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Tag Archives: economy
S&P Downgrades US Credit Rating Outlook to Negative
Standard & Poor’s ‘negative’ rating on US credit sent stocks tumbling thanks in part to the politics of Washington on the budget and debate over raising the debt ceiling. CNNMoney | U.S. credit rating outlook lowered by S&P Standard & Poor’s lowered its outlook for the nation’s long-term debt Monday, based on the uncertain political debate… Continue Reading
House Passes Paul Ryan 2012 Budget
(Reuters) – The House of Representatives on Friday passed a budget plan for the next fiscal year that would cut federal spending by around $6 trillion over a decade and includes controversial long-term cuts to healthcare programs for the elderly and poor. By a vote of 235-193, the Republican-controlled House passed the budget for fiscal… Continue Reading
House to Vote on Paul Ryan 2012 Budget
Before Washington goes on their two-week Easter break, the House wants to vote on Rep. Paul Ryan’s 2012 Budget proposal that would cut $6 Trillion over the next ten years. FoxNews | House to Vote on GOP 2012 Budget With a fundamental restructuring of Medicare and Medicaid, the plan has been blasted by Democrats, including… Continue Reading
Ahead of Budget Bill Vote, Numbers Don’t Add Up
As it should come as no surprise, all that effort to cut more and save more over the budget battle, and it comes down to a numbers game. But the numbers will leave most on Captial Hill scratching their heads trying to get them to come out as promised. But, as Pelosi would probably put… Continue Reading
Paul Ryan Responds to Obama’s Speech
H/T: HotAir – Mediaite… Continue Reading
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