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Dem Senators Break with Party
At least seven Democratic U.S. senators may reject their party’s plan to let the Bush tax cuts partially expire unless Congress finds a deficit reduction compromise.
Tag: Simpson-Bowles
Send Out the Punter
Democratic Senate budget chairman reverses course, will not offer budget this year
Senate Budget Committee chairman Kent Conrad (D., N.D.) will not draft a Democratic budget before the 2012 election, he announced Tuesday.
Carney Distorts New
Ryan Budget
Ryan's 2013 budget cuts $5.2 trillion in government spending
The White House is reacting aggressively to a budget proposal put forward by Rep. Paul Ryan (R., Wis.), that would cut spending by $5.2 trillion in government spending compared to President Obama’s budget, while cutting taxes by $2 trillion over the next 10 years.