Related Content: budget

For Obama and Team, Calm, Not Crisis, in Latest Fiscal Battle

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President Obama is just seven days away from the first significant test of his second term as deep spending cuts loom, yet inside the White House a clear sense of confidence stands in contrast to the air of crisis that surrounded previous fiscal showdowns with Republicans.

Clinton's 2nd Inaugural

Vault Show

As the country prepares for President Obama's second term, we look into our vault to January 23, 1997 when President Bill Clinton had just been sworn into his second term, and our panelists examined his projected priorities and challenges.

Obama Summons Congressional Leaders for ‘Fiscal Cliff’ Talks

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President Obama summoned congressional leaders to a Friday summit at the White House in a last-ditch effort to protect taxpayers, unemployed workers and the fragile U.S. recovery from severe austerity measures set to hit in just four days.

Is U.S. Budget Deficit Shrinking Too Fast?

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With all the high-profile haggling over tax increases and spending cuts to avert the fiscal cliff, is it possible the federal budget deficit is shrinking too fast? David Wessel explores that jarring question on The News Hub.

PBS Newshour: Fiscally Conservative Democrat Rep. Allyson Schwartz Discusses Budget Options

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Socially liberal and fiscally conservative, Rep. Allyson Schwartz, D-Penn., leads the centrist New Democratic Coalition, serving as a go-between between House leaders and moderate lawmakers. Gwen Ifill talks to the congresswoman for an update on budget negotiations and finding a solution before Christmas.

 

PBS Newshour: President Obama's Second Term Agenda Begins With Stressing Compromise on Budget

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With automatic spending cuts and tax increases scheduled to hit in January 2013, President Barack Obama hopes to find a "grand bargain" solution to U.S. budget woes. Gwen Ifill talks to Sen. Dick Durbin, D-Ill., and Sen. Kay Bailey Hutchinson, R-Texas, about President Obama's latest efforts to push compromise on Capitol Hill.

In Debt Talks, Obama Is Ready to Go Beyond Beltway

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President Obama, emboldened by his decisive re-election and lessons learned over four years in office, is looking to the renewal of budget talks with Republicans this week as a second chance to take command of the nation’s policy debates and finally fulfill his promise to end gridlock in Washington, associates say.

With $114 million, Obama just outraises Romney in August

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President Barack Obama's campaign and its Democratic partners raised more than $114 million in August, narrowly beating Republican rival Mitt Romney for the first time in months as the race for the White House approaches its final stretch.

Recession imminent if ‘fiscal cliff’ of tax hikes, budget cuts not averted, CBO says

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The U.S. economy will hurtle into a recession if Congress fails to avert a series of tax increases and budget cuts due in January, the Congressional Budget Office said Wednesday, warning that a fiscal impasse would have consequences even more dire than previously forecast.

Mitt Romney chose Paul Ryan to shift the campaign debate; will the gamble pay off?

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It doesn’t take a political genius to see where the contest between President Obama and Mitt Romney is heading. With Rep. Paul Ryan on the Republican ticket, the campaign is looking at a full-throated debate over the future of Medicare. Are Romney and Ryan ready? There is plenty in Ryan’s budget blueprint — and by implication, Romney’s platform — that will spark debate and controversy. The size and shape of Romney’s and Ryan’s proposed tax cuts already are under attack by Obama and the Democrats.