Budget

1:21am

Fri October 5, 2012
Solve This

Romney, Obama Far Apart On Closing Budget Gap

Originally published on Fri October 5, 2012 3:33 am

President Obama and Republican presidential candidate Mitt Romney finish their debate at the University of Denver on Wednesday.
Saul Loeb AFP/Getty Images

Here's one thing President Obama and Republican presidential candidate Mitt Romney could agree on during their first debate this week: Something has to be done about the enormous gap between what the federal government collects in taxes and what it spends.

But the two men fundamentally disagree on what to do about that budget deficit.

The Problem

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3:48pm

Fri September 14, 2012
It's All Politics

White House Details 2013 Cuts If Congress Doesn't Avert Fiscal Cliff

Originally published on Fri September 14, 2012 3:50 pm

The White House Friday released a report detailing, in part, what life would look like on the other side of the fiscal cliff, which could occur at the end of the year.

Under orders from Congress, the administration detailed exactly how it would administer painful cuts to both defense and domestic programs that were ordered under last year's budget deal.

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12:59pm

Sun September 9, 2012
Election 2012

Critics Say Ryan's Record Belies Tough Deficit Talk

Originally published on Sun September 9, 2012 3:08 pm

Paul Ryan waves as he takes the stage at the Republican National Convention in Tampa, Fla., on Aug. 29. Ryan has been celebrated as a deficit hawk with bold vision, but some critics have called his record on deficit-reduction "dismal."
Chip Somodevilla Getty Images

Paul Ryan has a reputation as a deficit hawk. Mitt Romney's running mate has proposed budgets that cut non-defense spending significantly, and advocated controlling Medicare costs by making it a voucher program. But critics argue there's a lot in the Wisconsin congressman's record that undermines his deficit-hawk reputation.

When Ryan gave the GOP response to President Obama's State of the Union address last year, he restated his commitment to debt and deficit reduction.

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9:43am

Sat August 11, 2012
Presidential Race

How Paul Ryan's Budget Affects Health Care

Originally published on Sat August 11, 2012 12:38 pm

Transcript

LINDA WERTHEIMER, HOST:

This is WEEKEND EDITION, from NPR News. I'm Linda Wertheimer. It is no coincidence that Mitt Romney makes his vice presidential announcement aboard the U.S.S. Wisconsin, since Congressman Paul Ryan is from the Badger State. The U.S.S. Wisconsin is one of the largest battleships ever built by the U.S. Navy.

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6:07am

Sat August 11, 2012
Presidential Race

A Look At Paul Ryan's Budget

Originally published on Sat August 11, 2012 12:38 pm

Transcript

LINDA WERTHEIMER, HOST:

The selection of Paul Ryan as Mitt Romney's running mate will energize conservatives and liberals for the same reason. Ryan is the architect of the Republican House budget, which makes him a champion for conservatives, but a lightning rod, as well.

Joining us now to talk about that Ryan budget is NPR's Scott Horsley. Scott, this is a choice that activists in both parties will have something to say about it.

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