Obama Pledges to Cut Wasteful Spending, Be Accountable
Speech outlines plans to save money
When President Barack Obama announced his budgets for the remainder 2009 and 2010, he promised he would cut wasteful spending inherent in the previous budgets.
Today he gave a speech focusing on the specifics of those cuts. He also promised the government will be “more efficient, [...]
Taxpayers Strategize About How to Avoid $250K Tax Bracket
Obama proposals raise taxes on high incomes
President Barack Obama’s budget proposals have drawn the line: $250,000. Many tax hikes and phased out credits will apply to households with annual incomes that cross that line.
A pretty small group of people fall into this category: incomes so close to $250,000 that they [...]
Obama Proposes Cutting Tax Breaks for Itemized Deductions
Some worry move would hurt charities
President Barack Obama has made several bold proposals in his budget plans. His biggest project is a plan to put $634 billion toward health care reform. It’s a spendy project, and it’s Obama’s job to figure out how to fund it.
Among his budget proposals, he has [...]
Republicans Lash Out at Budget Plans
Stage is set for budget battle
Republicans are once again throwing around the s-word — that’s right, socialism.
Of course, the rhetoric is aimed at President Barack Obama’s budget plans. With $410 billion dedicated to spending on government programs and a push for universal health care, it’s to be expected.
Harsh words
It’s been [...]
More Details on Obama’s Budget Proposals
Changes to agriculture
President Barack Obama revealed his budget proposals yesterday. The 2010 budget increases funding for the Agriculture Department to $26 billion. However, it also decreases funding for some programs that have been around for a long time.
No more farm subsidies for some
Over the three years that begin in September, [...]
Nation’s Budget Dedicates $634 Billion to Health Care
Gearing up for health care reform
President Barack Obama’s presidential address last night was aimed at instilling hope in the American people and inspiring confidence in their leader. That speech didn’t come a moment too soon.
Obama plans to unveil his plans for the nation’s budget tomorrow. Among those plans, he’d like [...]
After String of Quick Loans, Obama Plans to Shrink National Debt
President says he’ll cut deficit by two-thirds
After he handed out billions of dollars in quick loans to banks, auto retailers and the nation as a whole, President Barack Obama’s next goal may surprise you. He plans to cut the annual deficit by two-thirds in the next four years.
Big plans
At the beginning [...]
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