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Content Tagged As spending_cuts

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  • State lawmakers tight-lipped on spending cuts Play Video

    January 16, 2015 6:38 PM

    BATON ROUGE- State lawmakers are bracing for a hard hitting budget proposal from Governor Jindal's office next month. With an estimated $1.5 billion dollar hole in next years budget, legislators are left with some tough decisions. The governor already put higher-education on the chopping-block, proposing up to $300 million... more »
  • Automatic cuts will have to wait until midnight

    March 1, 2013 7:53 AM

    WASHINGTON - The White House says automatic spending reductions set to kick in will be put off until as close to midnight Friday as possible. Congress passed the law in January. It says that "on March 1, 2013, the president shall order a sequestration for fiscal year 2013."... more »
  • Obama tries to unify Senate Democrats

    February 6, 2013 7:24 AM

    WASHINGTON - President Barack Obama is working to sell Senate Democrats on his strategy for tackling immigration, gun control and a host of fiscal dilemmas. The president meets with senators Wednesday at a closed-door retreat in Annapolis, Md. Obama's prospects for enacting his ambitious second-term agenda depend partly on Senate... more »
  • Obama: Debt limit increase can't be tied to spending cuts

    January 14, 2013 12:50 PM

    WASHINGTON - President Barack Obama is demanding that Congress quickly raise the nation's $16.4 trillion debt limit, telling reporters, "we are not a deadbeat nation." At a White House news conference less than a week before he takes the oath of office for a second term, Obama warned that if... more »
  • House will vote on Senate-passed 'cliff' bill

    January 1, 2013 8:17 PM

    WASHINGTON - Republicans are dropping their demands for additional spending cuts and will hold a House vote on whether to give final congressional approval to the Senate-approved compromise averting "fiscal cliff" tax increases and spending cuts. The House vote was expected Tuesday evening. A decision by the Republican-run House to... more »
  • Bill to avert fiscal cliff heads to House

    January 1, 2013 8:38 AM

    WASHINGTON - Now in the spotlight, House Republicans plan a closed-door meeting today to decide their next move after the Senate overwhelmingly approved compromise legislation avoiding a fiscal cliff of across-the-board tax increases and sweeping spending cuts to the Pentagon and other government agencies. The Senate endorsed the legislation early... more »

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