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Obama dials down the budget blame in new tack on deficit fight

Mar 09, 2013

Obama dials down the budget blame in new tack on deficit fight

Turning away from the sharp rhetoric he has used in recent weeks to blame Republicans for $85 billion in government spending cuts that took effect March 1, Obama this week highlighted how he is working with lawmakers in Congress. #Barack Obama #NewsTracker #fiscal deficit #budget cuts #Spending cuts
US spending cuts likely to hit global economy

Mar 01, 2013

US spending cuts likely to hit global economy

Politicians and economists in Washington argue over just how badly the cuts will harm the still-weak American economic recovery, but conservative estimates forecast a half-percent dip in the US gross domestic product this year. #China #Barack Obama #ConnectTheDots #Europe #Global economy #US Spending cuts
Jindal, Haley lead charge against Obama over spending cuts

Feb 26, 2013

Jindal, Haley lead charge against Obama over spending cuts

"The president needs to stop campaigning, stop trying to scare the American people, stop trying to scare states," said Bobby Jindal. #Barack Obama #US #Bobby Jindal #NewsTracker #Nikki Haley #Spending cuts
Budget 2013 Colleagues oppose FM's spending cut plans

Feb 14, 2013

Budget 2013 Colleagues oppose FM's spending cut plans

The latest to join the bandwagon of protesting ministers is Planning Commission head Montek Singh Ahluwalia since the burden of fiscal consolidation has largely fallen on plan expenditure, which is likely to be trimmed by around Rs 1 lakh crore in financial year 2013. #WhyNow #Jairam Ramesh #Planning Commission #Montek Singh Ahluwalia #Chidambaram #Spending cuts
Govt sitting on surplus cash, may borrow less in new fiscal

Feb 12, 2013

Govt sitting on surplus cash, may borrow less in new fiscal

New Delhi has built up a cash surplus of about Rs 80000 crore as a result of Finance Minister P. Chidambaram's deep spending cuts to keep the fiscal deficit down at 5.3 percent of gross domestic product this fiscal year. #fiscal deficit #Chidambaram #Budget2013 #government borrowing #Spending cuts