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Obama: 2010 Budget 'First Step' Toward Responsibility, Budget Reform
Obama: 2010 Budget 'First Step' Toward Responsibility, Budget Reform
President Barack Obama introduced his federal budget proposal for the 2010 fiscal year by calling it a "first step" on a journey toward more responsibility to deal with long-term challenges, as well as toward "honesty and fairness" in budgeting.
Budget Deficit to Hit $1.75 Trillion
Budget Deficit to Hit $1.75 Trillion
online.wsj.com — Obama's budget blueprint, due out later Thursday, provides the government an additional $250 billion if it needs... to stabilize banks and the financial system. The budget deficit is expected to hit $1.75 trillion this year. (more) Budget Deficit to Hit $1.75 Trillion
Finally a Progressive Budget
robertreich.blogspot.com — President Obama’s new budget is, well, audacious -- not just because it includes several big, audacious initiatives... (universally affordable health care, and a cap-and-trade system for coping with global warming, for starters) but also because it ... (more) Finally a Progressive Budget
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Dem blasts Obama's budget
politicalticker.blogs.cnn.com 2/26/2009 — (CNN) – Mississippi Democratic Rep.  Gene Taylor blasted the budget outline President Obama submitted to Capitol Hill today, saying “I don’t like it…change is not running up even bigger deficits that George Bush did.” “That’s what George Bush ...
Obama raising taxes, cutting deficit
swamppolitics.com 2/26/2009 — by Mark Silva President Barack Obama plans to roll out a blueprint of his 2010 federal budget proposal next week, and the early word on it is that the president will lay out a roadmap for cutting the budget deficit he has inherited by half by the ...
Obama brings back era of big government | Top News
in.reuters.com 2/27/2009 — WASHINGTON (Reuters) - Bill Clinton declared more than a decade ago "the era of big government is over." With his new budget, President Barack Obama has brought it back. Obama's $3.55 trillion budget proposal represents a gamble that Americans are ...
PLANNED PARENTHOOD APPLAUDS PRESIDENT OBAMA
plannedparenthood.org 2/26/2009 — PLANNED PARENTHOOD APPLAUDS PRESIDENT OBAMA'S FY10 BUDGET PROPOSAL Includes Expanding Medicaid Family Planning Programs To Prevent Unintended Pregnancies and Strengthen Women's Health Care Planned Parenthood Federation of America (PPFA) applauds ...
The Associated Press: Typical family would get tax cut in Obama budget
google.com 3/3/2009 — 4 days ago WASHINGTON (AP) A typical American family would get a tax cut under President Barack Obama's budget proposal, and their low-income neighbor would fare even better. Their wealthier counterparts, however, would face some steep tax increases, ...
Obama Reconsiders Tax On Mortgage Interest, Charitable DonationsPolitics on HuffingtonPost.com
WASHINGTON -- President Barack Obama is meeting strong Democratic Party resistance to his proposal to reduce tax deductions enjoyed by upper-income Americans and could be forced to drop or modify the idea. Mr. Obama in his budget blueprint last week proposed a cap on itemized deductions for ...
Obama Reconsiders Tax On Mortgage Interest, Charitable DonationsThe Huffington Post | Full News Feed
WASHINGTON -- President Barack Obama is meeting strong Democratic Party resistance to his proposal to reduce tax deductions enjoyed by upper-income Americans and could be forced to drop or modify the idea. Mr. Obama in his budget blueprint last week proposed a cap on itemized deductions for ...
Obama tries to kill charitiesRedState: Conservative News and Community
We are all aware that Barack Obama is on the path to move the USA towards his vision of a socialist paradise. Hidden in Obama’s budget proposal is another plan to raise taxes - but this time it’s being done on the backs of those who are trying to help the needy and unfortunate:  ...
