More Budgets and Deficits Articles

  • Audit: NASA doesn't have the money for big rockets

    WASHINGTON (AP) — NASA doesn't have enough money to get its new, $12 billion rocket system off the ground by the end of 2017 as planned, federal auditors say. The Government Accountability Office issued a report Wednesday saying NASA's Space Launch System is at "high risk of missing" its...

  • Patrick reviews $1B convention center upgrade bill

    BOSTON (AP) — State lawmakers sent to Democratic Gov. Deval Patrick's desk on Wednesday a bill authorizing a $1 billion expansion of the Boston Convention and Exhibition Center. Supporters of the measure tout the proposed expansion of the center, aimed at increasing its operating space by...

  • Senate border plan spurns Obama, but helps firefighters and Israel

    If Congress can agree on a plan to give President Obama supplemental money to deal with the border crisis, it's going to be much less than he asked for.

  • Senate agrees on $11B highway funding measure

    WASHINGTON (AP) — The Senate agreed Wednesday on an $11 billion measure to temporarily fix a multibillion-dollar shortfall in federal highway and transit programs, setting up a vote next week on several alternatives. But senators will likely end up simply adopting a measure that passed the...

  • VIDEO --- John Boehner: Obama asking for 'blank check' to fix border

    Speaker of the House John Boehner said Wednesday morning President Obama is essentially asking for a blank check to fix the ongoing crisis at the U.S.-Mexico border, and that's something House Republicans aren't willing to give the White House.

  • Senate, House on collision course on border money

    WASHINGTON (AP) — Senate Democrats prepared Tuesday to whack $1 billion from President Barack Obama's emergency spending request for the border, while leaving out policy changes Republicans have demanded as their price for agreeing to any money. The developments pointed to a hardening...

  • Big issues loom for Congress as Aug. recess nears

    WASHINGTON (AP) — Pressure is on Congress to act in the next two weeks on several problems, from keeping highway projects on track and easing wait time for veterans seeking health care to the humanitarian crisis at the U.S.-Mexico border. "Pass a bill or don't come back from recess," William...

  • Bond insurers vow to fight Detroit financial plan

    DETROIT (AP) — Companies that insure Detroit bonds and stand to lose millions repeated a pledge Tuesday to aggressively challenge the city's bankruptcy plan, a day after retirees endorsed pension cuts and qualified for a bailout led by the state. Syncora and Financial Guaranty Insurance said...

  • Quinn signs $1B plan for road repair in Illinois

    CHICAGO (AP) — Gov. Pat Quinn signed an approximately $1 billion capital spending plan on Tuesday intended to create jobs and help repair and improve Illinois roads and bridges after a harsh winter. The Chicago Democrat approved the bipartisan legislation that also will provide lawmakers with...

  • Inflation flattens out in June, and some good news for consumers

    Consumer inflation held steady at 2.1 percent yearly in June, the Bureau of Labor Statistics reported Tuesday morning.

  • Detroit retirees vote in favor of pension cuts

    DETROIT (AP) — Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday, a crucial step to emerging from the largest municipal insolvency in U.S. history. The city disclosed results from two months of balloting, which ended July 11. Judge...

  • Congress faces gridlock on Veterans Affairs and border spending bills

    With just days left for Congress to legislate before adjourning for the summer, House and Senate leaders remain at odds over major border legislation and a bill to overhaul the troubled Veterans Affairs department.

  • Expert says Detroit bankruptcy plan is feasible

    DETROIT (AP) — An expert hired to advise Detroit's bankruptcy judge says the city's plan to get out of Chapter 9 is feasible but there still are many challenges. Marti Kopacz says the city's computer system "is so broken" that it threatens to thwart Detroit from meeting its commitments. She...

  • Detroit: No water shutoffs for next 15 days

    DETROIT (AP) — Detroit suspended its aggressive policy of cutting off water to customers with unpaid bills on Monday, the latest response to a controversy that has prompted large protests and caught the attention of the judge overseeing the city's bankruptcy. The city said there will be no...

  • More than $2.1M approved for farm projects

    FRANKFORT, Ky. (AP) — More than $2.1 million has been approved for agricultural diversification projects in Kentucky. The Kentucky Agricultural Development Board says the funding goes to 19 projects, ranging from a farm-to-table program in Louisville to a livestock slaughter facility in...



From the Weekly Standard

  • No Sword, No Justice

    On Tuesday, President Obama visited the Dutch embassy in Washington to pay his respects to the victims of Malaysia Airlines Flight 17, shot down over Ukraine by forces armed and backed by Vladimir...

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  • The Underground War on Israel

    During the first two weeks of the Gaza conflict, Hamas landed at least two significant punches. In firing missiles at Ben Gurion Airport, Hamas convinced the Federal Aviation Authority and...

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  • A New Disorder

    Moments of clarity often come when you least expect them. In a speech to contributors last week in Seattle, Barack Obama made the case that his presidency has made America better. In most...

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