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federal budget - Page 11

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House GOP Budget Would Cut Deeply, Obama Says

President Barack Obama is criticizing a proposed House Republican budget, saying it would turn Medicare into a voucher-like program, cut deeply into programs such as Medicaid and increase tax payments by the middle class in order to achieve promised lower tax rates.

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Republicans Unveil Government Funding Measure

Republicans controlling the House are moving to give the Pentagon more money for military readiness. They also want to largely exempt agencies like the FBI and the Border Patrol as well as Western firefighting efforts from the effects of across-the-board spending cuts that are just starting to take effect.

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Dave Huss, Getty Images
Dave Huss, Getty Images
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Lawmakers React to Report on Automatic Budget Cuts

Republicans and Democrats alike are pointing to a new report estimating that automatic budget cuts will cost the economy 2 million jobs.

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Medioimages/Photodisc, Getty Images
Medioimages/Photodisc, Getty Images
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Produce Safety Testing Program Spared Budget Ax

The Agriculture Department is extending the life of the nation's main produce-safety testing program, just as the initiative was slated to be shut down.

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White House Threatens Veto of GOP Budget Bill

The White House says President Barack Obama would veto a Republican budget bill that swaps cuts to domestic programs like food stamps for cuts scheduled to hit the Pentagon and domestic agencies alike in January.

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Mark Wilson, Getty Images
Mark Wilson, Getty Images
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House Rejects Bipartisan Budget

The House has voted to decisively reject a bipartisan budget mixing tax increases with spending cuts to wring $4 trillion from federal deficits over the coming decade.

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Chuck Pefley, Getty Images
Chuck Pefley, Getty Images
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Federal Budget Includes $31-Million For Delaware River Project

President Obama's new budget proposal includes $31 million for deepening of the Delaware River shipping channel.

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