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NEWS ABOUT: 2009 budget

US Troops Will Exit Iraq by 2011: Odierno

Coburn praises Obama; Mexican envoy sounds off at NRA

(Newser) - The top US commander in Iraq said American combat troops may overstay a June 30 deadline calling for their withdrawal from some Iraqi cities, but will likely exit the country entirely as scheduled by 2011. “I think I feel comfortable with that timeline,” said Gen. Ray Odierno, who... More »

Dems to GOP: Draft Your Own Budget

(Newser) - Frustrated Senate Democrats today urged their GOP counterparts to stop criticizing President Obama’s proposed budget and provide an alternative, the Hill reports. “If it were easy to write a budget, then the Republicans would be writing one,” Dick Durbin said. Republicans responded that as the minority, that... More »

McCain to Obama: Veto Stimulus Bill

Rush isn't GOP's leader: Gingrich; Stem-cell reversals a 'distraction:' Cantor

(Newser) - Now that the battle over the stimulus bill is over, John McCain has one request for President Obama: Veto it. “We fought a good fight,” the Arizona senator conceded on Fox News Sunday, saying the $410 billion bill would likely pass the Senate despite those efforts. McCain also... More »

'Radical' Budget Aims to Shrink Income Gap

Overhauling tax code, Obama's plans would reverse 30-year trend

(Newser) - Barack Obama's first budget is, above all, an attempt to shrink the gap between rich and poor that has grown rapidly for 30 years, writes David Leonhardt of the New York Times. The "bold, even radical" budget hikes taxes on the rich while dropping them to their lowest point... More »

Obama's 'All-In' Budget Presents Huge Risks

President banks his future on an ambitious economic reinvention

(Newser) - With his first budget, Barack Obama has presented a program of stunning cost and complexity that underlines his ambition to transform the United States, writes Dan Balz in the Washington Post. Its $600-billion-plus health package, taxes on the wealthy that exceed campaign rhetoric, and shocking $1.75 trillion deficit show... More »

Obama Budget Taxes Wealthy to Expand Health Care

Projects deficit will soar to $1.75T

(Newser) - President Obama's budget plan, which he delivers to Congress today, attempts to balance a broad spending program with a commitment to slash the deficit in half by the end of his first term. It calls for tax increases on the wealthy and spending cuts to fund a "down payment"... More »

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