LAMBRO: Clinging to a tax-and-spend doctrine - Washington Times

Thu, 08/28/2014 - 7:32pm

LAMBRO: Clinging to a tax-and-spend doctrine
Washington Times
The Obama administration continues to run up big budget deficits and huge long-term debts that threaten our economic future and put our national security in peril. The nonpartisan Congressional Budget Office released new numbers this week, projecting ...

Medicare: Not Such a Budget-Buster Anymore - New York Times

Thu, 08/28/2014 - 7:04am

Medicare: Not Such a Budget-Buster Anymore
New York Times
You're looking at the biggest story involving the federal budget and a crucial one for the future of the American economy. Every year for the last six years in a row, the Congressional Budget Office has reduced its estimate for how much the federal ...

Has The Federal Budget Deficit Problem Been Solved? - WUWM

Thu, 08/28/2014 - 6:33am

Washington Times

Has The Federal Budget Deficit Problem Been Solved?
WUWM
You're right, it hasn't been. But there is some good news. The economy's been getting better. Congress raised some taxes. It's restrained spending more than some people had expected. And all that has combined to reduce the deficit for the current ...
Clinging to a tax-and-spend doctrineWashington Times
Congressional Budget Office Update to the Budget and Economic Outlook: 2014 ...Sierra Sun Times
What's behind the shrinking federal budget gapCBS News
The New Yorker -Human Events -Forbes
all 48 news articles »

Has The Federal Budget Deficit Problem Been Solved? - Alabama Public Radio

Thu, 08/28/2014 - 6:24am

CBS News

Has The Federal Budget Deficit Problem Been Solved?
Alabama Public Radio
You're right, it hasn't been. But there is some good news. The economy's been getting better. Congress raised some taxes. It's restrained spending more than some people had expected. And all that has combined to reduce the deficit for the current ...
Congressional Budget Office Update to the Budget and Economic Outlook: 2014 ...Sierra Sun Times
CBO's Spending Projections Map the Coming Fiscal BattleForbes
What's behind the shrinking federal budget gapCBS News
Wall Street Journal (blog)
all 42 news articles »

Has The Federal Budget Deficit Problem Been Solved? - Public Radio East

Thu, 08/28/2014 - 5:30am

Has The Federal Budget Deficit Problem Been Solved?
Public Radio East
You're right, it hasn't been. But there is some good news. The economy's been getting better. Congress raised some taxes. It's restrained spending more than some people had expected. And all that has combined to reduce the deficit for the current ...

CBO forecasts $506 billion budget deficit for 2014 - MarketWatch

Thu, 08/28/2014 - 3:10am

MarketWatch

CBO forecasts $506 billion budget deficit for 2014
MarketWatch
WASHINGTON (MarketWatch) — The Congressional Budget Office on Wednesday raised its estimate of the federal government's budget deficit for the current fiscal year as it slashed its growth forecast, and warned red ink was due to rise in coming years if ...

Congressional Budget Office Says Deficit Will Top $500 Billion This Year - Personal Liberty Digest

Thu, 08/28/2014 - 1:07am

Congressional Budget Office Says Deficit Will Top $500 Billion This Year
Personal Liberty Digest
Officials at the nonpartisan Congressional Budget Office said Wednesday that the federal deficit for fiscal 2014 is expected to top out at more than $500 billion, higher than projected due to a drop in corporate tax revenues. The deficit estimate of ...

CBO: Federal deficit to tick up over $500 billion - The Hill

Thu, 08/28/2014 - 12:01am

CBO: Federal deficit to tick up over $500 billion
The Hill
The nonpartisan Congressional Budget Office (CBO) on Wednesday raised its projection for this year's federal deficit to $506 billion. The budget ... Elmendorf added the corporate tax rate has been volatile in recent years, making receipts difficult to ...

UPDATE 2-Weaker corporate tax receipts worsen US budget picture - Reuters

Wed, 08/27/2014 - 6:41pm

UPDATE 2-Weaker corporate tax receipts worsen US budget picture
Reuters
The bigger budget deficit comes because companies are deferring tax payments while they wait for Congress to decide whether to revive expired tax breaks, CBO officials said. Lawmakers are expected to take up legislation after the November elections to ...

