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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: budget

budget stories: 75 news summaries

1 - 20 of 75 Stories | 1 2 3 4 Next >>

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CONSPICUOUS CONSUMPTION

 Sarko's $400K 
 Shower Steams French 

French president's turn as EU chief cost double the usual amount

Oct 28, 09 2:58 PM CDT
(Newser) - The French Senate is perhaps understandably miffed at the outrageous price tag of Nicholas Sarkozy’s 6-month stint as president of the European Union. The half-year job of hosting meetings and events appears to have cost $262 million, which is borne mostly by the host nation, an official tells the... More »

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Iraq • European Union • Nicolas Sarkozy • France • president • budget • summit • shower

OPINION

 Soda Tax Deserves to Fizzle 

It won't help fat people, or poor people, but will line gov't coffers

Sep 30, 09 1:39 PM CDT
(Newser) - Taxing soda is at best a stupid idea and at worst a cynical ploy by a money-grubbing government, writes Katherine Mangu-Ward for Reason. Here's why:
  • Sin taxes don't work: "None of the nickel-and-dime proposals on the table is large enough to discourage soda drinking," Mangu-Ward writes.
... More »

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obesity • health care costs • budget • regressive tax • soda tax • Katherine Mangu-Ward • high-fructose corn syrup

 Congress Votes 
 to Boost Own 
 Budget 

Capitol Hill scoffs at belt-tightening, jacks funding 5.8%

Sep 30, 09 11:00 AM CDT
(Newser) - With local governments around the country tightening their belts, Congress is loosening theirs. The House last week approved a 5.8% bump in the legislative budget, and the Senate is poised to do so as well. That’ll bring Capitol Hill’s annual budget to $4.7 billion, Politico reports.... More »

MORE ABOUT:
Congress • government spending • budget • federal spending

(Newser) - Powerful special interests are killing health-care reform, which is par for the course in Congress, writes Joe Klein of Time. “We’ve gotten rusty at legislating,” says one Tennessee Democrat. That’s overly kind, Klein retorts. The only bills that pass these days are essentials like budgets... More »

MORE ABOUT:
Barack Obama • Congress • earmarks • budget • lobbyists • health care reform • special interests • Joe Klein • President Obama • Mancur Olson

OPINION

 Forget Space, Fix Earth Instead 

Pareene asks why bother 'getting Americans boldly from one place to another place?'

Jul 20, 09 2:45 PM CDT
(Newser) - On today’s 40th anniversary of the moon landing, President Obama should again show bravery and determination by not indulging in more space exploration, Alex Pareene urges for Gawker. NASA has $100 billion earmarked to replace the shuttles, in order to do what? Go “back to the damn moon,... More »

MORE ABOUT:
Barack Obama • NASA • global warming • Mars • space shuttle • budget • moon landings • George W. Bush • President Obama

Arnold: Budget Crisis Is Not
a Game of Chicken

Gov defends stance amid standoff

Jul 12, 09 6:26 AM CDT
(Newser) - Tensions are soaring in California as Gov. Arnold Schwarzenegger faces off against Democratic lawmakers in the state’s budget crisis. But the governator is keeping calm as he defends his position, the Financial Times reports. He’s calling for welfare reform before he’ll sign off on a budget, but... More »

MORE ABOUT:
California • California legislature • Arnold Schwarzenegger • budget • governor • welfare reform

 Arnold: Make 
 Budget Talks Reality TV 

Says he'd like office to be 'glass house'

Jul 5, 09 9:35 AM CDT
(Newser) - California Gov. Arnold Schwarzenegger wants another starring role onscreen—and he's looking to bring California’s legislators with him. The governator wants budget meetings televised or streamed online to show the public what gives, reports the Los Angeles Times. “A debate in front of the people” would “expose... More »

MORE ABOUT:
television • reality TV • California • California legislature • Arnold Schwarzenegger • budget

 Feds Reject Plea 
 for Calif. Bailout 

Aid ruled out for now as state warns of fiscal meltdown

Jun 16, 09 6:09 AM CDT
(Newser) - The federal government has rejected pleas for emergency aid from top California officials, reports the Washington Post. State officials warn that its budget crisis is approaching the point of a "fiscal meltdown" that will cause massive cuts and deepen the state's recession. But the Obama administration fears bailing out... More »

MORE ABOUT:
California • budget • budget deficit • Federal government • bailout • state budgets

(Newser) - Republicans think they’ve found one chink in President Obama’s armor: public fear over rising national debt. Some 51% of Americans disapprove of Obama’s efforts to control federal spending, according to a recent poll. In every other area, Obama enjoys positive ratings. “The president is still popular,... More »

MORE ABOUT:
Bush administration • Barack Obama • budget • John Cornyn • Republican Party • Lamar Alexander • budget deficit • Republican strategy • Obama administration • President Obama • budget crisis

Calif. Voters Torpedo Budget Crisis Measures

Defeat leaves Governator facing massive service cuts

May 20, 09 6:00 AM CDT
(Newser) - Californian voters soundly rejected five ballot measures that would keep the hard-hit state economically solvent until the end of the year, on a turnout of little more than 10%. The vote against extended tax increases and capped spending is a sharp rebuke to Gov. Arnold Schwarzenegger and state legislators who... More »

MORE ABOUT:
California • Arnold Schwarzenegger • budget • vote • state legislature • budget deficit • propositions • California economy

OPINION

To Cut Deficit, Rein in Health Costs: Orszag

Budget director makes White House's case
for cutting expenses

May 15, 09 10:35 AM CDT
(Newser) - With the future of Medicare and Social Security in the headlines, the Obama administration is jumping at the chance to push its health care reform agenda. Up today: budget director Peter Orszag. "Slower growth rate in overall health-care spending would help to promote and sustain a slowdown in... More »

MORE ABOUT:
health care costs • Medicare • budget • Medicaid • national debt • GDP • Obama administration • Peter Orszag • White House budget director

 Proposed Tax 
 No Fair, 
 Brown U. 
 Students Say 

Providence mayor wants to charge them $300 a year

May 13, 09 3:47 PM CDT
(Newser) - Students at Brown University say they contribute to their community in countless ways, and a proposed $150-per-semester tax shouldn’t be one of them, the AP reports. “We’re more able to provide labor, we’re more able to apply the things that we're learning in the classroom, than... More »

MORE ABOUT:
taxes • budget • mayor • Rhode Island • colleges and universities • Brown University • budget deficit • Providence • students • David Cicilline

US Deficit to Quadruple to $1.8T, Top 2008 Record

pls. try to get into head/deck that this figure is 4x the record, set in 2008

May 11, 09 11:14 AM CDT
(AP) - With the economy performing worse than hoped, revised White House figures point to deepening budget deficits, with the government borrowing almost 50 cents for every dollar it spends this year. The deficit for the current budget year will rise by $89 billion to above $1.8 trillion—about four times... More »

MORE ABOUT:
Barack Obama • budget • deficit • budget deficit • Obama administration • Jay-ZTV

(Newser) - President Obama’s vow to scour the federal budget for savings hasn’t amounted to as much as many hoped, the Washington Post reports. The administration will today announce $17 billion in proposed cuts to 121 programs, a sliver of the $3.4 trillion budget. “Even if you... More »

MORE ABOUT:
Barack Obama • budget • budget cuts • budget deficit • Obama administration

Ballot Measures a Final Test for Schwarzenegger

Outgoing gov must convince Calif. voters to endorse budget fixes

May 6, 09 12:29 PM CDT
(Newser) - Deep into Arnold Schwarzenegger's second term, the novelty of holding political office has given way to the hard realities of governing, the New York Times reports. In the eyes of his constituents, too, the Governator’s celebrity sheen has faded, enough that Schwarzenegger is worried about the passage of several... More »

MORE ABOUT:
California • Arnold Schwarzenegger • Sacramento • budget • governor • budget gap • balanced budget • ballot initiative

 Oakland Proposes 
 Nation's First Pot Tax 

City council approves pot levy; voters to decide in July

Apr 30, 09 4:55 PM CDT
(Newser) - Oakland’s city council has approved a provision to apply a 1.8% tax to marijuana sold at medical dispensaries. If voters endorse the measure in July, Oakland would be the first city in the US to tax pot, reports the Wall Street Journal. Backers say it would bring in... More »

MORE ABOUT:
California • drugs • medical marijuana • budget • marijuana • Oakland • taxation

(Newser) - President Obama's plan to overhaul the nation's health care system got a big boost today as the Senate followed the lead of the House and approved a $3.4 trillion budget plan, the Washington Post reports. The approval sets the stage for lawmakers to hammer out legislation over the summer... More »

MORE ABOUT:
Congress • Senate • House of Representatives • budget • health care reform • President Obama

 Full-Price Fury Sends 
 Writer to the Dumpster 

W. Hodding Carter fed up with supermarket prices

Apr 19, 09 3:03 PM CDT
(Newser) - Since February, W. Hodding Carter's family of six has been living within their means on $550 a month, which means making hummus at home and slashing extras like candy and fancy cheese. But now, in a fury over the "unconscionably insufficient number of sale items" at his local supermarket,... More »

MORE ABOUT:
budget • grocery stores • frugality • Dumpster • W. Hodding Carter

(Newser) - With President Obama and Robert Gates hoping to reconfigure defense spending, cities and towns around the country are bracing for the economic fallout, ABC News reports. Some of the places most likely to be pinched if Gates’ budget stands:
  • Marietta, Ga.: Where Boeing and Lockheed Martin assemble
... More »

MORE ABOUT:
budget • St. Louis • Seattle • military spending • federal budget • Long Beach CA

OPINION

 Unity Candidate 
 Turns Into Most 
 Polarizing Prez 



Obama faces huge partisan approval gap: analysts

Apr 8, 09 7:24 AM CDT
(Newser) - He ran on a message of unity and moderation, but Barack Obama is “the most polarizing new president of recent times,” writes Michael Gerson in the Washington Post. There’s a 61-point Obama approval gap between Democrats and Republicans, Pew researchers found. The widening gap has been a... More »

MORE ABOUT:
Senate Republicans • budget • partisanship • congressional Democrats • House Republicans • unity • approval ratings • President Obama

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