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Bush running out of Red Ink?(Inside Track)(Brief article)
On February 4, President Bush presented his fiscal 2009 budget plan to Congress. The budget proposes spending a record $3.1 trillion. Last year's budget stood at $2.9 trillion in comparison.
In unveiling the budget, Bush said the proposed plan was essential for maintaining American security. "Two key principles guided the development of my budget--keeping America safe and ensuring our continued prosperity," Bush said in his message to Congress. "As commander in chief, my highest priority is the security of the American people."
The budget proposal is heavy on spending for the military. It allots $515 billion to the Department of Defense's base budget to support military readiness. An additional $70 billion will be allotted to resources and activities ...
- Budget deficits a risk to low interest rates, Greenspan says; In his economic...
- Newspaper article from: The Christian Science Monitor February 12, 2004 700+ words
...US economy enjoys. Rising red ink, he said, could potentially...recovering economy Wednesday to Congress. But he worried more than...this year: If investors doubt Congress's ability to tame expenditures...Greenspan has testified to Congress. But in July of 1997, that...
- Greenspan Warns Of Runaway Deficits, But Rejects Efforts To Repeal Tax Cuts;...
- Magazine article from: Investor's Business Daily September 13, 2002 700+ words
...Reserve Chairman Alan Greenspan warned Congress Thursday that if it doesn't watch its...told the House Budget Committee that Congress must renew budget rules that limit its...partly related to surging spending by Congress. CBO said spending through 11 months...
- Let presidents drain federal red ink.(EDITORIAL)(Editorial)
- Newspaper article from: The Christian Science Monitor March 8, 2006 700+ words
...s View Washington's red-ink spending has long been...President Bush asked Congress to give the White House...actions is necessary for a Congress held in such low esteem...welcome incentive for Congress to refine its spending...help bring the federal red ink - that now consumes ...
- The red-ink hurricane.
- News wire article from: Fort Worth Star-Telegram (Fort Worth, TX) September 20, 2005 700+ words
...accentuated by $412 billion in red ink for fiscal 2004. Things...in new spending that Congress since has authorized...surpluses were realized. If Congress boosts spending in one...higher taxes or fees. Congress should adopt bipartisan...drowning in even more red ink, unless ...
- Return of the red-ink budget.(Knight Ridder/Tribune News Service)
- News wire article from: Knight Ridder/Tribune News Service January 10, 2002 700+ words
...for the last five years: red ink. Given the circumstances...decades to drain the swamp of red ink. The nation will be ill...to play the bad guy when Congress comes begging for more...is in recession. The red ink is back because tax receipts...
- Return of the red-ink budget.
- Newspaper article from: Chicago Tribune (via Knight-Ridder/Tribune News Service) January 8, 2002 700+ words
...for the last five years: red ink. Given the circumstances...decades to drain the swamp of red ink. The nation will be ill...to play the bad guy when Congress comes begging for more...is in recession. The red ink is back because tax receipts...
- EDITORIAL: Treading water in a sea of red ink: OUR OPINION: WITHOUT...
- News wire article from: Miami Herald (Miami, FL) February 12, 2006 700+ words
...it comes to, however, Congress will rightly give the administration...budget. Mr. Bush urged Congress to make his 2001 and 2003...likely face rough going in a Congress focused on reelection in 2006. The result: more red ink. Some economists scoff...
- Red Ink Flows Freely at Post Office.
- Newspaper article from: Knight Ridder/Tribune Business News June 23, 2002 700+ words
...probably never envisioned: red ink. The U.S. Postal Service...Politicians, members of Congress --- even postal officials...federal subsidy, although Congress did allot $500 million to...problems stem from politics. Congress has resisted closing post offices...
- More red ink swells the federal deficit.(Editorial)
- News wire article from: Miami Herald (Miami, FL) December 14, 2005 700+ words
...Tuesday, Dec. 13: X X X As Congress prepares to finish work on the...trying to stop this tsunami of red ink, Congress is debating the size of the next...was crucial, now is saying that Congress should not approve cuts in revenue...
- Snow backs Bush deficit budget: New Treasury Secretary argues 'red ink' needed...
- News wire article from: The America's Intelligence Wire February 5, 2003 700+ words
...in his first appearance before Congress as U.S. Treasury Secretary yesterday...deficits they will bring, saying red ink was necessary now to spur future...trillion budget Mr. Bush sent to Congress on Monday envisages record deficits...
Source: HighBeam Research, Bush running out of Red Ink?(Inside Track)(Brief article)