Three-quarters of the $2.4 trillion in deficit reduction already enacted since the start of fiscal year 2011 has been spending cuts. Since the start of fiscal year 2011, President Barack Obama has ...
Reporting from Washington — As congressional leaders and the White House work to strike a historic deficit-reduction deal, the debate is not over how to cut trillions of dollars, but rather what ...
President Barack Obama recently announced a “deficit reduction plan” that includes both a massive tax hike and a massive increase in federal spending. Insisting that the only way to close the deficit ...