More Budgets and Deficits Articles

  • Bill extends tax breaks for wind farms, filmmakers

    WASHINGTON (AP) — Wind farms, NASCAR tracks and filmmakers would keep their treasured tax breaks as part of an $85 billion package of temporary tax cuts passed by a key Senate committee Thursday. Some U.S. firms with foreign income would be winners too after Senate Finance Committee Chairman...

  • DC mayor proposes $10.7 billion budget

    WASHINGTON (AP) — Two days after he was defeated in his bid for a second term, District of Columbia Mayor Vincent Gray has proposed a $10.7 billion budget for the upcoming fiscal year. The proposal includes funding for many of the initiatives Gray has announced in recent weeks, including new...

  • Maine Gov. LePage allows budget fix to go into law

    AUGUSTA, Maine (AP) — Gov. Paul LePage maintained his hands-off approach in this year's supplemental budget process right up to the end when he let the bill go into law without his signature. The measure closing a $40 million budget gap this fiscal year and an $18 million shortfall in the one...

  • House GOP tries to break free from 'obstructionist' label with Paul Ryan budget

    In rolling out his fourth spending proposal as House Budget Committee chairman, Wisconsin Rep. Paul Ryan returned to a familiar Republican theme -- one that underscores a political vulnerability and reveals a lingering frustration. Particularly on the issue of health care, but also on jobs,...

  • GOP budget slashes spending, aid to poor

    WASHINGTON (AP) — A budget plan stuffed with familiar proposals to cut across a wide swath of the federal budget breezed through the House Budget Committee on Wednesday, but its sharp cuts to health care coverage for the middle class and the poor, food stamps and popular domestic programs are...

  • Budget includes range of business, estate tax cuts

    ALBANY, N.Y. (AP) — New York's new budget will cut business and estate taxes over the next several years, lowering the corporate tax rate to 6.5 percent in 2016 while raising tax exemptions for inherited wealth by about $1 million annually to $5.25 million in 2017. With the Cuomo...

  • DCCC chair Steve Israel: Paul Ryan's budget will be 'defining issue' in midterms

    On the heels of a new federal budget plan unveiled Tuesday by Republican Rep. Paul Ryan, Democratic Congressional Campaign Committee Chair Steve Israel is predicting the proposal "will be the defining issue in the midterm elections."

  • Paul Ryan urges Sarah Palin to look at the details of his latest budget

    On "Fox and Friends" Wednesday morning, House Budget Committee Chairman Paul Ryan, R-Wis., responded to former Republican vice presidential candidate Sarah Palin's criticism of his new budget proposal as a "joke."

  • House GOP plan seeks health cuts to balance budget

    House Republicans are pressing ahead with a slashing plan to try to balance the budget within 10 years, relying on big decreases in health care programs for the middle class and the poor, as well as tax hikes and Medicare cuts engineered by President Barack Obama.

  • White House: Paul Ryan budget would 'stack the deck' against middle class

    The White House on Tuesday quickly panned the new budget proposal from Rep. Paul Ryan, R-Wis., saying it would slow the nation's economic recovery and hurt the middle class. “To build real, lasting economic security for the middle class, the President and Democrats in Congress have a plan to...

  • Paul Ryan-authored budget counts on faster economic growth to achieve balance

    The Republican budget released Tuesday morning by House Budget Committee Chairman Paul Ryan includes projections that count on added revenue from faster economic growth -- a method often referred to as “dynamic” scoring.

  • Paul Ryan proposes balanced budget plan that reforms entitlements, tax code

    Rep. Paul Ryan on Tuesday raised the curtain on his ten-year budget blueprint, unveiling a plan that balances the budget, reforms Medicare and Medicaid and simplifies the tax code.

  • Paul Ryan doesn't rock the boat with 2015 budget

    Throughout his political career, House Budget Committee Chairman Rep. Paul Ryan, R-Wis., has alternated between being the Republican Party's courageous idea man and serving as one of its loyal soldiers.

  • Paul Ryan to release budget as Democrats plan attack ads

    House Budget Committee Chairman Paul Ryan is set to release a spending plan Tuesday that Republican leaders say would balance the budget in 10 years. As the Washington Examiner's Susan Ferrechio reported March 21, the plan is likely to build off his fiscal 2012 and 2013 proposals, with the...

  • Chicago mayor reaches tentative pension deal

    Chicago Mayor Rahm Emanuel's plan to cut about half of the city's pension debt would raise property taxes while increasing the amount of money city workers contribute to their retirement.



From the Weekly Standard