Mar 20 Watch Federal Deficit Projected to Hit $1.8 Trillion New figures released Friday by the Congressional Budget Office predict the federal budget deficit will hit $1.8 trillion in 2009, billions of dollars more than previous estimates several weeks ago. Kwame Holman reports. Continue watching
Mar 17 Government Furor Continues Over AIG Bonuses By PBS News Hour As the furor continues over millions of dollars in employee bonuses at the failed insurance giant AIG, lawmakers and administration officials in Washington are weighing their options to either block the payments or penalize the company. Continue reading
Mar 10 Watch Some Public Transit Agencies Made Risky Financial Deals Some public transport agencies engaged in a similar kind of financial risk-taking that has caused large banks and companies to fail and contributed to the global financial meltdown. Rick Karr reports in the latest installment of the "Blueprint America" series. Continue watching
Mar 02 Watch Other News: Winter Storm Blasts East Coast; Obama Nominee to Pay Back Taxes A late winter storm on the East Coast shut down schools, grounded flights and caused hundreds of wrecks, and Ron Kirk, the nominee for U.S. trade representative, has agreed to pay an estimated $10,000 in back taxes. Continue watching
Feb 27 Watch Shields and Brooks Weigh Obama’s Troop, Budget Plans Syndicated columnists Mark Shields and David Brooks examine President Obama's newly-announced plan to end the combat mission in Iraq and what the president's budget blueprint says about his administration's spending priorities. Continue watching
Feb 26 Watch President Plans Major Overhaul of Tax, Spending Systems President Obama's budget plan outlines large-scale changes in tax policy, calling for $318 billion of tax increases over the next 10 years for the wealthiest individuals and families combined with tax cuts for the middle class. Analysts discuss the impact… Continue watching
Feb 26 Watch Orszag Outlines Policy Priorities in Budget Blueprint White House Budget Director Peter Orszag details the new $3.5 trillion budget plan, explaining how the Obama administration will balance policy priorities and an anticipated $1.75 trillion deficit. Continue watching
Feb 26 Watch Obama Administration Rolls Out $3.5 Trillion Budget Plan President Obama's $3.5 trillion federal budget plan for the fiscal year includes both record spending and deficits for a wide range of programs, including health care, education and bank rescues. Kwame Holman reports. Continue watching
Feb 26 Obama’s Budget Proposal Projects $1.75 Trillion Deficit By Admin, PBS News Hour President Obama outlined his first budget plan to Congress with a $1.75 trillion deficit that includes the recently passed stimulus bill, the costs of the wars in Iraq and Afghanistan, funding for health care reforms and other spending. Continue reading
Feb 25 Watch Obama Administration Moves Quickly on Economy Following Tuesday’s Speech President Obama announced his third nominee Wednesday for Commerce Secretary, Gary Locke, and met with Treasury Secretary Tim Geithner and Congressional leaders to discuss stronger federal regulations. Continue watching