Budget deficit News
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California Governor Jerry Brown says California's budget deficit has soared to $16 billion or about $7 billion more than his previously announced estimate of $9.2 billion in January.
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Washington -
A proposed tax overhaul by GOP presidential contender Newt Gingrich could cut taxes for all Americans, but those making more than $1 million would receive an average annual tax cut of almost $614,000, new analysis released this week shows.
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In an interview with CNBC, Berkshire Hathaway Chief Warren Buffett clarified the nature of his tax increase proposal, saying the 'Buffett Rule' floated by the White House was not in line with Buffetts thinking.
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Appearing on MSNBC's 'Rachel Maddow Show' on Monday, filmmaker and Liberal activist Michael Moore expressed his pleasure with President Obama's push to implement taxes on upper income Americans.
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In the wake of President Obama's $447 billion jobs bill and ahead of the White House proposal to increase taxes on the nation's high-income earners, former President Bill Clinton came out in support of Republican tax positions on NBC's 'Meet The Press.'
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Toronto -
As the city of Toronto faces a $774 million budget deficit in 2012, the city's budget team is asking Torontonians what they would cut from the budget. Residents have until June 17 to submit online input.
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As congressional lawmakers begin to square off on the national debt and the challenges facing the nation on spending cuts, one non-profit organization is elevating the matter with an aggressive advertising campaign.
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Austin -
Big yachts in the state of Texas are one step closer at being able to compete with Florida on the issue of lower taxes, even as the Lone Star state continues struggling with a budget deficit by some estimates as high as $27 billion.
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The Tea Party movement inspired political discourse and activism heading into the November 2010 mid-term elections and continues to be an influence heading into the 2012 elections. Benjamin Grivno, director and founder of Tea Party Heart explains why.
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Former two-term New Mexico Governor Gary Johnson recently announced his White House Republican candidacy and is seeking to evolve from 'obscurity to prominence' during his visit in New Hampshire.
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Budget deficit Headlines
 The federal budget deficit now stands at $17.3 billion, eight months into the fiscal year, the Finance Department reports.
Eurozone governments managed to cut sharply their budget deficits last year, official figures show, with the overall deficit for the bloc dropping from 6.2% to 4.1%.
Spain Prime Minister Mariano Rajoy says his country will miss its budget deficit target this year, as EU leaders agree a new treaty on budget discipline.
President Obama will project a deficit of $901bn, when he sends his budget for 2013 to Congress.
French Socialist presidential candidate Francois Hollande sets out election policies that target the rich to tackle the country's budget deficit.
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Top News
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Budget deficit Image

Mr. T in DC/flickr
Proposed government cuts to public broadcasting funding could have serious effects for listeners in rural areas, NPR's chief executive told the National Press Club on Monday.
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Budget deficit Blogs
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About Gregory Lamberson Gregory Lamberson is the author of five published horror novels and one nonfiction book on...
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Waterloo, ON - It is my pleasure to introduce to you today the candidate for the Ontario Libertarian Party in...
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While in Journalism school, not that long ago, I was assigned to do a term paper on actor and entertainer Mario Moreno,...
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Here's a quick round-up of Hyosung GT650R, which is emerging as a powerful contender in the Indian superbike market...
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It all came down to this. Could "The Avengers" make it three weeks in a row at the top? The answer is yes. Going...
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