Federal Budget - Most Recent
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White House announces $1.1 trillion in budget cuts
Feb 14, 2011
President Obama has released his budget proposal for next year's federal spending plan. The plan includes $1.1 trillion in cuts over the next decade. But Republicans already are saying Obama's plan doesn't cut it.
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Energy innovation on the budget chopping block
Feb 14, 2011
A cornerstone of President Obama's agenda meets GOP resistance today in Washington, D.C. Scott Tong reports on opposition to clean energy funding.
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House GOP calls for $100 billion spending cut
Feb 12, 2011
Tea Party members got the upper hand today. The House Appropriations Committee now wants $100 billion in spending cuts over what President Obama requested for 2011.
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Diane Swonk: Budget cuts in Washington
Feb 10, 2011
Republicans on Wednesday announced a plan to save $35 billion by eliminating dozens of federal programs and cutting funding from others. Jeremy Hobson speaks with Diane Swonk, chief economist of Mesirow Financial, about the proposed budget cuts.
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Obama wants to snip discretionary spending
Jan 26, 2011
President Obama proposes budget cuts of $400 billion over a decade. Senator Rand Paul proposes cuts of half a trillion in a year. Cutting what's realistic is the issue.
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