deficit

But that’s what they’re getting.
With Democratic leaders hoping to bring up legislation to fix, once and for all, the formula to pay doctors who treat Medicare patients, a great deal of attention is being paid to the inconvenient fact that Democrats have not presented a plan to pay for the bill’s $245 billion price tag. [...]

Mostly via the blogging of Jim Geraghty, I’d become intrigued by Fred Tausch, a wealthy conservative in New Hampshire who has spent $400,000 on advertisements and direct mail attacking government spending and Democrats. I called Tausch’s office two weeks ago for an interview when I was reporting this piece about Republicans running against the stimulus, [...]

I’m seeing a bunch of stories about how the spiking worry about the deficit that’s showing up in polls is a political problem for the White House. Inside the NBC/Wall Street Journal poll, though, it seems like there’s some breathing room. People simply don’t blame the president yet for the economy or the deficit.
When you [...]

The Congressional Budget Office has conducted an analysis of President Obama’s budget proposal and now projects a $1.8 trillion deficit this year, up from a $1.2 trillion projection in January.
“As estimated by CBO and the Joint Committee on Taxation, the President’s proposals would add $4.8 trillion to the baseline deficits over the 2010–2019 period,” CBO [...]

What was bad news for Tom Daschle, Nancy Killefer, Tim Geithner and now Hilda Solis might be good news for the federal government.
Their recent tax woes — by which we mean their getting caught not paying their (or their spouses’) taxes — mean that the IRS is probably right about (or even underestimating?) the extent [...]

In his first policy speech since the election, President-elect Barack Obama laid out his “American Recovery and Reinvestment Plan” to stimulate the economy by pumping money into infrastructure, alternative energy, technology and aid to states.
Speaking at George Mason University in Fairfax, Va., he warned of the hard times to come and emphasized the urgent need [...]

In the next few decades, promised federal spending threatens to drown the U.S. economy. It could make the financial bailout seem cheap.