Responding to a challenge from President Obama, House Republican leaders today unveiled a plan to slice $375 billion out of the federal budget over the next five years by capping nondefense spending at the rate of inflation and requiring that any bailout money repaid to the Treasury be dedicated to deficit reduction.
Posted on June 4, 2009 at 04:04 PM ET | Comments (7)
Congressional Democrats, meeting late into the evening with senior White House officials, reached a tentative agreement on President Obama's $3.5 trillion budget request, including use of a procedural shortcut to speed Obama's health and education initiatives through the Senate without Republican votes.
Posted on April 24, 2009 at 10:52 AM ET | Comments (15)
Congress wants to deliver a big gift to President Obama on his 100th day in office: a fiscal 2010 budget resolution that makes room for his top domestic policy priorities.
Posted on April 23, 2009 at 04:30 PM ET | Comments (5)
The White House Monday provided examples of a bunch of in-process bureaucratic cost-saving measures.
Posted on April 20, 2009 at 05:12 PM ET | Comments (2)
House Republican proposed a budget alternative, which was met with instant ridicule from the White House.
Posted on March 26, 2009 at 06:06 PM ET | Comments (26)
After President Obama came to a Senate Democratic Caucus meeting to sell his 2010 budget...
Posted on March 25, 2009 at 03:21 PM ET | Comments (10)
Two independent analysis centers concluded that the administration's proposal could decrease giving by as much as $3.87 billion to the nonprofit sector.
Posted on March 25, 2009 at 11:28 AM ET | Comments (21)
President Obama is scheduled to troop to Capitol Hill early this afternoon in an effort to rally support among Senate Democrats for his proposed $3.6 trillion budget for next year.
Posted on March 25, 2009 at 11:03 AM ET | Comments (22)