White House

Budget Battles

  • Congress Passes $150 billion Benefit Package

    By PAUL KANE, The Washington Post

    Congressional negotiators put their final signatures late Wednesday on an economic plan worth more than $150 billion that would extend a payroll tax holiday and unemployment benefits.

  • 7 Ways Obama Wants to Tax the Rich

    By Michelle Hirsch, The Fiscal Times

    A guide to exactly how Obama’s 2013 budget seeks to tax wealthier Americans more heavily to pay for investments in education, energy, and housing.

  • Obama Chides Xi on Chinese Trade

    By Matt Spetalnick and CHRIS BUCKLEY, Reuters

    President Barack Obama told Chinese leader-in-waiting Xi Jinping on Tuesday that Beijing must play by the same trade rules as other major world powers and vowed to keep pressing China to clean up its...

  • Congress Adds Payroll Tax Cut to Gov’t Credit Card

    By Eric Pianin

    In a stunning turnabout, House Speaker John Boehner and Republican troops are prepared to finance an extension of the Social Security payroll tax cut by adding $100 billion to the deficit.

  • How Obamacare Reignited the Culture Wars

    By John Leo, The Fiscal Times

    The mainstream press keeps telling us that the struggle of Catholics v. Obamacare is about birth control. This is partly ineptitude, partly an attempt to depict the controversy as irrelevant, since...