New York Times columnist David Brooks and Washington Post columnist Ruth Marcus discuss the battles over the short- and long-term government budgets, including deadlocked negotiations over funding for this fiscal year and GOP Rep. Paul Ryan’s budget proposal for fiscal year 2012. Continue reading
Just hours away from a potential government shutdown, Paul Solman Skypes with two economists on the financial implications of the budget impasse in this week’s edition of ‘Weekonomics: Our Friday Roundup’.
A new report from the NAACP shows states are devoting increasingly larger portions of their budgets to prisons, while education gets smaller and smaller portions. Judy Woodruff discusses the report with NAACP President Benjamin Jealous and Grover Norquist, president of Americans for Tax Reform. Continue reading
For the third time in three days, President Obama met with congressional leaders but failed to reach a budget agreement to avoid a government shutdown. Jim Lehrer talks to The Wall Street Journal’s Naftali Bendavid and Washington Post’s Ed O’Keefe about continuing budget brinksmanship that has Democrats and Republicans worried. Continue reading
Alice Rivlin (seated in green) with Senate Majority Whip Richard Durbin, D-Ill., and Andy Stern, president of the Service Employees International Union, during a meeting of the National Commission on Fiscal Responsibility and Reform in late 2010. (Photo By Tom … Continue reading
President Obama, House Speaker John Boehner and Senate Majority Leader Harry Reid emerged from a late night White House meeting Wednesday with no deal in place to avert a government shutdown. However, all three men said progress was made in … Continue reading
In other news Wednesday, the House Budget Committee began its markup of the GOP proposal to cut nearly $6 trillion in spending across 10 years. The plan would restructure Medicare and other federal health care programs. Also, opposition forces in Ivory Coast moved to oust Laurent Gbagbo, who has refused to cede power. Continue reading
Gwen Ifill talks to Maryland Rep. Chris Van Hollen, the ranking Democrat on the House Budget Committee, about the state of a budget stalemate for the rest of this fiscal year, the prospects for a government shutdown and what’s at stake in negotiations for future budgets. Continue reading