Articles About spending cuts
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June 19, 2013Drug Dealers Turn a Profit Thanks To Sequestration
Thanks to sequestration spending cuts, as much as 38 metric tons of cocaine will get into the United States.
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May 30, 2013Austerity Bites: GDP Revised Lower
The United States economy has definitely begun to feel the effects of austerity.
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April 23, 2013Tuesday’s Mid-Day Movers: 3 Stories Driving Markets
U.S. stocks advanced on Tuesday. Here are three stories making waves...
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April 23, 2013Here’s How Spending Cuts Are Hurting the Economy
Earnings may be under the microscope on Tuesday, but the economic headwinds are still howling...
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April 12, 2013U.S. GDP Growth: The Bulls and Bears Can’t Both Be Right
U.S. gross domestic product could grow just 1.7 percent in 2013, according to a downwardly-revised forecast from the International Monetary Fund....
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March 04, 2013
Monday Afternoon Cheat Sheet: 3 Stories That Moved Markets
The first blows of the sequester, precious metals respond to Fed policy, and another member of the Fed supports Bernanke's argument...
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February 17, 2013Spending Cuts and Politicians: Same Story, Different Chapter
With just over two weeks left before the deadline, a solution to the sequestration seems to have little hope of passing...
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December 05, 2011Italy’s Monti Unveils Radical Austerity Measures in Emergency Decree
Italian Prime Minister Mario Monti unveiled an ambitious package of austerity measures on Sunday that relies on both spending cuts and tax increases to reduce the nation's massive budget deficit and step up economic growth...
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October 14, 2011Here’s How the U.S. Budget Deficit Rose to $1.3 Trillion in 2011
The U.S. government ran up a $1.3 trillion budget deficit in the fiscal year ending September 30, its third consecutive annual budget deficit to exceed $1 trillion...
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October 04, 2011Bernanke: Fed Prepared to Take Further Steps to Boost Growth
Fed Chairman Ben Bernanke said today that the central bank is prepared to take additional steps to boost U.S. economic growth, while he cautioned lawmakers against making moves to balance the budget that would harm recovery efforts...
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September 08, 2011
Ben Bernanke Urges Congress to Enact its Own Economic Stimulus
Bernanke urged Congress and the White House not to focus so much on cutting spending in the long term as to ignore their obligations to the U.S. economy in the short term...
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August 04, 2011Pentagon Budget Cuts Will Total This Many Billion Dollars in 2012
Defense contractors stand to lose billions in revenue as the Pentagon drastically reduces spending...
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August 01, 2011The U.S. Debt Deal: Your Cheat Sheet to the Framework
See how the new debt deal would raise the debt ceiling by $2.1 trillion and cut spending by $2.4 trillion over the next 10 years...
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July 26, 2011Is the Budget Deal Ushering in an Age of Austerity for the US?
In two back-to-back televised addresses to the nation Monday night, both President Obama and House Speaker John Boehner put forth their priorities and expectations of a budget deal...
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July 25, 2011
Debt-Ceiling Standoff Continues Amidst Partisan Posturing
With potential default just over a week away, Republicans and Democrats in Congress continue developing their own independent plans for raising the $14.3 trillion U.S. debt ceiling...
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July 22, 2011Top 3 Reasons Markets Were As Mixed Up as U.S. Budget Negotiations
Here's everything you need to know about today's trading action...
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July 20, 2011
Behind the ‘Gang of Six’ Plan: Which Citizens Will Be Hit the Hardest?
Take a look at how the Gang of Six plan will cut $3.7 trillion from the national budget while decreasing taxes...
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