Official: Obama proposes cuts to Social Security
President Barack Obama’s proposed budget will call for reductions in the growth of Social Security and other benefit programs by including a proposal to lower cost-of-living adjustments to government...
View ArticleDuplicative programs wasting government funds, report says
The federal government could save tens of billions of dollars each year by trimming duplicative programs including catfish inspections by three separate agencies and 159 contracting organizations that...
View ArticleObama unveils new budget plan and gets tepid Republican response
President Barack Obama unveiled his proposed Fiscal Year 2014 budget plan Wednesday in the White House Rose Garden, offering a combination of new spending initiatives and tax increases aimed at...
View ArticleObama lovers are mad at him
Wednesday morning, President Barack Obama became the first Democratic president ever to propose cutting Social Security. Democrats spend so much time defending the president, it is easy to forget that...
View ArticleIMF trims global growth forecast, sees bumpy recovery
The International Monetary Fund on Tuesday shaved projections for global economic growth for this year and next to take into account sharp government spending cuts in the United States and the latest...
View ArticleFlight delays pile up Monday after FAA budget cuts
It was a tough start to the week for many air travelers as federal budget cuts led to cascading delays along the East Coast Monday morning. Some flights out of New York and Washington were delayed by...
View ArticleFurloughs Caused 1,200 Flight Delays on Monday, F.A.A. Says
With many air traffic controllers on unpaid leave, lawmakers criticized the agency for how it was handling the automatic budget cuts required by sequestration.read more
View ArticleWhere the Budget Cut Pain Is Really Being Felt
"It's in areas like health care, education and job training," Packer said. "Programs are closing or are being cut, layoffs are happening. It's not just waiting in line a bit longer at the airport."read...
View ArticleDems, GOP talk up deficit reduction, but don't act
Liberals' loud objections to White House proposals for slowing the growth of huge social programs make it clear that neither political party puts a high priority on reducing the deficit, despite much...
View ArticleObama signs legislation ending FAA furloughs
President Barack Obama has signed into law a bill to end furloughs of air traffic controllers. The furloughs stemmed from the automatic, across-the-board spending cuts that started taking effect in...
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