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Keep the change The federal deficit has quadrupled and the unemployment rate has doubled. Yep, that's change you can believe in (and cry and scream over, too)! ...more
October 23, 2009
The White House plans to announce the federal deficit will be about $262 billion less than officials predicted earlier this year — in part because the administration has provided less aid than expected to Wall Street. ...more
August 19, 2009
The sight of the nation's capital lit up at night still inspires U.S. Rep. Ginny Brown-Waite whenever she returns to Washington, D.C. ...more
March 11, 2009
No, the headline above isn't asking you what you're doing. Instead, it is a question county officials are asking Pinellas residents as they decide how to deal with a projected revenue shortfall for the 2010 fiscal year. ...more
February 28, 2009
President Barack Obama laid out his first budget plan Thursday predicting a stunning federal deficit of $1.75 trillion this year - nearly four times last year's record - and asking Congress to raise taxes on the wealthy to stem that flood of red ink while still moving the country toward guaranteed health care for all. ...more
February 27, 2009
President Barack Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half during the next four years, primarily by raising taxes on business and the wealthy and by slashing spending on the wars in Iraq and Afghanistan, administration officials said. ...more
February 22, 2009
President Barack Obama's wants to cut the federal deficit in half by the end of his first term, mostly by scaling back Iraq war spending, raising taxes on the wealthiest Americans and streamlining government, an administration official said Saturday as the president worked to finalize his first budget request. ...more
February 21, 2009
Does Washington really need to do this? Many economists from across the ideological spectrum say yes, although an increasingly vocal group of free-market thinkers says no. ...more
February 2, 2009
President-elect Barack Obama announced Wednesday that he is creating a new high-level position to wring waste and inefficiencies out of government, as part of a broader push to bring more discipline to federal spending. ...more
January 8, 2009
What's left in Uncle Sam's economic tool kit? The commitment of $700 billion didn't impress markets here and around the world. Neither did fresh interest rate cuts. Stocks plunged again Thursday. ...more
October 10, 2008
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