Tags » Budget Deficit

Budget deficit to bottom out this year, CBO predicts

The U.S. budget deficit will decline slightly to $468 billion this fiscal year, the lowest level since President Barack Obama took office, congressional forecasters said on Monday in a report heralding the end of a brief period of dramatically shrinking red ink. 344 more words

'Obstruction works’: Senate Dems budget deficit brag backfires

The Senate Dems were excited enough about this AP story to give it a retweet:

RT @AP: BREAKING: Congressional Budget Office: Budget deficit to shrink to lowest level since Obama took office.

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US Politics

2014-2016 Pay Scales

Pay scales for 2014- March 2016 are available here to download (NB the figures do not take into account those local authorities who pay the living wage)



Alberta: Government By Trial Balloon

“The chickens are coming home to roost, and you live in the chicken house.”– General MacArthur to President Kennedy during the Bay of Pigs crisis. … 947 more words

Politics And Government

Kansas Democrats outline opposition to governor's budget

TOPEKA, Kan. (AP) — Republican Gov. Sam Brownback’s budget recommendations are regressive and his school funding plans unconstitutional, the state Senate’s top Democrat said Friday. 314 more words


Crowding Out

   By Bob Shapiro

Back in 1971-72, the Wall Street Journal ran a pair of editorials on how the government was crowding out the private sector. Back then, it was the “massive” official National Debt plus Unfunded Liabilities – together about $4 Trillion then compared to today approaching $250 Trillion. 610 more words

GDP & Employment

Baker: Massachusetts Facing $765 Million Budget Deficit

BOSTON (AP) — The state’s budget deficit for the current fiscal year is projected at $765 million, and more spending cuts will be needed to help close the gap, Gov. 457 more words