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Entries Tagged as 'Budget'

CBO Update

March 6th, 2010 · CBO Update

The following has been added to CBO’s Web site (www.cbo.gov):

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Obama administration plans to close International Labor Comparisons office

March 3rd, 2010 · Accountability, Corruption, Deception, Economy, Ethics, Government Control, Non-Transparency, Obama's Scheme, Politics, Selling Out the US, Terrorism from Within, Unemployment

By Alec MacGillis Washington Post Staff Writer
Wednesday, March 3, 2010

Like a scorekeeper for the world, a tiny unit within the Bureau of Labor Statistics tracks globalization’s winners and losers, and the results are not always pretty for the United States. Manufacturing jobs here, for example, have fallen faster since 1979 than in Canada, Germany or Japan. Compensation for those jobs dropped here in 2008 but jumped in South Korea and Australia.

Soon, however, Americans may be spared the demoralization in these numbers: The White House wants to shutter the unit that produces them.

President Obama‘s budget would eliminate the International Labor Comparisons office and transfer its 16 economists to expand the bureau’s work tracking inflation and occupational trends. The White House says the cut, estimated to save $2 million, is one of many difficult decisions the president was forced to make to control spending.

“This budget had to make some tough choices and prioritize the nation’s most pressing needs during a challenging economic and fiscal climate,” said Office of Management and Budget spokesman Tom Gavin. But the proposed cut has triggered an outcry from an eclectic group of academics, business leaders and union officials — a reminder that, in the sprawl of the federal government, some seemingly obscure offices have built a loyal following around their discrete missions.

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Obama budget seeks 13.4 percent increase for National Nuclear Security Administration

February 3rd, 2010 · Federal Spending, Homeland Security, National Security, Tax Dollars

By Walter Pincus Washington Post Staff Writer
Wednesday, February 3, 2010

President Obama‘s fiscal 2011 budget blueprint calls for an increase in funding of more than 13 percent for the agency that oversees the U.S. nuclear weapons complex, a greater percentage increase than for any other government agency.

The request could help reduce opposition to a new strategic arms control treaty with Russia. Republicans have argued that the Obama administration will jeopardize national security if it agrees to cuts in the U.S. nuclear arsenal without modernizing the country’s remaining weapons.

The $11.2 billion request for the National Nuclear Security Administration (NNSA) represents a 13.4 percent increase for the agency from the previous fiscal year. Most agencies across the rest of the government saw either no increase in the spending plan announced this week or a single-digit percentage increase.

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Obama Budget calls for New Spending to accomplish goals that were Paid for Last Year

February 2nd, 2010 · Corruption, Deception, Democrats, Economy, Ethics, Federal Spending, Greed, Money Lost, Non-Transparency, Obama's Scheme, Selling Out the US, Tax Dollars, Terrorism from Within, Treason

Obama budget calls for new spending to lower unemployment, help middle class

By Lori Montgomery and Michael A. Fletcher Washington Post Staff Writer
Tuesday, February 2, 2010

As President Obama announced his $3.8 trillion spending plan on Monday, Republicans savaged it as a recipe for fiscal disaster, while Democrats defended the call to drive record deficits even higher to finance measures aimed at putting people back to work.

The budget that Obama sent to Congress would devote an additional $282 billion to “temporary recovery measures” over the next three years, on top of the huge economic stimulus package congressional Democrats pushed through during his first days in office.

As a result, the gap between the government’s revenue and spending would reach a record $1.56 trillion this year. Next year’s deficit would approach $1.3 trillion, forcing the government to borrow 33 cents of every dollar it spends.

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Draft Defense Department budget avoids weapons cuts, adds aircraft

January 30th, 2010 · Defense, Federal Spending, Tax Dollars

By Greg Jaffe and Craig Whitlock Washington Post Staff Writer
Saturday, January 30, 2010

The Obama administration’s 2011 defense budget avoids the controversial weapons cuts of last year, according to a draft copy, and continues to shift modest amounts of money to weapons programs such as helicopters, unmanned planes and Special Operations units that are in heavy use Afghanistan and Iraq.

The more than $700 billion budget will be released Monday with a congressionally mandated review of defense spending. That review calls on the Pentagon to focus more attention on wars in which enemy forces hide among the populace and use roadside bombs and hit-and-run ambushes to attack U.S. troops. The Quadrennial Defense review also predicts a future dominated by “hybrid” wars, in which traditional states will fight more like guerrillas and insurgents will arm themselves with increasingly sophisticated technology, such as antitank weapons and missiles.

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