In response to the Republican proposal to cut $74 billion from the federal budget, Senator Harry Reid declared the cuts to be "unworkable" and "draconian"....
www.euronews.net The European Commission could fine Spain's new government for allegedly exaggerating last year's deficit figures so that the current year's data would look better,...
US Treasury Secretary Timothy Geithner says the current deficit is largely the result of the fiscal policies put in place by the Bush administration. (Feb....
"...House Republicans unanimously rejected a resolution from Rep. Gary Peters stating, among other things, that the Bush tax cuts added to the deficit...".* The Young...
The failure of the deficit supercommittee echoed Tuesday on the campaign trail as President Obama pressed Republicans in New Hampshire to support extending payroll tax...