It's About the Deficit.
Surplus
Blog Posts:
March 18, 2010, 03:55 PM
Economy, healthcare remain prominent concerns
By Jeffery M. Jones
PRINCETON, NJ -- Unemployment now stands alone as the top issue in Gallup's latest update on the most important problem facing the country. Thirty-one percent of Americans mention jobs or unemployment, significantly more than say the economy in general (24%), healthcare (20%), or dissatisfaction with government (10%).
By Jeffery M. Jones
PRINCETON, NJ -- Unemployment now stands alone as the top issue in Gallup's latest update on the most important problem facing the country. Thirty-one percent of Americans mention jobs or unemployment, significantly more than say the economy in general (24%), healthcare (20%), or dissatisfaction with government (10%).
March 16, 2010, 02:00 PM
By Matthew Brown
Originally posted on March 15, 2010
The U.S. and the U.K. have moved “substantially” closer to losing their AAA credit ratings as the cost of servicing their debt rose, according to Moody’s Investors Service.
The governments of the two economies must balance bringing down their debt burdens without damaging growth by removing fiscal stimulus too quickly,Pierre Cailleteau, managing director of sovereign risk at Moody’s in London, said in a telephone interview.
Originally posted on March 15, 2010
The U.S. and the U.K. have moved “substantially” closer to losing their AAA credit ratings as the cost of servicing their debt rose, according to Moody’s Investors Service.
The governments of the two economies must balance bringing down their debt burdens without damaging growth by removing fiscal stimulus too quickly,Pierre Cailleteau, managing director of sovereign risk at Moody’s in London, said in a telephone interview.
March 16, 2010, 01:01 PM
Originally Posted: March 10, 2010
WASHINGTON — The government ran up the largest monthly deficit in history in February, keeping the flood of red ink on track to top last year's record for the full year.
The Treasury Department said Wednesday that the February deficit totaled $220.9 billion, 14 percent higher than the previous record set in February of last year.
The deficit through the first five months of this budget year totals $651.6 billion, 10.5 percent higher than a year ago.
WASHINGTON — The government ran up the largest monthly deficit in history in February, keeping the flood of red ink on track to top last year's record for the full year.
The Treasury Department said Wednesday that the February deficit totaled $220.9 billion, 14 percent higher than the previous record set in February of last year.
The deficit through the first five months of this budget year totals $651.6 billion, 10.5 percent higher than a year ago.
March 02, 2010, 01:01 PM
Originally Posted: March 01, 2010
Even if President Obama's healthcare reform plan dies in Congress, Republican analysts and pollsters believe that the soaring federal deficit and congressional spending will be the dominating political issues this year, possibly sparking a new call for a constitutional amendment to balance the budget.
Even if President Obama's healthcare reform plan dies in Congress, Republican analysts and pollsters believe that the soaring federal deficit and congressional spending will be the dominating political issues this year, possibly sparking a new call for a constitutional amendment to balance the budget.
February 25, 2010, 06:48 PM
President's Plan Projects $1.75 Trillion Deficit
Originally Posted: Feb 26, 2009
WASHINGTON (AP) President Obama sent to Congress today his $3.55 trillion budget plan for 2010.President Barack Obama charted a dramatic new course for the nation Thursday with a bold but contentious budget proposing higher taxes for the wealthy and the first steps toward guaranteed health care for all — accompanied by an astonishing $1.75 trillion federal deficit that would be nearly four times the highest in history.
Originally Posted: Feb 26, 2009
WASHINGTON (AP) President Obama sent to Congress today his $3.55 trillion budget plan for 2010.President Barack Obama charted a dramatic new course for the nation Thursday with a bold but contentious budget proposing higher taxes for the wealthy and the first steps toward guaranteed health care for all — accompanied by an astonishing $1.75 trillion federal deficit that would be nearly four times the highest in history.


















