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.

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ASK NEWS:
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YAHOO NEWS:
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  • Stop the budget blame game: businesses
    Australia has a decade to sort out its federal budget problems or lifestyles will suffer. It says the nation has a choice between taking early, gradual action now or doing nothing and facing blunt, costly spending cuts and tax increases down the track, "possibly in crisis". The council's chief Jennifer Westacott says it's time the blame game was taken out of the budget debate. Australia has a ...
    03/2/2015 - 6:58 pm | View Link
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  • Planning to fail with budget 2015
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  • India's Modi passes budget test despite lack of reform dazzle
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BING NEWS:
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  • "Detroit Mayor Mike Duggan presented a fiscal 2016 budget on Tuesday to the city council, warning ..."
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  • Christie proposes $33.8 billion budget for next fiscal year
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BING SEARCH:
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