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With the nation's unemployment rate at its highest point in 26 years and projected to rise, the Obama administration is intensifying its search for policies that can stoke job creation without adding significantly to the nation's crippling budget deficit....
Tags: Peter Orszag, New York University, Barack Obama, budget deficit, Treasury Department, budget director, director peter, house budget
President Barack Obama's budget chief on Wednesday defended the White House's $787 billion economic stimulus package, saying it will soon "ramp up" as planned and emphasizing that judging the plan based on recent jobs figures is "misleading." "The recovery...
Tags: Barack Obama, Peter Orszag, budget director, U.S, White House, director peter, presidency barack, house budget, stimulus package
A leading House and two Senate healthcare plans took a big hit last week when Congressional Budget Office Director Douglas Elmendorf testified that those plans each “significantly expands the federal responsibility for healthcare costs.” That testimony...
Tags: White House, Barack Obama, budget director, Congressional Budget Office, president barack, care reforming, Peter Orszag, house budget, Doom Health Care Reforms, Kathleen Sebelius
Facing an economy that gets bleaker by the day, Gov. Deval L. Patrick announced a new budget deficit that could top $550 million before the year is out forcing another round of layoffs and job reductions in state government and even a five-day furlough...
Tags: Massachusetts House, Globe Staff House, local aid, Deval Patrick, budget cut, budget deficit, house budget, State Senate
Georgia’s teachers could face six unpaid furlough days a year as the state grapples with a massive budget shortfall. Teachers have so far been immune to state-mandated furloughs that have hit other state agencies hard. The chairman of the House budget...
Running for president, Barack Obama famously paraphrased William Faulkner: "The past isn't dead and buried," Obama said. "It isn't even past." In the latest proof that the past can be hard to shake, the White House finds itself mired in a year-old battle...
Tags: Barack Obama, Peter Orszag, budget director, spending bills, Congress, president barack, house budget, White House, relief pitcher, U.S
House budget writers are taking up the battered budget for health care for the state's poor, disabled, elderly and children as lawmakers renew calls for raising the state's cigarette tax to pay for the program. The state Department of Health and Human...
Tags: cuts, medicaid, budget cuts, SC House, house budget
Richard Darman, a former White House budget director who helped convince former President George H.W...Darman died in Washington after battling leukemia for several months, according to a statement issued by former Secretary of State James
Tags: Richard Darman, budget director, house budget, darman died