In a national address today, President Obama proposed spending cuts he said would total $4 trillion over the next few years. He said he would limit growth in national defense and security spending to the rate of inflation. He also proposed simplifying the tax code.
President Obama today released his proposed budget, calling for investment in infrastructure and education but also pledging massive cuts over the next decade.
Congressman Jared Polis’s statement on the budget:
On Monday, President Obama (via his budget proposal) put out the request for six additional months of extra federal Medicaid funding to help strapped states weather the economic downturn. Today, Senate Democrats complied.
Sens. Harry Reid (D-Nev.), the majority leader, and Jay Rockefeller (D-W.Va.), chairman of a key health More…
As we’ve written here before, Medicaid funding is a tricky business, not least of all because program enrollment always jumps in times of economic turmoil, when state budgets are least able to absorb the additional costs.
In recognition of that flawed formula, Congress last year provided More…
Give this to Sen. Judd Gregg (R-N.H.): He wasn’t lying when he said he wasn’t a good fit in President Obama’s cabinet.
Gregg, of course, withdrew his nomination for commerce secretary in a storm of media attention last month. The senator, the ranking Republican on the Senate Budget Committee, More…
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