Stories tagged: deficit
Thu., Sept. 6, 2018, 8:45 a.m.
University of Idaho President Chuck Staben said during a UI faculty meeting Wednesday the Athletics Department will continue to operate at a deficit this year.
UPDATED: Mon., April 9, 2018, 9:38 p.m.
The combined effect of President Donald Trump’s tax cuts and last month’s budget-busting spending bill is sending the government’s budget deficit toward the $1 trillion mark next year, according to …
UPDATED: Thu., April 5, 2018, 5:57 p.m.
WASHINGTON – The U.S. trade deficit rose for the sixth straight month in February, reaching the highest level since October 2008 and defying President Donald Trump’s efforts to rebalance America’s …
Tue., Feb. 13, 2018
The bipartisan budget agreement reached last week by congressional leaders is nothing if not a huge evasion of responsibility. Neither party will make the unpopular choices necessary to pay for …
UPDATED: Tue., Feb. 6, 2018, 10:14 a.m.
The U.S. trade deficit hit the highest level in nine years in 2017, defying President Donald Trump’s efforts to bring more balance to America’s trade relationships.
Tue., Jan. 30, 2018, 5:13 p.m.
A week after a standoff forced a three-day government shutdown, congressional budget talks remain bogged down by Democrats’ demands to protect “Dreamer” immigrants and GOP conservatives’ concerns about a booming …
Thu., Jan. 11, 2018, 12:42 p.m.
The federal government recorded a budget deficit of $23.2 billion in December, smaller than a year ago. But for the first three months of this budget year, the deficit is …
Fri., Dec. 29, 2017, 11:05 a.m.
Plenty of rain has fallen in Oregon since October, the beginning of the recorded rain year. Yet the snowpack for the entire state is 54 percent below normal. The snowpack …
Sat., Dec. 2, 2017, 10:58 a.m.
When did Republicans stop worrying and learn to love budget deficits?
Mon., Nov. 13, 2017, 11:52 a.m.
The federal government began its new budget year with an October deficit of $63.2 billion, up sharply from a year ago.
Sun., Nov. 5, 2017
The people who are supposed to be thrilled about the bill aren’t thrilled. The amount of debt created for the limited amount of growth it is expected to deliver seems …
Wed., Oct. 25, 2017, 9:48 a.m.
A bipartisan Senate plan to try to stabilize Affordable Care Act marketplaces would lower the federal deficit by nearly $3.8 billion during the next decade and would not affect the …
UPDATED: Mon., Oct. 23, 2017, 10:37 p.m.
Washington State University President Kirk Schulz announced sweeping budget cuts in an online statement Monday evening, fulfilling a promise he made when starting the job to curb the university’s spending …
Fri., Oct. 6, 2017, 4:07 p.m.
The federal government ran a $668 billion budget deficit for the just-completed 2017 fiscal year, according to a new government report. That’s $82 billion more red ink than the government …
UPDATED: Mon., April 24, 2017, 6:06 p.m.
President Donald Trump has instructed advisers to drastically cut the corporate tax rate even though doing so will expand the deficit and grow the national debt, sticking to one of …
Fri., Nov. 4, 2016, 11:43 a.m.
The U.S. trade deficit shrank in September to the lowest level in more than a year on stronger exports of goods and travel services.
Tue., Aug. 23, 2016, 12:22 p.m.
A new government report released Tuesday blames lower-than-expected tax revenues for a spike in this year’s budget deficit to $590 billion. That’s an increase of about one-third over last year’s …
Wed., July 13, 2016, 12:25 p.m.
The federal government recorded a small budget surplus in June, but the deficit so far this budget year is still running 26.7 percent higher than a year ago.
Mon., June 27, 2016, 1:43 p.m.
A new Washington study says Donald Trump’s tax and budget plans would make the national debt skyrocket by $10 trillion or more over the coming decade, mostly because of his …
Mon., June 13, 2016, 6:30 p.m.
Washington State University’s new president says the school’s spending habits are “simply not sustainable.” But he plans to change that.
Tue., March 15, 2016
If you want much bigger government, you have to pay for it with broadly based taxes, even if the rich and upper middle class bear the biggest burdens.
Mon., March 7, 2016, 9:07 a.m.
A Senate panel has delayed action on an annual budget blueprint, as Republicans disagree among themselves on spending levels and trillions of dollars in longer-term budget cuts.
Fri., March 4, 2016, 11 a.m.
President Barack Obama says Republicans may be making “doomsday” claims about the economy, but he has another take: “America’s pretty darn great right now.”
Fri., Feb. 26, 2016, 2:35 p.m.
President Barack Obama on Friday pushed back against relentless Republican criticism of his economic leadership, saying his policies are paying off in “big tangible ways” and anyone who doesn’t acknowledge …
Wed., Feb. 10, 2016, 1:08 p.m.
The federal government recorded a budget surplus in January of $55.2 billion, helped by a timing quirk that shifted benefit payments to December.
Tue., Feb. 9, 2016, 1:04 p.m.
The economic assumptions underlying President Barack Obama’s proposed budget for the fiscal year starting Oct. 1 are fairly optimistic for the near term, although weaker than projections made in the …
Tue., Feb. 9, 2016, 10:56 a.m.
President Barack Obama proposed a record $4.1 trillion budget on Tuesday.
Tue., Jan. 19, 2016, 3:08 p.m.
The U.S. economy is on track to expand “solidly” this year, but the federal deficit is creeping up again, thanks in large part to a package of tax breaks enacted …
Wed., July 31, 2013, 9:02 a.m.
WASHINGTON — A second, deeper round of automatic federal budget cuts is on its way, and it’s going to hit the Pentagon hard.
Wed., Dec. 14, 2011, 11:23 a.m.
The Senate today voted against changing the Constitution to require a balanced budget as Congress hit yet another dead end in its search for a way out of its fiscal …