All Posts Tagged With: "spending cut"

People Concern about Obama’s Deficit Reduction Plan

There are more questions generated by President Barack Obama’s quest to reach an agreement with the Republicans regarding the reduction of the nation’s deficit. People are wondering how the president can endorse major spending cuts on Medicare and Medicaid and how the Republicans can accept increases in taxes. People are concerned about the time left [...]

Senate Democrats Draft Their Version of Spending Cuts

The Democrats in Senate will start on the draft of their spending cut plan that will decrease billions of dollars from the federal budget for a period of seven months. This is the compromise they came up with the Republicans to decrease the government size this year. The Democrats plan to incorporate President Barack Obama’s [...]

House Republicans Push Spending-Cut Bill

A day after President Barack Obama unveiled his $3.7 trillion budget the Republicans in the House of Representatives are pushing for a bill that would cut the spending of the federal government. There wouldn’t be any compromise between the two groups regarding the government’s budget. The Republican Representatives patched up the bill after several weeks [...]