Budget Debate

11:07am

Tue April 3, 2012
The Two-Way

Obama: GOP Budget 'Makes Contract With America Look Like The New Deal'

Originally published on Tue April 3, 2012 11:08 am

Renewing his push against "trickle-down economics" that he says has failed the nation in the past, President Obama just said the Republican budget plan passed by the House last week is so conservative and so focused on cutting taxes for the rich that it makes the GOP's mid-1990s Contract With America "look like the New Deal."

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1:42pm

Thu March 29, 2012
The Two-Way

House Passes 2013 Budget That Includes Private Option For Medicare

House Budget Committee Chairman Paul Ryan (R-WI) says his budget offers "real solutions."
Chip Somodevilla Getty Images

Voting along party lines, the House of Representatives passed a 2013 budget that was crafted by Rep. Paul Ryan, a Republican from Wisconsin.

Politico reports:

"The 228-191 vote gives the embattled GOP leadership what it most wanted: a show of party unity behind a bold election-year vision that includes new private options for Medicare and a simplified tax code.

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7:15am

Tue March 20, 2012
The Two-Way

Rep. Ryan Says New GOP Budget Plan 'Offers Real Solutions Again'

Originally published on Tue March 20, 2012 9:22 am

4:00am

Thu February 23, 2012
Politics

Budget Watchdog To Candidates: Back Up Tough Talk

Republican presidential hopefuls have had a field day attacking President Obama for the federal government's trillion-dollar deficits and promising things will be different when the GOP is in charge.

But while the candidates talk a good game about stemming the tide of red ink, the Committee for a Responsible Federal Budget says their proposals don't necessarily add up.

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10:39am

Wed February 15, 2012
The Two-Way

President's 2013 Budget Includes Slight Boost For Arts, Cultural Agencies

Originally published on Wed February 15, 2012 3:25 pm

The 2013 budget proposed by President Obama includes many cuts made to conform with new spending limits. But several arts and cultural institutions saw their allotment rise by about 5 percent in the proposed plan. The proposed spending of $1.576 billion — in a budget of $3.8 trillion — includes some good news for the Smithsonian Institution and the National Endowments for the Arts.

For the Newscast desk, Elizabeth Blair filed this report:

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