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May 16th, 2012

California Gov Jerry Brown revealed his revised plan Monday to close the state’s $16 billion budget deficit by slashing $8.3 billion in government spending and imposing temporary tax increases. His new proposal increases cuts $4.1 billion from the January proposal. (more)

May 16th, 2012

President Barack Obama’s 2012 budget was slammed May 16 as an “attack on the middle class and our most vulnerable citizens” by the United Auto Workers (UAW). (more)

May 2nd, 2012

Many conservatives are outraged that the U.S. Senate hasn’t passed a budget resolution since early 2009. Yet in a way, even this eye-popping fact understates how badly federal budgeting efforts have broken down in recent years. (more)

May 2nd, 2012

The United States government’s annual take of over $2 trillion is larger than the GDP of all but the eight largest countries in the world. So why are we broke? Although federal revenue is projected to increase to its historical average of 18% of GDP in a few years, the pundits inform us there’s no way we can have a strong defense and modest tax rates, at least not without “slashing” sacred programs like Social Security and Medicare. (more)

March 29th, 2012

By a stunning 0-414 tally Wednesday night, the House of Representatives voted down a budget proposal based on President Barack Obama’s 2013 recommendations. Congress hadn’t seen a budget vote that lopsided since last May, when the Senate voted down an Obama budget plan by a 0-97 margin. (more)

March 23rd, 2012

Paul Ryan’s GOP House budget plan offers too little too late. (more)

March 22nd, 2012

House Speaker John Boehner expressed frustration over the budget process in Congress Thursday, saying the Democratic-controlled Senate has “done nothing” in three years by failing to “move” a budget. (more)

March 20th, 2012

A Florida man is claiming that Sesame Street, the popular children’s educational program on PBS, has a clear bias against Republicans. (more)

March 20th, 2012

At first glance, it doesn’t seem like there are many money lessons to learn from the “Real Housewives.” (more)

March 16th, 2012

Rand Paul’s “Plan to Revitalize America” would balance the budget in five years. So why aren’t Republicans talking about it? (more)

February 28th, 2012

Secretary of Defense Leon Panetta appeared before the Senate Budget Committee on Tuesday to testify about the president’s budget proposal, which has almost no chance of passing. (more)

February 28th, 2012

President Barack Obama’s recently submitted 2013 budget proposal sharply reduces the Defense Department’s base budget by more than $5 billion, a move that Republicans argue may compromise national security. Arizona Republican Sen. John McCain said Obama’s proposal, which allocates more than $530 billion for that base budget, puts “short-term political considerations over our long-term national security interests.” (more)

February 13th, 2012

Even the optimistic numbers the Obama White House is floating don’t make this claim, but CNN is willing take a leap and give the administration a lot of credit. (more)

February 13th, 2012

On Monday night’s “Special Report” on the Fox News Channel, the show’s “All-Star Panel” addressed the news of President Barack Obama’s budget proposal, which was discussed on the Sunday public affairs programs this week. (more)

February 13th, 2012

Republican National Committee officials have prepared a broadside against President Barack Obama’s request, expected Monday, for another budget carrying a trillion-dollar deficit. (more)

February 10th, 2012

WASHINGTON (AP) — President Barack Obama’s new budget predicts a $1.3 trillion deficit for the ongoing fiscal year but that would drop to $575 billion in 2018 if the president gets his wish to raise taxes and if policymakers can live within tight restraints on the Pentagon and other Cabinet agency budgets, the White House said Friday. (more)

January 24th, 2012

When President Barack Obama strides into the chamber of the U.S. House of Representatives on Tuesday to deliver his fourth State of the Union address, it will mark exactly 1,000 days since the Democratic-controlled U.S. Senate has passed a budget. (more)

January 24th, 2012

Around kitchen and boardroom tables across the state, Michigan families and businesses are figuring out their budgets for the year, deciding where to cut, where to grow and what should stay the same. Unlike these responsible Americans, Debbie Stabenow and Senate Democrats have decided to fly blind. In fact, today marks the 1,000th day since Senate Democrats passed a budget. (more)

January 12th, 2012

The United States hasn’t seen a constitutional convention since 1787. But with Washington, D.C.’s political class continuing to borrow and spend, the state legislatures in North Dakota and Louisiana have passed resolutions calling for another one. (more)

December 12th, 2011

WASHINGTON (AP) — The federal government is on pace to run a deficit below $1 trillion for the first time in four years, modest progress in the face of intense debate in Washington over spending. (more)

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