Posted by editor on March 26, 2012 · 2 Comments
Transcript of press conference Q&A with Nancy Pelosi (D-Calif.), Steny Hoyer (D-Md.), and Jim Clyburn (D-S.C.):
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Question:
“Leader Pelosi, the Republicans introduced their budget this week, part of which would repeal this act. What is your reaction to the GOP’s budget, in addition to not only repealing the Affordable Health Care Act, but also lowering the levels from the BCA and cutting programs for other programs... Read More
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Posted by Jenny Jiang on March 21, 2012 · 4 Comments
ANALYSIS:
Seniors, low-income families and children will bear the brunt of the gratuitous budget cuts proposed by House Budget Committee Chairman Paul Ryan (R-Wis.). Read More
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Posted by editor on March 20, 2012 · 2 Comments
Transcript of remarks by House Budget Committee Chairman Paul Ryan (R-Wis.) on the GOP’s 2013 budget proposal:
House Budget Committee Chairman Paul Ryan (R-Wis.) SOURCE: CSpan.org
“Morning, everybody. It’s a good day.
“I’m proud to be here with my fellow colleagues on the House Budget Committee. They’ve worked very hard – we’ve had together – to produce this document that we’re... Read More
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Posted by editor on March 19, 2012 · 1 Comment
The Obama administration’s proposal to make the Bush tax cuts permanent for the middle class will drive up the deficit by $2.4 trillion over the next decade, according to the Congressional Budget Office.
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Filed under Congress, Current Events, Economy, Election 2012, Government, News, Politics, Tax Dollars at Work, Tax Policies, U.S. · Tagged with Alternative Minimum Tax, budget, Budget Control Act of 2011, Bush tax cuts, CBO, Congressional Budget Office, deficit, Doc Fix, estate tax, federal budget, federal budget 2013, federal debt, federal deficit, federal income tax, high deficits, higher education, Medicare, middle-class, national debt, Overseas Contingency Operations, President Barack Obama, public debt, tax, tax credit, tax cut, tax cuts, tax deductions, tax expenditures, tax extensions, taxes, taxpayers, U.S. tax reform
Posted by editor on February 16, 2012 · 3 Comments
The Obama administration’s 2013 budget advocates a balanced approach to reduce the nation’s long-term deficit by cutting government spending and reforming the tax code to recover revenues lost during the Bush administration.
The White House contends the President’s proposals would cut deficits by $4 trillion over the next 10 years, bringing down the deficit to 2.8% of GDP by the end of the decade. Read More
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Filed under Analysis, Commentary, Congress, Current Events, Economy, Election 2012, Energy & Environment, Government, Health care, News, Politics, Social Services, Tax Dollars at Work, Tax Policies, Transcripts, U.S. · Tagged with Afghanistan, agriculture, Asia Pacific, balanced budget, Bernie Sanders, Big Oil, budget, Budget Control Act of 2011, budget showdown, Bush administration, Bush tax cuts, CBO, children, clean energy, Congress, Congressional Budget Office, corporate tax, counter-terrorism, crime, debt, defense, Defense Department, deficit, deficit reduction, demand, Democratic, Democratic Party, Democrats, discretionary spending, drastic budget cuts, economic crisis, economic recovery, economy, Education, election, election 2012, emergency room, federal budget, federal budget 2013, federal debt, federal deficit, federal spending, financial market, Fiscal Responsibility, Florida, gas, GOP, government spending, health care, high deficits, hospital, housing bubble, investments, Iraq, job training, jobless, jobs, long-term unemployed workers, Maine, Medicaid, Medicare, medicine, mental health, Middle East, middle-class, military, millionaire, Montana, national debt, non-defense, nursing facilities, oil tax subsidies, Overseas Contingency Operations, payroll tax, peace, Pennsylvania, poverty, President Barack Obama, presidential election 2012, public school education, recession, reduce deficit, Republican, Republican Party, Republicans, research, retirement, rural development, science, seniors, small businesses, Social Security, special forces, spending, spending caps, subsidies, tax, tax benefits, tax code, tax credit, tax deductions, tax increase, tax increases, tax loopholes, tax revenue, taxpayer-subsidized, transportation, U.S., unemployment, unemployment insurance, United States, veterans, war, War in Afghanistan, weapons, West Virginia
Posted by editor on February 15, 2012 · 4 Comments
President Barack Obama’s 2013 budget contains several key spending and tax measures aimed at boosting jobs and strengthening the delicate economic recovery by addressing weak consumer demand.
The proposed spending and tax measures would tackle the continuing weak demand that’s holding back job growth, keeping unemployment above 8%. Read More
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Posted by editor on February 15, 2012 · 1 Comment
Transcript of press briefing Q&A with Sen. Kent Conrad (D-N.D.) and Rep. Chris Van Hollen (D-Md.) on President Obama’s 2013 federal budget (Feb. 13, 2012):
Question:
“Sen. [Kent] Conrad, why wouldn’t you use reconciliation in the budget this year to try to help get some of these things through? That’s the main reason why budgets are useful.
“And for Rep. [Chris] Van Hollen, could you comment on the House leadership’s... Read More
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Posted by editor on February 15, 2012 · 2 Comments
Remarks by Rep. Chris Van Hollen (D-Md.) on President Obama’s 2013 federal budget (Feb. 13, 2012):
“The President’s budget is a budget that’s good for the country. It’s good for jobs. It’s good in terms of nurturing a very fragile economy. It’s good in terms of making long-term investments in education, in science and research, in innovation – the things that we going to need for a strong foundation... Read More
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Posted by editor on February 15, 2012 · 3 Comments
Remarks by Sen. Kent Conrad (D-N.D.) on President Obama’s 2013 federal budget (Feb. 13, 2012):
“I personally believe that this is moving the country in the right direction. And I think we need to put in context the circumstances that we have faced.
“First of all, the President inherited a fiscal disaster. That was not of his making. That was of the previous administration’s making. And he has had to cope with it ever... Read More
Filed under Congress, Current Events, Economy, Election 2012, Government, Politics, Tax Dollars at Work, Tax Policies, Transcripts, U.S. · Tagged with balanced budget, Ben Bernanke, budget, Budget Control Act of 2011, budget showdown, Bush administration, Congress, Congressional Budget Office, debt, deficit, deficit reduction, demand, Democratic, Democratic Party, Democrats, drastic budget cuts, economic crisis, economic recovery, economy, election, election 2012, employment, entitlements, federal budget, federal budget 2013, federal debt, federal deficit, Federal Reserve, federal spending, Fiscal Responsibility, GOP, government spending, Great Depression, high deficits, housing bubble, housing market, infrastructure, investments, jobless, jobs, Joel Prakken, Joint Committee on Deficit Reduction, Kent Conrad, local government, Macroeconomic Advisers, national debt, President Barack Obama, presidential election 2012, Project Rebuild, public infrastructures, public school education, real estate, reduce deficit, reforms, regulations, Republican, Republican Party, Republicans, Senate Budget Committee, small businesses, spending, spending caps, Super Committee, tax, tax deductions, U.S., U.S. tax reform, unemployment, United States, US Senate
Posted by editor on February 14, 2012 · 3 Comments
Transcript: Feb. 13, 2012 press briefing Q&A with Republican Senators on President Obama’s 2013 federal budget:
Sen. Jeff Sessions (R-Ala.):
“Interests this year was $230 billion. Next – and under the President’s numbers in his own chart – interest will go to $840 billion. That’s larger than defense, larger than Social Security and Medicare today. It would be the fastest growing item in the entire budget.”
Question:
“If... Read More
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