federal budget

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Latest blogosphere posts tagged “federal budget”

  • U.S. Forecasts Smaller Loss From Bailout of Banks


    NewsHunter.orgAuthority Authority: 162
    The new estimates, for a loss of $42 billion out of $370 billion lent to banks, could lower the administration’s deficit forecast for this fiscal year.
    8 hours ago
  • U.S. Forecasts Smaller Loss From Bailout of Banks


    NYT > TheaterAuthority Authority: 904
    The bank bailout has been unpopular since it was created in October 2008 by former President George W. Bush and Congress.
    11 hours ago
  • Insurer Bribed State Officials for 17 Years, Insurance Superindendent Charges


    Times TravelerAuthority Authority: 469
    The Phenix Fire Insurance Company evaded state investigation for the past 17 years by bribing former officials of the New York State Insurance Department with "loans," the departments superintendent, William H. Hotchkiss, says.
    11 hours ago
  • Keeping In the Teeth and Keeping Up the Faith


    EconomistMom.comAuthority Authority: 420
    Today’s Washington Post had this story by Lori Montgomery and Shailagh Murray on the evolving Senate health reform bill.  The title of the article was “Deals cut with health groups may be at peril”–subtitled “Top Senate Democrats fight to sustain support in face of amendments.”  But it could have ...
    14 hours ago
  • A "Public Option Compromise" Thats Not?


    SwamplandAuthority Authority: 726
    If the weekend is any guide, the Senate health reform bill is not likely to undergo much tweaking. Between Friday and Sunday, despite hours of debate on the Senate floor, the only amendments that passed were those from Democrats simply reiterating things the bill already calls for. One sponsored by Sen. Sheldon ...
    16 hours ago
  • Economic View: How to Run Up a Deficit, Without Fear


    NYT > TheaterAuthority Authority: 904
    1 day ago
  • Views on the News – 12/5/2009


    American Conservative DailyAuthority Authority: 505
    President Barack Obama has little interest in, understanding of or affection for free markets, so he fails to understand that the fundamental relationship between government and the economy is that of parasite to host. Some functions of government are absolutely essential to a free economy. We need a sound currency, ...
    2 days ago
  • Senate approves long-term care for seniors, disabled


    American Conservative DailyAuthority Authority: 505
    Keeping faith with the late Sen. Edward M. Kennedy, the Senate voted Friday to preserve a new long-term- care insurance program to help seniors and the disabled in its health care overhaul bill. But the vote exposed the difficulties Democratic leaders face in persuading their own moderates to stay united behind the ...
    2 days ago
  • Senate’s Long-Term Care Vote Exposes Dem Divides


    American Conservative DailyAuthority Authority: 505
    Eleven Dems vote with Republicans, who warned that the new program to help seniors and the disabled would turn into a drain on the federal budget.
    2 days ago
  • How Big of a Joke is Our Tax System?


    The Fine Print: blog posts from OMBWatchAuthority Authority: 133
    Anyone with a cursory knowledge of our current tax code can tell you that it is broken. According to the Committee for a Responsible Federal Budget (CRFB), which posted an interesting piece this morning on the need for comprehensive tax reform, our tax system "is inefficient, distorts behavior, stifles economic ...
    2 days ago
  • CBO: Up to 1.6 million jobs created or preserved by stimulus


    Minnesota Budget BitesAuthority Authority: 117
    As bad as it is, the current recession would have been worse without the stimulus package, according to a recent report by the nonpartisan U.S. Congressional Budget Office (CBO). The American Recovery and Reinvestment Act created or preserved between 600,000 and 1.6 million jobs so far, the report said. It also has ...
    3 days ago
  • What Makes Deficit Reduction “Undemocratic”?


    EconomistMom.comAuthority Authority: 420
    A group of over 30 national, “progressive” organizations released this statement (and sent to the President, key Administration officials, and every member of Congress) on Wednesday, decrying the idea of a bipartisan deficit-reduction commission as “undemocratic.”  Why?  From the statement (emphasis ...
    3 days ago
  • Pomeroy Estate Tax Bill Passes House


    The Fine Print: blog posts from OMBWatchAuthority Authority: 133
    As expected, the House brought up the Pomeroy estate tax bill this afternoon, and the legislation passed by a narrow score of 225 to 200. The bill passed mainly along partisan lines, but 26 Democrats joined the Republican caucus in opposition to the measure. Nine House members did not vote. With passage by the ...
    3 days ago
  • OMB Watch Releases New Recovery Act Database


    The Fine Print: blog posts from OMBWatchAuthority Authority: 133
    OMB Watch just released a beta version of a new database on FedSpending.org that gives the public improved access to and searchability of Recovery Act recipient report data. The database allows users to search the 160,000 reports from recipients, showing almost $159 billion in spending, which we downloaded from ...
    3 days ago
  • Death & Taxes by Jess Bachman


    NeatoramaAuthority Authority: 771
    We’ve blogged about Jess Bachman’s Death & Taxes infographic about the complexity of the federal budget of the United States before on Neatorama. Jess has an updated 2010 version : Death and Taxes" is a large representational graph and poster of the federal budget. It contains over 500 programs and ...
    3 days ago
  • Heritage Foundation-The Death Tax: Burden on American Business (Hancock)


    Truman's TakeAuthority Authority: 430
    Hancock Lumber President and CEO Kevin Hancock discusses the financial burden of the estate tax, also called the death tax, as well as how it will affect his business after the principal owner dies.
    3 days ago
  • Driver who killed teens loses appeal


    Ohaiyo Business MagazineAuthority Authority: 136
    A motorist who killed six teenage pedestrians in a crash near Mildura in north-west Victoria in 2006 has lost his application for leave to appeal against his jail term. Thomas Graham Towle was sentenced to 10 years jail with a minimum of seven over the crash at Cardross in which six teenagers died and four others ...
    4 days ago
  • ObamaCare Could Cost Up To $6 Trillion!


    InvestmentWatchAuthority Authority: 157
    According to Michael F. Cannon of the Cato Institute, Congressional Democrats are using several budget gimmicks to disguise the cost of their health care overhaul, claiming the House and Senate bills would cost only (!) about $1 trillion over 10 years. Now that critics have begun to correct for those budget gimmicks, ...
    4 days ago
  • Non-Newsworthy CBO Recovery Act Report is Big News


    The Fine Print: blog posts from OMBWatchAuthority Authority: 133
    In a non-exciting turn of events, a routine report from the Congressional Budget Office, Congresss non-partisan budget analysis arm, has set off another round of fighting over Recovery Act job creation. The report studies the economic effects of the Recovery Act, and estimates that the Act has created or saved ...
    4 days ago
  • House Set to Vote on Pomeroy Estate Tax Bill


    The Fine Print: blog posts from OMBWatchAuthority Authority: 133
    The House plans to take up estate tax reform as early as tomorrow with a vote on Rep. Earl Pomeroys (D-ND) Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009 (H.R. 4154). The Pomeroy bill would permanently extend current estate tax law at a $7 million exemption for couples at a 45 ...
    4 days ago

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