News
Obama Ignores ‘Czar’ Ban
Politico
Apr 18, 2011
President Barack Obama is planning to ignore language in the 2011 spending package that would ban several top White House advisory posts.
S&P: U.S. Negative Credit Outlook
CNN Money
Apr 18, 2011
Standard & Poor’s lowered its outlook for the nation’s long-term debt Monday, even as it reaffirmed the agency’s top-tier rating for the U.S. economy.
Gas $4 In 5 states
AP
Apr 15, 2011
The average price of gasoline is now above $4 per gallon in five states, and it could rise to that level in New York and Washington, D.C., this weekend.
Oppose Eliminating Tax Deductions
Gallup
Apr 15, 2011
Americans make it clear they want to keep common federal income tax deductions, regardless of whether the proposed elimination of those deductions is framed as part of a plan to lower the overall income tax rate or as a way to reduce the federal budget deficit. No more than one in three Americans favor eliminating any of the deductions in either scenario.
Congress Clears 2011 Funding Bill
The Hill
Apr 15, 2011
Congress approved a measure Thursday to slash spending and fund the government through September, clearing the way for a raucous fight over the nation’s broader fiscal crisis.
Obama Speech, Puny Deficit Cuts Leave Congress in an Uproar
Apr 14, 2011
A report from the Congressional Budget Office that says a compromise spending deal between President Obama, Speaker John Boehner and Senate Majority Leader Harry Reid would cut but $352 million from this year’s deficit has cast deepening doubts on the prospects for its passage.
Jobless Claims Rise; Inflation Grows
MSNBC
Apr 14, 2011
New claims for unemployment benefits unexpectedly rose last week, bouncing back above the key 400,000 level, while core producer prices clumbed faster than expected in March, government reports showed on Thursday.
The Presidential Divider
The Wall Street Journal
Apr 14, 2011
Obama’s toxic speech and even worse plan for deficits and debt.
Obama Stokes Deficit Fight
The Wall Street Journal
Apr 14, 2011
President Barack Obama asked Congress to adopt a mix of revenue increases and spending cuts to tame the nation’s long-term budget deficits, in a combative speech that portrayed Republicans as backing “tax cuts for millionaires and billionaires” while demanding sacrifice from the nation’s seniors, poor and the middle class.
Obama Speech: More Taxes
The Wall Street Journal
Apr 13, 2011
Here is the prepared text of President Barack Obama’s speech on the deficit, as released by the White House: