Spending Cuts | featured news

Wisconsin Republican Governor Scott Walker was expected to deliver a budget proposal on Tuesday that would cut state spending and includes a contentious move to reduce the rights of public sector labor unions.

The federal government hosts 47 job-training programs, 44 of which overlap. It runs 80 programs for the "transportation disadvantaged." Another 82 programs spread across 10 separate agencies endeavor to improve teacher quality -- something hundreds of ...

President Barack Obama is sending Congress a $3.73 trillion spending blueprint that pledges $1.1 trillion in deficit savings over the next decade through spending cuts and tax increases.

The Obama administration's proposed 2012 budget will include $1.1 trillion in spending cuts over 10 years.

The proposed reductions fall short of the $100 billion in cuts Republicans campaigned for last fall but represent substantial hits to various programs including law enforcement, NASA, the EPA and arts funds.

Republican leaders in the House of Representatives will seek $32 billion in spending cuts from current levels this year as part of an effort to reduce a forecasted $1.5 trillion deficit.

President Barack Obama is getting a bump in his approval ratings from an improving U.S. economy but Americans want him to focus on reducing U.S. debt and spending, a Reuters/Ipsos poll showed on Wednesday.

The governor wants to halve the 96,000 state-paid phones to save a projected $20 million. He says state-paid phones should be available only to department executives and those who must be reachable around the clock.

Cut spending, raise taxes and fees, and accept billions of dollars from Congress. That's been the formula for states trying to survive the worst economy since the 1930s.

President Barack Obama will announce a two-year pay freeze for federal employees Monday, a move White House officials say is the first of many difficult decisions that must be made to reduce the nation's mounting deficit.