The Media Consortium: Weekly Audit: Budget Good, Bailout Bad Economy NewsLadderPolitics on HuffingtonPost.com
By Zach Carter, Media Consortium MediaWire Blogger President Barack Obama rolled out his highly anticipated federal budget proposal on Thursday, and while the plan represents a dramatic departure from the priorities of the Bush administration, its ultimate impact may be crippled by a ...
Connect the dotsCOUNTERCOLUMN: All Your Bias Are Belong to Us
26 February 2009: WASHINGTON (AP) — President Barack Obama's budget proposal would shift much of the tax burden from middle- and low-income families to the wealthy, while increasing taxes on many businesses. Today: Dow hits lowest value in 12 years, dropping more than 3% before lunch. The ...
Republicans Concede Budget Is Hard To BlockThe Huffington Post | Full News Feed
Republican congressional leaders ramped up criticism of President Barack Obama's budget proposal, even as they conceded that they likely won't be able to block it. More on Obama Budget <br clear="both" style="clear: both;"/> <br clear="both" style="clear: both;"/>  ...
Comparing Obama's energy planThe Next Right
Barack Obama's budget proposal pays for a healthcare plan -- we don't know yet what the plan is -- with a carbon tax. Really. Obama's budget proposes a health care reform fund that would cost $635b over 10 years . Obama also proposes a cap-and-trade system that would generate $640b in revenue ...
Business ally for Obama on stimulus slams budgetNews
One of the key backers of President Barack Obama’s stimulus package whole-heartedly turned against his budget proposal Thursday. The U.S. Chamber of Commerce took aim at the more than $3.5 trillion budget for its tax hikes and new regulations. The White House plans to use revenue gleaned from ...
Obama Tax Plan: Hedge Funders Could Pay $24 Billion MoreThe Huffington Post | Full News Feed
Feb. 26 (Bloomberg) -- Executives at buyout, venture-capital and hedge-fund firms will pay an estimated $24 billion more in taxes over nine years if President Barack Obama gets his way. Obama's 2010 budget proposal, released today, proposes raising taxes on the managers by treating carried ...
Obama Wants Higher Capital Gains Tax Rate: Too Far Or Not Enough?Politics on HuffingtonPost.com
In his efforts to find revenue streams to fund domestic priorities and close the deficit, President Barack Obama introduced, as part of his budget proposal, a variety of tax revisions and increases on Wall Street and the wealthiest of Americans. The president wants to roll back the Bush ...
Obama Wants Higher Capital Gains Tax Rate: Too Far Or Not Enough?The Huffington Post | Full News Feed
In his efforts to find revenue streams to fund domestic priorities and close the deficit, President Barack Obama introduced, as part of his budget proposal, a variety of tax revisions and increases on Wall Street and the wealthiest of Americans. The president wants to roll back the Bush tax ...
Top Republicans rip into Obama U.S. budget proposalDemocratic Underground Latest Breaking News
Source: [b]Reuters[/b] WASHINGTON, Feb 26 (Reuters) - U.S. President Barack Obama's proposed $3.55 trillion federal budget drew swift words of anger and concern on Thursday from top Republicans in Congress, presaging major political fights over spending. ..... "I have serious concerns ...
Call it the Obama Budget DeficitRedState: Conservative News and Community
With President Barack Obama’s big economic address to a joint session of Congress tonight, lines like this in mainstream news stories are appearing with distressing predictability. “The president’s budget proposal will project that the estimated $1.3 trillion deficit ...
Tax-increase 'rubbish:' Hurting economyThe Swamp
by Mark Silva President Barack Obama has revved up the tax debate again with word that his 2010 budget proposal this week will mark the first chapter in a plan to cut the defict in half by the end of his term, with cuts in spending on the war and a boost in taxes for the wealthiest.  ...
Obama Budget Will Tax “The Rich” And Rob From The TroopsPat Dollard | Young Americans
Obama Budget Aims to Cut Deficit in Half by End of Term President Obama’s 2010 federal budget proposal relies on war spending cuts and taxing the rich to reduce the deficit Barack Obama wants to cut the federal deficit in half by the end of his first term, mostly by scaling back ...