The New York Times reported Friday, “As they opened negotiations with Republicans over budget cuts, the White House and Congressional Democrats on Thursday offered to trim an additional $6.5 billion from current spending, a figure far short of the Republican goal of cutting agency budgets by $61 billion.” Indeed, the press widely acknowledged how far […]

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  Yesterday, President Obama signed a bill keeping the government funding for two weeks that cuts spending by $4 billion after it passed both the House and Senate with large bipartisan majorities. Speaking on the Senate floor today, Republican Leader Mitch McConnell observed, “We’ve insisted on shrinking the size of government. And yesterday we delivered, […]

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ABC News reports, “The Senate today passed a stop-gap spending bill to avert a government shutdown at week’s end and buy lawmakers two more weeks to reach a long-term funding deal . . . . The Senate voted 91-9 to pass the two-week extension that would cut $4 billion in funding. The bill now goes […]

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  Reuters wrote Monday, “As lawmakers returned from a weeklong break, budget-cutting Republicans pressured President Barack Obama’s Democrats to accept a proposal to trim $4 billion over the next two weeks by eliminating programs that Obama has also targeted. ‘This week, Democrats will have an opportunity to show that they’ve gotten the message,’ Senate Republican […]

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Hat tip:PoliticMo [kml_flashembed movie=”http://www.youtube.com/v/qyh2-Awcgnc” width=”425″ height=”350″ wmode=”transparent” /]

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President Obama’s budget for the 2012 fiscal year was roundly panned by members of Congress and editorial boards alike over the last two days. The Los Angeles Times editorial board summarized the overall reaction: “President Obama’s budget for fiscal year 2012 landed with a thud Monday, laying out short- and long-term tax and spending plans […]

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  President Obama released his budget for the 2012 fiscal year today, and it’s landed with a thud.  ABC’s Jake Tapper quickly pointed out the bottom line on Obama’s $3.7 trillion proposal this morning: “The plan shows that Obama will not take the lead on any aggressive measure to eliminate the nation’s $14 trillion debt. […]

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The Wall Street Journal reports, “President Barack Obama’s budget proposal is expected to give states a way to collect more payroll taxes from businesses, in an effort to replenish the unemployment-insurance program. . . . The proposal would aim to restock strained state unemployment-insurance trust funds by raising the amount of wages on which companies […]

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One Day After Asking Job Creators To Help ‘Win The Future’ By Hiring ‘More American Workers,’ Reports Surface That President Obama Will Propose Raising Taxes On Jobs. Go figure! “President Barack Obama’s Budget Proposal Is Expected To Give States A Way To Collect More Payroll Taxes From Businesses, In An Effort To Replenish The Unemployment-Insurance […]

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Speaking on the floor this morning, Senate Republican Leader Mitch McConnell said, “In their Monthly Budget Review, the Congressional Budget Office said that if the current spending levels are frozen at the same level as they are now, and Congress were to enact no other legislation affecting spending or revenues, the federal government would end […]

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