Budget Debate

10:01pm

Sun February 12, 2012
Politics

Obama's Budget: Political Tool Or Spending Plan?

Originally published on Mon February 13, 2012 9:57 am

Copies of of President Obama's fiscal 2013 federal budget are readied for shipment Thursday at the Government Printing Office in Washington.
Manuel Balce Ceneta AP

Deficit reduction takes a back seat to job growth in the federal budget President Obama will unveil Monday. The spending plan forecasts more red ink in the current fiscal year than in 2011. Under the president's plan, budget deficits wouldn't reach a sustainable level until 2018.

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12:09pm

Thu January 26, 2012
The Two-Way

To Shrink Budget, Pentagon Proposes Cutting 100,000 Ground Troops

Originally published on Thu January 26, 2012 1:18 pm

Defense Secretary Leon Panetta announced that the the Pentagon will propose a $33 billion cut in the military's budget, for the 2013 fiscal year.

The AP reports that will be achieved by reducing ground forces by 100,000 and by eliminating older aircraft.

The AP reports:

"Defense Secretary Leon Panetta tells a Pentagon news conference the administration will request a 2013 budget of $525 billion, plus another $88 billion for operations in Afghanistan. Combined, those totals are about $33 billion less than the Pentagon is spending this year.

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11:08am

Wed July 13, 2011
Politics

Congressman Lamborn, Gardner Not Phased by Predictions of Financial Disaster

Two Colorado Congressmen are among those digging in their heels over raising the debt ceiling.

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4:10pm

Thu March 31, 2011
Politics

Tea Party Gains Wide Support Among Conservatives

Originally published on Thu March 31, 2011 2:10 pm

Tea Party supporters hold signs across from a rally held by the American Federation of State, County and Municipal Employees in front of the Maryland State Capitol building in Annapolis on March 14.
Mark Wilson Getty Images

As Democrats accuse Republican congressional leaders of being co-opted by the Tea Party in the federal budget negotiations, a new survey shows that half of all conservative voters ardently support the movement.

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3:00pm

Mon February 14, 2011
Politics

Rep. Paul Ryan On Obama's Budget Proposal

President Obama presented his 2012 budget on Monday. Wisconsin Republican Paul Ryan, chairman of the House Budget Committee, offers his insight on the budget proposal.

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