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Conservatives See Victory in Budget Cuts Earlier this week, Obama was back in campaign mode at a shipyard in Virginia, warning about the dangers of the mandatory budget cuts. So these cuts are wrong. They are not smart. They are not fair. They are a...
BEIJING/WASHINGTON, March 2 (Xinhua) -- As Jacob Lew was sworn into office as the new U.S. Treasury Secretary on Thursday, U.S. President Barack Obama has so far put in place three key positions in his second-term cabinet. However, what greeted Lew,...
Leaders of the U.S. Senate and House of Representatives have named nine of the 12 members of a committee that will be expected to find up to $1.5 trillion in savings to reduce the nation's deficit. The White House said Wednesday that President Barack...
Credit can be a friend or a foe. It can be an asset or a liability. If you abuse the privilege, it can ruin future plans. If you find your debts have pile up and you feel out of control, develop a plan to help you solve the problem. Getting out of de...
The Speaker of the U.S. House of Representatives, John Boehner, says he stands ready to cut a budget deal with President Barack Obama - so long as no taxes are raised, leaving deep spending cuts as the sole vehicle to trim Americas massive $1.5-trill...
U.S. President Barack Obama and Republican lawmakers reached a last-minute budget agreement late Friday, averting a potential government shutdown. Less than two hours before the deadline, Democrats and Republicans（共和党） agreed, in principle,...
Listen first to yesterdays podcast, What is the Budget? There were only a few surprises in todays Budget. One was about tax cuts. All workers, the rich and the poor, will pay less income tax. People earning less than $14,000 a year will pay 10.5% inc...
Tomorrow afternoon, the Minister of Finance, Bill English, will read the Budget in Parliament. The Budget tells us how much money the government expects to have next year and how the government plans to spend it. The Prime Minister has already talked...
