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Archive for the 'Budget' Category

Washington DC - March 11 - Treasury Secretary Timothy F. Geithner offered testimony before the House Committee on Appropriations on the department’s Fiscal year 2011 budget and its efforts at reinforcing strong, broad-based economic growth.

To read the entire report, CLICK HERE

Washington DC - March 10 - House Democratic leaders are working on reform of congressional earmarks that most likely would impose a one-year ban on earmark expenditures to for-profit companies, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - March 5 - U.S. Senator Russ Feingold is offering an amendment to cancel unspent earmarks, which could save taxpayers about $600 million and possibly billions more over time.

To read the entire report, CLICK HERE

Washington DC - March 2 - A March 2010 report from the Trust for America’s Health and the Robert Wood Johnson Foundation found federal spending for public health has been flat for nearly five years, while states cut nearly $392 million for public health programs in the past year.

To read the entire report, CLICK HERE

Washington DC - February 19 - President Obama issued an executive order establishing the National Commission on Fiscal Responsibility and Reform, charged with identifying policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run.

To read the entire report, CLICK HERE

Washington DC - February 8 - Wisconsin lawmakers Senator Russ Feingold and Congressman Paul Ryan are urging President Obama to support their line item veto legislation to help eliminate wasteful congressional earmarks.

To read the entire report, CLICK HERE

Washington DC - February 3 - President Obama proposed $1.82 billion in funding for 27 major transit construction projects that will create jobs and increase transportation options throughout the United States.

To read the entire report, CLICK HERE

Washington DC - February 2 - Members of Congress wasted no time taking sides as the debate begins over President Obama’s $3.8 trillion budget to address high unemployment and reverse a “decade of profligacy”, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - February 2 - The FY 2011 budget request for the U.S. Commerce Department reflects priorities that will spur the growth of U.S. exports and the jobs that come with them, improve scientific and technological capabilities and upgrade capabilities for weather and climate observations and forecasting.

To read the entire report, CLICK HERE

Washington DC - February 2 - Treasury Secretary Timothy F. Geithner spoke before the Senate Committee on Finance to discuss President Obama’s Fiscal Year 2011 Budget.

To read his full statement, CLICK HERE

Washington DC - February 2 - President Obama submitted his FY 2011 budget, a response to inherited record deficits and high unemployment, asking Republicans and Democrats alike to leave wasteful practices behind, to create jobs and opportunity now and in the future and lay a new foundation for lasting growth.

To read his remarks, CLICK HERE

Washington DC - February 1 -  President Obama proposed a $100 billion jobs bill to fight ongoing high unemployment along with taxes on banks and the wealthy to work towards reducing the deficit as part of his $3.8 trillion budget blueprint submitted to Congress, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - January 26 - The Federal budget deficit is expected to improve slightly, thanks in part to lowered costs of the Treasury Departments bank bailout and improved economic growth, according to an article in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - January 21 - President Obama will direct the Office of Management and Budget, together with the Treasury Department and other federal agencies, to take steps to block contractors who are delinquent on their taxes from receiving new government contracts.

To read the entire report, CLICK HERE

Washington DC - January 12 - President Obama is considering a fee on financial institutions to recover costs of the $700 billion bailout of the banking industry as he prepares to submit his annual budget, according to an article in The Washington Post.

To read the Washington Post article, CLICK HERE