You are browsing the archive for federal budget.

OUR OPINION: Heed CEOs’ call for a debt plan

October 28, 2012 in Grand Forks Herald

The Simpson-Bowles proposal is bipartisan, it’s realistic and now that the chief executives of some of America’s leading employers have weighed in, it can and should be done. Continue Reading

Federal budget cuts could impact area programs

October 28, 2012 in Grand Forks Herald

Before the end of the year, Congress must agree on a plan to reduce the federal deficit or face drastic, automatic across-the-board cuts to almost all federal programs totaling more than $1 trillion over the next 10 years.
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Contentious GOP budget plan approved by House panel

March 22, 2012 in Grand Forks Herald

There’s lingering resentment among tea party lawmakers that the bold but contentious blueprint doesn’t go far enough, even though it calls for cutting $5.3 trillion from President Barack Obama’s budget over the coming decade, including sweeping cuts to federal health care programs and social programs aimed at the poor.
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House GOP unveil budget blueprint

March 20, 2012 in Grand Forks Herald

Conservative Republicans controlling the House unveiled a budget blueprint today that combines slashing cuts to safety net programs for the poor with sharply lower tax rates in an election-year manifesto painting clear campaign differences with President Barack Obama.
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House GOP unveil budget blueprint

March 20, 2012 in Grand Forks Herald

Conservative Republicans controlling the House unveiled a budget blueprint today that combines slashing cuts to safety net programs for the poor with sharply lower tax rates in an election-year manifesto painting clear campaign differences with President Barack Obama.
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House GOP may walk away from budget pact with Obama

March 7, 2012 in Grand Forks Herald

Democrats and the White House are crying foul, and many GOP veterans warn it will produce gridlock later, when the House turns to spending bills setting agency budgets for the fiscal year that begins Oct. 1. Continue Reading

Nonpartisan study: Gingrich, Santorum plans hike deficit; Paul plan lessens red ink flow

February 23, 2012 in Grand Forks Herald

Massive tax cuts proposed by GOP presidential candidates Newt Gingrich and Rick Santorum would cause the national debt to explode while Mitt Romney’s budget plan could generate red ink in line with current projections, according to a new study released today by the Committee for a Responsible Federal budget. Ron Paul, meanwhile, is the only candidate whose spending cuts exceed the amount of revenue lost by cutting taxes.
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Obama tells Congress to ‘keep going’ on more economic recovery measures

February 21, 2012 in Grand Forks Herald

President Obama urged lawmakers to push forward on more measures, from assistance to struggling homeowners to increased taxes on the wealthy, saying the looming election was no excuse for inaction in Washington. Continue Reading

Congressional deal trims maximum U.S. jobless benefit period to 73 weeks

February 17, 2012 in Grand Forks Herald

Millions of Americans will continue to receive long-term unemployment benefits under legislation approved today in Congress, but the scope of the program is being scaled back to cover fewer people by the end of the year. Continue Reading

House begins debate on extending payroll tax cut

February 17, 2012 in Grand Forks Herald

The House kicked off debate today on extending a payroll tax cut for 160 million workers and jobless benefits for people out of work the longest, a showdown that many legislators hope will finally end a standoff that has dominated Washington since the fall. Continue Reading