Budget


Dave Johnson's picture

Conservatives Caused Huge Deficits, Blame Obama

Headline at Drudge Report: Obama policies projected to add $9.7 trillion to debt by 2020... points to this story, National debt to be higher than White House forecast, CBO says, more »

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Dave Johnson's picture

Jobs: Bail Out States, Yes Or No?

In Big Push Needed For Win 60 Votes For State Aid ... And More Private Sector Jobs, Bill Scher writes of the need for,

...a major grassroots push to secure critical aid for fiscally distressed state governments and help tackle the jobs crisis.

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Dave Johnson's picture

Huge 2009 Budget Deficit -- Just One More Conservative Failure

Conservatives claim that President Obama "tripled the deficit" and point to the huge 2009 budget deficit as proof. The fiscal-year 2009 deficit, as reported in October was, indeed, about triple the prior year's borrowing. But the 2009 budget was the last budget year of the prior, conservative administration. more »

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Isaiah J. Poole's picture

Deficit Commission Opponents Send A Warning To Congress And President Obama

Progressive leaders representing more than 50 groups participated in a news conference call to oppose a controversial plan to create a “fast track” deficit commission being pushed by Democratic Sen. Kent Conrad, D-N.D. and Republican Sen. Judd Gregg, D-N.H. more »

Tell The Washington Post: Don't Let Conservatives Write The News

The Washington Post has turned over its news pages to an organization, founded by billionaire austerity activist Pete Peterson, dedicated to undermining Social Security and Medicare, and stifling public investment in America's future. We can't have an informed debate over economic recovery when seemingly objective media violates basic journalism ethics and chooses sides. Tell the Washington Post ombudsman: Sever all ties with Pete Peterson and The Fiscal Times. more »


Roger Hickey's picture

The Washington Post Lets Pete Peterson Write The News On The Deficit

On the last day of 2009, The Washington Post published an article, presented as a news story, which could be a signal of the death of the Post as an independent and objective news source.

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Dave Johnson's picture

Save Social Security - 10 Questions for the Deficit Commission

It is possible that there is going to be a “deficit commission” to look for ways to reduce our country’s budget deficits. I have some questions for them to ask to help get things started in the right direction: more »

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Bernie Horn's picture

U.S. Military Spending Overwhelms the Rest of the World

Yesterday, the Stockholm International Peace Research Institute (SIPRI) issued its annual report on global military spending. Worldwide, governments spent a record $1.46 trillion on their armed forces in 2008. The United States accounted for 42 percent of the global arms spending. When will we realize that’s simply too much?

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Fight For Obama's Budget

March - April 2009

After the success of passing the American Recovery and Reinvestment Act, President Obama's next big priority was to pass the fiscal 2010 federal budget resolutions. Once again, the conservative opposition mounted a fierce campaign to embrace the failures of Herbert Hoover and the Bush presidency, and even supported an alternative budget which called for more Bush-style tax cuts for corporations and the wealthy as a way to get us out of the recession those same policies helped create. Once again, we called on the progressive community to fight for real solutions from Congress. more »


Alan Jenkins's picture

The State of Opportunity

As Obama’s first 100 days draw to a close, new research shows that addressing today’s economic crisis will require reinvesting in a bedrock American principle: Opportunity. more »

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