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budget deficits

Published: 10/4/10

Opinion: Who's Really to Blame for Monster Deficits?

By  John Merline - AOL News
Opinion: Who's Really to Blame for Monster Deficits?

(Oct. 4) -- Who is to blame for the gigantic budget deficits and the pileup of debt over the next decade? It depends on whom you ask. President Barack Obama and the Democrats place the blame squarely on Republicans. As Obama has repeatedly stressed, he inherited a fiscal meltdown, driven by "two tax cuts that weren't paid for, two wars that weren't paid for, that were hugely expensive" and a deep recession. "When we came into office," he's noted, "the deficit was $1.3 trillion -- $1.3 trillion." Republicans, in turn, put the blame entirely on Obama's spending policies. So which is it? ...

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Published: 09/27/10

Sam Granato: We Deserve More Than Empty, Extremist Rhetoric

By  not in system - AOL News
Sam Granato: We Deserve More Than Empty, Extremist Rhetoric

(Sept. 27) -- We live in difficult times. American workers are facing a harsh economic climate with skyrocketing unemployment and a great deal of uncertainty. At the same time, our federal government continues to carry a sizable annual budget deficit and an unacceptable national debt, both of which pose a significant threat to our country's long-term fiscal stability. We will have to make many tough decisions in the coming years if we are going to get our country back on track. However, I'm confident that we can solve even our biggest problems if we put aside extreme partisan rhetoric and ...

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Published: 05/24/10

Volunteerism and Cash-Strapped Britain: Are U.S.-Style PTAs on the Way?

By  Delia Lloyd - Politics Daily
Volunteerism and Cash-Strapped Britain: Are U.S.-Style PTAs on the Way?

While reading the New York Times Motherlode blog the other day, I was struck by a piece about current trends in American education. Apparently, many public school districts in the United States are increasingly turning to parents in order to cover budgetary shortfalls. In some cases, it's the parent-teacher associations that are spearheading the movement to make up for things like teacher's salaries and supplies when school boards can't. In other cases, schools are making direct appeals to parents for monetary contributions, sometimes making them mandatory. There's a lot to say about this ...

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Published: 02/18/10

After Congress Punts, Obama Names Deficit Panel

By  Russell Berman - AOL News
After Congress Punts, Obama Names Deficit Panel

WASHINGTON (Feb. 18) -- A former Republican senator from Wyoming and a Democratic former chief of staff to Bill Clinton will lead a presidential commission charged with recommending solutions to the nation's soaring deficit, President Obama announced Thursday morning. The president tapped Alan Simpson, who represented Wyoming from 1979 to 1997 and rose to become the No. 2 Republican in the Senate, and Erskine Bowles, the White House chief of staff from 1996 to 1998, to head the fiscal panel, which Obama established by executive order after the Senate rejected an attempt to create the ...

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