A Fiscal Warning From Two Former Budget Chiefs

NEW YORK (Reuters) - Two former budget chiefs who worked for presidents from opposing political parties said on Monday that the government should reduce military spending, scale back Social Security payments and end decade-old income tax cuts to reduce the federal deficit.

Topics:  york reuters     two   social security   budget chiefs   reduce   
  • Tourism-related shares drag down European stocks - Buenos Aires Herald
    Nikkei posts 5 straight days of gains; market awaits fresh trading ... - Sify
    11/24/2015 - 10:11 am | View Link
  • SEB: Nordic Outlook: Hesitant growth amid heightened uncertainty - Yahoo! Finance
    ... service sector - despite warning signals from ... be unfunded in the government budget process. Three "holy cows" in the Swedish fiscal ...
    11/24/2015 - 4:23 am | View Link
  • More
  • Opening Bell: Fiscal Council criticises Budget 2016, Honohan's final thoughts, Europe's tax loophole warning
    The Fiscal Council, Ireland's budgetary watchdog, has warned that Budget 2016 and the planned €1.5bn in supplementary spending mark a "deviation from prudent policy." “Using unexpected incoming revenues to fund permanent increases in expenditure at a ...
    11/25/2015 - 6:40 pm | View Link
  • Irish Fiscal Advisory Council slams 2015 spending splurge
    He said however that the additional 2015 spending was “an opportunity missed”. And IFAC re-iterated its warning that the budget lacked a “well-specified” outlook and did not allow enough room to account in future years to meet demographic and other ...
    11/25/2015 - 1:24 pm | View Link
  • 7th Pay Commission award: Rating agencies sound a warning on fiscal targets
    Finance minister Arun Jaitley amended the target in the budget for 2015-16 to stretch the goal by one ... to achieving the planned medium-term consolidation targets," Fitch said, warning of its impact on the ratings profile of the country.
    11/20/2015 - 10:05 pm | View Link
  • Meeting India's FY17 Fiscal Deficit Target a Challenge: Citi
    The brokerage sounded a warning that if the fiscal deficit target is achieved ... which will impact the central Budget by Rs 73,650 crore and the Railway budget by Rs 28,450 crore. "The combined wage boost is around Rs 1 trillion, or 0.65 per cent of ...
    11/20/2015 - 6:47 am | View Link
  • Pay hike won't breach fiscal deficit targets: FinMin
    "Next year we will work on our numbers as part of the budget. I am quite confident that the government ... The brokerage sounded a warning that if the fiscal deficit target is achieved through a cut in public investments, it could offset the gains on ...
    11/19/2015 - 11:43 pm | View Link
  • More
  • Ohio
    At the Ohio Office of Budget and Management, it is our mission to provide policy analysis, fiscal research and financial management services to the Governor and ...
    11/23/2015 - 6:38 pm | View Website
  • A Brief History of President Obama’s Fiscal Record ...
    A Brief History of President Obama’s Fiscal Record Setting the Record Straight
    11/23/2015 - 2:06 pm | View Website
  • Federal Budget
    News about the U.S. federal budget, including commentary and archival articles published in The New York Times.
    11/23/2015 - 9:55 am | View Website
  • Appropriations Committee Releases Fiscal Year 2016 ...
    Appropriations Committee Releases Fiscal Year 2016 Interior and Environment Bill Legislation will fight job-crushing regulations, protect the nation’s natural ...
    11/23/2015 - 8:29 am | View Website
  • OBM
    OBM, Ohio's Office of Budget and Managment
    11/22/2015 - 2:35 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News