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More Budgets and Deficits Articles

  • Manchin will vote no on funding bill that authorizes arming Syrians

    Sen. Joe Manchin is among several Senate Democrats who are likely to vote against the government funding measure that includes authorization for President Obama to arm and equip Syrian rebels to fight Islamic terrorists in the Middle East.

  • US current account deficit dips to $98.5 billion

    WASHINGTON (AP) — The U.S. current account trade deficit narrowed slightly in the April-June quarter, reflecting gains in exports of oil and civilian aircraft and a bigger surplus in Americans' overseas investment earnings. The deficit in the current account shrank to $98.5 billion in the...

  • No welfare for weed under House bill

    WASHINGTON (AP) — The House passed a bill Tuesday night that could make it a little harder for people to use government welfare payments to buy marijuana in states where the drug is legal. Supporters call it the "no welfare for weed" bill. The bill would prevent people from using...

  • Congress may adjourn this week

    Before adjourning, both chambers must pass a stopgap funding bill that includes a provision authorizing President Obama to arm and equip Syrian rebels in the fight against the Islamic State of Iraq and Syria.

  • House advances funding, Syria bill

    The House on Tuesday voted by a narrow margin to advance government funding legislation that includes a provision to authorize President Obama to equip and train Syrians to fight against Islamic terrorists.

  • NATO commander: Budget cuts hurt military's efforts to counter Russia

    Air Force Gen. Philip Breedlove said he has asked for a review of budget cuts that have led to the decline of forces based on the continent in response to recent Russian aggression against Ukraine and threats to other nations.

  • House to put strict controls on US training of Syrian rebels

    The House appears likely to give President Obama the authority he sought to arm and train Syrian rebels, but without the $500 million he sought to pay for it and with strict controls.

  • Syria resolution will be part of government funding bill

    The House will use a government spending bill as the vehicle to pass a resolution authorizing a U.S. mission to arm and train Syrian rebels against Islamic terrorists.

  • Governor, lawmakers announce Va. budget cuts

    RICHMOND, Va. (AP) — Virginia Gov. Terry McAuliffe and Republican lawmakers are planning to fill a $882 million budget shortfall by tapping the state government's rainy day fund and making cuts to various agencies, universities, and local governments. The plan won't affect K-12 school spending...

  • Detroit bankruptcy trial resumes after settlement

    DETROIT (AP) — A judge refused to extend a timeout Monday in Detroit's bankruptcy trial after a deal with a major creditor removed another opponent from the city's plan to exit the largest Chapter 9 case in U.S. history. A bond insurer, Financial Guaranty Insurance, said it needs more time to...

  • US wealth gap putting the squeeze on state revenue

    WASHINGTON (AP) — Income inequality is taking a toll on state governments. The widening gap between the wealthiest Americans and everyone else has been matched by a slowdown in state tax revenue, according to a report being released Monday by Standard & Poor's. Even as income for the affluent...

  • U.S. tax system ranks near bottom among developed nations

    The United States has the third least competitive tax system among developed nations, according to a new ranking of countries' tax codes.

  • Corporate America heads for the exits

    Corporate "inversions" are a problem that President Obama might find intractable, given a corporate tax system that most people agree is outdated and in urgent need of drastic reform at a time when Congress is too divided to fix it.

  • Fiscal hawks' problem: Shrinking debt

    The Treasury faces a long-term budget hole as rising healthcare, Social Security and interest payments take their toll.

  • Think Tanks: New York hurts its millionaires

    The Empire Center, a nonpartisan think tank in New York, released a report suggesting that New York has lagged behind the rest of the nation in making new millionaires.



From the Weekly Standard

  • All Together Now

    Republican voters are down on the sluggish GOP officials they elected, and the officeholders whine about the unreasonable people who voted for them. Republican backbenchers complain about their...

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  • Millennial Mongers

    As far as newspaper corrections go, it was a whopper. On August 24, the editors of the New York Times sucked the air out of a windy essay that had blown through its pages a few days before. The...

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  • Voter Intensity Strongly Against Obamacare

    A new poll from Public Opinion Strategies, commissioned by Independent Women’s Voice, finds that people who care about the issue of Obamacare really don’t like Obamacare.  On the flip side,...

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