- All politics, all the time

Gov. Haley blames 'psychotic' Washington for spending cuts
February 25th, 2013
03:26 PM ET
83 days ago

Gov. Haley blames 'psychotic' Washington for spending cuts

(CNN) – Republican Gov. Nikki Haley of South Carolina blew off some steam Monday, criticizing lawmakers in Washington for letting partisan bickering get in the way of balancing the budget.

"I could not be more frustrated than I am right now. How many more times are the governors going to have to pick up the mess of Washington DC?" she said at a press conference in the nation's capital for the Republican Governors Association.
FULL POST


Filed under: Bobby Jindal • Debt • Deficit • Nikki Haley • RGA
'These cuts do not have to happen,' Obama says
February 25th, 2013
12:43 PM ET
82 days ago

'These cuts do not have to happen,' Obama says

(CNN) – In his latest push to pressure Congress before a series of massive, across-the-board forced spending cuts kick in on Friday, President Barack Obama is bringing state governors into the conversation.

The president spoke Monday morning before the National Governors Association at the White House, where he urged the state executives to weigh in on the matter.
FULL POST


Filed under: Debt • Deficit • President Obama
Spending cuts showdown may drag on
February 25th, 2013
07:28 AM ET
83 days ago

Spending cuts showdown may drag on

New York (CNNMoney) - Chances are slim that Congress will avert the automatic spending cuts before they take effect on Friday. It's more likely lawmakers will reach a deal to replace the cuts after they begin.
But there's no telling when.

Funding for numerous federal agencies and programs will be slashed, half from defense and half from nondefense spending.

FULL STORY

Filed under: CNNMoney.com • Congress • Debt • Deficit
Obama urges Republicans to act on spending cuts
February 23rd, 2013
06:00 AM ET
85 days ago

Obama urges Republicans to act on spending cuts

(CNN) - In another plea for congressional action, President Barack Obama on Saturday warned of the pitfalls should a series of automatic, across-the-board spending cuts go into effect late next week.

The president faulted Republicans for not acting and urged lawmakers to avert the crisis by drawing up a deficit-reduction plan that has both spending cuts and revenue.
FULL POST


Filed under: Congress • Debt • Deficit • President Obama
Poll: Majority of Americans want to delay forced spending cuts
February 21st, 2013
10:03 PM ET
86 days ago

Poll: Majority of Americans want to delay forced spending cuts

(CNN) – A new survey shows that a majority of Americans want Congress to stop the looming forced spending cuts from going into effect next week.

Fifty-four percent want Congress to delay the cuts, while 40% say the government should go ahead and allow the cuts to kick in, according to a Bloomberg News poll released Thursday.
FULL POST


Filed under: Congress • Debt • Deficit • Polls
February 21st, 2013
08:38 PM ET
86 days ago

Lawmakers say they'd take pay cut, but they can't

Washington (CNN) – Pain from forced spending cuts is a week away and lawmakers are preparing their aides for the fallout that could hit them like other government workers.

"We've actually budgeted with a 10% cut in mind," Rep. Cheri Bustos, D-Illinois, told CNN last week.

FULL STORY

Filed under: Debt • Deficit
February 21st, 2013
07:15 PM ET
86 days ago

Borger: Spending cuts Groundhog Day

(CNN) - As the nation braces for the required spending cuts set to take effect in next week, CNN Chief Political Analyst Gloria Borger talks about how this is Groundhog Day.

The White House and congressional Republicans have continually kicked the can down the road when it comes to trying to deal with the nation’s deficit. As we have seen many times in the past few years, will Washington reach a deal when faced with the immediate deadline?


Filed under: Congress • Debt • Deficit
Obama pushes Congress to avoid forced spending cuts
February 19th, 2013
11:22 AM ET
89 days ago

Obama pushes Congress to avoid forced spending cuts

Washington (CNN) – President Barack Obama warned Tuesday of diminished emergency services, longer airport security lines and other problems if Congress fails to reach agreement on avoiding the harshest impacts of automatic, across-the-board spending cuts set to begin March 1.

With firefighters, police officers and other emergency responders standing behind him, Obama said that "people will lose their jobs" if the forced cuts are allowed to take effect.

FULL STORY

Filed under: Debt • Deficit • President Obama
Breaking: Forced budget cuts will hurt economy, Obama says
February 19th, 2013
11:02 AM ET
89 days ago

Breaking: Forced budget cuts will hurt economy, Obama says

(CNN) – President Barack Obama said Tuesday that forced spending cuts set to take effect March 1 won't grow the economy or create jobs, which he called the top priorities of his administration.

He warned that "people will lose their jobs" if the cuts take effect, and he called on Congress to pass a smaller package to avoid the harshest impacts if a more comprehensive agreement can't be reached in less than two weeks.

Republican ideas, he added, for avoiding forced budget cuts "ask nothing" from the wealthiest Americans or big corporations, saying that the GOP prefers having the reductions take effect instead of having "a single tax loophole" disappear for those who don't need it.


Filed under: Debt • Deficit • President Obama
Spending cuts: What you need to know
February 19th, 2013
07:34 AM ET
89 days ago

Spending cuts: What you need to know

New York (CNNMoney) – The budgets of most federal government programs and agencies will shrink on March 1.

Congress could prevent that from happening, but it's not likely to do so before the deadline.

FULL STORY

Filed under: Budget • Congress • Debt • Deficit
« older posts
newer posts »