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2013 Federal Budget debate

2013 Federal Budget debate

Defense Secretary Leon Panetta (R) talks with USMC Lt. Gen. Thomas Waldhauser (L) and Assistant Press Secretary Carl Woog (2nd L) before boardi
Defense Secretary Leon Panetta (R) talks with USMC Lt. Gen. Thomas Waldhauser (L) and Assistant Press Secretary Carl Woog (2nd L) before boardi
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Pentagon Notifies Congress Of Likely Furloughs

By Townsquare News Network February 20, 2013

Defense Secretary Leon Panetta is telling Congress that if automatic budget cuts kick in on March 1 he may be compelled to furlough the "vast majority" of the Defense Department's 800,000 civilian workers.

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Category: Townsquare News National, Townsquare News Network Tags: ,
Surrounded by first responders who may be impacted by looming budget cuts, President Barack Obama speaks during an event at the Eisenhower Executive Office Building
Surrounded by first responders who may be impacted by looming budget cuts, President Barack Obama speaks during an event at the Eisenhower Executive Office Building (Win McNamee/Getty Images)
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Obama Warns Sequester Will Cause Job Losses

By Townsquare News Network February 19, 2013

President Barack Obama is warning that "people will lose their jobs" if across-the-board budget cuts take effect as scheduled next week.

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Category: Townsquare News Network, Townsquare News Political Tags: , ,
MONEY-300x225
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Federal Budget Deficit Estimated at $854-Billion

By Townsquare News Network February 6, 2013

A new government report is predicting the budget deficit will drop below $1 trillion for the first time in President Barack Obama's tenure in office.

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Category: Townsquare News Network, Townsquare News Political Tags: , , ,
President Barack Obama holds a press conference
President Barack Obama holds a press conference about the next budget battle with Congress (Alex Wong/Getty Images)
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Obama Asks Lawmakers For Short-Term Sequester Fix [VIDEO]

By Townsquare News Network February 5, 2013

President Barack Obama is asking Congress to come up with tens of billions of dollars in short-term spending cuts and tax revenue to delay automatic spending cuts scheduled to kick in March 1.

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Category: Townsquare News Network, Townsquare News Political Tags: , ,
Speaker of the House John Boehner
Speaker of the House John Boehner (Chip Somodevilla, Getty Images)
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Boehner: GOP Won’t Approve More Tax Revenue [VIDEO]

By Townsquare News Network February 5, 2013

House Speaker John Boehner says additional tax hikes are out of the question.

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Category: Townsquare News Network, Townsquare News Political Tags: ,

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