Related Content: budget
Democrats Attack Ryan Budget Plan, AgainOn The Radar A year ago, Democrats made political mincemeat of Rep. Paul Ryan’s budget plan, attacking it for its cuts in Medicare and other programs. They’re hoping Mr. Ryan’s new plan will provide similar political damage. In a statement Tuesday, White House Communications Director Dan Pfeiffer said the plan “once again fails the test of balance, fairness and shared responsibility.” |
GOP Budget Plan Cuts Deeply into Domestic Programs, Reshapes Medicare, MedicaidOn The Radar House Republicans laid down a bold but risky election-year marker Tuesday, unveiling a budget proposal that aims to tame the national debt by reshaping Medicare and cutting deeply into Medicaid, food stamps and other programs for the poor, while reshuffling the tax code to sharply lower rates. |
Study Tests Claims of Republican Candidates’ Debt PlansOn The Radar A centrist budget-watchdog group is punching trillion-dollar holes in the claims of Republican presidential candidates that they would rein in the mounting federal debt if elected, according to an analysis to be released on Thursday. |
Obama's Corporate Tax Plan Presages Election DebateOn The Radar President Obama's corporate tax reform "framework" unveiled Wednesday is unlikely to become law in an election year, but a partisan and economically rooted debate about individual and business taxes will figure prominently before November. Two competing visions for fiscal rejuvenation after 2013 are guaranteed to clash when Obama and a GOP nominee finally face one another later this year. |
Obama’s Tax Policy Targets Rising Sector of His Base: The AffluentOn The Radar Partisan clashes over President Obama’s proposed tax increases have obscured something remarkable: that the affluent Americans targeted by his policy represent a growing share of his own party’s base. You would not know it from Republican cries of class warfare swirling around Mr. Obama’s new budget, which reiterates his calls for higher taxes on individuals earning more than $200,000 and households earning more than $250,000. |
Romney Goes After Santorum on Budget, in Battle He Didn’t Bargain ForOn The Radar Mitt Romney was barely six minutes into a campaign speech here on Monday afternoon, dwelling on the success story of a local bioscience company, when he broached a topic that is suddenly confounding his Republican presidential aspirations: Rick Santorum. |
February 17, 2012Weekly Show As the GOP presidential primary race between Rick Santorum and Mitt Romney tightens, the panel previews the Arizona and Michigan primaries. Plus, President Barack Obama’s proposed budget, a deal to extend payroll tax cuts, and tensions over Iran’s nuclear program. Joining Gwen: Karen Tumulty, Washington Post; Jackie Calmes, New York Times; Susan Davis, USA Today; Martha Raddatz, ABC News.
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Another Doomed ExerciseOn The Radar Back in 2009 Barack Obama’s first budget called for repealing his predecessor’s tax cuts on the rich, eliminating tax breaks for multinationals and boosting the tax rate on capital gains. A year later Mr Obama repeated those proposals, and added new ones: no more breaks for fossil-fuel producers and a “financial crisis responsibility fee” on banks. |
Obama Budget Optimistic on Economic Growth, AgainOn The Radar President Obama’s economists are nothing if not optimistic. In the fiscal year 2013 presidential budget request, they’ve once again forecast higher future growth than their private-sector peers – about a half-point of gross domestic product growth more, per year, than the 45 economists included in the Philadelphia Fed’s Survey of Professional Forecasters. |
Heaviest 2013 Defense Budget Cuts Would Fall on TroopsOn The Radar As the Pentagon sought to show Monday that it had made tough spending decisions in its fiscal 2013 budget proposal, the brunt of the reductions would fall on U.S. ground troops, which face job losses, modest pay raises and increased health care costs while serving in a smaller force. |
