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No Budget From Congress Until 2017 At The Earliest

3 hours 30 min ago
That’s right: I said 2017. Three years from now. That will be the fiscal 2018 budget the new president submits and…hopefully …Congress considers. But there is no guarantee about 2017 either. Here’s why. Several years ago I testified before the House Rules Committee about changing the congressional budget process. Contrary to what the other [...]

Who Shrank the Deficit?

Wed, 04/23/2014 - 2:29pm
A budget deficit of nearly half a trillion dollars is hardly something to cheer about, but the big decline in federal red ink as a share of our national output has been a stunning achievement.

President Obama’s 2015 Budget: How Government Expansion Will Limit Opportunity, Slow Economic Growth, and Erode ...

Sat, 04/19/2014 - 3:30am
“Change won’t come from the top, I would say. Change will come from a mobilized grass roots.” [1] This was President Obama in his memoir, Dreams from My Father . Yet the President’s 2015 budget presents a vision of federal government involvement at the core of American success.

Obama's shrinking budget deficits silence foreign critics

Fri, 04/18/2014 - 6:58pm
Six months ago, global finance officials meeting in Washington berated the U.S. for failing to put its fiscal house in order. This time, the critics were silent.

Obama budget would boost U.S. tax revenue, cut deficits: CBO

Thu, 04/17/2014 - 7:08pm
By David Lawder WASHINGTON (Reuters) - President Barack Obama's fiscal 2015 budget request would boost U.S. tax revenue by nearly $1.4 trillion over 10 years if fully enacted, cutting deficits by $1.05 trillion while funding new spending, the Congressional Budget Office said on Thursday. But the non-partisan agency's analysis was less optimistic than the White House's own projections - showing ...

Obama budget would boost U.S. tax revenue, cut deficits -CBO

Thu, 04/17/2014 - 6:32pm
* Obama budget seen adding $1.4 trillion in revenue over 10 years * CBO analysis to feed campaign rhetoric for November elections (Adds comparison between White House and CBO deficit estimates) WASHINGTON, April 17 (Reuters) - President Barack Obama's fiscal 2015 budget request would boost U.S. tax revenue by nearly $1.4 trillion over 10 years if fully enacted, cutting deficits by $1.05 trillion ...
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