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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: budget

budget stories: 76 news summaries

21 - 40 of 76 Stories | << Prev 1 2 3 4 Next >>

OPINION

 Unity Candidate 
 Turns Into Most 
 Polarizing Prez 



Obama faces huge partisan approval gap: analysts

(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 »

Gates Axes F-22 in Pentagon Budget Overhaul

Defense sec cuts deep, readies dep't for this century's wars

(AP) - Defense Secretary Robert Gates today recommended halting production of the F-22 fighter jet and scrapping a new helicopter for the president as he outlined deep cuts to many of the military's biggest weapons programs. Gates said his $534 billion budget proposal represents a "fundamental overhaul" in defense acquisition... More »

(Newser) - Barack Obama’s attempt to slash farm subsidies seems to have died on the vine, the New York Times reports. The $9.7 billion in cuts Obama included in his budget outline were conspicuously absent from the outlines the House and Senate approved Thursday, squashed by farm state lawmakers.... More »

Many Medicare Patients Leave Hospital, Then Quickly Return

Readmissions cost
US billions a year

(Newser) - One-third of all Medicare patients hospitalized each year are readmitted within 90 days of being discharged, costing taxpayers billions of dollars annually, a new study found. Meanwhile, half of patients who went back in the first month after treatment had not seen a doctor in the interim. "Given the... More »

 GOP Pushes Budget With
Tax Cuts, $500B Deficit 

Alternative budget overhauls Medicare but repeals Obama spending

(AP) - House Republicans are pushing an alternative budget plan that would cut income tax rates and radically overhaul Medicare, the AP reports. The plan unveiled today by Paul Ryan of Wisconsin also freezes overall spending on domestic programs and repeals most of the spending in President Obama's recently passed economic stimulus... More »

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Congress Medicare budget tax cuts House Republicans President Obama

Would-Be GOP 
Successors Flee the Governator

But trashing Arnold could backfire on Whitman, Poizner

(Newser) - After years of getting the cold shoulder from Arnold Schwarzenegger, California Republicans are returning the sentiment as they mount efforts to succeed him, the Los Angeles Times reports. Top GOP contenders Meg Whitman and Steve Poizner have criticized Schwarzenegger’s budget and ballot measures, tossing in digs about his ego... More »

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California Arnold Schwarzenegger budget Meg Whitman governor

GOP Targets Critics With Own Economic Plans

Budget proposals
seek to douse 'Party
of No' label

(Newser) - “The Party of No” is rejecting that label by introducing alternatives to President Obama’s policies rooted in GOP ideology, Politico reports. The Republican Road to Recovery is a weighty fiscal counterpart to the Democrats’ economic agenda, and marks a new strategy in the minority’s response. Republicans laud... More »

(Newser) - President Obama visited Capitol Hill today for a closed-door meeting with Senate Democrats to push for his budget plan. As Senate and House panels began debating their own versions, Obama urged Democrats to retain his budget's core principles on health care, energy, education, and deficit reduction. He also asked them... More »

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Congress Democrats budget Capitol Hill congressional Democrats President Obama

(Newser) - The federal budget deficit will surpass $1.8 trillion during the current fiscal year, the Congressional Budget Office said today. The figure far outstrips the previous estimate of $1.2 trillion and spells trouble for President Obama's proposed budget, the Wall Street Journal reports, but the White House budget director... More »

ANALYSIS

Obama Army's New Mission: Pass the Budget

Prez calls on legion of campaign supporters, but will they follow?

(Newser) - Four months after propelling Barack Obama to victory, his millions-strong army of volunteers is being asked to help out again, writes Jeff Zeleny in the New York Times. Anyone who contributed $5 or more to the campaign has been enlisted to support Obama's effort to pass his 2010 budget, which... More »



 Dems Draw 
 a Bead on 
 'Party of No' 

After earmark battle, a plan to show GOP as devoid of ideas

(Newser) - Democrats are going on the attack in a new campaign labeling Republicans as “the party of ‘no,’” Politico reports. Officials and ads will argue that Republicans are playing a knee-jerk political game in opposing Democratic measures, like President Obama’s budget proposal, without offering alternatives. The... More »

OPINION

Philanthropists Cry Foul Over Obama Budget

Higher taxes, cap on deductions may lead to $4B less in charity

(Newser) - Charity may be a virtue, but in America there's another motivation for philanthropy: generous tax deductions of as much as 35%. Barack Obama's proposed 2010 budget may change all that; not only will it raise taxes on the most wealthy to almost 40%, it will cap charitable deductions at a... More »

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philanthropy Barack Obama budget charity nonprofit tax code charitable giving

OPINION

White House Responds,
With Civility

Brooks still hates
the budget, but he applauds new tone

(Newser) - In the Bush years, publishing a New York Times op-ed criticizing the White House could get your wife outed as an undercover CIA agent. But when David Brooks wrote earlier this week that the 2010 budget was too liberal, the Obama administration was much gentler—he got calls from four... More »

MORE ABOUT:
Barack Obama White House budget David Brooks Obama administration Obamanomics

 Bernanke Backs Stimulus Bill 

Bigger deficits are worth the benefits, Fed chair tells Congress

(Newser) - Ben Bernanke supported the Obama administration’s economic policy before Congress today, the Wall Street Journal reports. The $787 billion stimulus bill should boost “demand and production” and soften job losses over the next 2 years, the Federal Reserve chief told the Senate Budget Committee. The expansion of government... More »

Obama's Plans Require a Lot More Hands

Federal workforce
could expand by 100-250K, experts say

(Newser) - President Obama’s ambitious budget and stimulus plans will require the government to hire scores of new workers, the Washington Post reports. Analysts put the number between 100,000 and 250,000 spread among various agencies, the biggest expansion of the federal workforce since Lyndon Johnson’s Great Society days.... More »

Analysis

 Why Obama's 
 Trying to Do It All 


White House aides explain president's big budget strategy

(Newser) - Lately, pundits have been blasting Barack Obama for trying to do too much too quickly, but he might just know what he’s doing. White House aides, allies, and advisers clue Mike Allen of Politico into the president’s thinking:
  • He’ll never have more mojo—Obama thinks
... More »

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Barack Obama budget Obama administration political strategy

(Newser) - A $3.6 trillion budget is bound to have nooks and crannies. The Wall Street Journal takes a look at some of the lesser publicized aspects of President Obama's plan:
  • Interior Department gets $50 million to teach young people how to hunt and fish and generally love the environment.
... More »

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budget spending bill federal budget President Obama

MARKETS

 Insurers Propel Dow Down 89 

Obama budget boosts some financials

(Newser) - Stocks turned lower today amid grim economic news and varied responses to President Obama’s budget, the Wall Street Journal reports. Durable goods sank and jobless claims rose, and insurers Aetna and Humana dropped sharply over fears of adverse effects from the administration's healthcare reform. The Dow fell 88.81... More »

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Dow Jones budget Nasdaq health care reform Humana Aetna S&P 500 President Obama

(Newser) - Barack Obama rolled out his ambitious 2010 budget proposal today, promising a break from the “dishonest accounting” of the past. “For too long, our budget has not told the whole truth,” the president said. “Large sums have been left off the books, including the true cost... 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 »

21 - 40 of 76 Stories | << Prev 1 2 3 4 Next >>