The president asked Congress to throw out sweeping budget cuts both parties agreed to four years ago when deficits were spiraling out of control.

Topics:  congress   
BING NEWS:
  • US inflation increases moderately; consumer spending boosts Q2 outlook
    U.S. monthly inflation rose moderately in March, but stubbornly higher costs for housing and utilities suggested the Federal Reserve could keep interest rates elevated for a while.
    04/26/2024 - 6:56 am | View Link
  • US inflation rises in line with expectations; consumer spending strong
    U.S. monthly inflation rose moderately in March, but stubbornly higher housing and transportation costs suggested the Federal Reserve could keep interest rates elevated for a while. The report from ...
    04/26/2024 - 2:31 am | View Link
  • Interest Rates Surge Near Record Highs
    Interest rates have been on the rise since early 2022, as the Federal Reserve worked to fight the surge in inflation and federal debt has continued to rise. Ten-year Treasury rates have spiked nearly ...
    04/18/2024 - 1:00 am | View Link
  • Retail sales surge; spending boosts GDP bets and tests Fed rate-cut timing
    The closely tracked control-group number rose 1.1% on the month, more than triple Wall Street forecasts. This figure, which excludes autos, building materials, office supplies, gas-station sales and ...
    04/15/2024 - 2:04 am | View Link
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