In 2009, The Obama Administration Told The Public That If The “Stimulus” Were Passed, The Unemployment Rate Would Not Pass 8.0%. Despite The Enactment Of A Stimulus Bill That Cost More Than $1 Trillion, The Unemployment Rate Peaked At 10.0% In October 2009.
On Tuesday, President Obama revealed his budget proposal for fiscal year 2015. It proposes $3.9 trillion in spending, while raising taxes in an effort to reduce the debt. The President’s budget has no real chance of passing Congress, but has become a rallying point for Democrats of where they want to begin budget negotiations.
On March 4, 2014, President Obama released his annual budget proposal for fiscal year 2015. While overall the president is calling for $56 billion more in spending than previously set by the Ryan-Murray budget, the proposal also includes a special $5.5 billion provision for insurance providers.
On March 4, 2014, President Obama released his annual budget proposal. In 2015, 69% of the $3.9 trillion federal budget would be spent automatically without any Congressional control. Under the President’s proposed budget, mandatory spending and interest payments would grow unchecked and consume 80% of all federal spending in 2024.
On Feb. 13, 2014, the Government Accountability Office (GAO) determined the Department of Energy’s (DOE) Savannah River Site had been poorly managing costs.
On March 4, 2014, President Obama released his annual budget proposal. Gross federal debt has increased by $6.836 Trillion (64.3%) in just 5 years under President Obama. Under the president’s new proposal, debt is projected to grow by an additional $7.1 trillion over the next decade.
After a one month delay, today President Barack Obama will finally release his fiscal year 2015 budget outline
President Barack Obama is scheduled to release his fiscal year 2015 budget outline tomorrow.
The Centers for Medicare and Medicaid Services (CMS) has released the third federal government report in as many weeks outlining the unintended consequences of government overreach.
According to several news sources, Defense Secretary Chuck Hagel’s fiscal year 2015 budget for the Pentagon will outline several significant spending cuts and reforms.