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IMF urges U.S. to repeal 'ill-designed' sequester cuts
WASHINGTON -- The International Monetary Fund on Friday urged U.S. officials to scale back its automatic federal spending cuts, warning that they were "excessively rapid and ill-designed" and were hurting the nation's economic recovery "The sequester...
Tags: International Monetary Fund, Public Finance, Government Debt, Christine Lagarde, U.S. Congress
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IMF warns U.S. not to scale back stimulus too soon
WASHINGTON — Amid speculation that the Federal Reserve soon might start scaling back its stimulus efforts, the International Monetary Fund cautioned that a pullback before next year could hurt economies worldwide. Highlighting its concern Friday,...
Tags: Public Finance, Economic Policy, Congressional Budget Office, Christine Lagarde, Budgets and Budgeting
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IMF urges repeal of 'ill-designed' U.S. fiscal cuts
ReutersWASHINGTON, June 14 (Reuters) - The International Monetary Fund on Friday urged the United States to repeal sweeping federal budget cuts that will be a severe drag on economic growth this year. In its annual check of the health of the U.S. economy, the...Tags: Public Finance, Ben Bernanke, National Government, Finance, Government Debt
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Sequester furloughs hurt airline on-time rates for April
The furlough of air traffic controllers imposed by the federal sequester in April lasted only a week. But statistics released Thursday show that the resulting delays hurt the on-time performance of the airline industry for the entire month. The on-...Tags: Hawaiian Airlines Inc., Unemployment, American Airlines, Inc., Air Transportation Industry, Delta Air Lines
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Boxer calls for congressional pay halt if debt limit is not raised
WASHINGTON -- As Congress readied for a new battle over raising the debt limit, Sen. Barbara Boxer announced legislation that would prevent lawmakers from being paid if they did not increase the nation's borrowing authority. "It is an American value...
Tags: U.S. Department of the Treasury, Fannie Mae, Barbara Boxer, Jim McDermott, Congressional Budget Office
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Stop the deficit extremists
The U.S. economy is improving, yet Congress seems still to be in the grip of the delirium that shrinking the deficit in the near term is still a matter of paramount urgency. That's what's prevented lawmakers from dealing with their real task, which is...
Tags: Chuck Hagel, Mitt Romney, Christopher Van Hollen Jr., U.S. House Committee on the Budget, Unemployment
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Senate panel approves Foxx as US transportation secretary
McClatchy Washington BureauWASHINGTON A Senate panel on Monday unanimously confirmed Charlotte, N.C., Mayor Anthony Foxx to be the next U.S. transportation secretary, a final step toward what is expected to be an easy confirmation by the full Senate. Foxx had a smooth confirmation...Tags: Penny Pritzker, Kay Hagan, Republican Party, Highway Transportation, Federal Aviation Administration
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Raydon Corp. wins $44 million combat-vehicle training contract
Raydon Corp., a Volusia County-based military-training company, has emerged from a scrum of rivals with a contract potentially worth $44 million to produce armored-vehicle driver-training simulators, the Army said Monday. The Port Orange company...
Tags: Manufacturing and Engineering, U.S. Department of Defense, Defense Equipment, Defense, U.S. Army
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Cuts to Alzheimer's research show folly of sequestration
Many Republicans, and Democrats, never thought the automatic across-the-board spending cuts known as sequestration would take effect. After all, they might produce dangerous, if unintended, consequences such as potentially bankrupting the U.S. health care...Tags: Health Insurance Cost, U.S. Centers for Disease Control and Prevention, National Institutes of Health, Medicaid, Air Transportation Delays
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Next debt-ceiling histrionics could do real harm
At this stage in the U.S. recovery, there isn't much that fiscal policy can do to accelerate growth. Some argue that we need another tax cut, while others would prefer increased spending. Neither is going to happen on a significant scale. Radical...Tags: Public Finance, Economic Policy, Massachusetts Institute of Technology, Unemployment Benefits, George W. Bush
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Jobs report, Wall Street increase pressure on Fed to show its cards
McClatchy Washington BureauWASHINGTON Pressure built Friday on the Federal Reserve to signal whether it's ready to begin scaling back its controversial economic stimulus efforts, after a status-quo May jobs report from the government sparked an unusual Wall Street rally. Non-...Tags: Moody's Corporation, Unemployment, Employment, Financial and Business Services, Unemployment Benefits
Jun 14, 2013
|Story| Los Angeles Times
Jun 15, 2013
|Story| Los Angeles Times
Jun 14, 2013
|Story| Reuters
Jun 13, 2013
|Story| Los Angeles Times
Jun 12, 2013
|Story| Los Angeles Times
Jun 11, 2013
|Column| Los Angeles Times
Jun 10, 2013
|Story| McClatchy-Tribune
Jun 10, 2013
|Story| Orlando Sentinel
Jun 10, 2013
|Story| Reuters
Jun 10, 2013
|Column| Allentown Morning Call
Jun 10, 2013
|Column| Allentown Morning Call
Jun 7, 2013
|Story| McClatchy-Tribune
Original site for Budget Control Act of 2011 topic gallery.
