budget cuts

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Budget Meeting Fails to Avert Shutdown

Shutdown would be 'inexcusable,' Obama says after talks with Reid, Boehner

(Newser) - President Obama emerged from a late-night meeting with John Boehner and Harry Reid Wednesday with no deal to avert a government shutdown. The president told reporters, however, that the 90-minute talk had helped to "narrow the issues" and he's still confident that a deal can be forged before the...

Shutdown Would Furlough 800K Federal Workers

Military wouldn't get paychecks; Obama, Boehner, and Reid meet tonight

(Newser) - Lots more bluster today, but no apparent progress on averting a government shutdown that would begin at midnight Friday. As crunch time nears, President Obama is scheduled to meet tonight with John Boehner and Harry Reid, reports Reuters . The White House, meanwhile, warned that 800,000 federal workers would be...

Dems 'Win' if Government Shuts Down: Boehner

And with no compromise yet reached, that possibility looms

(Newser) - The possibility of a government shutdown looms larger today after yesterday's back-to-back meetings in Washington failed to bring a compromise. For the past week, House Republican leaders and Senate Democrat leaders have been discussing $33 billion in cuts, but John Boehner yesterday said he may seek up to $40 billion....

To Stave Off Shutdown, GOP Wants $12B in Cuts

New cuts would offer one-week delay

(Newser) - Once again, a government shutdown looms Friday—and another delay will cost $12 billion in budget cuts if the GOP has its way. The House Appropriations Committee is drafting a bill that will, for another $12 billion in new cuts, keep domestic agencies and the State Department running for one...

Lawmakers Busy Sniping as Budget Talks Stall

Obama calls White House meeting as deadline looms

(Newser) - The federal government is careening rapidly toward a shutdown, so Democrats and Republicans alike are scrambling to ... lob political grenades at each other. Still. A roundup of the latest:
  • President Obama today invited John Boehner, Harry Reid, and other top lawmakers to the White House tomorrow morning to "urge
...

New GOP Budget Would Cut $4T

Plan would drastically slash Medicare

(Newser) - In an attempt to reframe the budget debate, Republicans are proposing a 2012 budget that features $4 trillion in spending cuts over the next decade—and would end Medicare as we know it, reports the Wall Street Journal . Democrats won’t likely support the 2012 plan, helmed by House Budget...

CHIMPS May Help Avert Government Shutdown

Cuts in mandatory programs can help reach magic number: Schumer

(Newser) - Your trendy government acronym of the day: CHIMPS, as in "changes in mandatory program spending." The wonk-speak emerged today on the Sunday talk shows as a way to avoid a government shutdown, reports the Wall Street Journal . Charles Schumer said Democrats have come up with $10 billion worth...

Why I Joined the Budget Protest Fast
 Why I Joined the 
 Budget Protest Fast 
MARK BITTMAN

Why I Joined the Budget Protest Fast

The GOP budget will directly cause people to go hungry

(Newser) - More than 4,000 people are fasting in protest of the GOP’s proposed budget cuts—and food writer Mark Bittman is one of them. That may seem surprising—“after all, I eat food for a living”—but once he took a good look at the proposed cuts,...

As Shutdown Approaches, Congress Just Squabbles

Dems blame GOP-Tea Party divide, Cantor blames Dems, hilarity ensues

(Newser) - Negotiations between Democrats and Republicans are going so poorly that it’s looking more and more likely that the government will shut down when its current temporary funding measure expires April 8, the Wall Street Journal observes. Both sides spent yesterday criticizing each other, with Harry Reid blaming the lack...

Hunger Activists Starve to Protest GOP Budget Cuts

Cuts come 'on backs of poor, hungry,' say strikers

(Newser) - With the GOP salivating over budget cuts, a group of religious leaders and anti-hunger activists are going on a hunger strike in response to measures they say go too far. “The budget is a moral document,” said former Rep. Tony Hall, the head of the Alliance to End...