The CBO's New Budget Outlook: Debt Ahoy! - National Review Online (blog)

Wed, 08/27/2014 - 5:14pm

The CBO's New Budget Outlook: Debt Ahoy!
National Review Online (blog)
The discrepancy largely stems from lower-than-anticipated corporate-income-tax receipts. What's more, these magically declining budget deficits could easily be reversed by the usual congressional ineptitude. Should a misguided Congress kick the can of ...

White House fellows, dire debt predictions and more - FCW.com

Wed, 08/27/2014 - 4:02pm

FCW.com

White House fellows, dire debt predictions and more
FCW.com
The Presidential Innovation Fellows program isn't the only place bringing innovators into government. The White House Fellows program -- which predates the PIF program by nearly a half-century -- has an impressive line-up for its 2014-2015 class ...

Budget deficit remains on track for six-year low - MSNBC

Wed, 08/27/2014 - 4:00pm

Budget deficit remains on track for six-year low
MSNBC
About a year ago, Sen. Rand Paul (R-Ky.) was asked about the radicalism of some of his political agenda. “You know, the thing is, people want to say it's extreme,” he said. “But what I would say is extreme is a trillion-dollar deficit every year. I ...

US budget office raises deficit forecast - Yahoo! Voices

Wed, 08/27/2014 - 3:12pm

Yahoo! Voices

US budget office raises deficit forecast
Yahoo! Voices
The agency's new estimate for the deficit for the year ending September 30 is $506 billion, out of a $3.5 trillion budget, slightly higher than the $492 billion in its April estimate. The CBO said lower-than-expected tax payments by businesses forced ...

U.S. budget deficit narrows to smallest since 2007, CBO says - Chicago Tribune

Wed, 08/27/2014 - 2:26pm

U.S. budget deficit narrows to smallest since 2007, CBO says
Chicago Tribune
A declining jobless rate that's lifting individual and corporate tax revenue will help narrow the gap next year to about a third of the record $1.4 trillion deficit reached in 2009, according to CBO data. The report Wednesday shows a fiscal picture ...

Dueling data creates Social Security confusion - MarketWatch (blog)

Wed, 08/27/2014 - 2:15pm

Dueling data creates Social Security confusion
MarketWatch (blog)
Biggs notes that 75-year Social Security deficit projections by the Congressional Budget Office (CBO) have nearly quadrupled between 2008 and 2014. He uses the CBO projections to argue that it is foolish to put forth proposals to expand the program.

Federal deficit dips to $506 billion in 2014, but debt continues to rise - AL.com

Wed, 08/27/2014 - 1:47pm

Federal deficit dips to $506 billion in 2014, but debt continues to rise
AL.com
The federal government will end the year with a budget deficit of $506 billion, due in part to a drop in corporate income taxes. In April, the Congressional Budget Office projected the deficit for fiscal 2014 would be $492 billion by the end of the ...

CBO forecast of 1.5% growth lower than Obama's - USA TODAY

Wed, 08/27/2014 - 12:55pm

USA TODAY

CBO forecast of 1.5% growth lower than Obama's
USA TODAY
WASHINGTON (AP) — The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by just 1.5 percent in 2014, undermined by a poor performance during the first three months of the year. The new assessment was considerably more ...

RPT-US CBO: slightly higher 2014 deficit on lower corporate taxes - Reuters

Wed, 08/27/2014 - 10:51am

RPT-US CBO: slightly higher 2014 deficit on lower corporate taxes
Reuters
WASHINGTON Aug 27 (Reuters) - The U.S. budget deficit for fiscal year 2014 will be an estimated $506 billion, a slight increase from the $492 billion projected in April, based on lower-than-expected corporate tax receipts, the Congressional Budget ...

Government is Giving Way Too Much Money to the Wrong People - National Priorities Project

Wed, 08/27/2014 - 10:40am

Government is Giving Way Too Much Money to the Wrong People
National Priorities Project
But if Congress has taught us anything over the past few years, it's that fiscal reform is apparently functionally impossible due to the deep political schism between Democrats and Republicans. One approach that has been gaining ... But here's the true ...

US Economy Forecast to Grow by 1.5 Percent in 2014 - ABC News

Wed, 08/27/2014 - 10:38am

US Economy Forecast to Grow by 1.5 Percent in 2014
ABC News
The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by just 1.5 percent in 2014, undermined by a poor performance during the first three months of the year. The new assessment was considerably more pessimistic than ...

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