President

Budget Battles

  • Keystone Pipeline Gets a New Lease on Life

    By TIMOTHY GARDNER, Reuters

    The Keystone XL oil pipeline got a boost on Friday when the State Department said the project would not likely change the rate at which Canada’s oil sands are developed, discounting warnings from...

  • Sequestered: How Much Is $85 Billion Anyway?

    By Brianna Ehley, The Fiscal Times

    How much exactly is $85 billion, anyway? To put the across-the-board cuts of the sequester into perspective, here's a list of things that cost the same as sequestration. The results may surprise you.

  • Sequester Locks in as White House Meeting Fizzles

    By Eric Pianin

    The meeting between President Obama and Republican leaders on Friday morning dispelled any lingering doubt about whether the $85 billion of across the board sequester cuts would take hold beginning...

  • Biggest Winners and Losers in the Sequester Stalemate

    By Eric Pianin and Josh Boak

    The fight over whether to block or blunt the effects of the $85 billion sequester ended in a stalemate yesterday in the Senate, with little of the drama of previous crises over the debt ceiling and...

  • The Sequester Game of Chicken

    By Bruce Bartlett, The Fiscal Times

    It was said of the French arististocracy before the revolution that they learned nothing and forgot nothing. So too with the Republican Party, which is still fighting budget battles from the past...