Dems to Offer GOP Another $20B in Spending Cuts

...bringing total to $30B, which may not satisfy Republicans

(Newser) - With the threat of a government shutdown less than two weeks away, all eyes are on the budget. The White House and congressional Democrats are working on a proposal to cut another $20 billion in spending, insiders tell the Wall Street Journal . It’s the biggest cut the administration and...

Budget-Slashing Governors See Poll Numbers Plummet

Voters singing different tune as promises of tough cuts materialize

(Newser) - Last year, Americans voted in a wave of governors who vowed to cut spending—but now that leaders are actually doing so, their constituents seem to be having second thoughts. One poll finds just 30% approve of the performance of GOP Ohio Gov. John Kasich, who earlier this month outlined...

House Passes Stopgap Bill Despite GOP Defections

More than 50 Republicans opposed it

(Newser) - The House today passed a measure blending $6 billion in budget cuts with enough money to keep the government running for an additional three weeks. The measure would buy additional time for talks between Capitol Hill Republicans and the Obama administration on a bill to fund the day-to-day operations of...

EJ Dionne: No, We're Not Broke -- Budget 'Crisis' Is Fake
 Budget 'Crisis' 
 Is Made-Up 
EJ DIONNE

Budget 'Crisis' Is Made-Up

It's an 'arresting metaphor' to push ideological agenda

(Newser) - We keep hearing that “we’re broke”—a good way for politicians to make a deceptive case for cutting taxes on the rich and cutting social programs. But the fact is, “we’re not broke,” writes EJ Dionne in the Washington Post . “Yes, nearly all...

We Want to Cut Foreign Aid— and Expand It

Americans think it's 25% of the budget. In fact, it's 1%, and it works: Ken Hackett

(Newser) - Americans think foreign aid should be the first casualty of budget-trimming, a poll shows—but we also want it to be 10 times what it is now. That’s because most Americans think foreign aid makes up a quarter of the federal budget, and want to cut it to 10%....

Paul Krugman: GOP Budget Cuts Would Destroy Recovery
 GOP Cuts Would 
 Destroy Recovery  


paul krugman

GOP Cuts Would Destroy Recovery

House Republicans relying on 'Confidence Fairy' with job-killing measures

(Newser) - We’re finally clawing our way up from the bottom of the very deep hole that is the recession: Unemployment has dipped amid a "virtuous circle of rising incomes and improving finances." Yet House Republicans are pushing spending cuts that would send us right back down again, writes...

Boehner: We Will Cut Social Security, Medicare

'Most Americans don't have a clue' about the problem, says Speaker

(Newser) - John Boehner wants cuts to Social Security and Medicare in next year's fiscal budget, even if voters may not like it, he tells the Wall Street Journal in an interview. “Most Americans don't have a clue” about “how big the problem is,” and it’s time for...

Protesters Face Down Berkeley Riot Cops

Activists win concessions after 7 hours on ledge

(Newser) - A tense day of protests against massive budget cuts at UC Berkeley ended with protesters claiming victory. Eight activists who spent seven hours chained together on a fourth-floor ledge as riot police faced off with protesters below came down after reaching an agreement with campus officials, the San Francisco Chronicle...

Wisconsin Gov. Unveils Deep Spending Cuts

Scott Walker seek $4.2 billion in cuts, warns they could go even deeper

(Newser) - Gov. Scott Walker unveiled a budget plan Tuesday that balances the Wisconsin's budget by cutting more than $1 billion in state aid to schools and local governments. The Republican said the state is broke and the cuts are necessary to deal with a projected $3.6 billion deficit over the...

Economist: GOP Cuts Would Kill 700K Jobs

House's budget would cut GDP growth by 0.5% in 2012

(Newser) - The spending cuts in the Republicans’ budget proposal would cost the country up to 700,000 jobs and hurt the country’s economic growth, according to Moody’s chief economist. Mark Zandi estimates that the proposed budget would reduce GDP growth by 0.5% in 2011 and another 0.2%...

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