Tag: federal budget

• Wednesday, January 29th 2020 - 08:10 UTC

  Solid growth of US economy this year, but with increasing federal budgets

  

  The U.S. economy will grow at a “solid” rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting US$1.015 trillion.

• Wednesday, February 6th 2019 - 09:53 UTC

  Trump announces meeting with Kim, calls for unity and blasts “ridiculous partisan investigations”

  

  United States President Donald Trump has announced in his State of the Union speech that he will hold a second nuclear summit with North Korea's leader this month. In an address to the nation with the theme “Choosing Greatness”, he vowed once again to build a border wall.

• Tuesday, October 23rd 2018 - 08:31 UTC

  United States 2018 federal budget deficit at its highest since 2012: US$ 779bn

  

  The United States federal budget deficit rose in fiscal 2018 to the highest level in six years as spending climbed, the Trump administration said. The deficit jumped to US$ 779 billion, US$ 113 billion or 17% higher than the previous fiscal period, according to a statement from Treasury Secretary Steven Mnuchin and Office of Management and Budget Director Mick Mulvaney.

• Wednesday, December 13th 2017 - 23:59 UTC

  Nobel Prizes criticize current US policy during the awards gala banquet

  

  A United States researcher who shared this year's Nobel Prize for medicine bluntly criticized political developments in the US in his address at the awards' gala banquet Sunday night. Michael Rosbash, who was honored for his work on circadian rhythms — commonly called the body clock — expressed concern that U.S. government support such as that received by him and colleagues Jeffrey Hall and Michael Young is endangered.

• Tuesday, November 22nd 2011 - 00:25 UTC

  CNN poll shows same partisan divide on federal budget deficit cuts among US voters

  

  The latest CNN poll shows that the same partisan divide that has kept the US congressional super committee from reaching a federal budget deficit reduction deal also exists among US voters who identify with a political party.

• Wednesday, April 13th 2011 - 23:00 UTC

  Obama unveils his plan to cut the federal budget which includes tax increases

  

  President Barack Obama called for an overhaul of the U.S. tax code for individuals and businesses and said he wants to raise an additional 1 trillion US dollars through tax increases over the next decade.