement benefits.
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Apr 5, 2013 — Administration officials are telling news outlets that the budget the president unveils next week will include proposals he made last year during negotiations with House Speaker John Boehner, R-Ohio. Those include changes that could reduce increases in Social Security and Medicare spending.
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Mar 21, 2013 — A government shutdown has been averted, with the house passing a spending bill that keeps things open through the end of September.
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Mar 12, 2013 — While "opponents will shout austerity," the Republican lawmaker says his plan would still let federal spending grow. It just wouldn't grow as quickly as now projected, he says, and would come into balance if the economy continues to expand and boosts federal revenue.
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Jan 18, 2013 — GOP leaders in the House say that will give Democrats in the Senate time to pass a budget that cuts spending. And if Congress doesn't pass a budget, they say, lawmakers shouldn't get their full pay. The move could put off another bruising battle over the borrowing limit.
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Jan 13, 2013 — The White House rejects a petition asking the United States to build a Star Wars inspired Death Star by 2016. Among the reasons cited: government policy "does not support blowing up planets."
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Jul 17, 2012 — Big automatic budget cuts slated for January 1 has spurred talk of spending cuts and other budget fixes. We revisit where federal spending actually goes.
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May 29, 2012 — The Bush-era tax cuts expire at the end of the year, along with the payroll tax break; the nation's borrowing authority bumps against its limit; and huge mandatory spending cuts — half targeting defense — are set to kick in. All this could trigger another recession, but Congress is unlikely to do much about it until after November's election.
Apr 3, 2012 — The president today is renewing his push against "trickle-down economics," which he says has failed the nation.
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