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Obama is still running huge annual deficits Irregular CircumstancesNot PolicyHave Reduced the Deficit So Far This Year Obamapologists have been pointing to the shrinking budget deficit as proof that the economy is heading in the right direction.
Our plan to make the Bank of England independent was still under wraps, but the then Shadow Chancellor told that year's CBI conference that the next Labour government would lock in price stability by keeping the inflation target. I've been back to
They are, for instance, effectively exempt from the sequester's cuts even though they represent two-thirds of all government spending. Bob is on to something but he misses a key piece of the storytax subsidies, or what we might call tax entitlements.
Since the Portuguese government and the troika comprising the European Union, the International Monetaray Fund and the European Central Bank clinched the 78-billion-euro (about 105 billion U.S. dollars) bailout agreement in May 2011, the government's
He is the author of "Jimmy Carter" and "Governing America." (CNN) -- Now that there is a respite in the debate in Congress over Syria, the budget wars are resuming. Regardless of how tired the public has become of watching the parties wrangle over
After the economy grew for two consecutive quarters and growth forecasts were revised from the terrible to the merely mediocre, George Osborne has decided it's time to declare victory. In his speech earlier today in east London, the Chancellor
The Harper government included communications strategists in closed-door discussions that led to an estimated $60 million in cuts at Environment Canada in the 2012 federal budget, according to internal briefing documents obtained by Postmedia News.
38 pm Needless to say, the impact of immigration on the budget is a complicated question, and a subject of lively debate. In no small part, that is because economists disagree on what to measure. The effect of pending legislation, or of current
The Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) are estimated in a report released yesterday that enacting Senate Bill "S. 744," Border
Political scandals keep pundits busy, but they don’t stop the days on the calendar from moving forward. No matter what President Barack Obama’s legacy becomes, he will have to convince the tea party Caucus in the Republican-