News tagged with “trillion”. Found:
84 tagged news reports.
Your Search Returned 84 tagged news reports
Big government is back as Barack Obama pledges that the US will give a lead to the world
London :: United Kingdom | 11 months ago
Credibility
The world is “watching and waiting for America to lead once more”, Barack Obama proclaimed yesterday as he set out the case for an economic policy that heralds a return of big-spending government intervention. In his first major speech since winning the...
Tags: obama, barack, trillion, america, speech, world, election, Barack Obama, signed, John McCain
Businessweek: Pension Losses Will Devour Corporate Earnings
New York City :: NY :: USA | 11 months ago
Credibility Pension plan losses are about to knock out $70 billion of corporate earnings, according to a report by consulting firm Mercer . Huge investment losses have left the funds of the Standard & Poor's 1500 some $409 billion in the red, the firm estimates in...
Tags: trillion, loss, Mercer, pension plans
U.S. Congressional Budget Office projects $1.2 trillion deficit in 2009
Washington :: DC :: USA | 11 months ago
Credibility The U.S. federal budget deficit will hit an unprecedented $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures. The eye-popping estimates reflect plummeting tax revenues because of the recession and about $400...
Economists Warn Against Feeding 'Trillion-Dollar Deficits'
Washington :: DC :: USA | 11 months ago
Credibility After betting the farm, the Benz, the Rolex and the college fund, Congress is about to take another $800 billion economic stimulus gamble. But economists say it may be time for an intervention. The federal budget deficit already is projected to reach...
Tags: deficit, president, stimulus, economic stimulus, trillion, barack, obama, politicians, latest, Mark Zandi
Obama pledges to take on entitlement spending
Seattle :: WA :: USA | 11 months ago
Credibility We expect that discussion around entitlements will be a part, a central part of those plans," Obama said. "And I would expect that by February in line with the announcement of at least a rough budget outline we will have more to say about how we're going...
Budget deficit to reach $1.2 trillion
Baghdad :: Iraq | 11 months ago
Credibility The federal budget deficit will rise to a record $1.2 trillion this year, and a package of new spending increases and tax cuts planned by President-elect Barack Obama and congressional Democrats will push that figure higher, the Congressional Budget Office...
Obama Warns Trillion Dollar Deficit Could Lead to Extensive Government Budget Cuts
Mexico City :: Mexico | 11 months ago
Credibility President-elect Barack Obama is warning the U.S. deficit will top one trillion dollars this year, leading to what he says could be extensive cuts to government budgets. Obama made the warning Tuesday as he meanwhile prepares an economic stimulus package...
Tags: trillion, obama, deficit, budget, president, economic stimulus, barack, stimulus, Obama Warns Trillion, government budget
Obama says expects deficit to approach $1 trillion
President-elect Barack Obama said on Tuesday that he expects to inherit a U.S. budget deficit approaching $1 trillion and that his administration would have to make some tough budget choices. Just after meeting with his economic team, Obama said it was...
Obama projects $US1 trillion budget deficit
Washington :: DC :: USA | 11 months ago
Credibility President-elect Barack Obama said the US will soon face a $US1 trillion budget deficit and similar shortfalls are in store “for years to come” as the government grapples with a recession and other spending demands. A “trillion dollar deficit will be here...
Tags: deficit, trillion, budget, president, obama, year, barack, stimulus, 2009, economic stimulus
Dems dump chairmen term limits
Washington :: DC :: USA | 11 months ago
Credibility Democrats agreed to the package Monday night, and Republicans are expected to protest these changes when the House votes on the measure Tuesday even though there’s little the GOP can do to block the rules changes. This move rolls back reforms first established...
Tags: democrat, republican, trillion, obama, barack, House Democrats, New House, GOP, Nancy Pelosi
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